$5,500,000
129 Mckinley Drive
Sarasota, FL 34236
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Impressive coastal luxury home featuring exquisite finishes throughout and only a block from the beach on the famous Lido Key, Sarasota. Boasting 10 bedrooms, and 12 bathrooms along with a 3 car garage, heated pool & spa this home is sure to please either a homeowner or a savvy investor looking to invest in an income producing vacation rental with a successful history. Turn key furnished and existing property management company in place already allows for a seamless transition. Awesome amenities include a waterslide, waterfall, an elevator and high end appliances. To complement the beautiful aquatic amenities, the sprawling patio features a high top bar with outdoor entertainment, a grilling area, a gaming area with a a ping pong table, and a dining area to perfect nightly entertainment on those Florida evenings. Sip your cocktails or coffee on one of the multiple private balconies or rooftop deck. This residence's prime location is just steps from the turquoise waters of Lido Beach, a 5 minute bike ride to the world famous St. Armands Circle, and a short drive to the historic downtown Sarasota. The main level features 5 guest suites, an oversized great room, and kitchen with a built-in oven, convection oven, refrigerator, and cooktop, leading to the dining room that connects to a covered balcony overlooking a tropical oasis backyard and pool/spa. Expansive 12'-14' ceilings and vast window treatments create a bright & spacious atmosphere. The third level features two master suites and three more guest suites, as well as a den featuring a stainless-steel wet bar. This home is the epitome of elegance, with intricate attention to detail on finishes and furnishings to ensure a luxurious experience.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history363 days on market
- Status: ActiveJan 28, 2026
- Listed$5,500,000Jan 2, 2025
- Price increased$5,500,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 363
- Subdivision
- Lido Beach Div B Resub
- County
- Sarasota
- Year built
- 2022
- Living area
- 5,087 sq ft
- Price/sq ft
- $1,081
- Building area
- 8,863 sq ft (Public Records)
- Lot size
- 8,608 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12115C0137F)
- Garage
- 3 spaces
- Pool
- Private pool
- Annual taxes
- $17,328 (2023)
- Parcel #
- 2016140011
- Zoning
- RMF3
- MLS #
- A4634029
Interior Details
- Bedrooms
- 10
- Full bathrooms
- 10
- Half bathrooms
- 2
- Flooring
- Tile
- Appliances
- Built-In Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Wet Bar, Window Treatments
- Laundry
- Laundry Room
- Stories / Levels
- Two
- Direction faces
- South
- New construction
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 3
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Week
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- See city of Lido Key rules for renting
Exterior & Construction
- Construction materials
- Block, Frame
- Roof
- Metal
- Foundation
- Stilt/On Piling
- Pool
- Private pool
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 1 | Second | 11x14 |
| Bedroom 2 | Second | 11x11 |
| Bedroom 3 | Second | 12x12 |
| Bedroom 4 | Second | 11x11 |
| Bedroom 5 | Second | 11x11 |
| Dining Room | Second | 15x12 |
| Kitchen | Second | 21x10 |
| Great Room | Second | 21x17 |
| Den | Third | 24x12 |
| Primary Bedroom | Third | 15x15 |
| Primary Bathroom | Third | 11x8 |
Listing Details
- Listing date
- 2025-01-02
- On market date
- 2025-01-02
- Original list price
- $5,500,000
- Occupant type
- Vacant
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-01-28
- Tax legal description
- LOT 5 & BEG AT NE COR OF LOT 5 TH N ALONG E LINE OF LOT 5 EXTD 32.5 FT TH W & PARALLEL TO N LINE OF LOT 71.73 FT TH S 32.5 FT TO NW COR OF LOT 5 TH E ALONG N LINE OF LOT 71.73 FT TO POB A RESUB OF BLK
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
John Ringling Blvd, south to McKinley.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of January 28, 2026 at 9:06 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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