NOT LISTED FOR SALE

The Beach Residences at Lido Key 1300 Benjamin Franklin Dr Unit 303 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,783,986 - $2,119,000

2 Beds

2 Baths

1,855 Sq Ft

$1,305/mo HOA Fee

Last sale price $1,500,000 $809 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $13,875/month

3 Days on Market

Highlights

400 Feet of Waterfront
Private Beach
Newly Remodeled
Southside Elementary School Rated A
Fitness Center
Heated In Ground Pool

About This Home

As of October 2021

Enjoy carefree living and spectacular sunsets at the Ritz Carlton Beach Residences. This spacious condominium offers a sophisticated blend of traditional design with a modern coastal flair. The thoughtful split-bedroom floor plan features casual elegance and luxurious finishes including soaring 10’ ceilings, travertine & wood flooring, gorgeous custom lighting and motorized shades on the floor-to-ceiling hurricane code rated sliders. The gourmet is complete with premium appliances and granite counter tops. The expansive, west-facing terrace is the perfect spot to relax enjoy a book surrounded by a tropical ambiance and partial views of the Gulf of Mexico. The convenient location of this residence on the third floor provides quick and easy access to the incomparable list of exceptional amenities, including full concierge services, state-of-the-art fitness center, men’s and women’s locker room, saunas, steam showers, massage rooms, elegant board room, billiards/game room, and beautiful theater with surround sound and tiered seating. The large social gathering room has a bar, fireplace, leisure seating, catering kitchen and media entertainment. The private resort-style pool area has a spa, large sun deck with lounge chairs and umbrellas, and outdoor kitchen. In addition, owners enjoy the peace of mind that comes with 24-hour staff & security. There are to two elegantly designed guest suites for out-of-town visitors. The complex is pet friendly with No weight limit and a private dog run area. The gated, under-building parking garage has storage space for bikes & kayaks. Residents also have an assigned & air-conditioned storage space. Privileged owners enjoy the benefits of a service oriented, well-trained and world-class staff. Many owners choose to enhance their lifestyle with an optional Membership in the Ritz-Carlton Member’s Club with packages that include the Spa, Golf Course and Beach Club. The fabulous location on the beautiful white-sand beaches of Lido Key is just minutes from St Armands Circle and Downtown Sarasota.

Last Agent to Sell the Property

John Allen

ALLEN REAL ESTATE SERVICES INC License #3036999 Listed on: 10/08/2021

Last Buyer's Agent

Ian McPherson

COLDWELL BANKER REALTY License #3439111

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,412

Year Built

Built in 2005 | Newly Remodeled

Lot Details

400 Feet of Waterfront
Private Beach
East Facing Home
Dog Run
Mature Landscaping

HOA Fees

$1,305 Monthly HOA Fees

Parking

1 Car Attached Garage
Garage Door Opener
Circular Driveway
Secured Garage or Parking
Open Parking

Home Design

Custom Home
Slab Foundation
Block Exterior

Interior Spaces

1,855 Sq Ft Home
Crown Molding
Ceiling Fan
Shades
Inside Utility

Kitchen

Built-In Oven
Cooktop with Range Hood
Recirculated Exhaust Fan
Microwave
Ice Maker
Dishwasher
Stone Countertops
Disposal

Flooring

Wood
Travertine

Bedrooms and Bathrooms

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

Laundry

Laundry Room
Dryer
Washer

Home Security

Pool

Heated In Ground Pool
Gunite Pool
Outside Bathroom Access
Pool Lighting
Heated Spa
In Ground Spa

Outdoor Features

Water Access
Deck
Wrap Around Porch
Patio

Utilities

Central Heating and Cooling System
Thermostat
Natural Gas Connected
Electric Water Heater
Cable TV Available

Listing and Financial Details

Visit Down Payment Resource Website
Tax Lot 308
Assessor Parcel Number 2017032003

Community Details

Overview

Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
Ellyne Newton Association, Phone Number (941) 309-2802
High-Rise Condominium
The Beach Residences Community
The Beach Residences Subdivision
The community has rules related to deed restrictions
Rental Restrictions
12-Story Property

Amenities

Clubhouse
Elevator
Community Storage Space

Recreation

Recreation Facilities
Community Pool
Community Spa

Pet Policy

Pets up to 101 lbs
2 Pets Allowed

Security

Security Service
Card or Code Access
Gated Community
Fire and Smoke Detector
Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,412

Year Built

Built in 2005 | Newly Remodeled

Lot Details

HOA Fees

$1,305 per month

Parking

Listing Details

HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
Property Type: Residential
Property Condition: Completed
Property Sub Type: Condominium
Architectural Style: Custom
Construction Materials: Block
Fireplace: No
Living Area: 1855
New Construction: Yes
Year Built: 2005
Building Area Total: 2274
Directions to Property: From US 41, Go West over John Ringling Bridge. Take 2nd exit from the roundabout and turn left (south) on Ben Franklin Dr. Head south to 1300 Ben Franklin Dr on Right. Stop at Guard Gate to confirm appointment and gain access.
Status: Sold
Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4514599?w=Agent&skip_sso=true
Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4514599?w=Customer
Floor Number: 3
Homestead Y N: No
Number Of Pets: 2
Unit Number Y N: No
Property Description: High Rise
Call Center Phone Number: 941-544-6467
Ratio: Close Price\List Price: 0.94044
Price per Sq Ft: 808.63
Close to Original List Price Ratio: 0.94044
Ratio: Current Price\Building Area Total: 659.63
View: Yes
Ownership: Condominium
Tax Year: 2020
Special Features: NewHome

