$1,500,000
SOLD OCT 22, 2021
2 Beds
2 Baths
1,855 Sq Ft
$1,305/mo HOA Fee

Recently Sold

$809 Per Sq Ft

6% Below List Price

3 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Private Beach
  • Newly Remodeled
  • Southside Elementary School Rated A
  • Fitness Center
  • Heated In Ground Pool

About This Home

As of October 2021

Enjoy carefree living and spectacular sunsets at the Ritz Carlton Beach Residences. This spacious condominium offers a sophisticated blend of traditional design with a modern coastal flair. The thoughtful split-bedroom floor plan features casual elegance and luxurious finishes including soaring 10’ ceilings, travertine & wood flooring, gorgeous custom lighting and motorized shades on the floor-to-ceiling hurricane code rated sliders. The gourmet is complete with premium appliances and granite counter tops. The expansive, west-facing terrace is the perfect spot to relax enjoy a book surrounded by a tropical ambiance and partial views of the Gulf of Mexico. The convenient location of this residence on the third floor provides quick and easy access to the incomparable list of exceptional amenities, including full concierge services, state-of-the-art fitness center, men’s and women’s locker room, saunas, steam showers, massage rooms, elegant board room, billiards/game room, and beautiful theater with surround sound and tiered seating. The large social gathering room has a bar, fireplace, leisure seating, catering kitchen and media entertainment. The private resort-style pool area has a spa, large sun deck with lounge chairs and umbrellas, and outdoor kitchen. In addition, owners enjoy the peace of mind that comes with 24-hour staff & security. There are to two elegantly designed guest suites for out-of-town visitors. The complex is pet friendly with No weight limit and a private dog run area. The gated, under-building parking garage has storage space for bikes & kayaks. Residents also have an assigned & air-conditioned storage space. Privileged owners enjoy the benefits of a service oriented, well-trained and world-class staff. Many owners choose to enhance their lifestyle with an optional Membership in the Ritz-Carlton Member’s Club with packages that include the Spa, Golf Course and Beach Club. The fabulous location on the beautiful white-sand beaches of Lido Key is just minutes from St Armands Circle and Downtown Sarasota.

Last Agent to Sell the Property

John Allen

ALLEN REAL ESTATE SERVICES INC License #3036999 Listed on: 10/08/2021

Last Buyer's Agent

Ian McPherson

COLDWELL BANKER REALTY License #3439111

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,412

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • 400 Feet of Waterfront
  • Private Beach
  • East Facing Home
  • Dog Run
  • Mature Landscaping

HOA Fees

  • $1,305 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,855 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Shades
  • Inside Utility

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water Access
  • Deck
  • Wrap Around Porch
  • Patio

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • Electric Water Heater
  • 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, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • Ellyne Newton Association, Phone Number (941) 309-2802
  • High-Rise Condominium
  • The Beach Residences Community
  • The Beach Residences Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 12-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 101 lbs
  • 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

$14,412

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

HOA Fees

$1,305 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1855
  • New Construction: Yes
  • Year Built: 2005
  • Building Area Total: 2274
  • Directions to Property: From US 41, Go West over John Ringling Bridge. Take 2nd exit from the roundabout and turn left (south) on Ben Franklin Dr. Head south to 1300 Ben Franklin Dr on Right. Stop at Guard Gate to confirm appointment and gain access.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4514599?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4514599?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 941-544-6467
  • Ratio: Close Price\List Price: 0.94044
  • Price per Sq Ft: 808.63
  • Close to Original List Price Ratio: 0.94044
  • Ratio: Current Price\Building Area Total: 659.63
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Travertine, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 12
  • Window Features: Shades
  • Street Number Modifier: 1300
  • Room Count: 5
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Dog Run, Sidewalk
  • Roof: Other
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Wrap Around
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 400
  • Water Frontage Feet Beach Prvt: 400
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Garage Door Opener, Guest, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Pool, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage
  • Association Fee: 3916
  • Association Fee Frequency: Quarterly
  • Association Name: Ellyne Newton
  • Phone: 941-309-2802
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Association Email: ellyne.newton@ritzcarlton.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 15664
  • Monthly HOA Fee: 1305.33
  • Total Monthly Fees: 1305.33

Lot Info

  • Zoning: WFR
  • Parcel Number: 2017032003
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 1 Month
  • Num Timesper Year: 3
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 month minimum, Tenants no pets

Tax Info

  • Tax Annual Amount: 14412.11
  • Tax Lot: 308

Multi Family

  • Waterfront Features: Beach - Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Oct 22, 2021
Sold by
Smith Charles W and Smith Faine H
Bought by
Schulmann Daniel
Seller's Agent
John Allen
ALLEN REAL ESTATE SERVICES INC
Buyer's Agent
Ian McPherson
COLDWELL BANKER REALTY
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
Current Estimated Value
$1,920,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,298
Avg. Annual Appreciation
6.79%

Purchase Details

Listed on
Mar 20, 2017
Closed on
Oct 16, 2017
Sold by
Dugues Henry C and Dugues Dawn B
Bought by
Smith Charles W and Smith Faine H
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
John Allen
ALLEN REAL ESTATE SERVICES INC
List Price
$1,600,000
Sold Price
$1,230,000
Premium/Discount to List
-$370,000
-23.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Aug 19, 2016
Sold by
Mallof Joseph T and Mallof Virginia E
Bought by
Bradshaw Ralph W and Bradshaw Deborah B

Purchase Details

Closed on
Mar 8, 2016
Sold by
Slab Llc
Bought by
Duques Henry C and Duques Dawn B

Purchase Details

Closed on
Dec 15, 2005
Sold by
The Beach Residences Llc
Bought by
Slab Lido Llc
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $1,500,000 Mti Title Insurance Agcy Inc
Warranty Deed $1,230,000 Attorney
Warranty Deed $1,987,500 None Available
Warranty Deed $1,140,000 Attorney
Special Warranty Deed $845,000 Paramount Title Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $1,500,000 -6.0% $809 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $1,595,000 +29.7% $860 / Sq Ft
08/17/2018 08/17/18 Off Market $1,230,000 -- --
10/16/2017 10/16/17 Sold $1,230,000 -23.1% $663 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $1,600,000 -- $863 / 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 $20,189 $1,428,525 -- --
2023 $20,189 $1,386,917 $0 $0
2022 $19,624 $1,300,400 $0 $1,300,400
2021 $16,120 $1,081,200 $0 $1,081,200
2020 $14,412 $888,100 $0 $888,100
2019 $17,145 $1,062,300 $0 $1,062,300
2018 $15,690 $967,800 $0 $967,800
2017 $15,535 $948,800 $0 $948,800
2016 $14,912 $948,800 $0 $948,800
2015 $13,410 $799,000 $0 $799,000
2014 $12,069 $706,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4514599

Stellar MLS

APN: 2017-03-2003