NOT LISTED FOR SALE

350 S Polk Dr Unit 508 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $764,350 - $876,000

2 Beds
2 Baths
1,036 Sq Ft
$600/mo HOA Fee

Last Sold May 31, 2022

Last sale price $880,000 $849 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,764/month

2 Days on Market

Highlights

  • Water Access
  • Public Beach
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Penthouse
  • Partial Gulf or Ocean Views

About This Home

As of May 2022

Excellent opportunity for a rare find! Great view of Gulf and city views from this 5th floor Penthouse. Directly across the street from world class Lido Beach and short distance to St Armand’s Circle. Meticulously maintained and never rented by owner. Two sliding glass door enclosed porches—one facing south towards south Lido Key and one facing east towards downtown Sarasota and Sarasota Bay PLUS a screened balcony facing west towards the waters of the Gulf of Mexico. Open kitchen, wood cabinets, brand new Bosch dishwasher and newer appliances. Track lighting throughout. Beautiful custom closets and drawers in both bedrooms. Heated pool, community room, storage and updated lobby. Condominium has a brand, new roof. Additional parking lot for seventeen guests owned by Lido Shores near pool. Assigned underbuilding parking for owners. The building is well managed and has on-site maintenance man for Association 5 days a week. Being sold as is with right to inspect. Tastefully furnished with exceptions list. Easy access to the beach and St Armand’s Circle and minutes from downtown Sarasota. Perfect for a year around home or seasonal or annual rentals possible or a perfect beach retreat to enjoy all the area has to offer. Don’t miss this opportunity to own this unique unit.

Last Agent to Sell the Property

Susan Smith

MICHAEL SAUNDERS & COMPANY License #0329024 Listed on: 04/29/2022

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Cathy Meldahl, PA

MICHAEL SAUNDERS & COMPANY License #0321629

Last Buyer's Agent

John Brink

OCEANS GLOBAL REALTY, LLC License #3596306

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,355

Year Built

  • Built in 1977

Lot Details

  • Public Beach
  • End Unit
  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Condo Land Included

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • Partial Bay or Harbor
  • Canal

Home Design

  • Penthouse
  • Florida Architecture
  • Turnkey
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,036 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Storage Room
  • Laundry in Hall

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Ground Level Parking

Outdoor Features

  • Heated In Ground Pool
  • Water Access
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Utilities

  • Humidity Control
  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, maintenance structure, ground maintenance, manager, trash, water
  • Bridgett Spence Association, Phone Number (941) 922-3391
  • Mid-Rise Condominium
  • Lido Shores Community
  • Lido Shores Subdivision
  • On-Site Maintenance
  • Rental Restrictions
  • 5-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,355

Year Built

Built in 1977

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1036
  • New Construction: No
  • Year Built: 1977
  • Directions to Property: From US 41, take John Ringling Causeway west to John Ringling Boulevard, west through St Armand’s Circle towards Lido Beach, turn south on Polk Dr to 350 S Polk Dr. Park on south side of building in private parking lot for guests.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4533484?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4533484?w=Customer
  • Floor Number: 5
  • Homestead Y N: Yes
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit, Mid Rise, Penthouse
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 849.42
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Co List Office Mls Id: 281502388
  • Co List Office Phone: 941-383-5502
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets, Stone Counters, Thermostat
  • Appliances Included: Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Window Features: Window Treatments
  • Street Number Modifier: 350
  • Room Count: 7
  • Additional Rooms: Storage Rooms

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Hurricane Shutters, Outdoor Grill, Sliding Doors, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Front Porch, Screened, Side Porch
  • Road Surface Type: Paved, Asphalt
  • Water View: Canal, Gulf/Ocean - Partial
  • Water Access: Beach - Public
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Electric
  • Laundry Features: Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Laundry, Lobby Key Required, Maintenance, Pool, Storage
  • Association Name: Bridgett Spence
  • Phone: 941-922-3391
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1800
  • Condo Fees Term: Quarterly
  • Association Website: Lido shores condominium.com
  • Association Email: bspence@caseymanagement.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 600
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7200
  • Total Monthly Fees: 600

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2016053032
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, City Lot, Near Public Transit, Sidewalk
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Please see condominium association for application process
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see condominium documents for rental restrictions.

Tax Info

  • Tax Annual Amount: 4354.62
  • Tax Book Number: 10-29
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 31, 2022
Sold by
Robert Cerf Fred and Robert Guitty G
Bought by
Sapienza John Steven and Sapienza Maria Angels
Seller's Agent
Susan Smith
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
John Brink
OCEANS GLOBAL REALTY, LLC
List Price
$880,000
Sold Price
$880,000
Current Estimated Value
$813,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,662
Avg. Annual Appreciation
-2.20%

Purchase Details

Closed on
Mar 3, 2006
Sold by
Cerf Fred R and Cerf Guitty G
Bought by
Cerf Fred Robert
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
Sapienza John Steven $880,000 Roknich Law Firm Pa
Cerf Fred Robert -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cerf Fred R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $880,000 0.0% $849 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $880,000 -- $849 / 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 $9,197 $577,900 -- $577,900
2023 $9,197 $604,300 $0 $604,300
2022 $4,354 $315,039 $0 $0
2021 $4,355 $305,863 $0 $0
2020 $4,397 $301,640 $0 $0
2019 $4,276 $294,858 $0 $0
2018 $4,201 $289,360 $0 $0
2017 $4,147 $283,408 $0 $0
2016 $4,303 $346,500 $0 $346,500
2015 $4,363 $341,400 $0 $341,400
2014 $4,355 $269,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Susan Smith

    Michael Saunders

    (941) 383-7591

    1 in this area

    25 Total Sales

    Susan Smith
    Section Image
  • Cathy Meldahl, PA

    Seller Co-Listing Agent in 2022

    Cathy Meldahl, PA

    Michael Saunders

    (941) 724-7228

    1 in this area

    28 Total Sales

    Cathy Meldahl, PA
    Section Image
  • John Brink

    Buyer's Agent in 2022

    John Brink

    OCEANS GLOBAL REALTY, LLC

    (941) 928-5555

    2 in this area

    61 Total Sales

    John Brink
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4533484

Stellar MLS

APN: 2016-05-3032

Florida Sarasota County Sarasota 34236 Lido Key

350 S Polk Dr Unit 508, Sarasota, FL

This home is located at 350 S Polk Dr Unit 508, Sarasota, FL 34236 since 29 April 2022 and is currently estimated at $813,338, approximately $785 per square foot. This property was built in 1977. 350 S Polk Dr Unit 508 is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota School of Arts & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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