NOT LISTED FOR SALE

845 Benjamin Franklin Dr Unit 307 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $552,896 - $629,000

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

Last Sold December 16, 2022

Last sale price $575,000 $580 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,475/month

31 Days on Market

Highlights

  • Beach Access
  • Heated In Ground Pool
  • Open Floorplan
  • Southside Elementary School Rated A
  • Partial Gulf or Ocean Views
  • Florida Architecture

About This Home

As of December 2022

Look no further for your slice of paradise! Located on gorgeous Lido Key just steps from all of the fun of St. Armands Circle, this adorable condo is ready for you! The balcony & main bedroom feature lovely views of the shimmering waters of the Gulf of Mexico, and deeded beach access to the sandy shore is merely 100’ from your very own balcony – just cross Ben Franklin Drive and you are there! Lido Beach Resort is located very nearby and you will love the tropical tiki bar there, or walk down to the other tiki bar at the Ritz – what possibilities! St. Armands Circle is a short bike ride or walk away and it offers loads of shopping and dining options to entertain you and your crew when you tire of beach-going. South Lido Park is also very nearby and you must kayak the mangroves there! Whether visiting for vacation or season to escape winter or making The Presidential your year-round home, so many amenities are right outside your doorstep, or you can always just enjoy the tranquility. The building has a beautiful & tropically-landscaped pool and the helpful on-site manager is also a wonderful asset to owners. Moving inside, this adorable condo has a supremely functional floorplan and it is tidy and move-in ready, just in time for season! The kitchen is spacious and open to the large living room, where you’ll enjoy a partial gulf view from the terrace. An additional set of sliders allows for this bonus space to be used as an interior room or outside patio. The main bedroom is also a very nice size with lots of storage, and there is good separation between there and the guest bed & bath so you and your visitors can all feel comfortable & cozy. A newer AC (2020) completes the package. It simply doesn’t get better than this great building, located near ALL of the fabulous amenities of Lido Key & St. Armands Circle (and also just a short ride to downtown Sarasota – be sure to hop on the free Bay Runner!), so schedule your visit today!

Last Agent to Sell the Property

Allison Werner

MICHAEL SAUNDERS & COMPANY License #3222313 Listed on: 10/04/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Mairead Smialek

COLDWELL BANKER REALTY License #3448857

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • East Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $575 Monthly HOA Fees

Property Views

  • Partial Bay or Harbor
  • Woods

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 991 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Family Room Off Kitchen

Kitchen

  • Range
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Ground Level Parking
  • Open Parking

Pool

Outdoor Features

  • Beach Access
  • Water Access
  • Deeded access to the beach
  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, sewer, trash, water
  • Lorraine Russo Association, Phone Number (941) 921-5393
  • Visit Association Website
  • Mid-Rise Condominium
  • Presidential The Community
  • Presidential The Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator
  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,712

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, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 991
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1071
  • Directions to Property: Go through St. Armands Circle toward Lido Beach and pass the public beach access. The Presidential will be on your left shortly after you pass the main beach parking area. Take the stairs or elevator up and turn left to #307.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4547622?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4547622?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Corner Unit, Mid Rise
  • Ratio: Close Price\List Price: 0.95833
  • Price per Sq Ft: 580.22
  • Close to Original List Price Ratio: 0.95833
  • Ratio: Current Price\Building Area Total: 536.88
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Drapes, Window Treatments
  • Street Number Modifier: 845
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch
  • Road Surface Type: Asphalt, Paved
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach, Beach - Access Deeded
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Additional Water Information: Deeded beach access is located just across the street on the south side of the Lido Beach Resort.
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Ground Level, Guest, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Pool
  • Association Fee: 1725
  • Association Fee Frequency: Quarterly
  • Association Name: Lorraine Russo
  • Phone: 941-921-5393
  • Association: Yes
  • Senior Community: No
  • Association Website: pcmfla.com
  • Association Email: LRusso@pcmfla.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

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

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2016113028
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Tenants must complete an application and pay an application fee to the Association.
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: May not be leased more than 2 times a year. Minimum lease is one month.

Tax Info

  • Tax Annual Amount: 4712.18
  • Tax Book Number: 1025-2094
  • Tax Lot: 307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Dec 13, 2022
Sold by
Klos Kathleen M
Bought by
Fitzmartin Michael E and Fitzmartin Elisa D
Seller's Agent
Allison Werner
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Mairead Smialek
COLDWELL BANKER REALTY
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Views
16
Current Estimated Value
$593,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,375
Avg. Annual Appreciation
2.08%
Original Mortgage
$402,500
Outstanding Balance
$392,403
Interest Rate
6.95%
Mortgage Type
Balloon
Estimated Equity
$214,916

Purchase Details

Closed on
Sep 26, 2022
Sold by
Phyllis T Baran Trust
Bought by
Baran Mark S and Klos Kathleen M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fitzmartin Michael E $575,000 --
Baran Mark S $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzmartin Michael E $402,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $575,000 -4.2% $580 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $600,000 -- $605 / 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 $7,809 $476,300 -- $476,300
2023 $7,809 $514,800 $0 $514,800
2022 $5,530 $408,900 $0 $408,900
2021 $4,712 $292,700 $0 $292,700
2020 $4,488 $271,100 $0 $271,100
2019 $4,796 $302,100 $0 $302,100
2018 $4,756 $327,200 $0 $327,200
2017 $3,929 $233,700 $0 $233,700
2016 $2,813 $233,700 $0 $233,700
2015 $2,854 $230,300 $0 $230,300
2014 $2,847 $221,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Werner

    Seller's Agent in 2022

    Allison Werner

    Michael Saunders

    (941) 961-3212

    5 in this area

    79 Total Sales

    Section Image
  • Mairead Smialek

    Buyer's Agent in 2022

    Mairead Smialek

    COLDWELL BANKER REALTY

    (847) 334-4848

    2 in this area

    116 Total Sales

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4547622

Stellar MLS

APN: 2016-11-3028

Florida Sarasota County Sarasota 34236 Lido Key

845 Benjamin Franklin Dr Unit 307, Sarasota, FL

This home is located at 845 Benjamin Franklin Dr Unit 307, Sarasota, FL 34236 since 04 October 2022 and is currently estimated at $584,974, approximately $590 per square foot. This property was built in 1974. 845 Benjamin Franklin Dr Unit 307 is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota School of Arts & Sciences.

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 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.



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

Nearby Homes