NOT LISTED FOR SALE

Lido Beach Club 1212 Benjamin Franklin Dr Unit 4 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $2,148,000 - $2,849,000

3 Beds
4 Baths
2,801 Sq Ft
$894/mo HOA Fee

Last Sold June 04, 2021

Last sale price $1,700,000 $607 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,819/month

397 Days on Market

Highlights

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

About This Home

As of June 2021

Waterfront Penthouse perched on the 13th floor boasts sweeping views of the Gulf of Mexico, bay and downtown Sarasota. This is a paradise on one of the top beaches in Florida. This stunning and spacious 3-bedroom, 4-bath residence is designed to capture sunrises and sunsets from every room. Leading out to the elongated balcony through a wall of sliders, you can enjoy friends and family or just listen to the sounds of the Gulf. One of the largest units available with 2,801 square feet at The Lido Beach Club. The residence features stainless steel appliances, granite counters, crown molding, new porcelain flooring, built-in shelving, and more. Enjoy the light and bright, open floor plan with a spacious living room designed with two sitting areas and dining room. Retreat to your office or master en-suite with a wonderful walk-in closet, exquisite pedestal sink, walk-in shower with enclosed glass. Meticulously maintained in an outstanding manner by the current owner. Assigned parking and storage area. An abundance of resort-style amenities includes Gulf-front heated pool, fitness room, library and social room. Located close to St. Armands Circle, famous restaurants and shopping and next to the Ritz-Carlton Beach Club. An incredible opportunity awaits you.

Last Agent to Sell the Property

Janet Bassett

License #3098261 Listed on: 02/14/2020

Last Buyer's Agent

David Leventhal

COLDWELL BANKER REALTY License #0707641

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,247

Year Built

  • Built in 1974

Lot Details

  • Public Beach
  • End Unit
  • Street terminates at a dead end
  • West Facing Home
  • Mature Landscaping
  • Metered Sprinkler System
  • Condo Land Included

HOA Fees

  • $894 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Beach
  • Park or Greenbelt

Home Design

  • Penthouse
  • Traditional Architecture
  • Slab Foundation
  • Built-Up Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,801 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Crown Molding
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • L-Shaped Dining Room
  • Attic Fan
  • Laundry Room

Kitchen

  • Convection Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Open Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Visitor Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Stairway
  • Central Living Area
  • Accessible Hallway
  • Accessible Closets
  • Accessible Entrance
  • Accessible Electrical and Environmental Controls

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Outdoor Storage
  • Front Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, security, sewer, trash, water
  • Carmen Condrin Association
  • High-Rise Condominium
  • Lido Beach Club Community
  • Lido Beach Club Subdivision
  • Rental Restrictions
  • Community features wheelchair access
  • 13-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,247

Year Built

Built in 1974

Lot Details

0

HOA Fees

$894 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2801
  • Lot Size Acres: 3.56
  • New Construction: No
  • Year Built: 1974
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Electrical and Environmental Controls, Accessible Elevator Installed, Accessible Entrance, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen, Accessible Stairway
  • Building Area Total: 3304
  • Lot Size Sq Ft: 154911
  • Directions to Property: St. Armand's Circle to Benjamin Franklin Dr. to 1212 Benjamin Franklin Dr., Lido Beach Club.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459899?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459899?w=Customer
  • Floor Number: 13
  • Homestead Y N: Yes
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Property Description: End Unit, High Rise, Penthouse
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.94972
  • Price per Sq Ft: 606.93
  • Close to Original List Price Ratio: 0.77449
  • Ratio: Current Price\Building Area Total: 514.53
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Porcelain Tile, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Attic Fan, Ceiling Fans(s), Crown Molding, Elevator, L Dining, Open Floorplan, Solid Surface Counters, Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 13
  • Window Features: Blinds, Drapes, ENERGY STAR Qualified Windows, Insulated Windows, Window Treatments
  • Street Number Modifier: 1212
  • Room Count: 6
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Pool Features: Gunite, In Ground
  • Exterior Features: Balcony, Outdoor Shower, Sidewalk, Sliding Doors, Sprinkler Metered
  • Roof: Built-Up, Concrete
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: City, Park, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Side Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Beach, Gulf/Ocean - Full, Gulf/Ocean to Bay
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 234
  • Water Frontage Feet Ocean 2 Bay: 234
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Sprinkler Meter, Street Lights
  • Cooling: Central Air
  • Heating: Central, Exhaust Fans
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Sidewalk, Wheelchair Access
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Pool, Security, Storage
  • Association Name: Carmen Condrin
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2682
  • Condo Fees Term: Quarterly
  • Association Email: lidobeachclub@comcast.net
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 894
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10728
  • Total Monthly Fees: 894

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017031104
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Partially
  • Pets Allowed: No
  • Minimum Lease: 3 Months
  • Approval Process: See Approval Process
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Lease Restrictions

Tax Info

  • Tax Annual Amount: 10246.67
  • Tax Book Number: 1044-1177
  • Tax Lot: PH4

Multi Family

  • Waterfront Features: Gulf/Ocean to Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Jun 4, 2021
Sold by
Sanchez Ramiro and Millardo Lewis P
Bought by
Milardo Lewis P and Sanchez Ramiro
Seller's Agent
Janet Bassett
Buyer's Agent
David Leventhal
COLDWELL BANKER REALTY
List Price
$2,195,000
Sold Price
$1,700,000
Premium/Discount to List
-$495,000
-22.55%
Current Estimated Value
$2,380,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$680,539
Avg. Annual Appreciation
9.01%
Original Mortgage
$1,275,000
Outstanding Balance
$1,159,370
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,289,391

Purchase Details

Closed on
Sep 27, 2001
Sold by
Stephan Karin B
Bought by
Stephan Karin B

Purchase Details

Closed on
May 29, 1999
Sold by
Martin Kenneth
Bought by
Stephan Karin B

Purchase Details

Closed on
May 28, 1999
Sold by
Martin Michael E
Bought by
Stephan Karin B
Source: Public Records

Range of Values:

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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
Milardo Lewis P -- Accommodation
Sanchez Ramiro $1,700,000 Attorney
Stephan Karin B -- --
Stephan Karin B -- --
Stephan Karin B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Ramiro $1,275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $1,700,000 -5.0% $607 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/15/2021 03/15/21 Price Changed $1,790,000 -8.2% $639 / Sq Ft
02/11/2021 02/11/21 Price Changed $1,949,000 -11.2% $696 / Sq Ft
01/12/2021 01/12/21 For Sale $2,195,000 +29.1% $784 / Sq Ft
08/07/2020 08/07/20 Off Market $1,700,000 -- --
02/14/2020 02/14/20 For Sale $2,195,000 -- $784 / 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 $23,452 $1,646,305 -- --
2023 $23,452 $1,598,354 $0 $0
2022 $22,902 $1,551,800 $0 $1,551,800
2021 $10,059 $662,823 $0 $0
2020 $10,247 $653,672 $0 $0
2019 $9,983 $638,976 $0 $0
2018 $9,820 $627,062 $0 $0
2017 $9,708 $614,165 $0 $0
2016 $9,940 $1,132,700 $0 $1,132,700
2015 $10,083 $1,021,100 $0 $1,021,100
2014 $10,073 $583,853 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4459899

Stellar MLS

APN: 2017-03-1104