5350 MYRTLE UNIT 48, SARASOTA, FL, 34235
Active5 days on marketListed Jul 18, 2026MLS #A4700437
About this home
5350 MYRTLE UNIT 48
Welcome to your charming, light-filled Florida retreat at 5350 Myrtle Wood in the highly desirable The Meadows neighborhood in Sarasota. This 2-bedroom, 2-bathroom ground-floor villa offers approximately 1064 square feet of well-designed, maintenance-free living space. Tucked away in the serene Somerset community, the home blends a relaxed resort lifestyle with unbeatable everyday convenience. Spacious Open Layout. Large living room and dining room combination perfect for easy entertaining and comfortable daily living. Modern & Fresh low-maintenance vinyl plank flooring installed across the bedrooms & the living/dining areas. Equipped with dedicated laundry featuring an in-unit washer and dryer. Poolside Living: Premium location directly in front of the community pool, offering immediate backyard access for a refreshing swim. Prime Shopping & Dining: Minutes from top-tier retail, restaurants, and grocery options at the University Town Center (UTC) district. Outdoor Recreation: Located next to Nathan Benderson Park for world-class rowing, walking trails, and community events. Commuter's Dream: Quick, hassle-free access to I-75 connects you to downtown Sarasota, local beaches, and airports.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,064
Sqft
0 ac
Lot size
1981
Year built
One
Levels
$235
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,600 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,600/mo
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.
vs edgeAI estimate
+17.9%
$/sqft vs SOMERSET
$235 vs $165
Days on market
5 vs 58 typical
Where $235/sqft sits among the 17 homes for sale in SOMERSET
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
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$3,500/mo median
Live Sarasota rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Somerset
Drive times from this address
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
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$470K → $470K
Sarasota median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
3 of 17
SOMERSET have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 5% above the SARASOTA 34235 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 5350 MYRTLE UNIT 48
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$200,000
5370 MYRTLE WOOD UNIT 56 · same community
2 bd · 2 ba · 1,080 sqft · $185/sqft · 147 DOM
Sold · 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
Sold · 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5350 MYRTLE UNIT 48 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5350 MYRTLE UNIT 48 — 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.
Straight answers
5350 MYRTLE UNIT 48 FAQs
What would the monthly payment be for 5350 MYRTLE UNIT 48?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,600/mo — principal and interest, the actual property-tax bill, the $592/mo association fee 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.
How much are the HOA fees at 5350 MYRTLE UNIT 48?+
The association fee works out to $592 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5350 MYRTLE UNIT 48?+
The most recent tax bill on record (2025) was $3,190. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 5350 MYRTLE UNIT 48 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 5350 MYRTLE UNIT 48?+
The listing reports pets: Breed Restrictions, Cats OK, Dogs OK, Number Limit. 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 $250,000, this home is listed about 56% below the Sarasota median of $570,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5350 MYRTLE UNIT 48?+
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.
The brief
Four things that matter here
01Zoned for nightly rentals
Somerset is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
02Pool views
The pool view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $592/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Fresh on the market
Only 5 days on market in a Sarasota market that averages 58 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of PALM OASIS REALTY AND MGMT INC · Tara Bolesta. MLS #A4700437.
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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