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505 E Lake Drive

SARASOTA, FL 34232

4 beds
3 baths
2,000 sqft
15,215 sqft lot
$299 per sqft
1962 build
– on site

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!

Listing courtesy of STELLAR_MLS / EXP REALTY LLC

Last checked: Checking… • Last updated Apr 29, 2024 •

MLS# A4606795 —

The Building

Year Built:

1962
New Construction:

false
Construction Materials:

Block
Architectural Style:

Bungalow
Building Area Total:

2242
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
Patio And Porch Features:

Covered

Interior

Interior Features:

Ceiling Fan(s)
Additional Rooms:

Bonus Room
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

2000
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

McIntosh to East on North Lake. Right on East Lake, home on the left.
Latitude:

27.331785
Longitude:

-82.475432
Coordinates:

-82.475432, 27.331785

The Property

Parcel Number:

0045140004
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Features:

In County
Lot Size Acres:

0.35
Lot Size SqFt:

15215
Lot Size Area:

15215
Lot Size Units:

Square Feet
Zoning:

RSF1
View:

Pool
Direction Faces:

West
Exterior Features:

Lighting
Fencing:

Fenced
Water Source:

Well
Total Acres:

1/4 to less than 1/2
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

x
Homestead:

false
Lease Restrictions:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

3
Tax Annual Amount:

6315
Tax Legal Description:

LOT 99 SHERWOOD ESTATES UNIT 3

Beds

Bedrooms Total:

4

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Virtual Tour URL Unbranded:

https://www.zillow.com/view-imx/e988e431-ed07-4bfa-ad01-d5a563d6f2cc?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

3%

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Aerobic Septic

Appliances

Appliances:

Dishwasher
Laundry Features:

Laundry Closet

Schools

Elementary School:

Fruitville Elementary
Middle Or Junior School:

McIntosh Middle
High School:

Sarasota High

The Community

Subdivision Name:

SHERWOOD ESTATES
Senior Community:

false
Community Features:

Deed Restrictions
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

true
Pool Dimensions:

30' x 25'
Pool Features:

Gunite
Pets Allowed:

Yes
Association:

true
Association Fee:

65
Association Fee Frequency:

Annually
Association Fee Requirement:

Required
Monthly HOA Amount:

5.42
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Garage Dimensions:

20x20
Carport:

false
Covered Spaces:

2
Open Parking:

true
Parking Features:

Boat

Monthly cost estimate

Asking price

$599,000

Expense	Monthly cost
Mortgage	$3,207
Taxes	$526
Insurance	$164
HOA fees	$5
Utilities	$171 See report
Total	$4,073/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/22/24 Apr 22, 2024	Price Changed	STELLAR_MLS	$599,000	-3.2%
4/10/24 Apr 10, 2024	Listed / Active	STELLAR_MLS	$619,000	282.1% (30.2% / YR)
12/12/14 Dec 12, 2014		STELLAR_MLS	$162,000

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Similar sold homes

This house located in Sherwood Estates, Fruitville, FL 34232 is currently for sale for $599,000. 505 E Lake Drive is a 2,000 square foot house with 4 beds and 3 baths that has been on Estately for 21 days. 505 E Lake Drive is in the Sherwood Estates neighborhood of Fruitville and has a WalkScore® of 13, making it car-dependent. This house is in the attendance area of Mcintosh Middle School, Fruitville Elementary School, and Sarasota High School.

Listing Courtesy of: STELLAR_MLS and EXP REALTY LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.