NOT LISTED FOR SALE

L'Elegance 1800 Benjamin Franklin Dr Unit B409 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $2,280,000 - $2,592,000

3 Beds
3 Baths
2,230 Sq Ft
$950/mo HOA Fee

Last Sold October 26, 2018

Last sale price $1,400,000 $628 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $16,547/month

61 Days on Market

Highlights

  • 410 Feet of Waterfront
  • Beach View
  • Private Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of October 2018

SUNRISE TO SUNSETS! Call this tropical beach paradise home today! As you drive through the gated parkway you instantly feel at home. The grounds are immaculately kept w/lush tropical landscaping. This floor plan is a rare gem that provides through views of the Gulf of Mexico & SRQ Bay. As you enter the residence you have a large open living/dining area to gather w/friends/family. Access from the living room to the terrace overlooking the Gulf & palm trees provide an abundance of natural light & views to delight. Off the living room is the master BR w/epic sunset views year-round & access to the Gulf terrace. The master BA is the perfect place to unwind w/dual sinks, soaking tub, & stand-alone shower. The kitchen, on the Bay side, has updated stainless-steel appliances & breakfast area w/access to the Bay terrace. Laundry is just off the kitchen. The 2nd bedroom study has access to the Bay terrace. The 3rd BR en suite has access to the Bay terrace, views of the bay, skyline & exploding sunrises over the city of Sarasota. The pool, spa & sun deck overlook the turquoise blue waters of the Gulf of Mexico & private access to Lido Beach. The residence comes w/garage parking under building. 2 pets welcome, no weight limit. Other amenities include tennis courts, fitness center, & social events/outings for residents. A prime location just steps to boutique St Armands Circle to enjoy shopping, dining.Downtown Sarasota provides more venues to enjoy such as: opera, theater, museums, dining, & drinks.

Last Agent to Sell the Property

Judy Kepecz-Hays

COLDWELL BANKER REALTY License #0318608 Listed on: 07/12/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Mark Coppens

EXP REALTY LLC License #3340198

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,198

Year Built

  • Built in 1996

Lot Details

  • Private Beach
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $950 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking

Property Views

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Dry Bar
  • Crown Molding
  • Ceiling Fan
  • Insulated Windows
  • Shutters
  • Blinds
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Kathie Jones Association, Phone Number (941) 388-1819
  • High-Rise Condominium
  • L'elegance On Lido Beach Community
  • L Elegance On Lido Beach Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • Rental Restrictions

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets up to 150 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,198

Year Built

Built in 1996

Lot Details

0

HOA Fees

$950 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2230
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 2570
  • Directions to Property: From St. Armands Circle, take Lido Beach exit to left on Benjamin Franklin Drive and continue South to 1800 Benjamin Franklin Drive.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4408201&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4408201&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.90323
  • Price per Sq Ft: 627.8
  • Close to Original List Price Ratio: 0.82353
  • Ratio: Current Price\Building Area Total: 544.75
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Dry Bar, Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Insulated Windows, Shutters
  • Street Number Modifier: 1800
  • Room Count: 5
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Tennis Court(s)
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Shower, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Partial, Beach, Gulf/Ocean - Full
  • 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
  • Waterfront Frontage: 410
  • Water Frontage Feet Gulf Ocean: 410
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public
  • 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: Association Recreation - Owned, Buyer Approval Required, Fitness, Gated Community, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Kathie Jones
  • Phone: 941.388.1819
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2850
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 950
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 11400
  • Total Monthly Fees: 950

Schools

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

Lot Info

  • Parcel Number: 2017104034
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 150
  • Minimum Lease: 3 Months
  • Approval Process: Maximum 3 month lease, twice a year. Approval required, tenants no pets.
  • Num Timesper Year: 2
  • Pet Restrictions: 2 pets allowed, no weight limit. Only cats and dogs. Tenants NO pets.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Maximum 3 month lease, twice a year. Approval required, tenants no pets.

Tax Info

  • Tax Annual Amount: 19198
  • Tax Book Number: 31-12
  • Tax Lot: B409

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Sexson Gary D and Sexson Sharon M
Bought by
Garron Properties Llc
Current Estimated Value
$2,429,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,099,000
Outstanding Balance
$1,007,917
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,572,212

Purchase Details

Closed on
Mar 5, 2021
Sold by
Garron Properties Llc
Bought by
Sexson Gary D and Sexson Sharon M

Purchase Details

Listed on
Jul 12, 2018
Closed on
Dec 1, 2018
Sold by
Sexson Gary D and Sexson Sharon M
Bought by
Garron Properties Llc
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
Mark Coppens
EXP REALTY LLC
List Price
$1,700,000
Sold Price
$1,400,000
Premium/Discount to List
-$300,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$1,120,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2018
Closed on
Oct 26, 2018
Sold by
Murray Roderick Charles
Bought by
Sexson Gary D and Sexson Sharon M
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
Mark Coppens
EXP REALTY LLC
List Price
$1,700,000
Sold Price
$1,400,000
Premium/Discount to List
-$300,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2011
Closed on
Jun 29, 2012
Sold by
Phillips Edward J and Phillips Edith M
Bought by
Murray Roderick Charles
Seller's Agent
Liza Knipe
RE/MAX PLATINUM
Buyer's Agent
Liza Knipe
RE/MAX PLATINUM
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$800,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 18, 2011
Sold by
Phillips Charles E and Phillips Dorothea D
Bought by
Phillips Charles E and Phillips Dorothea D

Purchase Details

Closed on
Aug 26, 1998
Sold by
Phillips Edward J
Bought by
Phillips Edward J and Phillips Edith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.92%

Purchase Details

Closed on
Feb 15, 1996
Sold by
Yale Prop Lido Key
Bought by
Phillips Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Garron Properties Llc -- None Available
Sexson Gary D -- None Available
Garron Properties Llc -- Attorney
Sexson Gary D $1,400,000 Attorney
Murray Roderick Charles $1,000,000 Attorney
Phillips Charles E -- None Available
Phillips Edward J -- --
Phillips Edward J $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sexson Gary D $1,099,000
Previous Owner Sexson Gary D $1,120,000
Previous Owner Murray Roderick Charles $800,000
Previous Owner Phillips Edward J $50,000
Previous Owner Phillips Edward J $295,000
Previous Owner Phillips Edward J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $1,400,000 -9.7% $628 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
07/21/2018 07/21/18 Price Changed $1,550,000 -8.8% $695 / Sq Ft
07/12/2018 07/12/18 For Sale $1,700,000 +70.0% $762 / Sq Ft
06/29/2012 06/29/12 Sold $1,000,000 0.0% $448 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
08/04/2011 08/04/11 For Sale $1,000,000 -- $448 / 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 $26,156 $1,826,374 -- --
2023 $26,156 $1,863,400 $0 $1,863,400
2022 $22,816 $1,509,400 $0 $1,509,400
2021 $18,261 $1,155,300 $0 $1,155,300
2020 $17,542 $1,080,000 $0 $1,080,000
2019 $18,584 $1,148,300 $0 $1,148,300
2018 $19,635 $1,210,700 $0 $1,210,700
2017 $19,198 $1,210,700 $0 $1,210,700
2016 $17,078 $1,090,700 $0 $1,090,700
2015 $18,065 $1,074,600 $0 $1,074,600
2014 $16,315 $879,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4408201

Stellar MLS

APN: 2017-10-4034