$293,000
$12K PRICE DROP

5178 Lake Village Dr Unit 86 Sarasota, FL 34235

The Meadows Neighborhood

Estimated payment $2,250/month

Total Views 1,750
2 Beds
2 Baths
1,065 Sq Ft
$275 Price per Sq Ft

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Booker High School Rated A-
  • Lake View
  • Community Lake

About This Home

A recently renovated and updated condominium located in the well-maintained community of Village Lake. New appliances and new flooring!! Several ceiling fans throughout the condo. Airy and bright with an exceptional view of the courtyard, community pool and lake. A split floorplan including a large and spacious primary suite. This is a Must See condo located in one of Sarasota's premiere established residential communities. Conveniently located near Nathan Benderson Park, the retail and dining choices of the University Parkway retail corridor, the new Mote Aquarium, and only a few miles from Siesta Key, Longboat Key, and the other sun and fun locales that define Suncoast living in Florida.

Listing Agent

Brian Johnson

SHOWTIME REALTY Brokerage Phone: 941-822-0890 License #3274377 Listed on: 06/29/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,001

Year Built

  • Built in 1981

Lot Details

  • West Facing Home
  • Mature Landscaping

HOA Fees

Parking

  • Deeded Parking

Property Views

  • Lake
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Courtyard

Schools

  • Gocio Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, maintenance structure, ground maintenance, management, pest control, private road, security
  • Pmi Capstone Association, Phone Number (941) 554-8838
  • Meadows Community Association
  • Village Lake Community
  • Village Lake Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Trails

Pet Policy

  • Pets up to 36 lbs
  • Pet Size Limit
  • 3 Pets Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,001

Year Built

Built in 1981

Lot Details

0

HOA Fees

$403 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1065
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1178
  • Directions to Property: East on Fruitville turn Left (North) on Honore. Continue traveling North on Honore and turn Left onto Taywood Meadows. Follow Taywood Meadows to the roundabout and turn Right into Village Lake. Building H is the first building on the right. 5178 is a second-floor unit in the middle of the building. Northbound on I-75 exit 213 University Parkway. Pass under bridge and continue West on University Parkway. Turn Left (South) on Honore. Follow Honore South to Taywood Meadows. Turn Right and continue to the roundabout. Immediately turn into Village Lake.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 534016287
  • Minimum Lease: 1 Month
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 275.12
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Lake
  • Attribution Contact: 941-822-0890
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5178
  • Additional Rooms: Inside Utility
  • Living Area Meters: 98.94
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Exterior Features: Courtyard
  • Roof: Tile
  • Pool Private: No
  • View: Pool
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0152G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Deeded, Guest

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool
  • Association Amenities: Clubhouse, Fitness Center, Golf Course, Park, Pickleball Court(s), Playground, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Restrictions
  • Association Name: PMI Capstone
  • Phone: 941-554-8838
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 1400
  • Association #2 Fee Frequency: Annually
  • Association: Meadows Community Association
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: see Condo Docs
  • Association Fee Requirement: None
  • Building Name Number: H
  • Condo Fees: 859
  • Condo Land Included YN: 0
  • Max Pet Weight: 36
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: info@capstoneam.com
  • Monthly Condo Fee Amount: 286
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 4836.00
  • Total Monthly Fees: 403.00

Schools

  • Elementary School: Gocio Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0034081086
  • Additional Parcels: No
  • Flood Zone Code: AE X
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: see Condo Docs

Tax Info

  • Tax Annual Amount: 3001.28
  • Tax Book Number: 15/48
  • Tax Lot: 0

Multi Family

  • Approval Process: Buyer submit Association application and $150 Application fee. Board will review application and background check and either approve or reject. Separate application to the Meadows Community Association.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,587 $217,000 -- $217,000
2023 $2,587 $221,100 $0 $221,100
2022 $2,243 $177,900 $0 $177,900
2021 $1,830 $118,000 $0 $118,000
2020 $1,735 $109,000 $0 $109,000
2019 $1,687 $108,000 $0 $108,000
2018 $1,761 $115,600 $0 $115,600
2017 $1,773 $114,500 $0 $114,500
2016 $1,737 $112,300 $0 $112,300
2015 $1,595 $95,700 $0 $95,700
2014 $1,017 $86,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $293,000 -3.9% $275 / Sq Ft
06/29/2025 06/29/25 For Sale $305,000 +10.3% $286 / Sq Ft
02/06/2023 02/06/23 Sold $276,500 -4.6% $260 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $289,900 +87.0% $272 / Sq Ft
02/26/2020 02/26/20 Sold $155,000 -6.1% $146 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $165,000 +17.9% $155 / Sq Ft
08/17/2018 08/17/18 Off Market $139,900 -- --
03/26/2018 03/26/18 Rented $1,340 0.0% --
03/05/2018 03/05/18 For Rent $1,340 0.0% --
10/30/2014 10/30/14 Sold $139,900 0.0% $131 / Sq Ft
08/24/2014 08/24/14 Pending -- -- --
08/10/2014 08/10/14 For Sale $139,900 -- $131 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $276,500 --
Warranty Deed $155,000 Sarasota Title Services Inc
Deed $29,000 --
Warranty Deed $29,000 None Available
Warranty Deed $139,900 Sarasota Title Services Inc
Warranty Deed $143,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $96,600 New Conventional
Source: Public Records

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Source: Stellar MLS

MLS Number: A4657423

Stellar MLS

APN: 0034-08-1086