NOT LISTED FOR SALE

Key Tower South 1750 Benjamin Franklin Dr Unit 5G Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $782,193 - $1,064,000

2 Beds
2 Baths
1,403 Sq Ft
$601/mo HOA Fee

Last Sold May 01, 2018

Last sale price $512,500 $365 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,350/month

248 Days on Market

Highlights

  • 10 Feet of Waterfront
  • Water access To Gulf or Ocean
  • In Ground Pool
  • Southside Elementary School Rated A
  • Public Beach
  • Partial Gulf or Ocean Views

About This Home

As of May 2018

The crystal white sands of Lido Key and beautiful waters of the Gulf of Mexico are calling you! From the moment you step inside this 5th floor unit located in Key Towers South, it is like a breath of fresh air! All you need is your suitcase, beach attire and time to relax and appreciate this tastefully updated/renovated two bedroom, two bath turnkey furnished unit. Enjoy a partial view of the sparkling waters of the Gulf of Mexico from your dining area and expansive views of the city skyline from remaining rooms. The glass enclosed lanai provides additional living area and allows full use of the 1548 square feet year round. A short elevator ride delivers you to the lobby, with breathtaking views of the Gulf. A few quick steps off the elevator, you are ready to embrace beachfront living and the Florida lifestyle – step onto the well maintained paver patio and take a dip in the heated pool, or a few more steps for a swim in the Gulf. Whether you are looking for a primary residence, seasonal, second home or investment – you don’t need to look any further. St. Armands Circle is just a couple of minutes away for shopping and dining; biking, swimming, canoeing, fishing, boating, Ted Sperling Park, Lido and South Lido Beach are all within walking distance too. You won’t lack for things to do in Sarasota! Hurricane windows throughout, new HVAC and Water Heater in 2017- call for detailed list of updates/upgrades.

Last Agent to Sell the Property

Judy Wright, PA

MICHAEL SAUNDERS & COMPANY License #0389612 Listed on: 07/21/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Gail Welch

COASTAL PROPERTIES & MGMT. License #3312023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,185

Year Built

  • Built in 1970

Lot Details

  • 10 Feet of Waterfront
  • Property fronts gulf or ocean
  • Public Beach
  • End Unit
  • South Facing Home

HOA Fees

  • $601 Monthly HOA Fees

Property Views

  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,403 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Water access To Gulf or Ocean
  • Outdoor Storage

Location

  • Flood Zone Lot
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, manager, pest control, security, sewer, water
  • Argus Mgmt 941 927 6464 Linda Chapman Association
  • High-Rise Condominium
  • Key Tower South Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 12-Story Property

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,185

Year Built

Built in 1970

Lot Details

0

HOA Fees

$601 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Security, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1403
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1548
  • Directions to Property: From Benjamin Franklin Drive, head towards South Lido Beach; Key Towers South is between Sandcastle Hotel and South Lido Beach – gulf side.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4192160&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4192160&cview=true&show_results=true&customer_portal=true
  • Floor Number: 5
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, End Unit, High Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.94925
  • Price per Sq Ft: 365.29
  • Close to Original List Price Ratio: 0.88362
  • Ratio: Current Price\Building Area Total: 331.07
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 12
  • Window Features: Window Treatments
  • Street Number Modifier: 1750
  • Room Count: 7
  • Additional Rooms: Foyer
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage
  • Pool Features: In Ground
  • Exterior Features: Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Park, Water
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0137F
  • Waterfront Frontage: 10
  • Water Frontage Feet Gulf Ocean: 10
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Water Access, Waterfront Complex
  • Association Amenities: Laundry, Maintenance, Security, Storage
  • Association Name: Argus Mgmt 941-927-6464 Linda Chapman
  • Association: No
  • Security: Key Card Entry
  • Senior Community: No
  • Condo Fees: 601
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 601
  • Amenities Additional Fees: Mens/Womens pool bath / Locker room w/sauna & shower
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7212
  • Total Monthly Fees: 601

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017101031
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Application Required, Please see HOA or Condominium Documents for Rental Restrictions (or Guidelines)
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see HOA or Condominium Documents for Rental Restrictions (or Guidelines)

Tax Info

  • Tax Annual Amount: 6185
  • Tax Book Number: 4-39
  • Tax Lot: 5G

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Apr 30, 2018
Sold by
Stark Linda J and Chanudet Jeannette
Bought by
Ray Robert F and The Robert F Ray Revocable Tru
Seller's Agent
Judy Wright, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Gail Welch
COASTAL PROPERTIES & MGMT.
List Price
$580,000
Sold Price
$512,500
Premium/Discount to List
-$67,500
-11.64%
Total Days on Market
248
Current Estimated Value
$917,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,798
Avg. Annual Appreciation
9.56%
Original Mortgage
$350,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2009
Sold by
Stark Linda J
Bought by
Stark Linda J and Chanudet Jeannette

Purchase Details

Closed on
Oct 29, 2003
Sold by
Phillips Martha M
Bought by
Stark Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6%

Purchase Details

Closed on
Sep 18, 1996
Sold by
Ferri James and Richbourg Francis L
Bought by
Phillips Raymond M and Phillips Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
7.83%
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 Buyer Sale Price Title Company
Ray Robert F $512,500 Attorney
Stark Linda J -- Attorney
Stark Linda J $380,000 --
Phillips Raymond M $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Robert F $302,595
Closed Ray Robert F $350,000
Previous Owner Stark Linda J $100,000
Previous Owner Stark Linda J $304,000
Previous Owner Phillips Raymond M $126,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $512,500 -5.1% $365 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
02/01/2018 02/01/18 Price Changed $539,900 -5.3% $385 / Sq Ft
12/11/2017 12/11/17 Price Changed $569,900 -1.7% $406 / Sq Ft
07/21/2017 07/21/17 For Sale $580,000 -- $413 / 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 $7,902 $432,841 -- --
2023 $7,902 $685,400 $0 $685,400
2022 $6,454 $497,600 $0 $497,600
2021 $5,271 $325,200 $0 $325,200
2020 $5,421 $326,300 $0 $326,300
2019 $6,632 $403,400 $0 $403,400
2018 $6,127 $370,600 $0 $370,600
2017 $6,185 $370,600 $0 $370,600
2016 $6,123 $370,600 $0 $370,600
2015 $5,937 $365,100 $0 $365,100
2014 $5,083 $264,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4192160

Stellar MLS

APN: 2017-10-1031