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Wade M. Berlin

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Broker IDX Sites Inc.
The Real Estate Professional You Deserve
Property Photos
505 Lake Drive
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PRICED AT ONLY: $550,000

Address: 505 Lake Drive, SARASOTA, FL 34232

Description

Beautifully Updated Home in Highly Sought After Sherwood Estates in Sarasota. This is a rare find. Welcome to 505 E Lake Dr, a stunning residence offering comfort, style and updated. The sellers have thoughtfully added numerous upgrades, including a whole house automatic generator connected to an inground 280 gallon propane tank, a full water purification system, and a new water heater. Enjoy Florida living at its best with a screened pool enclosure featuring a brand new screen, an above ground whirlpool hot tub, and a new backyard firepitperfect for relaxing or entertaining. Additional updates include new gates on both sides of the home. Inside, the spacious kitchen, living, and dining areas flow seamlessly together to create a bright, open great room ideal for gatherings. Conveniently located in central Sarasota close to shopping, dining, beaches, and A rated schools, this home truly has it all. New roof (2020) Water heater (2024), well system (2024) Hot Tub (2025) Firepit (2025) Buyer responsible for verify all information. City or County may have restriction on short term rentals, buyer to verify. Professional photos coming Mon 10/13, showings to begin Tues 10/14
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  • MLS#: TB8435168 ( Residential )
  • Street Address: 505 Lake Drive
  • Viewed: 14
  • Price: $550,000
  • Price sqft: $245
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 2242
  • Bedrooms: 4
  • Total Baths: 3
  • Full Baths: 3
  • Garage / Parking Spaces: 1
  • Days On Market: 10
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Rain Gutters, Sliding Doors
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Living Area: 2000.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Landscaped, Level, Oversized Lot, Paved
School Information
  • High School: Sarasota High
  • Middle School: McIntosh Middle
  • School Elementary: Fruitville Elementary
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
  • Parking Features: Boat, Driveway, Garage Door Opener, Workshop in Garage
Eco-Communities
  • Pool Features: Deck, Gunite, Heated, In Ground, Screen Enclosure
  • Water Source: See Remarks, Well
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Connected, Electricity Connected, Propane
Finance and Tax Information
  • Home Owners Association Fee: 80.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Purifier
  • Association Name: Suncoast Premier Realty Services
  • Country: US
  • Furnished: Negotiable
  • Interior Features: Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Legal Description: LOT 99 SHERWOOD ESTATES UNIT 3
  • Levels: One
  • Area Major: 34232 - Sarasota/Fruitville
  • Occupant Type: Owner
  • Parcel Number: 0045140004
  • Possession: Close Of Escrow
  • Style: Traditional
  • Views: 14
  • Zoning Code: RSF1

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin