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For sale
    • Price cut: $25K (7/21)
    $250,000

    5231 LAKE VILLAGE DRIVE #27, SARASOTA, FL 34235

    2beds
    1,065sqft
    : 
    $2,020/mo
    Get pre-qualified
    Condominium
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $235/sqft
    $414/mo HOA

    What's special

    Sophisticated updatesCustom cabinetryPrivate lake view sanctuaryOverlooking the waterGlass-enclosed professionally landscaped lanaiLakeside gemCrown molding
    Short Sale. Experience a turnkey, lock & Leave - maintenance free lifestyle in this refined 2-bedroom, 2-bathroom, ground floor residence at 5231 Lake Village Dr, offering 1,178 sq. ft. of living space in one of Sarasota’s most established, canopy-shaded neighborhoods. Meticulously maintained and move-in ready, the interior features sophisticated updates, including crown molding and custom cabinetry, with a layout that flows into an intentional dining space and a glass-enclosed, professionally landscaped lanai, your private lake view sanctuary for morning coffee overlooking the water. Perfectly positioned for the discerning buyer, the home offers effortless convenience at the nexus of Sarasota’s key corridors, just 10 minutes from the University Town Center (UTC) district and a direct 15-minute commute to the cultural heart of downtown Sarasota. This residence offers a rare opportunity to own in a master-planned community celebrated for its timeless charm and preserved green spaces; we invite you to contact us today to coordinate a private viewing of this lakeside gem. Virtual 3D Tour Available!
    42 days
    |
    276
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ciro Rocco 716-908-9692,

    PREFERRED SHORE LLC 941-999-1179

    Source: Stellar MLS,MLS#: A4699351MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Utility Room
      Primary bedroom
      • Features: En Suite Bathroom, Built-in Closet
      • Level: First
      • Area: 200.6 Square Feet
      • Dimensions: 11.8x17
      Bedroom 2
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      • Area: 136.8 Square Feet
      • Dimensions: 12x11.4
      Balcony porch lanai
      • Features: Ceiling Fan(s)
      • Level: First
      Kitchen
      • Level: First
      • Area: 94.4 Square Feet
      • Dimensions: 8x11.8
      Living room
      • Features: Bar
      • Level: First
      • Area: 273 Square Feet
      • Dimensions: 13x21
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Dry Bar, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
      • Flooring: Ceramic Tile
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 1,178
      • Total interior livable area: 1,065 sqft

      Property

      Parking
      • Parking features: Assigned
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Enclosed, Front Porch, Rear Porch
      • Pool features: In Ground
      • Has view: Yes
      • View description: Water, Pond
      • Has water view: Yes
      • Water view: Water,Pond
      Lot
      • Size: 6.74 Acres
      • Features: Near Golf Course, Sidewalk
      • Residential vegetation: Mature Landscaping
      Details
      • Parcel number: 0034081027
      • Zoning: RSF2
      • Special conditions: Short Sale

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • Completed
      • New construction: No
      • Year built: 1983

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Deed Restrictions, Dog Park, Golf Carts OK, Golf, No Truck/RV/Motorcycle Parking, Pool, Restaurant, Tennis Court(s)
      • Pet fee: $0 monthly
      • Subdivision: VILLAGE LAKE
      HOA
      • Has HOA: Yes
      • Amenities included: Pool, Security
      • Services included: Common Area Taxes, Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Security
      • HOA fee: $414 monthly
      • HOA name: Capstone/Serena
      • HOA phone: 941-554-8838
      • Second HOA name: The Meadows Community Association
      • Second HOA phone: 941-377-2300
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $235/sqft
      • Tax assessed value: $232,800
      • Annual tax amount: $1,226
      • Date on market: 7/8/2026
      • Cumulative days on market: 39 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/21/2026Price change$250,000-9.1%$235/sqft
        Source: Stellar MLS #A4699351 Report a problem
        7/9/2026Listed for sale$275,000-16%$258/sqft
        Source: Stellar MLS #A4699351 Report a problem
        3/28/2024Sold$327,500$308/sqft
        Source: Stellar MLS #A4598301 Report a problem
        2/19/2024Pending sale$327,500$308/sqft
        Source: Stellar MLS #A4598301 Report a problem
        2/16/2024Price change$327,500-5.1%$308/sqft
        Source: Stellar MLS #A4598301 Report a problem
        2/2/2024Listed for sale$345,000$324/sqft
        Source: Stellar MLS #A4598301 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,216 +144.7%$232,800 +118.2%
        2024$1,314 +7.2%$106,686 +3%
        2023$1,226 +4.6%$103,579 +3%
        2022$1,173 +2.7%$100,562 +3%
        2021$1,142 +1.2%$97,633 +1.4%
        2020$1,129 +5.6%$96,285 +2.3%
        2019$1,069 $94,120 +1.9%
        2018$1,069 +4.2%$92,365 +2.1%
        2017$1,026 +0.9%$90,465 -26.2%
        2016$1,016 -0.7%$122,500 +16.2%
        2015$1,024 +0.6%$105,400 +22.6%
        2014$1,017 +0.5%$86,000
        2013$1,012 -2.6%$86,000 -3%
        2012$1,039 +1.3%$88,700
        2011$1,026 -9.2%$88,700 -5.7%
        2010$1,130 -37.3%$94,100 -15.8%
        2009$1,801 $111,700 -26.2%
        2008$1,801 -16.1%$151,300 -9.4%
        2007$2,148 $167,000 +9%
        2006-- $153,200 +22.5%
        2005-- $125,077 +25.1%
        2004$1,807 +5.9%$100,011 +11%
        2003$1,706 +3%$90,100 +6%
        2002$1,657 +23.3%$85,000 +21.9%
        2001$1,343 +2.9%$69,711 +3%
        2000$1,306 $67,681
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: The Meadows

        Getting around

        23 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gocio Elementary
        • Middle: Booker Middle
        • High: Booker High

        Source: Stellar 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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