5287 HERON WAY UNIT 205, SARASOTA, FL, 34231
Active358 days on marketListed Aug 18, 2025MLS #A4662408
About this home
5287 HERON WAY UNIT 205
Don't miss this incredible opportunity to own a beautiful 3-bedroom, 2-bath Coach House in the highly sought-after Landings community, perfectly situated on the lake. This end unit offers abundant natural light and expansive lake views, creating a serene living environment. Meticulously cared for, this home features soaring volume ceilings and an eat-in kitchen. The spacious master suite includes an extended area ideal for a home office or cozy sitting area. Enjoy convenient access to the Landings Swim and Tennis facilities, an expanded fitness center, a heated pool and spa, and a vibrant social calendar. As a resident of The Landings, you'll experience a wealth of exceptional amenities. Stroll along the scenic nature trail that meanders through Florida's lush mangroves to a private, covered dock—perfect for watching boats glide by or launching your kayak for a tranquil paddle. Conveniently located near Sarasota's vibrant downtown, award-winning beaches, and a diverse array of dining options, this community truly offers a lifestyle that can't be beaten. Seize this opportunity and make The Landings your new home!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,991
Sqft
0 ac
Lot size
1
Garage
1986
Year built
One
Levels
$241
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,752 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,752/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−55.9%
$/sqft vs Sarasota actives
$241 vs $343
Days on market
358 vs 63 typical
Where $241/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside The Landings
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
The Landings — neighborhood snapshot
Population
986
Median age
66
Median income
$142,764
Median home value
$989,622
Avg household
2
Households w/ children
66%
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
164 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 119% above the SARASOTA 34231 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 5287 HERON WAY UNIT 205
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$252,400
5259 HERON WAY UNIT 103 · same community
2 bd · 2 ba · 1,712 sqft · $147/sqft · 94 DOM
Sold · May ’26$705,000
6263 MIDNIGHT PASS ROAD UNIT 301
3 bd · 3 ba · 2,018 sqft · $349/sqft · 38 DOM
Sold · May ’26$1,200,000
6150 MIDNIGHT PASS ROAD Unit 10 A&B
4 bd · 3 ba · 1,962 sqft · $612/sqft · 249 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5287 HERON WAY UNIT 205 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5287 HERON WAY UNIT 205 — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5287 HERON WAY UNIT 205 FAQs
What would the monthly payment be for 5287 HERON WAY UNIT 205?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,752/mo — principal and interest, the actual property-tax bill, the $167/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5287 HERON WAY UNIT 205?+
The association fee works out to $167 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5287 HERON WAY UNIT 205?+
The most recent tax bill on record (2024) was $4,724. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5287 HERON WAY UNIT 205?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $479,000, this home is listed about 14% below the Sarasota median of $559,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5287 HERON WAY UNIT 205?+
Phillippi Shores Elementary School (elementary), Riverview High School (high), Brookside Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$479,000 runs 119% above the SARASOTA 34231 median — but at 1,991 sqft it's also 19% larger than the typical Sarasota listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
358 days on market against a Sarasota median of 63 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Phillippi Shores Elementary School, Riverview High School, Brookside Middle School — Phillippi Shores Elementary School rates 5 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $525,000, now $479,000 — a $46K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of WATERSIDE REALTY LLC · Tom Ward. MLS #A4662408.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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