4533 Cinnamon Dr #2707, photo 1
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Overview

2 bd2 ba1,638 sqft1 car garageCondominium
TypeCondominium
HOANone listed
Built2004
Lot318,490 sqft
Living area1,638 sqft
Price / sqft$201
Garage1 car

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About this home

Built-in FeaturesCeiling Fans(s)Eat-in KitchenKitchen/Family Room ComboOpen FloorplanPrimary Bedroom Main FloorSplit BedroomTray Ceiling(s)

4533 Cinnamon Dr #2707 is a 2004-built home in Arielle On Palmer Ranch Sec 1, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,638 square feet of living space. Listed at $329,999 (about $201/sqft), 227 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Welcome to beautiful Palmer Ranch and the highly sought-after Arielle community! This spacious 2-bedroom, 2-bath condo offers the perfect blend of comfort, convenience, and resort-style living — all on one floor with no stairs. The bright, open-concept floor plan features tile flooring throughout the main living areas and carpeted bedrooms and den, abundant natural light, and a well-appointed kitchen with a brand-new dishwasher (2025). Recent upgrades include a brand-new A/C system installed in March 2025, providing peace of mind and energy efficiency. Both kitchen and dining room have tray ceilings. Step out onto your private screened lanai overlooking the community center and heated pool, offering a premium location just steps from the pool, spa, and grilling areas — perfect for relaxing mornings and peaceful evenings. Enjoy lush tropical landscaping, scenic walking trails, views of the pond, and resort-style amenities. Ideally located near the Legacy Trail, UTC, Costco, YMCA, Siesta Key beaches, shopping, dining, and I-75. No CDD and not in a flood zone. Schedule your private showing today!

The essentials

Built
2004
Price / sqft
$201
On market
227 days
Annual tax
$2,681
Flood zone
X · Low risk
Lot
318,490 sqft
Type
Condominium

At a glance

Condo
Built 2004
Water views
Pool
Community pool
Shared amenity
1 car garage
1,638 sqft
Living area

Payment

Est. monthly payment
$2,109/mo
Down payment (20%)
$66,000
Property taxes
$223/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
2004
Lot
318,490 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Days on Market
227
Built-in Features
Ceiling Fans(s)
Eat-in Kitchen
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
Split Bedroom
Tray Ceiling(s)
Hurricane Shutters
Buyer Approval Required
Deed Restrictions
Gated Community - No Guard
Pool
Sidewalks
Street Lights
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Elementary
Gulf Gate Elementary
Middle
Sarasota Middle
High
Riverview High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone x
Annual Tax (2025)
$2,681
Parcel #
0115043607

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Arielle On Palmer Ranch Sec 1
County
Sarasota
MLS Area
34238 - Sarasota/Sarasota Square
Lot Size
318,490 sqft
LandscapedLevel

Price history

Date
Event
Price
8/25/2026
Price change
Source: Stellar MLS #A4683875
$329,999-5.7%
$201/sqft
-
Price change
Source: Stellar MLS #A4683875
$349,900-10.1%
$214/sqft
2/26/2026
Listed for sale
Source: Stellar MLS #A4683875
$389,000
$237/sqft

Neighborhood

4533 Cinnamon Dr #2707
Sarasota, FL, 34238 · 34238 - Sarasota/Sarasota Square

Market insights

Offer Insights

Choose an offer strength

List price: $329,999
$322,500 – $329,999
97.7% – 100% of listTops out right at the list price
80% of listList price
50 of the last 98 condo closings in 34238 landed at this number or higher (51%). The median one sat 61 days before it went under contract, and this one is on day 227 after a $59,001 cut.

Sample: 98 closed condo sales in 34238 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,110/mo
Principal & interest$1,721
Property taxes$223
Insurance$165
Down payment20% · $66,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. 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

$329,999

$201 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,638 sq ft

Time on market

227 days

Year built

2004

Monthly payment

About $2,109/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,681 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

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Brokered byPREFERRED SHORE LLCListing agent: Jeffrey RealiListing data from Stellar MLS, MLS# A4683875.

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