David Ramirez
Short-Term Rental Eligible
$239,0002 bd2 ba1,064 sqft$225 /sqft$1,927 /mo all-in ↓

5204 MYRTLE WOOD UNIT 2, SARASOTA, FL, 34235

Active122 days on marketListed Apr 3, 2026MLS #A4688658

CondominiumSOMERSET

About this home

5204 MYRTLE WOOD UNIT 2

This move-in-ready villa offers effortless Florida is located within The Meadows, an active outdoor lifestyle community.. Steps from one of the community pools, walk to the pool from your Lanai, or sip your morning cup of coffee looking out to the pool. This condo offers both privacy and access to everything that makes The Meadows. The property is partially furnished, including kitchen utensils. The split-bedroom floor plan offers privacy and flexibility, with a private primary The main bedroom has a walk-in shower. The Meadows has a 1,650-acre park-like community with over 14 miles of trails, lakes, and an optional membership to golf, tennis, pickleball, and a fitness center. Just minutes from shopping and dining, downtown Sarasota, and the beaches of Siesta Key and Lido Key. Perfect for that seasonal owner or year-round resident.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,064

Sqft

0 ac

Lot size

1981

Year built

One

Levels

$225

Per sqft

Negotiable

Inside

FlooringCarpet · Ceramic Tile
AppliancesDishwasher · Dryer · Microwave · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · Living Room/Dining Room Combo · Primary Bedroom Main Floor · Split Bedroom
LaundryLaundry Closet
CoolingCentral Air
HeatingCentral
FurnishedNegotiable

Outside & construction

RoofShingle
ConstructionBlock
FoundationSlab
FacesEast
ExteriorPrivate Entrance · Sliding Doors · Storage

Community & fees

Taxes (2025)$3,047/yr
PetsCats OK, Dogs OK
CommunityBuyer Approval Required · Clubhouse

Utilities & systems

UtilitiesElectricity Connected · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$1,927 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,407
FHA mortgage insurance (est.)$106
Property tax — 2025 actual bill$254
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $8,365Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $8,365
Interest rate6.00%
Loan term

Estimated payment

$1,927/mo

Principal & interest$1,407
FHA mortgage insurance (est.)$106
Property taxes (actual bill)$254
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $239K
$224KedgeAI estimate $237,215 · range $233K$249K$259K

vs edgeAI estimate

+0.8%

$/sqft vs SOMERSET

$225 vs $176

Days on market

122 vs 58 typical

Where $225/sqft sits among the 16 homes for sale in SOMERSET

8
7 · this home
0
0
0
1
$78–170$170–263$263–355$355–447$447–539$539+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

The investor lens

Two ways this home pays

This home sits inside Somerset, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.

Short-term rental

Zoned & eligible

Nightly rentalsAllowed
CommunitySomerset
Fine-tuned for this homePrepared free by our team
Get the free rental analysis

Projected nightly rate, occupancy and annual revenue for this exact home.

Long-term rental

$3,500/mo median

MarketSarasota
Annual gross at median$42,000
Gross yield on this price17.6%
Homes for rent right now1,349

Live Sarasota rental listing data — this home’s rate depends on size, condition and furnishing.

The Florida short-term market

▼ Softening

50%

Occupancy

▼ 32% yr/yr

$296

Avg nightly rate

▲ 15% yr/yr

$35K/yr

Revenue per listing

$148

RevPAR

63 days

Booking lead time

5.5 nights

Avg stay

3

Typical min nights

10,047

Active rentals

▲ 12% supply

Seasonality — monthly occupancy

Peaks at 58% in Feb · bottoms at 38% in Jun

50%
58%
58%
56%
46%
38%
56%
49%
43%
47%
48%
50%
JanFebMarAprMayJunJulAugSepOctNovDec

Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Florida — the projection above is specific to this home’s size.

Where it sits

Inside Somerset

Map of 5204 MYRTLE WOOD UNIT 2 inside its neighborhood boundary

Drive times from this address

Downtown Tampa56 min
Tampa Int’l Airport (TPA)66 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Somerset is a short-term-rental community. See the full guide →

SARASOTA 34235 — neighborhood snapshot

Population

15,114

Median age

57.6

Median income

$72,948

Median home value

$338,200

Avg household

2.12

Households w/ children

1,116

For the school run

Sarasota County School District

ElementaryGocio Elementary School★★★★
MiddleBooker Middle School★★★★
HighBooker High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketBalanced6.0 months of inventoryBuyer’s market

$470K$470K

Sarasota median sold, yr/yr

95.1%

Sale-to-list ratio (12 mo)

2 of 16

SOMERSET have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 4% above the SARASOTA 34235 median. See the full Sarasota market guide →

Paper trail

This home's history

Apr 3, 2026Listed at $239,000 · 122 days on market since
1981Built · SOMERSET

Reality check

What actually sold near 5204 MYRTLE WOOD UNIT 2

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

5370 MYRTLE WOOD UNIT 56Sold · Jun ’26

$200,000

5370 MYRTLE WOOD UNIT 56 · same community

2 bd · 2 ba · 1,080 sqft · $185/sqft · 147 DOM

2850 Somerset Dr # 208, Lauderdale Lakes FL 33311Sold · Feb ’26

$62,500

2850 Somerset Dr # 208, Lauderdale Lakes FL 33311 · same community

2 bd · 2 ba · 1,010 sqft · $62/sqft · 61 DOM

3718 Victoria Drive, West Palm Beach FL 33406Sold · Aug ’25

$290,000

3718 Victoria Drive, West Palm Beach FL 33406 · same community

2 bd · 2.5 ba · 1,218 sqft · $238/sqft · 50 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 5204 MYRTLE WOOD UNIT 2 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5204 MYRTLE WOOD UNIT 2 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

5204 MYRTLE WOOD UNIT 2 FAQs

What would the monthly payment be for 5204 MYRTLE WOOD UNIT 2?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,927/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 5204 MYRTLE WOOD UNIT 2?+

The most recent tax bill on record (2025) was $3,047. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 5204 MYRTLE WOOD UNIT 2 be rented short-term?+

Yes — this home sits inside Somerset, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.

Are pets allowed at 5204 MYRTLE WOOD UNIT 2?+

The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $239,000, this home is listed about 58% below the Sarasota median of $570,000. The market section on this page shows how the area is trending.

Which schools are assigned to 5204 MYRTLE WOOD UNIT 2?+

Gocio Elementary School (elementary), Booker Middle School (middle), Booker High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of LA ROSA REALTY LLC · Rosa Arroyo. MLS #A4688658.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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