NOT LISTED FOR SALE

Estimated Value: $2,364,000 - $7,246,392

0.29 Acre
$18,280,910 Price per Acre
12,632 Sq Ft Lot

Last Sold August 25, 2020

Last sale price $1,500,000

Est. 253% increase in value since last sale

Current estimated payment $33,918/month

526 Days on Market

Highlights

  • 76 Feet of Waterfront
  • Water access To Gulf or Ocean
  • No HOA
  • Southside Elementary School Rated A
  • Canal View
  • Level Lot

About This Lot

As of August 2020

IMAGINE having all you have dreamed of… Live within 500 feet of the sugary sands of Lido Beach... a few blocks away from world-class dining, shopping and events on St Armand's Circle... or board your boat to enjoy the gorgeous Gulf of Mexico and Sarasota Bay waters. Located only three miles from downtown Sarasota, LIDO KEY provides you a perfect balance of living along the beaches without sacrificing the exceptional amenities and true conveniences that downtown Sarasota has to offer. An entirely new seawall has been installed along the canal that spans more than 160 feet across tranquil waters providing your home a unique privacy from your neighbors across the waterway. Work with your architect to create the island paradise you envision, or upon request, you can sample the luxurious 4500 sqft, four-bedroom, two-story coastal residence that has been carefully crafted by the owners to take advantage of every possible highlight this property has to offer. The choice is yours... but act fast... opportunities for vacant parcels on one of the most sought-after islands in Southwest Florida are very rare.

Last Agent to Sell the Property

Rob Hunt, Jr

HUNT BROTHERS REALTY, INC. License #3197350 Listed on: 02/13/2019

HUNT BROTHERS REALTY, INC.

Last Buyer's Agent

Doug Parks

MICHAEL SAUNDERS & COMPANY License #3105565

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,503

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 84x162x76x152
  • 76 Feet of Waterfront
  • Property fronts a saltwater canal
  • Southeast Facing Home
  • Level Lot
  • Cleared Lot
  • Property is zoned RSF2

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Additional Features

  • Canal Views
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 18 / 50/18
  • Assessor Parcel Number 2016040026

Community Details

Overview

  • No Home Owners Association
  • Lido Beach Community
  • Lido Beach Div B Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access to Saltwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$15,503

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12785
  • Number Of Lots: 1
  • Directions to Property: Take John Ringling Blvd. towards Lido Beach and turn Left onto S. Polk Drive. The lot is between 277 and 343 S. Polk Drive on the Canal Side.
  • Status: Sold
  • Street Direction: S
  • Number Of Pets: 10+
  • Total Acreage: 1/4 to less than 1/2
  • Subdivision Num: 654
  • Ratio: Close Price\List Price: 0.96774
  • Price per Sq Ft: 117.32
  • Close to Original List Price Ratio: 0.9375
  • View: No
  • Ownership: Other
  • Tax Year: 2019
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 341

Exterior Features

  • Direction Faces: Southeast
  • Road Frontage Type: City Street
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Front Footage: 84
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 76
  • Water Frontage Feet Canal Salt: 76
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Public, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 2016040026
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, City Lot, Level
  • Lot Dimensions: 84x162x76x152
  • Price Per Acre: 5172414
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Current Adjacent Use: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Amount Frequency: Weekly
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • For Lease Y N: No
  • Pet Restrictions: NONE

Tax Info

  • Tax Annual Amount: 15502.81
  • Tax Block: 50/18
  • Tax Book Number: 0002/0208
  • Tax Lot: 18

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Aug 24, 2020
Sold by
341 S Polk Llc
Bought by
Nichol Robert M and Nichol Barbara A
Seller's Agent
Rob Hunt, Jr
HUNT BROTHERS REALTY, INC.
Buyer's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%
Current Estimated Value
$5,301,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,801,464
Avg. Annual Appreciation
28.55%

Purchase Details

Listed on
Oct 17, 2013
Closed on
Jun 16, 2016
Sold by
Smally Family Land Corporation
Bought by
341 S Polk Llc
Seller's Agent
Lynne Koy
COLDWELL BANKER REALTY
Buyer's Agent
Rob Hunt, Jr
HUNT BROTHERS REALTY, INC.
List Price
$1,000,000
Sold Price
$900,000
Premium/Discount to List
-$100,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%

Purchase Details

Closed on
Oct 24, 1994
Sold by
Sun Bk Gulf Coast
Bought by
Smally Family Land Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nichol Robert M $1,500,000 Attorney
341 S Polk Llc $900,000 None Available
Smally Family Land Corp $246,200 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $1,500,000 -3.2% --
07/23/2020 07/23/20 Pending -- -- --
02/19/2020 02/19/20 Price Changed $1,550,000 0.0% --
02/19/2020 02/19/20 For Sale $1,550,000 +3.3% --
02/12/2020 02/12/20 Off Market $1,500,000 -- --
02/12/2020 02/12/20 For Sale $1,500,000 0.0% --
02/01/2020 02/01/20 Pending -- -- --
01/14/2020 01/14/20 Price Changed $1,500,000 +1.4% --
07/01/2019 07/01/19 Price Changed $1,480,000 -1.3% --
05/16/2019 05/16/19 Price Changed $1,500,000 -3.2% --
04/03/2019 04/03/19 Price Changed $1,550,000 -3.1% --
02/13/2019 02/13/19 For Sale $1,600,000 +77.8% --
09/14/2016 09/14/16 Off Market $900,000 -- --
06/16/2016 06/16/16 Sold $900,000 -10.0% --
07/23/2015 07/23/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $1,000,000 +11.1% --
05/09/2015 05/09/15 Off Market $900,000 -- --
02/26/2015 02/26/15 Price Changed $1,000,000 -9.1% --
01/12/2015 01/12/15 Price Changed $1,100,000 -8.3% --
09/17/2014 09/17/14 For Sale $1,200,000 +33.3% --
04/04/2014 04/04/14 Off Market $900,000 -- --
10/17/2013 10/17/13 For Sale $1,200,000 -- --
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 $61,045 $5,193,100 $2,630,800 $2,562,300
2023 $61,045 $4,584,300 $2,357,200 $2,227,100
2022 $24,523 $1,959,500 $1,937,700 $21,800
2021 $20,065 $1,291,300 $1,257,200 $34,100
2020 $17,188 $1,084,600 $1,049,800 $34,800
2019 $15,503 $972,800 $938,100 $34,700
2018 $15,065 $942,200 $938,100 $4,100
2017 $14,647 $907,100 $904,400 $2,700
2016 $13,846 $896,600 $895,500 $1,100
2015 $13,151 $848,700 $847,700 $1,000
2014 $12,331 $599,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4427413

Stellar MLS

APN: 2016-04-0026