NOT LISTED FOR SALE

Estimated Value: $3,485,000 - $4,326,000

3 Beds
3 Baths
2,396 Sq Ft
$1,598/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $4,000,000 $1,669 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $24,812/month

83 Days on Market

Highlights

  • Access to Bay or Harbor
  • Boat Slip Deeded
  • Property Fronts a Bay or Harbor
  • Southside Elementary School Rated A
  • Boat Lift
  • Heated In Ground Pool

About This Home

As of February 2024

$200,000 price reduction. Waterfront Lido Key home within walking distance to charming St Armands Circle and the prestine shores of Lido Beach. Situated on the serene street of Cleveland Drive, this home faces south and resides on the widest sailboat and deep vessel water canal on Lido Key. This custom Arthur Rutenberg home also features 3 bedrooms, 3 bathrooms, 1 office, a private pool, an observation deck, and a newer, privately deeded dock with a 13,000 lbs lift—ideal for boat enthusiasts. From the expansive indoor and outdoor living spaces, soak in breathtaking panoramic water views. Entertain seamlessly on the patio, featuring an outdoor kitchen with a natural gas grill, or on the spacious upper observation deck. Experience tranquility and witness wildlife while kayaking through the South Lido mangroves. After the short paddle home, cool off in your outdoor shower or private pool & spa, both just steps away from the water's edge. The exceptional water views can be enjoyed from the master suite sitting area. The master suite provides privacy, dual bathrooms including an Italian walk-in shower, high ceilings and private access to the paver brick veranda. Owned solar panels and newly installed generator offer sustainability and peace of mind. This is truly a rare and incredible opportunity to purchase a 0.34 acre/ near 15,000 square feet lot with canal frontage on Lido Key. This location is walkable to St Armands with its many restaurants and boutiques, and the beautiful Lido Beach Sunsets. Bring your boat and live the Lido Key lifestyle.

Last Agent to Sell the Property

Greg Orquera

ORQUERA FLORIDA INVESTMENTS Brokerage Phone: 941-203-8135 License #3264259 Listed on: 09/13/2023

Last Buyer's Agent

Greg Orquera

ORQUERA FLORIDA INVESTMENTS Brokerage Phone: 941-203-8135 License #3264259 Listed on: 09/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,468

Year Built

  • Built in 2010

Lot Details

  • 0.34 Acre Lot
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • South Facing Home
  • Irrigation
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage

Property Views

  • Full Bay or Harbor
  • Canal

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,396 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Dock has access to water
  • Boat Lift
  • Boat Slip Deeded
  • Deck
  • Patio
  • Outdoor Kitchen
  • Outdoor Grill

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Additional Features

  • Flood Zone Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lido Beach Community
  • Lido Beach Div B 3 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,468

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2396
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 2010
  • Building Area Total: 4137
  • Lot Size Sq Ft: 14865
  • Directions to Property: From St Armands, go south on Boulevard of the Presidents. Make a left on Cleveland Dr to 426 Cleveland on your right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 163320609
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 1669.45
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_SolarPanelOwnership: Owned
  • Attribution Contact: 941-203-8135
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Street Number Modifier: 426
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 222.60
  • Room Count: 4

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground, Salt Water
  • Exterior Features: Irrigation System, Outdoor Grill, Outdoor Kitchen, Outdoor Shower
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Canal - Saltwater
  • Water Extras: Dock - Slip Deeded On-Site,Dock w/Electric,Dock w/Water Supply,Lift,Sailboat Water
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0137F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Natural Gas Available, Solar
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2016110050
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1381

Green Features

  • Green Power: Solar
  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Per city rules

Tax Info

  • Tax Annual Amount: 19468
  • Tax Block: 64
  • Tax Book Number: 2-207
  • Tax Lot: 64

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Feb 6, 2024
Sold by
Quinn Christopher Paul and Reyna Rosanna
Bought by
Leonard Gregory T
Seller's Agent
Greg Orquera
ORQUERA FLORIDA INVESTMENTS
Buyer's Agent
Greg Orquera
ORQUERA FLORIDA INVESTMENTS
List Price
$4,850,000
Sold Price
$4,000,000
Premium/Discount to List
-$850,000
-17.53%
Views
80
Current Estimated Value
$3,828,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$171,068
Avg. Annual Appreciation
1.77%
Original Mortgage
$3,000,000
Outstanding Balance
$2,964,529
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,142,558

Purchase Details

Listed on
Jun 1, 2022
Closed on
May 31, 2022
Sold by
Ohanesian Robert M and Ohanesian Cheryl E
Bought by
Quinn Christopher P and Quinn Reyna Rosanna
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Greg Orquera
ORQUERA FLORIDA INVESTMENTS
List Price
$4,000,000
Sold Price
$4,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$1,250,000
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2011
Sold by
Mclaughlin Ralph R and Mclaughlin Claire
Bought by
Ohanesian Robert M and Moore Cheryl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,900
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2009
Sold by
Hackel Richard J and Hackel Lynn Dee
Bought by
Mclaughlin Ralph R and Mclaughlin Claire

Purchase Details

Closed on
Feb 3, 2005
Sold by
Moschini Sandra
Bought by
Hackel Richard J and Hackel Lynn Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Leonard Gregory T $4,000,000 None Listed On Document
Quinn Christopher P $4,000,000 Guerin Kirsten E
Ohanesian Robert M $1,450,000 Attorney
Mclaughlin Ralph R $900,000 Attorney
Hackel Richard J $1,450,000 Msc Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Gregory T $500,000
Open Leonard Gregory T $3,000,000
Previous Owner Quinn Christopher P $1,250,000
Previous Owner Ohanesian Robert M $999,900
Previous Owner Hackel Richard J $1,000,000
Previous Owner Moschini Sandra $205,000
Previous Owner Moschini Sandra $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $4,000,000 -10.9% $1,669 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/23/2023 11/23/23 Price Changed $4,490,000 -4.3% $1,874 / Sq Ft
11/10/2023 11/10/23 Price Changed $4,690,000 -2.1% $1,957 / Sq Ft
10/27/2023 10/27/23 Price Changed $4,790,000 -1.2% $1,999 / Sq Ft
09/13/2023 09/13/23 For Sale $4,850,000 +21.3% $2,024 / Sq Ft
06/01/2022 06/01/22 Sold $4,000,000 0.0% $1,669 / Sq Ft
06/01/2022 06/01/22 For Sale $4,000,000 -- $1,669 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
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 $47,385 $3,229,200 $2,119,600 $1,109,600
2023 $47,385 $3,226,100 $2,121,500 $1,104,600
2022 $19,468 $1,321,489 $0 $0
2021 $19,664 $1,282,999 $0 $0
2020 $19,905 $1,265,285 $0 $0
2019 $19,405 $1,236,838 $0 $0
2018 $19,097 $1,213,776 $0 $0
2017 $18,882 $1,188,811 $0 $0
2016 $18,834 $1,447,300 $895,500 $551,800
2015 $19,105 $1,263,400 $807,400 $456,000
2014 $19,091 $1,129,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4582370

Stellar MLS

APN: 2016-11-0050