NOT LISTED FOR SALE

Lido Ambassador 800 Benjamin Franklin Dr Unit 103 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $517,641 - $741,000

1 Bed
1.5 Baths
906 Sq Ft
$467/mo HOA Fee

Last Sold January 25, 2019

Last sale price $315,000 $348 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,408/month

37 Days on Market

Highlights

  • 402 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Solid Surface Countertops
  • Southside Elementary School Rated A
  • In Ground Pool
  • Recreation Facilities

About This Home

As of January 2019

Just steps from the white sands of Lido Key, this gorgeous island retreat is ideal for escaping the cold, enjoying long weekends at the beach, or simply immersing yourself into the island lifestyle. From the moment you pass through the secure complex entrance and into the breezeway you are greeted with the warm salt air that moves in from the Gulf of Mexico. In only a few short steps, the beautiful paver pool deck presents itself, overlooking the world-renown Lido Beach. A few steps in the opposite direction and you are conveniently at the front door of your ground-level walkout paradise. The many upgrades are evident, from the large porcelain floor tiles, to the beachy feel of the kitchen’s tile backsplash, quality wood cabinetry, and brand-new refrigerator. Natural light pours through sliding glass doors and illuminates the comfortable living room. If guests are in town they will be quite comfortable in the recently added Murphy beds; this high end custom piece offers two additional full-size beds and saves space when you don’t need them. Indulge in the resort lifestyle as you cool off in the Gulf-side heated swimming pool, walk the sands at sunset, or relax in the warm waters of the Gulf. St. Armands Circle is just a walk away where boutiques, restaurants, and ice cream shops enliven any afternoon. Downtown Sarasota is over the bridge with its endless array of arts and culture. This residence represents a fantastic value as the least expensive condominium available on the beach-side of Lido Beach.

Last Agent to Sell the Property

Jeffrey Hinrichs

MICHAEL SAUNDERS & COMPANY License #3240278 Listed on: 11/14/2018

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Jonathan Abrams

MICHAEL SAUNDERS & COMPANY License #3269275

Last Buyer's Agent

David Crawford

CATALIST REALTY LLC License #3328602

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,791

Year Built

  • Built in 1978

Lot Details

  • East Facing Home
  • Irrigation

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Turnkey
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 906 Sq Ft Home
  • Built-In Features
  • Tray Ceiling
  • Porcelain Tile

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Water access To Gulf or Ocean
  • Covered Patio or Porch
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, maintenance structure, ground maintenance, pest control, sewer, trash, water
  • Argus Management Association, Phone Number (941) 927-6464
  • Lido Ambassador Community
  • Lido Ambassador Subdivision
  • On-Site Maintenance
  • Rental Restrictions
  • 7-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Recreation Facilities
  • Shuffleboard Court

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,791

Year Built

Built in 1978

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 906
  • New Construction: No
  • Year Built: 1978
  • Directions to Property: From St. Armand's Circle, to North on Benjamin Franklin, Right (west) into Lido Ambassador.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4418413&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4418413&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.96923
  • Price per Sq Ft: 347.68
  • Close to Original List Price Ratio: 0.96923
  • View: No
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Solid Surface Counters, Solid Wood Cabinets, Tray Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range Hood
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 7
  • Street Number Modifier: 800
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Irrigation System, Outdoor Grill
  • Roof: Other
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Water Access: Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0137F
  • Waterfront Frontage: 402
  • Water Frontage Feet Beach Pub: 201
  • Additional Water Information: Lido Ambassador is on Lido Beach, condo unit does not have a view of the Gulf.
  • Water Frontage Feet Gulf Ocean: 201

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool, Water Access, Waterfront
  • Association Amenities: Cable TV, Laundry, Maintenance, Pool, Recreation Facilities, Shuffleboard Court
  • Association Name: Argus Management
  • Phone: 941-927-6464
  • Association: No
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry
  • Senior Community: No
  • Condo Fees: 1400
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 467
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5600
  • Total Monthly Fees: 466.67

Schools

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

Lot Info

  • Parcel Number: 2016141003
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Minimum Lease: 6 Months
  • Approval Process: Application and Fee to Argus for Lease
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Additional Notes or Docs

Tax Info

  • Tax Annual Amount: 2791
  • Tax Book Number: 1252-280
  • Tax Lot: 103

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2020
Sold by
Sherer Angela
Bought by
Sherer Angela Siegel and Sherer Jessica Siegel
Current Estimated Value
$637,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$245,825
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$408,624

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 25, 2019
Sold by
Wandell Jeffrey T and Wandell Tami
Bought by
Sherer Angela
Seller's Agent
Jeffrey Hinrichs
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
David Crawford
CATALIST REALTY LLC
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$283,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Sparacio Josephine
Bought by
Wandell Jeffrey T and Wandell Tami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Galli Mary Ann
Bought by
Wandell Jeffrey T and Wandell Tami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 1994
Sold by
Glintenkamp 6Ucy
Bought by
Barbara Fred
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
Sherer Angela Siegel -- None Available
Sherer Angela $315,000 Attorney
Wandell Jeffrey T $185,500 Attorney
Wandell Jeffrey T -- Attorney
Wandell Jeffrey T -- Attorney
Barbara Fred $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherer Angela Siegel $275,000
Closed Sherer Angela $283,500
Previous Owner Wandell Jeffrey T $148,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $315,000 -3.1% $348 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $325,000 -- $359 / 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 $5,630 $364,268 -- --
2023 $5,630 $418,100 $0 $418,100
2022 $5,114 $373,000 $0 $373,000
2021 $4,430 $276,400 $0 $276,400
2020 $4,128 $248,800 $0 $248,800
2019 $3,489 $247,500 $0 $247,500
2018 $2,765 $163,300 $0 $163,300
2017 $2,791 $163,300 $0 $163,300
2016 $2,846 $163,300 $0 $163,300
2015 $2,867 $160,900 $0 $160,900
2014 $2,808 $145,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4418413

Stellar MLS

APN: 2016-14-1003