$800,000
SOLD SEP 10, 2024

Lido Regency 1700 Benjamin Franklin Dr Unit 6C Sarasota, FL 34236

Lido Key Neighborhood
1 Bed
1.5 Baths
1,059 Sq Ft
$972/mo HOA Fee

Recently Sold

$755 Per Sq Ft

29% Below List Price

162 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
  • 2.12 Acre Lot

About This Home

As of September 2024

Enjoy life on the beach in this 6th-floor, fully furnished, direct Gulf-front condominium on Lido Beach. Prime location with wide-open views of of the Gulf of Mexico and spectacular sunsets. This one-bedroom residence has 1,059 square feet and features an open floorplan, one-and-a-half baths and lots of storage. The well-organized kitchen is genius! It has solid-wood cabinetry with built-in organizers, quartz countertops, stainless steel appliances and tray ceiling with cove lighting. The bedroom suite has large windows with full Gulf view, two walk-in closets, two storage closets, and a private en-suite bath with linen closet. The great room features a Murphy bed for overnight guests. The first-floor community space features Gulf-facing, floor-to-ceiling windows in the lobby, fitness gym and social room. First-floor amenities include shower/changing rooms, outdoor grills and kayak/paddleboard storage. The beachside pool area features a heated pool/spa and direct access to the beach. Excellent location across from South Lido Park nature preserve, one mile to world-famous St. Armands Circle and only four miles to Downtown Sarasota. Ride the complimentary Bay Runner Trolley to-and-from St. Armands Circle and Downtown Sarasota. Life is better on the beach! This residence is being sold fully furnished.

Last Agent to Sell the Property

Nancy Endara

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3240423 Listed on: 02/19/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Peter Mason

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3546485

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,371

Year Built

  • Built in 1968

Lot Details

  • East Facing Home

HOA Fees

  • $972 Monthly HOA Fees

Property Views

Home Design

  • Pillar, Post or Pier Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,059 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Bar Fridge
  • Tray Ceiling
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Laundry in Hall

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near public transit

Schools

  • Phillippi Shores Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,371

Year Built

Built in 1968

Lot Details

0

HOA Fees

$972 per month

Listing Details

  • HOA Fee Includes: Pool, Insurance, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1059
  • Lot Size Acres: 2.12
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1134
  • Lot Size Sq Ft: 92181
  • 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: 6
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 2 Months
  • RATIO Current Price By Calculate: 755.43
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: High Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Fishing,Gulf/Ocean Front,Water Access,Waterfront
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 13
  • Street Number Modifier: 1700
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room
  • Living Area Meters: 98.38
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sidewalk
  • Roof: Concrete
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • 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
  • Parking Features: Covered, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: 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, Maintenance, Pool, Recreation Facilities, Security, Storage
  • 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: 972
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: lidoregencycondo@yahoo.com
  • Monthly Condo Fee Amount: 972

Fee Information

  • Total Annual Fees: 11664.00
  • Total Monthly Fees: 972.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017103031
  • Additional Parcels: No
  • Lot Features: City Limits, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 8564

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Must follow association rules and regulations.

Tax Info

  • Tax Annual Amount: 5371.27
  • Tax Book Number: 1349-526
  • Tax Lot: 6C

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
Feb 19, 2024
Closed on
Sep 10, 2024
Sold by
Zavolta Michael P and Zavolta Revocable Trust
Bought by
Connelly John J and Connelly Nicole H
Seller's Agent
Nancy Endara
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Peter Mason
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,125,000
Sold Price
$800,000
Premium/Discount to List
-$325,000
-28.89%
Views
44
Current Estimated Value
$775,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,091
Avg. Annual Appreciation
-4.01%

Purchase Details

Closed on
Mar 29, 2021
Sold by
Zavolta Michael P and Zavolta Jill A
Bought by
Zavolta Michael P and Zavolta Jill A

Purchase Details

Listed on
Aug 21, 2019
Closed on
Sep 23, 2019
Sold by
Imperiale Mark
Bought by
Zavolta Michael P and Zavolta Jill A
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$456,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2013
Sold by
Reisman Stanley and Reisman Joan
Bought by
Imperiale Mark

Purchase Details

Closed on
Jan 16, 1998
Sold by
Sherr Linda B
Bought by
Reisman Stanley and Reisman Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.19%

Purchase Details

Closed on
May 24, 1994
Sold by
Pelose John and Pelose Lillian
Bought by
Sherr Linda B
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $800,000 None Listed On Document
Interfamily Deed Transfer -- Accommodation
Warranty Deed $550,000 Attorney
Warranty Deed $320,000 Attorney
Warranty Deed $140,000 --
Warranty Deed $11,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $456,000 New Conventional
Previous Owner $62,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $800,000 -10.6% $755 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/04/2024 07/04/24 Price Changed $895,000 -5.8% $845 / Sq Ft
06/07/2024 06/07/24 Price Changed $950,000 -2.6% $897 / Sq Ft
05/17/2024 05/17/24 Price Changed $975,000 -2.0% $921 / Sq Ft
03/29/2024 03/29/24 Price Changed $995,000 -2.9% $940 / Sq Ft
03/11/2024 03/11/24 Price Changed $1,025,000 -8.9% $968 / Sq Ft
02/19/2024 02/19/24 For Sale $1,125,000 +134.4% $1,062 / Sq Ft
09/23/2019 09/23/19 Sold $480,000 -1.0% $453 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $485,000 -- $458 / 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 $5,371 $400,816 -- --
2023 $5,371 $389,142 $0 $0
2022 $5,222 $377,808 $0 $0
2021 $5,051 $354,085 $0 $0
2020 $5,105 $349,196 $0 $0
2019 $6,242 $382,500 $0 $382,500
2018 $6,156 $376,000 $0 $376,000
2017 $6,116 $364,936 $0 $0
2016 $5,940 $376,000 $0 $376,000
2015 $5,230 $301,600 $0 $301,600
2014 $5,268 $281,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4597074

Stellar MLS

APN: 2017-10-3031