NOT LISTED FOR SALE

L'Elegance 1800 Benjamin Franklin Dr Unit B206 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $2,507,000 - $2,719,000

3 Beds
3 Baths
2,070 Sq Ft
$1,479/mo HOA Fee

Last Sold March 20, 2023

Last sale price $2,850,000 $1,377 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $17,283/month

74 Days on Market

Highlights

  • 410 Feet of Public Beach Waterfront
  • Water access To Gulf or Ocean
  • In Ground Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of March 2023

One of only a few available three-bedroom, three-bath gulf-front condos on the pristine white sands of Lido Beach! Never miss a sunset as you relax on your wrap-around balcony in this updated end unit condominium located in the premier community of L’Elegance. Sliders access the balcony from almost every room of this over 2.000 square foot gem, bringing in gulf breezes throughout the residence. This is a pet-friendly community, allowing two cats or two dogs of any size, hard to find in a beachfront condominium. This lower-level condo gives the sensation of living in a single-family beach house with its gorgeous full tropical gulf views. It offers beautiful upgrades throughout including a well-equipped eat-in kitchen with wine refrigerator, granite counters, glass tile backsplash and wood cabinetry; beautifully updated bathrooms; and updated neutral tile flooring. The main suite offers an owner’s retreat with a large walk-in closet and spacious master bathroom. The home is being sold furnished for the opportunity to enjoy your new Florida lifestyle right away. L’Elegance is a stunning gated community located on the south end of Lido Key and offers resort amenities including a heated 85-foot lap pool, a luxurious spa with Gulf views, a children’s wading pool, two Har-Tru tennis courts, and a gym with dry saunas in both men’s and women’s locker rooms. Other amenities include beautifully renovated common areas, underground assigned parking, same floor owner storage unit and a beach equipment storage room for your kayaks and paddle boards, and onsite maintenance staff. The well maintained and well managed building has also had a recent structural engineering study with a report available. Close to St. Armand’s Circle and downtown Sarasota.

Last Agent to Sell the Property

Beverly St Hilaire

MICHAEL SAUNDERS & COMPANY License #3231988 Listed on: 12/02/2022

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Julie Klick

MICHAEL SAUNDERS & COMPANY License #3103707

Last Buyer's Agent

Melissa Killion

KELLER WILLIAMS ON THE WATER S License #3477241

KELLER WILLIAMS ON THE WATER S

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,937

Year Built

  • Built in 1996

Lot Details

  • Street terminates at a dead end
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $1,479 Monthly HOA Fees

Property Views

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 2,070 Sq Ft Home
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Tinted Windows
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Ground Level Parking
  • Circular Driveway
  • Secured Garage or Parking
  • Guest Parking
  • Reserved Parking
  • Deeded Parking

Outdoor Features

  • In Ground Pool
  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Exterior Lighting
  • Outdoor Storage
  • Wrap Around Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Water Filtration System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Aooocia Gulf Coast / Kathi Jones Association, Phone Number (941) 388-1819
  • L Elegance On Lido Beach Community
  • L Elegance On Lido Beach Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 11-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,937

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,479 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Pool, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2070
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 2900
  • Directions to Property: John Ringling to Benjamin Franklin Drive south to L Elegance. Show card at gate for entrance.
  • Status: Sold
  • Co List Office Mls Id: MFR281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 2 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1376.81
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Water Frontage Feet Beach: 410
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 11
  • Window Features: Tinted Windows, Window Treatments
  • Street Number Modifier: 1800
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 192.31
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Balcony, Lighting, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Wrap Around
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 410
  • Water Frontage Feet Beach Pub: 410

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Circular Driveway, Covered, Deeded, Ground Level, Guest, Reserved, Under Building

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Name: Aooocia Gulf Coast / Kathi Jones
  • Phone: 941-388-1819
  • Association: No
  • Security: Gated Community, Secured Garage / Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Two pets allowed, dogs or cats only, any size. Visitors may not have pets.
  • Building Name Number: L ELEGANCE
  • Condo Fees: 4437
  • Condo Land Included YN: 0
  • Max Pet Weight: 101
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1479
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 17748.00
  • Total Monthly Fees: 1479.00

Schools

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

Lot Info

  • Zoning: WFR
  • Parcel Number: 2017104011
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Street Dead-End, Paved
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Two month minimum, three times per year.

Tax Info

  • Tax Annual Amount: 18936.89
  • Tax Book Number: 31-12
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front
  • Approval Process: Contact listing agent for approval process.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Mar 20, 2023
Sold by
Pr & Dm Crimming Revocable Trust
Bought by
Gregory J Pusinelli Trust and Marie C Pusinelli Revocable Trust
Seller's Agent
Beverly St Hilaire
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Melissa Killion
KELLER WILLIAMS ON THE WATER S
List Price
$3,200,000
Sold Price
$2,850,000
Premium/Discount to List
-$350,000
-10.94%
Views
77
Current Estimated Value
$2,615,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$234,257
Avg. Annual Appreciation
-3.28%
Original Mortgage
$1,995,000
Outstanding Balance
$1,913,564
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$702,179

Purchase Details

Closed on
Jan 8, 2003
Sold by
Crimmins Philip R
Bought by
Crimmins Diane M

Purchase Details

Closed on
Feb 3, 2000
Sold by
Carusona Fred C
Bought by
Crimmins Philip R and Crimmins Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
8.02%
Source: Public Records

Range of Values:

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Average Value
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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
Gregory J Pusinelli Trust $2,850,000 None Listed On Document
Crimmins Diane M -- --
Crimmins Philip R $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory J Pusinelli Trust $1,995,000
Previous Owner Crimmins Philip R $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2023 03/20/23 Sold $2,850,000 -5.0% $1,377 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/02/2023 02/02/23 Price Changed $3,000,000 -6.3% $1,449 / Sq Ft
12/02/2022 12/02/22 For Sale $3,200,000 -- $1,546 / 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 $25,017 $2,261,400 -- $2,261,400
2023 $25,017 $1,970,800 $0 $1,970,800
2022 $21,665 $1,588,400 $0 $1,588,400
2021 $18,937 $1,200,200 $0 $1,200,200
2020 $16,907 $1,041,400 $0 $1,041,400
2019 $18,246 $1,128,300 $0 $1,128,300
2018 $18,357 $1,131,800 $0 $1,131,800
2017 $18,442 $1,121,560 $0 $0
2016 $17,114 $1,019,600 $0 $1,019,600
2015 $16,928 $1,004,600 $0 $1,004,600
2014 $15,292 $822,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4553940

Stellar MLS

APN: 2017-10-4011