NOT LISTED FOR SALE

254 S Polk Dr Unit 102 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $3,026,288 - $3,314,000

3 Beds
4 Baths
2,742 Sq Ft
$1,036/mo HOA Fee

Last Sold May 24, 2021

Last sale price $2,340,000 $853 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $20,970/month

30 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Open Floorplan
  • Southside Elementary School Rated A
  • Full Gulf or Ocean Views
  • Contemporary Architecture

About This Home

As of May 2021

GREAT NEW PRICE!!! A true 3 bedroom Gulf view condo with an unbelievable 1,200 sq.ft. garage for at least five of your most precious toys - designed for today’s lifestyle, relish an open floor plan with coastal contemporary finishes and wondrous full Gulf of Mexico views. As you walk into the front door you are welcomed by an awe-inspiring kitchen equipped with quartz countertops and backsplash, breakfast bar, gleaming cabinets, top-of-the-line Samsung appliances, wine refrigerator, and coastal-styled pendant lighting. Secured with 2,742 sqft, this unit is complete with 3 bedrooms, each with its own en-suite bathroom and an office with a full coffee bar. While it is hard to ignore the appealing view of Lido Beach throughout the kitchen and living room, the master bedroom also encompasses a view of the beach, even as far back as in the shower. Stepping into the master bathroom you are overjoyed with a full walk-in closet, soaking tub, towel rack warmer and the phenomenal view of Lido beach. An added bonus is the nearly 1,200 sqft garage. Capable of fitting up to 5 cars, along with a trailer, kayaks, golf cart, and tons of storage space. The condo is secured with an intercom entry, and garage code entry. After a long day at the beach, come back to your condo to shower off your day at the beach and jump right into your heated salt-water pool. Situated in the midst of world-class cuisine, endless amounts of shops, and entertainment, come ride the waves with us. Why Not?!

Last Agent to Sell the Property

Lynne Koy

COLDWELL BANKER REALTY License #0461188 Listed on: 03/15/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Robert Anderson Jr

RE/MAX ALLIANCE GROUP License #3054681

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,062

Year Built

  • Built in 2018

Lot Details

  • East Facing Home
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $1,036 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Parking Garage Space
  • Open Parking

Property Views

  • Full Gulf or Ocean
  • Woods

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,742 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Den
  • Inside Utility
  • Porcelain Tile

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Pool Deck
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Covered Patio or Porch
  • Gazebo
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, manager
  • Built by Divisions Unlimited of Florida
  • St Armands Division Community
  • St Armands Place Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • 2 Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,062

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,036 per month

Parking

5

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2742
  • New Construction: No
  • Year Built: 2018
  • Building Area Total: 4182
  • Directions to Property: Drive through St Armands Circle West to Lido Beach. South on S Polk Drive. Property is on the right.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493423?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4493423?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Subdivision Num: 8613
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.93788
  • Price per Sq Ft: 853.39
  • Close to Original List Price Ratio: 0.90173
  • Ratio: Current Price\Building Area Total: 559.54
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 254
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: East
  • Other Structures: Gazebo
  • Pool Features: Deck, Heated, In Ground, Lighting, Salt Water
  • Exterior Features: Balcony, Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Membrane
  • Pool Private: Yes
  • View: Trees/Woods, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved, Asphalt
  • Water View: Gulf/Ocean - Full
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway, Garage Door Opener, Ground Level, Oversized, Under Building
  • Covered Parking Spaces: 5
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool
  • Association Amenities: Pool
  • Association: No
  • Senior Community: No
  • Condo Fees: 3108
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1036

Fee Information

  • Total Annual Fees: 12432
  • Total Monthly Fees: 1036

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2016042002
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Public Transit
  • Flood Zone Code: AE

Building Info

  • Builder Name: Divisions Unlimited of Florida

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Pet Restrictions: Refer to

Tax Info

  • Tax Annual Amount: 25062.31
  • Tax Book Number: 44-39-42
  • Tax Lot: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 24, 2021
Sold by
254 South Polk Drive Llc
Bought by
Jones Cameron W and Jones Marie Milie
Seller's Agent
Lynne Koy
COLDWELL BANKER REALTY
Buyer's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
List Price
$2,595,000
Sold Price
$2,340,000
Premium/Discount to List
-$255,000
-9.83%
Current Estimated Value
$3,149,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,822
Avg. Annual Appreciation
7.16%

Purchase Details

Listed on
May 1, 2019
Closed on
Jul 16, 2019
Sold by
Steenbakkers Hubert and Whitney Monita A
Bought by
South Polk Drive Llc
Seller's Agent
Pam Charron
COMPASS FLORIDA LLC
Buyer's Agent
Lynne Koy
COLDWELL BANKER REALTY
List Price
$2,100,000
Sold Price
$1,950,000
Premium/Discount to List
-$150,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
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
Jones Cameron W $2,340,000 Attorney
South Polk Drive Llc $1,950,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $2,340,000 -6.2% $853 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/02/2021 04/02/21 Price Changed $2,495,000 -3.9% $910 / Sq Ft
03/15/2021 03/15/21 For Sale $2,595,000 +33.1% $946 / Sq Ft
07/17/2019 07/17/19 Sold $1,950,000 -7.1% $711 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $2,100,000 -- $766 / 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 $34,865 $2,284,800 -- $2,284,800
2023 $34,865 $2,318,700 $0 $2,318,700
2022 $32,193 $2,124,300 $0 $2,124,300
2021 $25,326 $1,598,600 $0 $1,598,600
2020 $25,062 $1,540,400 $0 $1,540,400
2019 $21,074 $1,287,000 $0 $1,287,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4493423

Stellar MLS

APN: 2016-04-2002