Resident-Owned 55+ Community
3386 OAKWOOD N BOULEVARD Sarasota, FL 34237
3386 OAKWOOD N BOULEVARD, Sarasota, FL, 34237
$225,000
For Sale
$225,000
Move-in ready home in a vibrant, gated 55+ community.
Property Size1,494 SF
Lot Size0.08 Acres
Price / SF$150.60
Days on Market561
Property Features for 3386 OAKWOOD N BOULEVARD
General Information
- Standard status
- Active
- Size
- 1,494 SF
- Lot size
- 0.08 Acres
- Property subtype
- Mobile Home
Building Details
- Year Built
- 2005
Listing Agency
LPT REALTY, LLC
(941) 404-8620
Listed by
Angie Murph · License #3604181
(941) 404-8620
Source
Exitrealty
Added: Jan 2, 2025 Checked: Jul 17 at 5:25 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT REALTY, LLC
Investment Insights
Based on property information with market context.
Located in Oakwood Manor, a resident-owned 55+ gated community within Sarasota city limits, this 1,494 sqft home features 2 bedrooms and 2 bathrooms. Built in 2005, this Palm Harbor home offers a convenient layout. Recent updates include a new Elastomeric roof (2018), an HVAC system (2020), carpet (2016, cleaned annually), a water heater (2014), and stainless steel appliances (2020-2021). The hallway near the bedrooms includes a dedicated indoor laundry space. The Florida room is suitable for relaxing or entertaining, featuring a passthrough opening from the kitchen. The living room includes an electric fireplace. The kitchen features stainless steel appliances, a breakfast bar, and a designated dining room. The primary bedroom includes an ensuite bathroom and a generously sized closet with built-in cabinet storage. The home provides storage options. Furniture and items shown in the property photos will convey with the sale. Oakwood Manor is a 90-acre community with a low maintenance fee of $190/month, which includes landscaping, cable TV, and use of amenities. The clubhouse features a fitness room, library, pool table, event hall, a fully equipped commercial kitchen, an event stage, and a dance floor. Outdoor amenities include a heated pool with a handicap ramp, a kidney-shaped hot tub, tables and lounge chairs, shaded picnic areas, and updated shower facilities. Community activities include a putt-putt course and shuffleboard. The community is located next to the Legacy Trail and city-managed pickleball courts, under 3 miles from downtown Sarasota and 6.5 miles from Lido Key Beach. Oakwood Manor does not permit pets or motorcycles.
Key Highlights
- No Land Lease Fee: Enjoy significant cost savings and ownership advantages.
- 55+ Gated Community: Experience secure, age‑restricted living with fantastic amenities.
- Prime Location: Centrally located near downtown Sarasota, Lido Key Beach, Legacy Trail, shopping, and dining.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.8k | $23.28 |
| − Vacancy | −$1.9k | −$1.28 |
| EGI | $32.9k | $22.00 |
| − OpEx | −$14.8k | −$9.90 |
| NOI | $18.1k | $12.10 |
1,494 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$258.2K
$226.0K – $301.3K
NOI $18,077 @ 7.0% cap · market cap 8.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$439.3K
$384.4K – $512.6K
NOI $30,754 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Move-in ready home in a vibrant, gated 55+ community.
Where is this mobile home & rv park located?
The property is located at 3386 OAKWOOD N BOULEVARD Sarasota, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: No Land Lease Fee: Enjoy significant cost savings and ownership advantages.; 55+ Gated Community: Experience secure, age‑restricted living with fantastic amenities.; Prime Location: Centrally located near downtown Sarasota, Lido Key Beach, Legacy Trail, shopping, and dining.
