NOT LISTED FOR SALE

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

Lido Key Neighborhood

Estimated Value: $778,000 - $971,000

2 Beds
2 Baths
1,403 Sq Ft
$749/mo HOA Fee

Last Sold June 16, 2021

Last sale price $630,000 $449 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,224/month

32 Days on Market

Highlights

  • 200 Feet of Waterfront
  • White Water Ocean Views
  • Sauna
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Sun or Florida Room

About This Home

As of June 2021

From sunrise to sunset, you will fall in love with sparkling views of the Gulf as well as sweeping views of Sarasota Bay and downtown Sarasota from this 8th-floor end unit condominium. Located on desirable South Lido Beach, a short distance from world-famous St Armands Circle's dining and shopping destinations, this end unit condo is completely remodeled throughout, with a spacious kitchen featuring stainless steel appliances and solid wood cabinetry with serious countertop space and breakfast bar. Beautifully appointed and offered turnkey furnished, this condo is fully renovated, spacious, and welcoming with amazing views from every room! A spacious pool deck, library, and cardio workout room overlook the sparkling waters of the Gulf of Mexico and the newly refurnished Lido Beach. Covered parking is provided in the first row of parking, nearest the lobby. An inside utility closet is ready for your stackable washer/dryer, with additional laundry facilities and storage down the hall. Live the beach life surrounded by all the luxury and cultural opportunities Sarasota has to offer!

Last Agent to Sell the Property

Jill Berg

MICHAEL SAUNDERS & COMPANY License #3163780 Listed on: 04/14/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Lana Zub

MEDWAY REALTY License #3325736

MEDWAY REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,017

Year Built

  • Built in 1970

Lot Details

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

HOA Fees

  • $749 Monthly HOA Fees

Property Views

Home Design

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

Interior Spaces

  • 1,403 Sq Ft Home
  • Window Treatments
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility
  • Laundry in unit

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Ground Level Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean

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, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, sewer, trash, water
  • Richard Raymond Association, Phone Number (941) 928-7448
  • Key Tower South Community
  • Key Tower South Subdivision
  • Rental Restrictions
  • 13-Story Property

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,017

Year Built

Built in 1970

Lot Details

0

HOA Fees

$749 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: 1403
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1403
  • Directions to Property: From John Ringling Causeway travel west along St Armands Circle and watch for signs for Lido Beach/Benjamin Franklin Drive. Key Towers South is just past the turn by Helmsley Sandcastle Resort. Park in guest parking, several spots are available nearer the building but not under covered parking.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497670?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497670?w=Customer
  • Floor Number: 8
  • Homestead Y N: No
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93333
  • Price per Sq Ft: 449.04
  • Close to Original List Price Ratio: 0.84
  • Ratio: Current Price\Building Area Total: 449.04
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 13
  • Window Features: Window Treatments
  • Street Number Modifier: 1750
  • Room Count: 6
  • Additional Rooms: Florida Room, Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System
  • Roof: Built-Up
  • Pool Private: No
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full, Beach, Gulf/Ocean - Partial
  • 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: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool, Water Access, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Laundry, Lobby Key Required, Pool, Sauna, Storage
  • Association Name: Richard Raymond
  • Phone: 941-928-7448
  • Association: No
  • Senior Community: No
  • Condo Fees: 749
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 749
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8988
  • Total Monthly Fees: 749

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017101052
  • Additional Parcels: No
  • Flood Zone Code: VE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Application and fee required.
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Limit of 6 persons per unit for rental

Tax Info

  • Tax Annual Amount: 6017.25
  • 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
Apr 14, 2021
Closed on
Jun 16, 2021
Sold by
Poulsen Richard E
Bought by
Jaber Hassan and Jaber Ebitsam
Seller's Agent
Jill Berg
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Lana Zub
MEDWAY REALTY
List Price
$750,000
Sold Price
$630,000
Premium/Discount to List
-$120,000
-16%
Current Estimated Value
$869,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,199
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Feb 7, 2012
Sold by
Simpson Genevieve B
Bought by
Poulsen Richard E and Poulsen Kathryn A
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
Jaber Hassan $630,000 Alliance Group Title
Poulsen Richard E $340,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $630,000 -6.7% $449 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/11/2021 05/11/21 Price Changed $675,000 -10.0% $481 / Sq Ft
04/14/2021 04/14/21 For Sale $750,000 -- $535 / 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 $11,005 $701,000 -- $701,000
2023 $11,005 $807,200 $0 $807,200
2022 $9,294 $607,800 $0 $607,800
2021 $5,853 $362,700 $0 $362,700
2020 $6,017 $363,700 $0 $363,700
2019 $7,813 $534,100 $0 $534,100
2018 $6,508 $394,500 $0 $394,500
2017 $6,570 $394,500 $0 $394,500
2016 $6,763 $394,500 $0 $394,500
2015 $6,813 $388,700 $0 $388,700
2014 $5,392 $281,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4497670

Stellar MLS

APN: 2017-10-1052