NOT LISTED FOR SALE

Lido Regency 1700 Benjamin Franklin Dr Unit 3B Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $617,000 - $873,000

1 Bed
1.5 Baths
1,059 Sq Ft
$637/mo HOA Fee

Last Sold August 29, 2019

Last sale price $395,000 $373 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,082/month

13 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Beach View
  • Private Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of August 2019

DIRECT BEACHFRONT CONDO with unobstructed 180 degrees of Gulf/Beach views. One bedroom, one and a half bath unit ready for you to make your own. Enjoy the beach front balcony and fall asleep listing to the waves crash onto the beach outside your window. The beach side pool and lobby were recently updated. Lido Regency offers a well equipped fitness center with floor to ceiling windows to enjoy the views of the beach and Gulf while you work out. As a resident, you have an ample storage unit, kayak storage, access to a nicely appointed party room, and community grills. Convenient location close to St. Armands Circle, Downtown Sarasota, shopping, restaurants & more.

Last Agent to Sell the Property

Janice Melzer Langa

COLDWELL BANKER REALTY License #3258850 Listed on: 07/04/2019

COLDWELL BANKER REALTY

Co-Listed By

Scott Langa

COLDWELL BANKER REALTY License #3258620

COLDWELL BANKER REALTY

Last Buyer's Agent

Scott Langa

COLDWELL BANKER REALTY License #3258620

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,895

Year Built

  • Built in 1968

Lot Details

  • Private Beach
  • Public Beach
  • East Facing Home

HOA Fees

  • $637 Monthly HOA Fees

Property Views

Home Design

  • Turnkey
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,059 Sq Ft Home
  • Window Treatments

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Outdoor Storage

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, 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
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 13-Story Property

Amenities

  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,895

Year Built

Built in 1968

Lot Details

0

HOA Fees

$637 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1059
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1134
  • Directions to Property: From St Armands, take Benjamin Franklin Blv to Lido Regency. Guest parking in lot is near Benjamin Franklin.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4440352?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4440352?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Subdivision Num: 7439
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 0.95181
  • Price per Sq Ft: 372.99
  • Close to Original List Price Ratio: 0.95181
  • Ratio: Current Price\Building Area Total: 348.32
  • View: Yes
  • Co List Office Mls Id: 281502055
  • Co List Office Phone: 941-388-3966
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Thermostat, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 13
  • Street Number Modifier: 1700
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Storage
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Access Deeded, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0137F
  • Waterfront Frontage: 400
  • Water Frontage Feet Beach Pub: 200
  • Water Frontage Feet Beach Prvt: 200
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Pool, Water Access, Waterfront
  • Association Amenities: Elevator(s), Fitness Center
  • Association Fee: 637
  • Association Fee Frequency: Monthly
  • Association Name: Abby
  • Phone: (941) 388-3003
  • Association: Yes
  • Security: Fire Sprinkler System, Key Card Entry
  • Senior Community: No
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7644
  • Monthly HOA Fee: 637
  • Total Monthly Fees: 637

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017103009
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 2 Months
  • Approval Process: First time renters have to receive an orientation on building.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Office must receive written lease in advance.

Tax Info

  • Tax Annual Amount: 5895
  • Tax Book Number: 1349-526
  • Tax Lot: 3B

Multi Family

  • Waterfront Features: Beach - Private, Beach - Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2019
Closed on
Aug 29, 2019
Sold by
Mennella Susan M and Mennella Horace
Bought by
Kearney Eric Paul and Wright Tracey
Seller's Agent
Janice Melzer Langa
COLDWELL BANKER REALTY
Buyer's Agent
Scott Langa
COLDWELL BANKER REALTY
List Price
$415,000
Sold Price
$395,000
Premium/Discount to List
-$20,000
-4.82%
Current Estimated Value
$725,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,204
Avg. Annual Appreciation
10.40%
Original Mortgage
$197,500
Outstanding Balance
$170,308
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$554,896

Purchase Details

Closed on
Jul 16, 2016
Sold by
Mennella Horace and Mennella Susan
Bought by
Mennella Susan M and Horace And Susan Mennella Trust

Purchase Details

Closed on
Jul 1, 2016
Bought by
Horace And Susan Mennella Trus

Purchase Details

Closed on
Jan 26, 2001
Sold by
Alvadyan Raffi G and Alvadyan Anahid Z
Bought by
Mennella Horace and Mennella Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.44%
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
Kearney Eric Paul $395,000 Attorney
Mennella Susan M -- None Available
Horace And Susan Mennella Trus $100 --
Mennella Horace $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kearney Eric Paul $197,500
Previous Owner Mennella Horace $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2019 08/29/19 Sold $395,000 -4.8% $373 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $415,000 -- $392 / 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 $7,697 $422,859 -- --
2023 $6,856 $541,800 $0 $541,800
2022 $5,915 $433,600 $0 $433,600
2021 $5,094 $317,700 $0 $317,700
2020 $4,918 $298,400 $0 $298,400
2019 $5,989 $366,600 $0 $366,600
2018 $5,895 $359,600 $0 $359,600
2017 $5,894 $353,199 $0 $0
2016 $5,723 $359,600 $0 $359,600
2015 $5,067 $291,900 $0 $291,900
2014 $5,104 $272,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janice Melzer Langa

    Seller's Agent in 2019

    Janice Melzer Langa

    COLDWELL BANKER REALTY

    (941) 404-0802

    1 in this area

    65 Total Sales

    Janice Melzer Langa
    Section Image
  • Scott Langa

    Seller Co-Listing Agent in 2019

    Scott Langa

    COLDWELL BANKER REALTY

    (941) 404-0835

    1 in this area

    68 Total Sales

    Scott Langa
    Section Image
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About Lido Regency

Map

Source: Stellar MLS

MLS Number: A4440352

Stellar MLS

APN: 2017-10-3009

Florida Sarasota County Sarasota 34236 Lido Key

1700 Benjamin Franklin Dr Unit 3B, Sarasota, FL

This home is located at 1700 Benjamin Franklin Dr Unit 3B, Sarasota, FL 34236 since 04 July 2019 and is currently estimated at $725,204, approximately $684 per square foot. This property was built in 1968. 1700 Benjamin Franklin Dr Unit 3B 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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