NOT LISTED FOR SALE

L'Elegance 1800 Benjamin Franklin Dr Unit B806 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $2,341,000 - $2,596,000

3 Beds
3 Baths
2,070 Sq Ft
$907/mo HOA Fee

Last Sold November 13, 2017

Last sale price $1,595,000 $771 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $16,407/month

4 Days on Market

Highlights

  • 800 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 November 2017

Stunning Beach Front Condo with expansive views of the Gulf of Mexico and the Bay from your Gated/Guarded community. Come see this unique beauty which will certainly not disappoint the most pickiest buyer. Enjoy the sunset views from your wrap around balcony. Beautiful Marble Floors and Tile Floors throughout. Upgraded stainless steel Kitchen. Built-in Speakers in every room perfect for entertaining. All of the bathrooms have been upgraded with beautiful granite counter tops. Master Bedroom has an oversized walk-in closet with built in California Closets. Enjoy onsite direct beach access, clay tennis courts, 25 meter swimming pools with sundeck overlooking the beach and Gulf of Mexico, kiddy wading pool, hot tub, fitness room, club room, game room, inside storage unit for additional space, and designated underground parking for 1 car.

Last Agent to Sell the Property

Michelle Robles

ROBLES REALTY LLC License #665979 Listed on: 11/01/2017

Co-Listed By

Miriam Fernandez

ROBLES REALTY LLC License #BK3003311

Last Buyer's Agent

Susan Mitchell

MICHAEL SAUNDERS & COMPANY License #0556241

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,445

Year Built

  • Built in 1996

Lot Details

  • Private Beach
  • Public Beach
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $907 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Guest Parking

Property Views

Home Design

  • Entry on the 8th floor
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,070 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Breakfast Room
  • Storage Room
  • Inside Utility
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Customized Wheelchair Accessible

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Fixed Bridges
  • Exterior Lighting
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Tax Lot B806
  • Assessor Parcel Number 2017104071

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, recreational facilities, security, sewer, water
  • L'elegance On Lido Beach Community
  • L Elegance On Lido Beach Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 10-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,445

Year Built

Built in 1996

Lot Details

0

HOA Fees

$907 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Recreational Facilities, Security, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2070
  • New Construction: No
  • Year Built: 1996
  • Accessibility Features: Customized Wheelchair Accessible
  • Building Area Total: 2900
  • Directions to Property: From St. Armand's Circle, take the exit towards Lido Key. Travel south on Lido Key until you reach 1800 Ben Franklin Drive.
  • Status: Sold
  • Co List Office Mls Id: MFR55255
  • Co List Office Phone: 407-240-1614
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 8
  • List Office Head Office Key Nume: 1051711
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 770.53
  • Water Access YN: 1
  • Property Description: End Unit,Mid Rise
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Marble
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, Intercom, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Filter Owned
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 1800
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Foyer,Inside Utility,Storage Rooms
  • Living Area Meters: 192.31
  • Room Count: 6

Exterior Features

  • Other Structures: Storage, Tennis Court(s)
  • Pool Features: Heated, In Ground, Salt Water
  • Exterior Features: Balcony, Lighting, Storage, Tennis Court(s)
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Disclosures: Condominium Disclosure Available
  • Water Access: Beach - Access Deeded,Beach - Private,Beach - Public,Gulf/Ocean
  • Water Extras: Bridges - Fixed
  • Water Extras YN: 1
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 800
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0137F
  • Water Frontage Feet Gulf Ocean: 400
  • Water Frontage Feet Beach Prvt: 400

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Covered, Garage Door Opener, Guest, Secured, Underground

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Gated, Pool, Tennis Courts, Water Access
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 2722
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: No Dangerous Breeds
  • Association Fee Requirement: Required
  • Building Name Number: L'ELEGANCE
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0

Fee Information

  • Total Annual Fees: 10888.00
  • Total Monthly Fees: 907.33
  • Monthly HOA Amount: 907.33

Lot Info

  • Parcel Number: 2017104071
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Tenants are not allowed to have pets.

Tax Info

  • Tax Annual Amount: 9445
  • Tax Book Number: 31-12
  • Tax Lot: B806

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean
  • Approval Process: Fill out application and submit fee. Condo Association reviews for approval.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Nov 13, 2017
Sold by
Fernandez Miriam S and Fernandez Ivan A
Bought by
Southwick Susan B and Susan Southwick Living Trust
Seller's Agent
Michelle Robles
ROBLES REALTY LLC
Buyer's Agent
Susan Mitchell
MICHAEL SAUNDERS & COMPANY
List Price
$1,695,000
Sold Price
$1,595,000
Premium/Discount to List
-$100,000
-5.9%
Current Estimated Value
$2,498,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$903,789
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Feb 12, 1996
Sold by
Yale Prop Lido Key
Bought by
Ferguson Marvin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6.97%
Source: Public Records

Range of Values:

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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
Southwick Susan B $1,595,000 Attorney
Ferguson Marvin E $365,000 --
Fernandez Ivan A $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Ivan A $333,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2018 02/11/18 Off Market $1,595,000 -- --
11/13/2017 11/13/17 Sold $1,595,000 -5.9% $771 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $1,695,000 -- $819 / 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 $27,495 $1,668,156 -- --
2023 $27,495 $2,139,100 $0 $2,139,100
2022 $21,863 $1,604,400 $0 $1,604,400
2021 $19,097 $1,210,500 $0 $1,210,500
2020 $18,354 $1,132,200 $0 $1,132,200
2019 $19,812 $1,226,800 $0 $1,226,800
2018 $18,952 $1,169,100 $0 $1,169,100
2017 $9,385 $602,486 $0 $0
2016 $9,445 $1,053,200 $0 $1,053,200
2015 $9,585 $1,037,700 $0 $1,037,700
2014 $9,575 $572,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5544690

Stellar MLS

APN: 2017-10-4071