Lido Key Real Estate Market Update - 2011

By
Real Estate Agent with DWELL Real Estate

Lido Key real estate

Doesn't that water look inviting? I took that photo when I took my family on a helicopter ride in the summer of 2010. This was the perfect day to do that as the water was super clear and the weather was phenomenal. This photo is a shot of south Lido Key and north Siesta Key off in the distance.

Lido Key is a small barrier island off the coast of Sarasota, Florida. It sits right next to St. Armands Key where you will find the fun and exciting shopping and dining destination of St. Armands Circle. This is a popular spot to people watch, grab an ice cream, get your shopping on, enjoy a tasty meal with your family or meet your friends for some drinks. Cha Cha Coconuts, Tommy Bahamas, Daquiri Deck, 15 South. The Columbia, Crab and Fin, Cafe L' Europe are just of the great places to enjoy.

Lido Key real estate is great place to catch the latest on what is happening with the market.

Lido Key Homes

Some of the finest homes in Florida are located in Lido Shores. Some of the homes have sold in excess of $13,000,000. In 2010 a newer homes was built in Westway Drive overlooking New Pass and it sold for $8,400,000.

Lido Key is small so you won't have hundreds of homes to choose from. If you decide to buy in Sarasota, Florida and this area fits your budget make sure you put it on your list. Very few areas can offer beach, boating and super easy convenience to shopping, golf, tennis, arts, culture and other entertainmain.

Lido Key Condos

Since Lido Key is much smaller than Siesta Key and Longboat Key your condo options are a bit more limited. Lido Key offers condos off the beach starting around $200,000 all of the way to multimillion dollar newer condos on the beach with mouthwatering views like Orchid Beach Club condos.

Lido Key Real Estate Update

Below are Lido Key, Florida sales in 2011.

