NOT LISTED FOR SALE

St Armands Towers 1 Benjamin Franklin Dr Unit 125 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,212,521 - $1,420,000

2 Beds
2 Baths
1,389 Sq Ft
$653/mo HOA Fee

Last Sold January 11, 2018

Last sale price $750,000 $540 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,092/month

26 Days on Market

Highlights

  • Beach View
  • Water access To Gulf or Ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Public Beach
  • Gunite Pool

About This Home

As of January 2018

A SURROUND OF WATER VIEWS THAT ENCOMPASS LIDO BEACH, PANSY BAYOU, THE CANALS OF ST. ARMANDS AND SARASOTA BAY! AND LET US NOT FORGET THE TWINKLE OF THE DOWNTOWN LIGHTS. This is one of the only buildings where a unit like this can have it all! The spanning views from inside your home with the beach and St. Armands Circle just steps to the outside. This bright and open 2BD/2BA home, situated on the 12th floor, offers terrace access from the main living area and each bedroom and is being sold furnished. The master bedroom is en-suite style and complete with a walk-in closet. The North Tower includes fitness center, community pool, social room, assigned carports, private storage closets and on-site management. Come enjoy one of the most sought after locations in Sarasota with its’ close proximity to what we love~ the beach, the water, and the favored pastimes of dining and shopping at the Circle.

Last Agent to Sell the Property

Doug Parks

MICHAEL SAUNDERS & COMPANY License #3105565 Listed on: 10/23/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Doug Parks

MICHAEL SAUNDERS & COMPANY License #3105565 Listed on: 10/23/2017

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,625

Year Built

  • Built in 1968

Lot Details

  • 1.78

HOA Fees

  • $653 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Shake Roof
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,389 Sq Ft Home
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Gunite Pool
  • Water access To Gulf or Ocean
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Public Beach
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2015161066

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • On Site 941 388 2922 Association
  • St Armand Towers Community
  • St Armand Towers North Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 13-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,625

Year Built

Built in 1968

Lot Details

0

HOA Fees

$653 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1389
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1669
  • Directions to Property: Thru St. Armands Circle towards Lido Beach, left on S. Polk, right into St. Armands Tower North.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 12
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 539.96
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Planned Unit Development Yn: 0
  • Property Description: Elevated,High Rise
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave Hood, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 13
  • Street Number Modifier: 1
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 6

Exterior Features

  • Other Structures: Storage
  • Pool Features: Gunite, Heated
  • Exterior Features: Sliding Doors, Hurricane Shutters, Lighting, Storage
  • Roof: Membrane, Shake
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO / SARASOTA BAY
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, Lead Paint
  • Water Access: Beach - Public,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Bayou,Beach,Canal,Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0129F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Water Access
  • Association Amenities: Elevator(s), Fitness Center, Laundry
  • Association Name: On site 941-388-2922
  • Association: No
  • Security: Key Card Entry
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: NORTH TOWER
  • Condo Fees: 1960
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 653

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2015161066
  • Additional Parcels: No
  • Lot Features: City Limits, Near Public Transit, Sidewalk, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Minimum lease period is 3 months. No pets.
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 8625
  • Tax Book Number: 4-16
  • Tax Lot: 0

Multi Family

  • Approval Process: Application, fee and background check.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Jan 11, 2018
Sold by
Martin Alison E and Alison E Martin Revocable Trus
Bought by
Molfetta Lynn
Seller's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
List Price
$809,000
Sold Price
$750,000
Premium/Discount to List
-$59,000
-7.29%
Current Estimated Value
$1,321,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,390
Avg. Annual Appreciation
9.21%

Purchase Details

Closed on
Apr 27, 2005
Sold by
Martin Alison
Bought by
Martin Alison E and Alison E Martin Revocable Trust

Purchase Details

Closed on
Oct 15, 2004
Sold by
Stage Edwin L and Stage Ruth A
Bought by
Martin Alison

Purchase Details

Closed on
Mar 13, 1998
Sold by
Marshall Mildred Bernadine K and Smith Bernadine K
Bought by
Stage Edwin L and Stage Ruth A

Purchase Details

Closed on
Mar 9, 1998
Sold by
Smith Dudley T and Smith Dudley T
Bought by
Stage Edwin L and Stage Ruth A

Purchase Details

Closed on
Mar 7, 1998
Sold by
Burch Mary Lou Brown and Brown Mary Lou
Bought by
Stage Edwin L and Stage Ruth A

Purchase Details

Closed on
Mar 4, 1998
Sold by
Marshall Bernadine K and Smith Bernadine K
Bought by
Stage Edwin L and Stage Ruth A
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Molfetta Lynn $750,000 Attorney
Martin Alison E -- --
Martin Alison $750,000 Riddell Title & Escrow
Stage Edwin L -- --
Stage Edwin L -- --
Stage Edwin L -- --
Stage Edwin L -- --
Stage Edwin L -- --
Stage Edwin L -- --
Stage Edwin L $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Alison E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2018 04/15/18 Off Market $750,000 -- --
01/11/2018 01/11/18 Sold $750,000 -4.5% $540 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $785,000 -3.0% $565 / Sq Ft
10/23/2017 10/23/17 For Sale $809,000 -- $582 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,707 $855,833 -- --
2023 $13,707 $1,097,400 $0 $1,097,400
2022 $11,918 $893,200 $0 $893,200
2021 $10,184 $643,000 $0 $643,000
2020 $9,916 $609,400 $0 $609,400
2019 $8,281 $508,100 $0 $508,100
2018 $8,397 $513,900 $0 $513,900
2017 $8,478 $513,900 $0 $513,900
2016 $8,625 $515,100 $0 $515,100
2015 $7,992 $461,400 $0 $461,400
2014 $7,288 $402,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4199541

Stellar MLS

APN: 2015-16-1066