NOT LISTED FOR SALE

Lido Regency 1700 Benjamin Franklin Dr Unit 7B Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $758,945 - $898,000

1 Bed
1.5 Baths
1,059 Sq Ft
$458/mo HOA Fee

Last Sold June 21, 2013

Last sale price $305,000 $288 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $5,480/month

86 Days on Market

Highlights

  • Waterfront Community
  • Fitness Center
  • Full Gulf or Ocean Views
  • Southside Elementary School Rated A
  • Heated Indoor Pool
  • Deck

About This Home

As of June 2013

GULF VIEW! Rare larger 1 bedroom in the perfectly situated Lido Regency on Lido Key. Right on Lido Beach, perfect for kayaking on Sarasota Bay, exploring the mangroves, boating, swimming or just playing! Own your own piece of paradise in this well maintained building that rarely has homes available. This unit is being sold TURNKEY with just a few exceptions. Live in Manager, the board is self-governed. Common area has been updated to update elevators, sprinklers,and beautiful brick pavers. Lifeguards on duty on the beach all year long. You are just a stroll away from popular St. Armands Circle where dining is at its best. Totally Repainted - new carpeting throughout. Immaculate!!

Last Agent to Sell the Property

Candi Rosenthal

FINE PROPERTIES License #3257491 Listed on: 02/06/2013

FINE PROPERTIES

Last Buyer's Agent

DOUGLAS WILSON

SANDERLING REAL ESTATE License #0694089

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,876

Year Built

  • Built in 1968

Lot Details

  • Near Conservation Area
  • Street terminates at a dead end
  • Zero Lot Line

HOA Fees

  • $458 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,059 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated Indoor Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • 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, recreational facilities, trash
  • Lido Regency Community
  • Lido Regency Subdivision
  • 14-Story Property

Recreation

Pet Policy

  • No Pets Allowed

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,876

Year Built

Built in 1968

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1059
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1134
  • Directions to Property: Ringling Blvd to Benjamin Franklin to 1700 Benjamin Franklin
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3973032&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3973032&cview=true&show_results=true&customer_portal=true
  • Floor Number: 7
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 7493
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.93846
  • Price per Sq Ft: 288.01
  • Close to Original List Price Ratio: 0.93846
  • Ratio: Current Price\Building Area Total: 268.96
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: Yes
  • Stories: 14
  • Window Features: Blinds
  • Street Number Modifier: 1700
  • Room Count: 3
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated, Indoor
  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, 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: Fitness, Pool, Waterfront Complex
  • Association Amenities: Fitness Center, Storage
  • Association: No
  • Security: Smoke Detector(s)
  • Condo Fees: 458
  • Condo Fees Term: Monthly
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 5496
  • Total Monthly Fees: 458

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017103037
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Conservation Area, FloodZone, City Lot, Near Public Transit, Sidewalk, Zero Lot Line
  • Millage Rate: 16.74
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Expected Lease Date: 2013-06-21T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 4876
  • Tax Book Number: 0013/0033
  • Tax Lot: 7-B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2013
Closed on
Jun 20, 2013
Sold by
Kuta Eugene A and Kuta Lois M
Bought by
Armstrong Bruce and Armstrong Shelly
Seller's Agent
Candi Rosenthal
FINE PROPERTIES
Buyer's Agent
DOUGLAS WILSON
SANDERLING REAL ESTATE
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$810,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,236
Avg. Annual Appreciation
8.23%
Original Mortgage
$224,405
Outstanding Balance
$156,131
Interest Rate
2.47%
Mortgage Type
New Conventional
Estimated Equity
$644,110
Source: Public Records

Range of Values:

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Average Value
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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
Armstrong Bruce $305,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Bruce $224,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $305,000 -6.2% $288 / Sq Ft
05/04/2013 05/04/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $325,000 -- $307 / 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 $7,282 $449,079 -- --
2023 $7,282 $575,800 $0 $575,800
2022 $6,283 $460,900 $0 $460,900
2021 $5,410 $337,400 $0 $337,400
2020 $5,224 $317,000 $0 $317,000
2019 $6,360 $389,400 $0 $389,400
2018 $6,256 $381,700 $0 $381,700
2017 $6,265 $376,008 $0 $0
2016 $6,014 $381,700 $0 $381,700
2015 $5,283 $304,800 $0 $304,800
2014 $5,322 $284,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3973032

Stellar MLS

APN: 2017-10-3037