505 E Lake DRIVE Sarasota, FL $ 500,000
505 E Lake DRIVE
$ 500,000
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505 E Lake DRIVE

Sarasota, FL, 34232
$ 500,000
Bedrooms4 Baths3.0 Sq 2,000

Monthly Estimate*

$ 3,323

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View a Virtual Tour

Single Family Home for sale in Sarasota, FL

for $500,000 with 4 bedrooms and 3 full baths. This 2,000 square foot home was built in 1962 on a lot size of 0.35.

Under contract-accepting backup offers. Enjoy the ultimate Florida lifestyle in this stunning four bedroom, three bathroom home located at 505 E Lake Drive. Boasting a seamless flow from the kitchen to the living room and outdoor entertaining area with a salt water pool, this home is an entertainer's dream. The private backyard oasis features an oversized pool with two sun shelves. Recent upgrades including a new roof, hurricane windows & doors as well as newer plumbing, electrical, septic, well water system and central heating & A/C, along with a top-to-bottom interior renovations featuring a newer kitchen with granite and stainless steel appliances. Nestled in a highly coveted location, this residence offers unparalleled convenience to all amenities, come experience the pinnacle of Sarasota living. There’s nothing left to do but move in and enjoy!

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Single Family Pending

Price

$ 500,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 6,315

Style

Bungalow

Lot Size

0.35

Year Built

1962

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4606795

Features
General
Interior Features Ceiling Fan(s) Kitchen/Family Room Combo Walk-In Closet(s)
Sewer Aerobic Septic
Heating Central Electric Heat Pump
Cooling Central Air
Utilities Cable Connected Electricity Connected Phone Available
Roof Shingle
Appliances Dishwasher Dryer Electric Water Heater Microwave Range Refrigerator Washer
Exterior Features Lighting Sliding Doors
Zoning RSF1
HOA 65
Garage Spaces 2
Patio/Porch Features Covered Deck Screened
Architectural Style Bungalow
Pool Features Gunite Heated In Ground Lighting Salt Water Screen Enclosure
Construction Materials Block
Pets Allowed Yes
Year Built 1962
View Pool Trees/Woods
Levels One
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
Community Features Deed Restrictions
Assoc Fee Paid Per Annually
County Sarasota
New Construction No
Property Type Residential
HOA / Comm Assn Y
Attached Garage Yes
Subdivision Name SHERWOOD ESTATES
Facing Direction West
Garage Y/N Yes
Total Rooms 11
Status Pending
Directions McIntosh to East on North Lake. Right on East Lake home on the left.
High School Sarasota High
City SARASOTA
Buyer Agent Compensation 3%
Senior Community Y/N No
MLS Area 34232 - Sarasota/Fruitville
Lot Size Square Feet 15215
Private Pool Yes
Waterfront Y/N No
Carport Y/N No
Street Name Lake
Elementary School Fruitville Elementary
Tax Annual Amount 6315
Middle/Junior High School McIntosh Middle
Public Remarks Under contract-accepting backup offers. Enjoy the ultimate Florida lifestyle in this stunning four bedroom three bathroom home located at 505 E Lake Drive. Boasting a seamless flow from the kitchen t
Lease Considered Y/N Yes
Virtual Tour https://www.zillow.com/view-imx/e988e431-ed07-4bfa-ad01-d5a563d6f2cc?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Days on Market 41
Standard Status Pending
Tax Lot 3
Legal Description LOT 99 SHERWOOD ESTATES UNIT 3
Minimum Lease No Minimum
Water Access Y/N No
Monthly HOA Amount 5.42
Additional Rooms Bonus Room
Water View Y/N No
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Interior
Flooring Carpet Ceramic Tile Laminate
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Half Baths 0
Street Suffix DRIVE
Laundry Features Laundry Closet
Total Bedrooms 4
Total Baths 3
Living Area Units Square Feet
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Exterior
Fencing Fenced Wood
Parking Features Boat Converted Garage Driveway Garage Door Opener RV Parking Workshop in Garage
Lot Features In County Landscaped Level Near Public Transit Oversized Lot Private
Water Source Well
Lot Size Area 15215
Foundation Details Slab
Building Area Total 2242
Lot Size Acres 0.35
Road Surface Type Paved Asphalt
Lot Size Units Square Feet
Covered Spaces 2
Road Frontage Type Street Paved
Open Parking Y/N Yes
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* Excluded Features
List By
Exp Realty Llc

Broker

cal@calchepil.ca

Email

Affordability Calculator

$3,849
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,323
Monthly Property Taxes
$526
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3324195 Elementary School
3325597 Middle School
Sarasota High High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$500,000 -16.53% Price Down
4/22/2024$599,000 -3.23% Price Down
4/10/2024$619,000 Listed Price

Map


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505 E Lake DRIVE, Sarasota, FL, 34232 is a Single Family Home for sale at $500,000 with 2,000 sqft and a lot size of 0.35. 505 E Lake DRIVE has 4 bedrooms, 3.0 baths, and was built in 1962. The property's zip code is 34232 which is in Sarasota, FL