$1,500,000
SOLD JUN 2, 2025

2050 Benjamin Franklin Dr Unit B304 Sarasota, FL 34236

Lido Key Neighborhood
3 Beds
3 Baths
2,936 Sq Ft
$5,568/mo HOA Fee

Recently Sold

$511 Per Sq Ft

46% Below List Price

88 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • 4-minute walk to South Lido County Park

About This Home

As of June 2025

Price Improvement! Experience refined coastal living at Orchid Beach Club, a prestigious community on the southern end of Lido Key. This elegantly designed residence offers 2,936 square feet of sophisticated beachfront living, featuring three en-suite bedrooms, spacious walk-in closets, and expansive terraces that seamlessly blend indoor and outdoor spaces. The primary suite is a true retreat, complete with private terrace access, spa-like bath with a glass-enclosed walk-in shower, soaking tub, bidet-equipped water closet, and dual vanities with a dedicated makeup area. The gourmet kitchen is perfect for both casual and formal gatherings, boasting a central island, gas cooktop, and charming breakfast nook. Designed with both luxury and practicality in mind, the home features a private elevator, soaring 11-foot ceilings, and custom finishes throughout. Elegant details such as crown molding, tile and wood flooring, and impact-rated windows and doors enhance both aesthetics and safety. Residents also enjoy the convenience of two designated under-building parking spaces and 24/7 gated security for ultimate peace of mind. Resort-Style Amenities include: State-of-the-art fitness center with sauna, steam room, massage room, beachside heated pool and spa with cabanas, a serene secret garden and dog run. The community spaces featuring a bar, catering kitchen, dining/conference room, game room, and library, two rentable guest suites for visitors and an on-site management for effortless living. This condo is ideally located near St. Armands Circle and just minutes from downtown Sarasota, Orchid Beach Club offers the perfect blend of luxurious beachfront tranquility and vibrant urban convenience. Don’t miss this incredible opportunity—schedule your private showing today!

Last Agent to Sell the Property

Jennifer Thompson

WILLIAM RAVEIS REAL ESTATE Brokerage Phone: 941-894-1255 License #3276423 Listed on: 01/09/2025

WILLIAM RAVEIS REAL ESTATE

Co-Listed By

Phyllis DiBlasi

WILLIAM RAVEIS REAL ESTATE Brokerage Phone: 941-894-1255 License #0635157

Last Buyer's Agent

Jennifer Thompson

WILLIAM RAVEIS REAL ESTATE Brokerage Phone: 941-894-1255 License #3276423 Listed on: 01/09/2025

WILLIAM RAVEIS REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,405

Year Built

  • Built in 2005

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Northeast Facing Home

HOA Fees

  • $5,568 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Portico
  • Basement Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Property Views

  • Beach
  • Partial Bay or Harbor
  • City

Home Design

  • Entry on the 3rd floor
  • Built-Up Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 2,936 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Shelving
  • Bar Fridge
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Dining Room
  • Home Office
  • Storage Room
  • Inside Utility

Kitchen

  • Breakfast Bar
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Split Vanities
  • Single Vanity
  • Bidet
  • Private Water Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Shower Only
  • Multiple Shower Heads
  • Built-In Shower Bench

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Gary Glass Association, Phone Number (941) 388-1502
  • Built by Ascentia Development Group
  • Orchid Beach Club Residences Community
  • Orchid Beach Club Residences Subdivision
  • On-Site Maintenance
  • 11-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Community Mailbox
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park

Pet Policy

  • Pets up to 150 lbs
  • 2 Pets Allowed

Security

  • Security Guard
  • Gated Community
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,405

Year Built

Built in 2005

Lot Details

0

HOA Fees

$5,568 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2936
  • Lot Size Acres: 3.08
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2936
  • Lot Size Sq Ft: 134130
  • Status: Sold
  • Co List Office Mls Id: MFR281541694
  • Co List Office Phone: 941-867-3901
  • Ownership: Condominium
  • Building Area Total Srch Sq M: 272.76
  • Escrow State: FL
  • Floor Number: 3
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 510.90
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • Condo Fees Term: Annual
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Water Access,Waterfront
  • Attribution Contact: 941-894-1255
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Travertine, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Elevator, High Ceilings, Open Floorplan, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 11
  • Window Features: Blinds, Drapes, Storm Window(s), Window Treatments
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 272.76

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: City, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Porch
  • Road Surface Type: Paved
  • Water Access: Beach,Gulf/Ocean
  • Water View: Beach,Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0137G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Electric Vehicle Charging Station(s), Garage Door Opener, Guest, Portico, Basement

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Community Mailbox, Dog Park, Fitness Center, Gated Community - Guard, Pool, Sidewalks
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Sauna, Security, Spa/Hot Tub
  • Association Name: Gary Glass
  • Phone: 941388-1502
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Please see Condo Docs.
  • Condo Fees: 66811
  • Condo Land Included YN: 1
  • Max Pet Weight: 150
  • Association Email: obc.generalmanager@gmail.com
  • Monthly Condo Fee Amount: 5568
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 66811.00
  • Total Monthly Fees: 5567.58

Schools

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

Lot Info

  • Zoning: WFR
  • Parcel Number: 2017155018
  • Additional Parcels: No
  • Flood Zone Code: AE

Building Info

  • Builder Name: Ascentia Development Group

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Docs.

Tax Info

  • Tax Annual Amount: 16405
  • Tax Block: 304
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean
  • Approval Process: See Condo Docs.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Jun 2, 2025
Sold by
Bolling William J
Bought by
Kurt Joseph Davies Living Trust and Davies
Seller's Agent
Jennifer Thompson
WILLIAM RAVEIS REAL ESTATE
Buyer's Agent
Jennifer Thompson
WILLIAM RAVEIS REAL ESTATE
List Price
$2,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$1,300,000
-46.43%
Views
25
Current Estimated Value
$1,695,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,140
Avg. Annual Appreciation
24.41%
Original Mortgage
$1,200,000
Outstanding Balance
$1,196,223
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$498,917

Purchase Details

Closed on
Mar 27, 2017
Sold by
Angers Ii Robert S
Bought by
Angers Ii Robert S

Purchase Details

Closed on
Jan 29, 2014
Sold by
Bolling William J and Bolling Jane M
Bought by
Bolling William J

Purchase Details

Closed on
Sep 16, 2005
Sold by
Orchid Beach Club Residences Llc
Bought by
Bolling William J and Bolling Jane M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,500,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Special Warranty Deed -- Attorney
Special Warranty Deed $895,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2025 06/02/25 Sold $1,500,000 -21.1% $511 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
02/06/2025 02/06/25 Price Changed $1,900,000 -24.0% $647 / Sq Ft
02/01/2025 02/01/25 Price Changed $2,500,000 -10.7% $851 / Sq Ft
01/09/2025 01/09/25 For Sale $2,800,000 -- $954 / 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
2025 $16,405 $1,156,274 -- --
2024 $15,954 $1,123,687 -- --
2023 $15,954 $1,090,958 $0 $0
2022 $15,612 $1,059,183 $0 $0
2021 $15,744 $1,028,333 $0 $0
2020 $15,928 $1,014,135 $0 $0
2019 $15,524 $991,334 $0 $0
2018 $15,275 $972,850 $0 $0
2017 $15,102 $952,840 $0 $0
2016 $15,144 $1,085,200 $0 $1,085,200
2015 $15,372 $1,069,200 $0 $1,069,200
2014 $15,359 $853,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4635037

Stellar MLS

APN: 2017-15-5018