tomo logo

$389,000

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

  • 67 days on market
    • Price drop $10,900↓
CAN BE PURCHASED FURNISHED & CLOSED IN TIME TO ENJOY THIS SEASON! 2 BED, 2 BATH, 1,355 SQ. FT., UPDATED VILLA, IMPACT-RESISTANT WINDOWS, ONE LEVEL WITH NO STEP DOWN TO LANAI, PET-FRIENDLY, OUTDOOR SHOWER, HEATED POOL, CLUBHOUSE, INTRACOASTAL COMMUNITY, CLOSE TO BEACH Baywood Colony Villas: Where Charm Meets Modern Coastal Living. This free-standing 2-bedroom, 2-bathroom villa offers 1,355 sq.ft. of bright, inviting space, complemented by an open floor plan designed for both relaxation and entertaining. Enhanced with modern updates, the home features a remodeled kitchen with soft-close cabinets, under-counter lighting, and upgraded appliances, as well as a stylishly updated master bathroom. The lanai serves as a tranquil, year-round retreat bathed in natural light, while the private courtyard includes paver walkways and an outdoor shower—ideal after a day at the beach or pool. Built for lasting comfort, this home includes impact-resistant hurricane windows for exceptional storm protection. A recently completed 4-point inspection underscores its excellent condition, while thoughtful drainage improvements ensure the property remains dry and secure. Having weathered past hurricanes without structural or storage damage, this home offers peace of mind and resilience. Baywood Colony Villas is a pet-friendly community nestled on the Intracoastal Waterway. Residents enjoy a serene lifestyle with amenities such as a heated pool, clubhouse, and a waterfront park for fishing, dolphin watching, and social gatherings. Located just steps from Phillippi Estate Park and minutes from Siesta Key Beach, this home embodies the best of coastal living. This bright and inviting villa combines modern updates, storm-ready resilience, and coastal charm—schedule your private showing today!

Details

Property type

Condominium

Est. home value

$427,804

Lot size

Unknown

Price per sq ft

$288

Year built

1973

Annual property taxes

$3,565.9

Monthly HOA fee

$1,044

Price History

02/11/2025
StellarMLS

StellarMLS #A4633494

Price change
$389,000
-2.73%
12/27/2024
StellarMLS

StellarMLS #A4633494

Listed
$399,900
+52.34%
08/19/2020
StellarMLS

StellarMLS #A4470144

Sold
$262,500

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

$147,433
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$210,447
Cash to seller
$147,433

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

$210,447

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?

Similar Homes Nearby

Price drop
StellarMLS
$339,999
2 bd
|
2 ba
|
1,155 sq ft
|
Condo

5891 Tidewood Ave Unit 1, Sarasota, FL 34231

Price drop
StellarMLS
$369,900
2 bd
|
2 ba
|
966 sq ft
|
Condo

6451 Elmwood Ave Unit H, Sarasota, FL 34231

StellarMLS
$425,000
2 bd
|
2 ba
|
1,712 sq ft
|
Condo

1718 Starling Dr Unit 104, Sarasota, FL 34231

Status: Active

Tomo last checked: 03/04/2025 at 7:20 AM

Listing updated: 03/02/2025 at 4:13 PM

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

MLS: StellarMLS #A4633494

StellarMLS logo

Recently listed in SARASOTA

$435,000|3 bd|2.0 ba|House
$2,300,000|4 bd|3.5 ba|House
$159,000|2 bd|2.0 ba|Manufactured
$655,000|3 bd|2.0 ba|House
$595,000|3 bd|2.0 ba|House
$2,000,000|4 bd|3.5 ba|House
$524,900|2 bd|2.0 ba|House
$2,195,000|3 bd|3.5 ba|House