NOT LISTED FOR SALE

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

Lido Key Neighborhood

Estimated Value: $1,048,307 - $1,189,000

2 Beds
2 Baths
1,507 Sq Ft
2.11 Acres

Last Sold February 22, 2021

Last sale price $725,000 $481 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,537/month

5 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Water Access
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Fishing

About This Home

As of February 2021

7th-floor condominium on Lido Beach with year-round sunrise and sunset views, plus views of Lido Beach, Sarasota Bay and downtown Sarasota. Nestled between the Gulf of Mexico and Sarasota Bay, Lido Regency is the perfect place to enjoy every minute of every day in Sarasota. The white sands and turquoise waters of Lido Beach are just two flights down. Lively shopping, dining and nightlife at St. Armands Circle are just one mile down the road. This rarely available corner unit in Lido Regency has a contemporary, open floor plan and is being sold furnished. Move right in. It has two bedrooms, two baths, a great room, kitchen and dining room. The kitchen and baths were completely remodeled in 2020. The living areas take advantage of the Gulf and city views and are completely separate from the private bedrooms. Luxury features include luxury wood-grain vinyl plank floor, solid-wood cabinetry, stone countertops and newly remodeled kitchen and baths. All windows are tinted with high-quality 3M film and are protected with automated hurricane shutters. A shared utility room on the floor has an assigned storage locker, as well as a washer and dryer. The first-floor community space 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 with an active social lifestyle. The beach life, resort life and city life unite here. On one side you have a private, gated pool by the beach. On the other, it’s just one mile to the shops and restaurants of St. Armands Circle and only four miles over the Ringling Bridge to downtown Sarasota for more shops and restaurants, plus art galleries, farmer's market and performing arts. Life is good on the beach.

Last Listed By

Nancy Endara

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3240423 Listed on: 01/25/2021

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,579

Year Built

  • Built in 1968

Lot Details

  • Northeast Facing Home
  • Fenced
  • Mature Landscaping

Property Views

  • Park or Greenbelt

Home Design

  • Custom Home
  • Concrete Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 1,507 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Shades
  • Great Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Vinyl Flooring
  • Laundry in Hall

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Pool Lighting

Outdoor Features

  • Water Access
  • Enclosed patio or porch
  • 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

  • Tax Lot 7E
  • Assessor Parcel Number 2017103040

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance exterior, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Association Phone (941) 388-3003
  • Lido Regency Community
  • Lido Regency Subdivision
  • Association Approval Required
  • Association Owns Recreation Facilities
  • 13-Story Property

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Community Spa
  • Fishing

Security

  • Card or Code Access
  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,579

Year Built

Built in 1968

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Property Description: Corner Unit, End Unit, High Rise
  • Water View: Yes
  • Construction Materials: Concrete
  • Living Area: 1507.00
  • Homestead: Yes
  • Lot Size Acres: 2.11
  • Year Built: 1968
  • Building Area Total: 1507.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4489069?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4489069?w=Customer
  • Lot Size Sq Ft: 92024
  • Building Search Sq Meters: 140.00
  • Directions to Property: Ringling Causeway around St. Armands Circle to Lido Key. Follow Benjamin Franklin Drive to Lido Regency (1700 is beach side just south of Sandcastle Resort). Guest parking is by the road.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Additional Rooms: Florida Room, Great Room
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Floor Number: 7
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 13
  • Window Features: Shades
  • Living Area Meters: 140.00
  • Street Number Modifier: 1700

Exterior Features

  • Direction Faces: Northeast
  • Waterfront Feet Gulf Ocean: 404
  • Water Access: Beach - Public, Gulf/Ocean
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Fenced, Hurricane Shutters, Outdoor Grill, Sidewalk
  • Roof: Concrete
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Partial
  • Flood Zone Code: VE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0137F
  • Water Access: Yes
  • View: City, Park, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch
  • Road Surface Type: Asphalt

