NOT LISTED FOR SALE

101 Benjamin Franklin Dr Unit 33 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,024,000 - $1,192,000

2 Beds
2 Baths
1,275 Sq Ft
$820/mo HOA Fee

Last Sold December 11, 2020

Last sale price $715,000 $561 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,656/month

1 Day on Market

Highlights

  • 250 Feet of Waterfront
  • Beach View
  • Public Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of December 2020

This highly desirable building is located within a couple of blocks from St. Armands Circle. The 1275 square foot unit, on the 3rd floor, is facing west and is directly across from the white sands of Lido Beach. From this property you walk to the beach and to dining and shopping! All rooms allow for a beautiful sunset view for which Lido Beach has become famous. The balcony extends the entire length of the unit with access from every room. The property has undergone recent major renovations, including the lobby, hallways, recreation/social room, and the gym with updated equipment. The pool has been resurfaced, and the pipes have been re-lined assuring functional plumbing for years to come. This unit comes with a covered carport and storage closets. On-site management allows for increased security.

Last Agent to Sell the Property

Jennifer Stein

HOMELISTER, INC License #3430522 Listed on: 11/02/2020

Last Buyer's Agent

Lee Mirman

INVESTMENTS IN SARASOTA License #3022993

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,266

Year Built

  • Built in 1968

Lot Details

  • 250 Feet of Waterfront
  • Property fronts a public beach
  • Public Beach
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Metered Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $820 Monthly HOA Fees

Property Views

  • Beach
  • Full Gulf or Ocean
  • Garden

Home Design

  • Contemporary Architecture
  • Membrane Roofing
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,275 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Reverse Osmosis System

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security Lights
  • Closed Circuit Camera

Parking

  • 1 Carport Space
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Hydro Power
  • Energy-Efficient Thermostat
  • Smoke Free Home

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near a golf course
  • The property is located in a historic district
  • City Lot

Schools

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

Utilities

  • Humidity Control
  • Zoned Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • High-Efficiency Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, security, sewer, trash, water
  • St Armands Tower South HOA, Phone Number (941) 444-7090
  • St Armand Towers Community
  • St Armand Towers Subdivision
  • On-Site Maintenance
  • The community has rules related to fencing
  • Rental Restrictions
  • 10-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 1 Pet Allowed
  • Breed Restrictions

Security

  • Security Service
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,266

Year Built

Built in 1968

Lot Details

0

HOA Fees

$820 per month

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Other, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1275
  • Lot Size Acres: 1.42
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1275
  • Lot Size Sq Ft: 61898
  • Directions to Property: Drive across the Ringling Bridge towards the beach. Once past St Aemands Circle, turn left on Polk St. 2nd building on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4482493?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4482493?w=Customer
  • Floor Number: 3
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 518-569-7277
  • Ratio: Close Price\List Price: 1.05926
  • Price per Sq Ft: 560.78
  • Close to Original List Price Ratio: 1.05926
  • Ratio: Current Price\Building Area Total: 560.78
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Trash Compactor
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 10
  • Window Features: Window Treatments
  • Street Number Modifier: 101
  • Room Count: 7
  • Additional Rooms: Storage Rooms

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Fenced, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sprinkler Metered, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: Garden, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved, Asphalt
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 250
  • Water Frontage Feet Beach Pub: 250

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Fitness, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Elevator(s), Fence Restrictions, Fitness Center, Laundry, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security
  • Association Name: St Armands Tower South HOA
  • Phone: 941-444-7090
  • Association: No
  • Security: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2459
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 820
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9836
  • Total Monthly Fees: 819.67

Schools

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

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2016041009
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, Historic District, City Lot, Near Golf Course
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Green Features

  • Efficiency: HVAC, Thermostat, Water Heater
  • Green Power: Hydro Power
  • Green Indoor Air Qlty: No Smoking-Interior Buildg
  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

  • Pets Allowed: Breed Restrictions, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 6 Months
  • Approval Process: Association Approval Required
  • Num Timesper Year: 1
  • Pet Restrictions: 1 Pet, max 25lbs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Approval Required

Tax Info

  • Tax Annual Amount: 7265.85
  • Tax Book Number: 3-9
  • Tax Lot: 33

Multi Family

  • Waterfront Features: Beach - Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Dec 11, 2020
Sold by
Franzon Olof and Franzon Olof
Bought by
Ghannadian Farhad and Ghannadian Joni Jones
Seller's Agent
Jennifer Stein
HOMELISTER, INC
Buyer's Agent
Lee Mirman
INVESTMENTS IN SARASOTA
List Price
$675,000
Sold Price
$715,000
Premium/Discount to List
$40,000
5.93%
Current Estimated Value
$1,093,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,944
Avg. Annual Appreciation
10.64%
Original Mortgage
$460,000
Outstanding Balance
$414,899
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$742,072

Purchase Details

Closed on
Jun 12, 2020
Sold by
Seguin Christina
Bought by
Franzon Olof

Purchase Details

Closed on
May 8, 2019
Sold by
Seguin Christina
Bought by
Seguin Christina A and Christina A Seguin Trust

Purchase Details

Listed on
Apr 18, 2013
Closed on
Sep 26, 2013
Sold by
Gallagher Thomas R and Brill Mark
Bought by
Franzon Olof and Seguin Christina
Seller's Agent
Kristina Kaplan
PLACE REAL ESTATE
Buyer's Agent
Rigo Rivera
LISTIFY
List Price
$499,900
Sold Price
$426,500
Premium/Discount to List
-$73,400
-14.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Nov 14, 2005
Sold by
Doyle Michael B
Bought by
Gallagher Thomas R and Brill Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Ghannadian Farhad $715,000 Attorney
Franzon Olof $190,000 Desjarlais Law And Title
Seguin Christina A -- Desjarlais Law & Title
Franzon Olof B -- Desjarlais Law & Title
Franzon Olof $426,500 Mti Title Ins Agency Inc
Gallagher Thomas R $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghannadian Farhad $460,000
Previous Owner Gallagher Thomas R $156,000
Previous Owner Gallagher Thomas R $472,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $715,000 +5.9% $561 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $675,000 +58.3% $529 / Sq Ft
09/26/2013 09/26/13 Sold $426,500 -7.3% $323 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
05/11/2013 05/11/13 Price Changed $459,900 -8.0% $348 / Sq Ft
04/18/2013 04/18/13 For Sale $499,900 -- $379 / 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 $12,082 $756,407 -- --
2023 $12,082 $962,000 $0 $962,000
2022 $10,538 $787,800 $0 $787,800
2021 $9,016 $568,300 $0 $568,300
2020 $6,916 $461,200 $0 $461,200
2019 $7,266 $484,400 $0 $484,400
2018 $7,191 $438,800 $0 $438,800
2017 $7,259 $438,800 $0 $438,800
2016 $7,291 $439,900 $0 $439,900
2015 $6,752 $394,000 $0 $394,000
2014 $6,137 $341,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4482493

Stellar MLS

APN: 2016-04-1009