NOT LISTED FOR SALE

The Beach Residences at Lido Key 1300 Benjamin Franklin Dr Unit 403 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $3,732,000 - $5,410,000

4 Beds
3.5 Baths
3,861 Sq Ft
$2,511/mo HOA Fee

Last Sold November 13, 2017

Last sale price $3,050,000 $790 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $29,943/month

Highlights

  • 400 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Public Beach
  • Heated In Ground Pool

About This Home

As of November 2017

Enjoy Sunrise & Sunset. Extraordinary Island Living in this "Ritz-Carlton Managed" Lido Key residence with "Five Star Amenities". Over 400' of Gulf frontage on almost 8 acres. Pamper yourself resort-style with the legendary Ritz-Carlton services. Instant enjoyment! Maintenance fee includes building exterior, cable, reserve, electricity for common area. Flood, building & common area insurance, ground maintenance, & repairs of the bldg. manager, recreational facilities, roof, security, trash removal, water & sewer. Minutes to St. Armand's Circle. 2 pets, NO weight limit. Please note this bldg. has newer hurricane code windows. Minutes to downtown, theater, shopping & fine dining. Enjoy the very best of Sarasota in the Ritz-Carlton tradition w/features including: concierge, maid, valet service, resort style pool & spa. An extension of your home you have an expansive social room, two extra guest suites (bedrooms), board room, billiards/ping-pong room, theater w/tiered seating, fitness center & restaurant (optional) should you wish to be a member of The Ritz-Carlton Members Club.

Last Agent to Sell the Property

Judy Kepecz-Hays

COLDWELL BANKER REALTY License #0318608 Listed on: 11/02/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

Linda Scheller

COLDWELL BANKER REALTY License #0372710

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,434

Year Built

  • Built in 2005

Lot Details

  • 400 Feet of Ocean or Gulf Waterfront
  • Public Beach
  • East Facing Home
  • Dog Run
  • Mature Landscaping
  • Well Sprinkler System
  • Street paved with bricks
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $2,511 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Off-Street Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,861 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Patio
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1300
  • Assessor Parcel Number 2017032011

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Ritz Carlton Management: 941 309 2801 Association
  • 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
  • 12-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 150 lbs
  • 2 Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,434

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,511 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3861
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 4564
  • Directions to Property: From St. Armands Circle, take Lido Beach exit to left on Benjamin Franklin Drive and continue to The Ritz-Carlton Members Beach Club entrance to The Beach Residences on the right.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 4
  • List Office Head Office Key Nume: 1037306
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 789.95
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 1
  • Property Description: High Rise
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Travertine, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Elevator, High Ceilings, Split Bedroom, Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 12
  • Window Features: Blinds
  • Street Number Modifier: 1300
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Foyer,Great Room,Inside Utility
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Other Structures: Kennel/Dog Run, Storage
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Dog Run, Irrigation System, Outdoor Grill, Outdoor Shower, Storage
  • Roof: Membrane, Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach - Public,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full,Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 400
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0137F
  • Water Frontage Feet Gulf Ocean: 400

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Covered, Driveway, Garage Door Opener, Guest, Off Street, Secured, Underground

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Gas, Public, Sprinkler Well, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness Center, Gated, Pool, Water Access, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Security, Spa/Hot Tub, Storage
  • Association Fee Frequency: Quarterly
  • Association Name: Ritz-Carlton Management: 941-309-2801
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Key Card Entry, Secured Garage / Parking
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: 2 pets allowed, NO weight limit.
  • Association Fee Requirement: Required
  • Building Name Number: 1300
  • Condo Fees: 7532
  • Condo Land Included YN: 0
  • Max Pet Weight: 150
  • Montly Maint Amt Addition To HOA: 0
  • Pet Size: Extra Large (101+ Lbs.)

Schools

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

Lot Info

  • Zoning: WFR
  • Parcel Number: 2017032011
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, Near Public Transit, Sidewalk, Street Brick, Private, Zero Lot Line
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Zoning Compatible YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Minimum lease 1 month, 3 times per year.

Tax Info

  • Tax Annual Amount: 34434
  • Tax Lot: 1300

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Cotran Robert
Bought by
Cotran Robert and Robert Cotran Revocable Trust
Current Estimated Value
$4,480,164

Purchase Details

Listed on
Nov 2, 2017
Closed on
Oct 13, 2017
Sold by
Prock Randy W and Prock Kimberly R
Bought by
Rc Place Llc
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
Linda Scheller
COLDWELL BANKER REALTY
List Price
$3,050,000
Sold Price
$3,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Sep 22, 2006
Sold by
Campisi Salvador V and Campisi Jean M
Bought by
Prock Randy W and Prock Kimberly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2005
Sold by
The Beach Residences Llc
Bought by
Campisi Salvador and Campisi Jean M
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
Cotran Robert -- Attorney
Cotran Robert -- Attorney
Rc Place Llc $3,050,000 Attorney
Prock Randy W $2,520,000 Attorney
Campisi Salvador $2,200,000 Paramount Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prock Randy W $1,645,000
Previous Owner Prock Randy W $162,800
Previous Owner Prock Randy W $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2018 02/11/18 Off Market $3,050,000 -- --
11/13/2017 11/13/17 Sold $3,050,000 0.0% $790 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $3,050,000 -- $790 / 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 $34,836 $2,430,444 -- --
2023 $34,836 $2,359,654 $0 $0
2022 $34,029 $2,290,926 $0 $0
2021 $34,414 $2,224,200 $0 $2,224,200
2020 $39,489 $2,446,400 $0 $2,446,400
2019 $38,306 $2,378,000 $0 $2,378,000
2018 $38,681 $2,394,200 $0 $2,394,200
2017 $33,738 $2,064,000 $0 $2,064,000
2016 $34,434 $2,064,000 $0 $2,064,000
2015 $33,904 $2,033,600 $0 $2,033,600
2014 $30,484 $1,796,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Kepecz-Hays

    Seller's Agent in 2017

    Judy Kepecz-Hays

    COLDWELL BANKER REALTY

    (941) 587-1700

    28 in this area

    175 Total Sales

    Section Image
  • Linda Scheller

    Buyer's Agent in 2017

    Linda Scheller

    COLDWELL BANKER REALTY

    (941) 806-7981

    49 Total Sales

    Section Image
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About The Beach Residences at Lido Key

Map

Source: Stellar MLS

MLS Number: A4200570

Stellar MLS

APN: 2017-03-2011

Florida Sarasota County Sarasota 34236 Lido Key

1300 Benjamin Franklin Dr Unit 403, Sarasota, FL

This home is located at 1300 Benjamin Franklin Dr Unit 403, Sarasota, FL 34236 since 02 November 2017 and is currently estimated at $4,480,164, approximately $1,160 per square foot. This property was built in 2005. 1300 Benjamin Franklin Dr Unit 403 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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