NOT LISTED FOR SALE

2050 Benjamin Franklin Dr Unit B1004 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $2,592,000 - $3,620,000

3 Beds
3.5 Baths
2,936 Sq Ft
$1,553/mo HOA Fee

Last Sold November 01, 2017

Last sale price $2,062,500 $702 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $20,262/month

208 Days on Market

Highlights

  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Public Beach
  • 4-minute walk to South Lido County Park

About This Home

As of November 2017

A gem in South Lido! Walls of views! Three balconies on the 10th floor of this luxury condominium on the southern end of Lido Key, offering views of downtown Sarasota, the Gulf, Ted Sperling Nature Park, Lido Key, and Siesta Key. Brew coffee at the coffee bar in the master suite, then step out onto a balcony through one of your 8.5 foot tall hurricane-rated sliding doors. Fix breakfast in your Neff kitchen, with its high-gloss cabinetry (enhanced by 9 sliding shelves), tray ceiling, 6-burner Dacor gas cooktop, electric double ovens and warming drawer, Sub Zero refrigerator and Bosch dishwasher. Enjoy the Orchid Beach club gym, sauna, massage table, game room, library, pool, and of course, the beach. Go for a walk along the beach, down Benjamin Franklin Drive, or to the county park for kayaking or paddle boarding. You are minutes from St. Armand’s Circle for shopping, dining out, people- watching and special events. A few minutes more and you’re downtown for the shops, live theater, concerts, specialty restaurants and more. Want to eat –in? You have a grill on the balcony outside your kitchen. Want the view, but not full sun? Lower your solar shades. Theses shades, along with recessed LED lighting, your energy-star washer and the bamboo flooring in two bedrooms are among the “green” features of your new home, where the elevator opens into your foyer and you park in a bright garage (two reserved spaces).

Last Agent to Sell the Property

Peter Salefsky

MICHAEL SAUNDERS & COMPANY License #3265779 Listed on: 01/30/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

James Portman

ZACHOS REALTY & DESIGN GROUP License #3226386

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,324

Year Built

  • Built in 2005

Lot Details

  • Public Beach
  • West Facing Home
  • Dog Run
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $1,553 Monthly HOA Fees

Parking

  • Secured Garage or Parking

Property Views

  • White Water Ocean
  • Beach
  • Intracoastal
  • Partial Bay or Harbor
  • Lagoon

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,936 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Storage Room
  • Laundry in unit

Kitchen

  • Built-In Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Bamboo
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Block 1004
  • Assessor Parcel Number 2017155032

Community Details

Overview

  • Association fees include pool, escrow reserves fund, fidelity bond, gas, insurance, maintenance structure, ground maintenance, recreational facilities, security, sewer, trash, water
  • Orchid Beach Club Residences Community
  • Orchid Beach Club Residences Subdivision
  • The community has rules related to deed restrictions
  • 11-Story Property

Amenities

  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,324

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,553 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Fidelity Bond, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2936
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 3552
  • Directions to Property: Tamiami Trail to John Ringling Bridge, around St. Armand's Circle to Lido Key, follow Benjamin Franklin Drive to the end of Lido Key, Orchid Beach Club on the right.
  • Status: Sold
  • Co List Office Mls Id: MFR281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 10
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 702.49
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit,Corner Unit,High Rise
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Carpet, Marble
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceilings, Open Floorplan, Solid Wood Cabinets, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Microwave, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 11
  • Window Features: Window Treatments
  • Street Number Modifier: 2050
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Storage Rooms
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Other Structures: Kennel/Dog Run, Outdoor Kitchen
  • Pool Features: In Ground
  • Exterior Features: Sliding Doors, Balcony, Dog Run, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water Access: Beach - Public,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Beach,Gulf/Ocean - Partial,Intracoastal Waterway,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0137F

Garage/Parking

  • Parking Features: Assigned, Covered, Secured, Underground

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Pool, Water Access
  • Association Amenities: Fitness Center, Gated, Recreation Facilities, Security, Spa/Hot Tub, Storage
  • Association: No
  • Security: Fire Sprinkler System, Gated Community, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: Leash laws apply.
  • Association Fee Requirement: None
  • Building Name Number: 2050
  • Condo Fees: 4659
  • Condo Land Included YN: 0
  • Max Pet Weight: 100
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1553
  • Pet Size: Extra Large (101+ Lbs.)

Lot Info

  • Zoning: WFR
  • Parcel Number: 2017155032
  • Additional Parcels: No
  • Lot Features: City Limits
  • Flood Zone Code: AE
  • Homestead YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo docs

Tax Info

  • Tax Annual Amount: 26324
  • Tax Block: 1004
  • Tax Lot: 0

Multi Family

  • Approval Process: $100.00 application fee submitted with application to Association for approval

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2018
Sold by
Fandos Charles W and Fandos Susan S
Bought by
Fandos Charles W and Fandos Susan S
Current Estimated Value
$3,046,995

Purchase Details

Listed on
Jan 30, 2017
Closed on
Nov 1, 2017
Sold by
Morris Janice F
Bought by
Fandos Susan S and Susan S Fandos Revocbale Living Trust
Seller's Agent
Peter Salefsky
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
James Portman
ZACHOS REALTY & DESIGN GROUP
List Price
$2,200,000
Sold Price
$2,062,500
Premium/Discount to List
-$137,500
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
May 23, 2014
Sold by
Islam Sarfraz A
Bought by
Morris Janice F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2007
Sold by
Islam Sarfraz A
Bought by
Islam Sarfraz A and Sarfraz A Islam Revocable Trust
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
Fandos Charles W -- Attorney
Fandos Charles W -- Attorney
Fands Susan S -- Attorney
Fandos Susan S $2,062,500 Attorney
Morris Janice F $2,000,000 None Available
Islam Sarfraz A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Janice F $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $2,062,500 -- --
11/01/2017 11/01/17 Sold $2,062,500 -6.3% $702 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $2,200,000 -- $749 / 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 $25,662 $1,797,755 -- --
2023 $25,662 $1,745,393 $0 $0
2022 $25,064 $1,694,556 $0 $0
2021 $25,317 $1,645,200 $0 $1,645,200
2020 $30,482 $1,927,230 $0 $0
2019 $29,719 $1,883,900 $0 $1,883,900
2018 $26,352 $1,628,000 $0 $1,628,000
2017 $25,981 $1,628,000 $0 $1,628,000
2016 $26,324 $1,628,000 $0 $1,628,000
2015 $26,726 $1,604,000 $0 $1,604,000
2014 $23,772 $1,280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Peter Salefsky

    Michael Saunders

    (941) 724-5107

    1 in this area

    31 Total Sales

    Peter Salefsky
    Section Image

  • J

    Buyer's Agent in 2017

    James Portman

    ZACHOS REALTY & DESIGN GROUP

    (941) 556-0500

    11 Total Sales

    James Portman
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4176055

Stellar MLS

APN: 2017-15-5032

Florida Sarasota County Sarasota 34236 Lido Key

2050 Benjamin Franklin Dr Unit B1004, Sarasota, FL

This home is located at 2050 Benjamin Franklin Dr Unit B1004, Sarasota, FL 34236 since 30 January 2017 and is currently estimated at $3,046,995, approximately $1,037 per square foot. This property was built in 2005. 2050 Benjamin Franklin Dr Unit B1004 is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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