NOT LISTED FOR SALE

L'Elegance 1800 Benjamin Franklin Dr Unit A202 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,429,000 - $1,850,000

3 Beds
3 Baths
1,980 Sq Ft
$907/mo HOA Fee

Last Sold April 16, 2018

Last sale price $950,000 $480 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $11,638/month

295 Days on Market

Highlights

  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Private Beach
  • Heated In Ground Pool

About This Home

As of April 2018

L Elegance is a high demand building. This is the only Lido Key condo building that has tennis, a private beach, underground parking, and 24 hour guard gated access. This light and bright condo is the right size for full time living or part time. With three bedrooms and three baths, there is room for everyone who visits. The wrap around terrace gives all three bedrooms, the kitchen, dining, and living room all access to the famous gulf breezes while letting in plenty of natural light. Walk the private beach day or night because it is just steps from the building. Dine, shop, and enjoy the luxury lifestyle in nearby St Armand’s Circle. You can even leave your car here during off season in the gated underground garage.

Last Agent to Sell the Property

Beth Helvey

MICHAEL SAUNDERS & COMPANY License #3290719 Listed on: 05/22/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Beth Helvey

MICHAEL SAUNDERS & COMPANY License #3290719 Listed on: 05/22/2017

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,335

Year Built

  • Built in 1996

Lot Details

  • Private Beach
  • East Facing Home
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $907 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Garage Door Opener
  • Open Parking

Outdoor Features

  • Heated In Ground Pool
  • Water access To Gulf or Ocean

Utilities

  • Humidity Control
  • Central Air
  • Heating Available
  • 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, recreational facilities, security, sewer, trash, water
  • L'elegance On Lido Beach Community
  • L Elegance On Lido Beach Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,335

Year Built

Built in 1996

Lot Details

0

HOA Fees

$907 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1980
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 2700
  • Directions to Property: Take the second exit off the St Armand’s roundabout, past the public beach on Benjamin Franklin. L’Elegance is on the right. Be sure to have your business card for the guard.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4187131&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4187131&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.87236
  • Price per Sq Ft: 479.8
  • Close to Original List Price Ratio: 0.79899
  • Ratio: Current Price\Building Area Total: 351.85
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Oven, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Rods
  • Street Number Modifier: 1800
  • Room Count: 10
  • Additional Rooms: Foyer
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Tennis Court, Water
  • Waterfront: No
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Partial
  • Water Access: Beach - Private, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0137F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Guest, Underground
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air, Humidity Control
  • Heating: 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, Deed Restrictions, Fitness, Gated Community, Pool, Tennis Courts, Water Access
  • Association Amenities: Fitness Center, Gated, Maintenance, Security, Storage, Tennis Court(s)
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2722
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 907
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10888
  • Total Monthly Fees: 907.33

Lot Info

  • Parcel Number: 2017104008
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Millage Rate: 16.38
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 3 Months
  • Approval Process: Association Approval
  • Num Timesper Year: 2
  • Pet Restrictions: 2 large pets
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 13335
  • Tax Book Number: 31-12
  • Tax Lot: A202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Apr 16, 2018
Sold by
Laurel Florida Inc
Bought by
Novus Lido Beach Llc
Seller's Agent
Beth Helvey
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Beth Helvey
MICHAEL SAUNDERS & COMPANY
List Price
$1,189,000
Sold Price
$950,000
Premium/Discount to List
-$239,000
-20.1%
Current Estimated Value
$1,730,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780,833
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
Oct 1, 2013
Sold by
Peterson Fred J and Peterson Sandra M
Bought by
Laurel Florida Inc

Purchase Details

Closed on
Dec 16, 2005
Sold by
Thayer James and Thayer Linda
Bought by
Peterson Ii Fred J and Peterson Sandra M

Purchase Details

Closed on
Jan 15, 1999
Sold by
Trescone Mario and Trescone Marilyn A
Bought by
Thayer James and Thayer Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.72%

Purchase Details

Closed on
Jul 11, 1996
Sold by
Yale Properties Lido Key
Bought by
Trescone Mario and Trescone Marilyn A
Source: Public Records

Range of Values:

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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
Novus Lido Beach Llc $950,000 Attorney
Laurel Florida Inc $955,000 Attorney
Peterson Ii Fred J $980,000 Msc Title Inc
Thayer James $410,000 --
Trescone Mario $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thayer James C $225,000
Previous Owner Thayer James $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $950,000 -12.8% $480 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
01/24/2018 01/24/18 Price Changed $1,089,000 -2.2% $550 / Sq Ft
11/28/2017 11/28/17 Price Changed $1,114,000 -6.3% $563 / Sq Ft
05/22/2017 05/22/17 For Sale $1,189,000 -- $601 / 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 $14,061 $932,499 -- --
2023 $14,061 $1,035,900 $0 $1,035,900
2022 $12,209 $835,500 $0 $835,500
2021 $11,178 $700,600 $0 $700,600
2020 $11,496 $702,400 $0 $702,400
2019 $12,146 $745,200 $0 $745,200
2018 $13,273 $813,700 $0 $813,700
2017 $13,335 $806,410 $0 $0
2016 $12,394 $733,100 $0 $733,100
2015 $12,260 $722,300 $0 $722,300
2014 $11,084 $591,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Helvey

    Seller's Agent in 2018

    Beth Helvey

    Michael Saunders

    (941) 330-3600

    8 in this area

    92 Total Sales

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About L'Elegance

Map

Source: Stellar MLS

MLS Number: A4187131

Stellar MLS

APN: 2017-10-4008

Florida Sarasota County Sarasota 34236 Lido Key

1800 Benjamin Franklin Dr Unit A202, Sarasota, FL

This home is located at 1800 Benjamin Franklin Dr Unit A202, Sarasota, FL 34236 since 22 May 2017 and is currently estimated at $1,653,860, approximately $835 per square foot. This property was built in 1996. 1800 Benjamin Franklin Dr Unit A202 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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