Have you been thinking about buying a vacation property? Now might be the perfect time to purchase one. Prices all over the country are lower than they were 5 years ago and interest rates are historically low. This may be the perfect storm that you have been waiting for. If you are in the market for a vacation home then take a look at Lido Key on the west coast of Florida.

About an hour south of Tampa on the west coast of Florida is the relaxing yet sophisticated beach town of Sarasota. People from all over the world flock to this area to enjoy the sunshine, relax near the water, play some golf, relish in the rich arts and cultural scene or just have a pleasant experience with family or friends. This is a popular winter destination for those living in the coler climates in the U.S.

Lido Key Condos

People often buy condos for a vacation property because they are easy to lock up and forget. The condo association will take care of many of the headaches of property management. There are plenty of condo options on Lido Key. One can find anything from a pleasant but affordable two bedroom, two bathroom unit within a short walk to St. Armands Circle and the gorgeous Lido Key beach all of the way to stunning and spacious penthouse in the exclusive. Orchid Beach Club. Here are 5 fabulous Lido Key condos communities to consider for investment:

1) St. Armands Towers – Location, location, location. This is quite possibly the location on Lido Key because residents can walk to St. Armands Circle as well as Lido Key beach across the street. Units have fabulous views of the beach, water or the circle.

2) Orchid Beach Club – This is one of the finest condo buildings on Lido Key and Sarasota. Finished in 2005 these two towers offer stunning views, luxurious condo units and an array of amenities. Considered by many to be the best beach front condo.

3) L’ Elegance – Built in 1996, the L’ Elegance condo development is one of the newer properties on Lido Key. Residents enjoy the large terraces that overlook the gorgeous Lido Key beach and clear waters of the Gulf of Mexico. Since L’ Elegance is a newer building it provides large windows for plenty of natural light and high ceilings.

4) Lido Presidential – This is one of the more affordable condo options on Lido Key. Residents have a short walk to the beach and it is also very close the the fun dining and shopping destination of St. Armands Circle.

5) Lido Surf and Sand – This 105 unit building is maintained very well and sits directly on the beach. Almost all of the units have some sort of water views. Prices generally range anywhere from the $400,000′s to the $800,000′s.

Lido Key is truly a great place to call home, vacation at or to own a vacation home. If you have never been to this island paradise come check it out.

Marc Rasmussen sells Lido Key FL Condos