NOT LISTED FOR SALE

1100 Benjamin Franklin Dr Unit 802 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,843,000 - $2,477,000

3 Beds
2 Baths
2,154 Sq Ft
3.8 Acres

Highlights

  • 384 Feet of Waterfront
  • Beach View
  • Spa
  • Southside Elementary School Rated A
  • Fitness Center
  • Open Floorplan

About This Home

As of November 2022

RARELY AVAILABLE BEACHFRONT PENTHOUSE CONDO AT LIDO SURF & SAND!—ANNUAL RENTAL. ABSOLUTELY STUNNING wrap around direct views of the Gulf of Mexico and the white sand of Lido Beach. The balcony/lanai is screened and has sliding glass doors if you wish to extend the under air space. Perhaps an office looking right out over the beach and Gulf? Access to dining, shopping and entertainment are down the street at the famous St. Armand’s Circle or just across the bridge to downtown Sarasota. The condo can be completely unfurnished, partially furnished, or mostly furnished. Not available as a short-term rental. Water and basic cable are included.

Last Agent to Rent the Property

Alex Lane

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3314329 Listed on: 02/10/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Renter's Agent

Alex Lane

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3314329 Listed on: 02/10/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • 384 Feet of Waterfront
  • Property fronts gulf or ocean

Parking

  • 2 Car Attached Garage

Property Views

  • Beach
  • Full Gulf or Ocean

Interior Spaces

  • 2,154 Sq Ft Home
  • Open Floorplan

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $6,000
  • Property Available on 5/25/22
  • The owner pays for grounds care
  • 12-Month Minimum Lease Term
  • Long Term Lease
  • $100 Application Fee
  • Assessor Parcel Number 2016143093

Community Details

Overview

  • Property has a Home Owners Association
  • Association Approval Fee: 100
  • Lido Surf And Sand Condominium Association
  • Lido Surf & Sand Community
  • Lido Surf & Sand Subdivision

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Annually
  • Pets Allowed: No
  • Long Term Y N: Yes
  • Minimum Lease: 1-2 Years
  • Application Fee: 100
  • Security Deposit: 6000
  • Expected Lease Date: 2022-11-01T04:00:00.000Z
  • Lease Referral Fee Comments: Tenant referral receives $750 if lease signed
  • Available Date: 2022-05-25

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Living Area: 2154
  • New Construction: No
  • Year Built: 1976
  • Lease Term: 12 Months
  • Owner Pays: Grounds Care
  • Directions to Property: From St Armands Circle go West to Benjamin Franklin Dr. Lido Surf & Sand is located on the right.
  • Status: Leased
  • Floor Number: 8
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 2.79
  • Close to Original List Price Ratio: 0.52174
  • View: No
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Interior Amenities: Master Bedroom Main Floor, Open Floorplan
  • Appliances Included: Cooktop, Dishwasher, Dryer, Range, Washer
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Street Number Modifier: 1100

Exterior Features

  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Beach, Gulf/Ocean - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 384
  • Water Frontage Feet Gulf Ocean: 384

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Pool, Waterfront
  • Association Name: Lido Surf and Sand Condominium
  • Association: Yes
  • Senior Community: No
  • Association Approval Fee: 100
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Lot Info

  • Parcel Number: 2016143093
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6176.11

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2024
Sold by
Parsons Teresa S and Fernandez Jorge
Bought by
Parsons Teresa S
Current Estimated Value
$2,007,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,498,380
Outstanding Balance
$1,489,249
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$314,813

Purchase Details

Closed on
Aug 5, 2022
Sold by
Silvestro Parsons Teresa
Bought by
Fernandez Jorge and Parsons Teresa S

Purchase Details

Closed on
Jun 16, 2017
Sold by
Parsons Oscar R and Parsons Oscar R
Bought by
Parsons Oscar R and Parsons Teresa Silvestro

Purchase Details

Closed on
Jul 8, 1998
Sold by
Parsons Oscar R and Parsons Millie H
Bought by
Parsons Oscar R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Parsons Teresa S $333,533 None Listed On Document
Fernandez Jorge -- Berlin Patten Ebling Pllc
Parsons Oscar R -- None Available
Parsons Oscar R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Teresa S $1,498,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Rented $6,000 0.0% --
09/03/2022 09/03/22 Under Contract -- -- --
07/01/2022 07/01/22 Price Changed $6,000 -13.7% $3 / Sq Ft
06/04/2022 06/04/22 Price Changed $6,950 -12.6% $3 / Sq Ft
05/17/2022 05/17/22 Price Changed $7,950 -8.6% $4 / Sq Ft
04/25/2022 04/25/22 Price Changed $8,700 -8.4% $4 / Sq Ft
04/06/2022 04/06/22 Price Changed $9,500 -17.4% $4 / Sq Ft
02/08/2022 02/08/22 For Rent $11,500 -- --
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 $23,539 $1,510,500 -- $1,510,500
2023 $23,539 $1,565,100 $0 $1,565,100
2022 $6,145 $430,193 $0 $0
2021 $6,176 $417,663 $0 $0
2020 $6,243 $411,896 $0 $0
2019 $6,076 $402,635 $0 $0
2018 $5,972 $395,128 $0 $0
2017 $5,899 $387,001 $0 $0
2016 $6,114 $661,500 $0 $661,500
2015 $6,199 $651,800 $0 $651,800
2014 $6,189 $367,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4524748

Stellar MLS

APN: 2016-14-3093