$535,000
SOLD JAN 13, 2025

350 S Polk Dr Unit 303 Sarasota, FL 34236

Lido Key Neighborhood
2 Beds
2 Baths
1,036 Sq Ft
$837/mo HOA Fee

Recently Sold

$516 Per Sq Ft

5% Below List Price

18 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Partial Gulf or Ocean Views
  • Furnished
  • Southside Elementary School Rated A
  • Open Floorplan
  • Stone Countertops

About This Home

As of January 2025

Nestled in Lido Shores, this third-floor, 2-bedroom, 2-bathroom condo offers the perfect blend of luxury and beachside living. Located just across the street from the soft sands and crystal-clear waters of Lido Key Beach, this home is your private oasis by the ocean. Whether you’re enjoying a morning stroll along the coastline, an evening sunset over the Gulf, or indulging in the local restaurants and shops at nearby St Armands Circle, this condo promises a lifestyle of tranquility and ease. Step inside to a bright and open floorplan, featuring a beautifully remodeled kitchen completed in May 2021. The elegant finishes, including white cabinets, quartz countertops, and a kitchen island with barstools, create an open and functional space with LVP floor coverings throughout. Other updates include bathroom renovations (May 2023), 30-gallon hot water heater (May 2023), and HVAC system (January 2022). It’s the perfect place for seasonal or full-time coastal living – just bring your personal belongings and move right in as the furnishings stay with the home. As part of the Lido Shores Condo Association, the building underwent re-roofing in December 2021 and passed the rigorous Milestone Inspection, ensuring peace of mind for years to come. The quarterly fees include a heated community pool with a clubroom, lobby including elevator, secured lobby key entrance, exterior maintenance of the building, property insurance, under-building parking space, extra keyed storage closet, laundry facility on every floor and large guest parking lot. It also includes basic cable/TV, water, sewer, trash and pest control for the condo. (Sorry, no pets allowed) From the moment you enter, you’ll feel at home in this beautifully updated condo, designed for effortless living and endless beach days. Don't miss this rare opportunity to own a piece of paradise, just moments from the beach and everything Lido Key has to offer!

Last Agent to Sell the Property

Kristy Sommers

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-907-9595 License #3248143 Listed on: 11/22/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Vladislav Konatar

KONA REALTY License #3371231

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,878

Year Built

  • Built in 1977

Lot Details

  • West Facing Home

HOA Fees

  • $837 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Block Foundation
  • Concrete Siding
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,036 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Partial Bay or Harbor Views
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Ground Level Parking
  • Guest Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Bridget Spence/John Dial Association, Phone Number (941) 922-3391
  • Visit Association Website
  • Mid-Rise Condominium
  • Lido Shores Community
  • Lido Shores Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,878

Year Built

Built in 1977

Lot Details

0

HOA Fees

$837 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1036
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 1316
  • Directions to Property: John Ringling Blvd to St Armands Circle, exit circle at John Ringling Blvd (Lido Beach exit), turn left on Polk Drive. Lido Shores is building 350 and is on the right side of street. Guest parking lot is located on the southwest side.
  • Status: Sold
  • Street Direction: S
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 516.41
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • AG Exemption YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-907-9595
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Kitchen/Family Room Combo, Open Floorplan, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Block, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 5
  • Street Number Modifier: 350
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 96.25
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Milestone Inspection, Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0129G

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Ground Level, Guest, Under Building

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Common Area, Inside, Laundry Room, Same Floor As Condo Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool, Sidewalks, Special Community Restrictions
  • Association Amenities: Cable TV, Elevator(s), Laundry, Lobby Key Required, Maintenance, Pool, Storage
  • Association Name: Bridget Spence/John Dial
  • Phone: 941-922-3391
  • Association: No
  • Security: Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Building Name Number: LIDO SHORES
  • Condo Fees: 2510
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: BSpencer@caseymanagement.com
  • Monthly Condo Fee Amount: 837
  • Association URL: Lidoshorescondoassociation.com

Fee Information

  • Total Annual Fees: 10040.00
  • Total Monthly Fees: 836.67

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2016053011
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see Condo Docs for any additional restrictions.

Tax Info

  • Tax Annual Amount: 6878
  • Tax Book Number: 10-29
  • Tax Lot: NA

Multi Family

  • Approval Process: Please see Condo Docs for any additional restrictions.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Jan 13, 2025
Sold by
Shroyer Julie Ann and Michael L Rolf Trust
Bought by
Mxp South Polk Llc
Seller's Agent
Kristy Sommers
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Vladislav Konatar
KONA REALTY
List Price
$565,000
Sold Price
$535,000
Premium/Discount to List
-$30,000
-5.31%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%
Original Mortgage
$401,250
Outstanding Balance
$399,172
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$142,509

Purchase Details

Closed on
Jul 16, 2015
Sold by
Rolf Michael L
Bought by
Rolf Michael L and Michael L Rolf Trust

Purchase Details

Closed on
Jan 27, 2015
Sold by
Rolf Patricia B
Bought by
Rolf Michael L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $535,000 None Listed On Document
Warranty Deed $535,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $401,250 New Conventional
Closed $401,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $5,500 +11.1% $5 / Sq Ft
01/27/2025 01/27/25 Price Changed $4,950 -4.8% $5 / Sq Ft
01/21/2025 01/21/25 For Rent $5,200 0.0% --
01/13/2025 01/13/25 Sold $535,000 -5.3% $516 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
11/22/2024 11/22/24 For Sale $565,000 -- $545 / 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 $6,878 $436,576 -- --
2023 $6,878 $519,800 $0 $519,800
2022 $5,108 $362,700 $0 $362,700
2021 $4,460 $274,700 $0 $274,700
2020 $4,654 $279,900 $0 $279,900
2019 $4,497 $270,800 $0 $270,800
2018 $5,053 $304,900 $0 $304,900
2017 $4,686 $279,200 $0 $279,200
2016 $4,929 $279,200 $0 $279,200
2015 $4,918 $275,100 $0 $275,100
2014 $4,498 $233,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4625971

Stellar MLS

APN: 2016-05-3011