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5345 Lake Arrowhead Trl Unit 12, Sarasota, FL, 34231

$299,000

Home List Price

$3,551*

Closing Credit

2 Bedrooms
2 Full Baths
1,103 SqFt
$271/SqFt
Condo
Schools Nearby

Location

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5345 Lake Arrowhead Trl Unit 12, Sarasota$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Guest
Year Built1981
HeatingElectric
CoolingCentral Air
ViewWater
MLS #A4604942
Lot Size7.84 Acres
StatusActive

About 5345 Lake Arrowhead Trl Unit 12

INVESTOR ALERT! OR BUYER with flexible move in date! This 2/2 condo has a FABULOUS lanai with perhaps the BEST VIEW of the lake. It is vacant due to pending reconstruction and repair. When completed, it will have new drywall, ceilings, and kitchen cabinets, done by the Association. Here's your chance to GRAB A REAL BARGAIN, choose your flooring to complete the reno, then move in, or rent it, or relist it! Lake Arrowhead is a hidden gem tucked away in a peaceful setting amidst tropical foliage, with a resort style pool and a key west style clubhouse. NOT a 55+ community. Ideal location, only minutes to Siesta Key, GulfGate, and all that Sarasota offers! Book your showing soon, before the reconstruction begins, or someone else snaps it up!

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Stories: 1
  • Living Area: 1,103 SqFt

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 486-8686
  • Listing Agent: Susan Honsberger

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Water
  • Exterior: Irrigation System, Lighting, Rain Gutters, Sliding Doors

Parking Information:

  • Parking: Assigned, Covered, Guest

Virtual/3D Tour

  • Virtual Tour: 5345 Lake Arrowhead Trl Unit 12

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 7.84 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • 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: BENEVA ROAD south of Proctor. From Beneva turn west (right) onto Lake Arrowhead Trail. (Lake Arrowhead Trail is just past the Red Bug Slough Park). ONE Way Direction after entrance to Lake Arrowhead.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $271/SqFt
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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

$513.2K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

531

5345 Lake Arrowhead Trl Unit 12 vs Sarasota

31 DAYS ON ROCKET

-31 Days

$299,000

-$214.2K Less

$271/SqFt

-$34 Less

KEY TAKEAWAY

This property is $214.2K less than the Median Sold Price and $34/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: #A4604942

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 486-8686
  • Listing Agent: Susan Honsberger

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: 4/26/2024, 11:49:16 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

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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-986605
5
/10

  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 1.17 miles

  • Public District Grades PK-5

Middle School

school-card-donut-986606
5
/10

  • Brookside Middle School

  • 3636 S Shade Ave

  • 2.30 miles

  • Public District Grades 6-8

High School

school-card-donut-986607
6
/10

  • Riverview High School

  • 1 Ram Way

  • 1.28 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,385. Residents of Sarasota, FL typically earn between $35k-100k each year. Most 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

Frequently Asked Questions About 5345 Lake Arrowhead Trl Unit 12

What is the listing price of this property?

The listing price of 5345 Lake Arrowhead Trl Unit 12 property is $299,000.

What type of property is this?

The property 5345 Lake Arrowhead Trl Unit 12 is a condo located in Sarasota, Florida, 34231.

Is this property for sale now?

Active Listing: 5345 Lake Arrowhead Trl Unit 12 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5345 Lake Arrowhead Trl Unit 12 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 5345 Lake Arrowhead Trl Unit 12 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5345 Lake Arrowhead Trl Unit 12 is 1,103 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5345 Lake Arrowhead Trl Unit 12 is 1981.

Rocket Homes›Florida›Sarasota County›Sarasota›34231›5345 Lake Arrowhead Trl Unit 12

This home is located at 5345 Lake Arrowhead Trl Unit 12 in Sarasota, FL and zip code 34231. This 1,103 square foot home, which was built in 1981, sits on a 7.84 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $299,000.

Over 30 listings were sold over their listed price in March 2024 in Sarasota, FL. In the same period over 414 listings were sold below the listed price and 87 listings were sold for the listed price. The inventory of homes for sale in Sarasota, FL between February 2024 and March 2024 increased by 3.8%. In March 2024 median list price was $513,207 and the average listing age was 62 days.

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

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