$1,385,000
SOLD DEC 9, 2024

555 Benjamin Franklin Dr Unit 3 Sarasota, FL 34236

Lido Key Neighborhood
3 Beds
2.5 Baths
1,780 Sq Ft
$1,167/mo HOA Fee

Recently Sold

$778 Per Sq Ft

13% Below List Price

146 Days on Market

Highlights

  • Beach Access
  • Property fronts gulf or ocean
  • Open Floorplan
  • Southside Elementary School Rated A
  • Partial Gulf or Ocean Views
  • Stone Countertops

About This Home

As of December 2024

Welcome to your coastal retreat!
Positioned in an intimate enclave of nine residences, directly across from and just a “stones throw’ from the beach. This 3 bedroom 2 ½ bath, tri-level townhome “Lives Large” and includes Gulf Views! With 1780 SF, this may be the perfect retreat for your full time sanctuary, vacation haven or investment opportunity.
Designed with entertaining in mind, the open, light filled spacious layout seamlessly connects the kitchen, dining and living areas. Through the “wall of glass” you find yourself on the expansive lanai – a place to relax, rejuvenate or simply unwind and savor the sunsets.
The beautifully appointed kitchen is sure to impress the most discerning chef. Featuring solid, open and glass display cabinetry, stainless appliances, granite counters, sliding stainless wire storage racks and plantation shutters. With generous breakfast bar, eat in kitchen, and half bath, this may become a gathering place.
Featuring a primary bedroom with updated ensuite bath, double closets and an expansive private lanai, you may find this the place to linger before you begin your day, or the perfect backdrop to finish your day complete with the sunset filled sky.
The second and third bedrooms and updated bath offer great space for family and friends, workout or office space. You will appreciate the convenience of the in residence separate laundry closet with washer and dryer.
Coveted 2 car oversized garage offers area for additional storage or hobby area, exterior patio allows for private “man cave”, grilling area, herb garden to accent culinary delights or a place to stop and smell the roses!
You will appreciate the updates, custom lighting, new impact windows, sliders and AC. Completed Milestone report will give peace of mind to know you are in a well maintained community.
Enjoy mornings walking the beach, days spent at the pool surrounded by lush landscaping, kayaking through the mangroves, or enjoy a short walk or ride to St Armands Circle to enjoy the energy, relish coffee, dining or shopping. Ready to explore? Enjoy the Free Bay Runner island trolley, Saturday farmers market, downtown art galleries, art shows and treasures or events at the Bay and Downtown.
Ready to live the good life? The location, lifestyle and beach are calling!

Last Agent to Sell the Property

Kathryn Scott

COLDWELL BANKER REALTY Brokerage Phone: 941-388-3966 License #0657911 Listed on: 06/21/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,176

Year Built

  • Built in 1984

Lot Details

  • Property fronts gulf or ocean
  • East Facing Home

HOA Fees

  • $1,167 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Ground Level Parking

Property Views

  • Partial Bay or Harbor
  • Pool

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

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

Kitchen

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

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, internet, ground maintenance, pest control, trash, water
  • Vicky Scott Association, Phone Number (941) 806-8416
  • Sand Dollar Community
  • The Sand Dollar Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 45 lbs
  • 1 Pet Allowed

Security

  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,176

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,167 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Grounds, Pest Control, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1780
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 2855
  • Directions to Property: 41 to west on John Ringling, through St. Armands Circle. West to beach. South on Benjamin Franklin Drive to 555.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 778.09
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front
  • Attribution Contact: 941-388-3966
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Other, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Blinds, Impact Glass/Storm Windows, Shutters
  • Street Number Modifier: 555
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 165.37
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Ground Level, Oversized

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool
  • Association Amenities: Pool
  • Association Name: Vicky Scott
  • Phone: 941-806-8416
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See HOA Documents
  • Building Name Number: THE SAND DOLLAR
  • Condo Fees: 3500
  • Condo Land Included YN: 1
  • Max Pet Weight: 45
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: lidosanddollar@yahoo.com
  • Monthly Condo Fee Amount: 1167

Fee Information

  • Total Annual Fees: 14000.00
  • Total Monthly Fees: 1166.67

Lot Info

  • Parcel Number: 2016054003
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Application for tenant - see HOA documents. 1 month minimum 3 times a year

Tax Info

  • Tax Annual Amount: 8176
  • Tax Lot: na

Multi Family

  • Waterfront Features: Gulf/Ocean
  • Approval Process: Application to Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Dec 9, 2024
Sold by
Ayotte Kenneth V and Ayotte Loretta C
Bought by
Cunnane Joseph P and Scoton Susan A
Seller's Agent
Kathryn Scott
COLDWELL BANKER REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$1,595,000
Sold Price
$1,385,000
Premium/Discount to List
-$210,000
-13.17%
Views
20
Current Estimated Value
$1,358,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,455
Avg. Annual Appreciation
-2.61%

Purchase Details

Closed on
Jan 21, 2010
Sold by
Short John F and Short Christine M
Bought by
Ayotte Kenneth and Ayotte Loretta C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2005
Sold by
Equity Trust Co
Bought by
Short John F and Short Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,985
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 2, 2004
Sold by
Carter Riley B and Carter Linda K
Bought by
Ingorvaia Angelo and Taha Hussein
Source: Public Records

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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 $1,385,000 None Listed On Document
Warranty Deed $500,000 Sunbelt Title Agency
Corporate Deed -- --
Warranty Deed -- --
Trustee Deed $511,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $397,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $116,985 Credit Line Revolving
Previous Owner $623,920 Purchase Money Mortgage
Previous Owner $310,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $1,385,000 -10.4% $778 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
08/18/2024 08/18/24 Price Changed $1,545,000 -3.1% $868 / Sq Ft
06/21/2024 06/21/24 For Sale $1,595,000 -- $896 / 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 $8,176 $580,384 -- --
2023 $8,176 $563,480 $0 $0
2022 $7,929 $547,068 $0 $0
2021 $7,971 $531,134 $0 $0
2020 $8,057 $523,801 $0 $0
2019 $7,847 $512,024 $0 $0
2018 $7,385 $481,664 $0 $0
2017 $7,298 $471,757 $0 $0
2016 $7,322 $577,800 $0 $577,800
2015 $7,430 $511,000 $0 $511,000
2014 $7,421 $380,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4614657

Stellar MLS

APN: 2016-05-4003