NOT LISTED FOR SALE

Key Tower South 1750 Benjamin Franklin Dr Unit 8E Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $972,000 - $1,274,000

2 Beds
2 Baths
1,548 Sq Ft
$821/mo HOA Fee

Last Sold September 15, 2022

Last sale price $1,215,000 $785 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,692/month

91 Days on Market

Highlights

  • 400 Feet of Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Open Floorplan

About This Home

As of September 2022

Eighth-floor condominium on Lido Beach with year-round sunrise and sunset views, plus views of Lido Beach, Sarasota Bay and downtown Sarasota. Nestled between the Gulf of Mexico and Sarasota Bay. Key Towers South is the perfect place to enjoy every minute of every day in Sarasota. The white sands and turquoise waters of Lido Beach are your backyard. Just a quarter mile south is South Lido Key Park with outdoor activities and a soon to come multiuse recreational trail at Ted Sperling Park. And lively shopping, dining and nightlife at St. Armands Circle are just one mile in the other direction. This rarely available corner unit in Key Towers South has a contemporary, open floor plan and is being sold furnished. Move right in! It has two bedrooms, two baths, great room, kitchen and dining room. The living areas take advantage of the Gulf and city views and are completely separate from the private bedrooms. Enjoy water and city views from each private bedroom. This exquisite condominium has brand-new luxury wood-grain vinyl plank floor and new paint throughout. A shared utility room on the floor has an assigned storage locker, as well as large capacity washer and dryer. The first-floor community space features lobby, fitness room, library and social room with kitchen for your entertaining needs. First-floor amenities also include shower/saunas and bike rack storage. The beachside pool area features expansive deck for enjoying the Gulf-front location. The beach life, resort life and city life unite here. On one side you have a private, gated pool by the beach. On the other, it’s just one mile to the shops and restaurants of St. Armands Circle and only four miles over the Ringling Bridge to downtown Sarasota for more shops and restaurants, plus art galleries, farmers market and performing arts. Life is good on the beach! Washer and dryer allowed in residence, but not installed.

Last Agent to Sell the Property

Peter G. Laughlin

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0354182 Listed on: 05/20/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Candy Swick

CANDY SWICK & COMPANY License #0330355

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,487

Year Built

  • Built in 1970

Lot Details

  • 400 Feet of Waterfront
  • 200 Feet of Ocean or Gulf Waterfront
  • 200 Feet of Public Beach Waterfront
  • Northeast Facing Home

HOA Fees

  • $821 Monthly HOA Fees

Property Views

  • City

Home Design

  • Entry on the 8th floor
  • Built-Up Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 1,548 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Vinyl Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Property is near a marina

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, pest control, recreational facilities, sewer, trash, water
  • Key Towers South Association, Phone Number (941) 388-3541
  • Key Tower South Community
  • Key Tower South Subdivision
  • 13-Story Property

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,487

Year Built

Built in 1970

Lot Details

0

HOA Fees

$821 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1548
  • New Construction: No
  • Year Built: 1970
  • Directions to Property: FROM Downtown Sarasota, take FL-789N/John Ringling Causeway to Lido Key. Continue straight through St. Armands Circle and proceed to Benjamin Franklin Drive. Key Tower South is approximately 2 miles down on the right on Gulf side.
  • Status: Sold
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 8
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 784.88
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Corner Unit,High Rise
  • Water Frontage Feet Beach: 200
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 13
  • Window Features: Blinds
  • Street Number Modifier: 1750
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Great Room
  • Living Area Meters: 143.81
  • Room Count: 8

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Sidewalk
  • Roof: Built-Up
  • Pool Private: No
  • View: City, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Beach,Gulf/Ocean - Full,Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 400
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0137F
  • Water Frontage Feet Gulf Ocean: 200
  • Water Frontage Feet Beach Pub: 200

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Pool, Sidewalks, Water Access, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Laundry, Pool, Recreation Facilities, Sauna, Storage
  • Association Fee Frequency: Monthly
  • Association Name: Key Towers South
  • Phone: 941-388-3541
  • Association: Yes
  • Security: Fire Alarm, Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: KEY TOWER SOUTH
  • Condo Fees: 821
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: KeyTowersSouth@aol.com
  • Monthly Condo Fee Amount: 821

Fee Information

  • Total Annual Fees: 9852.00
  • Total Monthly Fees: 821.00

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017101050
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, City Limits, In County, Near Marina, Near Public Transit, Sidewalk, Paved
  • Flood Zone Code: VE
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: A leased unit may not be occupied by more than 6 persons. Must abide by condo association rules and regulations.

