David Ramirez
$599,0003 bd2 ba1,735 sqft$345 /sqft$3,952 /mo all-in ↓

4534 N LAKE DRIVE, SARASOTA, FL, 34232

Active10 days on marketListed Jul 20, 2026MLS #O6426580

Private poolSingle Family ResidenceSHERWOOD ESTATES 3

About this home

4534 N LAKE DRIVE

Welcome to 4534 N Lake Dr, a charming house located in the vibrant city of Sarasota, FL. Nestled in an inviting neighborhood, this property accords a wonderful opportunity to own a piece of the sought-after Sarasota area. The house presents a classic design that complements its surroundings, featuring a welcoming facade and a well-maintained exterior. The property's layout is designed to accord a comfortable living experience, with spaces that can be tailored to suit a variety of needs. The location provides convenient access to the amenities and attractions that make Sarasota a desirable place to live, offering a blend of suburban tranquility and urban excitement. Whether you are looking for a new home or an investment opportunity, this property on N Lake Dr presents a compelling choice. Don't miss the chance to explore all that this house and its location have to accord.

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,735

Sqft

0.34 ac

Lot size

2

Garage

1968

Year built

One

Levels

$345

Per sqft

Private poolPets allowed

Inside

FlooringConcrete · Terrazzo
AppliancesDishwasher · Range
InteriorOpen Floorplan · Split Bedroom · Stone Counters
LaundryIn Garage
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock · Brick · Stucco
FoundationBlock
FacesNortheast
ExteriorPrivate Mailbox

Community & fees

Taxes (2025)$4,019/yr
PetsYes

Utilities & systems

UtilitiesElectricity Connected
WaterWell

The numbers

What it really costs

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

$3,952 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,232
PMI (est., until 20% equity)$225
Property tax — 2025 actual bill$335
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $59,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

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

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $59,900
Interest rate6.00%
Loan term

Estimated payment

$3,952/mo

Principal & interest$3,232
PMI (est., until 20% equity)$225
Property taxes (actual bill)$335
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. 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 $599K
$437KedgeAI estimate $471,104 · range $455K$504K$623K

vs edgeAI estimate

+27.1%

$/sqft vs Sarasota actives

$345 vs $334

Days on market

10 vs 58 typical

Where $345/sqft sits among the 400 Sarasota actives

222 · this home
53
43
21
24
37
$162–363$363–565$565–767$767–969$969–1170$1170+

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 Sherwood Estates

Map of 4534 N LAKE DRIVE inside its neighborhood boundary

Drive times from this address

Downtown Tampa57 min
Tampa Int’l Airport (TPA)68 min

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

Get to know Sarasota. See the full Sarasota guide →

Sherwood Estates — neighborhood snapshot

Population

2,258

Median age

58

Median income

$70,625

Median home value

$398,300

Avg household

2

Households w/ children

160

For the school run

Sarasota County School District

MiddleMcIntosh Middle School★★★★★
ElementaryFruitville Elementary School★★★★
HighSarasota High School★★★★★

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

The numbers that matter

The Sarasota market

Seller’s marketBalanced6.0 months of inventoryBuyer’s market

$470K$470K

Sarasota median sold, yr/yr

95.1%

Sale-to-list ratio (12 mo)

160 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 116% above the SARASOTA 34232 median. See the full Sarasota market guide →

Paper trail

This home's history

Jul 20, 2026Listed at $599,000 · 10 days on market since
1968Built · SHERWOOD ESTATES 3

Reality check

What actually sold near 4534 N LAKE DRIVE

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

505 E LAKE DRIVESold · Dec ’25

$515,000

505 E LAKE DRIVE · same community

4 bd · 3 ba · 2,000 sqft · $258/sqft · 21 DOM

5348 BENT OAK DRIVESold · Apr ’26

$545,000

5348 BENT OAK DRIVE

3 bd · 2 ba · 1,734 sqft · $314/sqft · 5 DOM

2007 INGRAM AVENUESold · Apr ’26

$450,000

2007 INGRAM AVENUE

3 bd · 2 ba · 1,702 sqft · $264/sqft · 0 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 4534 N LAKE DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 4534 N LAKE DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

4534 N LAKE DRIVE FAQs

What would the monthly payment be for 4534 N LAKE DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $3,952/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 4534 N LAKE DRIVE?+

The most recent tax bill on record (2025) was $4,019. 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 4534 N LAKE DRIVE?+

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 $599,000, this home is listed about 5% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.

Which schools are assigned to 4534 N LAKE DRIVE?+

McIntosh Middle School (middle), Fruitville Elementary School (elementary), Sarasota 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

$599,000 runs 116% above the SARASOTA 34232 median.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03Strong assigned schools

McIntosh Middle School, Fruitville Elementary School, Sarasota High School — Fruitville Elementary School rates 4 of 5. Always verify assignments with the district.

Listing courtesy of BEYCOME OF FLORIDA LLC · Steven Koleno. MLS #O6426580.

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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