
1638 REDWOOD STREET UNIT 1, SARASOTA, FL, 34231
Pending104 days on marketListed May 5, 2026MLS #A4692638
About this home
1638 REDWOOD STREET UNIT 1
MOVE IN SPECIAL! ONE-MONTH FREE RENT WITH 13-MONTH LEASE! This 2BR, 2BA residence offers a spacious living experience in a prime Sarasota location. Featuring approximately 1,050 square feet of interior space, thoughtfully designed with a mix of tile for a clean, modern aesthetic. The interior provides an efficient layout with a focus on convenience, including a fully equipped kitchen with a dishwasher, microwave, range, and refrigerator. The large bedrooms provide ample storage with a walk-in closet. Residents of this community enjoy access to on-site laundry facilities, off-street parking, and a community pool. Ideally situated just blocks from Sarasota Bay and the south bridge to Siesta Key, this property places you minutes away from world-class beaches, premier dining, and local shopping. The central location also ensures proximity to top-rated schools, including Phillippi Shores Elementary. Annual leases include lawn care and trash removal, offering a low-maintenance lifestyle in one of Sarasota's most sought-after neighborhoods. ADDITIONAL FEES AND RENTAL INFORMATION: Move-In Funds: Minimum 1st month rent, 1 month security deposit. PMI Southwest Florida has partnered with Obligo to provide a security deposit alternative to qualified renters! Application fee: $100 Application fee. Pets: $250 refundable pet fee and $25 monthly pet rent (each) Water: $80 for single, $100 for double occupancy Electric: Tenant responsibility Included: Lawn Care, Pest Control and Trash THIRD PARTY PET SCREENING SERVICE: ALL applicants must complete pet screening. Create a pet and/or animal profile or "no pet" profile. You will receive a separate email to connect with our service provider and to complete your pet application (note: there is cost of $30/$25 for the first pet and $25/$20 for each additional pet.) This pet profile must be completed for your application to be considered completed. Medically necessary animals for the benefit of the occupant(s) are permitted with valid documentation from a medical or mental healthcare provider. Fees and deposits are waived for medically necessary animals. THE ESA APPROVAL MUST BE OBTAINED WITH OUR PET SCREENING SERVICE. PMI SWFL does not review/evaluate ESA documents for approval. Qualifications: We run a complete background check that includes credit, criminal, income verification, prior landlord and eviction history. In terms of credit, we look at the entire picture as opposed to just the credit score, but in general, we do require a score over 550. This property is professionally managed by PMI Southwest Management.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,050
Sqft
0.74 ac
Lot size
1973
Year built
One
Levels
$1
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$171 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$171/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.
$/sqft vs Sarasota actives
$1 vs $345
Days on market
104 vs 63 typical
Where $1/sqft sits among the 400 Sarasota actives
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
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
SARASOTA 34231 — neighborhood snapshot
Population
32,203
Median age
55.1
Median income
$69,721
Median home value
$363,400
Avg household
2.03
Households w/ children
2,803
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
169 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 99% below the SARASOTA 34231 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 1638 REDWOOD STREET UNIT 1
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$315,000
179 VISTA HERMOSA CIRCLE UNIT 17B
2 bd · 2 ba · 1,036 sqft · $304/sqft · 2 DOM
Sold · May ’26$815,000
6500 MIDNIGHT PASS ROAD UNIT 208
2 bd · 2 ba · 1,086 sqft · $750/sqft · 110 DOM
Sold · Aug ’25$294,500
7051 BRIGHT CREEK DRIVE UNIT 6
2 bd · 2 ba · 1,108 sqft · $266/sqft · 21 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.

Your agent
Lacie Springstead
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1638 REDWOOD STREET UNIT 1 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1638 REDWOOD STREET UNIT 1 — before you fall in love.
See it in person
Schedule a tour
Live availability from Lacie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1638 REDWOOD STREET UNIT 1 FAQs
What would the monthly payment be for 1638 REDWOOD STREET UNIT 1?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $171/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 1638 REDWOOD STREET UNIT 1?+
The listing reports pets: Monthly Pet Fee, Number Limit, Pet Deposit, Yes. 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 $1,545, this home is listed about 100% below the Sarasota median of $555,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1638 REDWOOD STREET UNIT 1?+
Phillippi Shores Elementary School (elementary), Riverview High School (high), Brookside Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the SARASOTA 34231 market on paper
$1,545 is 99% below the SARASOTA 34231 median of $199,000, and at $1/sqft it sits under the Sarasota average of $493.
02Strong assigned schools
Phillippi Shores Elementary School, Riverview High School, Brookside Middle School — Phillippi Shores Elementary School rates 5 of 5. Always verify assignments with the district.
03The price has already moved
Listed at $1,875, now $1,545 — a $330 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of PMI SOUTHWEST FLORIDA · Brandon Green. MLS #A4692638.
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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