L'Elegance 1800 Benjamin Franklin Dr Unit B-507 Sarasota, FL 34236
Lido Key Neighborhood
3
Beds
3
Baths
1,980
Sq Ft
$2,575/mo
HOA Fee
Highlights
- Beach Front
- White Water Ocean Views
- Fitness Center
- Southside Elementary School Rated A
- Water access To Gulf or Ocean
- Heated Lap Pool
About This Home
As of February 2025Experience unparalleled luxury in this beautifully updated 3-bedroom, 3-bathroom condo at the highly coveted L Elegance building on Lido Key, offering sweeping views of both the Bay and the Gulf of Mexico.
This exquisite turn-key furnished residence has been meticulously modernized with neutral color palette throughout. The kitchen has been reimagined to enhance functionality and opened to capture more gorgeous views, creating a bright and airy space with ample counter space. European-style cabinetry with a sleek exterior, featuring natural maple interiors and soft-close doors, adds timeless elegance, while the Cambria countertops in varying tones lend an ultra-modern flair. Neutral wood toned tile flooring flows throughout the condo, with plush new carpeting in the bedrooms for added comfort.
No detail has been overlooked: solid core doors, new baseboards, fresh paint, and upgraded hardware throughout. The bathrooms have been completely renovated with the latest design trends, and the primary bath offers a luxurious spa-like retreat with custom closet systems.
Step outside and prepare to be captivated by the breathtaking views that surround you. Enjoy both sunrise and sunset from your expansive balconies—one offering panoramic views of the downtown skyline and sparkling Bay, and the other providing a front-row seat to the mesmerizing Gulf sunsets. Whether you’re relaxing on your terrace or watching the lights of downtown illuminate the evening sky, this residence delivers a front-row view of the best of Lido Key.
Designed with privacy in mind, the condo features a thoughtful floorplan that ensures each bedroom enjoys its own peaceful retreat. The spacious laundry room is equipped with a sink, making it easy to manage wet bathing suits and towels after a day at the pool and beach.
In addition to its unparalleled views and exquisite design, the L ‘Elegance building offers a wealth of world-class amenities to enhance your lifestyle. Dive into relaxation with the expansive lap pool, hot tub, and wading pool. Stay active in the state-of-the-art fitness center, complete with separate men’s and women’s locker rooms featuring saunas. For tennis enthusiasts, L Elegance is home to the only two Har-Tru tennis courts on Lido Key. The building also boasts a card and billiards room, 24/7 gated security, and underground parking for convenience and peace of mind.
Live the dream in this exclusive rare gem offering a sophisticated and tranquil haven with stunning views. Just a short stroll away, explore the iconic St. Armands Circle, a vibrant shopping and dining destination nestled in a beautiful park-like setting. Enjoy art shows and lively events throughout the year, adding a touch of culture and excitement to your calendar.
Only a short drive across the bridge, the heart of downtown Sarasota awaits, offering more top-tier restaurants, boutique shopping, and entertainment.
Your perfect paradise is calling—experience the ultimate in exceptional living at L Elegance.
