NOT LISTED FOR SALE

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

Lido Key Neighborhood

Estimated Value: $506,897 - $754,000

1 Bed
1.5 Baths
981 Sq Ft
$621/mo HOA Fee

Last Sold October 20, 2020

Last sale price $354,500 $361 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,555/month

112 Days on Market

Highlights

  • 202 Feet of 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 October 2020

Gulf-front condominium close to everything that makes Sarasota one of the best places to live, visit, and retire - sand, sea, sunsets, nightlife, shopping, and dining. Enjoy your Sarasota lifestyle in a resort environment with a beachside pool and direct access to the white sand beach. This Lido Beach condominium was completely remodeled in 2014 with high-end upgrades including A/C, water heater, electric, plumbing, PGT impact windows, Jenn Air floating glass appliances, copper sinks, solid-wood cabinetry, granite countertops, and matching hardware, fixtures and switch plates in oil-rubbed bronze. Feature sheet available with room by room details. At 981 sq. ft., this residence lives large with an open living/kitchen/dining area. The bedroom suite has a spacious en-suite bath and walk-in closet. Nice-to-have features include a large walk-in storage closet and powder room. A shared utility room on the floor has an assigned storage locker, as well as washer and dryer. The first-floor community space was recently remodeled and 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 newly-resurfaced heated pool/spa, along with all-new pool furniture. Lido Regency is a fully-funded condominium association with an active social lifestyle. Excellent location on Lido Key just one mile to world-famous St. Armands Circle, and only four miles to Downtown Sarasota.

Last Agent to Sell the Property

Peter G. Laughlin

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0354182 Listed on: 05/21/2020

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Echo Belser

COLDWELL BANKER REALTY License #3237721

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $154

Year Built

  • Built in 1968

Lot Details

  • Public Beach
  • Northeast Facing Home
  • Fenced
  • Mature Landscaping

HOA Fees

  • $621 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 981 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Shutters
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Hall

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

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

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • 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
  • Thermostat
  • 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
  • Abby 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
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$154

Year Built

Built in 1968

Lot Details

0

HOA Fees

$621 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: 981
  • Lot Size Acres: 2.11
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 981
  • Lot Size Sq Ft: 92024
  • Directions to Property: St. Armands Circle to Lido Beach. Continue on Benjamin Franklin Drive. First right after The Sancastle Resort
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4467697?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4467697?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.98747
  • Price per Sq Ft: 361.37
  • Close to Original List Price Ratio: 0.9607
  • Ratio: Current Price\Building Area Total: 361.37
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 13
  • Window Features: Shutters
  • Street Number Modifier: 1700
  • Room Count: 5
  • Additional Rooms: 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
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Beach - Access Deeded, Beach - Public, Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 202
  • Water Frontage Feet Gulf Ocean: 202
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • 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
  • 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: Abby
  • Phone: 941-388-3003
  • Association: Yes
  • Security: Fire Sprinkler System, Key Card Entry
  • Senior Community: No
  • Condo Fees: 621
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 621
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7452
  • Total Monthly Fees: 621

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017103006
  • Additional Parcels: No
  • Lot Features: City Lot, In County, Level, Near Public Transit, Sidewalk
  • Flood Zone Code: VE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 154.46
  • Tax Book Number: 1349-526
  • Tax Lot: 2F

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Oct 20, 2020
Sold by
Watts John T
Bought by
Lutz Larry
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Echo Belser
COLDWELL BANKER REALTY
List Price
$369,000
Sold Price
$354,500
Premium/Discount to List
-$14,500
-3.93%
Current Estimated Value
$627,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,378
Avg. Annual Appreciation
12.57%
Original Mortgage
$265,875
Outstanding Balance
$239,274
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$385,670

Purchase Details

Listed on
Mar 10, 2017
Closed on
Apr 25, 2017
Sold by
Nickols Samuel L
Bought by
Watts John T
Seller's Agent
Kris Higgerson
COLDWELL BANKER REALTY
Buyer's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$358,000
Sold Price
$340,000
Premium/Discount to List
-$18,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$272,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2013
Sold by
Rivero David and Thoen Rivero Emely
Bought by
Nickols Samuel L

Purchase Details

Closed on
Apr 10, 2006
Sold by
Wick Judith E
Bought by
Rivero David and Thoen Rivero Emely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,600
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
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
Lutz Larry $354,500 Attorney
Watts John T $340,000 None Available
Nickols Samuel L $228,000 Integrity Title Services Inc
Rivero David $327,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Larry $265,875
Previous Owner Watts John T $272,000
Previous Owner Rivero David $238,000
Previous Owner Rivero David $261,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $354,500 -1.3% $361 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $359,000 -2.7% $366 / Sq Ft
05/21/2020 05/21/20 For Sale $369,000 +8.5% $376 / Sq Ft
08/17/2018 08/17/18 Off Market $340,000 -- --
04/25/2017 04/25/17 Sold $340,000 -5.0% $347 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $358,000 -- $365 / 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 $5,595 $393,311 -- --
2023 $5,595 $376,900 $0 $376,900
2022 $5,443 $393,100 $0 $393,100
2021 $4,743 $295,500 $0 $295,500
2020 $157 $282,292 $0 $0
2019 $154 $275,945 $0 $0
2018 $153 $270,800 $0 $270,800
2017 $4,514 $270,800 $0 $270,800
2016 $4,427 $270,800 $0 $270,800
2015 $3,993 $228,600 $0 $228,600
2014 $4,022 $213,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter G. Laughlin

    Seller's Agent in 2020

    Peter G. Laughlin

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 356-8428

    16 in this area

    186 Total Sales

    Section Image
  • Echo Belser

    Buyer's Agent in 2020

    Echo Belser

    COLDWELL BANKER REALTY

    (941) 720-4961

    1 in this area

    200 Total Sales

    Section Image
  • Kris Higgerson

    Seller's Agent in 2017

    Kris Higgerson

    COLDWELL BANKER REALTY

    (941) 822-0089

    2 Total Sales

    Section Image
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About Lido Regency

Map

Source: Stellar MLS

MLS Number: A4467697

Stellar MLS

APN: 2017-10-3006

Florida Sarasota County Sarasota 34236 Lido Key

1700 Benjamin Franklin Dr Unit 2F, Sarasota, FL

This home is located at 1700 Benjamin Franklin Dr Unit 2F, Sarasota, FL 34236 since 21 May 2020 and is currently estimated at $619,724, approximately $631 per square foot. This property was built in 1968. 1700 Benjamin Franklin Dr Unit 2F is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

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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