NOT LISTED FOR SALE

The Beach Residences at Lido Key 1300 Benjamin Franklin Dr Unit 1201 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $5,636,952 - $6,623,000

3 Beds
3.5 Baths
4,189 Sq Ft
$3,004/mo HOA Fee

Last Sold January 10, 2022

Last sale price $5,400,000 $1,289 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $41,343/month

27 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Beach View
  • Fitness Center
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Penthouse

About This Home

As of January 2022

Ritz-Carlton Managed "The Beach Residences" on Lido Key. BEYOND IMAGINATION with unparalleled amenities in a lifestyle of privacy and comfort await you here. Instant enjoyment with hypnotizing views in this Penthouse in the Sky! The Ultimate Southwest Corner Residence in Sarasota and her islands! Upon arrival at this exclusive Gulf-front paradise, the experience is one of pure refinement in a luxury beach resort setting. This Penthouse has it all! From the moment you step out of your private elevator into your residence, you have walls of glass, with approximately 300-degree views of forever sunrise and sunset views, it's one of the best views in the building. Enjoy picturesque panoramas of the Gulf, Bay, Sarasota skyline, and nature preserve. Beautiful views envelop this meticulously designed 3 bdrm plus a family room of 4200 sq. ft. residence. The ultimate in casual elegance: gas fireplace, travertine flooring in main living area, custom Hunter Douglas remote control blinds throughout, soaring 10' 8"-foot ceilings custom gourmet kitchen with Dacor ovens and warming drawer, gas cooktop subzero refrigerator, and wine refrigerator. Also a generous island breakfast bar with a planning desk and a brand new gas BBQ on your private terrace. Two spacious terraces, one for sunrise the other for sunset. Live the Ritz-Carlton lifestyle with amenities including a private owner's pool & spa, social room, kitchen, board room, billiard or ping-pong room, theater with tiered seating, massage room, 24-hour concierge, state of the art fitness center, 2 guest suites, and a dog run. Maintenance fee covers building exterior, cable, internet, escrow reserve funds, the electric bill for common area, flood insurance, ground maintenance, building insurance, maintenance and repairs, manager, public insurance, recreational facilities, roof, security, trash removal, and water and sewer. Just minutes to St. Armand's Circle! ENCLOSED PRIVATE 2 CAR GARAGE IN THE GARAGE with 1 ADDITIONAL COVERED parking space. AIR conditioned storage in Garage. TWO pets welcome no weight limit! Back up offers will be accepted till Dec. 20 th 2021 .

Last Agent to Sell the Property

Judy Kepecz-Hays

COLDWELL BANKER REALTY License #0318608 Listed on: 11/14/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Lee Mirman

INVESTMENTS IN SARASOTA License #3022993

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $56,908

Year Built

  • Built in 2005

Lot Details

  • 400 Feet of Waterfront
  • Property fronts gulf or ocean
  • End Unit
  • Street terminates at a dead end
  • West Facing Home
  • Dog Run
  • Fenced
  • Condo Land Included

HOA Fees

  • $3,004 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Parking Garage Space
  • Open Parking

Property Views

Home Design

  • Penthouse
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 4,189 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Inside Utility
  • Sauna

Kitchen

  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Well Sprinkler System

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool Deck
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • Electric Water Heater
  • Water Softener
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Scott Tocher Association, Phone Number (941) 309-2801
  • High-Rise Condominium
  • The Beach Residences Community
  • The Beach Residences Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing
  • Rental Restrictions

Amenities

  • Sauna
  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$56,908

Year Built

Built in 2005

Lot Details

0

HOA Fees

$3,004 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: Yes
  • Living Area: 4189
  • Lot Size Acres: 2.03
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 5047
  • Lot Size Sq Ft: 88296
  • Directions to Property: From downtown: Cross the John Ringling Bridge to Lido Key, proceed south on Benjamin Franklin Drive to The Ritz-Carlton Beach Residences and The Ritz-Carlton Beach Club front entrance. Property is on the Beach Side of the Island. Guard at the gate for entry
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4517801?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4517801?w=Customer
  • Floor Number: 12
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Property Description: End Unit, High Rise, Penthouse
  • Ratio: Close Price\List Price: 0.90226
  • Price per Sq Ft: 1289.09
  • Close to Original List Price Ratio: 0.90226
  • Ratio: Current Price\Building Area Total: 1069.94
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble, Travertine
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Washer, Water Softener, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 1300
  • Room Count: 9
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate, Great Room, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: West
  • Other Structures: Kennel/Dog Run, Outdoor Kitchen
  • Pool Features: Deck, Gunite, Heated, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Dog Run, Fenced, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sauna, Sidewalk, Sliding Doors, Sprinkler Metered
  • Roof: Concrete, Other
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved, Asphalt
  • Water View: Beach, Gulf/Ocean - Full, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 400
  • Water Frontage Feet Gulf Ocean: 400
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Covered, Garage Door Opener, Oversized, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Natural Gas Connected, Public, Sewer Connected, Sprinkler Well, Street Lights, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Gated Community, Irrigation-Reclaimed Water, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fence Restrictions, Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Sauna, Security, Spa/Hot Tub, Storage
  • Association Fee Frequency: Quarterly
  • Association Name: Scott Tocher
  • Phone: 941 309 2801
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 9012
  • Condo Fees Term: Quarterly
  • Association Email: scott.tocher@ritzcarlton.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 3004
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 36048
  • Total Monthly Fees: 3004

