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    Spacious Furnished Sarasota Grande Oaks Residence Title is generated by Realmo AI

    5306 MANORWOOD DRIVE 2A, Sarasota, FL 34235

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    For Sale
    $539,800

    Turnkey, three-bedroom residence in a gated Sarasota community.

    Type:Condo/Townhome
    Property size:
    2,392 SF
    Price / SF:
    $225/SF
    Added:
    Mar 23, 2026
    Days on Market:
    56
    Last Refresh:
    Apr 5 at 11:50 pm

    Property Features for 5306 MANORWOOD DRIVE 2A

    General Information

    Standard status
    Active
    Size
    2,392 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    2007

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    Listing Contact
    Kathleen Long

    Listing agent Kathleen Long License #3185706

    Listing office CENTURY 21 BEGGINS ENTERPRISES

    Listing date Mar 23, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 BEGGINS ENTERPRISES

    HighLights

    • Fully Furnished, Turnkey Ready End Unit in Gated Sarasota Grande Oaks Preserve.
    • Upgraded with Hurricane Impact Windows & Sliders (2023) enclosing Florida room with preserve views.
    • Chef's Kitchen: Cherry Cabinets, Granite, Stainless Appliances with Extended Warranties.
    • Enjoy Community Amenities: Tennis/Pickleball Courts, Clubhouse, Heated Pool/Spas, Fitness Room.
    • HVAC (2021) with Air Scrubber/UV Lighting, Water Heater (2021) with Warranties.
    • Convenient Location: Walk to UTC District, Benderson Park, Mote Aquarium; Short Drive to Shopping & I‑75.

    Overview

    This spacious, fully furnished end unit is located in the gated Sarasota Grande Oaks Preserve community. The residence features three bedrooms and three bathrooms within an open floor plan. Upgrades include windows and sliders replaced in 2023 with E Glass Hurricane Impact models, complemented by plantation shutters. A fully enclosed Florida room, adding approximately 300 square feet, features hurricane impact E Glass sliders and views of the preserve. The kitchen includes a large walk-in pantry, solid cherry wood cabinetry with under-mount LED lighting, slide-out shelving, granite countertops, a built-in desk, an eat-in area, a breakfast bar, and Frigidaire Gallery stainless steel appliances. LED lighting is installed throughout the home, along with multiple USB charging outlets and ceiling fans with lighting. The split bedroom layout includes a primary bedroom suite with a walk-in closet and an adjoining bath with a shower, jetted tub, and dual vanities with slide-out shelving. Additional features include tray ceilings, crown molding, modern lighting fixtures, and an interior laundry room with a Maytag washer and dryer, laundry sink, and storage cabinets. The property includes two side-by-side parking spaces and a climate-controlled storage locker. Community amenities include tennis and pickleball courts, a clubhouse with a club room, catering kitchen, bar, conference room, fitness room, expansive heated pool and deck, and two heated spas. The building exteriors were repainted in 2023. The property is located near the UTC District & Mall, Benderson Park, the upcoming Mote Aquarium, and Whole Foods.

    Financial Insights

    Value Estimation Calculated for Apartment 5plus

    Conservative
    $321.6K
    NOI $28,943 @ 9.00% cap · cautious / downside scenario
    Moderate
    $413.5K
    NOI $28,943 @ 7.00% cap · market / base-case scenario
    Aggressive
    $578.9K
    NOI $28,943 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Apartment 5plus

    Component $ $/SF
    Gross rent $55.7k $23.28
    − Vacancy −$3.1k −$1.28
    EGI $52.6k $22.00
    − OpEx −$23.7k −$9.90
    NOI $28.9k $12.10
    2,392 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%

    Alternative Use Scenarios

    Best Use
    Apartment 5plus
    $413.5K
    $361.8K – $482.4K (±1% cap)
    NOI $28,943 @ 7.0% cap · market cap 5.36%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $703.4K
    $615.5K – $820.7K (±1% cap)
    NOI $49,239 @ 7.0% cap · market cap 9.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.4677898
    Latitude
    27.3793823

    FAQs

    What type of property is this?
    Residential income property - Turnkey, three-bedroom residence in a gated Sarasota community.
    Where is this residential income property located?
    The property is located at 5306 MANORWOOD DRIVE 2A Sarasota, FL.
    What is the asking price?
    The asking price for this property is $539,800.
    What are key features of this property?
    This property features: Fully Furnished, Turnkey Ready End Unit in Gated Sarasota Grande Oaks Preserve.; Upgraded with Hurricane Impact Windows & Sliders (2023) enclosing Florida room with preserve views.; Chef's Kitchen: Cherry Cabinets, Granite, Stainless Appliances with Extended Warranties.
    More about this property
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