9 months on rocket

3831 E Frst Lake Dr, Sarasota, FL, 34232

$650,000

Home List Price

$7,719*

Closing Credit

5 Bedrooms
3 Full Baths
2,917 SqFt
$223/SqFt
House
Schools Nearby

Location

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3831 E Frst Lake Dr, Sarasota$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway, Garage Faces Side, Oversized
Attached Garage2 spaces
Year Built1954
HeatingCentral
CoolingCentral Air
MLS #A4577807
Lot Size0.76 Acres
StatusActive

About 3831 E Frst Lake Dr

Price Improvement! Listed below appraised value. Your chance to own 0.76 acres in the highly-sought after community of Old Forest Lakes has arrived. West of I-75 and located in the heart of Sarasota, this property sits waiting for your personal touch. This huge lot gives you plenty of space to add a pool/spa and create a backyard oasis suited to your liking. There is ample space for all the boat and R/V toys and a fenced area to store them in. With 5 bedrooms and 3 full bathrooms, there is enough room for everyone to have their own space. This house has the potential to have both a double master, AND an additional in-law suite. You can also use the bonus space for storage, an office, or extra living space. Expand on what's already there and complete the renovations needed, or start fresh and build your own custom dream home. Less than 5 miles from one of the top ranked beaches in the country, Siesta Key. Additionally, the legacy trail in only minutes away. Downtown Sarasota, St. Armands, other area beaches, and all the major shopping and restaurant hubs in Sarasota are also only a short drive away. Don't miss this opportunity to own this gem of a property in the beautiful Old Forest Lakes community.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida, Ranch
  • Year Built: 1954
  • Stories: 1
  • Living Area: 2,917 SqFt

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: Shana Hamel, PLLC

Interior Features

Interior Information:

  • Appliances: Disposal, Electric Water Heater
  • Flooring Type: Carpet, Concrete, Linoleum, Tile
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Mailbox, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Driveway, Garage Faces Side, Oversized

Virtual/3D Tour

  • Virtual Tour: 3831 E Frst Lake Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Landscaped, Near Public Transit, Oversized Lot, Private, Paved
  • Lot Size: 0.76 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Sarasota High School, Public District Grades 9-12
  • Brookside Middle School, Public District Grades 6-8
  • Wilkinson Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take I-75 to Bee Ridge Road and travel west. Turn right (north) onto Forest Lakes Drive. House in on the corner of Forest Lakes Drive and E. Forest Lakes Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $223/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

3831 E Frst Lake Dr vs Sarasota

298 DAYS ON ROCKET

+242 Days

$650,000

+$130.9K More

$223/SqFt

-$84 Less

KEY TAKEAWAY

This property is $130.9K more than the Median Sold Price and $84/SqFt less than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4577807

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: Shana Hamel, PLLC

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/20/2024, 11:49:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,332

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4690648
5
/10

  • Wilkinson Elementary School

  • 3400 Wilkinson Rd

  • 0.83 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4690649
5
/10

  • Brookside Middle School

  • 3636 S Shade Ave

  • 1.97 miles

  • Public District Grades 6-8

High School

school-card-donut-4690650
5
/10

  • Sarasota High School

  • 1000 S School Ave

  • 2.78 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,971. The most common annual income of people living in Sarasota, FL is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Sarasota, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Sarasota, FL?

Sarasota's housing market is diverse, offering a mix of single-family homes, condominiums, and townhouses that cater to a range of preferences and budgets. Architectural styles vary widely, with a notable presence of Mediterranean-inspired designs alongside modern and contemporary structures. The area has seen a steady growth in new developments, particularly in the condominium sector, which adds a modern touch to the city's skyline.

Is Sarasota, FL a good place to live?

Sarasota prides itself on its vibrant arts scene and cultural richness, with numerous galleries, theaters, and the renowned Ringling Museum of Art. The community's character is further enhanced by its proximity to pristine beaches and a variety of outdoor recreational activities, making it a desirable location for both retirees and families. Annual events like the Sarasota Film Festival and the Sarasota Music Festival celebrate the city's artistic heritage and community spirit.

Are things conveniently located in Sarasota, FL?

The city is served by a robust educational system, including multiple public and private schools that offer a range of educational programs. Sarasota Memorial Hospital stands as a major healthcare provider, offering comprehensive services from emergency care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and boutique shopping experiences.

What does the transportation in Sarasota, FL look like?

Sarasota's transportation network includes a variety of options for residents and visitors. The Sarasota County Area Transit (SCAT) provides bus services with routes covering key areas of the city. For those who prefer private transport, ride-sharing services like Uber and Lyft are readily available. The city is also connected by several major roads, including Interstate 75 and U.S. Route 41, facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are evident in the downtown area and along the scenic waterfront.

Frequently Asked Questions About 3831 E Frst Lake Dr

What is the listing price of this property?

The listing price of 3831 E Frst Lake Dr property is $650,000.

What type of property is this?

The property 3831 E Frst Lake Dr is a house located in Sarasota, Florida, 34232.

Is this property for sale now?

Active Listing: 3831 E Frst Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3831 E Frst Lake Dr are:
Wilkinson Elementary School: GreatSchools Rating 5/10
Brookside Middle School: GreatSchools Rating 5/10
Sarasota High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 3831 E Frst Lake Dr has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 3831 E Frst Lake Dr is 2,917 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3831 E Frst Lake Dr is 1954.

Rocket Homes›Florida›Sarasota County›Sarasota›34232›3831 E Frst Lake Dr

This home is located at 3831 E Frst Lake Dr in Sarasota, FL and zip code 34232. This 2,917 square foot home, which was built in 1954, sits on a 0.76 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 27, 2023 and is currently priced at $650,000.

In April 2024, from all listings sold in Sarasota, FL there were more than 41 sold above asking price, over 462 sold below and more than 90 were sold right at the asked price. Between March 2024 and April 2024, Sarasota, FL real estate market has seen decrease in the number of listings by 1.8%. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $519,031.

From Rocket Homes Real Estate and based on county public records data.

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