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Sold for $430,000
  • $430,000

    5516 AVELLINO PLACE, SARASOTA, FL 34238

    2beds
    1,692sqft
    Villa
    Built in 2001
    4,983 Square Feet Lot
    $411,300 Zestimate®
    $254/sqft
    $3,024 Estimated rent

    Home value

    $411,300

    $378,000 - $444,000

    $3,024/mo

    Zestimate® history
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    What's special

    Contemporary cabinetryModern designOversized peninsulaTropical oasisHigh ceilingsEpoxy floorLush landscaped yard
    One or more photo(s) has been virtually staged. SHOWS LIKE A MODEL HOME! MOVE IN READY!!!! Welcome to your tropical oasis in the tranquil and meticulously landscaped award winning community of Villagewalk in Palmer Ranch! Gated community offering resort style living. This beautifully renovated 2-bedroom, 2-bathroom villa offers a split floor plan for optimal privacy. The open-concept renovated design features an updated kitchen and master bathroom, seamlessly flowing into the spacious living and dining areas. High ceilings enhance the airy ambiance, while the converted lanai adds additional A/C living space. Perfect for a den or home office this area provides a stunning view of the lush, landscaped yard. The primary bedroom boasts a newly renovated ensuite bathroom and split layout ensures privacy for all. Custom cabinets in both walk in closets and pantry. No detail overlooked with beautiful kitchen backsplash, oversized peninsula with added cabinets beneath, contemporary cabinetry with many added features that make this a MUST SEE property. Interior doors replaced with a more modern design. Central vacuum and Wired security system. Secondary BR has been virtually staged. The 2 car garage has a beautiful epoxy floor and comes complete with cabinetry for extra storage. Hurricane shutters available but windows have been recently upgraded as well offering upgraded energy efficiency, VillageWalk is renowned for its resort-style amenities, including Har-Tru tennis courts, geothermal lap and lagoon pools, pickleball and bocce ball courts, a state-of-the-art fitness center, library, and event space. Enjoy the convenience of an on-site gas station, hair salon, gift shop, travel agent, post office, restaurant with bar, and a poolside tiki bar—perfect for relaxing with friends and neighbors. The community is managed by an on-site property manager and event coordinator, ensuring an active and vibrant lifestyle. Spanning over 500 acres, VillageWalk is interwoven with scenic walking paths that are located around miles of walking paths that intermingle with bridges and around the lakes. It is located just minutes from shopping, dining, and the world-renowned Siesta Key Beach. The Legacy Bike Trail and A-rated schools are nearby, making this a prime location for those seeking both luxury and convenience. Sarasota offers an array of cultural attractions, including theaters, opera houses, museums, and diverse dining options. With ground maintenance included, you’ll have more time to unwind and enjoy the unparalleled lifestyle at VillageWalk of Sarasota. The villa is in pristine condition and furniture is available under separate contract. HOA fee covers Palmer Ranch master association fee. This is your opportunity to experience the best of Florida living in a highly sought-after community. See their website for governing documents, photo gallery, sales documention and info on the various groups aand clubs. This is an active vibrant community. Resort style living in close proximity to beaches, museums, bike trails and restaurants. Some photos have been virtually staged. Furniture available under separate contract. Buyer Approval Required. Fee Includes: Guard Gate, Community Pools, Private Roads, Escrow Reserves Fund, Maintenance Grounds, Property Management Office

    Zillow last checked:

    Listing updated:

    Listed by:

    Becky Mallari 941-544-6003,

    FINE PROPERTIES 941-782-0000,

    Angel Wilkinson 813-416-9575,

    LPT REALTY, LLC

    Bought with:

