
5301 MAHOGANY RUN AVENUE UNIT 1023, SARASOTA, FL, 34241
Active1515 days on marketListed Jun 23, 2022MLS #A4539950
About this home
5301 MAHOGANY RUN AVENUE UNIT 1023
Welcome to Tranquil Waters! This breathtaking second-floor 2-bedroom, 2-bathroom lakefront condo is located in the highly established Heritage Oaks Golf and Country Club. Nuzzled in nature, this tropical lakefront condo is the perfect location for you and your family to make memories that will last a lifetime! Heritage Oaks Golf and Country Club have resort-style amenities galore! The 18,000-square-foot Clubhouse is genuinely the social center of the Club. It's a gathering place for the best of times to be enjoyed with neighbors, friends, and family. There is a state-of-the-art fitness center with a community pool and spa. Check out the 19th Hole grille for a more formal dining experience. The community is filled with 25 lakes! This condo has a private staircase leading up to the condo. There is also a set of chairs on the front patio. Upon entering the condo, you will find a light and airy atmosphere. You have unobstructed views of the gorgeous lake from the living room and the kitchen. The living room has two plush couches, two adjoining day chairs, and a Smart TV. The patio offers a true escape, with fantastic lake views with outdoor seating for four. The formal dining room has a gorgeous chandelier and can accommodate up to six comfortably. Adjacent is the kitchen which has stainless steel appliances and beautiful granite countertops. The informal dining room is the perfect spot for breakfast, with views of the lakes in every direction. The table can accommodate up to four. The primary bedroom has two full-size beds, cable TV, and plenty of dresser space. Attached is the primary bathroom, which has a large vanity with a giant walk-in shower. The second bedroom has a full-size bed and a twin-size bed with plenty of closet space. The second bathroom has a shower/tub combo. Take some time and make sure to stop by Tee Side Patio Café for food located just minutes from the condo, this little gem of a restaurant is the perfect pit stop for quick lunch. This condo boasts unobstructed views of the lake and is the perfect vacation home for you and your family to truly adventure! House Rule: No smoking. No burning candles inside of lodging. No parties. Sorry, no pets, no exception per HOA. Heritage Oaks Golf and Country Club has a mandatory registration membership transfer fee of 200.00 (November through April) or $50 (May through October), and $300 for any bookings 2+ months. All reservation made prior to June 15, 2021 will need to pay this membership fee directly to Heritage Oaks. Reservations made after June 15, 2021 will include the membership fee in the reservations grand total. Upon arrival, Heritage Oaks will set up a reserve with you of $500 (charged to your credit card and paid directly to Heritage Oaks) for you to utilize all the amenities of Heritage Oaks. **Taxes and fees not included.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,324
Sqft
1324 ac
Lot size
1999
Year built
One
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$181 /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
$181/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.
$/sqft vs Sarasota actives
$2 vs $349
Days on market
1515 vs 63 typical
Where $2/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 Heritage Oaks Golf And Country Club
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Heritage Oaks Golf And Country Club — neighborhood snapshot
Population
2,840
Median age
59
Median income
$124,771
Median home value
$489,500
Avg household
2
Households w/ children
274
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 100% below the SARASOTA 34241 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 5301 MAHOGANY RUN AVENUE UNIT 1023
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$250,000
5310 HYLAND HILLS AVENUE UNIT 2114
2 bd · 2 ba · 1,324 sqft · $189/sqft · 0 DOM
Sold · Sep ’25$200,000
5330 HYLAND HILLS AVENUE UNIT 2314
2 bd · 2 ba · 1,324 sqft · $151/sqft · 2 DOM
Sold · Mar ’26$245,000
5250 HYLAND HILLS AVENUE UNIT 1525
2 bd · 2 ba · 1,433 sqft · $171/sqft · 121 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
Krystina Allen
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5301 MAHOGANY RUN AVENUE UNIT 1023 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5301 MAHOGANY RUN AVENUE UNIT 1023 — before you fall in love.
See it in person
Schedule a tour
Live availability from Krystina's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5301 MAHOGANY RUN AVENUE UNIT 1023 FAQs
What would the monthly payment be for 5301 MAHOGANY RUN AVENUE UNIT 1023?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $181/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 5301 MAHOGANY RUN AVENUE UNIT 1023?+
The listing reports pets: No. 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 $2,871, this home is listed about 99% below the Sarasota median of $554,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5301 MAHOGANY RUN AVENUE UNIT 1023?+
Lakeview Elementary School (elementary), Sarasota Middle School (middle), Riverview High School (high) — 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 34241 market on paper
$2,871 is 100% below the SARASOTA 34241 median of $599,095, and at $2/sqft it sits under the Sarasota average of $493.
02Time on market is leverage
1515 days on market against a Sarasota median of 63 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Lakeview Elementary School, Sarasota Middle School, Riverview High School — Lakeview Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of GULF COAST REALTY & MANAGEMENT · Andy Moore. MLS #A4539950.
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.
Never miss a listing
New Sarasota homes, in your inbox
Like 5301 MAHOGANY RUN AVENUE UNIT 1023 but not quite? A daily digest of every new listing in Sarasota — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Krystina to ping you on any price or status change →


