$1,250,000
SOLD JAN 23, 2024

Key Tower South 1750 Benjamin Franklin Dr Unit 10F Sarasota, FL 34236

Lido Key Neighborhood
2 Beds
2 Baths
2,035 Sq Ft
$1,355/mo HOA Fee

Recently Sold

$614 Per Sq Ft

3% Below List Price

2 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Fitness Center
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • 1.72 Acre Lot

About This Home

As of January 2024

Welcome to your LUXURIOUS BEACHFRONT RETREAT ON LIDO KEY, where paradise meets sophistication. This exceptional 2-bedroom, 2-bathroom condominium, plus bonus room boasting an expansive 2,035 square feet, is one of the largest units in the building. Nestled within the beauty of Sarasota, Florida, this condo offers not only a stunning residence, but also a lifestyle that embraces the serene beauty of Lido Key Beach. As you step inside, you are greeted by a welcoming foyer that sets the tone for the spacious open floor plan that follows. The living, dining, and kitchen areas seamlessly flow together, creating an inviting atmosphere to entertain and relax. The living space is adorned with an open wall of windows, providing breathtaking 180-degree views of Sarasota Bay, the Downtown skyline, and the tranquil Sperling Nature Preserve. Custom lighting and surround sound enhance the ambiance, creating a perfect setting for both everyday living and hosting guests. The dining space is graced by a custom Murano crystal chandelier and recessed LED lighting, adding a touch of elegance to your dining experience. The chef's kitchen is a culinary delight, equipped with top-of-the-line appliances, granite countertops, a breakfast bar, a window bench seat, and newly painted solid wood cabinetry. A separate wet bar and ice maker with filtered water, along with Subzero wine storage and refrigeration, ensures that every culinary need is met. The primary suite is a private oasis, featuring a wall of windows, an enclosed lanai, his and hers closets, and an ensuite bath with dual vanities, granite countertops, and a step-in shower. The generously sized second bedroom and additional bonus room provide flexibility for various needs, whether it be a guest room, office, or hobby space. Updates throughout, including new paint and crown molding, add a touch of modern sophistication to this already exquisite residence. All windows are High Impact glass, providing security and peace of mind. A new roof in 2023 and a forthcoming structural integrity report in January 2024, along with a revamped ground floor and updated amenities, ensure the longevity and value of this prime property. Beyond the walls of your new home, indulge in the exceptional amenities offered by this 13-floor condominium tower with 87 residences. Secure entry, on-site management, a Gulf-side heated pool with a sun deck, direct beach access, assigned covered parking, and community bike racks plus coming soon a clubhouse, library, catering kitchen, fitness equipment and sauna are just a glimpse of the lifestyle awaiting you. Conveniently located on South Lido Key Beach, you are just minutes away from the upscale boutiques and culinary delights of St. Armand’s Circle, offering a perfect blend of tranquility and access to vibrant city life. This is not just a residence; it's an invitation to savor the best that Sarasota has to offer. Welcome home to beachfront luxury on Lido Key. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Last Agent to Sell the Property

Lori Turkovics

COLDWELL BANKER REALTY Brokerage Phone: 941-388-3966 License #3368476

COLDWELL BANKER REALTY

Last Buyer's Agent

David Liberatore

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE License #3443924

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,346

Year Built

  • Built in 1970

Lot Details

  • Beach Front
  • Property Fronts a Bay or Harbor
  • Northeast Facing Home

HOA Fees

  • $1,355 Monthly HOA Fees

Property Views

  • City

Home Design

  • Built-Up Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 2,035 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Carport Space
  • Ground Level Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, maintenance structure, ground maintenance, management, security
  • Kevin Weigand/Kevin@Civixpm.Com Association, Phone Number (941) 529-9595
  • Visit Association Website
  • High-Rise Condominium
  • Key Tower South Community
  • Key Tower South Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,346

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,355 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Management, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2035
  • Lot Size Acres: 1.72
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 2035
  • Lot Size Sq Ft: 75077
  • Directions to Property: Take FL-789N/John Ringling Causeway from Downtown Sarasota to LIDO KEY. Drive through St. Armands Circle always driving towards Lido Key to Benjamin Franklin Drive. Approximately 2 miles, you will find KEY TOWERS SOUTH on the RIGHT.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 10
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 614.25
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: High Rise
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-388-3966
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Ice Maker, Microwave, Refrigerator, Water Filtration System
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 1750
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 189.06
  • Room Count: 9

