Steeve Cadeau
$575,000$650,0002 bd2 ba1,259 sqft$457 /sqft$5,438 /mo all-in ↓

5600 BEACH WAY DRIVE UNIT 201, SARASOTA, FL, 34242

Active429 days on marketListed Jun 3, 2025MLS #A4654536

Reduced $75KFully furnishedCondominiumBEACHWAY APTS

About this home

5600 BEACH WAY DRIVE UNIT 201

SELLER SAYS BRING ALL OFFERS! MAJOR PRICE IMPROVEMENT!! Reduced over 75k! Have you ever wondered what it's like to own a Siesta Key sunset? Throw on your swimsuit, grab a towel and take a short stroll across the street, because here at Beach Way, you can't get much closer! Embrace your very own next-level Florida lifestyle with this exceptional opportunity. This second floor 2-bedroom, 2-bathroom condo is ideally situated and directly across the street from the world-renowned Siesta Key Beach, continuously celebrated for its powdery soft, white quartz sands and clear waters. This property is being offered fully furnished and is move in ready, presenting a unique chance to personalize your very own dream retreat whether as a permanent residence or a vacation getaway. This unit beams with natural light throughout, showcasing its rare beauty. With a minimum lease period of one month, up to twelve times a year, it also offers potential for rental income. Rental Proforma attached. As you enter the front doors to this beach oasis, prepare to be impressed by an open-concept kitchen that seamlessly flows into the living and dining areas, extending out to a private screened-in lanai where you can take in partial glimpses of the Gulf, creating a perfect setting for relaxation and entertaining. Need a little space? Both bedrooms feature walk-in closets, providing ample storage and comfort. In addition, the unit overlooks the community's heated pool which is maintained at 85 degrees year-round. This well-maintained community was built in 1970, offering a host of amenities designed for convenience and leisure. Residents have access to a community room with a full kitchen for social gatherings, picnic and grilling areas, elevators, laundry facilities on each floor, and a personal storage unit. In addition, your deeded carport is located just steps from your front door, ensuring ease of access. Recent updates to building include a new roof in 2020, an updated elevator installed in 2019, re-plumbed stacks completed in 2018, the addition of new vinyl fencing in 2021. The quarterly condo association fee covers access to all the amenities, pest control, basic cable, water/sewer services, grounds maintenance, weekend on-site maintenance, and community insurance. Living on Siesta Key means more than just proximity to the beach; it's about embracing a lifestyle where every day feels like a vacation. Start your mornings with a peaceful walk along the shoreline, enjoy paddleboarding in the calm Gulf waters, or partake in beach yoga sessions at sunrise and drum circle Sundays. The island's laid-back atmosphere is complemented by its vibrant community, offering a mix of friendly full-time residents and seasonal visitors. Ready to venture out for some more fun? Siesta Key Village, just a short distance away, is the heart of the island's social scene. Here, you'll find an array of casual bars, eateries, and boutiques, perfect for evening outings or weekend brunches. The community's eclectic vibe ensures there's always something happening, from local festivals to live music events. Other close by attractions include the Ringling Bridge, Downtown Sarasota and St. Armands, close proximity to top rated schools and hospitals, SRQ Airport and University Town Center. Don't let another Season pass you by from owning your own slice of paradise in the sand. Schedule your showing today.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,259

Sqft

1970

Year built

One

Levels

$457

Per sqft

Pool & Water viewFurnished

Inside

FlooringCarpet · Tile
AppliancesCooktop · Dishwasher · Disposal · Freezer · Ice Maker · Microwave · Range · Refrigerator
InteriorCentral Vacuum · Eating Space In Kitchen · Living Room/Dining Room Combo · Open Floorplan · Split Bedroom · Thermostat · Walk-In Closet(s)
LaundryCommon Area
CoolingCentral Air
HeatingCentral
FurnishedFurnished

Outside & construction

RoofMembrane
ConstructionBlock · Stucco
FoundationBlock
ViewPool · Water
FacesSouthwest
ParkingAssigned · Ground Level · Guest
ExteriorBalcony · Irrigation System · Lighting · Sliding Doors · Storage

Community & fees

HOA fee$1,467/mo
Taxes (2024)$5,918/yr
PetsNo
CommunityBuyer Approval Required · Clubhouse · Community Mailbox · Pool · Sidewalks

