Sarasota  »  34236  »  Lido Key

425 McKinley Drive, Sarasota, FL 34236

Lido Key, Sarasota
Building in Lido Key
100 Stories
Built in 1956
425 Mckinley Drive - Photo 1
425 Mckinley Drive
Lido Key, Sarasota
$9,590
|
4 Bed
|
4 Bath
By Anthony DeLuca
Welcome to 425 McKinley Drive, a building located in Lido Key, Sarasota in Sarasota, FL. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1956. This is a relatively tall building with a total of 100 floors. Finally, 425 McKinley Drive was most recently sold on Jan 11, 2024 for $2,750,000. The market value for the land that the building sits on has been listed at $1,615,400. In addition, improvements upon the building have an added value of $570,100. In total, the total market value of the property as a whole is $2,185,500. According to local assessors, the total value of the building is currently valued at $933,630. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. Thankfully, there is a . As you tour, you should expect to find flooring throughout the property. The building depends on for cooling. Speaking of cooling systems, the heat in the building is controlled via . Are you a fan of fireplaces? Good news! This property has one single fireplace. Tenants living in this building will be happy to learn that there is a both a and a . For those who love to swim, don't worry, there is a on site. The local assessor's office has provided us with data that shows that the building has a ext:roof_type_code_text roof and it is made up of ext:roof_cover_code_text.
Facts
General
Year Built
1956
Effective Year Built
2017
Building Count
1
Total Rooms
6
Bedroom Count
4
Bathroom Count
4
Full Bathrooms
4
Partial Bathrooms
4
Building Condition
6
Building Quality
10
Construction Type
12
Building Style
0
Exterior Walls Type
18
Interior Walls Type
6
Roof Shape Type
1
Roof Cover Type
5
Floor Count
100
Living Units
1
Floor Cover
15
Basement Type
0
Basement Area
0
Garage Type
1
Garage Square Area
431
Parking Space Count
2
Patio Type
5
Porch Type
36
Pool Type
8
Location Influence Type
113
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
0
Property Class
R
Subdivision
LIDO BEACH DIV B PLAT 3
Land Acres
0000000310
Standard Land Use Code
1001
County Land Use Code
0100
State Land Use Code
001
Legal Description 1
BEG AT SW COR BLK 64 TH NELY 135 FT TH NWLY 100 FT TH SWLY 135 FT TH SELY 100 FT TO POB PLAT 3 JOHN RINGLING EST INC LIDO BEACH DIV B, BEING SAME LANDS AS DESC IN ORI 2022022142
Neighborhood
School District Name
Sarasota County School District
School Tax School District
T02 T02D A055
Census Tract
000700
Census Block Code
3025
Census Group
3
Census Year
2020
Census - Combined Statistical Area - Area Code
412
Census - Combined Statistical Area - Area Name
North Port-Sarasota, FL
Census - County FIPS
12115
Census - Full FIPS
121150007003025
Census - Metro Micro Statistical Area - Area Code
35840
Census - Metro Micro Statistical Area - Area Name
North Port-Sarasota-Bradenton, FL
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1264175
Census Source
US Census Bureau
Census State FIPS
12
Census Tract Code
000700
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1201680
School District - Unified - Name
Sarasota County School District
Zoning
Zoning
RSF1
Geography
Assessors Map Reference
20
Account Number
2016100007
Subdivision Tract Number
653
Parcel
2016-10-0007
Block
64
Lot
64
Meridian
SEC 35 TWN 36S RNG 17E
Municipality
CITY OF SARASOTA
Latitude
27.3101
Longitude
-82.571
FIPS
12115
Old APN
2016100007
Geo Status Code
R
Valuation
Timestamp
2024-01-25 20:02:19
UCID Flag
C
More About The Building
In total, the building area is listed as 2,440 square feet. The building itself has 2,871 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. From what we gather, the control joints used in the construction of this particular building for contraction purposes were made of . The quality of the contraction has been rated as . The facade was constructed using . While the interior walls were made of . The building class code for 425 McKinley Drive is unknown but given the importance of this information, we will work to update this data as soon as possible. The overall condition of the building is considered to be average.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Lido Key area have a median price of $5,850. Those in the 25th percentile, have a price around $3,363. While those in the 75th percentile, have a price around $8,125. Typically, the buildings in this area have a median sqft of 1,220. That means that the median price per sqft is around $57. In other words, the price per sqft for buildings in the 25th percentile is $43. While the price per sqft for buildings in the 75th percentile is $70. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently a total of 10 one bedroom listings. The median price for these types of listings is $3,048. That's $44.98 price per sqft.

  • There are currently a total of 35 two bedroom listings. The median price for these types of listings is $6,500. That's $62.02 price per sqft.

  • There is currently a single advertised three bedroom listing. The median price for these types of listings is $26,250. That's $90.99 price per sqft.

  • There are currently a total of 2 four bedroom listings. The median price for these types of listings is $19,510. That's $92.24 price per sqft.
About The Area
425 McKinley Drive is located in 34236. There are 12,157 people living here. There are 6,470 households. Most of these households have an average family size of 2.44 people. According to the census, 42% are currently renting while 58% own their homes. The median age of this population is around 63.6 years old. On average, most folks in the zipcode are unmarried. About 14% of folks speak a language other than English in this area. The area's employment rate is currently around 36.1%. Speaking of employment, the median income is $51,292. Most folks will commute by car for around 19.7 minutes. Finally, we know that 16% of residents in the area have graduated with their high school degree. Additionally, 29% and 23% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Sarasota County, Florida has a population of 398,011 people. Based on census records, there are 175,576 registered households. Families in this area are on average made up of 2.8 people per household. Most folks are unmarried. They are also typically around 54.5 years old. Does diversity matter to you? Right now, 13% of folks speak a language other than English here. About 27% rent while 73% purchased their homes. Right now, the community is made up of 30% of residents who have graduated with at least a high school degree. On top of that, 20% have a Bachelor's degree and 13% have a Master's degree. The employment rate is currently around 45.4%. Those employed, have a median income of $52,796. If you move here, you can expect to commute mostly by car for around 23.2 minutes.

Finally, let's take a look at the stats related to Sarasota - Bradenton, FL Urban Area. The urban area is home to 683,872 people. A total of 289,294 households are registered here. With average family sizes being listed at 2.91 people. About 30% of residents have graduated with a high school degree. Of the rest, 19% have their Bachelor's and 12% have their Master's degree. Folks speaking a language other than English, make up about 15% of the population. Speaking of your commute, 46.6% of people in this area are employed. The recorded median income is currently at $50,907 per year. The median population age has been listed at 52.3 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 29% of the population while homeowners are at about 71% of the population.
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Studio Median Rent
$3,048
1BR Median Rent
$6,500
2BR Median Rent
$26,250
3BR Median Rent