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5345 Lake Arrowhead Trail Unit 12

SARASOTA, FL 34231

2 beds
2 baths
1,103 sqft
~8 acre lot
$271 per sqft
1981 build
– on site

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!

Listing courtesy of STELLAR_MLS / RE/MAX ALLIANCE GROUP

Last checked: Checking… • Last updated Apr 25, 2024 •

MLS# A4604942 —

The Building

Year Built:

1981
New Construction:

false
Construction Materials:

Cement Siding
Building Area Total:

1296
Levels:

One
Stories Total:

1
Unit Number:

12
Floor Number:

1
Building Elevator:

false
Roof:

Shingle
Foundation Details:

Pillar/Post/Pier
Patio And Porch Features:

Covered

Interior

Interior Features:

Ceiling Fans(s)
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

1103
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

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.
Latitude:

27.27583
Longitude:

-82.49884
Coordinates:

-82.49884, 27.27583

The Property

Parcel Number:

0088011023
Property Type:

Residential
Property Sub Type:

Condominium
Lot Size Acres:

7.84
Lot Size Square Feet:

341604
Lot Size Area:

7.8421
Lot Size Units:

Acres
Zoning:

RMF2
View:

Water
Direction Faces:

East
Exterior Features:

Irrigation System
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Homestead:

true
Lease Restrictions:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

12
Tax Block:

3
Tax Book Number:

16-33
Tax Annual Amount:

1278.42
Tax Legal Description:

UNIT 12 BLDG 3 LAKE ARROWHEAD

Beds

Bedrooms Total:

2

Baths

Bathrooms Total:

2
Bathrooms Total:

2
Bathrooms Full:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4604942
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

2.5%

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

Schools

Elementary School:

Gulf Gate Elementary
Middle Or Junior School:

Brookside Middle
High School:

Riverview High

The Community

Subdivision Name:

LAKE ARROWHEAD
Senior Community:

false
Community Features:

Fishing
Water View:

Lake
Water View:

true
Water Access:

false
Water Extras:

Fishing Pier
Waterfront:

false
Pool Private:

false
Pool Features:

Heated
Pets Allowed:

Size Limit
Pet Restrictions:

See Rules & Regs.
Number Of Pets:

1
Max Pet Weight:

20
Association:

true
Association Fee Includes:

Cable TV
Association Fee Requirement:

None
Condo Fees:

496
Condo Fees Term:

Monthly
Monthly Condo Fee Amount:

496
Ownership:

Condominium
Association Approval Required:

true

Parking

Garage:

false
Carport:

true
Carport Spaces:

1
Covered Spaces:

1
Parking Features:

Assigned

Monthly cost estimate

Asking price

$299,000

Expense	Monthly cost
Mortgage	$1,601
Taxes	$106
Insurance	$82
Utilities	$111 See report
Total	$1,900/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price
3/26/24 Mar 26, 2024	Listed / Active	STELLAR_MLS	$299,000
12/8/22 Dec 8, 2022	Price Changed	STELLAR_MLS
12/2/22 Dec 2, 2022	Relisted	STELLAR_MLS

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This condo located in South Gate Ridge, FL 34231 is currently for sale for $299,000. 5345 Lake Arrowhead Trail Unit 12 is a 1,103 square foot condo with 2 beds and 2 baths that has been on Estately for 32 days. This condo is in the attendance area of Gulf Gate Elementary School, Riverview High School, and Brookside Middle School.

Listing Courtesy of: STELLAR_MLS and RE/MAX ALLIANCE GROUP.

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.