150 GRANT DRIVE
About This Property
From the moment you arrive, the home's striking facade-framed by sculptural tropical landscaping and dramatic coastal elevation-sets the tone for the experience within. Inside, a private elevator ushers you through soaring spaces bathed in natural light, where vaulted beamed ceilings, custom millwork, and a curated coastal-modern palette create an atmosphere both tranquil and undeniably luxurious. Every room reveals meticulous craftsmanship: designer lighting, tailored wall treatments, wide-plank flooring, and bespoke textures chosen with the precision of a five-star boutique hotel.
The grand first level is an entertainer's masterpiece. An expansive great room unfolds seamlessly into a chef's kitchen outfitted with a massive statement island, premium appliances, and resort-style dining space. Oversized sliders open to breezy terraces that frame lush treetops and shimmering glimpses of the Gulf. Four beautifully appointed guest suites-each with its own private spa-quality bath-offer exceptional comfort reminiscent of exclusive coastal villas.
Ascend to the second level, where a secondary lounge with a sleek wet bar leads to four additional suites, including a breathtaking primary retreat. This sanctuary showcases designer wallpaper, vaulted ceilings with warm wood accents, a private balcony, and a spa bathroom crafted with finishes worthy of a luxury wellness retreat-a freestanding soaking tub, oversized glass shower, exquisite tilework, and double vanities floating above sleek marble floors.
The outdoor living experience is pure resort indulgence. The backyard unveils a private tropical oasis with a lagoon-inspired heated pool, integrated waterslide, sun shelf, and spa, surrounded by lush palms and manicured landscape design. A sprawling covered lanai with tongue-and-groove ceilings, multiple seating areas, and generous dining space invites unforgettable gatherings infused with the glow of southern sunlight. Every level of the home is crowned by balconies and terraces-culminating in a spectacular rooftop deck that captures panoramic views of Lido Key, the Gulf of Mexico, and downtown Sarasota. From sunrise coffees to sunset cocktails, this rooftop haven offers some of the most captivating vistas on the island.
Perfectly positioned just one block from Lido Beach and a short stroll or bike ride to St. Armands Circle's boutiques, culinary destinations, and coastal entertainment, this residence delivers an unparalleled lifestyle. Whether envisioned as an elite personal retreat, a luxurious family compound, or an extraordinary investment opportunity, 150 Grant Drive stands as a masterwork of design, craftsmanship, and coastal luxury-an invitation to experience Lido Key living at its absolute finest.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2025 | Listed by COMPASS FLORIDA LLC | $4,475,000 | |
| Listed by COMPASS FLORIDA LLC | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Listed | $4,985,000 | |
| Listed | |||
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Under contract-accepting backup offers. BRAND NEW 8 BEDROOM 8 1/2 BATH TURNKEY FURNISHED COASTAL HOME IS AN ABSOLUTE MASTERPIECE!!! Welcome to this extraordinary home with highly desired southern exposure, presenting a luxurious opportunity in the sought-after Lido Key area. With the convenience of an elevator servicing all floors, vaulted ceilings, a rooftop terrace, 8 bedrooms, 8 full baths, and 1 half bath. Located just a block away from the pristine shores of Lido Key Beach, this property offers unparalleled accessibility, with a leisurely 2-minute stroll to the beach or a quick 4-minute bike ride to the vibrant St. Armand's Circle. Embrace breathtaking vistas from the expansive balcony, granting you a captivating preview of the finest views Lido Key has to offer, including the Gulf of Mexico and Downtown Sarasota. Picture yourself savoring coffee or cocktails while basking in the sun on the rooftop terrace, balcony, or the inviting and sun-soaked expansive patio. Exquisitely designed with meticulous attention to detail, the interior showcases a tasteful luxury coastal palette, featuring premium materials throughout. On the ground level, this residence comprises a 2-car garage, a welcoming entry foyer, and convenient access to the stairs or elevator. Stepping into the backyard, you'll discover a splendid pool with a slide, a rejuvenating spa, and a lushly landscaped covered patio with ample seating, offering an idyllic setting for private and memorable outdoor gatherings, bathed in the warmth of the southern exposure. The first level of living exudes grandeur, boasting a magnificent great room that encompasses a chef's kitchen with a sizable central island for bar top seating, an expansive living room, and a dining area. This level also accommodates four bedrooms, each with ensuite baths, providing ultimate privacy for your guests. Two of the bedrooms share a generous balcony, perfect for enjoying refreshing breezes and capturing breathtaking sunsets. The entertainment experience continues on the second level, accessible via the elevator or staircase, where you'll be greeted by a second living area featuring a convenient wet bar. An additional four bedrooms await discovery on this floor, including a master suite boasting a standalone tub, a walk-in shower, a walk-in closet, and another generous balcony offering captivating vistas of beautiful Lido Key. The second floor also presents three more bedrooms, each with ensuite bathrooms, and an additional balcony providing access to the rooftop deck, granting awe-inspiring views throughout the day, including mesmerizing sunrises and sunsets! Take advantage of this rare chance to own a coastal paradise and embrace a lifestyle of luxury and beauty on Lido Key.
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| May 2, 2022 | Sold | ||
| Sold | |||
| Nov 17, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017