NOT LISTED FOR SALE

475 Benjamin Franklin Dr Unit 218 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $438,372 - $482,000

1 Bed
1 Bath
593 Sq Ft
$1,051/mo HOA Fee

Last Sold July 22, 2024

Last sale price $495,000 $835 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,101/month

136 Days on Market

Highlights

  • Heated Pool
  • 1.04 Acre Lot
  • Stone Countertops
  • Southside Elementary School Rated A
  • Open Floorplan
  • Elevator

About This Home

As of July 2024

Lido Beach vacation property is now available at Lido Dorset Condominium. FULLY FURNISHED!
1-bedroom, 1-bathroom, condo is steps away from the beach. The condo comes fully furnished and is ready to be used as your next vacation home or use the on-site management company to rent the condo. This second-floor unit has an open living area with a kitchen island and well stocked with all small appliances necessary to make your stay comfortable. A spacious bedroom (king size bed), sleeper sofa which allows 4 guests comfortably and generously furnished. Two entrances for convenience and one assigned parking spot. Intimate pool area with umbrellas and lounge chairs.

Lido Dorset is a 5-minute walk to St. Armonds Circle, which was formed by John Ringling himself in the late 1920’s. Enjoy shopping, restaurants, boutiques, nightlife and much more. Downtown Sarasota is a 5-minute drive across the Ringling Bridge or take the free Bay Runner Shuttle, which is located at the Lido Pavilion across the street from Lido Dorset. The Lido Pavilion includes a large pool and eating area adjacent to the Gulf of Mexico.

Last Agent to Sell the Property

Carrie Burdick

KW COASTAL LIVING III Brokerage Phone: 941-900-4151 License #3505138 Listed on: 02/23/2024

KW COASTAL LIVING III

Last Buyer's Agent

Kate Akerman

KELLER WILLIAMS ON THE WATER S License #3416983

KELLER WILLIAMS ON THE WATER S

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,663

Year Built

  • Built in 1963

Lot Details

  • Southwest Facing Home

HOA Fees

  • $1,051 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 593 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, pest control, trash, water
  • Luanne Association, Phone Number (941) 388-1404
  • Lido Dorset Community
  • Lido Dorset Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,663

Year Built

Built in 1963

Lot Details

0

HOA Fees

$1,051 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 593
  • Lot Size Acres: 1.04
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 593
  • Lot Size Sq Ft: 45506
  • Directions to Property: Drive west on John Ringling Blvd to St Armands circle continuing on John Ringling Blvd turn left on Benjamin Franklin Drive. Continue onto Tyler Drive. Parking lot on Right.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 834.74
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-900-4151
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 475
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 55.09
  • Room Count: 3

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Heated
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sidewalk
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: Common Area, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool
  • Association Amenities: Cable TV, Elevator(s), Laundry, Pool
  • Association Name: Luanne
  • Phone: 9413881404
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Building Name Number: LIDO DORSET
  • Condo Fees: 3153
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: luanne@lidodorset.com
  • Monthly Condo Fee Amount: 1051

Fee Information

  • Total Annual Fees: 12612.00
  • Total Monthly Fees: 1051.00

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2016051036
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 4228

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Rental Information: *7-night minimum stay *February/March 30-night minimum stay Sales application required with $100 application fee for potential Buyers.
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 5663.26
  • Tax Book Number: 1251-773
  • Tax Lot: 0

Multi Family

  • Approval Process: Check with Association, Agent to verify costs with Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jul 19, 2024
Sold by
Mb Lido Properties Llc
Bought by
Troyer Lydell Eugene and Troyer Karmen Renee
Seller's Agent
Carrie Burdick
KW COASTAL LIVING III
Buyer's Agent
Kate Akerman
KELLER WILLIAMS ON THE WATER S
List Price
$535,000
Sold Price
$495,000
Premium/Discount to List
-$40,000
-7.48%
Views
63
Current Estimated Value
$466,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,063
Avg. Annual Appreciation
-5.15%

Purchase Details

Listed on
Mar 10, 2021
Closed on
May 21, 2021
Sold by
Rozan Wayne and Farley Belinda J
Bought by
Mb Lido Properties Llc
Seller's Agent
Gary Wilkinson
VETERANS REALTY INC.
Buyer's Agent
Christina Pitchford, PA
SUNCOAST HOMES & DREAMS
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%
Original Mortgage
$195,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jun 9, 2017
Sold by
Christ Penny W
Bought by
Rozan Wayne and Farley Belinda J
Seller's Agent
Camille Buck
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$229,900
Sold Price
$212,000
Premium/Discount to List
-$17,900
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
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
Troyer Lydell Eugene $495,000 None Listed On Document
Mb Lido Properties Llc $310,000 Attorney
Rozan Wayne $2,120,000 Gulf Breeze Title Of Sarsota
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mb Lido Properties Llc $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $495,000 -2.0% $835 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/07/2024 06/07/24 Price Changed $505,000 -3.8% $852 / Sq Ft
05/13/2024 05/13/24 Price Changed $525,000 -1.9% $885 / Sq Ft
04/23/2024 04/23/24 Price Changed $535,000 0.0% $902 / Sq Ft
04/23/2024 04/23/24 For Sale $535,000 -1.8% $902 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $545,000 +75.8% $919 / Sq Ft
05/22/2021 05/22/21 Sold $310,000 0.0% $523 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $310,000 0.0% $523 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $310,000 +46.2% $523 / Sq Ft
08/17/2018 08/17/18 Off Market $212,000 -- --
06/09/2017 06/09/17 Sold $212,000 -7.8% $358 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $229,900 -- $388 / 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 $5,663 $381,000 -- $381,000
2023 $5,663 $407,400 $0 $407,400
2022 $4,882 $315,400 $0 $315,400
2021 $3,541 $217,500 $0 $217,500
2020 $3,672 $220,200 $0 $220,200
2019 $3,156 $195,600 $0 $195,600
2018 $2,810 $166,100 $0 $166,100
2017 $2,636 $153,700 $0 $153,700
2016 $2,606 $148,600 $0 $148,600
2015 $2,450 $136,000 $0 $136,000
2014 $2,732 $144,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4599530

Stellar MLS

APN: 2016-05-1036