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Off market
  • $240,400

    5204 Lake Arrowhead Trl #25-7, Sarasota, FL 34231

    2beds
    1,221sqft
    Condominium
    Built in 1983
    7.83 Acres Lot
    $240,400 Zestimate®
    $197/sqft
    $2,533 Estimated rent

    Home value

    $240,400

    $212,000 - $272,000

    $2,533/mo

    Zestimate® history
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    What's special

    Buyer's financing fell through - Back on the market! This private & lushly landscaped community with only 64 exclusive residences rarely has an opportunity to own a first floor, end-unit with 3 private outdoor areas. Move right in and enjoy the tropical Florida Lifestyle! You don't have to compromise on space in this condo, with over 1,220 square feet and a perfectly laid out floor plan you have to see for yourself. How many other condos in this price point offer a screened-in lanai, large pergola off the master bedroom and private courtyard in the guest bedroom? The new owner will enjoy $10,000 in instant equity since this unit is listed well below other units sold in Lake Arrowhead for a quick sale. Make use of the TWO outdoor storage areas for your beach chairs and umbrellas for your visits to the #1 rated beach just minutes away at Siesta Key. The Key-West style clubhouse, heated community pool, and private fishing pier overlooking an expansive lake are just steps from your back door. Nature enthusiasts, you can't put a price on having a 72-acre nature preserve just out your front door perfect for hiking, bird watching, or fishing at Red Bug Slough Park. This community is a hidden gem that only few are lucky enough to call 'home'. Virtual & Contactless Tours are Available, don't let this opportunity pass you by!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    Features
    • Ceiling Fans(s), Master Bedroom Downstairs, Open Floorplan, Split Bedroom, Walk-In Closet(s), Thermostat, Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
    • Flooring: Tile
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 1,221 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    Features
    • Levels: One
    • Patio & porch: Deck, Patio, Porch, Screened, Covered, Rear Porch, Enclosed, Side Porch
    • Exterior features: Other, Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 7.83 Acres
    • Residential vegetation: Mature Landscaping, Trees/Landscaped, Oak Trees, Wooded
    Details
    • Parcel number: 0088011049
    • Zoning: RMF2

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Condominium
    Materials
    • Wood
    • Foundation: Concrete
    • Roof: Asphalt
    Condition
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Cable Connected, Sprinkler Recycled, Water Connected

    Community & HOA

    Community
    • Subdivision: Lake Arrowhead
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Pool, Dock
    • Services included: Community Pool, Maintenance Grounds, Recreational Facilities, Trash, Cable TV, Common Area Taxes, Maintenance Exterior, Private Road, Escrow Reserves Fund, Manager, Fidelity Bond
    • HOA fee: $373 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $197/sqft
    • Tax assessed value: $192,400
    • Annual tax amount: $2,841
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    10/12/2020Sold$206,500-1%$169/sqft
    Source: Public Record Report a problem
    7/28/2020Pending sale$208,500$171/sqft
    Source: ROSEBAY INTERNATIONAL, INC #A4468730 Report a problem
    7/5/2020Price change$208,500-0.5%$171/sqft
    Source: ROSEBAY INTERNATIONAL, INC #A4468730 Report a problem
    6/16/2020Price change$209,500-2.5%$172/sqft
    Source: ROSEBAY INTERNATIONAL, INC #A4468730 Report a problem
    6/3/2020Listed for sale$214,900+30.2%$176/sqft
    Source: ROSEBAY INTERNATIONAL, INC #A4468730 Report a problem
    1/8/2018Sold$165,000-5.7%$135/sqft
    Source: Public Record Report a problem
    9/29/2017Listed for sale$175,000$143/sqft
    Source: PREMIER SOTHEBYS INTL REALTY #A4197185 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,841 -15.3%$192,400 -9.5%
    2024$3,355 +7.6%$212,561 +10%
    2023$3,117 +7.1%$193,237 +10%
    2022$2,911 +22.4%$175,670 +10%
    2021$2,379 +14.5%$159,700 +19.8%
    2020$2,079 -0.1%$133,300 -2.3%
    2019$2,081 $136,400 +3.2%
    2018$2,081 +3.8%$132,200 +10.5%
    2017$2,005 +8.3%$119,600 -10.9%
    2016$1,851 $134,200 +13%
    2015$1,851 +14%$118,800 +44.3%
    2014$1,624 +8.6%$82,300
    2013$1,495 +1.9%$82,300 +1.5%
    2012$1,467 -1.6%$81,100 -3.9%
    2011$1,492 -15%$84,400 -15.9%
    2010$1,755 -12.8%$100,400 -8.7%
    2009$2,012 $110,000 -13.2%
    2008$2,012 -13.1%$126,800 -15.5%
    2007$2,315 $150,000 -6.7%
    2006-- $160,700 +21.7%
    2005-- $132,082 +24.4%
    2004$1,963 +4.3%$106,216 +9%
    2003$1,882 +4.5%$97,446 +9%
    2002$1,802 +13%$89,400 +8%
    2001$1,594 +2.9%$82,767 +3%
    2000$1,548 $80,356
    Find assessor info on the county website

    Neighborhood: Gulf Gate Estates

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gulf Gate Elementary
    • Middle: Brookside Middle
    • High: Riverview High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $240,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $240,400