Lido Beach Real Estate
Lido Key, Florida
Lido Key is a barrier island connected to mainland Sarasota by John Ringling Causeway. It is part of Sarasota City Florida, with Longboat Key to its North and Siesta Key to its South. Over the years, various real estate developers tried their luck elevating the island to its best possibilities and potential since they were attracted to its beauty. Thomas Martin Worcester from Cleveland, captivated by the charm of Lido Key first built an intricate palace for his wife, treating it as his labor of love masterpiece. It was 3 years in the making and was finally opened to the public, stunning guests and even the media so news spread out featuring the beauty of the Lido Key. It then fascinated more property developers to pursue contributing to the development of the island.
Lido Key was developed comprehensively by John Ringling before he passed away. He was the founder of the Ringling Bros. Circus and rumored that he won a collection of islands in a poker match including Lido Key. He at once started molding the island, rolling out plans to establish new buildings, landscapes and art installations. Most of these didn’t last long but his vision for the island remains and everyday people from all walks of life feel his inspiration. Once home to the Lido Beach Casino, Lido Key was recognized as a place to have sophisticated life while enjoying seaside ecstasy, thus remaining as a popular attraction in Florida for more than a century.
Adjacent to Lido Key is a famous hub for elegant boutique shopping and fine dining with more than 130 business establishments called the St. Armand’s Circle, also owned and developed by Ringling with relics of his art collections and landscaping created way back in 1920s. To date, developers paid him tribute by naming the streets of Lido Key after Ringling. 33 incredible statues line the shopping circle, some of which belonged to his personal collection as a lover of fine art. His legacy inspired the beautification effort in Sarasota called Save Our Statues Project which was launched last 2007.
Prestigious multi-million dollar houses were built in Lido Key, with postmodern architecture, covered by leafy palm trees above marvelous driveways and yards. Captivating views of the sea can be seen on Lido Key stylish multi-story condos while attractive townhouses are situated nearby downtown attractions and amenities. Diverse properties range from contemporary coastal styles, modern urban lofts to conventional Mediterranean architectural designs with classical exteriors and exemplary floor plans near dazzling beaches or vivacious downtown center.
Lido Key has three beaches; the first is the Lido Key Public Beach Park which is just a short walk towards St. Armand’s circle offering superb amenities, with shaded tables, bathrooms, public pool, lifeguards, playground, and a concession stand. The second beach is called North Lido Key Beach Park, a private retreat compared to the busy crowded nearby beaches of Siesta Key where the best sand dunes can be found and some nesting aquatic birds can be evident. This was bought by the City of Sarasota with the aim to preserve the wildlife habitat, alongside the improved landscapes and walking trails.
South Lido Key Beach Park is a perfect area for adventure offering grilling spots, picnic tables, a playground, beach volleyball court, nature strolling paths and a waterway close by ideal for kayaking and canoeing on the peaceful lagoon and mangrove strait. It includes a woodland trail perfect for hiking enthusiasts as well. Activities at the beach include deep sea fishing, sailing, dolphin-watching and swimming with options to cruise while watching the sunset or capture the colorful majesty over the Gulf. Visitors to these fine Florida beaches are privileged to avail of free parking all year round, mostly with available spots unlike other beaches. Lido Key can be considered as one of Sarasota’s distinct areas with impressive architecture, scenery, cosmopolitan community and multiple activities it has to offer.
Lido Beach Listings Summary
Lido Beach - Town vs. County Stats
Avg Price in Lido Beach: $4,637,400 / County Avg $877,100
Avg Taxes in Lido Beach: $16,800 / County Avg $24,400
Avg Sq. Ft. in Lido Beach: 3,470 / County Avg 2,145
Avg Price per/ft2 in Lido Beach: $1336 / County Avg $409
Avg Walkscore in Lido Beach: 42 / County Avg 29
Avg Year Built in Lido Beach: 1983 / County Avg 1992
Avg Days on Website in Lido Beach: 64 / County Avg 125