NOT LISTED FOR SALE

Lido Regency 1700 Benjamin Franklin Dr Unit 2A Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,210,000 - $1,247,000

2 Beds
2 Baths
1,492 Sq Ft
$1,052/mo HOA Fee

Last Sold May 23, 2023

Last sale price $1,375,000 $922 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,751/month

108 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • In Ground Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Full Gulf or Ocean Views

About This Home

As of May 2023

Welcome to the Lido Regency where white sandy shores meet a wonderous ribbon on blue-green water
and the view from your condominium is nothing less than a tropical dream. Situated on south Lido Key
and overlooking the Gulf of Mexico, this two-bedroom, two-bathroom residence has been beautifully
updated with a mix of coastal and beach elements. Kick off your sandals and step inside where you’ll
discover a peaceful open floor plan centered on water views. The kitchen, dining area, and living room
form an all-day space where it’s a treat to just be. Prepare the catch of the day in the unembellished
kitchen, complete with modern lines, stainless appliances, tray ceiling, sold-surface counters, and a
graciously sized island with breakfast bar. The dining area is accompanied by built-ins where memories,
art, books, and seashells look right at home. The living room centers on the view and extends into the
sunroom where wall-to-wall windows effortlessly bring in natural daylight and seaside charm. The
owner’s suite overlooks the sunroom while plantation shutter-style sliders close with ease when it’s
time for bed. A walk-in closet and newly renovated bath offer space, comfort, and privacy. A second
bedroom welcomes guests – because who doesn’t want to be at the beach? Lido Regency offers an
updated gym with water views, a recently renovated community room, and a resort-style beach front
pool and spa. This desirable address is the perfect home base for daily beachfront walks, kayaking
adventures, and island exploring. Nearby St. Armands Circle beckons with all its shopping and world-
class restaurants, like the Columbia, Café L’Europe, and Crab and Fin. The cultural epicenter of
downtown Sarasota is just over the bridge where every night holds a different experience – opera,
ballet, theater, improv, jazz, orchestra, and even circus arts. Relax. Breathe. Beach. Repeat. Room Feature: Linen Closet In Bath (Primary Bathroom).

Last Agent to Sell the Property

Rich Polese

COMPASS FLORIDA LLC License #3386761 Listed on: 01/06/2023

COMPASS FLORIDA LLC

Last Buyer's Agent

John Kinnunen

EXP REALTY, LLC License #3467788

EXP REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,897

Year Built

  • Built in 1968

Lot Details

  • Northeast Facing Home
  • Landscaped with Trees

HOA Fees

  • $1,052 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,492 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal
  • Reverse Osmosis System

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Hall

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

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

Location

  • Property is near public transit

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, recreational facilities, sewer
  • Loren Barry Association, Phone Number (941) 388-3003
  • Lido Regency Community
  • Lido Regency Subdivision
  • Association Owns Recreation Facilities
  • 13-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,897

Year Built

Built in 1968

Lot Details

0

HOA Fees

$1,052 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Sewer
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1492
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1617
  • Directions to Property: From St. Armands Circle south on Benjamin Franklin Dr, Lido Regency is on the right.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: 2 Months
  • RATIO Current Price By Calculate: 921.58
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Corner Unit,High Rise
  • MFR_CommunityAssociationWaterFeatures: Fishing,Water Access,Waterfront
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 13
  • Street Number Modifier: 1700
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Great Room
  • Living Area Meters: 138.61
  • Room Count: 8

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: In Ground
  • Exterior Features: Balcony, 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
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full,Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 203
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0137F
  • Water Frontage Feet Gulf Ocean: 203

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, Pool, Sidewalks
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Pool, Recreation Facilities, Spa/Hot Tub, Storage
  • Association Name: Loren Barry
  • Phone: 941-388-3003
  • Association: Yes
  • Security: Fire Sprinkler System, Key Card Entry
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: LIDO REGENCY
  • Condo Fees: 1052
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: lidoregencycondo@yahoo.com
  • Monthly Condo Fee Amount: 1052