    Becky Mallari, 3540481

    FINE PROPERTIES

    Source: Stellar MLS,MLS#: A4624318MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Den/Library/Office
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 12x14
    Bedroom 2
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 11x14
    Family room
    • Level: First
    • Dimensions: 14x10
    Great room
    • Level: First
    • Dimensions: 16x17
    Kitchen
    • Features: Stone Counters
    • Level: First
    • Dimensions: 10x8
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
    • Laundry: Laundry Room, Same Floor As Condo Unit
    Features
    • Ceiling Fan(s), Central Vacuum, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile
    • Windows: Window Treatments
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit,End Unit
    Interior area
    • Total structure area: 2,122
    • Total interior livable area: 1,692 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Irrigation System, Tennis Court(s)
    • Pool features: Heated, In Ground, Lap
    • Has view: Yes
    • View description: Garden, Trees/Woods
    Lot
    • Size: 4,983 Square Feet
    • Features: Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 0120030008
    • Zoning: RSF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida,Mediterranean
    • Property subtype: Villa
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Completed
    • New construction: No
    • Year built: 2001
    Details
    • Builder model: Capri III
    • Builder name: Divosta

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Fire Hydrant, Public, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Clubhouse, Fitness Center, Gated Community - Guard, Golf Carts OK, Irrigation-Reclaimed Water, Park, Pool, Restaurant, Sidewalks
    • Security: Fire Alarm, Gated Community, Security Gate
    • Pet fee: $0 monthly
    • Subdivision: VILLAGEWALK
    HOA
    • Has HOA: Yes
    • Services included: 24-Hour Guard, Cable TV, Trash
    • HOA fee: $440 monthly
    • HOA name: Colin Smart
    • HOA phone: 941-925-8775
    • Second HOA name: Palmer Ranch Master Association
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $254/sqft
    • Tax assessed value: $378,200
    • Annual tax amount: $3,023
    • Date on market: 10/31/2024
    • Cumulative days on market: 11 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    12/23/2024Sold$430,000$254/sqft
    Source: Stellar MLS #A4624318 Report a problem
    11/14/2024Pending sale$430,000$254/sqft
    Source: Stellar MLS #A4624318 Report a problem
    11/3/2024Listed for sale$430,000$254/sqft
    Source: Stellar MLS #A4624318 Report a problem
    11/1/2024Pending sale$430,000$254/sqft
    Source: Stellar MLS #A4624318 Report a problem
    10/31/2024Listed for sale$430,000+60.4%$254/sqft
    Source: Stellar MLS #A4624318 Report a problem
    5/21/2014Sold$268,000+7.7%$158/sqft
    Source: Public Record Report a problem
    10/16/2010Listing removed$248,900$147/sqft
    Source: YORK REAL ESTATE INC #A3926233 Report a problem
    9/15/2010Listed for sale$248,900-11.1%$147/sqft
    Source: YORK REAL ESTATE INC #A3926233 Report a problem
    9/16/2008Sold$280,000+72.3%$165/sqft
    Source: Public Record Report a problem
    10/31/2001Sold$162,500$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,764 +19.2%$307,045 +18.4%
    2024$3,157 +4.5%$259,430 +3%
    2023$3,023 +3.1%$251,874 +3%
    2022$2,932 +1.8%$244,538 +3%
    2021$2,881 +2%$237,416 +3.4%
    2020$2,826 -0.3%$229,700 -1.8%
    2019$2,833 $233,800 -2.1%
    2018$2,833 -1.4%$238,700 -1.3%
    2017$2,872 -11.1%$241,900 +3%
    2016$3,232 $234,800 +7.8%
    2015$3,232 $217,900 +24.6%
    2014$3,232 +44.7%$174,934
    2013$2,234 +2.8%$174,934 +1.7%
    2012$2,173 +4.8%$172,010 +3%
    2011$2,074 -7.2%$167,000 -4.9%
    2010$2,236 +12.7%$175,514 +2.7%
    2009$1,984 $170,900 +2.6%
    2008$1,984 -4.2%$166,517 +3%
    2007$2,071 $161,667 +2.5%
    2006-- $157,724 +3%
    2005-- $153,130 +3%
    2004$2,142 -0.8%$148,670 +1.9%
    2003$2,160 +1.8%$145,898 +3%
    2002$2,123 $141,600
    Find assessor info on the county website

    Neighborhood: Palmer Ranch

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ashton Elementary
    • Middle: Sarasota Middle
    • High: Riverview High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $411,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $411,300