Last Agent to Sell the Property
COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3258133 Listed on: 01/10/2025
Co-Listed By
COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3267068
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $21,968
Year Built
- Built in 1996
Lot Details
- Street terminates at a dead end
- East Facing Home
- Irrigation
- Landscaped with Trees
HOA Fees
- $2,575 Monthly HOA Fees
Parking
- 1 Car Garage
- Ground Level Parking
- Garage Door Opener
- Circular Driveway
- Secured Garage or Parking
- Deeded Parking
Property Views
Home Design
- Pillar, Post or Pier Foundation
- Built-Up Roof
- Concrete Siding
Interior Spaces
- 1,980 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Shades
- Shutters
- Family Room Off Kitchen
- Combination Dining and Living Room
- Sauna
- Security Gate
Kitchen
- Built-In Convection Oven
- Cooktop
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- En-Suite Bathroom
- Closet Cabinetry
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated Lap Pool
- Heated In Ground Pool
- In Ground Spa
- Gunite Pool
- Outdoor Shower
Outdoor Features
- Water access To Gulf or Ocean
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Storage
Schools
- Southside Elementary School
- Booker Middle School
- Sarasota High School
Utilities
- Central Air
- Heating Available
- Thermostat
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot B507
- Assessor Parcel Number 2017104042
Community Details
Overview
- Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, security, sewer, trash, water
- Rolf Wisser Association, Phone Number (941) 388-1819
- Visit Association Website
- L'elegance On Lido Beach Community
- L Elegance On Lido Beach Subdivision
- The community has rules related to deed restrictions
- 12-Story Property
Amenities
- Community Mailbox
Recreation
Pet Policy
- 2 Pets Allowed
- Dogs and Cats Allowed
- Large pets allowed
Security
- Security Guard
- Gated Community
- Hurricane or Storm Shutters
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2025
Closed on
Jan 30, 2025
Sold by
Roberto I Jimenez Revocable Trust and Jimenez Roberto I
Bought by
Vella Thomas Andrew and Vella Cynthia Jean
Seller's Agent
Nathalie Nolander
COLDWELL BANKER REALTY
Buyer's Agent
Susan Birkinshaw
CORCORAN DWELLINGS REALTY
List Price
$2,200,000
Sold Price
$2,100,000
Premium/Discount to List
-$100,000
-4.55%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,341
Avg. Annual Appreciation
-5.00%
Purchase Details
Closed on
May 15, 2024
Sold by
Jimenez Roberto I and Jimenez Jilia Ann
Bought by
Roberto I Jimenez Revocable Trust and Jimenez
Purchase Details
Closed on
May 14, 2018
Sold by
Gazala Michael Elias and Gazala Richard Evans
Bought by
Jimenez Roberto Ivan and Jimenez Julia Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 30, 1998
Sold by
Bienstock Martin
Bought by
Gazala Evans E and Gazala Mary B
Similar Homes in Sarasota, FL
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,100,000 | None Listed On Document | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $975,000 | Attorney | |
| Warranty Deed | $380,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $780,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2025 02/12/25 | Sold | $2,100,000 | -4.5% | $1,061 / Sq Ft |
| 01/16/2025 01/16/25 | Pending | -- | -- | -- |
| 01/10/2025 01/10/25 | For Sale | $2,200,000 | -- | $1,111 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $19,830 | $1,469,900 | -- | $1,469,900 |
| 2023 | $19,830 | $1,358,100 | $0 | $1,358,100 |
| 2022 | $15,556 | $1,069,700 | $0 | $1,069,700 |
| 2021 | $14,259 | $899,300 | $0 | $899,300 |
| 2020 | $14,296 | $878,200 | $0 | $878,200 |
| 2019 | $15,129 | $932,900 | $0 | $932,900 |
| 2018 | $16,317 | $1,004,600 | $0 | $1,004,600 |
| 2017 | $16,393 | $995,500 | $0 | $0 |
| 2016 | $15,210 | $905,000 | $0 | $905,000 |
| 2015 | $14,924 | $891,700 | $0 | $891,700 |
| 2014 | $13,482 | $700,227 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nathalie Nolander
N
Seller's Agent in 2025
Nathalie Nolander
COLDWELL BANKER REALTY
(941) 962-9901
4 in this area
10 Total Sales
-
Courtney Tarantino
Seller Co-Listing Agent in 2025
Courtney Tarantino
COLDWELL BANKER REALTY
(941) 893-7203
4 in this area
55 Total Sales
-
Susan Birkinshaw
S
Buyer's Agent in 2025
Susan Birkinshaw
CORCORAN DWELLINGS REALTY
(212) 913-9058
1 in this area
27 Total Sales
About L'Elegance
Map
Source: Stellar MLS
MLS Number: A4634412
APN: 2017-10-4042
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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