NOT LISTED FOR SALE

1104 Benjamin Franklin Dr Unit 515 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $547,853 - $656,000

1 Bed
1.5 Baths
918 Sq Ft
$984/mo HOA Fee

Last Sold May 28, 2022

Last sale price $605,000 $659 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,056/month

7 Days on Market

Highlights

  • 450 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Public Beach
  • Partial Gulf or Ocean Views

About This Home

As of May 2022

Rarely available 1 bedroom 1.5 bath unit in the Lido Surf and Sand beach-front development. This unit comes fully furnished with a few exclusions! It's not hard to imagine enjoying the beach, the gulf side pool, then lounging around, back in this extremely well equipped condo, before taking a leisurely stroll down to St Armand Circle for dinner! Every aspect of this awesome unit shows like a model home! The upgrades include hurricane sliders on the water view terrace, complete kitchen, baths, closets, in-suite laundry and more! Got extra guests for the weekend? The current owner has outfitted the lanai with a console murphy bed for extra sleeping capacity!

Lido Surf and Sand has undergone multiple upgrades over the last few years with finishing touches being added over the next month or so (new tiled entrances). The complex is bursting with activities and amenities including its own gym/exercise room, community room, SECURE UNDERGROUND PARKING, extra storage units, heated pool and hot tub, beach chairs and oh, did we mention the spectacular beach?

Call us today to arrange your private tour!

Last Agent to Sell the Property

Greg Martin

STERLING REALTY License #3318728 Listed on: 01/20/2022

Last Buyer's Agent

Richard Perlman

MICHAEL SAUNDERS & COMPANY License #0634863

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1976

Lot Details

  • 450 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • East Facing Home
  • Condo Land Included

HOA Fees

  • $984 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 918 Sq Ft Home
  • Furnished
  • Window Treatments
  • Sliding Doors
  • Partial Bay or Harbor Views

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water access To Gulf or Ocean
  • Enclosed patio or porch
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, sewer, trash, water
  • Diana Byrd, Management Office Administrator Association, Phone Number (941) 388-1100
  • Visit Association Website
  • High-Rise Condominium
  • Lido Surf & Sand Community
  • Lido Surf & Sand Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to vehicle restrictions
  • Rental Restrictions
  • 8-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Pet Policy

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

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,244

Year Built

Built in 1976

Lot Details

0

HOA Fees

$984 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Brick
  • Fireplace: No
  • Living Area: 918
  • Lot Size Acres: 3.8
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 1084
  • Lot Size Sq Ft: 165461
  • Directions to Property: From St. Armands Circle to South on Benjamin Franklin Dr. Lido Surf & Sand is on your right. 1104 is the building closest to Ben Franklin
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522438?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522438?w=Customer
  • Floor Number: 5
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 1.0256
  • Price per Sq Ft: 659.04
  • Close to Original List Price Ratio: 1.0256
  • Ratio: Current Price\Building Area Total: 558.12
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Elevator, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 8
  • Street Number Modifier: 1104
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Patio, Porch, Screened
  • Road Surface Type: Other
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0137F
  • Waterfront Frontage: 450
  • Water Frontage Feet Beach Pub: 225
  • Water Frontage Feet Gulf Ocean: 225
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • 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, Fitness, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Maintenance, Sauna, Shuffleboard Court, Vehicle Restrictions
  • Association Name: Diana Byrd, Management Office Administrator
  • Phone: 941-388-1100
  • Association: Yes
  • Security: Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2951
  • Condo Fees Term: Quarterly
  • Association Website: Lidosurfandsand.com
  • Association Email: Admin@LidoSurfandSand.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 984
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11804
  • Total Monthly Fees: 983.67

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2016143053
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, City Lot, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Approval Process: Tenant approval process by onsite management
  • Num Timesper Year: 2
  • Pet Restrictions: Tenants - no pets
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See all condo related documents at: lidosurfandsand.com/general-info

Tax Info

  • Tax Annual Amount: 3244.29
  • Tax Book Number: 1156-284
  • Tax Lot: 515

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
May 26, 2022
Sold by
Jennie L Grimm Revocable Trust
Bought by
Pisciotta Family Trust
Seller's Agent
Greg Martin
STERLING REALTY
Buyer's Agent
Richard Perlman
MICHAEL SAUNDERS & COMPANY
List Price
$589,900
Sold Price
$605,000
Premium/Discount to List
$15,100
2.56%
Current Estimated Value
$625,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,667
Avg. Annual Appreciation
2.79%

Purchase Details

Closed on
Feb 17, 2012
Sold by
Grimm David M and Grimm Jennie L
Bought by
Grimm Jennie L and Jennie L Grimm Revocable Trust

Purchase Details

Closed on
Nov 25, 2008
Sold by
Weiffenbach William L
Bought by
Grimm David M and Grimm Jennie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2004
Sold by
Weiffenbach William L
Bought by
Weiffenbach William L and Tr Agreement Self Trusted Tr William L Weiff

Purchase Details

Closed on
Jun 30, 2003
Sold by
Weiffenbach William L
Bought by
Weiffenbach William L

Purchase Details

Closed on
Nov 14, 2002
Sold by
Weiffenbach William L
Bought by
Weiffenbach William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2001
Sold by
Weiffenbach William L
Bought by
Weiffenbach William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
6.6%

Purchase Details

Closed on
Aug 31, 1999
Sold by
Traub A Thomas and Traub Joan F
Bought by
Weiffenbach William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.73%

Purchase Details

Closed on
Nov 25, 1996
Sold by
Henderson William G and Zordan Janon F
Bought by
Traub A Thomas and Traub Joan F

Purchase Details

Closed on
Sep 16, 1994
Sold by
Clark Wesley Gerard
Bought by
Henderson William G and Zordan Janon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
8.37%
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 Buyer Sale Price Title Company
Pisciotta Family Trust $605,000 None Listed On Document
Grimm Jennie L -- Attorney
Grimm David M $375,000 Msc Title Inc
Weiffenbach William L -- --
Weiffenbach William L -- --
Weiffenbach William L -- --
Weiffenbach William L -- --
Weiffenbach William L $166,000 --
Traub A Thomas $116,000 --
Henderson William G $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grimm David M $281,250
Previous Owner Weiffenbach William L $275,000
Previous Owner Weiffenbach William L $175,000
Previous Owner Weiffenbach William L $152,500
Previous Owner Weiffenbach William L $150,000
Previous Owner Weiffenbach William L $128,000
Previous Owner Henderson William G $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2022 05/28/22 Sold $605,000 +2.6% $659 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $589,900 -- $643 / 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 $7,402 $464,700 -- $464,700
2023 $7,402 $487,000 $0 $487,000
2022 $3,238 $243,803 $0 $0
2021 $3,244 $236,702 $0 $0
2020 $3,274 $233,434 $0 $0
2019 $3,181 $228,186 $0 $0
2018 $3,122 $223,931 $0 $0
2017 $3,080 $219,325 $0 $0
2016 $3,153 $249,400 $0 $249,400
2015 $3,197 $245,700 $0 $245,700
2014 $3,190 $208,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4522438

Stellar MLS

APN: 2016-14-3053