Kingston Arms

Kingston Arms Condos for Sale – Lido Key, Sarasota, Florida 34236

Credit is due to the real estate brokers who can promptly seal for their clients a deal at Kingston Arms from listings of Sarasota/Lido Key condos for sale. Available units could be very infrequent in this condominium which was developed in 1963 for just 49 units.

Because of this condo’s great location at 500 S Washington Drive in St. Armands Key, a new listing at Kingston Arms can be quickly grabbed by buyers. More so with the depletion of condo inventory in the Sarasota real estate market following the housing sector’s recent recovery.

Classy neighborhood

This property, moreover, is the only condominium development within St. Armands which is mainly the domain of luxury single family homes. Making an appointment to visit a Kingston Arms unit as soon as it is listed would therefore be a smart move in a search for Sarasota/Lido Key condos for sale.

This condominium’s immediate neighborhood includes the world-famous St. Armands Circle which is home to over 120 upscale shops, stores and boutiques in addition to chic night clubs and restaurants. The Circle, developed around a historic park replete with European antique statuary, likewise regularly hosts popular special events, such as luxury car exhibits, art and craft fairs, and outdoor markets. A short eastward trip across the Ringling causeway and bridge leads to even more life and leisure choices at downtown Sarasota which offers upscale dining venues, theaters, museums, galleries and a bay park.

Lido Beach and its pristine white sands, just a leisurely walk away from Kingston Arms, is another magnet for condo buyers in this St. Armands location. A coastline re-nourishment project scheduled to start in 2015 is expected to add another hundred feet to the width of this beach, thus further enhancing the value of Sarasota/Lido Key homes for sale around its locality.

Quaint courtyard

Designed with one to three bedrooms, the condo units of Kingston Arms have floor areas ranging from 770 square feet to slightly over 2,000 square feet. These residences are housed in a low-rise structure built around a spacious courtyard with a heated swimming pool and lush landscaping.

The Kingston Arms quadrangle also features a hot tub near the pool. The condominium likewise offers a separate storage unit, Internet access and cable TV connection. In addition, the condo complex has a covered parking area, and public parking is accessible on two sides of the building. An onsite laundry facility serves the condo, and elevator service is provided to the second and top floors. Condo residents are allowed to keep a small pet.

Investor-friendly deals

Quite important, Kingston Arms has a strong homeowners association with sufficient reserves for financing. The condominium has also adopted an investor-friendly policy for the renting of units.

The price points of recent unit sales in this condo indeed appear quite attractive for investors as well as for buyers in search of a second home among Sarasota/Lido Key condos for sale. Two one-bedroom, 770-square-foot units at Kingston Arms, for instance, were sold recently at prices around the upper $200s. Sales of larger units, such as a two-bedroom condo with a floor plan 1,034 square feet, on the other hand, are likely to be closed at prices in the upper $300s.

Kingston Arms Condos for Sale

Below are the current real estate listings available at Kingston Arms

Please contact me if you would like to schedule a tour of any of the listed properties below.