4138 Central Sarasota Pkwy #1516, photo 1
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Overview

1 bd1 ba661 sqftCondominium
TypeCondominium
HOA$799/mo
Built1998
Living area661 sqft
Price / sqft$204

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Crown MoldingHigh CeilingsKitchen/Family Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersWindow Treatments

4138 Central Sarasota Pkwy #1516 is a 1998-built home in Bella Villino IV, Sarasota. Inside you'll find 1 bedrooms, 1 bathrooms, and 661 square feet of living space. Listed at $134,900 (about $204/sqft), 67 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $799 monthly.

From the listing

Welcome to effortless Florida living in sought-after Palmer Ranch! This beautifully updated first-floor residence offers the perfect blend of comfort, style, and convenience. High ceilings and an abundance of natural light create a bright, open atmosphere, while tasteful decorative trim adds a custom touch throughout. The well-appointed kitchen features stainless steel appliances, and the easy-care tile flooring extends throughout. The spacious primary suite is designed for comfort with two separate closets, an ensuite bath featuring a granite-topped vanity, and a beautifully tiled walk-in shower. Enjoy peace of mind with hurricane-impact windows and sliding glass doors, complemented by a custom shade on the slider. Step outside to your private screened lanai, where tranquil lake views provide the perfect backdrop for morning coffee or evening relaxation. Located within a gated, pet-friendly community, residents enjoy resort-style amenities including a clubhouse, heated pool and spa, fitness center, tennis and pickleball courts, and beautifully maintained grounds. Whether you're searching for a carefree year-round residence, a seasonal snowbird retreat, or the perfect pied-à-terre, this home checks every box. Ideally situated in desirable Palmer Ranch, you'll be just minutes from shopping, restaurants, the Legacy Trail, Siesta Key, Nokomis Beach, and have convenient access to all Sarasota and Venice offers. Experience the best of Florida's Gulf Coast lifestyle in a location you'll love to call home.

The essentials

Built
1998
Price / sqft
$204
On market
67 days
Annual tax
$2,044
HOA
$799/mo
Flood zone
X · Low risk
Type
Condominium

At a glance

Condo
3 stories · 1998
Water views
Water
Community pool
Fitness center too
Assigned parking
661 sqft
Living area

Payment

Est. monthly payment
$1,741/mo
Down payment (20%)
$26,980
Property taxes
$170/mo
HOA
$799/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1998
Lot
-
Cooling
Central Air
Heating
Central, Electric
Parking
Assigned, Covered, Deeded, Ground Level, Guest, Reserved
Days on Market
67
Ceiling Fans(s)
Crown Molding
High Ceilings
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Window Treatments
Sliding Doors
Clubhouse
Community Mailbox
Fitness Center
Gated Community - No Guard
Irrigation-reclaimed Water
Pool
Tennis Court(s)
Dishwasher
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Elementary
Laurel Nokomis Elementary
Middle
Sarasota Middle
High
Venice Senior High

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

Flood Zone X
Annual Tax (2025)
$2,044
Parcel #
0132013338

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
Bella Villino IV
County
Sarasota
MLS Area
34238 - Sarasota/Sarasota Square
Lot Size
-
In CountyPaved
HOA
$799/mo
Pinnacle CAM / Nicole Byrnes

Price history

Date
Event
Price
8/6/2026
Listed for sale
Source: Stellar MLS #A4702303
$134,900
$204/sqft

Neighborhood

4138 Central Sarasota Pkwy #1516
Sarasota, FL, 34238 · 34238 - Sarasota/Sarasota Square

Market insights

Offer Insights

Choose an offer strength

List price: $134,900
$132,000 – $134,900
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 67.

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
$1,740/mo
Principal & interest$704
Property taxes$170
Insurance$67
HOA$799
Down payment20% · $26,980
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%. 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

$134,900

$204 per sq ft

Beds and baths

1 beds, 1 baths

Size

661 sq ft

Time on market

67 days

Year built

1998

Monthly payment

About $1,741/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,044 annual tax bill, insurance, and the $799/mo HOA fee.

HOA fee

$799/mo

Managed by Pinnacle CAM / Nicole Byrnes.

Flood zone

Zone X

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

Offer

What should I offer?

Have another question?

Brokered byCOMPASS FLORIDA LLCListing agent: Cheri DeSarnoListing data from Stellar MLS, MLS# A4702303.

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