5257 MYRTLE WAY UNIT 29, SARASOTA, FL, 34235
Active137 days on marketListed Mar 25, 2026MLS #A4687062
About this home
5257 MYRTLE WAY UNIT 29
Welcome to 5257 Myrtle wood unit 29, a beautifully updated 2-bedroom, 2 bath condo with high ceilings and an open flowing floor plan in a serene setting. This unit includes a covered carport and relaxing private screened walk out porch, overlooking a tranquil pond. Spacious bedrooms, modern finishes, and peaceful views. Enjoy essentially a turnkey property with low maintenance and a focus on natural beauty and relaxing in a desirable private location. Enjoy amenities like a pool, 14 miles of scenic walking trails and still maintain a central location to the UTC area, world class shopping, entertainment and dining. This rare property is 6-8 miles (15-20 minutes) from Famous Lido Beach or Bird Key Park. Making this condo your perfect Florida retreat.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,239
Sqft
0.13 ac
Lot size
1981
Year built
One
Levels
$225
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,141 /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
$2,141/mo
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.
vs edgeAI estimate
+7.1%
$/sqft vs Sarasota actives
$225 vs $349
Days on market
137 vs 62 typical
Where $225/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.
The investor lens
Two ways this home pays
This home sits inside Spring Lake, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$3,700/mo median
Live Sarasota rental listing data — this home’s rate depends on size, condition and furnishing.
The Orlando short-term market
▼ Softening50%
Occupancy
▼ 25% yr/yr
$252
Avg nightly rate
▲ 17% yr/yr
$29K/yr
Revenue per listing
$125
RevPAR
53 days
Booking lead time
4.7 nights
Avg stay
4
Typical min nights
4,364
Active rentals
▲ 10% supply
Seasonality — monthly occupancy
Peaks at 57% in Feb · bottoms at 39% in Jun
Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Orlando — the projection above is specific to this home’s size.
Where it sits
Inside Spring Lake
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Spring Lake is a short-term-rental community. See the full guide →
SARASOTA 34235 — neighborhood snapshot
Population
15,114
Median age
57.6
Median income
$72,948
Median home value
$338,200
Avg household
2.12
Households w/ children
1,116
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)
162 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 24% above the SARASOTA 34235 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 5257 MYRTLE WAY UNIT 29
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$275,000
5327 MYRTLE WOOD UNIT 52 · same community
2 bd · 2 ba · 1,239 sqft · $222/sqft · 8 DOM
Sold · May ’26$339,000
1530 DEER HOLLOW BOULEVARD
3 bd · 2 ba · 1,239 sqft · $274/sqft · 1 DOM
Sold · Sep ’25$125,000
2221 MEADOWLAKE COURT
2 bd · 2 ba · 1,230 sqft · $102/sqft · 13 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
Frantreshia Miller
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5257 MYRTLE WAY UNIT 29 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5257 MYRTLE WAY UNIT 29 — 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
5257 MYRTLE WAY UNIT 29 FAQs
What would the monthly payment be for 5257 MYRTLE WAY UNIT 29?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,141/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 5257 MYRTLE WAY UNIT 29?+
The most recent tax bill on record (2025) was $2,584. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 5257 MYRTLE WAY UNIT 29 be rented short-term?+
Yes — this home sits inside Spring Lake, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 5257 MYRTLE WAY UNIT 29?+
The listing reports pets: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit. 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 $279,000, this home is listed about 50% below the Sarasota median of $561,785. The market section on this page shows how the area is trending.
Which schools are assigned to 5257 MYRTLE WAY UNIT 29?+
Gocio Elementary School (elementary), Booker Middle School (middle), Booker High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$279,000 runs 24% above the SARASOTA 34235 median.
02Zoned for nightly rentals
Spring Lake is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
04Time on market is leverage
137 days on market against a Sarasota median of 62 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $298,500, now $279,000 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of DALTON WADE INC · Cg Wolynski. MLS #A4687062.
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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