Fee Information

  • Total Annual Fees: 12624.00
  • Total Monthly Fees: 1052.00

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017103001
  • Additional Parcels: No
  • Lot Features: City Limits, In County, Level, Near Public Transit, Sidewalk, Paved
  • Flood Zone Code: VE
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Lesee must follow condo rules and regulations

Tax Info

  • Tax Annual Amount: 6897.24
  • Tax Book Number: 1349-526
  • Tax Lot: 2A

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Application and approval needed from condo association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
May 22, 2023
Sold by
Erwin Donald H and Erwin Patricia A
Bought by
Nappi Jennifer A and Mcquoid Brian
Seller's Agent
Rich Polese
COMPASS FLORIDA LLC
Buyer's Agent
John Kinnunen
EXP REALTY, LLC
List Price
$1,400,000
Sold Price
$1,375,000
Premium/Discount to List
-$25,000
-1.79%
Views
81
Current Estimated Value
$1,229,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,657
Avg. Annual Appreciation
-4.49%
Original Mortgage
$1,031,250
Outstanding Balance
$996,890
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$232,453

Purchase Details

Listed on
Jul 26, 2022
Closed on
Aug 15, 2022
Sold by
Kinnan Roy D and Kinnan Linda L
Bought by
Erwin Donald H and Provenzano Patricia A
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Rob Hunt, Jr
HUNT BROTHERS REALTY, INC.
List Price
$1,500,000
Sold Price
$1,511,000
Premium/Discount to List
$11,000
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.39%

Purchase Details

Listed on
Jul 26, 2022
Closed on
Aug 12, 2022
Sold by
Kinnan Roy D and Kinnan Linda L
Bought by
Erwin Donald H and Provenzano Patricia A
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Rob Hunt, Jr
HUNT BROTHERS REALTY, INC.
List Price
$1,500,000
Sold Price
$1,511,000
Premium/Discount to List
$11,000
0.73%

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 12, 2019
Sold by
Caplan Robin E
Bought by
Kinnan Roy D and Kinnan Linda L
Seller's Agent
Kere Lewis, PA
Buyer's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.12%
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
Nappi Jennifer A $1,375,000 None Listed On Document
Erwin Donald H $1,511,000 None Listed On Document
Erwin Donald H $100 --
Kinnan Roy D $510,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nappi Jennifer A $1,031,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2023 05/23/23 Sold $1,375,000 -1.8% $922 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $1,400,000 0.0% $938 / Sq Ft
03/31/2023 03/31/23 Off Market $1,400,000 -- --
03/29/2023 03/29/23 Price Changed $1,400,000 -12.2% $938 / Sq Ft
02/28/2023 02/28/23 Price Changed $1,595,000 -3.3% $1,069 / Sq Ft
01/06/2023 01/06/23 For Sale $1,650,000 +9.2% $1,106 / Sq Ft
08/12/2022 08/12/22 Sold $1,511,000 +0.7% $1,013 / Sq Ft View Prior Sale
07/26/2022 07/26/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $1,500,000 +194.1% $1,005 / Sq Ft
07/12/2019 07/12/19 Sold $510,000 -2.9% $342 / Sq Ft View Prior Sale
06/24/2019 06/24/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $525,000 -- $352 / 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 $15,028 $1,069,700 -- $1,069,700
2023 $15,028 $999,400 $0 $999,400
2022 $8,065 $596,200 $0 $596,200
2021 $6,897 $429,300 $0 $429,300
2020 $6,621 $400,900 $0 $400,900
2019 $8,231 $503,300 $0 $503,300
2018 $7,787 $474,000 $0 $474,000
2017 $7,778 $464,640 $0 $0
2016 $7,546 $474,000 $0 $474,000
2015 $6,677 $384,000 $0 $384,000
2014 $6,725 $358,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4556432

Stellar MLS

APN: 2017-10-3001