NOT LISTED FOR SALE

159 Taft Dr Unit E105 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $2,356,000 - $2,480,000

3 Beds
3 Baths
2,460 Sq Ft
$1,074/mo HOA Fee

Last Sold January 25, 2023

Last sale price $2,630,000 $1,069 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $16,052/month

54 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 1.12 Acre Lot
  • Southside Elementary School Rated A
  • Cabana
  • 2-minute walk to Ted Sperling Park

About This Home

As of January 2023

Welcome to your own private resort, all the amenities of a beach-side retreat with the elegance and sophistication you deserve. Coastal contemporary architecture--yet the epitome of elegance. 2016 construction built above the standards of safety codes.

This particular home includes nearly every possible upgrade and has been barely lived-in. A rarely-used gourmet kitchen with Cucine Ricci Imported Italian cabinetry and soft-close drawers and cabinets, high-end tile and wood flooring, a high-tech AV system with one-touch shades and lighting. This still looks and feels like a new home!

A primary bedroom with dual walk-in custom closets, a double vanity in the bathroom with a soaking tub and oversized walk-in shower with two heads. A never-used private gas grill on an almost 200 sq ft balcony with your own private spiral-staircase leading down to a salt water pool with cabanas and a fire pit.

Walk to St. Armands Circle, join the Ritz-Carlton Beach Club at the end of the block or launch a kayak from the adjacent 110-acre waterfront park. Your view is always protected. You have two reserved parking spots under the building with additional storage space. This home has it all--location, technology and comfort. A great value, built beyond specifications! All furnishings can be purchased.
Professionally-narrated video with drone footage: https://youtu.be/ERr_HcIWwz4

Last Agent to Sell the Property

Ray Collins

COLDWELL BANKER REALTY License #3461649 Listed on: 10/27/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Rian Carver

FINE PROPERTIES License #3069534

FINE PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,580

Year Built

  • Built in 2016

Lot Details

  • End Unit
  • South Facing Home
  • Irrigation

HOA Fees

  • $1,074 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking
  • Reserved Parking

Property Views

  • Water
  • Woods
  • Pool

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 2,460 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Pest Guard System

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Pool Deck
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage
  • Outdoor Grill

Location

  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, pest control, sewer, trash, water
  • Wisdom Community Management/Ross Peachy Association, Phone Number (941) 376-1227
  • Visit Association Website
  • Park Residences Of Lido Key Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,580

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,074 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Concrete
  • 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: I-75 to Fruitville Road (Exit 210). West to US 41. South to the Ringling Causeway. Over bridge to Lido Key Beach. South to Taft Drive. Building on north side of street.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4550584?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4550584?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.90705
  • Price per Sq Ft: 1069.11
  • Close to Original List Price Ratio: 0.88403
  • Ratio: Current Price\Building Area Total: 992.45
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Pest Guard System, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 159
  • Room Count: 10
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: South
  • Other Structures: Cabana, Gazebo, Outdoor Kitchen, Storage
  • Pool Features: Deck, Heated, In Ground, Lighting, Salt Water
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: Pool, Trees/Woods, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Deck
  • Road Surface Type: Asphalt
  • Water Access: Beach, Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Reserved, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool, Water Access
  • Association Fee: 3222.11
  • Association Fee Frequency: Quarterly
  • Association Name: Wisdom Community Management/Ross Peachy
  • Phone: 941-376-1227
  • Association: Yes
  • Security: Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Association Website: wisdomcommunitymgmt.com
  • Association Email: rpwisdom21@gmail.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 12888.44
  • Monthly HOA Fee: 1074.04
  • Total Monthly Fees: 1074.04

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: WFR
  • Parcel Number: 2016151013
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Number Limit
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1 Month
  • Approval Process: Condo approval required. There is an renter’s application fee with the application.
  • Num Timesper Year: 12
  • Pet Restrictions: Two pets up to 100 pounds. Only unit owners are allowed pets as long as approval of the Board. Tenants or guests are not able to have pets on the property.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Condo approval required. There is an renter’s application fee with the application.

Tax Info

  • Tax Annual Amount: 18579.71
  • Tax Block: 1
  • Tax Book Number: 43-05
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Jan 25, 2023
Sold by
Lp Holdings I Llc
Bought by
Winston Taft Llc
Seller's Agent
Ray Collins
COLDWELL BANKER REALTY
Buyer's Agent
Rian Carver
FINE PROPERTIES
List Price
$2,975,000
Sold Price
$2,630,000
Premium/Discount to List
-$345,000
-11.6%
Views
53
Current Estimated Value
$2,428,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$201,557
Avg. Annual Appreciation
-2.94%

Purchase Details

Closed on
Feb 1, 2016
Bought by
Lp Holdings I Llc
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
Winston Taft Llc $2,630,000 --
Lp Holdings I Llc $1,496,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2023 01/25/23 Sold $2,630,000 -9.3% $1,069 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/20/2022 12/20/22 Price Changed $2,899,500 -1.7% $1,179 / Sq Ft
12/13/2022 12/13/22 Price Changed $2,949,000 -0.3% $1,199 / Sq Ft
11/28/2022 11/28/22 Price Changed $2,959,000 -0.5% $1,203 / Sq Ft
10/27/2022 10/27/22 For Sale $2,975,000 -- $1,209 / 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 $25,689 $2,019,200 -- $2,019,200
2023 $25,689 $2,117,400 $0 $2,117,400
2022 $22,686 $1,783,700 $0 $1,783,700
2021 $18,580 $1,175,900 $0 $1,175,900
2020 $18,039 $1,111,200 $0 $1,111,200
2019 $19,493 $1,205,500 $0 $1,205,500
2018 $19,114 $1,178,000 $0 $1,178,000
2017 $19,297 $1,178,000 $0 $1,178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4550584

Stellar MLS

APN: 2016-15-1013