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Park Residences of Lido Key

Park Residences of Lido Key is a boutique condominium community at 129 and 159 Taft Drive on the southern end of Lido Key. With only 18 residences divided between two low-rise buildings, it offers a more intimate alternative to the larger condominium towers found elsewhere on Sarasota’s barrier islands. Developed by Seaward Development, with architecture by DSDG Architects and construction by Gilbane Building Company, Park Residences was designed around contemporary coastal living. The community combines spacious three-bedroom residences, covered parking, private storage, elevators, and a landscaped courtyard with a heated pool, spa, covered cabanas, fire pit, and barbecue area. The condominium documents identify two buildings, designated Building W and Building E. Building W contains 12 residences and Building E contains six, with three residential levels above covered parking. Six top-floor residences also have private rooftop decks. Original Bismarck and Royal floor plans provide approximately 2,458 to 2,460 square feet of air-conditioned living area, with three bedrooms, three full baths, large great rooms, open kitchens, generous primary suites, and covered terraces. The location is another important part of the community’s appeal. Lido Beach is a short walk away, while South Lido Park and the Ted Sperling Nature Park area provide nearby access to walking trails, mangrove waterways, kayaking, and Sarasota Bay. St. Armands Circle and downtown Sarasota are also within easy reach.

Park Residences of Lido Key


Boutique Contemporary Living Near Lido Beach

Park Residences occupies a distinctive setting near the southern end of Lido Key, positioned between the Gulf of Mexico and Sarasota Bay and directly across from the natural environment surrounding South Lido Park.

The community consists of two four-story buildings organized around a central landscaped courtyard. The West Building contains four residences per residential level, while the East Building contains two. This small-scale layout creates a more private residential experience than a conventional high-rise condominium.



Rather than relying on an extensive clubhouse program, Park Residences focuses on spacious homes, private outdoor living, and a resort-style courtyard appropriate to its 18-residence scale.

18
Residences, two buildings
2016
Completed
Two
Four-story buildings
~2,460 ft²
Living area, Bismarck & Royal plans
6
Residences with private rooftop decks
Why Buyers Love Park Residences of Lido Key

Large homes, only 18 owners.

Park Residences combines large condominium homes with an unusually small number of owners. With just 18 residences and only two or four homes per residential floor, the community feels notably more private than a traditional tower.

The residences are another attraction. Original plans provide approximately 2,460 square feet of interior living area, while the six upper-level homes add private rooftop decks that create a substantial additional outdoor living component.

The location offers several different Lido Key experiences within a compact area. Residents are close to the beach, South Lido Park, kayaking and mangrove waterways, while St. Armands Circle and downtown Sarasota remain easily accessible.

Lido BeachSouth Lido ParkSt. Armands CircleDowntown Sarasota
The Story Behind Park Residences of Lido Key

Two buildings, eighteen homes, by design.

Park Residences was developed during the mid-2010s as a contemporary, low-density addition to Lido Key. Rather than creating a larger tower, Seaward Development planned the community around only 18 residences in two buildings.

West Building

12 Residences

DSDG Architects designed the project with a contemporary coastal character emphasizing open interiors, generous glass, terraces, and strong indoor-outdoor connections, with four residences per level in the West Building.

East Building

6 Residences

The East Building contains two residences per level. The six rooftop residences were also part of the original concept, providing dedicated private outdoor decks above the top residential level.

Today, Park Residences remains closely aligned with that original vision: a small collection of spacious contemporary homes near the beaches, parks, waterways, shopping, and dining of Lido Key.

Residences & Amenities

Eighteen homes, six with private rooftops.

Park Residences contains 18 three-bedroom homes distributed between two low-rise buildings. Original Bismarck and Royal plans provide approximately 2,458 to 2,460 square feet of air-conditioned living area, with three full baths, large great rooms, open kitchens, primary suites with walk-in closets, laundry rooms, and covered balconies.

West Building

Bismarck Plan

East Building

Royal Plan

Top Floor

Six Rooftop-Deck Residences

Signature Feature

Central Landscaped Courtyard

Original Plan

Configuration

Living Area

Bismarck

3 bedrooms, 3 baths

~2,460 sq. ft.

Royal

3 bedrooms, 3 baths

~2,458 sq. ft.

Rooftop Residences (W301–W304, E305–E306)

3 bedrooms, 3 baths, plus private rooftop deck

~2,458–2,460 sq. ft. plus rooftop deck

Residents enjoy:

Heated swimming pool (~1,000 sq. ft.)
Adjacent spa
Four covered cabanas
Poolside seating
Fire pit
Open-trellis barbecue area
Landscaped central courtyard
Assigned covered parking
Enclosed private storage
Bicycle storage
Kayak storage
Elevators
Lifestyle Policies

What to know before you buy.

Pets

Owners may keep up to two dogs and/or domestic cats combined, subject to Board approval. Tenants, guests, and invitees may not bring pets onto the condominium property.

