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$345,000

5182 LANCEWOOD DRIVE UNIT 14, SARASOTA, FL 34232

Active84 days on market

Beds

3

Baths

3

Sq Ft

1,923 sq ft

Year Built

1982

Lot Size

—

Garage

—

About This Property

Beautifully updated 3-bedroom + loft, 3 full bath townhome located in the desirable Arboreal community in the heart of Midtown Sarasota. Thoughtfully redesigned from top to bottom, this home showcases exceptional craftsmanship and custom finishes throughout. The spacious living area features soaring cathedral ceilings enhanced with skylights, exposed beam accents, custom wood ceiling details, a striking brick accent wall surrounding the wood-burning fireplace, and handcrafted red oak and aluminum stair railings imported from Sweden. Tile flooring extends throughout the home, complemented by updated lighting, glass interior doors, and a fresh, modern aesthetic. The kitchen blends style and functionality with solid wood cabinetry featuring soft-close drawers, Silverstone "Brooklyn" countertops, a custom tile backsplash, stainless steel appliances including an LG induction cooktop and oven, a breakfast bar, and a Bosch washer and dryer. The primary suite offers vaulted ceilings and an expanded layout, creating a comfortable retreat. The ensuite bathroom includes a spacious walk-in shower with both rain and handheld showerheads, a folding bench, bidet, dual sinks, a solid wood vanity topped with marble, and a lighted smart mirror with an integrated makeup mirror. Two additional bathrooms have also been tastefully updated. One features a granite-topped vanity, jetted soaking tub with a dedicated water heater, and a custom glass shower enclosure, while the third bath has also received stylish upgrades. Arboreal is a peaceful, pet-friendly community of just 30 residences surrounded by mature oak trees and tropical landscaping. Residents enjoy access to a clubhouse with an expansive screened community pool, and a tennis court, all while being conveniently located near Sarasota's shopping, dining, parks, and cultural attractions. This is a wonderful opportunity to own a thoughtfully updated home in one of Sarasota's most charming communities. Schedule your private showing today.

Property Overview

Property TypeResidential
Sub TypeTownhouse
MLS #A4699852
StatusActive
Year Built1982
Stories2
Total Rooms7
ConstructionStucco
RoofShingle
FoundationSlab
FacesSouthwest
SubdivisionARBOREAL PH 1
CountySarasota
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
FlooringVinyl
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
LaundryIn Kitchen, Laundry Closet
CoolingCentral Air
HeatingCentral, Electric
FireplaceYes ()

Exterior & Lot

ExteriorLighting, Rain Gutters, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
Lot FeaturesIn County, Sidewalk
Road SurfacePaved, Asphalt
ViewTrees/Woods
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$345,000
Original Price$375,000
Annual Taxes$3,043 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRSF3
Parcel #0062081014

Schools

ElementaryBrentwood Elementary
MiddleMcIntosh Middle
HighSarasota High

Directions

I-75 north, exit Bee Ridge Rd west, right on Honore Ave, left of Webber St, right on Arboretum Cir, right on Lancewood Dr

Location

5182 LANCEWOOD DRIVE UNIT 14, SARASOTA, FL 34232

Listing Information

OfficeRE/MAX ALLIANCE GROUP
ListedJuly 14, 2026

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Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$345,000

20% ($69,000)
6.75%

Loan Term

Principal & Interest$1,790
Property Tax (est.)$316
Insurance (est.)$150
Total Monthly$2,256
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $345,000 home in SARASOTA.

🏛️

FHA Loan

$12,075 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$17,250 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information 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. Data last updated: September 28, 2026.

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