Tax Info

  • Tax Annual Amount: 5486.98
  • Tax Book Number: 4-39
  • Tax Lot: 8E

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: A $50 application fee is at the time of application. The lease application must be submitted for office review and board approval at least 3 weeks prior to lease start date.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Sep 13, 2022
Sold by
Ryder John E and Ryder Amy P
Bought by
Reedy Eric and Reedy Denise S
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Candy Swick
CANDY SWICK & COMPANY
List Price
$1,375,000
Sold Price
$1,215,000
Premium/Discount to List
-$160,000
-11.64%
Views
11
Current Estimated Value
$1,107,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,565
Avg. Annual Appreciation
-2.94%

Purchase Details

Closed on
Jul 15, 2015
Sold by
Ewoldt Barry D and Ewoldt Cheryl J
Bought by
Ryder John E and Ryder Amy P

Purchase Details

Listed on
Nov 23, 2012
Closed on
Mar 15, 2013
Sold by
Larson Vernon L and Larson Ruth E
Bought by
Ewoldt Barry D and Ewoldt Cheryl J
Seller's Agent
John Beiler
WHITE SANDS REALTY GROUP FL
Buyer's Agent
John Beiler
WHITE SANDS REALTY GROUP FL
List Price
$519,000
Sold Price
$475,000
Premium/Discount to List
-$44,000
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$332,500
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Reedy Eric $1,215,000 --
Ryder John E $500,000 Attorney
Ewoldt Barry D $475,000 Sarasota Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ewoldt Barry D $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2022 09/15/22 Sold $1,215,000 -6.2% $785 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $1,295,000 -5.8% $837 / Sq Ft
05/20/2022 05/20/22 For Sale $1,375,000 +189.5% $888 / Sq Ft
03/15/2013 03/15/13 Sold $475,000 -4.8% $339 / Sq Ft View Prior Sale
02/10/2013 02/10/13 Pending -- -- --
01/25/2013 01/25/13 Price Changed $499,000 -3.3% $356 / Sq Ft
01/07/2013 01/07/13 Price Changed $516,000 -0.6% $368 / Sq Ft
11/23/2012 11/23/12 For Sale $519,000 -- $370 / 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 $12,757 $737,000 -- $737,000
2023 $12,757 $845,800 $0 $845,800
2022 $6,925 $551,700 $0 $551,700
2021 $5,487 $339,100 $0 $339,100
2020 $5,633 $339,600 $0 $339,600
2019 $7,743 $499,100 $0 $499,100
2018 $6,789 $412,100 $0 $412,100
2017 $6,853 $412,100 $0 $412,100
2016 $7,051 $412,100 $0 $412,100
2015 $6,568 $406,000 $0 $406,000
2014 $5,618 $293,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter G. Laughlin

    Seller's Agent in 2022

    Peter G. Laughlin

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 356-8428

    14 in this area

    174 Total Sales

    Peter G. Laughlin
    Section Image
  • Candy Swick

    Buyer's Agent in 2022

    Candy Swick

    CANDY SWICK & COMPANY

    (941) 376-9000

    2 in this area

    271 Total Sales

    Candy Swick
    Section Image
  • John Beiler

    Seller's Agent in 2013

    John Beiler

    WHITE SANDS REALTY GROUP FL

    (941) 928-6601

    39 Total Sales

    John Beiler
    Section Image
See All Agents

About Key Tower South

Map

Source: Stellar MLS

MLS Number: A4531877

Stellar MLS

APN: 2017-10-1050

Florida Sarasota County Sarasota 34236 Lido Key

1750 Benjamin Franklin Dr Unit 8E, Sarasota, FL

This home is located at 1750 Benjamin Franklin Dr Unit 8E, Sarasota, FL 34236 since 20 May 2022 and is currently estimated at $1,107,435, approximately $715 per square foot. This property was built in 1970. 1750 Benjamin Franklin Dr Unit 8E is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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