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Price Reduced - Sarasota Investment Condo in Bella Villino, Palmer Ranch Investor-ready and priced to sell, this beautifully updated first-floor 2BR/2BA condo in the gated resort community of Bella Villino at Palmer Ranch offers proven rental income with a 20-year history and a 95% occupancy rate. Perfect for 1031 Exchange buyers, investors, snowbirds, or anyone seeking a turnkey Sarasota property with strong returns and low maintenance. The spacious floor plan includes two en-suite bedrooms with walk-in closets, granite countertops, a new refrigerator and garbage disposal, and a bright, open living area that flows to a private screened lanai overlooking a peaceful preserve. The property has remained high and dry with no hurricane damage, offering peace of mind for out-of-state or cash-flow buyers. Bella Villino provides an exceptional array of resort-style amenities, including a heated pool and spa, fitness center, indoor racquetball and basketball, tennis and pickleball courts, billiards, barbecue areas, clubhouse, business center, car care station, and on-site management. Located within the highly desirable Palmer Ranch community, the condo is just minutes from Siesta Key Beach, Legacy Trail, shopping, dining, golf, and the SRQ airport. It offers the perfect blend of steady income potential and Florida's relaxed coastal lifestyle. With inventory stabilizing and prices adjusting, now is the ideal time to secure a well-maintained Sarasota investment property or 1031 Exchange opportunity in one of the area's most sought-after communities.
| DAYS ON MARKET | 321 | LAST UPDATED | 12/2/2025 |
|---|---|---|---|
| TRACT | BELLA VILLINO III | YEAR BUILT | 1998 |
| COMMUNITY | 34238 - Sarasota/Sarasota Square | COUNTY | Sarasota |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Laurel Nokomis Elementary |
|---|---|
| Jr. High School | Laurel Nokomis Middle |
| High School | Venice Senior High |
| PRICE HISTORY | |
| Prior to Jul 22, '25 | $299,900 |
|---|---|
| Jul 22, '25 - Oct 29, '25 | $279,900 |
| Oct 29, '25 - Dec 2, '25 | $249,900 |
| Dec 2, '25 - Today | $248,900 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator |
| AREA | 34238 - Sarasota/Sarasota Square |
| CONSTRUCTION | Concrete |
| HEAT | Central, Electric |
| INTERIOR | Built-in Features, Crown Molding, High Ceilings, Open Floorplan, Walk-In Closet(s) |
| LOT | 0.99 acre(s) |
| POOL | Yes |
| POOL DESCRIPTION | In Ground |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | BELLA VILLINO III |
| TAXES | 2871 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Gina Kiger, WAGNER REALTY, 941-727-2800
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/8/25 1:05 PM PST.
This IDX solution is (c) Diverse Solutions 2025.