NOT LISTED FOR SALE

L'Elegance 1800 Benjamin Franklin Dr Unit B606 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $2,522,000 - $2,787,000

3 Beds
3 Baths
2,070 Sq Ft
$1,835/mo HOA Fee

Last Sold April 19, 2024

Last sale price $2,870,000 $1,386 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $17,109/month

67 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Gated Community
  • Southside Elementary School Rated A
  • Fitness Center
  • 5.09 Acre Lot

About This Home

As of April 2024

Premier Beachfront living with the best panoramic view on Lido Key! 6th floor CORNER unit at L'Elegance on Lido Beach with amazing Gulf Front Views is available for the first time on the market! Over 2,000+ square feet of living space inside your new beachfront retreat that is ready to be transformed. Enjoy your 590 square feet of Private wrap-around Terrace space overlooking the Gulf! This fantastic floor-plan offers open living with impressive Gulf views from almost every room and floor to ceiling glass sliders. The bright and spacious Living/Dining combo is sure to wow your visitors with unrivaled Sunset views nightly. Your large Kitchen space has views of downtown Sarasota and the Sarasota Bay. The oversized Primary Suite features a large walk-in closet and massive bathroom. Two sizable guest Bedrooms, one which is being used as an Office space can easily be converted back to a bedroom along with two full guests Bathrooms. L'Elegance is located on 400-feet of pristine Lido Key with secure garage parking under the building, storage unit, manned gated entry, and on site management. Top tier amenities include a Fitness Center, Har-Tru Tennis Courts, an 85 foot heated Pool, Spa, Game Room, large Gulf-front deck, and Clubhouse. This well maintained and well managed building is pet friendly. Conveniently located close to downtown Sarasota and St Armands Circle.

Last Agent to Sell the Property

Josh Mills

FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3338370 Listed on: 01/11/2024

FINE PROPERTIES

Last Buyer's Agent

Debra Lichter

SARASOTA BEACH TO BAY INC License #3235801

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,578

Year Built

  • Built in 1996

Lot Details

  • East Facing Home

HOA Fees

  • $1,835 Monthly HOA Fees

Parking

  • Garage Door Opener
  • Reserved Parking

Property Views

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, recreational facilities, security, sewer, trash, water
  • Associa Gulf Coast Association, Phone Number (941) 388-1819
  • L Elegance On Lido Beach Community
  • L Elegance On Lido Beach Subdivision

Amenities

  • Elevator

Recreation

  • Community Spa

Pet Policy

  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,578

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,835 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2070
  • Lot Size Acres: 5.09
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 2900
  • Directions to Property: Ringling Blvd to St Armands Circle- straight at circle to Ben Franklin Dr. L'Elegance will be on the right near the end of Lido.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 6
  • List Office Head Office Key Nume: 1047148
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1386.47
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,High Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-782-0000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1800
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 192.31
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Concrete, Membrane
  • Pool Private: No
  • View: City, Pool, Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full,Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated Community - Guard, Pool, Tennis Courts
  • Association Amenities: Elevator(s), Fitness Center, Gated, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Associa Gulf Coast
  • Phone: 941-388-1819
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Limit 2 animals- dogs and cats. Visitors pets are not allowed.
  • Association Fee Requirement: Required
  • Building Name Number: L'ELEGANCE ON LIDO
  • Condo Fees: 5504
  • Condo Land Included YN: 0
  • Max Pet Weight: 999
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: rvisser@associagulfcoast.com
  • Monthly Condo Fee Amount: 1835
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 22016.00
  • Total Monthly Fees: 1834.67

Lot Info

  • Zoning: WFR
  • Parcel Number: 2017104051
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 90 day minimum- 2x a year.

Tax Info

  • Tax Annual Amount: 9578.49
  • Tax Book Number: 31-12
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: Confirm with Office Management

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Apr 19, 2024
Sold by
Arnold S Zackin Trust and Ruth L Zackin Trust
Bought by
Tomasbi Nader and Tomasbi Vicki L
Seller's Agent
Josh Mills
FINE PROPERTIES
Buyer's Agent
Debra Lichter
SARASOTA BEACH TO BAY INC
List Price
$3,000,000
Sold Price
$2,870,000
Premium/Discount to List
-$130,000
-4.33%
Views
52
Current Estimated Value
$2,661,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$208,084
Avg. Annual Appreciation
-2.90%

Purchase Details

Closed on
Jan 21, 2014
Sold by
Zackin Ruth L
Bought by
Zackin Ruth L and Ruth L Zackin Trust

Purchase Details

Closed on
Feb 26, 1996
Sold by
Yale Prop Lido Key
Bought by
Zackin Ruth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.03%
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
Tomasbi Nader $2,870,000 None Listed On Document
Zackin Ruth L -- None Available
Zackin Ruth L $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zackin Ruth L $270,000
Previous Owner Zackin Ruth L $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $2,870,000 -4.3% $1,386 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $3,000,000 -- $1,449 / 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 $9,578 $2,210,600 -- $2,210,600
2023 $9,578 $660,778 $0 $0
2022 $9,308 $641,532 $0 $0
2021 $9,376 $622,847 $0 $0
2020 $9,481 $614,248 $0 $0
2019 $9,235 $600,438 $0 $0
2018 $9,083 $589,242 $0 $0
2017 $8,977 $577,122 $0 $0
2016 $9,038 $1,042,000 $0 $1,042,000
2015 $9,172 $1,026,600 $0 $1,026,600
2014 $9,162 $548,638 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4594934

Stellar MLS

APN: 2017-10-4051