NOT LISTED FOR SALE

L'Elegance 1800 Benjamin Franklin Dr Unit B1009 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $2,662,727 - $2,776,000

3 Beds
3 Baths
2,230 Sq Ft
$1,000/mo HOA Fee

Last Sold July 20, 2020

Last sale price $1,550,000 $695 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $18,034/month

74 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Private Beach
  • Intracoastal View
  • Southside Elementary School Rated A
  • Fitness Center
  • Heated Lap Pool

About This Home

As of July 2020

Enjoy the private Florida lifestyle on the sandy shore with breathtaking water views along the Gulf of Mexico at one of the largest gulf front properties in the area with over 400 feet of private beach. L’Elegance on Lido Beach is a pet friendly gated community featuring exclusive access to resort amenities including a heated 85’ lap pool, tennis courts, fitness center, underground parking, storage and so much more! Inside the north tower of this meticulously maintained building, experience the beauty of location. Once you see this Essex floor-plan on the 10th floor, you will appreciate capacious living features with endless bay and gulf views throughout the day and night. With countless sunrise and sunset views, this is truly one of the most desired and limited floor-plans in L’Elegance. Upon entry, the azure water is picturesque along a wall of sliders leading out to your covered terrace. A combined living and dining layout provide flexibility for design with marble flooring and crown molding throughout and includes a third full hall bath. The European styled kitchen features granite counters, stainless steel appliances, reverse osmosis filtration and an eat in space as well as a terrace to enjoy the sunrise overlooking the South Lido County Park as the city of Sarasota awakens. Spacious master quarters embrace a gulf view with hurricane shutters and en suite marble flooring, marble shower, double sinks and an over-sized soaking tub. The guest room is also en suite with direct access to terrace overlooking the mangroves along the intracoastal. The third room exudes natural light through a glass sliding door and is set up as a den with built in cabinets and a murphy bed. At L’Elegance: on-site manager and maintenance are available, 24/7 guard at gate, and hurricane shutters provide peace of mind for those who desire flexibility of a lock and leave environment while also having the option to rent out the unit twice a year for a minimum of three months. Indulge yourself with all the beauty that lies on the southern end of Lido Key at L’Elegance on Lido Beach with a proximity to world famous St. Armands Circle filled with endless dining, shopping, art festivals and many more community endeavors showcasing this prime location in real estate.

Last Agent to Sell the Property

Nathalie Nolander

COLDWELL BANKER REALTY License #3258133 Listed on: 04/02/2020

COLDWELL BANKER REALTY

Co-Listed By

Jenna Oser

COLDWELL BANKER REALTY License #3302062

Last Buyer's Agent

Nathalie Nolander

COLDWELL BANKER REALTY License #3258133 Listed on: 04/02/2020

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,130

Year Built

  • Built in 1996

Lot Details

  • Private Beach
  • East Facing Home
  • Irrigation

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Open Parking

Property Views

Home Design

  • Elevated Home
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 2,230 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, electricity, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • Argus Property Management/ Kathi Jones (Onsite) Association, Phone Number (941) 388-1819
  • High-Rise Condominium
  • L'elegance On Lido Beach Community
  • L Elegance On Lido Beach Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 11-Story Property

Amenities

  • Elevator

Recreation

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,130

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,000 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Electricity, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2230
  • Lot Size Acres: 5.08
  • New Construction: No
  • Year Built: 1996
  • Lot Size Sq Ft: 221452
  • Directions to Property: From St. Armands Circle, travel west to 1800 Benjamin Franklin Drive. L'Elegance is on your right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4463964?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4463964?w=Customer
  • Floor Number: 10
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: Elevated, High Rise
  • Ratio: Close Price\List Price: 0.9123
  • Price per Sq Ft: 695.07
  • Close to Original List Price Ratio: 0.86159
  • View: Yes
  • Co List Office Mls Id: 231502433
  • Co List Office Phone: 941-383-6411
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Marble, Other
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 11
  • Street Number Modifier: 1800
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage, Tennis Court(s)
  • Pool Features: Heated, In Ground, Lap
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Lighting, Outdoor Shower, Storage, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • View: City, Pool, Tennis Court, Water
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Full, Intracoastal Waterway
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 400
  • Water Frontage Feet Gulf Ocean: 400

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage Door Opener, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • 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, Waterfront
  • Association Name: Argus Property Management/ Kathi Jones (onsite)
  • Phone: 941-388-1819
  • Association: No
  • Senior Community: No
  • Condo Fees: 2999
  • Condo Fees Term: Quarterly
  • Association Email: l_elegancecondo@comcast.net
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1000
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11996
  • Total Monthly Fees: 999.67

Schools

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

Lot Info

  • Parcel Number: 2017104094
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 3 Months
  • Approval Process: See additional Docs
  • Num Timesper Year: 2
  • Pet Restrictions: Cats and dogs are allowed.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See additional Docs

Tax Info

  • Tax Annual Amount: 20130.24
  • Tax Block: 1009
  • Tax Book Number: 31-12
  • Tax Lot: B-1009

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jul 20, 2020
Sold by
William D Mccarty Living Trust and Mccarty William D
Bought by
Ben Franklin Drive 1009 Llc
Seller's Agent
Nathalie Nolander
COLDWELL BANKER REALTY
Buyer's Agent
Nathalie Nolander
COLDWELL BANKER REALTY
List Price
$1,799,000
Sold Price
$1,550,000
Premium/Discount to List
-$249,000
-13.84%
Current Estimated Value
$2,727,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,177,932
Avg. Annual Appreciation
11.48%
Original Mortgage
$1,700,000
Interest Rate
3.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 24, 2015
Sold by
Mccarty William David
Bought by
Mccarty William D and William D Mccarty Living Trust

Purchase Details

Closed on
Feb 6, 2015
Sold by
Mccarty Cynthia A
Bought by
Mccarty William D

Purchase Details

Closed on
Feb 29, 2012
Sold by
Kampen Willem H and Kampen Wibbina
Bought by
Mccarty William David

Purchase Details

Closed on
Sep 2, 2004
Sold by
Bryan Brenda
Bought by
Kampen Willem H and Kampen Wibbina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2002
Sold by
Bryan Philip A and Bryan Brenda
Bought by
Bryan Philip 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
Ben Franklin Drive 1009 Llc $1,550,000 None Listed On Document
Mccarty William D -- Attorney
Mccarty William D -- None Available
Mccarty William David $1,200,000 Attorney
Kampen Willem H $1,325,000 --
Kampen Willem H -- --
Bryan Philip A -- --
Bryan Philip A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ben Franklin Drive 1009 Llc $1,700,000
Previous Owner Kampen Willem H $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $1,550,000 -8.8% $695 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $1,699,000 -5.6% $762 / Sq Ft
04/02/2020 04/02/20 For Sale $1,799,000 -- $807 / 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 $26,039 $1,681,053 -- --
2023 $26,039 $2,027,000 $0 $2,027,000
2022 $22,622 $1,643,000 $0 $1,643,000
2021 $19,931 $1,263,000 $0 $1,263,000
2020 $19,001 $1,171,600 $0 $1,171,600
2019 $20,130 $1,245,600 $0 $1,245,600
2018 $20,229 $1,248,000 $0 $1,248,000
2017 $20,324 $1,236,730 $0 $0
2016 $18,815 $1,124,300 $0 $1,124,300
2015 $18,609 $1,107,700 $0 $1,107,700
2014 $16,804 $906,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4463964

Stellar MLS

APN: 2017-10-4094