NOT LISTED FOR SALE

The Beach Residences at Lido Key 1300 Benjamin Franklin Dr Unit 1006 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $3,633,328 - $3,898,000

3 Beds
3 Baths
3,014 Sq Ft
$2,406/mo HOA Fee

Last Sold May 05, 2023

Last sale price $4,200,000 $1,393 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $25,250/month

98 Days on Market

Highlights

  • Beach View
  • Fitness Center
  • Gated Community
  • Southside Elementary School Rated A
  • Gunite Pool
  • Open Floorplan

About This Home

As of May 2023

Perfection at the Beach. Enjoy the beautiful Beach lifestyle with all the exemplary services of The Ritz-Carlton on Lido Key, Florida. This three bedroom, three bath Residence features an open floorplan with panoramic views of the crystal blue waters of the Gulf of Mexico. The expansive wrap around terrace allows for outdoor relaxation, entertaining, and spectacular sunsets. The Residence interior has been totally updated and is ready for the new owner to enjoy. The ladies and gentlemen of The Ritz-Carlton are available for the owners 24 hours a day. The Building amenities include, private swimming pool/spa, social rooms, movie theatre, and fitness center. The Beach Residences are located on the same site as The Ritz-Carlton Members Beach Club. The location is perfect for walking the beach or biking into St. Armands Circle to shop and dine. Beach Luxury knows no limits.

Last Agent to Sell the Property

Joan Dickinson

MICHAEL SAUNDERS & COMPANY License #0452590 Listed on: 12/27/2022

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Beth Afflebach

MICHAEL SAUNDERS & COMPANY License #0655135

Last Buyer's Agent

Steve Healy

CORCORAN PREMIER REALTY License #3031216

CORCORAN PREMIER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,428

Year Built

  • Built in 2005

Lot Details

  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $2,406 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • Park or Greenbelt
  • Pool

Home Design

  • Florida Architecture
  • Entry on the 10th floor
  • Slab Foundation
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,014 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Dry Bar
  • High Ceiling
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Chlorine Free
  • Pool Tile

Outdoor Features

  • Balcony
  • Wrap Around Porch
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Power Generator
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, escrow reserves fund, gas, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Scott Tocher Association, Phone Number (941) 309-2801
  • High-Rise Condominium
  • The Beach Residences Condos
  • The Beach Residences Community
  • The Beach Residences Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions
  • 12-Story Property

Amenities

  • Sauna
  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • 2 Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,428

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,406 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 3014
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 3740
  • Status: Sold
  • Co List Office Mls Id: MFR281504998
  • Co List Office Phone: 941-951-6660
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Floor Number: 10
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1393.50
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Dry Bar, Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Other Equipment: Generator
  • Spa Yn: No
  • Stories: 12
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 280.01

Exterior Features

  • Direction Faces: West
  • Pool Features: Chlorine Free, Gunite, Heated, Tile
  • Exterior Features: Balcony, Lighting, Sliding Doors, Storage
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Park/Greenbelt, Pool, Water
  • Water Body Name: GULF OF MEXICO, SARASOTA BAY
  • Waterfront: No
  • Patio and Porch Features: Covered, Wrap Around
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water View: Beach,Gulf/Ocean - Full,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness Center, Pool, Sidewalks, Special Community Restrictions
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Lobby Key Required, Pool, Recreation Facilities, Sauna, Security, Storage
  • Association Name: Scott Tocher
  • Phone: 941-309-2801
  • Association: No
  • Security: Fire Sprinkler System, Gated Community, Key Card Entry, Secured Garage / Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: THE BEACH RESIDENCES
  • Condo Fees: 7219
  • Condo Land Included YN: 0
  • Monthly Condo Fee Amount: 2406
  • Management: Full Time

