Back
Condominium at 4885 RILMA AVE #134, SARASOTA
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 2 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 3 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 4 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 5 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 6 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 7 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 8 of 27
Virtually Staged - 4885 RILMA AVE #134, SARASOTA
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 10 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 11 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 12 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 13 of 27
Virtually Staged - 4885 RILMA AVE #134, SARASOTA
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 15 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 16 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 17 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 18 of 27
Virtually Staged - 4885 RILMA AVE #134, SARASOTA
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 20 of 27
Virtually Staged - 4885 RILMA AVE #134, SARASOTA
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 22 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 23 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 24 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 25 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 26 of 27
Condominium at 4885 RILMA AVE #134, SARASOTA, photo 27 of 27
27 photos

$135,000

Bedrooms
3
Bathrooms
2
Living area
993 sqft
Year built
1974
4885 RILMA AVE #134
SARASOTA, FL 34234
Listed by EXP REALTY LLC

Highlights

Property type
Condominium
Lot size
2.71 acres
On market
19 days

About this home

Virtually Staged. Freshly painted and full of opportunity, this 3bed/2bath condo in Summer Lakes, Sarasota, FL offers 993 square feet of flexible living space in a convenient location. Whether you're searching for a primary residence, Florida vacation home, seasonal retreat, or investment property, this condo offers a versatile layout and rental flexibility worth exploring. Inside, the kitchen features white cabinetry, stainless steel appliances, and a contrasting tile backsplash, while fresh interior paint creates a clean, move-in-ready backdrop for your personal touches. The three-bedroom floor plan offers flexibility for guests, a home office, or additional living space. One of the standout features is the rental flexibility. Owners may lease without a waiting period, subject to condominium association requirements, with a six-month minimum lease term. This creates an appealing opportunity for buyers looking for a Sarasota property with potential rental income or a seasonal-use option. Buyers should independently verify current leasing policies, approval requirements, fees, and pet restrictions with the association. Residents can enjoy community amenities including a swimming pool and clubhouse, along with a pet-friendly community setting, subject to association restrictions. Conveniently located near downtown Sarasota, Ringling College of Art and Design, USF Sarasota-Manatee, Sarasota-Bradenton International Airport, shopping, restaurants, and entertainment. Enjoy easy access to Gulf Coast beaches approximately 15 minutes away, depending on your destination and traffic. Whether you're a first-time buyer, looking to downsize, searching for a second home, or exploring Sarasota real estate investment opportunities, this three-bedroom condo offers location, flexibility, and potential at an appealing entry point into the Sarasota market. Schedule your private showing today and discover the possibilities at Summer Lakes! One or more photos have been virtually staged.

Property details

MLS
Stellar MLS
MLS #
MFRTB8561258
Property type
Condominium
Subdivision
7258 - SUMMER LAKES
Status
Active
Days on market
19
On market date
October 24, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.71 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
BAY HAVEN SCHOOL OF BASICS PLUS
0.98 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
587
Student:teacher ratio
14.7:1
District
SARASOTA
Middle
BOOKER MIDDLE SCHOOL
1.68 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
911
Student:teacher ratio
14.2:1
District
SARASOTA
High
BOOKER HIGH SCHOOL
0.87 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,296
Student:teacher ratio
18.3:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

81
Highly walkable
out of 100
EPA National Walkability Index
16.2 / 20 -- Most walkable
Google Places amenity density
80 / 100
Restaurants & cafes20
Grocery stores0
Parks5
Schools4
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 19 days -- 78 fewer days than SARASOTA's current average of 97 days.
For reference, the median list price across 4,576 active listings in SARASOTA right now is $565,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$963/mo
$27,000 down
$108,000 loan
Principal & interest$700
Property tax (est.)$113
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Stellar MLS. Last updated 24 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.