NOT LISTED FOR SALE

Lido Regency 1700 Benjamin Franklin Dr Unit 12D Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,230,000 - $1,325,469

2 Beds
2 Baths
1,492 Sq Ft
$945/mo HOA Fee

Last Sold July 20, 2020

Last sale price $865,000 $580 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,738/month

61 Days on Market

Highlights

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

About This Home

As of July 2020

Oh, the view! Lido Beach condominium on the 12th floor with fantastic views of the Gulf of Mexico, Lido Key, Ringling Bridge and Downtown Sarasota. This rarely available northwest corner D unit in Lido Regency has the best views on the island. From the moment you walk into this sky-high condominium, you can see blue skies and turquoise waters as far as the eye can see. The location can’t be beat, with the beach in your backyard and lively shopping, dining and nightlife at St. Armands Circle just one mile down the road. At 1,492 sq. ft., this two-bedroom, two-bath condominium lives large. The open living areas take advantage of the great view and are completely separate from the bedrooms. Brand new doors, hardware, lighting, paint and trim throughout. Luxury features include solid-wood cabinetry, granite countertops, storage/entertainment built-ins, security cameras and lots of storage. All windows and sliding glass doors were replaced four years ago with impact windows and doors. The master bedroom includes two walk-in closets and sliding glass doors to the balcony. The first-floor community space features floor-to-ceiling windows in the lobby, fitness gym and social room. First-floor amenities also include shower/changing rooms, outdoor grills and kayak/paddleboard storage. The beachside pool area features a heated pool/spa along with all-new pool furniture. Lido Regency is a fully-funded condominium with an active social lifestyle. Life is good on the beach!

Last Agent to Sell the Property

Peter G. Laughlin

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0354182 Listed on: 05/07/2020

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Joe Millslagle

PREFERRED SHORE LLC License #3403228

PREFERRED SHORE LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,532

Year Built

  • Built in 1968

Lot Details

  • End Unit
  • Northeast Facing Home
  • Fenced
  • Mature Landscaping

HOA Fees

  • $945 Monthly HOA Fees

Property Views

Home Design

  • Custom Home
  • Elevated Home
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,492 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Shades
  • Blinds
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Closed Circuit Camera

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

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

Outdoor Features

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

Location

  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Vikkilynn Ferguson Association, Phone Number (941) 388-3003
  • High-Rise Condominium
  • Lido Regency Community
  • Lido Regency Subdivision
  • Association Owns Recreation Facilities
  • Rental Restrictions
  • 13-Story Property

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,532

Year Built

Built in 1968

Lot Details

0

HOA Fees

$945 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1492
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1617
  • Directions to Property: Benjamin Franklin Drive, past Lido Beach, first right after The Sancastle Resort.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4466727?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4466727?w=Customer
  • Floor Number: 12
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, Elevated, End Unit, High Rise
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.98857
  • Price per Sq Ft: 579.76
  • Close to Original List Price Ratio: 0.96433
  • Ratio: Current Price\Building Area Total: 534.94
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Granite, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 13
  • Window Features: Blinds, Shades
  • Street Number Modifier: 1700
  • Room Count: 7
  • Additional Rooms: Florida Room, Great Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Fenced, Outdoor Grill, Outdoor Shower, Sidewalk, Storage
  • Roof: Concrete
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0137
  • Waterfront Frontage: 202
  • Water Frontage Feet Beach Pub: 202
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Corridor Access, Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fishing, Fitness, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Pool, Recreation Facilities, Storage
  • Association Name: Vikkilynn Ferguson
  • Phone: 941-388-3003
  • Association: Yes
  • Security: Closed Circuit Camera(s)
  • Senior Community: No
  • Condo Fees: 945
  • Condo Fees Term: Monthly
  • Association Email: lidoregencycondo@yahoo.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 945
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11340
  • Total Monthly Fees: 945

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017103074
  • Additional Parcels: No
  • Lot Features: City Lot, In County, Level, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 2 Months
  • Approval Process: Verify with Association
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify with Association

Tax Info

  • Tax Annual Amount: 6532
  • Tax Book Number: 1349-526
  • Tax Lot: 12D

Multi Family

  • Waterfront Features: Beach - Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 20, 2020
Sold by
Santaularia Joseph E
Bought by
Martinez Rachel D
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Joe Millslagle
PREFERRED SHORE LLC
List Price
$875,000
Sold Price
$865,000
Premium/Discount to List
-$10,000
-1.14%
Current Estimated Value
$1,281,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,867
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Dec 17, 2007
Sold by
Santaularia Donna J
Bought by
Santaularia Joseph E

Purchase Details

Closed on
Apr 1, 2003
Sold by
Esser Werner-Michael
Bought by
Santaularia Joseph E and Santaularia Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.82%
Source: Public Records

Range of Values:

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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
Martinez Rachel D $865,000 None Listed On Document
Santaularia Joseph E -- Attorney
Santaularia Joseph E $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santaularia Joseph E $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $865,000 -1.1% $580 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $875,000 +1.2% $586 / Sq Ft
05/07/2020 05/07/20 Off Market $865,000 -- --
05/04/2020 05/04/20 For Sale $897,000 0.0% $601 / Sq Ft
08/17/2018 08/17/18 Off Market $2,750 -- --
12/30/2014 12/30/14 Rented $2,750 +17.0% --
09/14/2014 09/14/14 Under Contract -- -- --
08/23/2014 08/23/14 Price Changed $2,350 -2.1% $2 / Sq Ft
05/12/2014 05/12/14 For Rent $2,400 -- --
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 $12,836 $1,187,300 -- $1,187,300
2023 $12,836 $896,409 $0 $0
2022 $12,593 $870,300 $0 $870,300
2021 $9,784 $616,500 $0 $616,500
2020 $6,676 $444,400 $0 $444,400
2019 $6,644 $443,545 $0 $0
2018 $6,532 $435,275 $0 $0
2017 $6,453 $426,322 $0 $0
2016 $6,450 $550,100 $0 $550,100
2015 $6,178 $416,100 $0 $416,100
2014 $6,170 $383,808 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4466727

Stellar MLS

APN: 2017-10-3074