Residential Property - Condominium in Sarasota

Listing Price: $249,900Days on Market: 278

Description of Property

Price Reduced – Sarasota Investment Condo in Bella Villino, Palmer Ranch Investor-ready and priced to sell, this beautifully updated first-floor 2BR/2BA condo in the gated resort community of Bella Villino at Palmer Ranch offers proven rental income with a 20-year history and a 95% occupancy rate. Perfect for 1031 Exchange buyers, investors, snowbirds, or anyone seeking a turnkey Sarasota property with strong returns and low maintenance. The spacious floor plan includes two en-suite bedrooms with walk-in closets, granite countertops, a new refrigerator and garbage disposal, and a bright, open living area that flows to a private screened lanai overlooking a peaceful preserve. The property has remained high and dry with no hurricane damage, offering peace of mind for out-of-state or cash-flow buyers. Bella Villino provides an exceptional array of resort-style amenities, including a heated pool and spa, fitness center, indoor racquetball and basketball, tennis and pickleball courts, billiards, barbecue areas, clubhouse, business center, car care station, and on-site management. Located within the highly desirable Palmer Ranch community, the condo is just minutes from Siesta Key Beach, Legacy Trail, shopping, dining, golf, and the SRQ airport. It offers the perfect blend of steady income potential and Florida’s relaxed coastal lifestyle. With inventory stabilizing and prices adjusting, now is the ideal time to secure a well-maintained Sarasota investment property or 1031 Exchange opportunity in one of the area’s most sought-after communities.The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $351,980. This condominium is listed at about 71% of the average asking price. There are 24 2 bedroom/2 bath homes between $200,000 and $300,000 currently listed for sale in this Zip code. See other listings like this one »