NOT LISTED FOR SALE

845 Benjamin Franklin Dr Unit 205 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $553,695 - $606,000

2 Beds
2 Baths
991 Sq Ft
$575/mo HOA Fee

Last Sold October 21, 2022

Last sale price $610,000 $616 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,467/month

62 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Sliding Doors
  • Southside Elementary School Rated A
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of October 2022

Sandy Toes & Salty Kisses, Life is simply better at the beach! And this could be your life. The Lido Presidential is located just across the street from the beautiful sandy shore of Lido Beach. With its own deeded beach access, you’ll be on the beach in minutes and won’t even have to find a place to park. Strolling down the beach looking for shells, catching a glimpse of dolphins playing in the gulf, soaking in some of the most fabulous Florida Sunsets and walking to shops and restaurants at St Armand’s Circle will be your life. This updated 2-bedroom, 2 full bath condo is located on the 2nd floor, just near the elevators. Check to see who’s at the pool as you open your front door. Step into the kitchen and notice the beautiful neutral color granite counter tops, stainless steel appliances and ample kitchen cabinet space. The open floor plan of kitchen, dining and living room allows for easy conversation and entertaining, complete with a built-in dry bar. Split bedrooms for privacy with guests. The master bathroom has granite counter tops and a spacious walk-in shower. There are matching granite countertops and a full bathtub in the guest bathroom. Matching tile flooring throughout the condo. The Lido Presidential is a smaller community, with only 40 units that surround the heated Saltwater community pool. The BBQ area by the community pool is surrounded by beautiful palm trees and luscious tropical landscaping. You’re just a short walk to the nature trails of South Lido/Ted Sperling Park where you can walk the trails, kayak the mangrove tunnels, paddleboard or have a family picnic. And you’re just across the Ringling Causeway to the vibrant downtown Sarasota. Walk just 8 short blocks to St Armand’s Circle or hop on the free Bay Runner Trolly that links Lido Beach / St Armand’s Circle to the charming Main Street of downtown Sarasota. People travel for thousands of miles to enjoy the sun, sand & views of the Gulf Beaches. For you, it's your life. If you are looking for everything Florida has to offer, this is for you. Indulge yourself with this affordable piece of paradise. Florida living at its best. Come see what the Florida lifestyle is all about. Seldom an opportunity like this becomes available. Come, take a look. You will fall in love and not want to leave!

Last Agent to Sell the Property

Janice Litke

MEDWAY REALTY License #3058448 Listed on: 07/08/2022

MEDWAY REALTY

Last Buyer's Agent

David DAngelo

MICHAEL SAUNDERS & COMPANY License #3076963

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,477

Year Built

  • Built in 1974

Lot Details

  • 1.2

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 991 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • North Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, maintenance structure, ground maintenance, pool maintenance, water
  • Progressive Community Management Association, Phone Number (941) 921-5393
  • Mid-Rise Condominium
  • Presidential The Community
  • Presidential The Subdivision
  • Rental Restrictions

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,477

Year Built

Built in 1974

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 991
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1071
  • Directions to Property: St Armand's Circle to Benjamin Franklin Dr. 845 Benjamin Franklin Dr is across from Lido Beach Resort, just south of the public beach. Unit 205 is on the second floor. Exit left from elevator.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4540840?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4540840?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.96063
  • Price per Sq Ft: 615.54
  • Close to Original List Price Ratio: 0.93846
  • Ratio: Current Price\Building Area Total: 569.56
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Living Room/Dining Room Combo, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 845
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required
  • Association Amenities: Elevator(s), Laundry, Pool
  • Association Name: Progressive Community Management
  • Phone: 941-921-5393
  • Association: No
  • Senior Community: No
  • Condo Fees: 1725
  • Condo Fees Term: Quarterly
  • Association Email: lrusso@pcmfla.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 575
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6900
  • Total Monthly Fees: 575

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2016113020
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 999
  • Minimum Lease: 1 Month
  • Approval Process: Application Fee $100
  • Num Timesper Year: 2
  • Pet Restrictions: Must be approved by the association
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: None

Tax Info

  • Tax Annual Amount: 4476.59
  • Tax Book Number: 1025-2094
  • Tax Lot: 205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Oct 21, 2022
Sold by
Dolan Brian M and Dolan Martha C
Bought by
Beau Lido Suites Llc
Seller's Agent
Janice Litke
MEDWAY REALTY
Buyer's Agent
David DAngelo
MICHAEL SAUNDERS & COMPANY
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Views
31
Current Estimated Value
$592,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,318
Avg. Annual Appreciation
1.19%

Purchase Details

Closed on
Sep 24, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Dolan Brian M and Dolan Martha C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2012
Sold by
Venetta Lawrence W
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 14, 2005
Sold by
Venetta Lawrence W
Bought by
Spe #26 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 2004
Sold by
Comtesse Paul
Bought by
Venetta Lawrence W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1998
Sold by
Ob Lapeyrade Josefina B and Ob Lapayrade J
Bought by
Comtesse Paul
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
Beau Lido Suites Llc $610,000 --
Dolan Brian M $221,500 First American Title
Jpmorgan Chase Bank National Association $161,501 None Available
Spe #26 Llc -- --
Venetta Lawrence W $275,000 --
Comtesse Paul $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dolan Brian M $138,566
Previous Owner Dolan Brian M $150,000
Previous Owner Venetta Lawrence W $150,000
Previous Owner Venetta Lawrence W $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $610,000 -3.9% $616 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $635,000 -2.3% $641 / Sq Ft
07/08/2022 07/08/22 For Sale $650,000 -- $656 / 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 $7,758 $473,500 -- $473,500
2023 $7,758 $512,200 $0 $512,200
2022 $5,226 $384,000 $0 $384,000
2021 $4,477 $278,100 $0 $278,100
2020 $4,264 $257,600 $0 $257,600
2019 $4,628 $285,000 $0 $285,000
2018 $4,721 $328,700 $0 $328,700
2017 $3,895 $229,997 $0 $0
2016 $3,784 $234,800 $0 $234,800
2015 $3,672 $231,300 $0 $231,300
2014 $3,084 $193,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4540840

Stellar MLS

APN: 2016-11-3020