Burgundy Condominiums

Independent Assessment

A 55+ restriction was independently confirmed specifically for Burgundy Unit One, whose own association describes itself as a 55+ community. Sources are less clear on whether the separately governed Burgundy II section carries the same restriction — one source notes Burgundy 1 and Burgundy 2 have separate HOA boards, with Burgundy 1 specifically identified as the 55-and-older phase, which implies Burgundy II's age policy should not be assumed identical. Buyers should confirm which phase a specific unit belongs to and that phase's specific age-restriction status directly with the applicable association before purchasing.

Who May Find This Community Appealing

Buyers seeking the lowest possible entry price for a legally age-restricted 55+ Florida condo, and who are prepared to do serious due diligence on an older building in exchange for that price, are the best fit for Burgundy Condominiums.

Homes, Builders & Development History

Burgundy Condominiums was built in 1977. Sources report differing total unit counts — 246 units specifically for the Burgundy Unit One association, versus approximately 287 units cited elsewhere for the combined complex — which could not be fully reconciled. The community is fully built out, with all current activity being resale.

Current Pricing & Market Positioning

Recent listings and sales data show prices roughly between $55,000 and $135,000, with a recent median around $85,000-$95,000 and past-year average sale prices near $85,000 — among the most affordable 55+ condo pricing anywhere in the Sarasota-Bradenton region. Buyers should pull current active listings directly given the narrow, fast-moving inventory at this price point.

New Construction vs. Resale Considerations

This community is fully built out; all activity is resale. Given the 1977 construction date, buyers should specifically ask about the roof's remaining life, any completed or pending Florida-mandated structural inspections, and the reserve fund's current funding level, since older Florida condo associations statewide have faced significant special assessments in recent years tied to these requirements.

Taxes, Insurance & Special Assessments

Homes here are subject to Manatee County real estate tax, with the county's total millage around 17.29 mills as of the 2025-2026 tax year and an effective rate commonly cited near 0.9% of assessed value, though city-adjacent parcels can run higher. Given the building's age, insurance is a critical line item to verify — buyers should get an actual quote for a specific unit before making an offer, and ask the association directly about the building's wind mitigation features and any recent milestone/structural inspection findings under Florida's post-Surfside condo laws.

Community Layout & Lifestyle

Burgundy is a low-rise, 1970s-built condo community organized around a clubhouse, heated pool and spa, and outdoor courts for shuffleboard and tennis. It functions as a classic, affordable Florida 55+ condo community rather than a resort-style amenity campus — the social scene centers on the clubhouse and pool area rather than an extensive programmed activities calendar.

Shopping, Healthcare & Airport Access

Burgundy Condominiums sits in south Bradenton just off Interstate 75, giving residents convenient highway access and a reasonably short drive to the Gulf beaches of Anna Maria Island.

Age Qualification & Material Ownership Restrictions

Burgundy Unit One's own association describes itself as a 55+ community. The Burgundy 1/Burgundy 2 distinction remains a genuine open question — sources indicate the two phases have separate HOA boards and that Burgundy 1 specifically is the 55-and-older section, which implies buyers should not assume Burgundy II carries an identical restriction without confirming directly. Buyers should also confirm current 80/20 occupancy compliance and exact restriction language with the applicable association.

Tradeoffs & Limitations

At this price point, due diligence is essential: buyers should verify the roof's age and replacement schedule, plumbing condition, electrical panel type (confirm no Federal Pacific panels, which are commonly uninsurable), flood zone designation, and the association's reserve fund adequacy before making an offer. The HOA fee relative to purchase price is proportionally high at this entry point, and buyers should confirm insurability with an actual quote before committing, since an uninsurable Florida condo has very limited resale value. The Burgundy 1 versus Burgundy 2 distinction is also a real complication — confirm which phase and which association governs any specific unit.

Comparison With Nearby Communities

Burgundy Condominiums generally runs below both Bayshore on the Lake and Cortez Villas Condominiums on typical sale price, though its HOA fee is proportionally higher relative to purchase price. Buyers comparing all three should weigh entry price against building age, amenities, and confirmed age-restriction status for the specific phase or unit under consideration.

Current Listings

A connected local agent can provide current available units, confirm which Burgundy phase a specific listing belongs to, and clarify that phase's HOA fee and any pending special assessments.

Is Burgundy Condominiums age-restricted?

Burgundy Unit One's own association describes itself as a 55+ community. The related Burgundy II phase has a separate HOA board, and it could not be confirmed that its age-restriction status carries over identically — confirm directly for the specific unit.

What is the HOA fee?

Reported around $443/month, reportedly including exterior maintenance, groundskeeping, pool and common-area upkeep, cable, internet, sewer, trash, and water. Confirm the current fee in writing.

How affordable is Burgundy compared to other Bradenton 55+ condos?

It is generally the most affordable of the older Bradenton 55+ condo communities researched for this area, with recent sales often under $100,000 — but budget for serious due diligence on a building built in 1977.

Is new construction available?

No — the community is fully built out. All current activity is resale.