$5,500,000
NEW CONSTRUCTION

Estimated payment $31,354/month

Total Views 8,204
10 Beds
12 Baths
5,087 Sq Ft
$1,081 Price per Sq Ft

Highlights

  • New Construction
  • Heated In Ground Pool
  • High Ceiling
  • Southside Elementary School Rated A
  • Open Floorplan
  • 5-minute walk to Ted Sperling Park

About This Home

Impressive coastal luxury home featuring exquisite finishes throughout and only a block from the beach on the famous Lido Key, Sarasota. Boasting 10 bedrooms, and 12 bathrooms along with a 3 car garage, heated pool & spa this home is sure to please either a homeowner or a savvy investor looking to invest in an income producing vacation rental with a successful history. Turn key furnished and existing property management company in place already allows for a seamless transition. Awesome amenities include a waterslide, waterfall, an elevator and high end appliances. To complement the beautiful aquatic amenities, the sprawling patio features a high top bar with outdoor entertainment, a grilling area, a gaming area with a a ping pong table, and a dining area to perfect nightly entertainment on those Florida evenings. Sip your cocktails or coffee on one of the multiple private balconies or rooftop deck. This residence's prime location is just steps from the turquoise waters of Lido Beach, a 5 minute bike ride to the world famous St. Armands Circle, and a short drive to the historic downtown Sarasota. The main level features 5 guest suites, an oversized great room, and kitchen with a built-in oven, convection oven, refrigerator, and cooktop, leading to the dining room that connects to a covered balcony overlooking a tropical oasis backyard and pool/spa. Expansive 12'-14' ceilings and vast window treatments create a bright & spacious atmosphere. The third level features two master suites and three more guest suites, as well as a den featuring a stainless-steel wet bar. This home is the epitome of elegance, with intricate attention to detail on finishes and furnishings to ensure a luxurious experience.

Listing Agent

Lisa Warren

OWN SRQ LLC Brokerage Phone: 941-400-4084 License #3079333 Listed on: 01/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,328

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,608 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Irrigation
  • Property is zoned RMF3

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home
  • Turnkey
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 5,087 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa

Schools

  • Southside Elementary School
  • Pine View Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by EGB
  • Lido Beach Div B Resub Subdivision
  • Lido Beach Community

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,328

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 5087
  • Lot Size Acres: 0.2
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 8863
  • Lot Size Sq Ft: 8608
  • Directions to Property: John Ringling Blvd, south to McKinley.
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047201
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 1081.19
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Permit Number: na
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-400-4084
  • Tax Year: 2023
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 10
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 10
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Street Number Modifier: 129
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 472.60
  • Room Count: 11

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground
  • Exterior Features: Irrigation System
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0137F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Pine View School

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2016140011
  • Additional Parcels: No
  • Fencing: Fenced
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 800

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: EGB

Rental Info

  • Furnished: Turnkey
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See city of Lido Key rules for renting

Tax Info

  • Tax Annual Amount: 17328
  • Tax Block: 66
  • Tax Book Number: 2397-150
  • Tax Lot: 5

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,478 $4,334,099 -- --
2023 $17,478 $1,584,700 $1,584,700 $0
2022 $13,070 $980,800 $980,800 $0
2021 $12,801 $800,300 $729,000 $71,300
2020 $11,534 $699,800 $563,800 $136,000
2019 $11,377 $691,800 $542,800 $149,000
2018 $10,521 $636,100 $495,600 $140,500
2017 $8,638 $413,169 $0 $0
2016 $7,668 $543,600 $449,300 $94,300
2015 $7,188 $496,200 $413,900 $82,300
2014 $6,524 $282,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 For Sale $5,500,000 -44.3% $1,081 / Sq Ft
10/24/2022 10/24/22 For Sale $9,875,000 +1216.7% $2,107 / Sq Ft
10/03/2017 10/03/17 Off Market $750,000 -- --
07/05/2017 07/05/17 Sold $750,000 -3.2% $449 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $775,000 -- $464 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $905,000 Attorney
Warranty Deed $800,000 Attorney
Warranty Deed $750,000 Attorney
Quit Claim Deed $257,000 --
Warranty Deed $327,000 --
Warranty Deed $225,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,700,000 Credit Line Revolving
Closed $2,755,000 New Conventional
Previous Owner $400,000 Adjustable Rate Mortgage/ARM
Previous Owner $227,581 Unknown
Previous Owner $260,000 No Value Available
Previous Owner $100,000 No Value Available
Previous Owner $92,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4634029

Stellar MLS

APN: 2016-14-0011