Tuesday, March 10, 2009

Lido Key Florida Real Estate Update - March 2009

Customers are flocking to see Lido Key real estate this season. Each week we have inquiries about condominiums at Orchid Beach Club, St. Armands Towers and Lido Beach club, as well as L Elegance. These condos are located conveniently to Lido Key Beach and are close to dining and shopping on St. Armands Circle.


Homes for sale near the Circle are hot right now to with low interest rates in place and a fabulous selection of inventory. Lido Key FL is an easy drive from Tampa International Airport. The drive takes about 60 minutes.

The Sarasota MLS currently reports 51 Lido Key homes for sale and 123 condos are currently on the market. Prices for homes start at $325k for a two bedroom two bath home within walking distance to St. Armands Circle. Many homes on Lido Key are canal front and need your handyman's special touch. Premium prices are asked for property on deep open water with sweeping views of downtown Sarasota and Sarasota Bay. If you are a boater, some Lido Key homes offer private docks for large boats and some are on sailboat water.

From the Sarasota MLS
  • Active Homes on Lido Key: 51
  • Lowest priced Home: $325,000
  • Highest Priced Home: $11,300,000
  • Pending Sales: 2
  • *Sold Last Six Months: 7

If you are interesting in a maintenance-free lifestyle for your second home, you might consider Lido Key Florida condos for sale. The Sarasota MLS data base reports 123 condos for sale on the Lido Key currently. Newer complexes such as Orchid Beach Club provide owners superior architectural detailing today's luxury buyers expect.

  • Active Condos on Lido Key: 123
  • Lowest Priced Listing: $219,000
  • Highest Priced Listing: $4,495,000
  • Pending Sales: 4
  • *Sold Last Six Months: 10

Call us for detail information on Lido Key homes and condos for sale or check our websites for property listings which are updated daily. For photos, virtual tours and area information for Sarasota, Florida, visit our blogs and find about what's happening in Lido Key Real Estate.

* Appraisers use the sales data from the last six months for comparable purposes.