516 E Lake Dr

Sarasota, FL 34232 View Map $699,999 Schedule a Tour

Eve Alexander

(727) 202-9130

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UPDATED: 516 E Lake Dr Sarasota, FL 34232 single family home for sale, MLS#A4583345 - Tampa Buyers Broker
Status: Active
Property Type:Single Family Home
MLS #:A4583345
Sq. Feet:2,362
On Site:69 Days
Lot Size:14,605 Sq. Ft.
Monthly HOA:$10
Kayak, Paddle Board and Fish right from your Private Dock! Serene, timeless and updated spacious pool home overlooks an astonishing, picturesque Lake, boasting gorgeous Sunsets! The added attraction for this unique, Old Florida neighborhood boasts No Mandatory community Fees! Buyers who are looking for extra room for their cars, vehicles, boats, or R/V, this unique community is close to the hub of Sarasota, conveniently located near Schools, Shopping, Major Roadways and minutes from the many pristine Beaches along the Gulf of Mexico, is a rare find! The charming primary and guest bedrooms overlook the pool and lake, adding a peaceful start to your day. The third room opens up to a huge family room complete with wood-burning fireplace and loads of storage and one closet is actually large enough that serves as the current owner's in-home office. The spaces linking the 3rd bedroom, family room and closets could easily be reconfigured to become an enormous primary en-suite complete with fireplace. Both bathrooms and the kitchen have been updated and there are neutral tile floors found throughout the home. An added bonus is a breakfast room off of the kitchen leading the way to a large Laundry room complex with a wall of storage cabinets and a new wine refrigerator, transitioning to the new two-car garage. If you have a large family or invite many guests, the huge enclosed lanai with pool with brand new motor and filter along with the generous landscaped grounds with Fenced Yard offers privacy and opportunities for countless outdoor activities and all kinds of water sports. Entertain, relax and become the next homeowner of this wonderful opportunity! Looking for the perfect California-Florida Home?
Our attachments provide the recent updates that include a brand new Pool Motor and filter, New water filter system replaced, New flat Roof replaced in April, House recently painted, and Bahama Shutters added inside and outside.

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Community Information

Address:516 E Lake Dr, Sarasota, FL 34232
Area:34232 - Sarasota/Fruitville
Body of Water:Lake Sherwood
Subdivision:Sherwood Estates 2
Zip Code:34232


Bedrooms: 3
Bathrooms: 2
Year Built:1960
Style:Florida, Traditional
Construction Materials: Block, HardiPlank Type, Stucco
Construction Status: Completed
Flooring Types: Ceramic Tile, Laminate
Roof: Built-Up, Shingle
Foundation: Block, Slab
Garage Spaces: 2
Parking Features: Off Street

Features / Amenities

Interior Features: Ceiling Fans(s), L Dining, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
Fireplace Features: Family Room, Wood Burning
Flooring: Ceramic Tile, Laminate
Laundry: Inside, Laundry Room
Additional Rooms: Breakfast Room Separate, Inside Utility, Storage Rooms
Exterior Features: Garden, Irrigation System, Lighting, Private Mailbox, Sliding Doors, Storage
Patio And Porch: Covered, Enclosed, Front Porch, Patio, Rear Porch, Screened
Screened Patio / Porch / Deck: Yes
Pool: Heated, In Ground, Screen Enclosure, Solar Heat
Green Energy Efficient: Pool, Roof
Green Energy Generation: Solar
Other Structures: Shed(s)
Window: Shutters
Garage Spaces: 2
Parking: Off Street
Solar Power Ownership: Owned
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Electric
Air Conditioning: Central Air, Mini-Split Unit(s)
Fireplace(s): Family Room, Wood Burning


DinetteFirst8 X 8
KitchenFirst12 X 8Granite Counters,Walk-In Pantry
Balcony/Porch/LanaiFirst41 X 22
Dining RoomFirst11 X 11
Living RoomFirst20 X 14
Family RoomFirst24 X 20
Bedroom 3First11 X 11
Bedroom 2First13 X 11
Primary BedroomFirst15 X 15En Suite Bathroom

Property Features

Lot Size: 0.34 Acres / 14,605 Sq. Ft.
Lot Features: Landscaped, Paved
Waterfront: Lake
Vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
View: Garden, Pool, Water
Water Access: Lake
Water View: Lake
Waterfront Feet: 168
Water Name: Lake Sherwood
Lot #: 65
Water Extras: Dock - Composite
Additional Water Information: This is the Selling Feature! The picturesque VIEW of the Large In-ground POOL overlooks the gorgeous LAKE SHERWOOD with direct Western Sunsets! Dock for your boats, kayaks, and your favorite water toys! Ideal for backyard fishing or quiet bird-watching!
Flood Zone: X
Utilities: Cable Available, Electricity Connected, Sprinkler Well
Sewer: Septic Tank
Water: Well
Road Responsibility: Public Maintained Road
Road Surface: Asphalt, Paved
Fencing: Fenced, Wood
Directions:From Fruitville and McIntosh, Turn South onto McIntosh and turn left onto North Lake Drive. Take the second street to turn right on East Lake Drive to the home at 516 located on the right side. Minutes from Fruitville.
Pets Allowed: Cats OK, Dogs OK

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $5,214
Ownership: Fee Simple
Financing Available: Cash, Conventional
Financing Available: Cash, Conventional
Homestead: Yes
Total Annual Fees: $125
Average Monthly Fees: $10.42
Disclosures: Lead Paint, Seller Property Disclosure
Realtor Info: As-Is, No Sign, Septic/Sewer Addendum Required, Survey Available
Minimum Lease: 1 Month
Association Fee: $125 (paid Annually)
HOA Payment Schedule: Annually
HOA / Community Association: Optional



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516 E Lake Dr Sarasota,  FL 34232
516 E Lake Dr Sarasota, FL 34232
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Listing provided courtesy of Coldwell Banker Realty (941-366-8070).
© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Stellar MLS data last updated at December 6, 2023 6:15 AM EST.