CENTURY 21 Edge
$269,0002 bd2 ba1,065 sqft$253 /sqft$2,091 /mo all-in ↓

5216 LAKE VILLAGE DRIVE UNIT 71, SARASOTA, FL, 34235

Active334 days on marketListed Sep 16, 2025MLS #A4664785

CondominiumVILLAGE LAKE / THE MEADOWS

About this home

5216 LAKE VILLAGE DRIVE UNIT 71

This delightful, turnkey-furnished 2-bedroom, 2-bathroom condo on the GROUND floor in The Meadows is ready for you to move in immediately. Recently updated, the condo boasts laminate wood flooring, tile in the kitchen and bathrooms (no carpet), elegant maple cabinetry, and charming Key West-style countertops in the kitchen. Ceiling fans are featured in both bedrooms and the GLASS SLIDER Florida room with Southern exposure, which also includes electric window shades. The split bedroom layout ensures privacy for you and your guests, with each bedroom having its own updated, ensuite bathroom. Enjoy tranquil views of the lake and pool from this serene retreat, which also offers a new natural gas BBQ grill area by the pool just steps away from the lanai. This property is not in a flood zone and is small dog-friendly (pending association approval), plus there’s a community dog park. Notable features include a walk-in laundry room with a stacked washer and dryer, as well as well-appointed furnishings. The primary bedroom features a king-size bed, beautiful walk-in shower and 2 closets, while the guest bedroom has a queen-size bed. Additional items such as games, dishes, pots and pans, two TVs, and all essential appliances for daily living are included. The condo comes with assigned parking, along with guest parking spaces. Conveniently located within walking distance of Meadows Village Shops, residents can enjoy dining, a spa, massage services, and medical offices, as well as the winter months’ Meadows Farmers Market. Please note that overnight parking of trucks or commercial vehicles is not permitted per association rules. The Meadows community offers a variety of amenities, including walking/biking trails, lakes, a fitness center, ten pickleball courts, a playground, a basketball court, a community pool and hot tub, 24-hour security, fishing, dining options, and a calendar of monthly community events, all included in the association dues. Tennis and golf are available for an additional fee. This condo allows you to move in worry-free, with everything provided at a very reasonable value.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,065

Sqft

0 ac

Lot size

1981

Year built

One

Levels

$253

Per sqft

Garden & Pool viewTurnkeyPets allowed

Inside

FlooringLaminate · Tile
AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Range Hood · Refrigerator · Washer
InteriorCeiling Fan(s) · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Solid Wood Cabinets · Split Bedroom · Thermostat · Window Treatments
LaundryElectric Dryer Hookup · Inside · Laundry Room
CoolingCentral Air
HeatingCentral · Electric
FurnishedTurnkey

Outside & construction

RoofTile
ConstructionBlock · Stucco
FoundationSlab
ViewGarden · Pool
FacesNorth
ParkingAssigned · Ground Level · Guest
ExteriorIrrigation System · Sliding Doors

Community & fees

Taxes (2024)$2,738/yr
PetsYes
CommunityFishing · Association Recreation - Owned · Buyer Approval Required · Clubhouse · Community Mailbox · Deed Restrictions · Dog Park · Fitness Center · Golf · Irrigation-Reclaimed Water · Park · Playground · Pool · Restaurant · Sidewalks · Tennis Court(s)

Utilities & systems

UtilitiesCable Available · Electricity Connected · Phone Available · Public · Sewer Connected · Street Lights · Underground Utilities · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$2,091 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,584
FHA mortgage insurance (est.)$119
Property tax — 2024 actual bill$228
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $9,415Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $9,415
Interest rate6.00%
Loan term

Estimated payment

$2,091/mo

Principal & interest$1,584
FHA mortgage insurance (est.)$119
Property taxes (actual bill)$228
Est. insurance$160

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.

List $269K
$224KedgeAI estimate $237,080 · range $234K$246K$280K

vs edgeAI estimate

+13.5%

$/sqft vs Sarasota actives

$253 vs $349

Days on market

334 vs 63 typical

Where $253/sqft sits among the 400 Sarasota actives

224 · this home
64
33
29
20
30
$157–384$384–611$611–838$838–1065$1065–1292$1292+

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 Sarasota

Map of 5216 LAKE VILLAGE DRIVE UNIT 71

Drive times from this address

Downtown Tampa58 min
Tampa Int’l Airport (TPA)69 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

SARASOTA 34235 — neighborhood snapshot

Population

15,114

Median age

57.6

Median income

$72,948

Median home value

$338,200

Avg household

2.12

Households w/ children

1,116

For the school run

Sarasota County School District

ElementaryGocio Elementary School★★★★
MiddleBooker Middle School★★★★
HighBooker High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$475K$493K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

177 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 20% above the SARASOTA 34235 median. See the full Sarasota market guide →

Paper trail

This home's history

Sep 16, 2025Listed at $269,000 · 334 days on market since
1981Built · VILLAGE LAKE / THE MEADOWS

Reality check

What actually sold near 5216 LAKE VILLAGE DRIVE UNIT 71

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1035 DEER HOLLOW WAYSold · Nov ’25

$295,000

1035 DEER HOLLOW WAY

2 bd · 2 ba · 1,070 sqft · $276/sqft · 0 DOM

1150 RUSSELL AVENUESold · Jun ’26

$302,000

1150 RUSSELL AVENUE

3 bd · 2 ba · 1,120 sqft · $270/sqft · 192 DOM

5737 DEER HOLLOW LANE WSold · Mar ’26

$335,000

5737 DEER HOLLOW LANE W

2 bd · 2 ba · 954 sqft · $351/sqft · 54 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.

Anealya Hammad

Your agent

Anealya Hammad

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 5216 LAKE VILLAGE DRIVE UNIT 71 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5216 LAKE VILLAGE DRIVE UNIT 71 — before you fall in love.

See it in person

Schedule a tour

Live availability from Anealya's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

5216 LAKE VILLAGE DRIVE UNIT 71 FAQs

What would the monthly payment be for 5216 LAKE VILLAGE DRIVE UNIT 71?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,091/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 5216 LAKE VILLAGE DRIVE UNIT 71?+

The most recent tax bill on record (2024) was $2,738. 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 5216 LAKE VILLAGE DRIVE UNIT 71?+

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 $269,000, this home is listed about 52% below the Sarasota median of $554,900. The market section on this page shows how the area is trending.

Which schools are assigned to 5216 LAKE VILLAGE DRIVE UNIT 71?+

Gocio Elementary School (elementary), Booker Middle School (middle), Booker High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$269,000 runs 20% above the SARASOTA 34235 median.

02Garden & Pool views

The garden and pool view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

334 days on market against a Sarasota median of 63 — sellers in this position are usually ready to negotiate.

Listing courtesy of MICHAEL SAUNDERS & COMPANY · Amy Chapman. MLS #A4664785.

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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5216 LAKE VILLAGE DRIVE UNIT 71, SARASOTA, FL — 2 Bed, 2 Bath — $269,000 | CENTURY 21 Edge