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Hurricane Shutters, Lighting, Sidewalk, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: City, Water
  • Water Body Name: GULF OF MEXICO/SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Ground Level, Guest

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Pool
  • Association Name: Kevin Weigand/kevin@civixpm.com
  • Phone: 941-529-9595
  • Association: No
  • Security: Key Card Entry
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Building Name Number: KEY TOWER SOUTH 10F
  • Condo Fees: 1355
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: Marissa@keytowerssouth@gmail.com
  • Monthly Condo Fee Amount: 1355
  • Association URL: ktscondo.com

Fee Information

  • Total Annual Fees: 16260.00
  • Total Monthly Fees: 1355.00

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017101065
  • Additional Parcels: No
  • Flood Zone Code: AE VE
  • Homestead YN: 1
  • Lot Size Square Meters: 6975

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see HOA documents. Association approval required. $100 applicaiton fee.

Tax Info

  • Tax Annual Amount: 10346
  • Tax Book Number: 4-39
  • Tax Lot: 10F

Multi Family

  • Waterfront Features: Bay/Harbor, Beach Front
  • Approval Process: Please see HOA documents.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2023
Closed on
Jan 22, 2024
Sold by
Tapscott Diane F and Tapscott Ernest
Bought by
Muzikant Phil and Muzikant David
Seller's Agent
Lori Turkovics
COLDWELL BANKER REALTY
Buyer's Agent
David Liberatore
BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%
Total Days on Market
2
Views
16
Current Estimated Value
$1,330,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,295
Avg. Annual Appreciation
4.94%
Original Mortgage
$600,000
Outstanding Balance
$592,888
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$737,407

Purchase Details

Listed on
Jan 3, 2020
Closed on
Oct 16, 2020
Sold by
Rizvi Syed S and Gauthier Marie G
Bought by
Cicogna Ernest and Tapscott Diane F
Seller's Agent
Karin Stephan, PA
Buyer's Agent
Susan Gamble
WEICHERT REALTORS-REALTY EXTRA
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.88%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2012
Sold by
Follett Leslie C and The Leslie C Follett Trust
Bought by
Rizvi Syed S and Gauthier Marie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 9, 2003
Sold by
Iv Ocean Breeze L L C
Bought by
Casper Theodore J and Casper Donna Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.68%

Purchase Details

Closed on
Apr 30, 2001
Sold by
Rosenberg Selma and Rosenberg Merrill S
Bought by
Iv Ocean Breeze L L C

Map

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 Type Sale Price Title Company
Warranty Deed $1,250,000 First International Title
Warranty Deed $675,000 Fidelity Natl Ttl Of Fl Inc
Warranty Deed $670,000 None Available
Warranty Deed $725,000 --
Warranty Deed $310,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 Credit Line Revolving
Previous Owner $322,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $1,250,000 -3.5% $614 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/26/2023 11/26/23 For Sale $1,295,000 +91.9% $636 / Sq Ft
10/22/2020 10/22/20 Sold $675,000 -3.4% $333 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
03/19/2020 03/19/20 Price Changed $699,000 -6.8% $345 / Sq Ft
01/03/2020 01/03/20 For Sale $750,000 -- $370 / Sq Ft
Source: Stellar MLS

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 $12,119 $672,821 -- --
2023 $12,119 $1,053,300 $0 $1,053,300
2022 $10,347 $836,100 $0 $836,100
2021 $8,130 $505,500 $0 $505,500
2020 $6,565 $433,274 $0 $0
2019 $6,391 $423,533 $0 $0
2018 $6,283 $415,636 $0 $0
2017 $6,207 $407,087 $0 $0
2016 $6,272 $514,000 $0 $514,000
2015 $6,364 $506,400 $0 $506,400
2014 $6,355 $366,400 $0 $0
Source: Public Records

Source: Stellar MLS

MLS Number: N6129597

Stellar MLS

APN: 2017-10-1065