This lovely condo in Orchid Beach Club recently sold for $1,350,000. It was listed for $1,500,000 and was on the market for 206 days. This was a 3 bedroom, 3 bathroom, 2,936 square foot condo with fabulous views of the Gulf of Mexico, downtown skyline and the Sarasota bay.

Enjoy the best of both views from this stunning Orchid Beach residence located on the Suncoast’s pristine Lido Key.  From the seventh floor balconies of this corner unit one can observe Sarasota’s dazzling bay front and the alluring Gulf of Mexico. The opulent private lobby sets the theme for this spectacular home showcasing custom iron and etched glass double entry doors, gathered fabric lined walls and flanking imported lanterns. Navona cross cut travertine flows throughout the residence highlighted by accents of Uba Tuba polished granite. Architectural ceiling details are expertly finished with crown molding and inset rope lighting. The grand room features a custom entertainment center with iron gates concealing glass shelving, lavish wet bar, equipment area and bench seat.  Skillfully designed Neff cabinetry works in harmony with professionally selected appliances and dramatic Uba Tuba granite to create a functional yet beautiful kitchen. All three baths are lavishly appointed with floor to ceiling marble, Kohler Memoirs polished brass valves, custom cabinetry and spacious walk-in showers.

Give me a call at 941.812.6272 if you would like to buy or sell a condo in the Orchid Beach Club.

* This property was listed by Michael Saunders and Company *

Thinking about buying a condo on Lido Key? Here is a market update for Lido Key condos for sale:

• 101 condos currently for sale
• Lowest priced condo – $169,900
• Highest priced condo – $6,985,000 – Orchid Beach Club
• 7 Lido Key condos currently pending and waiting to close

Lido Key Condos Sold in 2009

• 36 Lido Key condos sold so far in 2009
• Highest sales price – $3,050,000 – Ritz Carlton Beach Residences
• Lowest sales price  – $196,322
• Average sales price – $920,466
• Median sales price – $530,000

Visit my Sarasota MLS if you want to search for Lido Key condos for sale.

Lido Key Condos Sold in August 2009

• 7 Lido Key condos sold in August of 2009
• Lowest sales price – $280,000
• Highest sales price – $2,350,000 – Orchid Beach Club
• Average sales price – $855,428
• Median sales price – $485,000

If I can help you buy or sell Sarasota real estate call me at 941.812.6272.

Lido Harbour South Condo – Just Sold

This condo in Lido Harbour South recently sold for $385,000. This was a 2 bedroom, 2 bathroom, 1,248 square foot condo on Lido Key beach. The asking price was $399,900.  It was on the market 232 days before it received the buyers contract that sold it.

Property Description:

Location, convenience, sunsets and more in this 3rd floor, Gulf front complex with breathtaking gulf views and white sandy beach. Next door to Lido Park with nature trails and BBQ areas. Entertain in style in this nicely maintained, fine, turnkey ready and move in condition with brand new shell/man-made stone countertops. Not just a carefree condo where memories are made of; it’s a lifestyle in itself. Don’t dream a dream. Buy one! Enjoy the many island-style amenities available such as clubhouse & pool area w/exercise equipment. Close to St. Armands Circle for Epicurean dining & fine shopping.

Visit my Lido Harbour South condo page to view everything for sale in the building. This page is updated daily with new listings, photos, details, virtual tours and Birdseye images. Call me at 941.812.6272 if I can help you buy or sell a Lido Key condo.

Lido Key Condo Foreclosure

I showed this condo last Saturday to some out of town buyers. The condo has not been taken back by the bank yet but it looks like it will. It was purchased in May of 2005 for $435,600 and is now listed for $285,000. Embassy Villas is a cute complex only a few blocks from Lido Key beach. This would be a great winter or weekend getaway. The unit is not in fabulous shape but a coat of paint, a deep cleaning, good decorating and some nice furniture and this place would be spectacular. It is a 2 bedroom, 2 bathroom town house with 1,090 square feet.

Sarasota MLS Property Description:

BEST PRICED 2BR, 2 BTH ON LIDO KEY ….  BANK APPROVES SHORT SALE AT $281,000.  Great investment opportunity with short term rental allowed (2 week minimum x 26 times a year).  Updated 2 bedroom plus 2 bath end unit villa with vaulted ceilings and wood cabinets.   Renters love being only 2 blocks to Lido Beach. This home is approximately half mile to St. Armand’s Circle where one can enjoy a variety of restaurants, fabulous shops and all that St. Armand’s is famous for. A short drive will take you downtown Sarasota for symphony, theater, musuems, Whole Foods, libraries, Selby Gardens, more restaurants, GWIZ, Van Wezel, etc. If you are doing a 1031 exchange or just want to make an investment, you must consider this unit! Offered “As-Is” with right to inspect. Bank may take 6 – 8 weeks for approval.

