5178 Lake Village Dr #86, photo 1
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Overview

2 bd2 ba1,065 sqftCondominium
TypeCondominium
Condo dues$318/mo
Built1981
Living area1,065 sqft
Price / sqft$251

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Living Room/Dining Room ComboOpen FloorplanSolid Surface CountersSplit BedroomThermostatBuyer Approval RequiredDeed Restrictions

5178 Lake Village Dr #86 is a 1981-built home in Village Lake, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,065 square feet of living space. Listed at $267,500 (about $251/sqft), 90 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. Condo dues run $318 monthly.

From the listing

Seller may consider owner financing, or lease purchase. Experience peaceful Florida living in this beautifully maintained 2 bedroom condo in the sought-after Village Lake community of The Meadows. Overlooking a tranquil lake, this inviting residence offers stunning water views from the private screened lanai - the perfect place to enjoy your morning coffee or unwind while watching the sunset. The light-filled floor plan features complete remodel, new kitchen and stainless appliance package, a spacious primary suite with updated shower and vanity, and an ideal layout with luxury vinyl plank flooring throughout for both everyday living and entertaining. The Meadows is surrounded by mature landscaping, lakes and scenic walking paths. Village Lake provides a quiet, maintenance-free lifestyle with access to community amenities. Ideally located just minutes from downtown Sarasota, UTC shopping, championship golf, dining, cultural attractions, and the world-renowned beaches of Florida's Gulf Coast, this condo offers the perfect blend of serenity and convenience. Whether you're searching for a year-round residence, seasonal retreat, or investment opportunity, this lakefront gem is ready to welcome you home.

The essentials

Built
1981
Price / sqft
$251
On market
90 days
Annual tax
$2,816
Condo dues
$318/mo
Flood zone
X · Low risk
Type
Condominium

At a glance

Condo
Built 1981
Community pool
Fitness center too
Assigned parking
1,065 sqft
Living area

Payment

Est. monthly payment
$2,081/mo
Down payment (20%)
$53,500
Property taxes
$235/mo
Condo dues
$318/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1981
Lot
-
Cooling
Central Air
Heating
Central, Electric
Parking
Assigned, Guest
Days on Market
90
Ceiling Fans(s)
Living Room/Dining Room Combo
Open Floorplan
Solid Surface Counters
Split Bedroom
Thermostat
Buyer Approval Required
Deed Restrictions
Dog Park
Fitness Center
No Truck/Rv/Motorcycle Parking
Park
Playground
Pool
Restaurant
Sidewalks
Special Community Restrictions
Tennis Court(s)
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Elementary
Gocio Elementary
Middle
Booker Middle
High
Booker High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2025)
$2,816
Parcel #
0034081086

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Village Lake
County
Sarasota
MLS Area
34235 - Sarasota
Lot Size
-
Condo dues
$318/mo
Capstone/Jill

Price history

Date
Event
Price
8/25/2026
Price change
Source: Stellar MLS #A4699937
$267,500-4.4%
$251/sqft
7/13/2026
Listed for sale
Source: Stellar MLS #A4699937
$279,900
$263/sqft

Neighborhood

5178 Lake Village Dr #86
Sarasota, FL, 34235 · 34235 - Sarasota

Market insights

Offer Insights

Choose an offer strength

List price: $267,500
$262,500 – $267,500
97.7% – 100% of listTops out right at the list price
80% of listList price
30 of the last 58 condo closings in 34235 landed at this number or higher (52%). The median one sat 66 days before it went under contract, and this one is on day 90 after a $12,400 cut.

Sample: 58 closed condo sales in 34235 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,082/mo
Principal & interest$1,395
Property taxes$235
Insurance$134
HOA$318
Down payment20% · $53,500
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$267,500

$251 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,065 sq ft

Time on market

90 days

Year built

1981

Monthly payment

About $2,081/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,816 annual tax bill, insurance, and $318/mo in condo dues.

Condo dues

$318/mo

Managed by Capstone/Jill.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byREALTY SERVICES INCListing agent: Kenneth CowlesListing data from Stellar MLS, MLS# A4699937.

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