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$225,000

5221 LAKE VILLAGE DRIVE UNIT 24, SARASOTA, FL 34235

3D Tour
Active109 days on market

Beds

2

Baths

2

Sq Ft

1,065 sq ft

Year Built

1981

Lot Size

0.20 acres

Garage

—

About This Property

Imagine starting every morning with peaceful lake views, gentle breezes, and the tranquility of waterfront living right from your own screened lanai. Nestled in the desirable Lake Village community, this beautifully maintained condo offers the perfect blend of comfort, convenience, and the relaxed Sarasota lifestyle buyers are searching for. Step inside to discover a spacious, light-filled floor plan designed for easy living and effortless entertaining. The expansive living and dining areas flow seamlessly together, creating an inviting space for gathering with family and friends while large sliding glass doors frame the stunning water views beyond. The oversized screened lanai feels like an extension of the home, providing the perfect place to enjoy your morning coffee, unwind after a day of shopping or exploring Sarasota, or simply soak in the serene lakefront setting. The kitchen offers abundant cabinetry, generous counter space, and a cozy breakfast nook, making meal preparation both convenient and enjoyable. The thoughtful split-bedroom layout provides privacy for everyone, with a spacious primary suite that serves as a peaceful retreat featuring ample closet space and an en-suite bath. The guest bedroom is generously sized and ideal for visiting family, friends, or a home office. Beyond the home itself, the location is truly hard to beat. Just minutes from The Mall at University Town Center, you'll have access to some of Sarasota's best shopping, dining, entertainment, and everyday conveniences. Whole Foods, Fresh Market, Benderson Park, countless restaurants, golf courses, medical facilities, and downtown Sarasota are all within easy reach. Spend your mornings shopping at UTC, your afternoons exploring St. Armands Circle, and your evenings enjoying dinner downtown before returning home to the peaceful setting of your lakeside retreat. Whether you're looking for a full-time residence, seasonal getaway, or investment opportunity, this condo delivers the maintenance-free Florida lifestyle buyers want in one of Sarasota's most convenient and sought-after locations. With beautiful water views, generous living space, and easy access to Sarasota's top destinations, this is an opportunity you won't want to miss.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #C7527429
StatusActive
Year Built1981
Stories1
Total Rooms3
ConstructionBlock, Stucco
RoofTile
FoundationSlab
FacesNorth
SubdivisionVILLAGE LAKE
CountySarasota
OwnershipCondominium
FurnishedTurnkey

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Open Floorplan, Thermostat, Window Treatments
FlooringCarpet, Laminate
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
LaundryElectric Dryer Hookup, Inside, Washer Hookup
WindowsBlinds
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorLighting, Private Entrance, Rain Gutters, Sidewalk, Sliding Doors
Lot Size0.20 acres (8,712 sq ft)
Lot FeaturesLandscaped, Sidewalk
Road SurfacePaved, Asphalt
ViewWater
0

Waterfront

WaterfrontYes
FeaturesLake, Lake Front

Utilities

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

Parking

GarageNo

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$225,000
Original Price$235,000
Annual Taxes$1,380 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRSF2
Parcel #0034081024

Schools

ElementaryGocio Elementary
MiddleBooker Middle
HighBooker High

Directions

Take Exit 213 for University Parkway. Head west on University Parkway toward Sarasota. Turn left onto Honore Avenue. Continue south on Honore Avenue. Turn left onto Taywood Meadow (entrance into The Meadows). At the roundabout, take the exit into Village Lake. Follow Lake Village Drive to 5221 Lake Village Drive, Unit 24.

Location

5221 LAKE VILLAGE DRIVE UNIT 24, SARASOTA, FL 34235

Listing Information

OfficeRE/MAX ALLIANCE GROUP
ListedJune 19, 2026

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Home Price

$225,000

20% ($45,000)
6.75%

Loan Term

Principal & Interest$1,167
Property Tax (est.)$206
Insurance (est.)$150
Total Monthly$1,524
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $225,000 home in SARASOTA.

🏛️

FHA Loan

$7,875 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

$11,250 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 2, 2026.

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