159 TAFT DRIVE #E105
About This Property
Enjoy serene pool and lush tropical views while embracing the exceptional lifestyle of this coveted Lido Key address. Perfectly situated just moments from the powder-soft sands of Lido Beach, the upscale boutiques and fine dining of St. Armands Circle, and the vibrant cultural attractions of downtown Sarasota, this location captures the very best of coastal living. Residents enjoy an intimate, resort-style setting featuring a heated pool and spa, an expansive private courtyard shared by just 18 residences, poolside cabanas, abundant lounge seating with umbrellas, and a custom-designed fire pit-creating the perfect atmosphere for relaxation and entertaining.
With 2,640 square feet of luxury living, an exceptional three-bedroom floor plan, and a premier island location, this residence offers an extraordinary blend of sophistication, comfort, and convenience. Additional features include two covered, secured, assigned parking spaces, a private secured storage room within the garage, convenient ground-level bicycle and kayak storage, and an artisan barbecue grill with a hooded ventilation fan on your private terrace-perfect for outdoor entertaining. Experience the distinction of newer luxury living at Park Residences of Lido Key, where every detail elevates the art of coastal living.
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 10, 2026 | Listed by FINE PROPERTIES | $2,825,000 | |
| Listed by FINE PROPERTIES | |||
| Jan 25, 2023 | Sold | ||
| Sold | |||
| Oct 27, 2022 | Listed by COLDWELL BANKER REALTY | $2,899,500 | |
| Listed by COLDWELL BANKER REALTY | |||
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Welcome to your own private resort, all the amenities of a beach-side retreat with the elegance and sophistication you deserve. Coastal contemporary architecture--yet the epitome of elegance. 2016 construction built above the standards of safety codes.
This particular home includes nearly every possible upgrade and has been barely lived-in. A rarely-used gourmet kitchen with Cucine Ricci Imported Italian cabinetry and soft-close drawers and cabinets, high-end tile and wood flooring, a high-tech AV system with one-touch shades and lighting. This still looks and feels like a new home!
A primary bedroom with dual walk-in custom closets, a double vanity in the bathroom with a soaking tub and oversized walk-in shower with two heads. A never-used private gas grill on an almost 200 sq ft balcony with your own private spiral-staircase leading down to a salt water pool with cabanas and a fire pit.
Walk to St. Armands Circle, join the Ritz-Carlton Beach Club at the end of the block or launch a kayak from the adjacent 110-acre waterfront park. Your view is always protected. You have two reserved parking spots under the building with additional storage space. This home has it all--location, technology and comfort. A great value, built beyond specifications! All furnishings can be purchased.
Professionally-narrated video with drone footage: https://youtu.be/ERr_HcIWwz4
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/10/2026
|
3 Bed
|
3 Bath
|
2460 ft²
|
$2,825,000
3 Bed
3 Bath
2460 ft²
|
-
-
|
Rian Carver
FINE PROPERTIES
| |
|
07/27/2023
|
3 Bed
|
3 Bath
|
2650 ft²
|
$2,775,000
3 Bed
3 Bath
2650 ft²
|
$2,525,000
-9.01%
09/04/2024
|
Anna Chesanek
LOKATION
| |
|
04/28/2023
|
3 Bed
|
3 Bath
|
2460 ft²
|
$2,699,000
3 Bed
3 Bath
2460 ft²
|
$2,450,000
-9.23%
08/15/2023
|
Nicholle McKiernan
COLDWELL BANKER REALTY
| |
|
12/21/2022
|
3 Bed
|
3 Bath
|
2460 ft²
|
$3,500,000
3 Bed
3 Bath
2460 ft²
|
-
-
|
Judy Kepecz-Hays
COLDWELL BANKER REALTY
| |
|
11/11/2022
|
3 Bed
|
3 Bath
|
2460 ft²
|
$2,850,000
3 Bed
3 Bath
2460 ft²
|
-
-
|
Darrin Campbell
MEDWAY REALTY
| |
|
10/27/2022
|
3 Bed
|
3 Bath
|
2460 ft²
|
$2,899,500
3 Bed
3 Bath
2460 ft²
|
$2,630,000
-9.29%
01/25/2023
|
Ray Collins
COLDWELL BANKER REALTY
| |
|
11/12/2021
|
3 Bed
|
3 Bath
|
2460 ft²
|
$2,950,000
3 Bed
3 Bath
2460 ft²
|
$2,800,000
-5.08%
12/15/2021
|
Judy Kepecz-Hays
COLDWELL BANKER REALTY
| |
|
10/28/2020
|
3 Bed
|
3 Bath
|
2228 ft²
|
$1,725,000
3 Bed
3 Bath
2228 ft²
|
-
-
|
-
| |
|
05/15/2018
| |
3 Bed
|
3 Bath
|
2458 ft²
|
-
3 Bed
3 Bath
2458 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017