$475,000
SOLD MAR 15, 2013

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

Lido Key Neighborhood
2 Beds
2 Baths
1,403 Sq Ft
$604/mo HOA Fee

Recently Sold

$339 Per Sq Ft

8% Below List Price

78 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Private Beach
  • Intracoastal View
  • Southside Elementary School Rated A
  • Water Access
  • Wood Flooring

About This Home

As of September 2022

People travel for thousands of miles to enjoy the sun, sand and views of Lido Key. For you, it's your life. The sun comes up over Sarasota Bay which is your view as you sip your morning coffee from the study or master bedroom. The heart of a home is the kitchen and this home has a beautiful heart. Updated with Corian counter tops, rich pecan cabinets with roll out shelves and tumbled marble PLUS a view of Lido beach and the Ringling Bridge. Now you are ready for a morning swim in the heated pool and a leisurely stroll along the pristine beach that is right outside your door. World class shopping, restaurants and night life await you nearby at famous St. Armands Circle. Like to entertain? There is plenty of guest parking and with an open floor plan, having friends over for a sunset dinner is delightful. You've worked hard, you've made sacrifices, now it's time to enjoy the fruits of you labor. It's your beach, it's your view, it's your life!

Last Agent to Sell the Property

John Beiler

WHITE SANDS REALTY GROUP FL License #3252584 Listed on: 11/23/2012

WHITE SANDS REALTY GROUP FL

Last Buyer's Agent

John Beiler

WHITE SANDS REALTY GROUP FL License #3252584 Listed on: 11/23/2012

WHITE SANDS REALTY GROUP FL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,100

Year Built

  • Built in 1970

Lot Details

  • Property fronts gulf or ocean
  • Private Beach
  • End Unit
  • Zero Lot Line

HOA Fees

  • $604 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,403 Sq Ft Home
  • Ceiling Fan
  • Window Treatments

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Water Access

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, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, recreational facilities, sewer, trash, water
  • Key Tower South Community
  • Key Tower South Subdivision
  • The community has rules related to deed restrictions
  • 13-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,100

Year Built

Built in 1970

Lot Details

0

HOA Fees

$604 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • 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: St. Armands Circle, past Lido public beach, Key Tower South on right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3969217&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3969217&cview=true&show_results=true&customer_portal=true
  • Floor Number: 8
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 7131
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.9519
  • Price per Sq Ft: 338.56
  • Close to Original List Price Ratio: 0.91522
  • Ratio: Current Price\Building Area Total: 306.85
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 13
  • Window Features: Window Treatments
  • Street Number Modifier: 1750
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water View: Bay/Harbor - Partial, Gulf/Ocean - Partial, Intracoastal Waterway
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • 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, Deed Restrictions, Pool, Waterfront Complex
  • Association Amenities: Elevator(s), Laundry, Security, Storage
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Condo Fees: 604
  • Condo Fees Term: Monthly
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 7248
  • Total Monthly Fees: 604

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017101050
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, Zero Lot Line
  • Millage Rate: 16.51
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Num Timesper Year: 2
  • Expected Lease Date: 2013-03-15T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 5100
  • Tax Book Number: 0004/0039
  • Tax Lot: 8E

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

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
$1,194,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,744
Avg. Annual Appreciation
-3.09%

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
7.13%
Original Mortgage
$332,500
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records

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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 $1,215,000 --
Warranty Deed $500,000 Attorney
Warranty Deed $475,000 Sarasota Title Services Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $332,500 New Conventional
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: Stellar MLS

MLS Number: A3969217

Stellar MLS

APN: 2017-10-1050