NOT LISTED FOR SALE

Lido Ambassador 800 Benjamin Franklin Dr Unit 602 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $876,620 - $981,000

2 Beds
2 Baths
1,150 Sq Ft
$727/mo HOA Fee

Last Sold April 17, 2020

Last sale price $500,000 $435 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,372/month

194 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Beach View
  • Fitness Center
  • Southside Elementary School Rated A
  • Beach Access
  • Heated In Ground Pool

About This Home

As of April 2020

PRICE REDUCED!! SHHHHHH, Lido Key is a hidden gem! We don’t want the world to know about it! It is famous for its crystal blue waters, sugary sand and very dramatic sunsets! Guess what! You can enjoy all that from this unit’s balcony. After the sun goes down, watch the beautiful downtown Sarasota skyline. Recently renovated open kitchen floor plans with split bedrooms. Hurricane grade windows through out and a new a/c unit has been installed. It comes fully furnished, nothing to do except to move in and enjoy the winter hassle free! This is a friendly and well run building containing 75 units. The facilities include a Recreation Room with pool table and kitchen, a recently refurbished Exercise Room, a Shuffle Board Court, and Beach-Front Heated Pool. The unit comes with a storage room and covered parking space.W/D allowed in the unit. Enjoy Happy Hours and Fine Dining at the Lido Beach Grille nextdoor at the Lido Beach Resort Hotel, which also has a pool-side Tiki Bar. The Lido Beach Pavilion is close by, and offers a beautiful beach-front setting for lunch from a real Floridian-style food stall, famous for its lobster rolls . World famous St. Armand’s Circle, with its many fine restaurants and shops, is a short 10 minutes walk. It is a heavenly experience to drive or walk over the beautiful JR Bridge with its dramatic views, to downtown, which is buzzing with fine restaurants, shops, art galleries, theaters and opera. Can you ask for anymore than that? PLS SEE REALTOR’S REMARKS

Last Agent to Sell the Property

Jessie Hayre

BRIGHT REALTY License #3228016 Listed on: 02/21/2020

BRIGHT REALTY

Last Buyer's Agent

Jessie Hayre

BRIGHT REALTY License #3228016 Listed on: 02/21/2020

BRIGHT REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,503

Year Built

  • Built in 1978

Lot Details

  • Northwest Facing Home

HOA Fees

  • $727 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,150 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage Room

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Carport Space
  • Secured Garage or Parking

Outdoor Features

  • Heated In Ground Pool
  • Beach Access
  • Water access To Gulf or Ocean
  • Balcony
  • Outdoor Storage

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, insurance, maintenance structure, ground maintenance, pest control, recreational facilities, sewer, trash, water
  • Argus Management 927 6464 Association
  • High-Rise Condominium
  • Lido Ambassador Community
  • Lido Ambassador Subdivision
  • Rental Restrictions
  • 7-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,503

Year Built

Built in 1978

Lot Details

0

HOA Fees

$727 per month

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1150
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1252
  • Directions to Property: St. Armands Circle to Ben Franklin Drive to #800.. Building next to the Lido Beach Resort Hotel
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4445566?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4445566?w=Customer
  • Floor Number: 6
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 0.91075
  • Price per Sq Ft: 434.78
  • Close to Original List Price Ratio: 0.91075
  • Ratio: Current Price\Building Area Total: 399.36
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Appraiser
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Travertine
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Window Features: Blinds
  • Street Number Modifier: 800
  • Room Count: 5
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: City, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Beach, Gulf/Ocean - Partial
  • Water Access: Beach, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 300
  • Water Frontage Feet Beach Pub: 100
  • Water Frontage Feet Beach Prvt: 100
  • Water Frontage Feet Gulf Ocean: 100
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: 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, Fitness, Pool, Water Access
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Storage
  • Association Name: Argus Management 927-6464
  • Association: No
  • Security: Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2182
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 727
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8728
  • Total Monthly Fees: 727.33

Lot Info

  • Parcel Number: 2016141055
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Flood Zone Code: VE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 6 Months
  • Approval Process: Application must be submitted as soon as the the contract is fully executed
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Approval by the Association

Tax Info

  • Tax Annual Amount: 6503
  • Tax Book Number: 1252-280
  • Tax Lot: 00000

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 16, 2020
Sold by
Ade Richard C and Ade Lisa M
Bought by
Rand Stephen
Seller's Agent
Jessie Hayre
BRIGHT REALTY
Buyer's Agent
Jessie Hayre
BRIGHT REALTY
List Price
$559,000
Sold Price
$500,000
Premium/Discount to List
-$59,000
-10.55%
Current Estimated Value
$926,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,655
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Mar 1, 2019
Sold by
Mirabito Peter J and Mirabito Carol A
Bought by
Ade Richard C and Ade Lisa M

Purchase Details

Closed on
Dec 18, 2015
Sold by
Fricchione Mary Ellen
Bought by
Mirabito Peter J and Mirabito Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,300
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2001
Sold by
Michel Timothy M
Bought by
Fricchione Mary Ellen

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
6.9%
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
Rand Stephen $500,000 Attorney
Ade Richard C $504,500 Attorney
Mirabito Peter J $499,000 Attorney
Fricchione Mary Ellen $66,800 --
Fricchione Mary Ellen $66,800 --
Fricchione Mary Ellen $66,800 --
Fricchione Mary Ellen $66,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mirabito Peter J $349,300
Previous Owner Fricchione Mary Ellen $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $500,000 -8.9% $435 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
02/11/2020 02/11/20 Price Changed $549,000 -1.8% $477 / Sq Ft
09/15/2019 09/15/19 For Sale $559,000 -- $486 / 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 $9,424 $565,010 -- --
2023 $9,424 $773,200 $0 $773,200
2022 $7,870 $579,800 $0 $579,800
2021 $6,783 $424,500 $0 $424,500
2020 $6,510 $396,300 $0 $396,300
2019 $7,017 $429,300 $0 $429,300
2018 $6,503 $395,800 $0 $395,800
2017 $6,565 $395,800 $0 $395,800
2016 $6,682 $395,800 $0 $395,800
2015 $6,732 $390,000 $0 $390,000
2014 $6,591 $353,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jessie Hayre

    BRIGHT REALTY

    (201) 723-2847

    3 in this area

    14 Total Sales

    Jessie Hayre
    Section Image
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About Lido Ambassador

Map

Source: Stellar MLS

MLS Number: A4445566

Stellar MLS

APN: 2016-14-1055

Florida Sarasota County Sarasota 34236 Lido Key

800 Benjamin Franklin Dr Unit 602, Sarasota, FL

This home is located at 800 Benjamin Franklin Dr Unit 602, Sarasota, FL 34236 since 21 February 2020 and is currently estimated at $926,655, approximately $805 per square foot. This property was built in 1978. 800 Benjamin Franklin Dr Unit 602 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

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