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Lido Key Condominium Update

May 2, 2006

There are many condominiums along the shores of Lido Key. Some allow rentals at a minimum of 6 months, some 4 months, some 3 months, some 1 month, while others allow a minimum stay of 2 weeks, one week or no minimum at all. Some condominiums are restricted to ownership by ages 55 and up.

Today on Lido Key there are 131 condominiums for sale at an average price of $1,381,400. The highest priced condominium is $7,800,000 for a 5987 square feet unit at Orchid Beach Club. The lowest priced condominium is $275,000 for unit at Pelican Gardens.

During the last three months 14 condominium units have sold on Lido Key. The highest priced unit was at Orchid Beach Club and was originally listed at $2,997,000 and sold for $2,665,000. The lowest priced sale was $250,000 for a Pelican Gardens condominium. The average listed price of units sold was $941,564.

For more information about Lido Key Condominiums, visit www.lidokeycondominiums.com

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