Seller's Agent in 2023
Doug Parks
Michael Saunders
(941) 400-9087
21 in this area
68 Total Sales
St Armands Towers 1 Benjamin Franklin Dr Unit 56 Sarasota, FL 34236
Lido Key NeighborhoodEstimated Value: $1,221,000 - $1,409,000
2
Beds
2
Baths
1,389
Sq Ft
$1,167/mo
HOA Fee
Highlights
- Beach View
- Fitness Center
- Florida Architecture
- Southside Elementary School Rated A
- Open Floorplan
- Furnished
About This Home
As of September 2023You will be enchanted by direct Beach Views over the tranquil waters of the Gulf of Mexico from every room in this West, Northwest facing condo on the 5th floor of St Armands Towers North in the desirable “Sunset Stack”. Breathtaking water views set the stage in this bright and tastefully furnished 1,389 sq. ft. residence, with 2 bedrooms, and 2 bathrooms, perfect for a vacation home or year-round living, with the furnishings included. A private 40-ft long balcony overlooking Lido Beach offers the ultimate oasis to take in the sights and sounds of island life, accessible from sliding doors in the living room and both bedrooms. The spacious primary suite offers spectacular views of Lido beach, as well as St Armands Circle and Pansy’s Bayou, with an ensuite bathroom to complete the space including a walk-in closet. An additional bedroom with mesmerizing Gulf views is the ideal space for guests. Electric hurricane shutters on all windows, one covered carport space, and a private storage closet is included. A landmark on Lido Key, St Armand Towers North boasts one of Sarasota’s most iconic locations one block from St Armands Circle’s many shops and restaurants, and directly across from Lido Beach. The island resort lifestyle is ingrained in this lovely community with amenities that include a heated pool with Gulf Views, exercise facility, community room/library, onsite Maintenance Supervisor, and a full-time office manager. Whether you appreciate leisurely pursuits like shopping and dining on the Circle, strolling the sugar-white sands of Lido Beach, or you prefer to seek adventure-packed bicycling, kayaking, or paddleboard excursions, this ultimate location offers it all within walking distance, and is just around the corner from the free-trolley stop to downtown Sarasota, and all that it offers.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3105565 Listed on: 05/30/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,281
Year Built
- Built in 1968
Lot Details
- 1.78
HOA Fees
- $1,167 Monthly HOA Fees
Property Views
Home Design
- Florida Architecture
- Slab Foundation
- Built-Up Roof
- Concrete Siding
- Pile Dwellings
- Stucco
Interior Spaces
- 1,389 Sq Ft Home
- Open Floorplan
- Furnished
- Crown Molding
- Ceiling Fan
- Shutters
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
Parking
- 1 Carport Space
- Guest Parking
- Assigned Parking
Additional Features
- Exterior Lighting
- East Facing Home
- Central Heating and Cooling System
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 2015161025
Community Details
Overview
- Association fees include pool, escrow reserves fund, insurance, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
- Al Menasco Association, Phone Number (941) 388-2922
- High-Rise Condominium
- St Armand Towers Community
- St Armand Towers North Subdivision
- Association Owns Recreation Facilities
- 13-Story Property
Recreation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2023
Closed on
Aug 31, 2023
Sold by
Rathgeber Kenneth A and Rathgeber Christine M
Bought by
Brown Arlon Ray
Seller's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Mary Clarke
COLDWELL BANKER REALTY
List Price
$1,550,000
Sold Price
$1,450,000
Premium/Discount to List
-$100,000
-6.45%
Views
181
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,377
Avg. Annual Appreciation
-4.09%
Purchase Details
Closed on
Apr 21, 2006
Sold by
Koster James and Koster Erin
Bought by
Rathgeber Kenneth A and Rathgeber Christine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 19, 2006
Sold by
Wilson James M
Bought by
Rathgeber Kenneth A and Rathgeber Christine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brown Arlon Ray | $1,450,000 | None Listed On Document | |
| Rathgeber Kenneth A | $950,000 | Attorney | |
| Rathgeber Kenneth A | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rathgeber Kenneth A | $485,000 | |
| Previous Owner | Rathgeber Kenneth A | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2023 09/05/23 | Sold | $1,450,000 | -3.3% | $1,044 / Sq Ft |
| 08/15/2023 08/15/23 | Pending | -- | -- | -- |
| 07/06/2023 07/06/23 | Price Changed | $1,500,000 | -3.2% | $1,080 / Sq Ft |
| 05/30/2023 05/30/23 | For Sale | $1,550,000 | -- | $1,116 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $11,741 | $1,011,100 | -- | $1,011,100 |
| 2023 | $11,741 | $928,200 | $0 | $928,200 |
| 2022 | $10,281 | $766,400 | $0 | $766,400 |
| 2021 | $8,803 | $554,000 | $0 | $554,000 |
| 2020 | $8,300 | $508,000 | $0 | $508,000 |
| 2019 | $8,691 | $533,900 | $0 | $533,900 |
| 2018 | $8,051 | $492,200 | $0 | $492,200 |
| 2017 | $8,128 | $492,200 | $0 | $492,200 |
| 2016 | $8,208 | $493,400 | $0 | $493,400 |
| 2015 | $7,607 | $441,900 | $0 | $441,900 |
| 2014 | $6,890 | $379,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Parks
-
Mary Clarke
M
Buyer's Agent in 2023
Mary Clarke
COLDWELL BANKER REALTY
(941) 544-0021
2 in this area
10 Total Sales
About St Armands Towers
Map
Source: Stellar MLS
MLS Number: A4571962
APN: 2015-16-1025
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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