Price Reduction - Water Views
Address
5345 Lake Arrowhead TRAIL #12, SARASOTA, FL
Price
$ 265,000
Property Attributes
- MLS#A4604942
- TypePending
- CountySARASOTA
- CitySARASOTA
- AreaSarasota-Gulf Gate Branch
- NeighborhoodLake Arrowhead
- Zip34231
- StyleCondominium
- Year Built1981
- Taxes$ 1278
- Price$ 265,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1103
- Lot Size7.84 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. ONLY ACTIVE LISTING at Lake Arrowhead! It's such a desirable location and community, it's no surprise there are now no other listings at Lake Arrowhead. Here's your opportunity to BUY LOW and REMODEL with your vision! 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 NOW VACANT due to pending reconstruction. (Photos show condo when it was furnished and occupied). When the floor trusses repair work is completed it will be an empty shell and ready for YOUR TOTAL REMODELING. Design your condo interior the way you want! 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 (estimated start date is mid June).
| Elementary School | Middle School | High School |
|---|---|---|
| Gulf Gate Elementary | Brookside Middle | Riverview High |
| Price History | |
|---|---|
| 3/27/2024 | Listed $299,000 |
| 4/29/2024 | 9% - $275,000 |
| 6/6/2024 | 4% - $265,000 |
General Features
| Interior Features | Ceiling Fan(s),Eating Space In Kitchen,Living Room/Dining Room Combo,Walk-In Closet(s),Window Treatments |
|---|---|
| Sewer | Public Sewer |
| Heating | Electric |
| Cooling | Central Air |
| Utilities | BB/HS Internet Available,Cable Connected,Electricity Connected,Street Lights,Water Connected |
| Roof | Shingle |
| Appliances | Electric Water Heater |
| Exterior Features | Irrigation System,Lighting,Rain Gutters,Sliding Doors |
| Zoning | RMF2 |
| Association Fee Includes | Cable TV,Community Pool,Escrow Reserves Fund,Fidelity Bond,Maintenance Structure,Maintenance Grounds,Manager,Pest Control,Private Road,Trash |
| Patio/Porch Features | Covered,Enclosed,Patio,Screened |
| Pool Features | Heated,In Ground,Lighting |
| Construction Materials | Cement Siding,Stucco,Wood Siding |
| Pets Allowed | Size Limit,Yes |
| Year Built | 1981 |
| View | Water |
| Levels | One |
| Unit Number | 12 |
| Property SubType | Condominium |
| Tax Year | 2023 |
| Percent Ownership | Condominium |
| Community Features | Fishing,Clubhouse,Deed Restrictions,No Truck/RV/Motorcycle Parking,Pool |
| County | Sarasota |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | Yes |
| Subdivision Name | LAKE ARROWHEAD |
| Facing Direction | East |
| Garage Y/N | No |
| Total Rooms | 6 |
| Status | Pending |
| 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. |
| ModificationTimestamp | 2024-06-18T02:17:13.250Z |
| High School | Riverview High |
| City | SARASOTA |
| Buyer Agent Compensation | 2.5% |
| Association Name | James |
| View Y/N | Yes |
| Senior Community Y/N | No |
| MLS Area | 34231 - Sarasota/Gulf Gate Branch |
| Lot Size Units | Acres |
| Lot Size Square Feet | 341604 |
| Waterfront Y/N | No |
| Carport Spaces | 1 |
| Carport Y/N | Yes |
| Elementary School | Gulf Gate Elementary |
| Land Lease Y/N | No |
| Tax Annual Amount | 1278.42 |
| Middle/Junior High School | Brookside Middle |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | Yes |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4604942 |
| Days on Market | 83 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Occupancy Type | Vacant |
| Tax Lot | 12 |
| Legal Description | UNIT 12 BLDG 3 LAKE ARROWHEAD |
| Water View | Lake |
| Pet Size Limit | Very Small (Under 15 Lbs.) |
| Minimum Lease | 1-2 Years |
| Water Access Y/N | No |
| Monthly Condo Fee Amount | 496 |
| Water View Y/N | Yes |
| Flood Zone Code | X |
Interior Features
| Flooring | Carpet,Tile |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 2 |
| Laundry Features | Inside,Laundry Closet |
| Total Bedrooms | 2 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
Exterior Features
| Parking Features | Assigned,Covered,Guest |
|---|---|
| Water Source | Public |
| Lot Size Area | 7.8421 |
| Foundation Details | Pillar/Post/Pier |
| Building Area Total | 1296 |
| Lot Size Acres | 7.84 |
| Road Surface Type | Asphalt |
| Covered Spaces | 1 |
| Road Responsibility | Private Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 34231
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on July 1, 2024 7:34 AM UTC
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