NOT LISTED FOR SALE

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

Lido Key Neighborhood

Estimated Value: $977,000 - $1,069,000

2 Beds
2 Baths
1,492 Sq Ft
$1,370/mo HOA Fee

Last Sold May 07, 2024

Last sale price $1,050,000 $704 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,549/month

114 Days on Market

Highlights

  • 203 Feet of Ocean or Gulf Waterfront
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Southside Elementary School Rated A
  • Fitness Center
  • Open Floorplan

About This Home

As of May 2024

Full-on Gulf-front residence close to everything that makes Sarasota one of the best places to live, visit and retire -- sand, sea, sunsets, nightlife, shopping and dining. Wide open Gulf views from every room, including a Florida room with wrap-around, wall-to-wall windows. The sunsets are spectacular! At 1,692 total sq. ft., this residence lives large with two bedrooms, two full baths, Florida room and an open kitchen/great room/dining living area. A shared utility room on the floor has an assigned storage locker, as well as washer and dryer. The first-floor community space features floor-to-ceiling Gulf-view windows in the lobby, well-equipped fitness center, and social room with catering kitchen. Lido Regency is a fully-funded condominium with an active social lifestyle. First-floor amenities also include shower/changing rooms, outdoor grills and kayak/paddleboard storage. The beach-side pool area features a heated pool/spa. Wonderfully located between the Gulf of Mexico and Sarasota Bay, Lido Regency claims a prime piece of beachfront on south Lido Key where coastal living is on island time. The beach is your backyard. The mangrove tunnels at Ted Sperling Park are out your front door. It’s just one mile to the shops and restaurants of St. Armands Circle, and only four miles over the Ringling Bridge to downtown Sarasota for more shops and restaurants, plus art galleries, farmers market and performing arts. Free Bay Runner trolley from south Lido to St. Armands and downtown. Your best beach life starts right here. You can literally roll out of bed and step out onto the powdery white sands of Lido Beach. “Life is a Beach” is the real deal when you live in this coastal condo on Lido Key in Sarasota, Florida.

Last Agent to Sell the Property

Nancy Endara

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3240423 Listed on: 12/19/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Doug Parks

MICHAEL SAUNDERS & COMPANY License #3105565

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,388

Year Built

  • Built in 1968

Lot Details

  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $1,370 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 2nd floor
  • Pillar, Post or Pier Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,492 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Laundry in Hall

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Enclosed Patio or Porch
  • Exterior Lighting
  • 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
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, insurance, ground maintenance, management, recreational facilities, security, sewer, trash, water
  • Loren Barry/Lido Regency Association, Phone Number (941) 388-3003
  • Lido Regency Community
  • Lido Regency Subdivision
  • Association Owns Recreation Facilities
  • 13-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,388

Year Built

Built in 1968

Lot Details

0

HOA Fees

$1,370 per month

Listing Details

  • HOA Fee Includes: Pool, Insurance, Maintenance Grounds, Management, Recreational Facilities, Security, Sewer, Trash, Water
  • 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: Ringling Causeway around St. Armands Circle to Lido Key. Follow Benjamin Franklin to Lido Regency (1700 is beach side just south of Sandcastle Resort). Guest parking is by the road.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 2 Months
  • RATIO Current Price By Calculate: 703.75
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Corner Unit,High Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access,Waterfront
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 13
  • Street Number Modifier: 1700
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 138.61
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Storage
  • Roof: Concrete
  • Pool Private: No
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Porch
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • 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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Fitness Center, Pool, Sidewalks
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Pool, Recreation Facilities, Spa/Hot Tub
  • Association Name: Loren Barry/Lido Regency
  • Phone: 941-388-3003
  • Association: No
  • Security: Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Building Name Number: LIDO REGENCY
  • Condo Fees: 1370
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: lidoregencycondo@yahoo.com
  • Monthly Condo Fee Amount: 1370

Fee Information

  • Total Annual Fees: 16440.00
  • Total Monthly Fees: 1370.00

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017103004
  • Additional Parcels: No
  • Lot Features: City Limits, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Must follow condo association rules/regs

Tax Info

  • Tax Annual Amount: 9388.29
  • Tax Book Number: 1349-526
  • Tax Lot: 2D

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: The association must receive written lease and $100 application fee.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2023
Closed on
May 7, 2024
Sold by
Margaret M Craig Trust and Scott Susan
Bought by
Bekey Lisa Ann
Seller's Agent
Nancy Endara
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Views
62
Current Estimated Value
$1,029,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,826
Avg. Annual Appreciation
-1.34%

Purchase Details

Closed on
Jan 30, 2015
Sold by
Craig Margaret M
Bought by
Craig Margaret M and Scott Susan

Purchase Details

Closed on
Mar 12, 1997
Sold by
Orsman Robert J and Orsman Jean E
Bought by
Craig John and Craig Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.69%
Source: Public Records

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 Buyer Sale Price Title Company
Bekey Lisa Ann $1,050,000 None Listed On Document
Craig Margaret M -- Attorney
Craig John $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Craig John $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $1,050,000 -4.5% $704 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/29/2024 03/29/24 Price Changed $1,100,000 -8.3% $737 / Sq Ft
12/19/2023 12/19/23 For Sale $1,200,000 -- $804 / 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 $9,388 $571,398 -- --
2023 $9,388 $750,200 $0 $750,200
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: A4592817

Stellar MLS

APN: 2017-10-3004