Residential Property - Single Family Residence in Sarasota
Listing Price: $329,900 (Mortgage Calculator →)
Description of Property
Incredible opportunity in one of Sarasota’s most convenient and established neighborhoods—Lake Sarasota! This 2-Bedroom, 2-Bath Single-Family Home offers: 1,388 sq ft of living space, a 2-Car Garage, and a generous 70’ x 132’ Lot. The property NEEDS a FULL UPDATE, including a new roof and new water heater, making it perfect for buyers seeking a RENOVATION PROJECT, INVESTMENT POTENTIAL, OR a sweat-equity opportunity. With solid bones, a flexible layout, and strong resale values in the area, this home is ready to be revitalized and customized to your vision. ***This home should qualify for FANNIE MAE HOMESTYLE or FHA 203K RENOVATION type loans with as little as a 3% downpayment. You could build the improvement costs into the loan. A licensed contractor would be required.*** Inside, you’ll find a traditional floor plan with two spacious bedrooms, two full bathrooms, a living room, a larger family room, dedicated laundry room, plus covered Florida room that offers plenty of potential to open up the space or modernize the layout. Whether you’re planning a full remodel or simply updating finishes, the home provides an excellent foundation for transformation. The 2-car garage offers valuable storage, workspace, or future expansion possibilities. The oversized lot gives you space to enhance curb appeal, create outdoor living areas, or even add a pool. Lake Sarasota is known for its central location and welcoming community feel. With NO mandatory HOA and NO DEED RESTRICTIONS, homeowners have flexibility while enjoying the benefits of an established neighborhood. The area features a DOG PARK, DISC GOLF COURSE, and a KAYAK LAUNCH into Lake Sarasota—perfect for outdoor enthusiasts. Nearby homes continue to be upgraded, helping maintain strong property values and making this location attractive to both first-time buyers and experienced renovators. The convenience of this location is hard to beat. Situated just east of I-75 off Bee Ridge Rd, you are minutes from top-rated Sarasota County schools, multiple shopping centers, restaurants, county parks, and essential services. Enjoy quick access to Siesta Key’s world-famous beaches, vibrant downtown Sarasota, SRQ International Airport, and the extensive retail and dining options at UTC Mall. You’re also close to major attractions, including the new Mote Marine Aquarium and Nathan Benderson Park—one of the nation’s premier aquatic and recreation venues. This property represents a rare chance to create value and design a home exactly the way you want it, all while being in a highly desirable location with exceptional proximity to everything Sarasota has to offer. Bring your vision, your creativity, and your plans—this Lake Sarasota home has the potential to become something truly special.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Lake Sarasota
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 2,220
Sq. Ft. Living Area: 1,388
Cost per (heated) sqare foot: $238
Year built: 1982
Annual Tax: $1,554
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Fireplace: Yes
Fireplace Features: Wood Burning
Additional Rooms: Family Room
Flooring: Tile
Schools
Elementary School: Lakeview Elementary
Middle/Junior High School: Sarasota Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 2
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Deck
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.21
Lot Size (sq. ft.): 9,235 square feet
Front Exposure: North
Legal Description & Other Information
Financing Available: FHA
Parcel Number: 0261150085
Zoning: RSF3
Tax Legal Desc.: LOT 826 LAKE SARASOTA UNIT 9
Section: 6
Range: 19E
Listing courtesy of MEDWAY REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.