NOT LISTED FOR SALE

St Armands Towers 1 Benjamin Franklin Dr Unit PH3 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,390,000 - $1,630,000

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

Last Sold December 18, 2018

Last sale price $900,000 $648 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $10,200/month

16 Days on Market

Highlights

  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Public Beach
  • Penthouse

About This Home

As of December 2018

A PENTHOUSE LOCATION BEYOND COMPARE, WAKE UP EVERY MORNING TO GULF AND LIDO BEACH VIEWS FROM EVERY BEDROOM! Only steps away from St Armands Circle, this two-bedroom, two-bath condominium, with 9’ ceilings at St Armand Towers North exemplifies Sarasota-living. Light and bright, the residence is poised to overlook endless water views, including the waterways of the Key. Relax in the spacious living room and open the sliding glass doors for refreshing sea breezes. Retreat to the master bedroom where the radius of island and Gulf views are ever changing as the sun makes its way across the sky. Step out onto the elongated terrace from both bedrooms. Floor to ceiling windows and sliding glass doors have been updated while electric hurricane shutters provide peace of mind. Additional items of note include: crown molding, wood-laminate floors, washer/dryer hook-up in place, oversized walk-in storage in the living room, and extra storage at your carport for beach umbrellas and chairs. The North Tower includes a fitness center, community pool, social room, assigned carports, and on-site management. Experience vibrant-hued sunsets from the sand or from your balcony, search for shells, picnic on the water, or take a short stroll from Lido beach to shop for shoes or take your pick of delicious restaurants and eateries found on the Circle. The cultural treasures of downtown Sarasota are just over the bridge.

Last Agent to Sell the Property

Doug Parks

MICHAEL SAUNDERS & COMPANY License #3105565 Listed on: 11/08/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Gabriel Reed

BRIGHT REALTY License #0676896

BRIGHT REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,931

Year Built

  • Built in 1968

Lot Details

  • Public Beach
  • Southwest Facing Home

HOA Fees

  • $653 Monthly HOA Fees

Property Views

Home Design

  • Penthouse
  • Elevated Home
  • Built-Up Roof
  • Pile Dwellings
  • Stucco

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot
  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Al Menasco, Bldg Mgr Association, Phone Number (941) 388-2922
  • High-Rise Condominium
  • St Armand Towers Community
  • St Armand Towers North Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions
  • 13-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,931

Year Built

Built in 1968

Lot Details

0

HOA Fees

$653 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other, 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 and right into first parking lot (North Tower Bldg), park in front at guest parking lot. Listing agent will meet you at front door.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4418516&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4418516&cview=true&show_results=true&customer_portal=true
  • Floor Number: 13
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Elevated, High Rise, Penthouse
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93848
  • Price per Sq Ft: 647.95
  • Close to Original List Price Ratio: 0.93848
  • Ratio: Current Price\Building Area Total: 539.25
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 13
  • Window Features: Window Treatments, Storm Window(s)
  • Street Number Modifier: 1
  • Room Count: 5
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Hurricane Shutters, Lighting, Sidewalk, Sliding Doors, Storage
  • Roof: Built-Up, Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico / Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Beach, Canal, Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0129F
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Pool, Sidewalk, Water Access
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance, Pool, Vehicle Restrictions
  • Association Name: Al Menasco, Bldg Mgr
  • Phone: 941-388-2922
  • Association: No
  • Security: Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1960
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 653
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7840
  • Total Monthly Fees: 653.33

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2015161070
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, City Lot, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 3 Months
  • Approval Process: Fee, application & background check.
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease is 3 months, once a year.

Tax Info

  • Tax Annual Amount: 11931
  • Tax Book Number: 4-16
  • Tax Lot: PH3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Gieger Todd T
Bought by
Todd Thomas Gieger 2024 Revocable Trust and Gieger
Current Estimated Value
$1,496,292

Purchase Details

Listed on
Nov 8, 2018
Closed on
Dec 18, 2018
Sold by
Shannon William N and Shannon Bernice U
Bought by
Gieger Todd T
Seller's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Gabriel Reed
BRIGHT REALTY
List Price
$959,000
Sold Price
$900,000
Premium/Discount to List
-$59,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Nov 26, 2010
Sold by
Shannon William Norman
Bought by
Shannon William N and Shannon Bernice U
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Todd Thomas Gieger 2024 Revocable Trust $100 None Listed On Document
Gieger Todd T $900,000 Attorney
Shannon William N -- Attorney
Shannon William Norman -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $900,000 -6.2% $648 / Sq Ft
11/24/2018 11/24/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $959,000 -- $690 / 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 $17,485 $1,236,257 -- --
2023 $17,485 $1,230,800 $0 $1,230,800
2022 $15,425 $1,021,700 $0 $1,021,700
2021 $11,931 $794,900 $0 $794,900
2020 $13,458 $831,800 $0 $831,800
2019 $10,802 $666,700 $0 $666,700
2018 $11,818 $728,400 $0 $728,400
2017 $11,931 $728,400 $0 $728,400
2016 $12,203 $730,200 $0 $730,200
2015 $11,295 $654,000 $0 $654,000
2014 $11,005 $617,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Parks

    Seller's Agent in 2018

    Doug Parks

    Michael Saunders

    (941) 400-9087

    21 in this area

    68 Total Sales

    Doug Parks
    Section Image

  • G

    Buyer's Agent in 2018

    Gabriel Reed

    BRIGHT REALTY

    (941) 677-5060

    63 Total Sales

    Gabriel Reed
    Section Image
See All Agents

About St Armands Towers

Map

Source: Stellar MLS

MLS Number: A4418516

Stellar MLS

APN: 2015-16-1070

Florida Sarasota County Sarasota 34236 Lido Key

1 Benjamin Franklin Dr Unit PH3, Sarasota, FL

This home is located at 1 Benjamin Franklin Dr Unit PH3, Sarasota, FL 34236 since 08 November 2018 and is currently estimated at $1,496,292, approximately $1,077 per square foot. This property was built in 1968. 1 Benjamin Franklin Dr Unit PH3 is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota School of Arts & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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