NOT LISTED FOR SALE

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

Lido Key Neighborhood

Estimated Value: $894,000 - $1,091,000

2 Beds
2 Baths
1,382 Sq Ft
$619/mo HOA Fee

Last Sold September 30, 2014

Last sale price $428,000 $310 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $6,652/month

311 Days on Market

Highlights

  • Beach View
  • Property fronts gulf or ocean
  • Heated Pool
  • Southside Elementary School Rated A
  • Public Beach
  • End Unit

About This Home

As of September 2014

Lovely 2 Bedroom, 2 Bath, Turnkey Furnished Condo with Beautiful Views of Lido Beach and the Gulf of Mexico. Located on the 2nd Floor, Corner Unit in a Popular Gulf-Front Building, Lido Regency. Condo has been updated with a newer kitchen with Maple White Mist Solid Wood Cabinets and Bisque Corian. Renovated Baths. A glass enclosed lanai to make it a bonus room to use for office space or extra sleeping area. The building's hallways and lobby have been newly renovated and are beautiful. The building was just painted. Covered Parking Space is #41.The Lido Regency is a Secure Building and has an on-site manager. Amenities include a Gulf-front heated swimming pool and tropical landscaped patio that leads directly onto the white sandy beach. There is a multipurpose room with private kitchen and an exercise room/library that also overlooks the beach and the Gulf of Mexico. Nearby is the South Lido Park which wraps around from the Gulf to Sarasota Bay with many amenities. Opposite the condo is a bird sanctuary and a nature walk plus a water area that leads into the Bay to enjoy kayacking. Enjoy shopping and the many restaurants nearby at trendy St Armands Circle. Downtown Sarasota is nearby to enjoy the all the cultural events, art galleries and restaurants.

Last Agent to Sell the Property

Barbara Miller, Pa

COLDWELL BANKER REALTY License #0524375 Listed on: 10/07/2013

COLDWELL BANKER REALTY

Last Buyer's Agent

Laura Guess-Fox

COLDWELL BANKER REALTY License #3181704

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,457

Year Built

  • Built in 1968

Lot Details

  • Public Beach
  • End Unit
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $619 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,382 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities, security, sewer, trash, water
  • Lido Regency Community
  • Lido Regency Subdivision
  • 13-Story Property

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,457

Year Built

Built in 1968

Lot Details

0

HOA Fees

$619 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1382
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1507
  • Directions to Property: Ben Franklin Drive from St Armands Circle South to Lido Regency.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985612&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985612&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: Yes
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7493
  • Property Description: Corner Unit
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.85858
  • Price per Sq Ft: 309.7
  • Close to Original List Price Ratio: 0.79333
  • Ratio: Current Price\Building Area Total: 284.01
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 13
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1700
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated
  • Exterior Features: Lighting, Storage
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Partial
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 619
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 619
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 7428
  • Total Monthly Fees: 619

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017103005
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Sidewalk
  • Millage Rate: 16.74
  • Future Land Use: 0405
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 2 Months
  • Num Timesper Year: 2

Tax Info

  • Tax Annual Amount: 4457
  • Tax Book Number: 0013/0033

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2013
Closed on
Sep 29, 2014
Sold by
Garrett Charles E and Garrett Mary Lou
Bought by
Morad Rick
Seller's Agent
Barbara Miller, Pa
COLDWELL BANKER REALTY
Buyer's Agent
Laura Guess-Fox
COLDWELL BANKER REALTY
List Price
$539,500
Sold Price
$428,000
Premium/Discount to List
-$111,500
-20.67%
Current Estimated Value
$1,000,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,440
Avg. Annual Appreciation
8.13%
Original Mortgage
$240,000
Outstanding Balance
$184,860
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$819,571
Source: Public Records

Range of Values:

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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
Morad Rick $428,000 Alliance Group Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morad Rick $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $428,000 -14.1% $310 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
05/01/2014 05/01/14 Price Changed $498,500 -4.1% $361 / Sq Ft
01/22/2014 01/22/14 Price Changed $520,000 -3.6% $376 / Sq Ft
10/07/2013 10/07/13 For Sale $539,500 -- $390 / 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 $6,987 $480,624 -- --
2023 $6,987 $478,600 $0 $478,600
2022 $6,800 $499,700 $0 $499,700
2021 $5,825 $361,100 $0 $361,100
2020 $5,594 $337,300 $0 $337,300
2019 $6,114 $371,000 $0 $371,000
2018 $6,233 $377,400 $0 $377,400
2017 $6,292 $377,400 $0 $377,400
2016 $6,194 $377,400 $0 $377,400
2015 $5,537 $316,800 $0 $316,800
2014 $4,470 $285,402 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3985612

Stellar MLS

APN: 2017-10-3005