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Single Family ResidenceResidential
$369,136$207 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 83How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

5240 RIVERWOOD AVE

SARASOTA, FL 34231
3
Beds
2
Baths
1,782 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.38 ac
Lot SizeThe size of the land the home sits on, from county records.
1963
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$369K
$308K low$430K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$369,136
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$295,309

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$962 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$125,781 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$122,236
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$452,200

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.24 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.26%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountySarasota
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2003
Lot (acres)The size of the land the home sits on, from county records.0.38
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Mat/Raft Foundation (Slab)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Carport (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 405 ft²Porch · 120 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Riverview High SchoolB
High · Grades 9–12 · 0.5 mi
E
Phillippi Shores Elementary SchoolA
Elementary · Grades PK–5 · 0.5 mi
M
Brookside Middle SchoolB-
Middle · Grades 6–8 · 1.6 mi

District: Sarasota County School District

Neighborhood · ZIP 34231These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.14

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.34,764
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,058 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$73,898
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$103,891
Average tempThe average temperature here across a full year.73°F
Annual precipHow much rain and melted snow falls here in a typical year.54 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.68%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.Yes

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5240 Riverwood Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs less per square foot than 72% of homes in Sarasota 34231
  • Bigger than 77% of homes in Sarasota 34231
  • Has a bigger lot than 86% of homes in Sarasota 34231
  • Older than 90% of homes in Sarasota County

What homes are worth in Sarasota 34231

Each bar is how many homes fall in that price range. The marker is this home.

This home
$132K$2.5M

This home is worth more than 57% of homes in Sarasota 34231.

How it measures up in Sarasota 34231

The dot is this home. The mark in the middle is the typical home in Sarasota 34231.

Estimated value$369,136
CheaperTypical $342,465Pricier

Pricier than 57% of homes nearby

Price per ft²$207
CheaperTypical $248Pricier

Pricier than 28% of homes nearby

Living area1,782 ft²
SmallerTypical 1,386 ft²Bigger

Bigger than 77% of homes nearby

Lot size0.38 ac
SmallerTypical 0.23 acBigger

Bigger than 86% of homes nearby

Year built1963
OlderTypical 1974Newer

Newer than 23% of homes nearby

How 5240 Riverwood Ave ranks against every home in each area.
MeasureThis homeSarasota 34231Sarasota County
Estimated valuepricier than$369,13657% of homes45% of homes
Price per ft²pricier than$20728% of homes31% of homes
Living areabigger than1,782 ft²77% of homes64% of homes
Lot sizebigger than0.38 ac86% of homes84% of homes
Year builtnewer than196323% of homes10% of homes

About 5240 Riverwood Ave

How much is 5240 Riverwood Ave, Sarasota, FL worth?

The TopHap Estimate for 5240 Riverwood Ave, Sarasota, FL is $369,136 as of Jul 14, 2026. The likely range is $307,982 to $430,290. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 5240 Riverwood Ave, Sarasota, FL?

5240 Riverwood Ave, Sarasota, FL has 3 bedrooms, 2 bathrooms, 1,782 square feet of living space and a 0.38-acre lot.

When was 5240 Riverwood Ave, Sarasota, FL built?

5240 Riverwood Ave, Sarasota, FL was built in 1963, making it 63 years old. The building has 1 story.

What schools serve 5240 Riverwood Ave, Sarasota, FL?

5240 Riverwood Ave, Sarasota, FL is assigned to Riverview High School (high), rated B; Phillippi Shores Elementary School (elementary), rated A; Brookside Middle School (middle), rated B-. All sit in Sarasota County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5240 Riverwood Ave, Sarasota, FL compare to other homes in Sarasota 34231?

Among the 15,163 homes in Sarasota 34231, it is worth more than 57% of them ($369,136 against a typical $342,465), its price per square foot is higher than 28% of them ($207 against a typical $248), it is bigger than 77% of them (1,782 ft² against a typical 1,386 ft²), its lot is bigger than 86% of them (0.38 ac against a typical 0.23 ac) and it is newer than 23% of them (1963 against a typical 1974). Measured against all of Sarasota County, it is worth more than 45% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5240 Riverwood Ave, Sarasota, FL?

The 2025 property tax bill for 5240 Riverwood Ave, Sarasota, FL was $962. The county assessed it at $125,781.

Closest homes

More homes in Sarasota 34231

Assigned schools

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