NOT LISTED FOR SALE

Key Tower South 1750 Benjamin Franklin Dr Unit 1A Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $954,872 - $1,121,000

2 Beds
2 Baths
1,403 Sq Ft
$695/mo HOA Fee

Last Sold March 04, 2020

Last sale price $605,000 $431 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,392/month

74 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Southside Elementary School Rated A
  • Public Beach
  • Open Floorplan

About This Home

As of March 2020

Rarely available first floor condo with direct Lido beach and pool access from your lanai! Keep your new years resolution to stay fit by doing laps in the pool. Take a stroll on the beach anytime, you won't need to worry about parking, traffic or even shoes since you can step right outside your lanai and onto the beach. This first floor unit is light, bright, clean and spacious with gorgeous views of the gulf from almost any room. Fully furnished for your convenience with 2 bedrooms and 2 full baths, this sweet condo is your new vacation spot where family and friends will love to gather. With an open, airy floor plan, coastal decor, modern kitchen and baths, and walk-in closets, and a sparkling pool right outside your door, you'll find it easy to make yourself at home. You'll also have peace of mind knowing you've got high impact windows and doors, secure entry with on-site manager, privacy windows and covered parking. If you're looking for a few extras, you'll find a sauna and locker room, a library full of great books for beach reading, plenty of common areas to meet your neighbors, a catering kitchen, community room and fitness equipment. When you're in the mood to venture out, the preserve and park are easy walking distance; St. Armand's Circle is just a mile away, and downtown Sarasota is two miles away. Beachfront living doesn't get any better than this. Come see it in the late afternoon and stay for the sunset!

Last Agent to Sell the Property

Christine Pope

MICHAEL SAUNDERS & COMPANY License #3356729 Listed on: 11/05/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Janet Coughlin

COLDWELL BANKER REALTY License #3332950

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,242

Year Built

  • Built in 1970

Lot Details

  • 90 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a public beach
  • Public Beach
  • West Facing Home
  • Well Sprinkler System

HOA Fees

  • $695 Monthly HOA Fees

Property Views

  • Pool

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,403 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Covered patio or porch
  • Outdoor Storage

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, manager, pest control, pool maintenance, recreational facilities
  • Argus Linda Chapman Association, Phone Number (941) 927-6464
  • Visit Association Website
  • Key Tower South Community
  • Key Tower South Subdivision
  • On-Site Maintenance
  • Rental Restrictions

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,242

Year Built

Built in 1970

Lot Details

0

HOA Fees

$695 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1403
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1548
  • Directions to Property: From St. Armands, follow John Ringling Causeway west, curve left onto Ben Franklin Dr and follow it toward South Lido Beach. Building is on the right, the third building past Sandcastle Resort. Guest parking is on the left as soon as you enter the lot.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4450694?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4450694?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.968
  • Price per Sq Ft: 431.22
  • Close to Original List Price Ratio: 0.8963
  • Ratio: Current Price\Building Area Total: 390.83
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 1750
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Outdoor Shower, Sliding Doors, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: Pool
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Water View: Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean, Gulf/Ocean to Bay
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 90
  • Additional Water Information: Condo is on the first floor with direct access from the lanai to the beach and pool deck with full views of the Gulf of Mexico
  • Water Frontage Feet Gulf Ocean: 90

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Sewer Connected, Sprinkler Well, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool, Water Access, Waterfront
  • Association Amenities: Elevator(s), Laundry, Lobby Key Required, Maintenance, Pool, Sauna, Storage
  • Association Name: Argus - Linda Chapman
  • Phone: 941-927-6464
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 695
  • Condo Fees Term: Monthly
  • Association Website: argusmgmt.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 695
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8340
  • Total Monthly Fees: 695

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017101001
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Application required
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to verify current lease restrictions; see condo docs

Tax Info

  • Tax Annual Amount: 8241.74
  • Tax Book Number: 4-39
  • Tax Lot: 1A

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Mar 4, 2020
Sold by
Vosinek Walter
Bought by
Steeves David A and Steeves Kellie L
Seller's Agent
Christine Pope
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Janet Coughlin
COLDWELL BANKER REALTY
List Price
$675,000
Sold Price
$605,000
Premium/Discount to List
-$70,000
-10.37%
Current Estimated Value
$1,051,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,968
Avg. Annual Appreciation
11.01%
Original Mortgage
$453,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 1999
Sold by
Vosinek Peggy and Vosinek Walter
Bought by
Vosinek Walter and Vosinek Peggy

Purchase Details

Closed on
May 19, 1998
Sold by
Mankowsky Paul D
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
Steeves David A $605,000 Attorney
Vosinek Walter -- --
-- -- --
Vosinek Peggy $165,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steeves David A $450,800
Closed Steeves David A $453,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $605,000 -3.2% $431 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
11/29/2019 11/29/19 Price Changed $625,000 -7.4% $445 / Sq Ft
11/01/2019 11/01/19 For Sale $675,000 -- $481 / 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 $11,251 $619,581 -- --
2023 $11,251 $992,700 $0 $992,700
2022 $9,130 $712,800 $0 $712,800
2021 $7,447 $465,500 $0 $465,500
2020 $7,655 $466,500 $0 $466,500
2019 $8,741 $536,100 $0 $536,100
2018 $8,242 $503,200 $0 $503,200
2017 $8,091 $477,430 $0 $0
2016 $7,925 $503,200 $0 $503,200
2015 $7,438 $462,400 $0 $462,400
2014 $6,356 $334,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4450694

Stellar MLS

APN: 2017-10-1001