3715 Lokai Place Sarasota, FL 34232
Sarasota Springs NeighborhoodEstimated payment $1,995/month
Total Views
84
4
Beds
2
Baths
1,186
Sq Ft
$266
Price per Sq Ft
Highlights
- Solid Surface Countertops
- No HOA
- Shed
- Sarasota High School Rated A-
- Living Room
- Luxury Vinyl Tile Flooring
About This Home
Welcome to this centrally located 4-bedroom, 2-bath home in the heart of Sarasota, perfect for investors or homeowners seeking income potential. With no HOA or deed restrictions, this property offers flexibility for both short-term and long-term rentals. The layout features three separate entrances, ideal for privacy or dual-living arrangements. The spacious primary guest room includes its own private entry and spacious area, making it perfect for guests, tenants, or multigenerational living. Enjoy the fenced backyard with ample space for outdoor entertaining, pets, or future enhancements. A large shed provides additional storage. The house has a 2014 roof and a 2020 A/C system.Located just minutes from a wide variety of shopping and dining options, and only 5 miles to downtown Sarasota and 6 miles to world-famous Siesta Key Beach, this home blends convenience, comfort, and excellent rental potential. Don’t miss this rare opportunity to own a versatile property in central Sarasota!
Listing Agent
PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3418910
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,986
Year Built
- Built in 1961
Lot Details
- 7,410 Sq Ft Lot
- West Facing Home
- Level Lot
- Cleared Lot
- Property is zoned RSF3
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,186 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
Kitchen
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Shed
- Private Mailbox
Utilities
- Central Air
- Heating Available
- Thermostat
- Electric Water Heater
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Ridgewood Estates Community
- Ridgewood Estates Add 03 Resub 01 Subdivision
Listing and Financial Details
- Tax Lot 117
- Assessor Parcel Number 0063100080
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,951 | $250,000 | $115,200 | $134,800 |
| 2023 | $2,951 | $249,700 | $104,000 | $145,700 |
| 2022 | $2,767 | $219,100 | $96,300 | $122,800 |
| 2021 | $2,396 | $159,500 | $57,200 | $102,300 |
| 2020 | $2,253 | $146,300 | $48,000 | $98,300 |
| 2019 | $2,230 | $147,300 | $63,800 | $83,500 |
| 2018 | $2,171 | $144,000 | $57,800 | $86,200 |
| 2017 | $2,102 | $135,520 | $0 | $0 |
| 2016 | $1,984 | $123,800 | $46,600 | $77,200 |
| 2015 | $1,869 | $112,000 | $38,800 | $73,200 |
| 2014 | $1,158 | $46,900 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | For Sale | $315,000 | -4.5% | $266 / Sq Ft |
| 10/12/2022 10/12/22 | Sold | $330,000 | -5.7% | $278 / Sq Ft |
| 09/09/2022 09/09/22 | For Sale | $349,900 | 0.0% | $295 / Sq Ft |
| 09/09/2022 09/09/22 | Pending | -- | -- | -- |
| 08/29/2022 08/29/22 | Price Changed | $349,900 | -4.1% | $295 / Sq Ft |
| 07/11/2022 07/11/22 | Price Changed | $365,000 | -2.7% | $308 / Sq Ft |
| 06/30/2022 06/30/22 | For Sale | $375,000 | +400.0% | $316 / Sq Ft |
| 08/17/2018 08/17/18 | Off Market | $75,000 | -- | -- |
| 08/08/2014 08/08/14 | Sold | $75,000 | -3.2% | $63 / Sq Ft |
| 07/11/2014 07/11/14 | Pending | -- | -- | -- |
| 06/10/2014 06/10/14 | Price Changed | $77,500 | -9.9% | $65 / Sq Ft |
| 04/30/2014 04/30/14 | Price Changed | $86,000 | -10.1% | $73 / Sq Ft |
| 03/26/2014 03/26/14 | For Sale | $95,700 | -- | $81 / Sq Ft |
Source: Stellar MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | New Title Company | |
| Warranty Deed | $153,000 | Integrity Title Services Inc | |
| Warranty Deed | $78,000 | Attorney | |
| Special Warranty Deed | $75,000 | Attorney | |
| Trustee Deed | $55,601 | None Available | |
| Corporate Deed | $143,000 | Executive Title Insurance Se | |
| Warranty Deed | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $12,721 | New Conventional | |
| Open | $302,197 | FHA | |
| Previous Owner | $192,000 | Unknown | |
| Previous Owner | $114,400 | Purchase Money Mortgage | |
| Previous Owner | $19,027 | New Conventional | |
| Previous Owner | $56,000 | No Value Available | |
| Closed | $28,600 | No Value Available |
Source: Public Records
Similar Homes in Sarasota, FL
Source: Stellar MLS
MLS Number: A4651598
APN: 0063-10-0080
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