Condominium at 5231 LAKE VILLAGE DR #27, SARASOTA
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$245,000

5231 LAKE VILLAGE DR #27
SARASOTA, FL 34235
Listed by Ciro Rocco · PREFERRED SHORE LLC
Bedrooms
2
Bathrooms
2
Living area
1,065 sqft
Year built
1983

About this home

Short Sale. Experience a turnkey, lock & Leave - refined First floor residence featuring 2 bedrooms and 2 bathrooms at 5231 Lake Village Dr, offering 1,178 sq. ft. of living space in one of Sarasota’s most established, canopy-shaded neighborhoods. Meticulously maintained and move-in ready, the interior features sophisticated updates, including crown molding and custom cabinetry, with a layout that flows into an intentional dining space and a glass-enclosed, professionally landscaped lanai, your private lake view sanctuary for morning coffee overlooking the water. Perfectly positioned for the discerning buyer, the home offers effortless convenience at the nexus of Sarasota’s key corridors, just 10 minutes from the University Town Center (UTC) district and a direct 15-minute commute to the cultural heart of downtown Sarasota. This residence offers a rare opportunity to own in a master-planned community celebrated for its timeless charm and preserved green spaces; we invite you to contact us today to coordinate a private viewing of this lakeside gem. Virtual 3D Tour Available!

Property details

MLS #
MFRA4699351
Property type
Condominium
Subdivision
VILLAGE LAKE
Status
Active
Days on market
72
On market date
July 8, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
6.74 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
SARASOTA ACADEMY OF THE ARTS
2.02 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
181
Student:teacher ratio
11.3:1
District
SARASOTA
Middle
MCINTOSH MIDDLE SCHOOL
2.44 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
846
Student:teacher ratio
16.9:1
District
SARASOTA
High
SARASOTA COUNTY ACCELERATION ACADEMIES
2.6 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
127
Student:teacher ratio
42.3:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

49
Somewhat walkable
out of 100
EPA National Walkability Index
11.2 / 20 -- Above average walkable
Google Places amenity density
38 / 100
Restaurants & cafes6
Grocery stores0
Parks8
Schools1
Transit stops1
Pharmacies0

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 72 days -- 101 fewer days than SARASOTA's current average of 173 days.
For reference, the median list price across 4,478 active listings in SARASOTA right now is $350,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,625/mo
$49,000 down
$196,000 loan
Principal & interest$1,271
Property tax (est.)$204
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 25 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.