129 TAFT DRIVE, #W102, Sarasota, FL, 34236 | $2,350,000

Live the island lifestyle in Lido Key’s premier luxury community, Park Residences of Lido Key, an exclusive boutique enclave with only 18 unique residences perfectly situated between Sarasota Bay and the pristine Gulf of Mexico beaches. This highly desirable unit showcases exquisite craftsmanship, superior quality construction, and a full suite of premium developer upgrades, all enhanced by an abundance of natural light. Designed for effortless single-level living, this meticulous residence features a chef’s kitchen with imported Italian Cucinne Ricci cabinetry, Quartz countertops, Viking and Bosch stainless steel appliances, a generously sized island, and a walk-in pantry. The three-bedroom, three-bath layout includes an expansive primary suite with two walk-in closets, a spa-like bath with a soaking tub, spacious tiled shower, and dual vanities. Low-E, insulated, safety impact-resistant windows and doors provide energy efficiency and peace of mind throughout the home. The light filled private terrace is perfect for outdoor entertaining, offering breathtaking views of the 110-acre Lido Key Park Nature Reserve, a built-in summer kitchen with an Artisan gas grill and hood fan, and the opportunity to soak in mesmerizing nature filled views. The resort-style amenities include a heated pool, separate spa, firepit, cabanas, and a custom trellis with a BBQ area and seating. This home also comes with two reserved parking spaces and a private storage unit. Located just steps away from the sugary sandy beaches of Lido Key kayaking across the street, and a short walk from St. Armands Circle, residents can indulge in world-class shopping, dining, and entertainment, with downtown Sarasota and Sarasota-Bradenton International Airport just minutes away. This coastal home did not have any storm damage whatsoever. The HOA’s property insurance premium DECREASED 20% with the Spring 2025 renewal compared to 2024’s premium reflecting how well Park Residences came through the storms with its high quality construction and design. Don’t miss this rare opportunity to own a piece of paradise on Lido Key.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 3
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Room
  • Complex: PARK RESIDENCES/LIDO KEY
  • Year Built: 2016
  • Common Charge: $7,179 Quarterly
  • Approx Sq. Feet: 2,445
  • Acreage: 1.12
  • Est. Taxes: $28,989
  • Pool: Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4643055
  • Days on Market: 57 days
  • Website: https://www.raveis.com
    /prop/A4643055/129taftdrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/11/2025 11:32:10 PM)
Listing courtesy of Coldwell Banker Realty   Phone: 941-383-6411

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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129 TAFT DRIVE, #W102, Sarasota, FL, 34236

$2,350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,880,000 $1,880,000 $1,880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.751% 6.666%
Monthly Tax Payment $2,416 $2,416 $2,416
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,423 $12,038 $16,377
Total Monthly Payment $13,964 $14,579 $18,918

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.