$369,000
3177 Lake Park Lane
Sarasota, FL 34231
Listing updated: May 29, 2026 at 6:34 PM ET
Property type
Year built
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Outstanding Opportunity! Park Place Villas is a highly sought after Intimate community of only 30 villas nestled among large majestic oak trees with beautiful landscaping throughout this maintenance-free community. These villas are well maintained, have charming architecture and tile roofs. This villa has a Brand-New Roof! Brand New Kitchen with stone counters, custom cabinetry, backsplash and newer appliances! Brand New Water Heater and piping! Have your morning coffee in your kitchen nook looking out your bay window to the sparkling lake and wildlife! Other features include a Brand-New AC! Updated flooring! Skylights! Bay Windows! The master bedroom is large and overlooks the lake, with a bay window. The floor plan is flexible with options of a 3rd bedroom or study/den/office area which boasts a large walk-in closet. The Living room is combined with the Florida room, which leads out to the lanai and the full lake view. So many custom features, you will fall in love! And you have your own 2 car garage! This community is west of Beneva on Proctor Rd, close to Siesta Key! Downtown! AND I-75! Very hard to find a prime location west of I-75, water view, new tile roof, 2 car garage, updated, 2+ office for this price!! Also, this is NOT a 55+ community!
Local Insight
At $212/sqft in a waterfront community, this 1987 villa is priced attractively for the Sarasota market, but the $675 monthly HOA is substantial and worth factoring into your true cost of ownership—that's over $8,100 yearly on top of mortgage and taxes. The real question is whether the waterfront access and low-maintenance villa lifestyle justify both that HOA burden and the age of the structure, since you'll want a thorough inspection to understand what major systems might need attention in a 37-year-old home. The zero-lot-line configuration means you're betting on the HOA to maintain common areas and waterfront amenities, so pulling those financials and reserve studies should be your first move.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history145 days on market
- Status: ActiveJan 4, 2026
- Listed$389,000Jan 4, 2026
- Price reduced$369,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Villa
- Status
- Active
- Days on market
- 145
- Subdivision
- Park Place Villas
- County
- Sarasota
- Year built
- 1987
- Living area
- 1,738 sq ft
- Price/sq ft
- $212
- Building area
- 2,156 sq ft (Public Records)
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- X (12115C0142G)
- Garage
- 2 spaces
- Annual taxes
- $4,185 (2025)
- Parcel #
- 0073141005
- Zoning
- RSF2
- MLS #
- A4676834
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Tile, Wood
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Laundry
- Laundry Closet
- Stories / Levels
- One
- Direction faces
- South
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Driveway, Garage Door Opener, Guest
HOA & Financial
- HOA fee
- $2,025 / Quarterly
- Monthly HOA
- $675/mo
- Total monthly fees
- $675/mo
- Total annual fees
- $8,100
- HOA name
- Sunstate Management
- CDD
- No
- Min lease term
- 6 Months
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- no more than 20% of units can be leased out at any given time
- Approval process
- application
Exterior & Construction
- Exterior features
- Lighting, Rain Gutters, Sliding Doors
- Construction materials
- Block
- Roof
- Tile
- Foundation
- Slab
- Waterfront
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Great Room | First | 19x16 |
| Kitchen | First | 20x10 |
| Primary Bedroom | First | 15x14 |
| Bedroom 2 | First | 12x11 |
| Office | First | 12x11 |
| Dining Room | First | 12x10 |
| Florida Room | First | 13x10 |
Listing Details
- Listing date
- 2026-01-04
- On market date
- 2026-01-04
- Original list price
- $389,000
- Occupant type
- Owner
- MLS area
- 34231 - Sarasota/Gulf Gate Branch
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-01-04
- Tax legal description
- UNIT 5 PARK PLACE VILLAS
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Proctor road west of Beneva - north on S. Lockwood Ridge to 1st left into Park Place Villas
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of May 29, 2026 at 6:34 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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