NOT LISTED FOR SALE

Estimated Value: $4,241,269 - $5,013,000

7 Beds
7.5 Baths
3,514 Sq Ft
$1,320/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $3,550,000 $1,010 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $29,476/month

3 Days on Market

Highlights

  • Private Pool
  • High Ceiling
  • 2 Car Attached Garage
  • Southside Elementary School Rated A
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of March 2021

This absolutely stunning, Perfectly Located, 3 level Lido Key Coastal Home, with Elevator Service from Ground to ALL Floors, features Vaulted Ceilings and 6 Bedrooms - ALL with En Suite Private Baths, with 5 of the 6 bedrooms having balcony access for beautiful Gulf, Beach, and/or Downtown Lido and Sarasota Views. It is located less than 1 block from Lido Key Beach - about a 2 minute walk to the beach and a 4 minute bike ride or 10 minute stroll to St. Armand's Circle. You can literally walk to everything from this home! If you don't believe me, just look at the balcony views and you'll see for yourself. Speaking of Balconies, your 3rd level balcony has access via a spiral staircase to a Roof Top Deck with some of the best views of Lido Key, the Gulf of Mexico, and Downtown Sarasota. You'll love the multiple Balconies and patios to take in your morning coffee and sunrise, or your afternoon cocktail and sunset. The amazing pool features a large covered patio with 2 large teak wood planter boxes full of lush tropical landscaping that surround the spa. On the other side of the spa you'll find bar stools in the pool for the perfect conversation piece, and an oversized heated pool with sunshelf and a Water Slide! That's right, a Water Slide! Just off of the Pool area, you'll find additional seating, dining, and gaming areas including Foosball and Ping Pong. It is the perfect vacation home for you and your family! carefree and perfect experience. If you want privacy, with only the sounds of the waves lapping the shore, while you sit on the now World Famous White Sand Beaches of Lido Key and Siesta Key then this is your vacation home.

Last Agent to Sell the Property

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756 Listed on: 03/16/2021

Last Buyer's Agent

Ian McPherson

COLDWELL BANKER REALTY License #3439111

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,676

Year Built

  • Built in 2020

Lot Details

  • 6,000 Sq Ft Lot
  • South Facing Home
  • Property is zoned RMF2

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 3,514 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceramic Tile Flooring

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • St Armands Division Community
  • Lido Beach Div B Resub Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 58
  • Assessor Parcel Number 2016060019

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,676

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Living Area: 3514.00
  • Lot Size Acres: 0.14
  • Year Built: 2020
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4494645?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4494645?w=Customer
  • Lot Size Sq Ft: 6000
  • Directions to Property: John Ringling Blvd go over little bridge and take a right on Grant.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046763
  • Status: Sold
  • Tax Year: 2020
  • Special Features: NewHome

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Interior Amenities: High Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Ice Maker
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Levels: Two
  • Spa Yn: Yes
  • Stories: 3
  • Living Area Meters: 326.46
  • Street Number Modifier: 143

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony
  • Roof: Metal
  • Flood Zone Code: Ae
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: St Armands Division

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: RMF2
  • Parcel Number: 2016060019
  • Lot Size Square Meters: 557

Rental Info

  • Minimum Lease: 1 Week
  • Lease Restrictions: Yes

Tax Info

  • Tax Annual Amount: 7675.57
  • Tax Block: 58
  • Tax Book Number: 2397-150
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Lido 431 Llc
Bought by
Palatnik David and Revah Dafina
Current Estimated Value
$4,639,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,475,000
Outstanding Balance
$2,034,991
Interest Rate
2.79%
Mortgage Type
New Conventional
Estimated Equity
$3,271,570

Purchase Details

Listed on
Mar 16, 2021
Closed on
Mar 24, 2021
Sold by
143 Grant Drive Llc
Bought by
Lido 431 Llc
Seller's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
Buyer's Agent
Ian McPherson
COLDWELL BANKER REALTY
List Price
$3,600,000
Sold Price
$3,550,000
Premium/Discount to List
-$50,000
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 9, 2018
Sold by
Tampa Standard Llc
Bought by
143 Grant Drive Llc
Seller's Agent
Charles Gibson
Buyer's Agent
Louis Najmy
STARZ REAL ESTATE, LLC
List Price
$839,000
Sold Price
$799,900
Premium/Discount to List
-$39,100
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.69%
Original Mortgage
$550,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 15, 2018
Closed on
Jan 29, 2018
Sold by
Cascone Joan C and Westerfield Lois L
Bought by
Tampa Standard Llc
Seller's Agent
Kay Barberio
KAY BARBERIO, LICENSED R.E. BROKER
Buyer's Agent
Charles Gibson
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
355.28%
Interest Rate
4.15%
Source: Public Records

Range of Values:

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Average Value
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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
Palatnik David $1,237,500 Mti Title Insurance Agency
Lido 431 Llc $3,550,000 Mti Title Insurance Agcy Inc
143 Grant Drive Llc $799,900 Attorney
Tampa Standard Llc $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palatnik David $2,475,000
Previous Owner 143 Grant Drive Llc $600,000
Previous Owner 143 Grant Drive Llc $550,000
Previous Owner Tampa Standard Llc --
Previous Owner Westerfield Lois L $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $3,550,000 -1.4% $1,010 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $3,600,000 +350.1% $1,024 / Sq Ft
05/18/2018 05/18/18 Sold $799,900 +60.0% $455 / Sq Ft
04/25/2018 04/25/18 Off Market $500,000 -- --
04/16/2018 04/16/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $839,000 +67.8% $477 / Sq Ft
01/25/2018 01/25/18 Sold $500,000 -9.1% $315 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $550,000 -- $346 / 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 $50,337 $3,358,800 $1,290,000 $2,068,800
2023 $50,337 $3,376,100 $1,350,000 $2,026,100
2022 $37,138 $2,461,200 $835,500 $1,625,700
2021 $26,749 $1,751,900 $621,000 $1,130,900
2020 $7,676 $479,700 $479,700 $0
2019 $10,400 $638,800 $462,000 $176,800
2018 $9,825 $600,800 $420,000 $180,800
2017 $1,874 $145,014 $0 $0
2016 $1,848 $446,200 $390,000 $56,200
2015 $1,872 $402,900 $359,100 $43,800
2014 $1,864 $137,857 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4494645

Stellar MLS

APN: 2016-06-0019