5340 Royal Palm Ave

Off Market

5340 Royal Palm Ave

Sarasota FL 34234

1130 sq. ft.

195904 sq. ft.

Condo

Last sold for $185,000

Daniela Madrid-Bermejo, last sold this property on 11 May 2026 after 47 days on market.

Overview

Welcome to this fully renovated 2 bedroom, 2 bathroom condominium ideally located off of University Parkway. This move-in ready home features a bright, open layout with modern finishes throughout, including new tile flooring, a fully renovated kitchen with sleek cabinetry, quartz countertops, and brand-new stainless steel appliances. The spacious living area flows seamlessly to a screened-in lanai, creating the perfect space to unwind or entertain while enjoying peaceful outdoor views. It is conveniently located just 18 minutes from University Town Center and Lido Key Beach offering easy access to premier shopping, dining, and Sarasota’s beautiful Gulf Coast.

Features

2 bedrooms

2 bathrooms

1130 sq. ft. floor area

195904 sq. ft. lot size

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Sarasota over the last 12 months, the estimated median property value of 5340 Royal Palm Ave is $175k.

Median value

$175k

Estimated value range

$100k - $219k

Median days on market

Estimated value trend

-15%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5340 Royal Palm Ave

2026

Sold

$185,000

11 May 2026 by Daniela Madrid-Bermejo, of DALTON WADE INC

2017

Sold

$112,000

06 Oct 2017 by Doris Edwards, of A & D EDWARDS AMERICAN DREAM

Happy sellers in Sarasota

94%

94% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Sarasota over the last 12 months.

Local market activity for 2 bedroom condos in Sarasota

In the last 12 months, 16 two-bedroom condos similar to 5340 Royal Palm Ave, have been sold.

This represents a 30% increase in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Sarasota for a market analysis.

Bruce Myer

at Coldwell Banker Realty - Longboat Key

(46 reviews)

Get a market analysis

Charlotte Clark

at Medway Realty

(10 reviews)

Get a market analysis

Savannah Sheppard

at SELLSTATE VISION REALTY

(64 reviews)

Get a market analysis

Gary Edelen - Opening Doors Since 1978

at EDELEN COMPANY INC

(22 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sarasota

Bruce Myer

Sellers who recommend Bruce Myer have praised them for being local expert, well-prepared, and responsive

5 (46 reviews)
2 Reviews in Sarasota
2 Sales in Sarasota

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Charlotte Clark

Charlotte Clark is a recommended agent for Sarasota. They have 2 local sales and collected 1 local review across the last 12 months.

5 (10 reviews)
1 Review in Sarasota
2 Sales in Sarasota

View profile

Savannah Sheppard

Savannah Sheppard is a recommended agent for Sarasota. They have 1 local sale and collected 1 local review across the last 12 months.

5 (64 reviews)
1 Review in Sarasota
1 Sale in Sarasota

View profile

Gary Edelen - Opening Doors Since 1978

Sellers who recommend Gary Edelen - Opening Doors Since 1978 have praised them for being local expert, reliable, supportive, responsive, and detail-oriented