Schools

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

Lot Info

  • Zoning: WFR
  • Parcel Number: 2017032081
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Near Public Transit, Sidewalk
  • Flood Zone Code: AE

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Number Limit, Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 1 Month
  • Num Timesper Year: 3
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One month minimum 3 times per year

Tax Info

  • Tax Annual Amount: 56907.5
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2025
Sold by
Schwarz Richard and Schwarz Lorraine
Bought by
Richard L Schwarz Revocable Trust and Lorraine Schwarz Revocable Trust
Current Estimated Value
$6,078,651

Purchase Details

Listed on
Nov 14, 2021
Closed on
Jan 10, 2022
Sold by
Tutoki Christopher R and Tutoki Jane A
Bought by
Schwarz Richard and Schwarz Lorraine
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
Lee Mirman
INVESTMENTS IN SARASOTA
List Price
$5,985,000
Sold Price
$5,400,000
Premium/Discount to List
-$585,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 23, 2018
Sold by
Barrett Betty J
Bought by
Tutoki Christopher R and Tutoki Jane A
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Roger Pettingell
COLDWELL BANKER REALTY
List Price
$5,495,000
Sold Price
$5,000,000
Premium/Discount to List
-$495,000
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%

Purchase Details

Closed on
Dec 29, 2005
Sold by
The Beach Residences Llc
Bought by
Barrett Herbert B and Barrett Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,395,000
Interest Rate
6.12%
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
Richard L Schwarz Revocable Trust $100 None Listed On Document
Schwarz Richard $5,400,000 None Listed On Document
Tutoki Christopher R $5,000,000 Attorney
Barrett Herbert B $4,850,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrett Herbert B $3,395,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2022 01/10/22 Sold $5,400,000 -9.8% $1,289 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $5,985,000 +19.7% $1,429 / Sq Ft
04/27/2018 04/27/18 Sold $5,000,000 -9.0% $1,192 / Sq Ft View Prior Sale
04/01/2018 04/01/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $5,495,000 -- $1,310 / 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 $73,332 $5,424,540 -- --
2023 $73,332 $4,931,400 $0 $4,931,400
2022 $64,186 $4,277,400 $0 $4,277,400
2021 $50,505 $3,259,100 $0 $3,259,100
2020 $56,908 $3,576,311 $0 $0
2019 $55,494 $3,495,905 $0 $0
2018 $60,872 $3,783,300 $0 $3,783,300
2017 $61,095 $3,760,500 $0 $3,760,500
2016 $62,291 $3,760,500 $0 $3,760,500
2015 $61,318 $3,705,000 $0 $3,705,000
2014 $55,084 $3,272,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Kepecz-Hays

    Seller's Agent in 2022

    Judy Kepecz-Hays

    COLDWELL BANKER REALTY

    (941) 587-1700

    27 in this area

    162 Total Sales

    Judy Kepecz-Hays
    Section Image
  • Lee Mirman

    Buyer's Agent in 2022

    Lee Mirman

    INVESTMENTS IN SARASOTA

    (941) 894-6059

    5 in this area

    49 Total Sales

    Lee Mirman
    Section Image
  • Roger Pettingell

    Seller's Agent in 2018

    Roger Pettingell

    COLDWELL BANKER REALTY

    (941) 387-1840

    10 in this area

    351 Total Sales

    Roger Pettingell
    Section Image
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About The Beach Residences at Lido Key

Map

Source: Stellar MLS

MLS Number: A4517801

Stellar MLS

APN: 2017-03-2081

Florida Sarasota County Sarasota 34236 Lido Key

1300 Benjamin Franklin Dr Unit 1201, Sarasota, FL

This home is located at 1300 Benjamin Franklin Dr Unit 1201, Sarasota, FL 34236 since 14 November 2021 and is currently estimated at $6,078,651, approximately $1,451 per square foot. This property was built in 2005. 1300 Benjamin Franklin Dr Unit 1201 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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