NOT LISTED FOR SALE

L'Elegance 1800 Benjamin Franklin Dr Unit A302 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,783,389 - $2,146,000

3 Beds
3 Baths
1,980 Sq Ft
5.08 Acres

Highlights

  • 100 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Partial Gulf or Ocean Views

About This Home

As of July 2021

LIDO KEY GULF FRONT LIVING...Spacious open floor plan with 3 bedrooms and three baths. Terrace access from every room. A view of the Gulf of Mexico from the living room terrace and a partial view from the living room. Updated kitchen and baths, very tastefully decorated. L'Elegance is considered one of the premier condominium communities on Lido Beach. Amenities abound with two private Har-Tru tennis courts, underground secure designated parking, guarded gate entrance, fitness room with saunas and a gulf front Olympic size heated pool with outdoor spa. Short drive or bike ride to St. Armands Circle for boutique shopping and plenty of great restaurants to choose from. Close to downtown Sarasota and the theatre district. This property is also available for a Seasonal rental Dec-April $12,000 a month & off season May-November $7500 a month. SORRY, NO PETS, NO SMOKING ON THE TERRACES OR IN THE CONDO. GULF OF MEXICO, VACATIONS RENTAL, LUXURY, SARASOTA, FL.

Last Agent to Rent the Property

Teresa Ribaudo

JENNETTE PROPERTIES INC License #3181516 Listed on: 06/02/2020

Last Renter's Agent

Teresa Ribaudo

JENNETTE PROPERTIES INC License #3181516 Listed on: 06/02/2020

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1996

Lot Details

Home Design

  • Turnkey

Interior Spaces

  • 1,980 Sq Ft Home

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Water access To Gulf or Ocean

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $7,100
  • Property Available on 7/1/22
  • Tenant pays for carpet cleaning fee, cleaning fee
  • The owner pays for cable TV, electricity, internet, pest control, security, water
  • 12-Month Minimum Lease Term
  • Long Term Lease
  • $75 Application Fee
  • Assessor Parcel Number 2017104017

Community Details

Overview

  • Property has a Home Owners Association
  • Association Approval Fee: 100
  • L'elegance On Lido Beach Association, Phone Number (941) 388-1819
  • L'elegance On Lido Beach Community
  • L Elegance On Lido Beach Subdivision

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Condo Details

Home Type

Condominium

Year Built

Built in 1996

Lot Details

0

Rental Info

  • Furnished: Turnkey
  • Lease Amount Frequency: Annually
  • Pets Allowed: No
  • Long Term Y N: Yes
  • Minimum Lease: 3 Months
  • Seasonal Rent: 12000
  • Off Season Rent: 9500
  • Application Fee: 75
  • Last Month's Rent: 8000
  • Security Deposit: 7100
  • Lease Referral Fee Comments: REFERRAL FEE IS 10% OF LEASING AGENTS COMMISSION PAID ONE TIME.
  • Available Date: 2022-07-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Living Area: 1980
  • New Construction: No
  • Year Built: 1996
  • Lease Term: 12 Months
  • Owner Pays: Cable TV, Electricity, Internet, Pest Control, Security, Water
  • Tenant Pays: Carpet Cleaning Fee, Cleaning Fee
  • Directions to Property: FROM ST. ARMANDS CIRCLE, GO SOUTH ON BEN FRANKLIN DR. TO L'ELEGANCE ON YOUR RIGHT.
  • Status: Leased
  • Floor Number: 3
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92857
  • Price per Sq Ft: 3.28
  • Close to Original List Price Ratio: 1
  • View: No
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1800
  • Room Count: 1

Exterior Features

  • Pool Features: Heated
  • Pool Private: No
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Partial
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 100
  • Water Frontage Feet Gulf Ocean: 100

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Pool, Sidewalk, Tennis Courts
  • Association Name: L'ELEGANCE ON LIDO BEACH
  • Phone: 941-388-1819
  • Association: Yes
  • Senior Community: No
  • Association Approval Fee: 100
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Lot Info

  • Parcel Number: 2017104017

Tax Info

  • Tax Annual Amount: 13359.35

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2010
Sold by
Kashkoush Marwan M and Brockman Phoebe
Bought by
Gwinnell Jeffrey R and Benham Margaret A
Current Estimated Value
$1,918,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,100
Outstanding Balance
$313,632
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,614,379

Purchase Details

Closed on
Dec 2, 2005
Sold by
Pace Holdings Inc
Bought by
Kashkoush Marwan M and Brockman Phoebe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 16, 2000
Sold by
Ross Edward J and Ross Phyllis J
Bought by
Pace Holdings Inc

Purchase Details

Closed on
Feb 9, 1996
Sold by
Yale Prop Lido Key
Bought by
Ross Edward J and Ross Phyllis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gwinnell Jeffrey R $693,000 Alliance Group Title Llc
Kashkoush Marwan M $1,049,000 Properties Title Llc
Pace Holdings Inc $485,000 --
Ross Edward J $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gwinnell Jeffrey R $485,100
Previous Owner Kashkoush Marwan M $750,000
Previous Owner Ross Edward J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Rented $6,500 -7.1% --
06/16/2021 06/16/21 Price Changed $7,000 +7.7% $4 / Sq Ft
10/10/2020 10/10/20 Price Changed $6,500 -18.8% $3 / Sq Ft
09/24/2020 09/24/20 Price Changed $8,000 +23.1% $4 / Sq Ft
05/28/2020 05/28/20 For Rent $6,500 +8.3% --
07/01/2019 07/01/19 Rented $6,000 -36.8% --
06/29/2019 06/29/19 Under Contract -- -- --
03/18/2019 03/18/19 Price Changed $9,500 +5.6% $5 / Sq Ft
11/06/2018 11/06/18 For Rent $9,000 -- --
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 $16,467 $1,089,823 -- --
2023 $16,467 $1,227,600 $0 $1,227,600
2022 $14,191 $973,500 $0 $973,500
2021 $13,011 $818,800 $0 $818,800
2020 $13,359 $819,400 $0 $819,400
2019 $14,048 $864,900 $0 $864,900
2018 $12,824 $785,500 $0 $785,500
2017 $12,884 $778,470 $0 $0
2016 $11,978 $707,700 $0 $707,700
2015 $11,849 $697,300 $0 $697,300
2014 $10,714 $570,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4468277

Stellar MLS

APN: 2017-10-4017