tomo logo

$372,250

Beds
2
Baths
2.0
sq ft
1,355

5856 Driftwood Pl Unit 40, Sarasota, FL 34231

5856 Driftwood Pl Unit 40

SARASOTA, FL 34231

  • 98 days on market
    • Price drop $5,750↓
This RARELY AVAILABLE WEST OF THE TRAIL Free-standing 2-Bedroom, 2-Bath VILLA offers a SPACIOUS 1,355 Sq. Ft. layout, perfectly designed for both relaxation and entertaining. The open floor plan creates a welcoming atmosphere, elevated by custom enhancements—from the stylishly remodeled master bath to crown molding in the living and kitchen areas, plantation shutters and custom shades, and porcelain tile flooring throughout. High-end features include soft-close and pull-out cabinetry, under-counter lighting, and upgraded appliances. The enclosed, raised lanai provides a seamless transition to the living space, serving as a serene, sunlit retreat year-round. Outside, the private, enclosed courtyard with paver walkways and an outdoor shower is perfect for unwinding after a day at the beach or pool. Built for lasting comfort and security, this villa boasts impact-resistant hurricane windows for superior storm protection. A recent 4-point inspection confirms its excellent condition, while drainage improvements ensure the property remains dry and secure. Having withstood past hurricanes, including 2024, WITHOUT STRUCTURAL OR WATER DAMAGE, this home provides unmatched peace of mind! Recent updates include a brand-new A/C (2024) and recently relined and replumbed pipes for lasting comfort. Located in Baywood Colony Villas, a pet-friendly community along the Intracoastal Waterway, residents enjoy a heated pool, clubhouse, and a waterfront park—perfect for fishing, dolphin-watching, and social gatherings. Just steps from Phiilippi Estate Park and minutes from Siesta Key Beach, this villa offers the best in coastal living. SELLERS WILL PAY ASSESSMENTS! Furniture is negotiable, and the home is move-in ready! Don’t miss this rare opportunity—schedule your private showing today!

Details

Property type

Condominium

Est. home value

$427,804

Lot size

Unknown

Price per sq ft

$275

Year built

1973

Annual property taxes

$3,565.9

Monthly HOA fee

$1,045

Price History

04/02/2025
StellarMLS

StellarMLS #A4633494

Price change
$372,250
-1.52%
03/18/2025
StellarMLS

StellarMLS #A4633494

Price change
$378,000
-2.83%
02/11/2025
StellarMLS

StellarMLS #A4633494

Price change
$389,000
-2.73%

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview High

Community features: 

Clubhouse, Park, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$132,477
Asking price
$372,250
Closing costs (~8% of asking)
-$29,780
Est. remaining loan balance
-$209,993
Cash to seller
$132,477

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

August 2020

Original loan amount

$233,325

Est. remaining balance

$209,993

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Jill Williams and Jerrod W Williams

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/03/2025 at 10:40 PM

Listing updated: 04/02/2025 at 4:01 PM

Listed by: Cathy Rustin, FIRST LIGHT REAL ESTATE Phone #: (941) 650-2256

MLS: StellarMLS #A4633494

StellarMLS logo

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