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Phone Available · Public · Sewer Connected · Street Lights · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$5,438 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,103
PMI (est., until 20% equity)$216
Property tax — 2024 actual bill$493
Condo fee — from the listing$1,467
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $57,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $57,500
Interest rate6.00%
Loan term

Estimated payment

$5,438/mo

Principal & interest$3,103
PMI (est., until 20% equity)$216
Property taxes (actual bill)$493
HOA / condo fee$1,467
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $575K
$552KedgeAI estimate $924,366 · range $858K$1.1M$1.1M

vs edgeAI estimate

−37.8%

$/sqft vs Sarasota actives

$457 vs $343

Days on market

429 vs 61 typical

Where $457/sqft sits among the 400 Sarasota actives

225
56 · this home
36
34
20
29
$157–384$384–611$611–838$838–1065$1065–1292$1292+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Sarasota Beach

Map of 5600 BEACH WAY DRIVE UNIT 201 inside its neighborhood boundary

Drive times from this address

Downtown Tampa73 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

Sarasota Beach — neighborhood snapshot

Population

1,618

Median age

66

Median income

$128,627

Median home value

$1,096,296

Avg household

2

Households w/ children

91%

For the school run

Sarasota County School District

ElementaryPhillippi Shores Elementary School★★★★★
MiddleBrookside Middle School★★★★★
HighSarasota High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.6 months of inventoryBuyer’s market

$475K$493K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

160 of 400

Sarasota actives have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 20% above the SARASOTA 34242 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $575,000 $75K
Jun 3, 2025Listed at $650,000 · 429 days on market since
1970Built · BEACHWAY APTS

Reality check

What actually sold near 5600 BEACH WAY DRIVE UNIT 201

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

5600 BEACH WAY DRIVE UNIT 304Sold · Nov ’25

$712,000

5600 BEACH WAY DRIVE UNIT 304 · same community

2 bd · 2 ba · 1,182 sqft · $602/sqft · 72 DOM

6480 MIDNIGHT PASS ROAD UNIT 211Sold · Feb ’26

$1,200,000

6480 MIDNIGHT PASS ROAD UNIT 211

2 bd · 2 ba · 1,265 sqft · $949/sqft · 189 DOM

6480 MIDNIGHT PASS ROAD UNIT 315Sold · Aug ’25

$1,100,000

6480 MIDNIGHT PASS ROAD UNIT 315

2 bd · 2 ba · 1,265 sqft · $870/sqft · 101 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 5600 BEACH WAY DRIVE UNIT 201 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5600 BEACH WAY DRIVE UNIT 201 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Steeve's phone and CRM.

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Goes straight to Steeve’s phone and CRM.

Straight answers

5600 BEACH WAY DRIVE UNIT 201 FAQs

What would the monthly payment be for 5600 BEACH WAY DRIVE UNIT 201?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,438/mo — principal and interest, the actual property-tax bill, the $1,467/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 5600 BEACH WAY DRIVE UNIT 201?+

The association fee works out to $1,467 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 5600 BEACH WAY DRIVE UNIT 201?+

The most recent tax bill on record (2024) was $5,918. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 5600 BEACH WAY DRIVE UNIT 201?+

The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $575,000, this home is listed about 1% above the Sarasota median of $569,000. The market section on this page shows how the area is trending.

Which schools are assigned to 5600 BEACH WAY DRIVE UNIT 201?+

Phillippi Shores Elementary School (elementary), Brookside Middle School (middle), Sarasota High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$575,000 runs 20% above the SARASOTA 34242 median.

02Pool & Water views

The pool and water view is part of what you're buying — views hold value independently of the structure.

03Know the monthly fee

The association fee is $1,467/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

04Time on market is leverage

429 days on market against a Sarasota median of 61 — sellers in this position are usually ready to negotiate.

05Strong assigned schools

Phillippi Shores Elementary School, Brookside Middle School, Sarasota High School — Phillippi Shores Elementary School rates 5 of 5. Always verify assignments with the district.

Listing courtesy of WILLIAM RAVEIS - FLORIDA LLC · Ashley Nevadomski. MLS #A4654536.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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