505 East Lake Drive

Sarasota, FL 34232

$599,000
Price
4
Beds
3
Baths
2,000 Sq. Ft.
$300 / Sq. Ft.
2,000
Sq. Ft.
$300
per Sq. Ft.

Description

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 as well as newer plumbing, electrical, septic, well water system and central heating & A/C, along with a top-to-bottom...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 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!
  1. Listed by Cal Chepil • EXP REALTY LLC

Property Details for 505 East Lake Drive

Architectural Style
Bungalow
Subdivision Name
SHERWOOD ESTATES
Garage Spaces
2
View
Pool, Trees/Woods
Waterfront
No

Location

Listing Courtesy of EXP REALTY LLC, Cal Chepil
Add your commute
LISTING UPDATED: 05/02/2024 03:58 PM

Property Details for 505 East Lake Drive

StatusActive
MLS #A4606795
Days on Market23
Taxes$6,315 / year
HOA Fees$65 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1962
Lot Size0.35 AC / 15,215 SF
CountySarasota County

Location

Listing Courtesy of EXP REALTY LLC, Cal Chepil
Add your commute

Building Information for 505 East Lake Drive

Stories-Year Built1962Building Size-Lot Size0.35 AC / 15,215 SF

Payment Calculator

$3,801 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$526

HOA Dues

$5

The Payment Calculator is for illustrative purposes only.

Property Information for 505 East Lake Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2242.0
  • Building Area Units: Square Feet
  • Community Features: Deed Restrictions
  • Direction Faces: West
  • Directions: McIntosh to East on North Lake. Right on East Lake, home on the left.
  • Elementary School: Fruitville Elementary
  • Middle Or Junior School: McIntosh Middle
  • High School: Sarasota High
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Sherwood Estates
  • Unit Number: No
  • Street Number: 505
  • Street Direction Prefix: E
  • Street Name: LAKE
  • Street Suffix: DRIVE
  • State: FL
  • City: SARASOTA
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: No
  • Garage Dimensions: 20x20
  • Garage: Yes
  • Parking Features: Boat, Converted Garage, Driveway, Garage Door Opener, RV Parking, Workshop in Garage
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Requirement: Required
  • Association Name: Suncoast Premier Realty Services
  • Association: Yes
  • CDD: No
  • Tax Legal Description: LOT 99 SHERWOOD ESTATES UNIT 3
  • Tax Lot: 3
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Level/Flat, Near Public Transit, Oversized Lot, Private, Street Paved
  • Parcel Number: 0045140004
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: No
  • Water Extras: No
  • Zoning: RSF1
  • Living Area: 2000
Property and Assessments
  • Year Built Numeric: 1962
  • Flood Zone Code: x
  • Home Warranty: No
  • Homestead: No
  • New Construction: No
Utilities
  • Sewer: Aerobic Septic
  • Utilities: Cable Connected, Electricity Connected, Phone Available
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Lighting, Sliding Doors
  • Fencing: Fenced, Wood
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Covered, Deck, Screened
  • Pool Dimensions: 30' x 25'
  • Pool Features: Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Shingle
  • Vegetation: Mature Landscaping, Trees/Landscaped
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 4
  • Bathrooms Full: 3
  • Additional Rooms: Bonus Room
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Heating: Central, Electric, Heat Pump
  • Interior Features: Ceiling Fans(s), Kitchen/Family Room Combo, Walk-In Closet(s)
  • Laundry Features: Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 11.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 18x11
  • Room Length 1: 11.0
  • Room Level 1: First
  • Room Type 1: Kitchen
  • Room Width 1: 18.0
Room 2
  • Room Dimensions 2: 22x13
  • Room Length 2: 13.0
  • Room Level 2: First
  • Room Type 2: Living Room
  • Room Width 2: 22.0
Room 3
  • Room Dimensions 3: 12x11
  • Room Length 3: 11.0
  • Room Level 3: First
  • Room Type 3: Dining Room
  • Room Width 3: 12.0
Room 4
  • Room Dimensions 4: 13x18
  • Room Length 4: 18.0
  • Room Level 4: First
  • Room Type 4: Primary Bedroom
  • Room Width 4: 13.0
Room 5
  • Room Dimensions 5: 6x11
  • Room Length 5: 11.0
  • Room Level 5: First
  • Room Type 5: Bathroom 1
  • Room Width 5: 6.0
Room 6
  • Room Dimensions 6: 13x15
  • Room Features 6: Breakfast Bar, Closet Pantry
  • Room Length 6: 15.0
  • Room Level 6: First
  • Room Type 6: Primary Bedroom 2
  • Room Width 6: 13.0
Room 7
  • Room Dimensions 7: 8x5
  • Room Length 7: 5.0
  • Room Level 7: First
  • Room Type 7: Bathroom 2
  • Room Width 7: 8.0
Room 8
  • Room Dimensions 8: 13x13
  • Room Flooring 8: Concrete
  • Room Length 8: 13.0
  • Room Level 8: First
  • Room Type 8: Bedroom 3
  • Room Width 8: 13.0
Room 9
  • Room Dimensions 9: 12x13
  • Room Length 9: 13.0
  • Room Level 9: First
  • Room Type 9: Bedroom 4
  • Room Width 9: 12.0
Room 10
  • Room Dimensions 10: 8x5
  • Room Length 10: 5.0
  • Room Level 10: First
  • Room Type 10: Bathroom 3
  • Room Width 10: 8.0
Room 11
  • Room Dimensions 11: 19x12
  • Room Length 11: 12.0
  • Room Level 11: First
  • Room Type 11: Bonus Room
  • Room Width 11: 19.0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 505 East Lake Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 East Lake Drive

Taxable ValueLand$180,800Additions$309,300Total$490,100
Tax Record2023$6,315 ($526 / month)
Home Facts
Beds4Baths3Total Finished SqFt1,884 SqFtAbove Grade Finished SqFt1,884 SqFtStories1Lot Size15,215 SqFtStyleSingle Family ResidenceYear Built1962Year Renovated2005ZoningRSF1CountySARASOTAAPN0045-14-0004

Schools near 505 East Lake Drive

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Fruitville Elementary School
PublicPK to 5

Mcintosh Middle School
Public6 to 8

Sarasota High School
Public9 to 12

Sarasota Academy Of The Arts
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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505 East Lake Drive is a single family home for sale in Sarasota, FL 34232. This property was listed for sale on April 10, 2024 by EXP REALTY LLC, it's currently listed at $599,000. It has been on the market for a total of 23 days and was last sold on May 8, 2019. This listing's school district is Sarasota. Nearby schools include Fruitville Elementary School, Mcintosh Middle School and Sarasota High School. 505 East Lake Drive is a 4-bed, 3-bath, 2,000 sqft single family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY LLC, Cal Chepil

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.