NOT LISTED FOR SALE

555 Benjamin Franklin Dr Unit 2 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,014,000 - $1,644,000

3 Beds
2.5 Baths
1,780 Sq Ft
435,600 Sq Ft Lot

Sale Details

Date Sold: March 16, 2015

Last sale price $650,000 $365 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $8,361 / mo

174 Days on Market

Highlights

  • 500 Feet of Waterfront
  • Water access To Gulf or Ocean
  • In Ground Pool
  • Southside Elementary School Rated A
  • Public Beach
  • 3-minute walk to Lido Key Beach

About This Home

As of March 2015

Incredible location and breathtaking views of the gulf set this walk up townhome apart from anything else at this price point. Enjoy an evening walk to St Armand’s Circle for dinner or relish a magnificent sunset over Lido Beach from one of the two westward facing balconies. The property is being sold furnished and has been re-painted throughout with the carpeting replaced at the same time in August 2014. Concrete balconies were replaced in July 2014 and the assessment has been paid by the current owners. An attached garage with electronic door opener and an interior entrance provide security for you and your guests when arriving home after dark. Spacious master bedroom and two guest rooms are on the third level providing a buffer for guests or family members trying to sleep or rest while others are enjoying the living space on the second level. Though the current owners have never used this property as a rental, the rental income potential is significant and should be explored further by those buyers interested in an investment/income producing property.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,835

Year Built

  • Built in 1984

Lot Details

  • 500 Feet of Waterfront
  • Property fronts gulf or ocean
  • Public Beach
  • West Facing Home
  • Zero Lot Line

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Full Gulf or Ocean
  • Pool

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,780 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2016054002

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, private road, trash
  • Sand Dollar Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 40 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,835

Year Built

Built in 1984

Lot Details

10 Acres

HOA Fees

$667 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Private Road, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1780
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 2855
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 365.17
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More, Two
  • Stories: 3
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Sliding Doors, Balcony
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available, Lead Paint
  • Water Access: Beach - Public,Gulf/Ocean
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 500

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Water Access
  • Association Fee: 2000
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Pet Restrictions: 1 pet 40lbs max
  • Association Fee Requirement: Required
  • Max Pet Weight: 40
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Monthly HOA Amount: 666.67

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2016054002
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, City Limits, Paved, Zero Lot Line

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 6835
  • Tax Book Number: 1714-2004
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2014
Closed on
Mar 16, 2015
Sold by
Hinshaw Thomas G and Hinshaw Leslie F
Bought by
Caufield Peter and Caufield Jeanine
List Price
$749,000
Sold Price
$650,000
Premium/Discount to List
-$99,000
-13.22%
Current Estimated Value
$1,288,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,935
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Oct 23, 2006
Sold by
Hinshaw Thomas G and Vera J Hinshaw Florida Residen
Bought by
Hinshaw Leslie F and Hinshaw Thomas G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caufield Peter -- Attorney
Caufield Peter -- Attorney
Caufield Peter -- Attorney
Caufield Peter $650,000 Attorney
Hinshaw Leslie F -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $650,000 -- --
03/16/2015 03/16/15 Sold $650,000 -6.5% $365 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
02/17/2015 02/17/15 Price Changed $695,000 -4.1% $390 / Sq Ft
11/20/2014 11/20/14 Price Changed $725,000 -3.2% $407 / Sq Ft
08/29/2014 08/29/14 For Sale $749,000 -- $421 / Sq Ft
Source: Stellar MLS

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 $9,031 $639,227 -- --
2024 $8,760 $621,212 -- --
2023 $8,760 $603,118 $0 $0
2022 $9,469 $650,651 $0 $0
2021 $9,531 $631,700 $0 $631,700
2020 $9,669 $625,000 $0 $625,000
2019 $10,003 $647,700 $0 $647,700
2018 $12,067 $736,300 $0 $736,300
2017 $11,491 $693,400 $0 $693,400
2016 $10,995 $647,600 $0 $647,600
2015 $8,464 $508,000 $0 $508,000
2014 $7,732 $380,000 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: A4104207

Stellar MLS

APN: 2016-05-4002

Florida Sarasota County Sarasota 34236 Lido Key

555 Benjamin Franklin Dr Unit 2, Sarasota, FL

Not Listed for Sale

Condos

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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

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