NOT LISTED FOR SALE

The Orchid Beach Club 2050 Benjamin Franklin Dr Unit B1004 Sarasota, FL 34236

Lido Key Neighborhood

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

3 Beds
3 Baths
2,936 Sq Ft
$1,597/mo HOA Fee

Last Sold May 27, 2014

Last sale price $2,000,000 $681 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $20,306/month

107 Days on Market

Highlights

  • Spa
  • End Unit
  • Subterranean Parking
  • Southside Elementary School Rated A
  • Balcony
  • 4-minute walk to South Lido County Park

About This Home

As of May 2014

Fabulous residence at The Orchid Beach Club for luxury on the Beach and Gulf of Mexico. World-class amenities include 24/7 security, concierge, Gulf-front heated pool and spa, state-of-the-art fitness center, massage room, suana/steam rooms, social room & catering kitchen plus a dining room that seats up to 35 at table, fireside library, game room, and a super dog run- pets allowed! Located on Lido Key, just minutes to St. Armands Circle, and 6 minutes to downtown arasota for fine dining, shopping & library, Longboat Key Club is 10 minutes away for golf, tennis, boating and restaurants. Sarasota airport is just 15 minutes away, Tampa is a one hour drive.

Last Agent to Sell the Property

Sylvia Babineau

MY REALTY COMPANY License #3003599 Listed on: 01/31/2014

Last Buyer's Agent

Sue Brown

LIMBO COMPANY SARASOTA ASSOC License #0365522

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,399

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Dog Run
  • Zero Lot Line

HOA Fees

  • $1,597 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Open Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,936 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Customized Wheelchair Accessible

Outdoor Features

  • Spa
  • Balcony
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot B1004
  • Assessor Parcel Number 2017155032

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, fidelity bond, maintenance structure
  • High-Rise Condominium
  • Orchid Beach Club Residences Community
  • Orchid Beach Club Residences Subdivision
  • 11-Story Property

Recreation

  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,399

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,597 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2936
  • New Construction: No
  • Year Built: 2005
  • Accessibility Features: Customized Wheelchair Accessible
  • Building Area Total: 3552
  • Directions to Property: St Armands Circle to Lido Beach to south end. Guard house attendant will direct to lobby to meet listing agent
  • Status: Sold
  • Floor Number: 10
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 8374
  • Property Description: Corner Unit, End Unit, High Rise
  • Ratio: Close Price\List Price: 1.00251
  • Price per Sq Ft: 681.2
  • Close to Original List Price Ratio: 1.00251
  • Ratio: Current Price\Building Area Total: 563.06
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 11
  • Street Number Modifier: 2050
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Kennel/Dog Run
  • Exterior Features: Balcony, Dog Run, Outdoor Grill, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Underground
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Public
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 4792.16
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 19168.64
  • Monthly HOA Fee: 1597.39
  • Total Monthly Fees: 1597.39

Lot Info

  • Zoning: WFR
  • Parcel Number: 2017155032
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Pet Restrictions: No aggressive breeds
  • Expected Lease Date: 2014-05-27T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 22399
  • Tax Book Number: 0038/0010
  • Tax Lot: B1004

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

Closed on
Nov 1, 2017
Sold by
Morris Janice F
Bought by
Fandos Susan S and Susan S Fandos Revocbale Living Trust

Purchase Details

Listed on
Jan 31, 2014
Closed on
May 23, 2014
Sold by
Islam Sarfraz A
Bought by
Morris Janice F
Seller's Agent
Sylvia Babineau
MY REALTY COMPANY
Buyer's Agent
Sue Brown
LIMBO COMPANY SARASOTA ASSOC
List Price
$1,995,000
Sold Price
$2,000,000
Premium/Discount to List
$5,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
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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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
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
05/27/2014 05/27/14 Sold $2,000,000 +0.3% $681 / Sq Ft
05/23/2014 05/23/14 Price Changed $1,995,000 +11.1% $679 / Sq Ft
05/23/2014 05/23/14 Price Changed $1,795,000 -10.0% $611 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $1,995,000 -- $679 / 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

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Map

Source: Stellar MLS

MLS Number: A3991991

Stellar MLS

APN: 2017-15-5032