NOT LISTED FOR SALE

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

Lido Key Neighborhood

Estimated Value: $833,926 - $1,010,000

2 Beds
2 Baths
1,382 Sq Ft
2.11 Acres

Last Sold March 25, 2021

Last sale price $610,000 $441 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,868/month

162 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 March 2021

Lido Beach condominium with big views of Sarasota Bay and downtown Sarasota. The beach is your backyard, the Ted Sperling Nature Park is out your front door, and Sarasota s nearby cultural amenities enhance your island lifestyle. This 1,382 square foot condominium on the 7th floor lives large with an open floor plan, stylish kitchen, two private bedroom retreats and brand new A/C. Every room has a water view and beams with the relaxed ambiance of a tropical paradise. The open great room/dining room has sliding glass doors that lead to the Florida room where you can enjoy the scenic water and city views. Both bedrooms also have nice views and feature spacious walk-in closets. A shared utility room on the floor has an assigned storage locker as well as a 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 with an active social lifestyle. Excellent location on Lido Key just one mile to shopping and dining at world-famous St. Armands Circle, and only four miles to downtown Sarasota. Life is good on the beach.

Last Agent to Sell the Property

Peter G. Laughlin

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0354182 Listed on: 09/04/2020

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Steve Nursey

MICHAEL SAUNDERS & COMPANY License #0382690

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,085

Year Built

  • Built in 1968

Lot Details

  • Northeast Facing Home
  • Fenced
  • Mature Landscaping

Property Views

  • Woods
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 1,382 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Thermal Windows
  • Shades
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Laundry in Hall

Kitchen

  • Convection Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water Access
  • Balcony
  • Enclosed Patio or Porch
  • 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
  • Electric Water Heater
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7G
  • Assessor Parcel Number 2017103042

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
  • Fishing

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,085

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, Elevated, End Unit, High Rise
  • Disaster Mitigation: Hurricane Shutters/Windows
  • Water View: Yes
  • Construction Materials: Concrete
  • Living Area: 1382.00
  • Year Built: 1968
  • Building Area Total: 1382.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4476649?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4476649?w=Customer
  • Building Search Sq Meters: 128.39
  • 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.
  • 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: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Electric Water Heater, Freezer, Microwave, Refrigerator, Water Purifier
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 7
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 13
  • Window Features: Shades, Thermal Windows
  • Living Area Meters: 128.39
  • Street Number Modifier: 1700

Exterior Features

  • Direction Faces: Northeast
  • Waterfront Feet Public Beach: 202
  • Waterfront Feet Gulf Ocean: 202
  • Water Access: Beach - Public, Gulf/Ocean
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Balcony, Fenced, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Storage
  • Roof: Concrete
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Partial
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0137F
  • Water Access: Yes
  • View: City, Park, Trees/Woods, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed
  • 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
  • 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, 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, Laundry, Lobby Key Required, Pool, Recreation Facilities, Storage
  • Association Approval Required: Yes
  • Phone: 941-388-3003
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, 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: Non-Applicable
  • Zoning: RMF4
  • Parcel Number: 2017103042
  • Lot Features: In City Limits, In County, Level/Flat, Near Public Transit, Sidewalk, Street Paved

Rental Info

  • Minimum Lease: 2 Months
  • Additional Lease Restrictions: Verify with HOA
  • Furnished: Unfurnished
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: Verify with HOA
  • Waterfront Features: Gulf/Ocean

Tax Info

  • Tax Annual Amount: 6084.73
  • Tax Book Number: 1349-526
  • Tax Lot: 7G

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Mar 25, 2021
Sold by
Heller David
Bought by
Charlton Jeffrey and Charlton Lori T
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Steve Nursey
MICHAEL SAUNDERS & COMPANY
List Price
$675,000
Sold Price
$610,000
Premium/Discount to List
-$65,000
-9.63%
Current Estimated Value
$932,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,732
Avg. Annual Appreciation
10.59%

Purchase Details

Closed on
Apr 10, 2007
Sold by
Walter Alexander and Walter Elizabeth
Bought by
Heller David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2002
Sold by
Walter Juliette
Bought by
Walter Alexander and Walter Elizabeth
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
Charlton Jeffrey $610,000 Msc Title Inc
Heller David $450,000 Attorney
Walter Alexander -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heller David $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $610,000 -4.7% $441 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
10/20/2020 10/20/20 Price Changed $640,000 -5.2% $463 / Sq Ft
09/04/2020 09/04/20 For Sale $675,000 -- $488 / 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 $9,435 $670,300 -- $670,300
2023 $9,435 $620,700 $0 $620,700
2022 $8,818 $576,200 $0 $576,200
2021 $6,577 $415,700 $0 $415,700
2020 $6,085 $368,100 $0 $368,100
2019 $6,734 $410,000 $0 $410,000
2018 $6,699 $406,600 $0 $406,600
2017 $6,762 $406,600 $0 $406,600
2016 $6,687 $406,600 $0 $406,600
2015 $6,077 $349,000 $0 $349,000
2014 $6,121 $325,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4476649

Stellar MLS

APN: 2017-10-3042