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$125,000
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Property Description
If you've been waiting for an affordable winter place or a low-entry investment in Southwest Florida, this is the kind of opportunity that doesn't sit long. Located in Lake Suzy, this waterfront condo has already had the big items handled. Fresh interior paint in August 2025, a 2023 kitchen remodel with updated cabinetry, countertops, range and microwave, plus luxury vinyl flooring for easy upkeep. No projects waiting for you. The lanai overlooks Lake Pookiehatchee, giving you the water view snowbirds love and seasonal renters actively search for. HOA is just $250/month and includes water, making your monthly numbers simple and predictable. Close to I-75, golf, and daily conveniences, this works as a full time residence, lock-and-leave winter retreat or a smart addition to your rental portfolio before next season demand picks up. If Florida is part of your plan, now is the time to secure it. Ask for a feature sheet.
Full Property Details
Full Property Details for 12538 SW Kingsway Cir #505
General
- Sold For: $125,000
- HOA FEE: $250/month
- Taxes: $1,248 (2025)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: C7513732
- Added to Site: 282 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Flooring: Ceramic Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Closet
Exterior
- Exterior Features: Sliding Doors
Location
- Area: 34269 - Arcadia
- County: DeSoto
- Development Name: 34269 - Arcadia
- Subdivision: HERON POINTE CONDO PH
- Driving Directions: Kings Hwy east, use the 2nd Kingsway circle (turn beside the convenience store). Turn right into the community, first right after community mailboxes, building 5 is the first one on the right. Please park only in spots marked guest
- Direction Faces: Northeast
Community
- Community Name: 34269 - Arcadia
- Community Features: Lake, Buyer Approval Required, Clubhouse, Pool
- Association: Yes
- Assoc. Name: Anna Ruzzano Star Hospitality
- Assoc. Fees Include: Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Water
- Number of Pets: 1
- Pet Restrictions: 25lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water District: LAKE POOKIEHATCHEE
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Common Walls: Corner Unit
- Stories/Levels: One
- Square Feet: 871
- Sq. Ft. Source: Public Records
- Living Area: 871 Sq. Ft.
- Year Built: 1987
Lot Features
- Property View: Water
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 871
- Lot Size: 871
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Front Name: LAKE POOKIEHATCHEE
- Water Front Desc.: Lake, Lake Front
Financial Considerations
- Association Fee: $250
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $1,248.22
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: HERON POINTE PHASE I UNIT 505 INST:201814003167
- Flood Zone Info: X
- APN: 313923019300100505
- Property ID: 313923019300100505
- Block/Lot/Section: NA
Listed by Time Realty Services, Inc.
Sold by Remax Landmark
Get Pre-Approved Today
Schools
Schools serving 12538 SW Kingsway Cir #505
School District:Desoto County School District
| Name | Grades | Distance |
|---|---|---|
Nocatee Elementary School 4846 Sw Shores Ave, Nocatee, FL 34268 | K-5 | 12.9 mi |
Desoto Middle School 420 East Gibson Street, Arcadia, FL 34266 | 6-8 | 17.5 mi |
Desoto County High School 1710 East Gibson Street, Arcadia, FL 34266 | 9-12 | 18.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12538 SW Kingsway Cir #505
Date
Details
Price
Change
Source
5/26/2026
Sold
$125,000
-16.11%
MLS
2/20/2026
Price Reduced
$149,000
-3.25%
MLS
8/17/2025
Listed
$154,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12538 SW Kingsway Circle #505, Lake Suzy, FL 34269 (MLS# C7513732) is a Condo property that was sold at $125,000 on May 26, 2026. Want to learn more about 12538 SW Kingsway Circle #505? Do you have questions about finding other Condo real estate for sale in Lake Suzy? You can browse all Lake Suzy real estate or contact a Coldwell Banker agent to request more information.

