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Tallywood

Sarasota, Florida · Sarasota County

Legally age-restricted 55+resale

Tallywood is a gated, age-restricted 55+ condominium community of 185 homes in Sarasota, built in 1983 on more than 25 wooded acres with mature oak trees. It sits just two miles from downtown Sarasota, offering an established, pet-friendly, low-maintenance lifestyle at a moderate price point relative to newer Sarasota-area communities.

Last researched 2026-09-16

Price positioning
Roughly $200,000s — confirm current pricing directly
HOA
Not publicly confirmed as a current figure — confirm with the HOA
Community size
185 homes
Home types
condominium
Builder
Built 1983; condo association established December 1979 for the underlying property; builder not independently confirmed
Age policy
Confirmed age-restricted 55+ community per multiple independent sources

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Overview

Independent Assessment

Tallywood's age-restricted 55+ status is explicitly and consistently confirmed across the real estate sources reviewed, giving reasonable confidence in that classification, though the HOA's recorded HOPA certification documents were not independently confirmed. The community's wooded, 25-plus-acre setting close to downtown Sarasota is a genuine, well-documented differentiator relative to more open, denser communities in this cluster.

Who May Find This Community Appealing

Buyers who want a legally age-restricted, gated, pet-friendly condo community close to downtown Sarasota, with a wooded rather than open setting, are the best fit here. It suits buyers prioritizing walkable proximity to Sarasota's downtown arts and dining scene over beach proximity.

Homes & Prices

Homes, Builders & Development History

Tallywood was built in 1983 as a 185-home gated, age-restricted condominium community on more than 25 wooded acres; the condo association itself was established in December 1979 ahead of construction. Homes generally range from approximately 1,069 to 1,500 square feet with two bedrooms, two bathrooms, and covered one-car carports. The specific builder has not been independently confirmed from a primary source; buyers should verify through Sarasota County property records if that history matters to their decision.

Current Pricing & Market Positioning

Reported pricing runs around the $200,000s, positioning Tallywood as a moderately priced, established Sarasota condo community — more expensive than the smaller 1970s villa communities in this cluster (Strathmore, Swifton, Rolling Green) but well below newer Palmer Ranch or Lakewood Ranch construction. Buyers should pull current comparable sales for the specific unit and floor plan.

New Construction vs. Resale Considerations

Tallywood has been fully built out and resale-only since the 1980s, so buyers should expect no builder warranty and should budget for the possibility of aging major systems depending on a given unit's renovation history. A home inspection focused on roof condition, systems age, and HOA reserve adequacy is a priority here.

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Fees

HOA Fees, Capital Contributions & Recurring Costs

A current HOA fee figure from the association could not be independently confirmed. Reported HOA coverage includes cable TV, clubhouse, fitness center, gated access, maintenance, pool, recreation facilities, shuffleboard court, storage, and tennis courts — a fairly comprehensive package for this price point. Buyers should request the current fee schedule and reserve-fund study directly from the HOA before purchasing.

Taxes, Insurance & Special Assessments

Homes here are subject to Sarasota County real estate tax; buyers should confirm the current millage rate and assessed value directly with the Sarasota County Property Appraiser. Given the 1983 construction vintage, buyers should confirm roof age and replacement history and get current homeowners insurance quotes before making an offer.

Amenities

Large community poolClubhouse and libraryFitness centerShuffleboard courtsTennis courtsFenced dog parkGated entry

Community Layout & Lifestyle

Tallywood's genuine differentiator is its wooded, 25-plus-acre setting with mature oak trees and tropical foliage — an unusually green, established feel for a community just two miles from downtown Sarasota. The amenity package (pool, fitness center, tennis, shuffleboard, dog park) supports an active, pet-friendly lifestyle typical of established 1980s Sarasota condo communities.

Location

Shopping, Healthcare & Airport Access

Tallywood is located just two miles from downtown Sarasota's arts, dining, and shopping district, about four miles from the Sarasota Bayfront and marinas, and roughly nine miles from Siesta Key's beaches — trading beach proximity for a more central, downtown-adjacent location than most communities in this cluster.

Restrictions

Age Qualification & Material Ownership Restrictions

Tallywood is explicitly and consistently confirmed across multiple real estate sources as a well-maintained, age-restricted 55+ community. The HOA's recorded HOPA certification documentation or occupancy-verification policy was not independently confirmed; buyers should confirm current certification directly with the association before purchasing.

Pros & Tradeoffs

Tradeoffs & Limitations

Tallywood's 1983 construction vintage means buyers should budget for standard old-building due diligence — roof, systems, and HOA reserve adequacy — before purchasing. It is farther from Siesta Key's beaches than communities like Strathmore Riverside Villas or Swifton Villas, trading beach proximity for downtown Sarasota proximity. A current HOA fee figure was not independently confirmed.

Comparison With Nearby Communities

Within Sarasota, Tallywood is most often compared with Rolling Green Golf Village, Strathmore Riverside Villas, and Swifton Villas as similarly-scaled, legally age-restricted communities, though Tallywood's wooded, downtown-adjacent setting and comprehensive amenity package (including tennis and a dog park) distinguish it from the smaller, more basic 1970s villa communities in that group.

Listings

Current Listings

A connected local agent can provide current available homes, recent comparable sales, and the HOA's current fee schedule and reserve status.

FAQs

Questions Buyers Should Verify

  • Current HOA fee and what it covers, confirmed directly with the association
  • HOA reserve-fund study and any planned special assessments
  • Current HOPA certification and occupancy-compliance status directly with the HOA
  • Roof age and replacement history for the specific unit, and current homeowners insurance quotes
  • Pet policy details (breed/size/count restrictions) given the community's pet-friendly marketing and on-site dog park
Is Tallywood age-restricted?
Yes — Tallywood is explicitly and consistently confirmed across independent real estate sources as a well-maintained, age-restricted 55+ community.
Is Tallywood gated?
Yes, Tallywood is a gated community.
How far is Tallywood from downtown Sarasota?
Just two miles — one of the more centrally located, downtown-adjacent communities in this cluster, trading beach proximity for urban convenience.
Is Tallywood pet-friendly?
Yes, the community includes a fenced dog park and is marketed as pet-friendly, though buyers should confirm any breed, size, or count restrictions directly with the HOA.

Sources

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