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Off market
  • $260,300

    5387 Lake Arrowhead Trl, Sarasota, FL 34231

    2beds
    1,221sqft
    Condominium
    Built in 1983
    -- sqft lot
    $260,300 Zestimate®
    $213/sqft
    $2,185 Estimated rent

    Home value

    $260,300

    $237,000 - $284,000

    $2,185/mo

    Zestimate® history
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    What's special

    UNBELIEVABLE WATER VIEWS from this FIRST FLOOR, END UNIT condo in sought-after and centrally-located Lake Arrowhead. This condo has southerly big lake water views that are breathtaking. Relax on your covered and screened patio OR on your separate open wood deck and see the birds and other wildlife at this very peaceful location. Features also include an UPDATED EAT-IN KITCHEN, neutral and modern tile floors throughout, and since this is an end unit, there are an additional four end unit windows for added light! This condo is only steps away from the community pool. Lake Arrowhead features a lakefront clubhouse and heated swimming pool and is very centrally located in Sarasota. Located only about 6 minutes to Siesta Key, 6 minutes to I-75, and about 15 minutes to downtown! Near to grocery, shopping, and many restaurants. Welcome to Lake Arrowhead!

    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
    Appliances
    • Laundry: Laundry Closet
    Features
    • Ceiling Fans(s), Eating Space In Kitchen, Split Bedroom, Stone Counters, Walk-In Closet(s), Thermostat, Living Room/Dining Room Combo, Window Treatments
    • Flooring: Other
    • Windows: Blinds
    • Has fireplace: Yes
    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, Screened, Rear Porch
    • Exterior features: Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Lake
    Lot
    • Features: In County, Street Paved, Street One Way
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 0088011043
    • Zoning: RMF2

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Public, Street Lights, Cable Connected, Fire Hydrant

    Community & HOA

    Community
    • Subdivision: Lake Arrowhead
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Maintenance, Pool
    • Services included: Community Pool, Recreational Facilities, Cable TV, Insurance, Pool Maintenance, Escrow Reserves Fund, Manager, Fidelity Bond
    • HOA fee: $365 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $213/sqft
    • Tax assessed value: $213,500
    • Annual tax amount: $2,598
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    1/13/2020Sold$220,000-6.4%$180/sqft
    Source: Public Record Report a problem
    12/31/2019Pending sale$235,000$192/sqft
    Source: RE/MAX ALLIANCE GROUP #A4453327 Report a problem
    12/31/2019Listed for sale$235,000+28.4%$192/sqft
    Source: RE/MAX ALLIANCE GROUP #A4453327 Report a problem
    4/24/2014Sold$183,000-8%$150/sqft
    Source: Public Record Report a problem
    9/14/2013Listed for sale$199,000+53.1%$163/sqft
    Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A3984410 Report a problem
    4/2/2002Sold$130,000+52.9%$106/sqft
    Source: Public Record Report a problem
    11/24/1998Sold$85,000$70/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,598 +3.4%$208,242 +2.9%
    2024$2,512 +6.8%$202,373 +3%
    2023$2,352 +4%$196,479 +3%
    2022$2,262 +0.6%$190,756 +3%
    2021$2,249 +16.2%$185,200 +17.4%
    2020$1,935 +4.3%$157,721 +2.3%
    2019$1,855 $154,175 +1.9%
    2018$1,855 +3.1%$151,300 +4.1%
    2017$1,799 -22.3%$145,300 -11%
    2016$2,314 $163,300 +12%
    2015$2,314 +94.2%$145,800 +53.8%
    2014$1,192 +0.4%$94,800
    2013$1,187 +2.3%$94,800 +1.3%
    2012$1,161 +2.9%$93,600 +1.5%
    2011$1,128 -19.5%$92,200 -16%
    2010$1,401 -5.9%$109,700 -8.7%
    2009$1,489 $120,100 -0.9%
    2008$1,489 -6.4%$121,169 +3%
    2007$1,590 $117,640 +2.5%
    2006-- $114,771 +3%
    2005-- $111,428 +3%
    2004$1,625 -0.6%$108,183 +1.9%
    2003$1,635 +11.7%$106,166 +15.9%
    2002$1,464 +8.7%$91,637 +1.6%
    2001$1,347 +3.8%$90,194 +3%
    2000$1,297 $87,567
    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
    $260,300
    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
    $260,300