NOT LISTED FOR SALE

The Beach Residences at Lido Key 1300 Benjamin Franklin Dr Unit 1101 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $4,298,000 - $5,901,000

3 Beds
3.5 Baths
4,194 Sq Ft
$2,504/mo HOA Fee

Last Sold February 28, 2012

Last sale price $3,900,000 $930 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $33,858/month

48 Days on Market

Highlights

  • 500 Feet of Waterfront
  • White Water Ocean Views
  • Public Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Heated Indoor Pool

About This Home

As of February 2012

The elegance of this luxury penthouse unit, combined with the THE RITZ-CARLTON exquisite brand, offers an enviable lifestyle second to none. Positioned on the SW curve of THE RITZ-CARLTON BEACH RESIDENCES, the glorious vista offers dynamic, sweeping views ofdowntown Sarasota, mangroves, wetlands & full Gulf of Mexico sunsets. The elevator opens to an inviting foyer that enters into a sophisticated, yet tranquil, classically understated and sumptuous décor. Graciously accented with the finest fit and finish and gourmet accoutrements , the open floor plan showers each room with waterfront vistas. Any room offers a unique water and sunset orientation that helps one to relax and enjoy the natural ambiance from any part of the home. Along with the meandering waterways viewed from the west or south terrace of this prestigious Lido Key address,views also include the sugar sand Gulf Beaches. THE RITZ-CARLTON BEACH RESIDENCES available services include a fitness center, billiards and media room, guest suites & more. Additionally, it is located merely minutes from St Armand's Circle with shops, restaurants & full array of entertainment and cultural offerings: film festivals, museums, opera & performing arts. Along with the spectacular views and graceful opulence, the property includes 2 parking spaces 146 & 165 which convey. Truly a magnificent waterfront property located in one of the finest coastal cities in the world.

Last Agent to Sell the Property

Linda Dickson

MICHAEL SAUNDERS & COMPANY License #3219091 Listed on: 12/06/2011

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Ray Alexander

THE RAND WILSON GROUP License #3469452

Last Buyer's Agent

Beth Afflebach

MICHAEL SAUNDERS & COMPANY License #0655135

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $45,545

Year Built

  • Built in 2005

Lot Details

  • 500 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • Property fronts a public beach
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Public Beach
  • End Unit
  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $2,504 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Circular Driveway
  • Secured Garage or Parking
  • Guest Parking

Property Views

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 4,194 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Great Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated Indoor Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Flood Zone Lot

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 1101
  • Assessor Parcel Number 2017032072

Community Details

Overview

  • Association fees include cable TV, electricity, fidelity bond, insurance, ground maintenance, maintenance repairs, manager, security, sewer, water
  • High-Rise Condominium
  • Beach Residences Condos
  • Beach Residences Community
  • Beach Residences Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 12-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Security

  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$45,545

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,504 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Electricity, Fidelity Bond, Insurance, Maintenance Grounds, Maintenance Repairs, Manager, Security, Sewer, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4194
  • Lot Size Acres: 2.03
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 5082
  • Lot Size Sq Ft: 88309
  • Directions to Property: St Armand's Circle to John Ringling Blvd to S on Benjamin Franklin Dr to The Beach Residences on W side of street. Check in at gate, proceed to guest parking, check in again at lobby. Elevator opens to Unit 1101.
  • Status: Sold
  • Floor Number: 11
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 2 to less than 5
  • Home Warranty Y N: No
  • Subdivision Num: 8397
  • Property Description: End Unit, High Rise
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.92968
  • Price per Sq Ft: 929.9
  • Close to Original List Price Ratio: 0.92968
  • Ratio: Current Price\Building Area Total: 767.41
  • View: Yes
  • Co List Office Mls Id: 266509097
  • Co List Office Phone: 941-538-6660
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2010
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Elevator, High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Trash Compactor, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 12
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 1300
  • Room Count: 8
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate, Great Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Pool Features: Heated, Indoor
  • Exterior Features: Balcony, Hurricane Shutters, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Gulf Of Mexico Sara Bay Icw
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Beach, Gulf/Ocean - Full, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 500

