$2,677,266 - $3,591,000
RENTED DEC 20, 2024

The Beach Residences at Lido Key 1300 Benjamin Franklin Dr Unit 1005 Sarasota, FL 34236

Lido Key Neighborhood
3 Beds
3 Baths
3,302 Sq Ft
2.03 Acres

Highlights

  • 50 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Southside Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of December 2024

FURNISHED and Available for Move In! Rental available at The Beach Residences, a Ritz Carlton managed residence on Lido Key. Expansive Gulf, Bay, and City views! Recently extensively renovated, now with a comfortable coastal chic look! Located directly on the Gulf of Mexico, no detail was overlooked in this 3 bedroom, 3 bath paradise. Exquisite features include hardwood flooring, a gourmet kitchen with solid wood cabinetry, open concept floor plan. The open floor plan gives floor to ceiling views of the Gulf and Beach. The split bedroom floor plan provides privacy for your guests with two master baths. The master suite is a private retreat with amazing views and luxurious king accommodations. Relax on your wrap-around lanai with coffee or cocktails at Sunset. The Beach Residences provide ultimate luxury including concierge, outdoor pool & spa, social room with media, bar & fireplace, billiards room, state of the art fitness center, theater with tiered seating. In addition, there are extraordinary beach side amenities of The Beach Club. A Ritz Carlton Club membership is available at an additional monthly fee and would allow access to the Ritz Carlton Hotel Spa and Beach Club, Members Golf Club as well as all dining outlets. Thinking about joining the Ritz Carlton? This is a great opportunity to try it for a while. The Beach Residences are the ultimate in Luxury Living! This condo is fully furnished for your convenience. The condo is zoned for Southside Elementary School.There is a very long waiting list for Ritz Memberships, here is your opportunity to get one right away.

Last Agent to Rent the Property

Jaime Barcelo

GULF COAST REALTY & MANAGEMENT Brokerage Phone: 941-782-1559 License #3110873 Listed on: 10/13/2023

Last Renter's Agent

Jaime Barcelo

GULF COAST REALTY & MANAGEMENT Brokerage Phone: 941-782-1559 License #3110873 Listed on: 10/13/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,094

Year Built

  • Built in 2005

Lot Details

  • 2.03

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 3,302 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Crown Molding
  • High Ceiling
  • Window Treatments
  • Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Wrap Around Porch

Schools

  • Southside Elementary School

Additional Features

  • 50 Feet of Ocean or Gulf Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Residential Lease
  • Property Available on 1/10/24
  • The owner pays for cable TV, gas, internet, pest control, pool maintenance, security, water
  • $100 Application Fee
  • Assessor Parcel Number 2017032067

Community Details

Overview

  • Property has a Home Owners Association
  • The Beach Residences Association
  • Beach Residences Community
  • The Beach Residences Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$40,094

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: No
  • Available Date: 2024-01-10
  • Long Term YN: 0
  • Months Available: 2024 January,2024 February,2024 March,2024 April,2024 May,2024 June,2024 July,2024 August,2024 September,2024 October,2024 November,2024 December

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Fireplace: No
  • Living Area: 3302
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 3951
  • Owner Pays: Cable TV, Gas, Internet, Pest Control, Pool Maintenance, Security, Water
  • Directions to Property: South on US 41 to Gulfstream Ave, turn right and cross John Ringling Bridge to St.Armand's Circle, South on Ben Franklin Dr. to The Ritz-Carlton Beach Club entrance.
  • Status: Leased
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 10
  • List Office Head Office Key Nume: 1044373
  • RATIO Current Price By Calculate: 8.48
  • Unit Number YN: 0
  • Water Access YN: 1
  • Attribution Contact: 941-782-1559
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 3
  • Interior Amenities: Crown Molding, Elevator, High Ceilings, Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1300
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 306.77
  • Room Count: 3
  • Master Bed Size: King

Exterior Features

  • Exterior Features: Balcony
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Wrap Around
  • Road Surface Type: Paved
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 50
  • Water Frontage Feet Gulf Ocean: 50

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest, Under Building

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Fitness Center, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub
  • Association Name: The Beach Residences
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Secured Garage / Parking, Security Gate, Security Lights
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: RITZ CARLTON BEACH RESIDENCES
  • Association Approval Fee: 100

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 100

Schools

  • Elementary School: Southside Elementary

Lot Info

  • Parcel Number: 2017032067
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2011
Sold by
Alskd Management Llc
Bought by
Smith David
Current Estimated Value
$3,096,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Outstanding Balance
$482,397
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,614,025

Purchase Details

Closed on
Apr 29, 2011
Sold by
Cng Financial Corporation
Bought by
Smith David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Outstanding Balance
$482,397
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,614,025

Purchase Details

Closed on
Jun 30, 2009
Sold by
Davis Sandra K
Bought by
Alskd Management Llc

Purchase Details

Closed on
Dec 15, 2005
Sold by
The Beach Residences Llc
Bought by
Davis Allen L
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
Smith David $1,700,000 Attorney
Smith David -- Attorney
Alskd Management Llc -- Attorney
Davis Allen L $2,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith David $729,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Rented $28,000 +12.0% --
11/21/2024 11/21/24 Price Changed $25,000 -12.3% $8 / Sq Ft
09/03/2024 09/03/24 For Rent $28,500 0.0% --
09/01/2024 09/01/24 Off Market $28,500 -- --
01/09/2024 01/09/24 Price Changed $28,500 -5.0% $9 / Sq Ft
10/13/2023 10/13/23 For Rent $30,000 0.0% --
05/06/2022 05/06/22 Rented $30,000 0.0% --
03/28/2022 03/28/22 For Rent $30,000 +20.0% --
02/10/2021 02/10/21 Rented $25,000 0.0% --
01/13/2021 01/13/21 Price Changed $25,000 -16.7% $8 / Sq Ft
06/12/2020 06/12/20 Price Changed $30,000 +36.4% $9 / Sq Ft
05/22/2019 05/22/19 For Rent $22,000 -- --
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 $40,094 $2,366,600 -- $2,366,600
2023 $40,094 $2,684,500 $0 $2,684,500
2022 $31,012 $2,093,020 $0 $0
2021 $31,362 $2,032,058 $0 $0
2020 $31,749 $2,004,002 $0 $0
2019 $30,955 $1,958,946 $0 $0
2018 $30,468 $1,922,420 $0 $0
2017 $30,128 $1,882,880 $0 $0
2016 $30,120 $2,120,000 $0 $2,120,000
2015 $30,581 $2,088,700 $0 $2,088,700
2014 $30,563 $1,845,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2024

    Jaime Barcelo

    GULF COAST REALTY & MANAGEMENT

    (941) 275-3233

    1 Total Sale

    Jaime Barcelo
    Section Image
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About The Beach Residences at Lido Key

Map

Source: Stellar MLS

MLS Number: A4585874

Stellar MLS

APN: 2017-03-2067

Florida Sarasota County Sarasota 34236 Lido Key

1300 Benjamin Franklin Dr Unit 1005, Sarasota, FL

This home is located at 1300 Benjamin Franklin Dr Unit 1005, Sarasota, FL 34236 since 13 October 2023 and is currently priced at $3,096,422. This property was built in 2005. 1300 Benjamin Franklin Dr Unit 1005 is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota School of Arts & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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