Summer Lakes area may be Sarasota's best kept residential secret. Located within the city's limits, its charming lake is home to local and migrating birds, Canadian geese, various ducks, and others, at which they raise new generations.
This well-kept landscaped community consists of 48 residential homes. When initially planned, its grounds, clubhouse, and swimming pool were designed for 72 homes (its four buildings were originally to be six). Each building contains 12 units. Two larger townhouses (each 1072 square feet) are located at the ends of each building.
We challenge anyone to find a comparable home at this price within a Sarasota neighborhood that comes even close to the ambiance and serenity of Summer Lakes and within minutes of downtown Sarasota, its international airport, St. Armands Circle, and Lido Beach. The owner has resided in the adjacent end townhouse (#101) since 1997.
This is an ideal condo for snowbirds, a retired couple or individual, and without any dog(s). The CASH price is $125k.
A monthy association fee of $398 includes both water and cable-television. The electric bill averages around $100. Without a mortgage payment, monthly living costs come to approximately $500. Annual real-estate taxes were $1,043.38 in 2020.