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Covered, Guest, Secured, Underground
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community, Pool, Waterfront Complex
  • Association Amenities: Elevator(s), Gated, Maintenance, Storage
  • Association Fee: 7511
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Smoke Detector(s)
  • Complex Community Name NCCB: BEACH RESIDENCES
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 30044
  • Total Monthly Fees: 2503.67

Schools

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

Lot Info

  • Zoning: WFR
  • Parcel Number: 2017032072
  • Additional Parcels: No
  • Lot Features: FloodZone, Level, Zero Lot Line
  • Millage Rate: 16.75
  • Flood Zone Code: A1
  • Future Land Use: 0405
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 3
  • Pet Restrictions: Only dogs, cats or birds commonly kept as household pets, No Pit Bull Terriers
  • Expected Lease Date: 2012-02-28T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 45545
  • Tax Book Number: 0038/0035
  • Tax Lot: 1101

Multi Family

  • Waterfront Features: Bay/Harbor, Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2015
Sold by
Miller James and Miller Misdee
Bought by
Lunati Ralph P and Lunati Amy L
Current Estimated Value
$5,063,854

Purchase Details

Listed on
Dec 6, 2011
Closed on
Feb 28, 2012
Sold by
Shoemaker David W
Bought by
Miller James and Miller Misdee
Seller's Agent
Linda Dickson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Beth Afflebach
MICHAEL SAUNDERS & COMPANY
List Price
$3,900,000
Sold Price
$3,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%

Purchase Details

Closed on
Dec 20, 2005
Sold by
The Beach Residences Llc
Bought by
Shoemaker David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,650,040
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Lunati Ralph P $4,000,000 Attorney
Miller James $3,900,000 Msc Title Inc
Shoemaker David W $3,312,600 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shoemaker David W $2,650,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2012 02/28/12 Sold $3,900,000 0.0% $930 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $3,900,000 -- $930 / 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 $47,709 $3,327,244 -- --
2023 $47,709 $3,230,334 $0 $0
2022 $46,638 $3,136,247 $0 $0
2021 $47,184 $3,044,900 $0 $3,044,900
2020 $53,198 $3,343,400 $0 $3,343,400
2019 $57,284 $3,608,500 $0 $3,608,500
2018 $56,744 $3,563,392 $0 $0
2017 $56,117 $3,490,100 $0 $3,490,100
2016 $57,862 $3,490,100 $0 $3,490,100
2015 $56,959 $3,438,600 $0 $3,438,600
2014 $51,173 $3,037,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Linda Dickson

    Michael Saunders

    (941) 224-1337

    4 Total Sales

    Linda Dickson
    Section Image
  • Ray Alexander

    Seller Co-Listing Agent in 2012

    Ray Alexander

    THE RAND WILSON GROUP

    (941) 704-2168

    6 Total Sales

    Ray Alexander
    Section Image
  • Beth Afflebach

    Buyer's Agent in 2012

    Beth Afflebach

    Michael Saunders

    (941) 737-1756

    3 in this area

    34 Total Sales

    Beth Afflebach
    Section Image
  • Joan Dickinson

    Buyer Co-Listing Agent in 2012

    Joan Dickinson

    Michael Saunders

    (941) 914-0496

    3 in this area

    37 Total Sales

    Joan Dickinson
    Section Image
See All Agents

About The Beach Residences at Lido Key

Map

Source: Stellar MLS

MLS Number: A3952731

Stellar MLS

APN: 2017-03-2072

Florida Sarasota County Sarasota 34236 Lido Key

1300 Benjamin Franklin Dr Unit 1101, Sarasota, FL

This home is located at 1300 Benjamin Franklin Dr Unit 1101, Sarasota, FL 34236 since 06 December 2011 and is currently estimated at $5,063,854, approximately $1,207 per square foot. This property was built in 2005. 1300 Benjamin Franklin Dr Unit 1101 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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