Overview
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About this home
331 Amherst Ave #56 is a 1972-built home in Fairway Oaks, Sarasota. Inside you'll find 4 bedrooms, 3 bathrooms, and 1,368 square feet of living space. Listed at $200,000 (about $146/sqft), 325 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $499 monthly.
Beautifully updated 4-bedroom, 3-bathroom condo offering spacious living and modern finishes throughout. This large end-unit features a fully renovated kitchen (2023) with upgraded cabinetry, countertops, and newer appliances, along with updated bathrooms (2023) and newer flooring. A new HVAC (2023) and new upstairs windows (2025) provide peace of mind, comfort, and energy efficiency. The layout includes an in-unit washer and dryer conveniently located in the kitchen, two assigned parking spaces, and generous storage options. With four full bedrooms, this home offers outstanding flexibility for families, multigenerational living, or investors seeking strong rental potential. Located in central Sarasota with easy access to shopping, dining, downtown, beaches, and major roadways, this property offers exceptional value and convenience. A fantastic opportunity to own a move-in-ready residence or a highyield investment property.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Sample: 20 closed condo sales in 34232 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$200,000
$146 per sq ft
Beds and baths
4 beds, 3 baths
Size
1,368 sq ft
Time on market
325 days
Year built
1972
Monthly payment
About $1,829/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,248 annual tax bill, insurance, and the $499/mo HOA fee.
HOA fee
$499/mo
Managed by Lisa.
Flood zone
Zone X500
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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