🏊 Poolside Potential In Sarasota’s Lakes Estates

  • $510,000
Oak View Dr, Sarasota, FL 34232
  • Single Family
  • Property Type
  • 3
  • Bedrooms
  • 2.00
  • Bathrooms
  • 2,284
  • Moderate
  • Estimated Rehab Cost
  • $775,000 to $799,000 +/-
  • Estimated ARV
  • Sarasota
  • County

Overview

  • Single Family
  • Property Type
  • 3
  • Bedrooms
  • 2.00
  • Bathrooms
  • 2,284
  • Moderate
  • Estimated Rehab Cost
  • $775,000 to $799,000 +/-
  • Estimated ARV
  • Sarasota
  • County

Description

This 1988 Sarasota CBS home brings together 3 bedrooms, 2 bathrooms, 2,253 square feet of living area, a two-car garage, and a private screened pool on a 0.31-acre lot. The split layout, vaulted ceilings, fireplace, inside laundry, and reported 2023 roof provide a solid starting point, while the kitchen, bathrooms, wallpaper, lighting, flooring, and outdoor presentation are solid assets when you go to resell. Lakes Estates residents also have access to a clubhouse, heated community pool, fitness center, playground, spa, and tennis courts, with HOA dues reported at $195 per month. Property is on market and we own the right to market our contract.  Showing by appointment.

Estimated Repairs Needed

  • Coordinated kitchen renovation
  • Two-bath renovation
  • Wallpaper removal, wall preparation, and full interior paint
  • Wood-floor refinishing and coordinated flooring updates
  • Lighting, fans, switches, outlets, doors, trim, and hardware
  • HVAC service and replacement allowance as needed
  • Pool equipment, surface, deck, cage, and drainage repairs as needed
  • Exterior cleaning, selective stucco repair, paint, and landscape cleanup

Comparable Sales

  1. 4420 Oak View Drive: Located 0.20 miles away, this renovated 3/2 has the same 2,253 square feet on a 0.34-acre lot, no pool, and a two-car garage. It sold July 2026 for $765,000. Its exact size and same-street location make it the strongest finish anchor, with an upward adjustment for the subject’s private pool.
  2. 4719 E Trails Drive: Located 0.20 miles away in Lakes Estates, this updated 4/2.5 has 2,789 square feet on a 0.37-acre lot, with a private pool, spa, and two-car garage. It sold April 2026 for $750,000. Its extra 536 square feet, fourth bedroom, and half bath are balanced against the stronger finish planned for the subject.
  3. 4536 Robin Hood Trail W: Located 0.59 miles away, this updated CBS 3/2 has 1,994 square feet on a 0.28-acre lot, with a heated saltwater pool and two-car garage. It sold March 2026 for $529,500 and provides a lower bracket because it is smaller and outside Lakes Estates.
  4. 4301 Brackenwood Court: Located 0.90 miles away, this maintained 3/2.5 has 2,108 square feet on a 0.41-acre lot, with a pool, spa, and two-car garage. It sold April 2026 for $525,000. Its frame construction and different community reduce its weight in the final value.

ARV & Rental Analysis

Estimated ARV: $775,000 to $799,000 +/-

Estimated Rent: $3,400 to $3,700 per month +/-

Details

  • Price: $510,000
  • Property Size (Sq. ft.): 2,284
  • Land Area (Acres): 0.31
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Garages: 2 Car Garage
  • Year Built: 1988
  • Property Type: Single Family
  • Property Status: Flip
  • County: Sarasota
  • Estimated ARV: $775,000 to $799,000 +/-
  • Estimated Rehab Cost: Moderate
  • Estimated Monthly Rent: $3,400 to $3,700 per month +/-
  • Yearly Taxes: $6,221
  • HOA Monthly Cost: $0
  • Construction Type: Block
  • Pool: In-Ground
  • City New Port Richey
  • State Florida

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