NOT LISTED FOR SALE

Lido Ambassador 800 Benjamin Franklin Dr Unit 701 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $768,000 - $944,000

2 Beds
2 Baths
1,150 Sq Ft
$601/mo HOA Fee

Last Sold June 20, 2019

Last sale price $455,000 $396 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,893/month

123 Days on Market

Highlights

  • 2,400 Feet of Waterfront
  • Beach View
  • Private Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of June 2019

This penthouse level condominium delivers everything you want: beach views, city lights, gorgeous sunsets, and comfortable vacation living. New kitchen appliances and new air conditioning are in place and the rest is ready for your own decorating touches. Hurricane grade windows have been installed throughout the apartment. The open living room / dining room area faces a screened balcony where you can spend hours listening to the sound of the surf rolling in. The spacious master bedroom easily accommodates a king size bed and it is completely separate from the guest bedroom and bath. The owner also has an assigned storage locker and covered carport. It is a perfect home for a snow bird resident, a corporate retreat, or a beach getaway for anyone. The Lido Ambassador is a well-maintained, friendly midrise building with a heated, beachfront pool, paved sun deck, fitness rooms, billiards, and shuffleboard. Walk next door for the best happy hour on Lido Key or walk a few more steps to St. Armand’s Circle shops, restaurants and special events.

Last Agent to Sell the Property

Diane Otis Stirling

MICHAEL SAUNDERS & COMPANY License #0066041 Listed on: 12/26/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Christine Mazur

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0631954

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,799

Year Built

  • Built in 1978

Lot Details

  • Private Beach
  • Southwest Facing Home
  • Mature Landscaping

HOA Fees

  • $601 Monthly HOA Fees

Property Views

Home Design

  • Penthouse
  • Slab Foundation
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,150 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage Room
  • Security Lights

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Reserved Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Flood Zone Lot
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, maintenance repairs, sewer, trash, water
  • Linda Chapman Association
  • Lido Ambassador Community
  • Lido Ambassador Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 7-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,799

Year Built

Built in 1978

Lot Details

0

HOA Fees

$601 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1150
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1252
  • Directions to Property: Turn left off Ben Franklin Drive to 800 Ben Franklin, next building past Lido Beach Resort.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4422269&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4422269&cview=true&show_results=true&customer_portal=true
  • Floor Number: 7
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Penthouse
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.95992
  • Price per Sq Ft: 395.65
  • Close to Original List Price Ratio: 0.83486
  • Ratio: Current Price\Building Area Total: 363.42
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Split Bedroom, Thermostat, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 7
  • Window Features: Blinds
  • Street Number Modifier: 800
  • Room Count: 7
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Storage
  • Pool Features: Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: City, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Water View: Beach, Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded, Beach - Private, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0137F
  • Waterfront Frontage: 2400
  • Water Frontage Feet Gulf Ocean: 2400
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Pool, Water Access
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Pool, Recreation Facilities, Security, Storage
  • Association Name: Linda chapman
  • Phone: 927-6464
  • Association: No
  • Security: Security Lights
  • Senior Community: No
  • Condo Fees: 1802
  • Condo Fees Term: Quarterly
  • Association Email: Argus
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 601
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7208
  • Total Monthly Fees: 600.67

Lot Info

  • Parcel Number: 2016141065
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: No
  • Minimum Lease: 6 Months
  • Approval Process: Application to association.
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease is 6 months.

Tax Info

  • Tax Annual Amount: 4799
  • Tax Book Number: 1252-280
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Hammerl Michael J
Bought by
Hammerl Michael J and Hammerl Bonnie L
Current Estimated Value
$832,013

Purchase Details

Listed on
Dec 26, 2018
Closed on
Jun 20, 2019
Sold by
Barth James E
Bought by
Hammerl Michael J
Seller's Agent
Diane Otis Stirling
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Christine Mazur
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$545,000
Sold Price
$455,000
Premium/Discount to List
-$90,000
-16.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%

Purchase Details

Closed on
Dec 31, 2017
Sold by
Barth James E and Janine O Barth Trust
Bought by
Barth James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1
Interest Rate
3.95%

Purchase Details

Closed on
May 24, 2011
Sold by
Barth Janine and Barth Janine O
Bought by
Barth Janine O
Source: Public Records

Range of Values:

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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
Hammerl Michael J -- Accommodation
Hammerl Michael J $455,000 Attorney
Barth James E -- Attorney
Barth Janine O -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barth James E $1
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2019 06/20/19 Sold $455,000 -4.0% $396 / Sq Ft
04/28/2019 04/28/19 Pending -- -- --
04/28/2019 04/28/19 Price Changed $474,000 -5.0% $412 / Sq Ft
03/08/2019 03/08/19 Price Changed $499,000 -5.0% $434 / Sq Ft
01/28/2019 01/28/19 Price Changed $525,000 -3.7% $457 / Sq Ft
12/26/2018 12/26/18 For Sale $545,000 -- $474 / 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 $9,104 $610,700 -- $610,700
2023 $9,104 $619,700 $0 $619,700
2022 $8,156 $533,800 $0 $533,800
2021 $6,651 $416,900 $0 $416,900
2020 $5,780 $350,500 $0 $350,500
2019 $5,068 $306,700 $0 $306,700
2018 $4,799 $288,900 $0 $288,900
2017 $4,844 $288,900 $0 $288,900
2016 $2,132 $288,900 $0 $288,900
2015 $2,161 $284,600 $0 $284,600
2014 $2,154 $152,591 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4422269

Stellar MLS

APN: 2016-14-1065