NOT LISTED FOR SALE

Key Tower South 1750 Benjamin Franklin Dr Unit 3C Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $946,000 - $1,039,047

2 Beds
2 Baths
1,364 Sq Ft
$1,002/mo HOA Fee

Last Sold May 01, 2024

Last sale price $985,000 $722 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,804/month

193 Days on Market

Highlights

  • Beach Front
  • Fitness Center
  • Community Pool
  • Southside Elementary School Rated A
  • Sauna
  • Recreation Facilities

About This Home

As of May 2024

One or more photo(s) has been virtually staged. Motivated seller offering this Condo with Stunning water views of Lido Key Beach! Enjoy overlooking the Gulf of Mexico from every room in this third-floor condominium. This 2 bed/2 bath open floor plan has tiled floors throughout the living areas and has been recently remodeled to include smooth-finish drywall New HVAC system 2021, and New Hot Water Tank in 2021. The kitchen features exquisite quartz countertops and provides additional cabinetry and closet space, ensuring ample storage capacity. A breakfast bar and writing nook round out the space. Both bedrooms have wood flooring and each feature a renovated ensuite bath. The main bedroom offers a walk-in closet, and the bath includes a built-in vanity and shower. The guest bathroom has a walk-in shower. The unit boasts its own washer and dryer area tucked away in a closet of the guest bedroom. A gorgeous west-facing covered balcony features Recently added hurricane enforced windows (2023) and for added protection electrically operated hurricane shutters on all the windows and sliding glass doors. Key Towers South is a meticulously maintained, secured, beach-front building located on the southern end of Lido Key. Beyond the beautiful lobby area, you will find a community space featuring a fitness room, library, and social room with a kitchen. A gated, heated pool overlooks the beach. Additional amenities include shower and sauna room, bike rack storage, and on-site staff members. The unit also comes with an assigned carport parking space. Lido Key is close to St. Armand’s Circle and downtown Sarasota, where you’ll find shopping, restaurants and a lively cultural scene. The nearby nature park offers picnic areas, walking trails and plenty of outdoor activities.

Last Listed By

Chris Thompson

COLDWELL BANKER SARASOTA CENT. Brokerage Phone: 941-487-5600 License #3370343 Listed on: 09/22/2023

COLDWELL BANKER SARASOTA CENT.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,256

Year Built

  • Built in 1970

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • East Facing Home

HOA Fees

  • $1,002 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Kevin Wiegand, Manager Association, Phone Number (941) 529-9595
  • Key Tower South Community
  • Key Tower South Subdivision
  • On-Site Maintenance

Amenities

  • Sauna
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,256

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,002 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1364
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1491
  • Directions to Property: From Sarasota mainland, west on Gulfstream across John Ringling Causeway, west around St. Armands Circle, south on Benjamin Franklin Dr (bldg located on south Lido Key past the Helmsley Sandcastle Resort).
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 722.14
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_CommunityAssociationWaterFeatures: Fishing,Water Access,Waterfront
  • Attribution Contact: 941-487-5600
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1750
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 126.72
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint
  • Water Access: Beach
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0137F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Pool, Sidewalks
  • Association Amenities: Cable TV, Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Security, Storage
  • Association Fee: 1002
  • Association Fee Frequency: Monthly
  • Association Name: Kevin Wiegand, manager
  • Phone: 941-529-9595
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: KEY TOWER SOUTH
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: kevin@civixpm.com

Fee Information

  • Total Annual Fees: 12024.00
  • Total Monthly Fees: 1002.00
  • Monthly HOA Amount: 1002.00

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017101012
  • Additional Parcels: No
  • Flood Zone Code: AE,VE
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Rental of 1 month minimum twice a year. See Condo Rules and Regs for additional information

Tax Info

  • Tax Annual Amount: 12256
  • Tax Book Number: 4-39
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Board approval required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
May 1, 2024
Sold by
Mayernik Patricia
Bought by
Savio Lenore E and Moran Brian
Seller's Agent
Chris Thompson
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Michelle Silva
MICHAEL SAUNDERS & COMPANY
List Price
$1,350,000
Sold Price
$985,000
Premium/Discount to List
-$365,000
-27.04%
Total Days on Market
193
Views
72
Current Estimated Value
$1,002,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,012
Avg. Annual Appreciation
1.69%

Purchase Details

Listed on
May 8, 2020
Closed on
Apr 14, 2021
Sold by
Walsh Peter and Walsh Yvonne
Bought by
Mayernik George and Mayernik Patricia
Seller's Agent
Linda Thompson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
John Kinnunen
EXP REALTY, LLC
List Price
$825,000
Sold Price
$790,000
Premium/Discount to List
-$35,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Aug 4, 2006
Sold by
Michel Stephanie M
Bought by
Walsh Peter and Walsh Yvonne

Purchase Details

Closed on
Jul 27, 2004
Sold by
Michel Stephanie M
Bought by
Michel Stephanie M

Purchase Details

Closed on
Oct 31, 2002
Sold by
Michel Helen S
Bought by
Michel Stephanie M

Range of Values:

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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
Savio Lenore E $985,000 Msc Title
Mayernik George $790,000 Sarasota Title Services Inc
Walsh Peter $575,000 Stewart Title Of Sarasota
Michel Stephanie M -- --
Michel Stephanie M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $985,000 -1.4% $722 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/29/2024 03/29/24 Price Changed $999,000 -9.1% $732 / Sq Ft
03/08/2024 03/08/24 Price Changed $1,099,000 -8.3% $806 / Sq Ft
02/20/2024 02/20/24 Price Changed $1,199,000 -4.1% $879 / Sq Ft
02/01/2024 02/01/24 Price Changed $1,250,000 -3.8% $916 / Sq Ft
11/14/2023 11/14/23 Price Changed $1,299,000 -3.8% $952 / Sq Ft
09/22/2023 09/22/23 For Sale $1,350,000 +70.9% $990 / Sq Ft
04/14/2021 04/14/21 Sold $790,000 0.0% $579 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
01/15/2021 01/15/21 Price Changed $790,000 -1.1% $579 / Sq Ft
09/18/2020 09/18/20 Price Changed $799,000 -3.2% $586 / Sq Ft
05/08/2020 05/08/20 For Sale $825,000 -- $605 / 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 $14,950 $908,800 -- $908,800
2023 $14,950 $1,143,400 $0 $1,143,400
2022 $12,256 $807,600 $0 $807,600
2021 $7,362 $460,500 $0 $460,500
2020 $7,570 $461,600 $0 $461,600
2019 $8,483 $520,300 $0 $520,300
2018 $8,189 $504,200 $0 $504,200
2017 $7,866 $452,141 $0 $0
2016 $7,713 $504,200 $0 $504,200
2015 $7,046 $437,900 $0 $437,900
2014 $6,022 $316,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4582822

Stellar MLS

APN: 2017-10-1012