Fee Information

  • Total Annual Fees: 28876.00
  • Total Monthly Fees: 2406.33

Schools

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

Lot Info

  • Zoning: WFR
  • Parcel Number: 2017032068
  • Additional Parcels: No
  • Lot Features: Sidewalk, Paved
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 35427.82
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
May 5, 2023
Sold by
Charles A Ferrara 2018 Family Trust
Bought by
Constance Mary Ryan Revocable Trust
Seller's Agent
Joan Dickinson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Steve Healy
CORCORAN PREMIER REALTY
List Price
$4,699,000
Sold Price
$4,200,000
Premium/Discount to List
-$499,000
-10.62%
Views
75
Current Estimated Value
$3,737,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$462,168
Avg. Annual Appreciation
-4.59%

Purchase Details

Listed on
Oct 15, 2019
Closed on
Apr 23, 2021
Sold by
Oboler Lillian A and Oboler Allen A
Bought by
Ferrara Charles A and Ferrara Diane Manning
Seller's Agent
Joan Dickinson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Brian Helgemo
COMPASS FLORIDA
List Price
$2,990,000
Sold Price
$2,920,000
Premium/Discount to List
-$70,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.61%

Purchase Details

Closed on
Sep 21, 2015
Sold by
Oboler Allen A and Oboler Lynn
Bought by
Revocab Allen A and Revocab Lillian A Oboler Joint

Purchase Details

Closed on
Dec 29, 2005
Sold by
The Beach Residences Llc
Bought by
Oboler Allen A and Oboler Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,475,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Constance Mary Ryan Revocable Trust $4,200,000 Premier Title Of Florida
Ferrara Charles A $2,920,000 Msc Title Inc
Revocab Allen A -- Attorney
Oboler Allen A $2,270,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oboler Allen A $1,475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $4,200,000 -8.7% $1,393 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
02/15/2023 02/15/23 Price Changed $4,599,000 -2.1% $1,526 / Sq Ft
12/27/2022 12/27/22 For Sale $4,699,000 +60.9% $1,559 / Sq Ft
04/23/2021 04/23/21 Sold $2,920,000 -2.3% $969 / Sq Ft View Prior Sale
02/23/2021 02/23/21 Pending -- -- --
04/01/2020 04/01/20 Price Changed $2,990,000 0.0% $992 / Sq Ft
04/01/2020 04/01/20 For Sale $2,990,000 +2.4% $992 / Sq Ft
03/16/2020 03/16/20 Off Market $2,920,000 -- --
02/18/2020 02/18/20 Price Changed $3,100,000 -3.1% $1,029 / Sq Ft
10/15/2019 10/15/19 For Sale $3,200,000 -- $1,062 / 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 $39,360 $2,988,300 -- $2,988,300
2023 $39,360 $2,703,500 $0 $2,703,500
2022 $35,428 $2,353,200 $0 $2,353,200
2021 $31,541 $2,045,985 $0 $0
2020 $33,187 $2,096,538 $0 $0
2019 $33,360 $2,128,561 $0 $0
2018 $31,947 $2,037,796 $0 $0
2017 $30,491 $1,907,582 $0 $0
2016 $30,719 $2,062,100 $0 $2,062,100
2015 $30,841 $2,031,700 $0 $2,031,700
2014 $29,699 $1,794,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joan Dickinson

    Seller's Agent in 2023

    Joan Dickinson

    Michael Saunders

    (941) 914-0496

    3 in this area

    37 Total Sales

    Joan Dickinson
    Section Image
  • Beth Afflebach

    Seller Co-Listing Agent in 2023

    Beth Afflebach

    Michael Saunders

    (941) 737-1756

    3 in this area

    34 Total Sales

    Beth Afflebach
    Section Image
  • Steve Healy

    Buyer's Agent in 2023

    Steve Healy

    CORCORAN PREMIER REALTY

    (407) 230-1441

    1 in this area

    141 Total Sales

    Steve Healy
    Section Image
  • Brian Helgemo

    Buyer's Agent in 2021

    Brian Helgemo

    COMPASS FLORIDA

    (941) 380-3727

    1 in this area

    1,572 Total Sales

    Brian Helgemo
    Section Image
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About The Beach Residences at Lido Key

Map

Source: Stellar MLS

MLS Number: A4555612

Stellar MLS

APN: 2017-03-2068

Florida Sarasota County Sarasota 34236 Lido Key

1300 Benjamin Franklin Dr Unit 1006, Sarasota, FL

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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