5354 ROYAL PALM AVENUE UNIT 5354, SARASOTA, FL, 34234
Active30 days on marketListed Jul 17, 2026MLS #C7528485
About this home
5354 ROYAL PALM AVENUE UNIT 5354
Discover the potential of this 2-bedroom, 2-bath corner villa in the desirable Royal Palm Villas community of Sarasota. Offering a functional floor plan and an excellent location, this home is ready for its next owner to update and make it their own. The spacious living area opens to a screened lanai, providing a comfortable space to enjoy Florida's year-round weather, relax with your morning coffee, or entertain guests. While the home could benefit from updating and TLC, it presents an excellent opportunity for buyers looking to customize a property to their own style or invest in a highly sought-after Sarasota location. Residents of Royal Palm Villas enjoy access to the community pool and low-maintenance living, with HOA services that include exterior maintenance, lawn care, water, sewer, trash, and more. Conveniently located just minutes from downtown Sarasota, Lido Key Beach, Sarasota-Bradenton International Airport, the Ringling Museum, shopping, dining, and cultural attractions, this villa combines outstanding location with incredible potential. Whether you're looking for a full-time residence, seasonal getaway, or investment opportunity, this is your chance to own in one of Sarasota's most convenient communities and create the home you've been envisioning.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
930
Sqft
4.5 ac
Lot size
1986
Year built
One
Levels
$170
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.
$1,951 /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
$1,951/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
−20.4%
$/sqft vs Sarasota actives
$170 vs $349
Days on market
30 vs 63 typical
Where $170/sqft sits among the 400 Sarasota actives
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.
Where it sits
Inside Bayou Oaks
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Bayou Oaks — neighborhood snapshot
Population
4,373
Median age
28
Median income
$55,895
Median home value
$213,536
Avg household
3
Households w/ children
382
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
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
177 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 51% below the SARASOTA 34234 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 5354 ROYAL PALM AVENUE UNIT 5354
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$185,000
5340 ROYAL PALM AVENUE UNIT 5340 · same community
2 bd · 2 ba · 930 sqft · $199/sqft · 35 DOM
Sold · Sep ’25$179,000
5356 ROYAL PALM AVENUE UNIT 5356 · same community
2 bd · 2 ba · 930 sqft · $192/sqft · 61 DOM
Sold · Sep ’25$308,000
1259 39TH STREET
3 bd · 2 ba · 951 sqft · $324/sqft · 151 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 5354 ROYAL PALM AVENUE UNIT 5354 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5354 ROYAL PALM AVENUE UNIT 5354 — 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
5354 ROYAL PALM AVENUE UNIT 5354 FAQs
What would the monthly payment be for 5354 ROYAL PALM AVENUE UNIT 5354?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,951/mo — principal and interest, the actual property-tax bill, the $630/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 5354 ROYAL PALM AVENUE UNIT 5354?+
The association fee works out to $630 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5354 ROYAL PALM AVENUE UNIT 5354?+
The most recent tax bill on record (2025) was $1,937. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5354 ROYAL PALM AVENUE UNIT 5354?+
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 $158,000, this home is listed about 72% below the Sarasota median of $555,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5354 ROYAL PALM AVENUE UNIT 5354?+
Booker High School (high), Booker Middle School (middle), Emma E. Booker Elementary School (elementary) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the SARASOTA 34234 market on paper
$158,000 is 51% below the SARASOTA 34234 median of $325,000, and at $170/sqft it sits under the Sarasota average of $494.
02Know the monthly fee
The association fee is $630/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
03The price has already moved
Listed at $172,900, now $158,000 — a $15K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ERA ADVANTAGE REALTY, INC. · Maddisen Alden. MLS #C7528485.
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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