CENTURY 21 Edge
$429,000$515,0002 bd2 ba1,693 sqft$253 /sqft$3,775 /mo all-in ↓

5546 MODENA PLACE, SARASOTA, FL, 34238

Active201 days on marketListed Jan 15, 2026MLS #A4677319

Priced 25% below the Sarasota medianReduced $86KWaterfrontVillaVILLAGEWALK UNIT 2A

About this home

5546 MODENA PLACE

MAJOR PRICE REDUCTION! Recent price improvement positions this tastefully updated home competitively with less-updated recent sales in the community. The seller has authorized a substantial price adjustment and is considering alternative plans for the property should it not sell. Live the Florida lifestyle in this tastefully RENOVATED two-bedroom, two-bath villa in Sarasota’s sought-after Village Walk community. This home has the OPTIONAL EXTENDED LIVING ROOM with a larger open living area. Much more desirable in contrast to the smaller standard size offered in this model according to long time residents. the vaulted ceilings and an open layout highlight the RENOVATED KITCHEN APPLIANCES and CERAMIC PLANK-STYLE FLOORING throughout the main living areas. Both bedrooms feature en-suite baths and WALK-IN CLOSETS. The BATHROOMS HAVE BEEN UPDATED, The primary bathroom has ALL-NEW CERAMIC TILE, COUNTERTOPS, CABINETRY, SINKS, SHOWER AND FIXTURES, while plush carpeting adds comfort to both bedrooms. Enjoy peaceful lake views from the EXPANDED AND RENOVATED LANAI, featuring PAVER FLOORING, A LARGE SCREENED ENCLOSURE, AND A REMOTE-CONTROL POWER CANOPY FOR ADDED SHADE—perfect for year-round outdoor living. Additional highlights include an interior utility room and a TWO-CAR GARAGE WITH A DURABLE, STAIN-RESISTANT FLOOR FINISH. Village Walk has a very active gated community with an event planning staff and offers high-end, resort-style amenities including extra large pools, modern complete fitness center, multiple tennis and pickleball courts, scenic walking paths, and on-site conveniences, stores, restaurants, a tiki hut bar and gas station. Ideally located in Palmer Ranch, just minutes from shopping, dining, the Legacy Trail, and Siesta Key beaches.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,693

Sqft

0.12 ac

Lot size

2

Garage

2003

Year built

One

Levels

$253

Per sqft

WaterfrontWater viewPets allowed

Inside

FlooringCarpet · Ceramic Tile
AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Refrigerator
InteriorCeiling Fan(s) · Central Vacuum
LaundryLaundry Room
CoolingCentral Air
HeatingElectric

Outside & construction

RoofTile
ConstructionBlock · Other
FoundationSlab
ViewWater
FacesNorth
ExteriorHurricane Shutters · Sliding Doors

Community & fees

HOA fee$490/mo
Taxes (2025)$4,920/yr
PetsCats OK, Dogs OK, Yes
CommunityDeed Restrictions · Fitness Center · Pool · Tennis Court(s)

Utilities & systems

UtilitiesCable Available · Electricity Connected · Sewer Connected · Street Lights · Underground Utilities · Water Connected
WaterPublic

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.

$3,775 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,525
FHA mortgage insurance (est.)$190
Property tax — 2025 actual bill$410
HOA fee — from the listing$490
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $15,015Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $15,015
Interest rate6.00%
Loan term

Estimated payment

$3,775/mo

Principal & interest$2,525
FHA mortgage insurance (est.)$190
Property taxes (actual bill)$410
HOA / condo fee$490
Est. insurance$160

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.

List $429K
$412KedgeAI estimate $435,408 · range $430K$449K$466K

vs edgeAI estimate

−1.5%

$/sqft vs Sarasota actives

$253 vs $343

Days on market

201 vs 62 typical

Where $253/sqft sits among the 400 Sarasota actives

225 · this home
58
35
35
18
29
$158–382$382–605$605–828$828–1052$1052–1275$1275+

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 Sarasota

Map of 5546 MODENA PLACE

Drive times from this address

Downtown Tampa66 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.6 months of inventoryBuyer’s market

$475K$495K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

153 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 25% below the Sarasota median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $429,000 $86K
Jan 15, 2026Listed at $515,000 · 201 days on market since
2003Built · VILLAGEWALK UNIT 2A

Reality check

What actually sold near 5546 MODENA PLACE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

8833 ETERA DRIVESold · Mar ’26

$421,000

8833 ETERA DRIVE

2 bd · 2 ba · 1,693 sqft · $249/sqft · 39 DOM

5952 SNOWY EGRET DRIVESold · Mar ’26

$502,500

5952 SNOWY EGRET DRIVE

2 bd · 2 ba · 1,675 sqft · $300/sqft · 311 DOM

5934 CASPIAN TERN DRIVESold · Feb ’26

$530,000

5934 CASPIAN TERN DRIVE

2 bd · 2 ba · 1,675 sqft · $316/sqft · 31 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.

Frantreshia Miller

Your agent

Frantreshia Miller

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 5546 MODENA PLACE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5546 MODENA PLACE — before you fall in love.

See it in person

Schedule a tour

Live availability from Frantreshia's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

5546 MODENA PLACE FAQs

What would the monthly payment be for 5546 MODENA PLACE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,775/mo — principal and interest, the actual property-tax bill, the $490/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 5546 MODENA PLACE?+

The association fee works out to $490 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 5546 MODENA PLACE?+

The most recent tax bill on record (2025) was $4,920. 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 5546 MODENA PLACE?+

The listing reports pets: Cats OK, Dogs OK, Yes. 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 $429,000, this home is listed about 25% below the Sarasota median of $574,900. The market section on this page shows how the area is trending.

The brief

Four things that matter here

01Under the Sarasota market on paper

$429,000 is 25% below the Sarasota median of $574,900, and at $253/sqft it sits under the Sarasota average of $498.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

201 days on market against a Sarasota median of 62 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $515,000, now $429,000 — a $86K cut. The full history is in the market section below.

Listing courtesy of KELLER WILLIAMS ON THE WATER S · Dan Lussier. MLS #A4677319.

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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