Leasing

Minimum 30-day lease; no more than six leases per calendar year. Subleasing is prohibited.

Parking

Assigned parking is provided. Guest spaces are reserved for guests and may not be used as additional owner parking.

Storage & Kayaks

Enclosed storage is assigned to residences, with designated bicycle and kayak storage. Kayaks or canoes up to 16 feet may be stored in designated areas, subject to current rules.

Grilling

Residences were equipped with natural-gas grills on lanais. Freestanding grills are not permitted.

Rooftop Decks

Available only with designated top-floor residences and subject to additional appearance and use rules.

Pool & Spa

Reserved for owners, approved lessees, and registered guests, subject to current operating rules.

Renovations

Material alterations require prior written Board approval.

Moves

Must be coordinated in advance and completed during approved moving hours.

Buyer Approval

Unit sales require Association approval prior to closing.

Association rules, fees, services, pet policies, leasing restrictions, construction procedures, and amenity operations may change. Buyers should verify all current information directly with the Association and any applicable governmental authority.

Frequently Asked Questions

Everything buyers ask us first.

Where is Park Residences of Lido Key?

Park Residences is located on Taft Drive near the southern end of Lido Key, close to Lido Beach, South Lido Park, and Sarasota Bay.

What are the addresses?

129 Taft Drive and 159 Taft Drive, Sarasota, Florida 34236.

How many residences are there?

There are 18 residences.

How many buildings are there?

Two. The West Building contains 12 residences and the East Building contains six.

When was Park Residences completed?

The community was developed during 2014–2016 and is generally identified as completed in 2016.

What types of floor plans are available?

Original plans include the Bismarck and Royal configurations, both with three bedrooms and three full baths and approximately 2,460 square feet of air-conditioned living area.

Are there penthouses?

Yes. Six top-floor residences have private rooftop decks.

What amenities are available?

Amenities include a heated pool, spa, four covered cabanas, fire pit, barbecue area, landscaped courtyard, bicycle and kayak storage, covered parking, private storage, and elevators.

Is Park Residences directly on the beach?

No. The community is not Gulf-front, but Lido Beach is a short walk away.

Are pets allowed?

Yes. Owners may keep up to two dogs and/or cats combined, subject to Association approval and current rules.

Are rentals permitted?

Yes. Leases must be for at least 30 days and are limited to six per calendar year.

Is parking and storage included?

Residences have assigned covered parking and enclosed storage. Specific assignments should be verified for the individual residence.

Is buyer approval required?

Yes. Association approval is required before closing.

Does Park Residences of Lido Key have an official website?

Yes. Visit the Park Residences of Lido Key Condominium Association website for community information, Association contacts, and resident resources.

Buying in Park Residences of Lido Key

Find your residence.

Every residence at Park Residences offers a slightly different ownership experience. Buyers should compare building, floor level, residence position, balcony orientation, rooftop rights when applicable, parking, storage, views, and renovation history. The six rooftop residences are particularly distinctive because their private terraces significantly expand the outdoor living area. With more than four decades of experience representing Sarasota and Longboat Key's finest properties, Pettingell Professionals helps buyers evaluate the details that distinguish one Park Residences home from another and make informed, property-specific decisions.

Selling in Park Residences of Lido Key

Tell your residence's story.

Today's luxury buyers begin their search long before they schedule a showing. They compare communities, study floor plans or neighborhood maps, evaluate views and locations, and look for reliable information about the details that affect ownership. That's why we've created one of Sarasota's most comprehensive luxury condominium and residential community guides. Our goal is simple. When someone searches for Park Residences of Lido Key, we want them to find the most accurate, informative, and complete resource available. More importantly, we want your residence to be part of that discovery. For sellers, this matters. A Park Residences home should not be presented as simply another Lido Key condominium. Its building, floor plan, terrace, rooftop rights when applicable, parking, storage, condition, and proximity to South Lido Park and Lido Beach are all part of its story. Combined with exceptional photography, aerial imagery when appropriate, cinematic video, strategic digital marketing, and more than four decades of experience representing Sarasota and Longboat Key's finest properties, we position your residence where today's luxury buyers begin their search.

The Pettingell Community Guides

Exceptional real estate decisions begin with exceptional information.


The Pettingell Community Guides were created to provide buyers and sellers with accurate, objective, and thoughtfully researched information about Sarasota and Longboat Key's most exceptional condominium communities, residential neighborhoods, and waterfront enclaves. Every guide is independently researched, regularly updated, and written to help you understand not only the facts about a community, but also the history, lifestyle, architecture, and details that make it unique.

Rather than relying on marketing language or generic descriptions, our goal is to create the most complete and trustworthy resource available for each community we cover. Whether you're buying, selling, or simply exploring Sarasota's luxury real estate market, we hope these guides help you make more informed decisions and discover the communities that best fit your lifestyle.

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