$790,000
SOLD APR 14, 2021

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

Lido Key Neighborhood
2 Beds
2 Baths
1,364 Sq Ft
$639/mo HOA Fee

Recently Sold

$579 Per Sq Ft

4% Below List Price

302 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Beach View
  • 1.72 Acre Lot
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Wood Flooring

About This Home

As of May 2024

Your new beach home is ready. Step off the pool deck and put your toes in the sand. This third floor condo has direct gulf views from the living room and both bedrooms. Enjoy brilliant sunsets, the serene sounds of the Gulf. Interior mirrors reflect the blue sky, the white fluffy clouds, and the blue water from most every direction you turn. The floor plan is uniquely open. Completed remodeled including removal of walls. The building is on the southern end of Lido Key. Drive, bicycle, or walk to all that St. Armands Circle offers. Doors into the building are secure. Key Towers South is well maintained and the on-site staff friendly. The condo has electric operated hurricane shutters on the west facing windows and sliding glass doors. Offered turnkey furnished and available now. Beach-style living awaits you on Lido Key. A bit further south, at South Lido Beach Park, you can enjoy picnics and kayak/paddle board rental. Easy access to St. Armands Circle, and the downtown Sarasota cultural and restaurant scene, too.

Last Agent to Sell the Property

Linda Thompson

MICHAEL SAUNDERS & COMPANY License #3056541 Listed on: 05/08/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

John Kinnunen

EXP REALTY, LLC License #3467788

EXP REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,570

Year Built

  • Built in 1970

Lot Details

  • 200 Feet of Waterfront
  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

  • $639 Monthly HOA Fees

Property Views

Home Design

  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding

Interior Spaces

  • 1,364 Sq Ft Home
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Parking

  • 58 Carport Spaces
  • Ground Level Parking
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Enclosed patio or porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, sewer, trash, water
  • Diana Leatherbarrow Association, Phone Number (941) 388-3541
  • High-Rise Condominium
  • Key Tower South Community
  • Key Tower South Subdivision
  • On-Site Maintenance
  • Rental Restrictions
  • 13-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,570

Year Built

Built in 1970

Lot Details

0

HOA Fees

$639 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1364
  • Lot Size Acres: 1.72
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1491
  • Lot Size Sq Ft: 75077
  • 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
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4466823?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4466823?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 579.18
  • Close to Original List Price Ratio: 0.95758
  • Ratio: Current Price\Building Area Total: 529.85
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Split Bedroom, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 13
  • Window Features: Blinds
  • Street Number Modifier: 1750
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Hurricane Shutters
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 200
  • Water Frontage Feet Gulf Ocean: 200
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Spaces: 58
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Ground Level, Guest
  • Covered Parking Spaces: 58
  • Open Parking: No

Utilities

  • Utilities: Public
  • 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: Pool, Water Access, Waterfront
  • Association Amenities: Elevator(s), Laundry, Lobby Key Required, Maintenance, Pool
  • Association Name: Diana Leatherbarrow
  • Phone: 941-388-3541
  • Association: No
  • Senior Community: No
  • Condo Fees: 639
  • Condo Fees Term: Monthly
  • Association Email: keytowerssouth@gmail.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 639
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7668
  • Total Monthly Fees: 639

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
  • Lot Features: FloodZone
  • Flood Zone Code: AE VE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Application
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease is one month, twice a year.

Tax Info

  • Tax Annual Amount: 7569.59
  • Tax Book Number: 4-39
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

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%
Views
72
Current Estimated Value
$1,034,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,089
Avg. Annual Appreciation
1.40%

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
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $985,000 Msc Title
Warranty Deed $790,000 Sarasota Title Services Inc
Warranty Deed $575,000 Stewart Title Of Sarasota
Interfamily Deed Transfer -- --
Warranty Deed -- --
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: A4466823

Stellar MLS

APN: 2017-10-1012