$390,000
SOLD JUN 8, 2018

Lido Towers 1001 Benjamin Franklin Dr Unit 106 Sarasota, FL 34236

Lido Key Neighborhood
2 Beds
2 Baths
1,224 Sq Ft
$639/mo HOA Fee

Recently Sold

$319 Per Sq Ft

6% Below List Price

56 Days on Market

Highlights

  • Water Access
  • Heated In Ground Pool
  • Property is near public transit
  • Southside Elementary School Rated A
  • Open Floorplan
  • Pool View

About This Home

As of June 2018

Popular Lido Towers On Lido Key. This First Floor, 2 Bedroom, 2 Bath former Builder's Model has beautiful views of the Pool, Jacuzzi and Lovely Landscaping. Walk out your Screened Lanai to enjoy the pool/jacuzzi. If you don't like to take elevators this is the condo for you! The Barbeque and Laundry Room are just outside your front door. This Turnkey Furnished Condo has Plantation Shutters, Crown Moulding, Newer High Impact Windows, Electric Storm Shutters and Split Bedroom Plan. Amenities include On-site Manager's Office, Social Room, Library, Carport, Extra Storage, Bike Storage and DEEDED BEACH ACCESS! Small Pet Friendly Complex! Great Rental Program- one month minimum-12 times a year!. St. Armands Circle just a short walk away for fine restaurants and shopping. Downtown Sarasota nearby for Cultural Events, the Sarasota Opera, Ballet, Theatre, Sarasota Orchestra, Ringling Art Museum Selby Gardens, Marina, Fine Restaurants and Shopping.

Last Agent to Sell the Property

Barbara Miller, Pa

COLDWELL BANKER REALTY License #0524375 Listed on: 01/19/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Barbara Miller, Pa

COLDWELL BANKER REALTY License #0524375 Listed on: 01/19/2018

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,071

Year Built

  • Built in 1980

Lot Details

  • Well Sprinkler System
  • Landscaped with Trees
  • Condo Land Included

HOA Fees

  • $639 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,224 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Deeded access to the beach
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities, security, sewer, trash, water
  • Mid-Rise Condominium
  • Lido Towers Community
  • Lido Towers Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions
  • 7-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,071

Year Built

Built in 1980

Lot Details

0

HOA Fees

$639 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1224
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1299
  • Directions to Property: From St. Armands Circle to Ben Franklin Drive to McKinliney and Lido Towers at 1001 Ben Franklin Dr.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4207536&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4207536&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.94089
  • Price per Sq Ft: 318.63
  • Close to Original List Price Ratio: 0.94089
  • Ratio: Current Price\Building Area Total: 300.23
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 7
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1001
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated, In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: Pool
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: Beach - Access Deeded
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0137F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking, Pool, Water Access
  • Association Amenities: Elevator(s), Laundry, Storage, Vehicle Restrictions
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1917
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 639
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7668
  • Total Monthly Fees: 639

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2016145006
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Approval Process: Application -$50
  • Num Timesper Year: 12
  • Pet Restrictions: one pet up to 25 lbs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Application to rent required

Tax Info

  • Tax Annual Amount: 2071
  • Tax Book Number: 1375-719
  • Tax Lot: 106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
Jun 8, 2018
Sold by
Landers Thomas J
Bought by
Daly Edward G and Daly Margaret J
Seller's Agent
Barbara Miller, Pa
COLDWELL BANKER REALTY
Buyer's Agent
Barbara Miller, Pa
COLDWELL BANKER REALTY
List Price
$414,500
Sold Price
$390,000
Premium/Discount to List
-$24,500
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Sep 22, 2017
Sold by
Thompson Richard W
Bought by
Thompson Richard W and Richard W Thompson Revocable Trust

Purchase Details

Closed on
Jun 1, 1995
Sold by
Zito Dominick P and Haerens Greta
Bought by
Landers Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,200
Interest Rate
8.22%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $390,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $152,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $675,000 +73.1% $551 / Sq Ft
06/08/2018 06/08/18 Sold $390,000 -5.9% $319 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $414,500 -- $339 / 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 $7,522 $506,300 -- $506,300
2023 $7,522 $492,900 $0 $492,900
2022 $3,894 $286,067 $0 $0
2021 $3,903 $277,735 $0 $0
2020 $3,940 $273,900 $0 $273,900
2019 $4,567 $314,100 $0 $314,100
2018 $2,102 $158,646 $0 $0
2017 $2,071 $155,383 $0 $0
2016 $2,068 $255,000 $0 $255,000
2015 $2,096 $251,200 $0 $251,200
2014 $2,089 $147,714 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4207536

Stellar MLS

APN: 2016-14-5006