Price Reduction - Fixer Upper
Address
3831 E Forest Lake DRIVE, SARASOTA, FL
Price
$ 650,000
Property Attributes
  • MLS#A4577807
  • TypeSingle Family
  • CountySARASOTA
  • CitySARASOTA
  • AreaSarasota-Fruitville
  • NeighborhoodForest Lakes
  • Zip34232
  • StyleFlorida,Ranch
  • Year Built1954
  • Taxes$ 2687
  • Price$ 650,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2917
  • Lot Size0.76 Acres
Data Source:
Stellar MLS
Property Description

Price Improvement! Listed below appraised value. Your chance to own 0.76 acres in the highly-sought after community of Old Forest Lakes has arrived. West of I-75 and located in the heart of Sarasota, this property sits waiting for your personal touch. This huge lot gives you plenty of space to add a pool/spa and create a backyard oasis suited to your liking. There is ample space for all the boat and R/V toys and a fenced area to store them in. With 5 bedrooms and 3 full bathrooms, there is enough room for everyone to have their own space. This house has the potential to have both a double master, AND an additional in-law suite. You can also use the bonus space for storage, an office, or extra living space. Expand on what's already there and complete the renovations needed, or start fresh and build your own custom dream home. Less than 5 miles from one of the top ranked beaches in the country, Siesta Key. Additionally, the legacy trail in only minutes away. Downtown Sarasota, St. Armands, other area beaches, and all the major shopping and restaurant hubs in Sarasota are also only a short drive away. Don't miss this opportunity to own this gem of a property in the beautiful Old Forest Lakes community.

Elementary School Middle School High School
Wilkinson Elementary Brookside Middle Sarasota High
Price History
7/27/2023 Listed $925,000
8/22/2023 6% - $875,000
10/20/2023 3% - $850,000
1/8/2024 6% - $799,000
1/25/2024 4% - $774,000
2/23/2024 10% - $700,000
4/12/2024 8% - $650,000

General Features

Interior Features Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,Kitchen/Family Room Combo,Open Floorplan,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Stone Counters,Thermostat,Walk-In Closet(
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Electricity Connected,Sewer Connected,Sprinkler Well,Water Connected
Roof Shingle
Appliances Disposal,Electric Water Heater
Exterior Features Private Mailbox,Sliding Doors
Zoning RE2
HOA 250
Garage Spaces 2
Patio/Porch Features Covered,Patio,Rear Porch,Side Porch
Architectural Style Florida,Ranch
Security Features Security System
Construction Materials Block,Concrete
Pets Allowed Yes
Year Built 1954
Levels One
Property SubType Single Family Residence
Tax Year 2022
Percent Ownership Fee Simple
Assoc Fee Paid Per Annually
County Sarasota
New Construction No
Property Type Residential
HOA / Comm Assn Yes
Attached Garage Yes
Subdivision Name FOREST LAKES
Facing Direction North
Garage Y/N Yes
Total Rooms 8
Status Active
Directions Take I-75 to Bee Ridge Road and travel west. Turn right (north) onto Forest Lakes Drive. House in on the corner of Forest Lakes Drive and E. Forest Lakes Drive
High School Sarasota High
City SARASOTA
Buyer Agent Compensation 2.5%
Senior Community Y/N No
MLS Area 34232 - Sarasota/Fruitville
Lot Size Square Feet 33294
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Forest Lake
Listing Terms Cash,Conventional
Elementary School Wilkinson Elementary
Property Attached Y/N No
Tax Annual Amount 2687
Middle/Junior High School Brookside Middle
Property Condition Fixer
Public Remarks Price Improvement! Listed below appraised value. Your chance to own 0.76 acres in the highly-sought after community of Old Forest Lakes has arrived. West of I-75 and located in the heart of Sarasota
Lease Considered Y/N Yes
Virtual Tour https://vimeo.com/848492593?share=copy
Days on Market 238
Standard Status Active
Tax Lot 3
Virtual Tour https://vimeo.com/848492593?share=copy
Legal Description LOT 3 BLK A FOREST LAKES UNIT 1
Minimum Lease 1 Month
Monthly HOA Amount 20.83
Additional Rooms Bonus Room,Storage Rooms

Interior Features

Flooring Carpet,Concrete,Linoleum,Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Drapes,Rods,Shades
Fireplace Y/N No
Full Baths 3
Street Suffix DRIVE
Laundry Features Inside
Total Bedrooms 5
LivingAreaSource Appraiser
Total Baths 3
Living Area Units Square Feet

Exterior Features

Fencing Vinyl,Wood
Parking Features Circular Driveway,Driveway,Garage Faces Side,Oversized
Lot Features Corner Lot,In County,Landscaped,Near Public Transit,Oversized Lot,Private
Water Source Public
Lot Size Area 33294
Foundation Details Slab
Spa No
Building Area Total 4363
Lot Dimensions 190 x 175
Lot Size Acres 0.76
Road Surface Type Paved,Asphalt
Lot Size Units Square Feet
Covered Spaces 2
Road Frontage Type Street Paved
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34232

Price
AVG $560K
$650K
Taxes
AVG $3,347
$2,687
Visits
AVG 478
2294
Data Provided by Inside Real Estate®
Year Built
AVG 1981
1954
Walkscore
AVG 29
53
Data Provided by Walkscore® not using MLS data