Address   Sales Price   Neighborhood/Condo Sale Date
1418 JOHN RINGLING PKWY   3,250,000   LIDO KEY 6/20/2011
1300 BENJAMIN FRANKLIN DR # 902   2,875,000   BEACH RESIDENCES 5/2/2011
729 TYLER DR   2,600,000   LIDO BEACH DIV B 6/1/2011
1300 BENJAMIN FRANKLIN DR # 503   2,550,000   THE BEACH RESIDENCES 5/31/2011
405 S POLK DR   2,550,000   LIDO BEACH DIV B 5/31/2011
2050 BENJAMIN FRANKLIN DR # D802   2,375,000   ORCHID BEACH CLUB RESIDENCES 8/24/2011
1 JOHN RINGLING BLVD   2,300,000   LIDO BEACH DIV A REPLAT 7/15/2011
1300 BENJAMIN FRANKLIN DR # 1008   1,890,500   THE BEACH RESIDENCES 5/27/2011
1300 BEN FRANKLIN DR # 1005   1,700,000   The Beach Residences 5/2/2011
2050 BEN FRANKLIN DR # B904   1,600,000   ORCHID BEACH CLUB RESIDENCES 5/6/2011
1800 BEN FRANKLIN # PHA01   1,455,000   LELEGANCE ON LIDO BEACH 2/1/2011
426 CLEVELAND DR   1,450,000   LIDO BEACH DIV B 3 5/12/2011
340 MORNINGSIDE DR   1,250,000   LIDO SHORES 2/10/2011
1800 BEN FRANKLIN DR # A-804   1,235,000   L ELEGANCE ON LIDO BEACH 5/2/2011
1800 BEN FRANKLIN DR # A-802   1,083,000   L ELEGANCE ON LIDO BEACH 6/3/2011
1800 BEN FRANKLIN DR # B-909   1,067,500   L ELEGANCE ON LIDO BEACH 4/28/2011
1800 BEN FRANKLIN DR # 406   1,060,000   L ELEGANCE 5/27/2011
184 WHITTIER DR   1,000,000   LIDO BEACH DIV A 2 J RINGLING EST INC 3/11/2011
1224 WESTWAY DR   735,000   LIDO SHORES 4/25/2011
508 S POLK DR   695,000   LIDO BEACH DIV B RESUB 5/9/2011
1212 BEN FRANKLIN DR # 402   665,000   LIDO BEACH CLUB 3/31/2011
101 BEN FRANKLIN DR # 53   635,000   ST ARMAND TOWERS 3/16/2011
1212 BENJAMIN FRANKLIN DR # 1108   621,000   LIDO BEACH CLUB 6/10/2011
243 COOLIDGE DRIVE   595,000   LIDO BEACH DIV B RESUB 5/31/2011
1100 BENJAMIN FRANKLIN DR # 402   565,000   LIDO SURF & SAND 2/15/2011
1750 BEN FRANKLIN DRIVE # 2D   530,000   KEY TOWER SOUTH 9/22/2011
1100 BENJAMIN FRANKLIN DR # 501   530,000   LIDO SURF & SAND 1/31/2011
1212 BEN FRANKLIN DR # 809   500,000   LIDO BEACH CLUB 3/31/2011
1750 BEN FRANKLIN DRIVE # 6A   455,000   KEY TOWER SOUTH 6/24/2011
165 TYLER DR   440,000   LIDO BEACH DIV B RESUB 9/9/2011
1700 BENJAMIN FRANKLIN DR # 11-A   440,000   LIDO REGENCY 4/29/2011
800 BENJAMIN FRANKLIN DR # 307   430,000   LIDO AMBASSADOR 6/23/2011
1102 BEN FRANKLIN DR # 706   417,500   LIDO SURF & SAND 3/25/2011
1770 BENJAMIN FRANKLIN DR # 307   410,000   LIDO HARBOUR TOWERS 4/28/2011
1900 BEN FRANKLIN DR # 404A   399,000   FIRST LIDO 3/31/2011
1750 BEN FRANKLIN DR # 9C   395,000   KEY TOWER SOUTH 4/15/2011
101 BENJAMIN FRANKLIN DR # 31   385,000   ST ARMAND TOWERS 4/12/2011
1 BEN FRANKLIN DR # 26   380,000   ST ARMAND TOWERS NORTH 8/11/2011
520 S POLK DR   375,000   LIDO BEACH DIV B RESUB 6/10/2011
241 GARFIELD DR   372,000   LIDO BEACH DIV B 7/14/2011
2110 BENJAMIN FRANKLIN DR # 507   368,000   LIDO HARBOUR SOUTH 4/1/2011
1900 BENJAMIN FRANKLIN DR # 202B   355,000   FIRST LIDO 5/2/2011
800 BENJAMIN FRANKLIN DR # 402   353,000   LIDO AMBASSADOR 7/14/2011
1750 BEN FRANKLIN DRIVE # 2A   350,000   KEY TOWER SOUTH 3/25/2011
1 BEN FRANKLIN DR # 35   345,000   ST ARMAND TOWERS NORTH 6/28/2011
350 S POLK DR # 501   342,500   LIDO SHORES 1/26/2011
101 BEN FRANKLIN DR # 54   320,000   ST ARMAND TOWERS 5/19/2011
1001 BENJAMIN FRANKLIN DR # 307   315,000   LIDO TOWERS 5/12/2011
800 S BLVD OF PRESIDENTS # 16   245,000   EMBASSY VILLAS 3/14/2011
1336 BENJAMIN FRANKLIN DR # 21-C   220,000   MARK TWAIN 5/26/2011
350 S POLK DR # 305   210,000   LIDO SHORES 6/6/2011
800 BENJAMIN FRANKLIN DR # 103   185,500   LIDO AMBASSADOR 4/22/2011
800 BENJAMIN FRANKLIN DR # 104   185,000   LIDO AMBASSADOR 5/27/2011
129 TYLER Dr # 201   176,500   Lido Royale 5/6/2011
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Rainmaker
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Kathy Toth
Ann Arbor Market Center Keller Williams - Ann Arbor, MI
Ann Arbor Real Estate Experts - Kathy Toth Team

Marc, very nicely done post; repeat key words, inviting photo for sure, some personal insight and I LOVE it! Regards from Ann Arbor, MI

Oct 02, 2011 12:57 AM #1
Rainmaker
846,015
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Hey Marc, very nice photo. I know your area well and always enjoyed my visits there. Very nice high end sales going on too!

Oct 02, 2011 01:04 AM #2
Rainmaker
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Sharon Lancaster
Sage Executive Group Real Estate - Kelowna, BC
SRES, Realty Executives Okanagan

So beautiful! For years I stayed on Midnight Pass for the winter. Properties were astronomically high - the sand was pristine white - and we mused about how fortunate it would be to own a place there... well, now, it just may be time to take a 2nd look!

 

Nov 02, 2011 06:47 PM #3
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Rainmaker
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Marc Rasmussen

Sarasota Real Estate
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