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$267,500

5178 LAKE VILLAGE DRIVE UNIT 86, SARASOTA, FL 34235

Active84 days on market

Beds

2

Baths

2

Sq Ft

1,065 sq ft

Year Built

1981

Lot Size

—

Garage

—

About This Property

Seller may consider owner financing, or lease purchase. Experience peaceful Florida living in this beautifully maintained 2 bedroom condo in the sought-after Village Lake community of The Meadows. Overlooking a tranquil lake, this inviting residence offers stunning water views from the private screened lanai - the perfect place to enjoy your morning coffee or unwind while watching the sunset. The light-filled floor plan features complete remodel, new kitchen and stainless appliance package, a spacious primary suite with updated shower and vanity, and an ideal layout with luxury vinyl plank flooring throughout for both everyday living and entertaining. The Meadows is surrounded by mature landscaping, lakes and scenic walking paths. Village Lake provides a quiet, maintenance-free lifestyle with access to community amenities. Ideally located just minutes from downtown Sarasota, UTC shopping, championship golf, dining, cultural attractions, and the world-renowned beaches of Florida's Gulf Coast, this condo offers the perfect blend of serenity and convenience. Whether you're searching for a year-round residence, seasonal retreat, or investment opportunity, this lakefront gem is ready to welcome you home.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4699937
StatusActive
Year Built1981
Stories1
Total Rooms6
ConstructionBlock, Stucco
RoofTile
FoundationSlab
FacesWest
SubdivisionVILLAGE LAKE
CountySarasota
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat
FlooringLuxury Vinyl, Tile
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
LaundryInside, Laundry Closet
WindowsBlinds
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorSliding Doors
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected, Sewer Connected

Parking

GarageNo

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$267,500
Original Price$279,900
Annual Taxes$2,816 (2025)
FinancingCash, Conventional, Lease Purchase, Owner May Carry
ZoningRSF2
Parcel #0034081086

Schools

ElementaryGocio Elementary
MiddleBooker Middle
HighBooker High

Directions

Honore to Taywood Meadow to the circle and Village Lake is on right. Take right as entering complex unit is upstairs, unit 5178.

Location

5178 LAKE VILLAGE DRIVE UNIT 86, SARASOTA, FL 34235

Listing Information

OfficeREALTY SERVICES INC
ListedJuly 14, 2026

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Home Price

$267,500

20% ($53,500)
6.75%

Loan Term

Principal & Interest$1,388
Property Tax (est.)$245
Insurance (est.)$150
Total Monthly$1,783
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $267,500 home in SARASOTA.

🏦

Conventional

$13,375 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 29, 2026.

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