by Global Lifestyle Properties

See Home Value
$387,000
● House - Off Market

3918 WAKE AVE

SARASOTA, FL 34241
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,351 Ft²
$2,060
Est. Monthly
8.05%
Cap Rate

About This Property

Incredible value in Lake Sarasota! FHA / VA buyers welcome!!! The seller will install a brand new roof with a full price offer prior to closing!!! Don't miss this fantastic opportunity to own a 3-bedroom, 2-bath, 2-car garage pool home built in 2000. Nestled on a fully fenced lot with no deed restrictions, this property offers vaulted ceilings, a large enclosed patio that could be converted to living space under air, and plenty of potential-bring your TLC and personal updates to make it your dream home. Enjoy your private backyard oasis, perfect for relaxing or entertaining, all just minutes from I-75, beautiful parks, world-famous Siesta Key Beach, UTC shopping, and everything you love about Sarasota. Act fast-this home won't last! Call today to schedule your private tour before it's gone.
Unit Size
1,351 Ft²
Days on Market
107 days
Land Size
0.18 acres
Price per sqft
$283
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
2000

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #A4657799)

Price History

Date / Event Date Event Price
Oct 17, 2025 Sold
Sold
Aug 26, 2025 In contract -
In contract
Aug 19, 2025 Price Decreased $382,000
↓ $3K (0.8%)
Price Decreased
Jul 24, 2025 Price Increased $385,000
↑ $10K (2.7%)
Price Increased
Jul 2, 2025 Listed by MCGREGOR INTERNATIONAL REAL ESTATE CO $375,000
Listed by MCGREGOR INTERNATIONAL REAL ESTATE CO
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 77
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 7,560
  • Total Building Area: 1,750
  • Gross Building Area: 1,940
  • Building Area: 1,351
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,351
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE SARASOTA UNIT 15
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 1401 LAKE SARASOTA UNIT 15

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001403

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 30B
  • Account Number: 0259020041
  • Subdivision Tract Number: 1291
  • Parcel: 0259-02-0041
  • Lot: 1401
  • Meridian: SEC 05 TWN 37S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2981
  • Longitude: -82.4244

    Address

  • Full Address: 3918 Wake Ave
  • Legal Unit: 15
  • Address - House Number: 3918
  • Address - Street Name: Wake
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R011
  • 4-Digit Zip Code: 6009
  • Zip Code: 34241

Valuation

    Tax

  • Total Area: 1,965
  • Tax Year: 2023
  • Tax Amount: $177,310
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1903
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 465,328
  • High Value: 553,885
  • Low Value: 376,772

    Market Valuation

  • Market Total Value: $353,300
  • Market Land Value: $127,000
  • Market Improvement Value: $226,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,434

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 20, 2006
  • Current Sale Recording Date: Jan 20, 2006
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006012749
  • Previous Sale Recording Date: Apr 29, 2003
  • Previous Sale Contract Date: Apr 25, 2003
  • Previous Sale Amount: $181,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake Sarasota


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5301 Mahogany Run Avenue, FL, 34241

$2,871 /mo

  • 2 Beds
  • 2 Baths
  • 1,324 ft²
5301 Mahogany Run Avenue #1023, FL, 34241 Listing by Andy Moore
Unit for rent at 6511 Jarvis Road, SARASOTA, FL, 34241

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,378 ft²
6511 Jarvis Road, SARASOTA, FL, 34241 Listing by Elena Mitchell
Unit for rent at 4173 Parry Drive, SARASOTA, FL, 34241

$2,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,813 ft²
4173 Parry Drive, SARASOTA, FL, 34241 Listing by Liz Vasconcelos Roos


Frequently Asked Questions

When was property at 3918 Wake Avenue built and last sold?
The property at 3918 Wake Avenue was built in 2000 and last sold on Jan 20, 2006 for $306,000.
How much is this home worth?
The estimated value of the home located at 3918 Wake Avenue is $0.
What are some comparable homes to 3918 Wake Avenue?
There are currently no comparable homes to 3918 Wake Avenue.

Nearby Cities
Nearby Counties