NOT LISTED FOR SALE

845 Benjamin Franklin Dr Unit 406 B Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $568,584 - $727,000

2 Beds
2 Baths
991 Sq Ft
$433/mo HOA Fee

Last Sold March 26, 2018

Last sale price $387,500 $391 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,632/month

121 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Public Beach
  • Partial Gulf or Ocean Views
  • Southside Elementary School Rated A
  • Heated In Ground Pool
  • Open Floorplan

About This Home

As of March 2018

BEAUTIFUL, UPDATED, FURNISHED, 2 Bedroom, 2 Bath Condo with a Peak of the Gulf. On the 4th Floor of The Presidential this lovely Mid-Rise Building is across the street from beautiful Lido Beach and the Gulf of Mexico with DEEDED BEACH ACCESS. It has newer high impact windows and sliding glass doors. There is a spacious balcony. The kitchen and baths have been updated. The condo has porcelain tile through the main rooms with carpet in the bedrooms. The popcorn ceilings have been removed and can lights installed. There are three ceiling fans. Some furniture exclusions. This is a very popular condominium with a heated pool and barbeque. Brand new roof installed in January 2018. The Lido Beach Resort is across the street to enjoy their restaurants. Walk or ride bikes to fabulous St. Armands Circle a couple of minutes away for Boutique Shopping, Cafes, Outdoor Dining and Special Events. Close to Downtown Sarasota for the Theater and Cultural Events. Enjoy this condo as a vacation getaway or a permanent residence.

Last Agent to Sell the Property

Barbara Miller, Pa

COLDWELL BANKER REALTY License #0524375 Listed on: 10/24/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

Karen MacKinnon

COLDWELL BANKER REALTY License #3126664

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1974

Lot Details

  • Public Beach
  • Well Sprinkler System
  • Landscaped with Trees
  • Condo Land Included

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 991 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Partial Bay or Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

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

Home Security

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Outdoor Grill

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • 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, recreational facilities, sewer, trash, water
  • Mid-Rise Condominium
  • Presidential The Community
  • Presidential The Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,562

Year Built

Built in 1974

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 991
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1071
  • Directions to Property: From St. Armands follow to Lido Beach. Benjamin Franklin Drive South to 845 Ben Franklin Drive, The Presidential.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4199562&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4199562&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.97118
  • Price per Sq Ft: 391.02
  • Close to Original List Price Ratio: 0.91176
  • Ratio: Current Price\Building Area Total: 361.81
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 4
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 845
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Irrigation System, Outdoor Grill, Outdoor Shower, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0137F
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Public, Sprinkler Well, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • 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, No Truck/RV/Motorcycle Parking, Pool, Water Access
  • Association Amenities: Elevator(s), Laundry, Vehicle Restrictions
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1300
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 433
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5200
  • Total Monthly Fees: 433.33

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2016113033
  • Additional Parcels: No
  • Lot Features: FloodZone, In County
  • Millage Rate: 16.38
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Application
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Board Approval

Tax Info

  • Tax Annual Amount: 3562
  • Tax Book Number: 1025-2094
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 26, 2018
Sold by
Fandos Susan S
Bought by
Hamilton David G and Hamilton Shelby L
Seller's Agent
Barbara Miller, Pa
COLDWELL BANKER REALTY
Buyer's Agent
Karen MacKinnon
COLDWELL BANKER REALTY
List Price
$425,000
Sold Price
$387,500
Premium/Discount to List
-$37,500
-8.82%
Total Days on Market
121
Current Estimated Value
$647,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,896
Avg. Annual Appreciation
7.38%
Original Mortgage
$187,500
Outstanding Balance
$161,805
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$485,591

Purchase Details

Closed on
Jan 27, 2010
Sold by
Knippen Helen S
Bought by
Fandos Susan S
Source: Public Records

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Range of Values:

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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
Hamilton David G $387,500 Attorney
Fandos Susan S $280,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton David G $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $387,500 -2.9% $391 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
12/04/2017 12/04/17 Price Changed $399,000 -6.1% $403 / Sq Ft
10/24/2017 10/24/17 For Sale $425,000 -- $429 / 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 $6,763 $418,999 -- --
2023 $6,763 $532,800 $0 $532,800
2022 $5,892 $434,900 $0 $434,900
2021 $5,046 $314,800 $0 $314,800
2020 $4,808 $291,700 $0 $291,700
2019 $4,904 $298,600 $0 $298,600
2018 $4,311 $296,100 $0 $296,100
2017 $3,563 $211,500 $0 $211,500
2016 $3,632 $211,500 $0 $211,500
2015 $3,555 $208,400 $0 $208,400
2014 $3,189 $200,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4199562

Stellar MLS

APN: 2016-11-3033