Short Sale. Experience a turnkey, lock & Leave - refined First floor residence featuring 2 bedrooms and 2 bathrooms at 5231 Lake Village Dr, offering 1,178 sq. ft. of living space in one of Sarasota’s most established, canopy-shaded neighborhoods. Meticulously maintained and move-in ready, the interior features sophisticated updates, including crown molding and custom cabinetry, with a layout that flows into an intentional dining space and a glass-enclosed, professionally landscaped lanai, your private lake view sanctuary for morning coffee overlooking the water. Perfectly positioned for the discerning buyer, the home offers effortless convenience at the nexus of Sarasota’s key corridors, just 10 minutes from the University Town Center (UTC) district and a direct 15-minute commute to the cultural heart of downtown Sarasota. This residence offers a rare opportunity to own in a master-planned community celebrated for its timeless charm and preserved green spaces; we invite you to contact us today to coordinate a private viewing of this lakeside gem. Virtual 3D Tour Available!
Has HOA (Capstone/Serena and The Meadows Community Association)
Quarterly association fees
Association fees include common area taxes, pool, escrow reserves, structure and grounds maintenance, management, pest control, private road maintenance, and security
Association amenities: pool, security
Community features: deed restrictions, dog park, golf (golf carts allowed), pool, tennis courts; no truck/RV/motorcycle parking
Pets allowed (cats and dogs) with limits; max pet weight 35 lbs
Full-time management; association approval required
Purchase this meticulously maintained 2 bedroom / 2 Bath retreat in the heart of the oasis that is The Meadows! Knockdown ceilings, crown molding in every room, a glass enclosed lanai, and stylish updates to the kitchen and bathrooms compliment the distinctive touches of a custom built high top dining table and a built in bar. The kitchen is adorned with granite counter tops, decorative wood cabinetry, and both recessed lighting and under the cabinet lighting. The "feel" of the unit is both alluring and entrancing. The Lanai area is beautifully landscaped that is both tranquil and serene with a view of the small lake. .. .and as you may know, The Meadows comunity is nestled within Greater Sarasota where You can Live, Laugh, and Love!!. .. .Enriched with a plethora of arts and culture, dining choices, entertainment, and superb beaches known as some of the best in the USA. Buyer 1 Year Home Warranty provided by Seller!!!
Public Records
Nov 5, 1991
Sold
$68,000
$64/sq ft
Public Records
Oct 1, 1986
Sold
$74,000
$69/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,216 (+144.7%)
$232,800
2024
$1,314 (+7.2%)
2023
$1,226 (+4.6%)
2022
$1,173 (+2.7%)
2021
$1,142 (+1.2%)
2020
$1,129 (+5.6%)
2019
$1,069 (+4.2%)
2018
$1,026 (+0.9%)
2017
$1,016 (+0.6%)
2016
$1,010 (−1.3%)
2015
$1,023 (+0.6%)
2014
$1,017 (+0.5%)
2013
$1,012 (−2.6%)
2012
$1,039
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2005
Finished Sq. Ft.
1,065
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,065
Year built
1983
Style
Condo/Co-op
County
Sarasota County
APN
0034081027
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
RSF-2
PUD
Residential Single-Family District
The RSF Districts permit single-family residential densities, which may take the form of single-family detached or cluster subdivisions; Cluster subdivisions may include lot line, traditional, patio, villa, atrium, duplex, or townhouse units. The nature of the use of property is the same in all RSF Districts, with variation among the RSF-1, RSF-2, RSF-3 and RSF-4 Districts in the requirements for density, lot area and width, and yards; A limited number of nonresidential uses are allowed, subject to the restrictions and requirements necessary to preserve and protect the single-family residential character of the neighborhood; The RSF Districts are generally used to implement the Comprehensive Plan within those areas shown as Low Density, Moderate Density and Medium Density Residential on the Future Land Use Map and on the Barrier Islands where the application of the district would not increase the density of development or hamper hurricane evacuation planning and disaster mitigation efforts. Locations on the Barrier Islands that have existing RSF zoning are acknowledged, and are considered to be consistent with the Future Land Use Map. The RSF-4 District is also used to implement the Comprehensive Plan in the areas shown as Office/Multifamily Residential Area and Corridor on the Future Land Use; The RSF-4 District, while not a primary implementing district, may also be allowed in Regional, Community, Village I, Village II, and Neighborhood Commercial Centers. Appropriate densities within the Low; Moderate or Medium Density Residential areas shall be guided by the density ranges as outlined in Future Land Use Policy 1.1.1, Objective 2.3, and Policy 2.3.1 of the Comprehensive Plan; These densities shall also be determined, in part, by the land use designations and developed residential areas surrounding the parcel.
Zone overlays
Planned Unit Development Overlay District
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 30 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Sarasota, FL • 34235
Average low and high temperatures (°F)
70
50
76
55
80
60
86
65
89
72
91
75
92
76
91
76
88
74
85
69
80
62
75
57
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Sarasota. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
7.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5231 Lake Village Dr #27
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $180,000 and $275,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $180K to $275K.