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Welcome to 197 Lido Drive, where coastal living meets complete peace of mind.
This is not just another beach cottage. This is a fully rebuilt, move-in ready home where every major system has already been done for you.
Set in the highly sought-after Lido Beach community, just a short walk to the Gulf, this 3-bedroom, 2-bath home offers the rare combination of charm, location, and true long-term value. With a newly adjusted price, it presents a compelling opportunity to own in one of the Gulf Coast’s most desirable beach communities.
From the moment you arrive, the difference is clear. Every major component has been updated or replaced, creating a home that lives like new without the wait, cost, or uncertainty of renovations. Thoughtfully and lovingly renovated from top to bottom by its long-term owner, whose pride of ownership is evident throughout, the home features a new roof (2024), new A/C, updated plumbing and electrical, and impact-rated windows with a transferable lifetime warranty, offering both confidence and long-term efficiency.
The all-new kitchen is bright and inviting with quartz countertops, wood cabinetry, high-end appliances, and a clean coastal design that flows seamlessly into the main living spaces. Wood-look tile runs throughout the home, delivering durability with a refined, cohesive feel. Both bathrooms have been completely redesigned with quartz countertops, updated tile, fixtures, and finishes that reflect a fresh, coastal aesthetic.
Step into the enclosed Florida room with Easy Breeze windows, an ideal space for morning coffee or relaxed evenings after the beach. Fresh paint inside and out, including the garage, enhances the truly turnkey condition. Outside, enjoy a fully fenced yard, a beautiful patio with pergola, low-maintenance xeriscape landscaping, and inviting areas to relax or entertain. A one-car garage and circular drive add both convenience and functionality.
This home is not just beautiful, it is smartly prepared for coastal living, with outlets raised above water line and materials selected for longevity and ease. Adding to the value, buyers have the opportunity to assume the current owner’s grandfathered flood insurance policy at a significantly reduced rate, creating meaningful long-term savings and increased affordability.
And then there is the lifestyle. Living here means embracing the best of beachside living, morning walks along the shoreline, biking to local restaurants and marinas, and taking in the kind of sunsets that make this area so special. With no HOA, the ability to rent monthly if desired, and a location that blends lifestyle with flexibility, this home offers both an exceptional personal retreat and strong investment potential.
A previous buyer’s change in plans gives you a rare second chance. The inspections are clean. The work is done. Now it’s simply waiting for the right owner to enjoy it.
Come experience what effortless beach living really feels like. For more info: bit. ly/197LidoDr
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Our Executive Mortgage Banker:
Our Insurance Division:
$684,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $547,920 | $547,920 | $547,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $321 | $321 | $321 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,241 | $3,374 | $4,441 |
| Total Monthly Payment | $3,654 | $3,787 | $4,854 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.