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5711 Magnolia Ridge Pl

Sarasota, FL 34243

3 bd 2 ba 1,813 sqft Built 2019 Lot 6,464 sqft single_family
Most recent sale
$570,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2023 Listing removed $85,000 StellarMLS
Sep 19, 2022 Sold $570,000 MLS #A4543754
Aug 11, 2022 Price changed $599,000 MLS #A4543754
Jul 29, 2022 Listed $629,000 MLS #A4543754
Nov 9, 2021 Sold $530,000 MLS #A4515352
Oct 20, 2021 Listed $549,000 MLS #A4515352
Dec 3, 2019 Sold $290,000 Public Record
Sep 22, 2019 Sold $329,900 MLS #A4431021
Mar 22, 2019 Listed $329,900 MLS #A4431021
Mar 19, 2019 Listing removed $85,000 StellarMLS
Nov 26, 2018 Listed $85,000 MLS #A4419976

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $374,221 $96,900 $471,121 $7,182
2024 $374,221 $96,900 $471,121 $7,187
2023 $378,129 $96,900 $475,029 $7,381
2021 $184,956 $80,000 $264,956 $3,628
2020 $195,621 $80,000 $275,621 $3,961
2019 $75,000 $75,000 $1,198
2018 $75,000 $75,000 $1,214
2017 $75,000 $75,000 $1,158

Property facts

Year built
2019
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,813 sqft
Lot size
6,464 sqft
ZIP code
34243
City
Sarasota
Street
Magnolia Ridge Pl
Coordinates
27.42471, -82.48880

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,354
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 5711 Magnolia Ridge Pl last sell?
5711 Magnolia Ridge Pl most recently sold on Sep 19, 2022 for $570,000.
What is the current tax assessment for 5711 Magnolia Ridge Pl?
The most recent total assessment for 5711 Magnolia Ridge Pl (year 2025) is $471,121 with $7,182 in property tax.
How does 5711 Magnolia Ridge Pl's assessment compare to its last sale price?
The current assessment is 17.3% below the last sale price of $570,000.
When was 5711 Magnolia Ridge Pl built?
5711 Magnolia Ridge Pl was built in 2019.
How does 5711 Magnolia Ridge Pl compare to others on Magnolia Ridge Pl?
We track 2 other properties on Magnolia Ridge Pl. Browse the list under "Other properties on Magnolia Ridge Pl" to compare beds, baths, and sale history.
What are the property facts for 5711 Magnolia Ridge Pl?
5711 Magnolia Ridge Pl is a 3 bed, 2 bath, 1,813 sqft, 6,464 sqft lot single_family.
Is 5711 Magnolia Ridge Pl a flip candidate?
Yes — 5711 Magnolia Ridge Pl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5711 Magnolia Ridge Pl a tax-appeal candidate?
No — 5711 Magnolia Ridge Pl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.6%
2026 Q3
$508K
2026 Q4
$517.6K
ZIP 34243 — Median Price History + Forecast

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