The island features numerous sandy beaches facing the Gulf of Mexico, as well as a park called "South Lido Park", which has a beach and a woodland trail. As of February 2, 2016, Lido Beach ranked No. 3 in Outdoor activity in Sarasota on TripAdvisor and has a Certificate of Excellence from the website. The island is well developed with a wide variety of luxury hotels and beach houses, and has a seasonal nightclub scene. While not as popular as Siesta Key Beach, Lido Key Beach is reviewed as a more private beach that is more relaxing for the tourists who come from around the world to visit it. Weddings and other private parties will often book a section of the beach for their guests. 
In 1926, Lido Key opened to automobile traffic, the Lido Beach Casino opened, and John Ringling, Samuel Gumpertz, and Owen Burns built a $30,000 pavilion, dock, and bathhouses just south of where the Lido Beach park sits presently. However, by the 1950s, poor management resulted in the deterioration of the casino. It was demolished in 1969, and remodeled and modernized by 1970.
- "Lido Beach (Sarasota, FL): Address, Phone Number, Gear Rental Reviews". TripAdvisor. Retrieved 2016-02-02.
- "Lido Key Sarasota Beaches". www.lidokey.net. Retrieved 2017-03-01.
- "Lido Key Beach, 400 Ben Franklin Drive, Lido Key, FL". Sarasota County. Retrieved 2016-02-02.
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- Florida. DK Eyewitness Travel Guides. 2004. pp. 239 & 255.
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