Unique opportunity for investment/development. Property is directly across from the entrance to Sarasota International Airport and is surrounded by hotels and multi-family. Current zoning allows multi-family up to 9 units/AC, but Future Land Use is Community Commercial, allowing various commercial uses including hotel, up to 35 units/AC. Property contains a single family home with pool in average condition, which can porvide interim income. House does not contribute, and is conveyed as-is. Brokered And Advertised By: SPERRY VAN NESS COMMERCIAL ADV (281516932) Listing Agent: BRUCE DILGES
Sold for $900,000
Street View
$900,000
5325 Royal Palm Ave, Sarasota, FL 34234
3beds
2baths
1.82Acres
VacantLand
Built in 1960
1.82 Acres Lot
$-- Zestimate®
$443/sqft
$1,968 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,968/mo
Zestimate® history
Owner options
List your home for rent
$1,968/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,968/mo
Rent Zestimate®
Refinance and save
$5,829/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,829/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Interior area
- Total interior livable area: 2,030 sqft
Property
Features
- Exterior features: Stucco
Lot
- Size: 1.82 Acres
Details
- Parcel number: 2001020001
Community & HOA
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $443/sqft
- Tax assessed value: $709,200
- Annual tax amount: $8,747
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2025 | Sold | $900,000+50%$443/sqft |
Source: Public Record Report a problem | ||
| 11/1/2014 | Listing removed | $599,999$296/sqft |
Source: SPERRY VAN NESS COMMERCIAL ADV (281516932) #A3998213 Report a problem | ||
| 5/21/2014 | Listed for sale | $599,999$296/sqft |
Source: SPERRY VAN NESS COMMERCIAL ADV #A3998213 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,747 +30.8% | $500,000 +10% |
| 2024 | $6,687 +1.2% | $454,545 +10% |
| 2023 | $6,608 +8.4% | $413,223 +10% |
| 2022 | $6,096 +12.2% | $375,657 +10% |
| 2021 | $5,431 +7.6% | $341,506 +10% |
| 2020 | $5,046 +5.5% | $310,460 +10% |
| 2019 | $4,783 | $282,236 -8.3% |
| 2018 | $4,783 +5.3% | $307,800 +32% |
| 2017 | $4,541 -20.8% | $233,253 -18.9% |
| 2016 | $5,732 | $287,700 -24.2% |
| 2015 | $5,732 +27.4% | $379,400 +72% |
| 2014 | $4,498 +8.1% | $220,600 |
| 2013 | $4,162 +5% | $220,600 +3.2% |
| 2012 | $3,964 -1.3% | $213,700 -2.8% |
| 2011 | $4,017 +56.7% | $219,900 +30.4% |
| 2010 | $2,563 +9.5% | $168,615 +2.7% |
| 2009 | $2,342 | $164,182 +0.1% |
| 2008 | $2,342 -6.4% | $164,018 +3% |
| 2007 | $2,501 | $159,241 +2.5% |
| 2006 | -- | $155,357 +3% |
| 2005 | -- | $150,832 +3% |
| 2004 | $2,508 -1% | $146,439 +1.9% |
| 2003 | $2,532 -0.7% | $143,709 +2.4% |
| 2002 | $2,552 +6.7% | $140,341 +1.6% |
| 2001 | $2,392 +3.1% | $138,131 +3% |
| 2000 | $2,319 | $134,108 |
Find assessor info on the county website
Neighborhood: Bayou Oaks
Nearby homes
- $18,6000.91 acres991 Palm Lake Dr, Sarasota, FL 34234Off Market
- $18,6002,500 sqft982 Palm Lake Dr, Sarasota, FL 34234Off Market
- $18,6002,482 sqft983 Palm Lake Dr, Sarasota, FL 34234Off Market
- $18,6002,482 sqft997 Palm Lake Dr, Sarasota, FL 34234Off Market
- $18,6002,482 sqft996 Palm Lake Dr, Sarasota, FL 34234Off Market
- $18,6002,482 sqft990 Palm Lake Dr, Sarasota, FL 34234Off Market
- $145,6002 bd2 ba930 sqft5364 Royal Palm Ave #5364, Sarasota, FL 34234Off Market
- $184,2003 bd1 ba1.4k sqft5250 Royal Palm Ave, Sarasota, FL 34234Off Market
Nearby schools
GreatSchools rating
- 4/10Emma E. Booker Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10Booker High SchoolGrades: 9-12Distance: 1.3 mi
- Florida
- Sarasota County
- Sarasota
- 34234
- Bayou Oaks
- 5325 Royal Palm Ave
