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MAJOR PRICE REDUCTION! Prime Lido Beach Opportunity - Discover the potential of this Old Florida gem, located just one block from Lido Beach and less than a mile walk or bike ride to the vibrant shops and dining of St. Armands Circle. Lido Beach offers a serene coastal escape while being just minutes from the energy of downtown Sarasota. Enjoy breathtaking sunsets, peaceful morning walks along the shore, and endless opportunities for swimming, kayaking, and wildlife watching in this coastal paradise. This 3-bedroom, 2-bathroom main home features an attached 1-bedroom, 1-bathroom apartment, offering flexibility for rental income, a guest suite, or multi-generational living. Lovingly lived in by one owner for nearly 40 years, this home sits on an 8,608 sq. ft. lot, this property is zoned RMF3 - Residential, Multi-Family, providing incredible opportunities for redevelopment or investment. Whether you're looking to renovate, expand, or build new, this lot offers endless possibilities in a prime location. While the home has sustained storm damage from Hurricane Helene, it presents an exceptional opportunity for investors or buyers looking to build equity in one of Sarasota's most sought-after beachside communities. Don't miss out on this rare chance to own on Lido Key. Property is being sold as-is.
| DAYS ON MARKET | 403 | LAST UPDATED | 8/12/2025 |
|---|---|---|---|
| TRACT | LIDO BEACH DIV B RESUB | YEAR BUILT | 1933 |
| COMMUNITY | 34236 - Sarasota | COUNTY | Sarasota |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Southside Elementary |
|---|---|
| Jr. High School | Booker Middle |
| High School | Booker High |
| PRICE HISTORY | |
| Prior to Mar 26, '25 | $1,800,000 |
|---|---|
| Mar 26, '25 - Apr 29, '25 | $1,699,000 |
| Apr 29, '25 - Aug 12, '25 | $1,599,000 |
| Aug 12, '25 - Today | $1,395,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | None |
| AREA | 34236 - Sarasota |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Block, Cement Siding |
| EXTERIOR | Garden, Outdoor Shower |
| FIREPLACE | Yes |
| HEAT | Central |
| LOT | 8712 sq ft |
| LOT DESCRIPTION | Level |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | LIDO BEACH DIV B RESUB |
| TAXES | 8286 |
| UTILITIES | Cable Available, Electricity Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Kerry McCarthy, COLDWELL BANKER REALTY, 941-388-3966
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/16/25 5:02 AM PST.
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