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About this home
722 S Blvd Of The Presidents #201 is a 1972-built home in Chateau Village, Sarasota. Inside you'll find 1 bedrooms, 1 bathrooms, and 657 square feet of living space. Listed at $459,850 (about $700/sqft), 195 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $785 monthly.
Situated on the second story of a 4 unit building within the complex this turnkey Lido Key condo looks and feels like a cozy beach cottage. Enjoy morning coffee on your south facing balcony. Refresh yourself in the beautiful blue Gulf waters at the end of the street then pop over to the adjacent beach bar for lunch, happy hour, or sunset! Walk (or rent a bike) to nearby St Armands Circle and enjoy its myriad of shopping and dining choices - day and night. There's a romantic fireplace (heat optional)for curling up with a good book if we have a cold snap, a full size W/D, lots of closet space, a carport, and (drumroll)..... excellent income potential! Why is the price higher than some? Because of the income potential. The complex is one of the few on Lido Key that doesn't require long term rentals - this allows you to maximize income. It is very popular on Airbnb and VRBO, with many guests returning regularly year 'round. Summer rates for this floorplan are apprx. $240 nt. and Season '27 bookings are $365+ nt.. Upgrades have created a roomy space that adapts well to dual purpose use. While there's a carport, a car isn't really needed to get around the island, and there is a free trolley to/from Whole Foods and adjacent Main Street restaurants and shops, as well as an almost free taxi type service.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Sample: 165 closed condo sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$459,850
$700 per sq ft
Beds and baths
1 beds, 1 baths
Size
657 sq ft
Time on market
195 days
Year built
1972
Monthly payment
About $3,496/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $995 annual tax bill, insurance, and $785/mo in condo dues.
Condo dues
$785/mo
Managed by Casey Condominium Management.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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