1 month on rocket

Sale Pending

5218 Lake Arrowhead Trl Unit 28A, Sarasota, FL, 34231

$340,000

Home List Price

$4,038*

Closing Credit

3 Bedrooms
3 Full Baths
1,778 SqFt
$191/SqFt
Condo
Schools Nearby

Location

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5218 Lake Arrowhead Trl Unit 28A, Sarasota$340,000

Buyer Closing Credits

$4,038*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1983
HeatingCentral
CoolingCentral Air
WaterfrontPond
ViewWater
MLS #A4603975
StatusSale Pending
(Pending)

About 5218 Lake Arrowhead Trl Unit 28A

Under contract-accepting backup offers. Welcome to your tranquil oasis nestled in the heart of Sarasota! This exquisite three-bedroom, three-bathroom home offers an unparalleled sense of privacy and serenity in a coliving environment, ensuring each occupant has their own personal haven for rest and relaxation. As you step inside, you're greeted by an atmosphere of modern elegance, with brand new flooring, 2023 roof and freshly painted walls enhancing the bright and airy ambiance. The layout is thoughtfully designed to provide distinct living spaces, allowing each resident to enjoy their own area of the home in peace and quiet. The bedrooms boast stunning views of the surrounding nature and water, offering a picturesque backdrop for moments of contemplation and rejuvenation. Whether you're admiring the lush greenery or gazing out over the tranquil waters, each room provides a unique vantage point to connect with the beauty of the outdoors. Outside, the community amenities beckon you to unwind and socialize. Spend leisurely afternoons lounging by the sparkling pool, or take a stroll along the dock to soak in the serene waterfront vistas. The clubhouse offers a welcoming space for gatherings and entertainment, providing opportunities to connect with neighbors and friends. Adjacent to the property lies the captivating Red Bug Slough Park, inviting you to explore its winding trails and lush landscapes. Immerse yourself in nature, breathe in the fresh air, and feel the rejuvenating effects on your health and well-being. When you're ready for a beach day, check out the pristine shores of Sarasota. Sink your toes into the cool, soft powder sugar sand and immerse yourself in the crystal-clear waters of the Gulf. Experience the ultimate in coastal living, where every day feels like a vacation. Don't miss your chance to experience the perfect blend of modern luxury and natural beauty in this exceptional Sarasota home. Schedule your showing today and discover your own slice of paradise!

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 2
  • Living Area: 1,778 SqFt

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Jessica Peterson

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Carpet, Tile, Vinyl
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Pond
  • View: Water
  • Exterior: Sliding Doors

Lot Features

Lot Information:

  • Lot: Landscaped

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Riverview High School, Public Magnet Grades 9-12
  • Brookside Middle School, Public District Grades 6-8
  • Gulf Gate Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: I75 to S Beneva Rd in South Gate Ridge. Continue on S Beneva Rd. Drive to Lake Arrowhead Trail in Gulf Gate Estates. When enter community must go to the left since it is a one way loop

Price Information

Listing Price Info

Price Summary:

  • List Price: $340,000
  • Price Per SqFt: $191/SqFt
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Housing Market Comparison

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

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

5218 Lake Arrowhead Trl Unit 28A vs Sarasota

51 DAYS ON ROCKET

-5 Days

$340,000

-$179K Less

$191/SqFt

-$116 Less

KEY TAKEAWAY

This property is $179K less than the Median Sold Price and $116/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: #A4603975

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Jessica Peterson

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: 5/9/2024, 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

$1,764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,086

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-9702044
5
/10
  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 1.17 miles

  • Public District Grades PK-5

Middle School

school-card-donut-9702045
5
/10
  • Brookside Middle School

  • 3636 S Shade Ave

  • 2.30 miles

  • Public District Grades 6-8

High School

school-card-donut-9702046
6
/10
  • Riverview High School

  • 1 Ram Way

  • 1.28 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,385. Typical income of Sarasota, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5218 Lake Arrowhead Trl Unit 28A

What is the listing price of this property?

The listing price of 5218 Lake Arrowhead Trl Unit 28A property is $340,000.

What type of property is this?

The property 5218 Lake Arrowhead Trl Unit 28A is a condo located in Sarasota, Florida, 34231.

Is this property for sale now?

Sale Pending: 5218 Lake Arrowhead Trl Unit 28A is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5218 Lake Arrowhead Trl Unit 28A are:
Gulf Gate Elementary School: GreatSchools Rating 5/10
Brookside Middle School: GreatSchools Rating 5/10
Riverview High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 5218 Lake Arrowhead Trl Unit 28A has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5218 Lake Arrowhead Trl Unit 28A is 1,778 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5218 Lake Arrowhead Trl Unit 28A is 1983.

Rocket Homes›Florida›Sarasota County›Sarasota›34231›5218 Lake Arrowhead Trl Unit 28A

This home is located at 5218 Lake Arrowhead Trl Unit 28A in Sarasota, FL and zip code 34231. This 1,778 square foot home was built in 1983. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $340,000.

Over 41 listings were sold over their listed price in April 2024 in Sarasota, FL. In the same period over 462 listings were sold below the listed price and 90 listings were sold for the listed price. The inventory of homes for sale in Sarasota, FL between March 2024 and April 2024 decreased by 1.8%. In April 2024 median list price was $519,031 and the average listing age was 56 days.

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

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