NOT LISTED FOR SALE

129 Taft Dr Unit W201 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $2,368,468 - $2,500,000

3 Beds
3 Baths
2,460 Sq Ft
$1,764/mo HOA Fee

Last Sold May 03, 2023

Last sale price $2,620,000 $1,065 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $16,087/month

62 Days on Market

Highlights

  • Beach Access
  • In Ground Pool
  • 1.12 Acre Lot
  • Southside Elementary School Rated A
  • Partial Gulf or Ocean Views
  • 2-minute walk to Ted Sperling Park

About This Home

As of May 2023

LIVE AT THE BEACH. Park Residences of Lido Key is located just steps to the Gulf of Mexico and Sarasota Bay. The community is also bordered to the South by the 100+ acre peaceful, serene and waterfront South Lido Park. The residence is owned by the original owner and it has had very little use since purchasing new. This coveted "End-Unit" is VERY unique as it is one of the very few that offers direct Western Sunset views (from the 01 stack) and also has a partial view of the Gulf of Mexico. The residence was also outfitted with a fully array of developer upgrades. The kitchen includes high end Italian Cucinne Ricci cabinetry imported from Italy and beautiful Quartz countertops, as well as a Viking kitchen appliance package. Also included are solid surface porcelain floors throughout the entire living area. One will also enjoy the oversized pantry as well as large laundry room with ample storage. The 3 bedroom, 3 full bath one floor living plan also feels larger than its’ current square footage due to the highly desirable Western exposure which fills the residence with natural light throughout. Also included is an oversized terrace facing the Gulf of Mexico with Artisan Gas grill and hood fan. Residence 201 also includes 2 parking spaces in the secured concrete parking garage with storage. Park Residences Community amenities are also stellar. Including a true resort style oversized pool with private courtyard, spa, cabanas, firepit and custom trellis with BQ area and seating. Two pets are welcome.

Last Agent to Sell the Property

Patrick Dipinto, III

COLDWELL BANKER REALTY License #3207959 Listed on: 01/23/2023

COLDWELL BANKER REALTY

Co-Listed By

Nicholle McKiernan

COLDWELL BANKER REALTY License #3562924

Last Buyer's Agent

Janet Coughlin

COLDWELL BANKER REALTY License #3332950

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,468

Year Built

  • Built in 2016

Lot Details

  • South Facing Home
  • Irrigation

HOA Fees

  • $1,764 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Partial Bay or Harbor
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Membrane Roofing
  • Concrete Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,460 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Insulated Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Beach Access
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include pool
  • Wisdom Community Management Association, Phone Number (941) 376-1227
  • Built by Seaward Development
  • Lido Beach Community
  • Park Residences Lido Key Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,468

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,764 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 2460
  • Lot Size Acres: 1.12
  • New Construction: No
  • Year Built: 2016
  • Building Area Total: 2650
  • Lot Size Sq Ft: 48891
  • Directions to Property: Benjamin Franklin Drive, head South past Lido Beach and Community is corner Ben Franklin and Taft Drive.
  • Status: Sold
  • Co List Office Mls Id: MFR231502433
  • Co List Office Phone: 941-383-6411
  • Ownership: Condominium
  • ResoBuildingAreaSource: Estimated
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1047910
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1065.04
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Elevator, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Refrigerator, Washer
  • Foundation Details: Concrete Perimeter
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Insulated Windows
  • Street Number Modifier: 129
  • ResoLivingAreaSource: Estimated
  • Living Area Meters: 228.54
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, In Ground, Lighting
  • Exterior Features: Irrigation System, Outdoor Grill
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: Yes
  • View: Park/Greenbelt
  • Water Body Name: GULF OF MEXICO ACROSS STREET
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available
  • Water Access: Beach
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: Park Residences Community is located directly across the street from the Gulf of Mexico and also directly across the street from Bayfront Ted Sperling Park

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions
  • Association Fee Frequency: Quarterly
  • Association Name: Wisdom Community Management
  • Phone: 941-376-1227
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Pets for owners only, no pets for tenants. HOA does not allow vicious breeds.
  • Association Fee Requirement: Required
  • Building Name Number: PARK RESIDENCES LIDO KEY
  • Condo Fees: 5293
  • Condo Land Included YN: 1
  • Max Pet Weight: 100
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: rpwisdom21@gmail.com
  • Monthly Condo Fee Amount: 1764
  • Pet Size: Large (61-100 Lbs.)
  • Management: Part Time

Fee Information

  • Total Annual Fees: 21172.00
  • Total Monthly Fees: 1764.33

Lot Info

  • Zoning: WFR
  • Parcel Number: 2016151005
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: ae
  • Homestead YN: 0
  • Lot Size Square Meters: 4542

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Seaward Development

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Board to approve tenant, application and fee

Tax Info

  • Tax Annual Amount: 17467.87
  • Tax Block: 1
  • Tax Book Number: 43-05
  • Tax Lot: 5

Multi Family

  • Approval Process: call property manager

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
May 2, 2023
Sold by
Jon D Esformes Trust
Bought by
Gehsmann Family 2020 Revocable Trust
Seller's Agent
Patrick Dipinto, III
COLDWELL BANKER REALTY
Buyer's Agent
Janet Coughlin
COLDWELL BANKER REALTY
List Price
$2,999,000
Sold Price
$2,620,000
Premium/Discount to List
-$379,000
-12.64%
Views
61
Current Estimated Value
$2,430,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$189,883
Avg. Annual Appreciation
-2.99%
Original Mortgage
$1,500,000
Outstanding Balance
$1,452,182
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$977,936

Purchase Details

Closed on
Jan 11, 2017
Sold by
Park Residences Development Llc
Bought by
Esformes Jon D and Jon D Esformes Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,121,250
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gehsmann Family 2020 Revocable Trust $2,620,000 None Listed On Document
Esformes Jon D $1,495,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gehsmann Family 2020 Revocable Trust $1,500,000
Previous Owner Esformes Jon D $1,121,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Sold $2,620,000 -6.4% $1,065 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
02/11/2023 02/11/23 Price Changed $2,799,000 -6.7% $1,138 / Sq Ft
01/23/2023 01/23/23 For Sale $2,999,000 -- $1,219 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $17,726 $2,055,400 -- $2,055,400
2023 $17,726 $1,213,019 $0 $0
2022 $17,303 $1,177,688 $0 $0
2021 $17,468 $1,143,386 $0 $0
2020 $17,678 $1,127,600 $0 $1,127,600
2019 $19,153 $1,223,200 $0 $1,223,200
2018 $18,989 $1,209,200 $0 $1,209,200
2017 $19,800 $1,209,200 $0 $1,209,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4558255

Stellar MLS

APN: 2016-15-1005