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Lido Regency
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fishing, Fitness, Gated Community, Pool, Sidewalk, Water Access, Waterfront
  • Building Name Number: LIDO REGENCY
  • Condo Fees: 905
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 905
  • Association Amenities: Cable, Elevators, Fitness Center, Gated, Laundry, Lobby Key Required, Pool, Recreation Facilities, Spa/Hot Tub, Storage
  • Association Approval Required: Yes
  • Phone: 941-388-3003
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Key Card Entry, Smoke Detector(s)
  • Association Email: lidoregencycondo@yahoo.com
  • Complex Community Name Nccb: LIDO REGENCY

Fee Information

  • Waterfront Frontage: 404
  • Total Annual Fees: 10860.00
  • Total Monthly Fees: 905.00

Schools

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

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 2 to less than 5
  • Zoning: RMF4
  • Parcel Number: 2017103040
  • Lot Features: In City Limits, In County, Level/Flat, Near Public Transit, Sidewalk, Street Paved
  • Lot Dimensions: 202x459x203x458
  • Lot Size Square Meters: 8549

Rental Info

  • Minimum Lease: 2 Months
  • Additional Lease Restrictions: Verify with condo association.
  • Furnished: Furnished
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: Verify with condo association.
  • Waterfront Features: Gulf/Ocean

Tax Info

  • Tax Annual Amount: 2579.43
  • Tax Book Number: 1349-526
  • Tax Lot: 7E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Feb 22, 2021
Sold by
Kirker John A and Kirker Joan C
Bought by
Hensley Marilyn and Hensley Charles
Seller's Agent
Nancy Endara
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Ian McPherson
COLDWELL BANKER REALTY
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Total Days on Market
5
Current Estimated Value
$1,131,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,827
Avg. Annual Appreciation
11.16%

Purchase Details

Closed on
Jan 7, 2020
Sold by
Kirker John A and Kirker Joan C
Bought by
Kirker John A and Kirker Joan C

Purchase Details

Closed on
Feb 5, 2019
Sold by
Kirker John A and Kirker Joan C
Bought by
Kirker John A and Kirker Kathleen

Purchase Details

Closed on
Apr 17, 1996
Sold by
Rosenfeld Shirley Woo and Rosenfeld Linda Olswang
Bought by
Kirker John A and Kirker Joan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.36%

Range of Values:

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Average Value
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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
Hensley Marilyn $725,000 Mti Title Insurance Agcy Inc
Kirker John A -- Attorney
Kirker John A -- Attorney
Kirker John A $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirker John A $25,000
Previous Owner Kirker John A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $725,000 -3.3% $481 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $750,000 -- $498 / 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 $3,140 $848,400 -- $848,400
2023 $12,035 $797,300 $0 $797,300
2022 $4,774 $731,300 $0 $731,300
2021 $2,560 $189,729 $0 $0
2020 $2,579 $187,109 $0 $0
2019 $2,503 $182,902 $0 $0
2018 $0 $179,492 $0 $0
2017 $2,421 $175,800 $0 $0
2016 $2,417 $406,600 $0 $406,600
2015 $2,451 $349,000 $0 $349,000
2014 $2,444 $167,123 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Endara

    Seller's Agent in 2021

    Nancy Endara

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 323-1700

    11 in this area

    31 Total Sales

    Nancy Endara
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  • Peter G. Laughlin

    Seller Co-Listing Agent in 2021

    Peter G. Laughlin

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 356-8428

    17 in this area

    195 Total Sales

    Peter G. Laughlin
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  • Ian McPherson

    Buyer's Agent in 2021

    Ian McPherson

    COLDWELL BANKER REALTY

    (941) 320-0999

    4 in this area

    89 Total Sales

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About Lido Regency

Map

Source: Stellar MLS

MLS Number: A4489069

Stellar MLS

APN: 2017-10-3040

Florida Sarasota County Sarasota 34236 Lido Key

1700 Benjamin Franklin Dr Unit 7E, Sarasota, FL

Homes for Sale in Sarasota, FL

This home is located at 1700 Benjamin Franklin Dr Unit 7E, Sarasota, FL 34236 since 25 January 2021 and is currently estimated at $1,131,827, approximately $751 per square foot. This property was built in 1968. 1700 Benjamin Franklin Dr Unit 7E 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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