View my Lido Key condo page to see everything for sale on the island. If I can help you buy a condo on Lido Key give me a call at 941-.812.6272.

Lido Key Condo Market Update

Condos currently for sale – 122

Highest asking price – $4,495,000

Lowest asking price – $219,000

Average asking price – $1,184,020

Median asking price – $692,500

Condos under contract – 4

# of condos sold in February 2009 – 1

Sales price – $237,500

# of condos sold in February 2008 – 2

Orchid Beach Club Condo For Sale

This is one of my favorite beach front condo complexes in Sarasota. Here is a new listing in the building. This is a 3 bedroom, 3 bathroom, 2,936 square foot condo on the 5th floor. 

Address: 2050 BEN FRANKLIN DR # 504B

Property Description:

Breathtaking views of the city lights at night and of the sky blue waters of the Gulf during the day. Beautifully appointed, fully furnished, competitively priced unit in one of Lido Key’s most prestigious buildings. Decor matches the look and feel of the newly built complex and this unit is ready to move in. The guard at the gate will assist your guests in finding their way and the on-site concierge will assist you with all your needs.

Visit my Orchid Beach Club page to view all condos for sale in the building.

Lido Key Condo For Sale

This 2 bedroom, 2.5 bathroom condo with 1,306 square feet was recently listed for $475,000. It is convenient to Lido Key beach and the world famous St. Armands Circle. 

Address: 945 BEN FRANKLIN DR # 5

Property Description: Large reduction for immediate sale. Nestled within a quiet compound of only 7 residences this multi-level town home awaits you. It feels more like a single family home across from Lido Beach. First level consist of 2 full size garages & storage, second level – living room, dining area, eat in kitchen, laundry, 1/2 bath, terrace and balcony. Next level consists of 2 bedroom suits, master has separate shower and spa/hydro massage tub, vaulted ceilings, balcony and terrace with gulf views. Low maintenance and heated pool. Close to St. Armands.

Call me at 941-812-6272 if you are looking to buy a Lido Key condo. Visit my Lido Key Condo page to view hundreds of properties for sale on Lido Key.

Price Reduced on Beach Residences Condo

The price of this 3 bedroom, 3.5 bathroom, 3,057 square foot condo at The Ritz Carlton Beach Residences was reduced from $1,850,000 to $1,600,000. This is a 7th floor unit with spectacular views of the Sarasota bay and city skyline.

Located on the coveted site of The Ritz-Carlton Members Beach Club, this terrific plan offers beautiful morning sun with panoramic views of the city skyline, the bay, the Intracoastal waterway and the nature preserve. A very private location with no buildings obstructing your tremendous views. A very relaxed and comfortable residence, beautifully furnished, with lovely master and guest suites and an optional 3rd bedroom or den/office. Large windows in the spacious gourmet eat-in kitchen which opens to the great room providing wonderful entertainment space and views from every room.

View the Virtual Tour.

Fill out the form below or call me at 941-812-6272 if I can show you this or any other Lido Key condo.

View my Lido Key condo page to see hundreds of condos for sale on the island or my Ritz Carlton Beach Residences page to see what else is for sale in the building. 

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Lido Harbour South Condo Reduced Again

This owner wants this condo sold. Look at my post on the 16th of January about a price reduction from $499,000 to $434,900. This beach front condo is a 2 bedroom, 2 bathroom condo with 1,248 square feet.

To view this condo call me at 941-812-6272 or fill out the form below.

Lido Ambassador on Lido Key

Thinking about your very own place on Lido Key? Take a look at this beach front condo at the Lido Ambassador. This 2 bedroom, 2 bathroom , 1,150 square foot condo is located conveniently on Lido Key beach. You can be walking on the sands of the beach within minutes from this condo.

The price of this Lido Key beachfront condo was just lowered from $535,000 to $499,000.

Property Description:

Come home to this completely updated 2/2 unit with gulf views!  Everything has been done for you, all this needs is you!  Gorgeous kitchen with granite counters and wine cooler, new wood flooring, updated baths with multiple shower heads, remote window treatments in living room and a spacious lanai with great views. Space saving concepts throughout.  Great heated pool directly on the beach!  Don’t miss out on this tremendous opportunity!  Close to fabulous dining and shops on St. Armand’s Circle.  Furniture available for separate purchase.

To view this condo give me a call at 941-812-6272.

View my Lido Key condos page to view all condos for sale on the island. You can also view everything for sale on my Lido Ambassador page.