Interior Features

Living Area Units: Square Feet
Flooring: Travertine, Hardwood
Full Bathrooms: 2
Interior Amenities: Ceiling Fans(s), Crown Molding, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
Foundation Details: Slab
Total Bedrooms: 2
Levels: One
Spa Features: Heated, In Ground
Spa Yn: Yes
Stories: 12
Window Features: Shades
Street Number Modifier: 1300
Room Count: 5
Additional Rooms: Inside Utility

Exterior Features

Direction Faces: East
Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access
Exterior Features: Dog Run, Sidewalk
Roof: Other
Pool Private: Yes
View: Water
Water Body Name: Gulf Of Mexico
Waterfront: Yes
Patio and Porch Features: Covered, Deck, Patio, Porch, Wrap Around
Road Surface Type: Paved
Water View: Gulf/Ocean - Partial
Water Access: Beach - Private
Water View Y N: Yes
Water Access Y N: Yes
Water Extras Y N: No
Waterfront Frontage: 400
Water Frontage Feet Beach Prvt: 400
Disclosures: Condominium Disclosure Available

Garage/Parking

Attached Garage: Yes
Carport Y N: No
Garage Spaces: 1
Garage Yn: Yes
Parking Features: Assigned, Circular Driveway, Garage Door Opener, Guest, Under Building
Covered Parking Spaces: 1
Open Parking: Yes

Utilities

Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Central Air
Heating: Central, Electric
Laundry Features: Laundry Room
Sewer: Public Sewer
Water Source: Public
Cooling Y N: Yes
Heating Yn: Yes

Condo/Co-op/Association

Community Features: Deed Restrictions, Fitness, Gated Community, Pool, Water Access, Waterfront
Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage
Association Fee: 3916
Association Fee Frequency: Quarterly
Association Name: Ellyne Newton
Phone: 941-309-2802
Association: Yes
Security: Fire Sprinkler System, Gated Community, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
Senior Community: No
Association Email: ellyne.newton@ritzcarlton.com
Condo Land Included Y N: No
Association Fee Requirement: Required
Association Approval Required YN: No

Fee Information

Total Annual Fees: 15664
Monthly HOA Fee: 1305.33
Total Monthly Fees: 1305.33

Lot Info

Zoning: WFR
Parcel Number: 2017032003
Additional Parcels: No
Flood Zone Code: AE

Rental Info

Pets Allowed: Yes
Pet Size: Extra Large (101+ Lbs.)
Max Pet Weight: 101
Minimum Lease: 1 Month
Num Timesper Year: 3
Lease Restrictions Y N: Yes
Additional Lease Restrictions: 1 month minimum, Tenants no pets

Tax Info

Tax Annual Amount: 14412.11
Tax Lot: 308

Multi Family

Waterfront Features: Beach - Private

Ownership History

Oct 2021 - Present Schulmann Daniel 3 Years and 9 Months

Private Individual

Purchase Details

Listed on

Oct 8, 2021

Closed on

Oct 22, 2021

Sold by

Smith Charles W and Smith Faine H

Bought by

Schulmann Daniel

Seller's Agent

John Allen

ALLEN REAL ESTATE SERVICES INC

Buyer's Agent

Ian McPherson

COLDWELL BANKER REALTY

List Price

$1,595,000

Sold Price

$1,500,000

Premium/Discount to List

-$95,000

-5.96%

Current Estimated Value

$1,961,997

Estimated Appreciation

$461,997

Avg. Annual Appreciation

8.03%

Oct 2017 - Oct 2021 Smith Charles W and Smith Faine H 4 Years

Private Individual

Purchase Details

Listed on

Mar 20, 2017

Closed on

Oct 16, 2017

Sold by

Dugues Henry C and Dugues Dawn B

Bought by

Smith Charles W and Smith Faine H

Seller's Agent

Judy Kepecz-Hays

COLDWELL BANKER REALTY

Buyer's Agent

John Allen

ALLEN REAL ESTATE SERVICES INC

List Price

$1,600,000

Sold Price

$1,230,000

Premium/Discount to List

-$370,000

-23.12%

Avg. Annual Appreciation

5.06%

Aug 2016 - Oct 2017 Bradshaw Ralph W and Bradshaw Deborah B 1 Year and 2 Months

Private Individual

Purchase Details

Closed on

Aug 19, 2016

Sold by

Mallof Joseph T and Mallof Virginia E

Bought by

Bradshaw Ralph W and Bradshaw Deborah B

Mar 2016 - Aug 2016 Duques Henry C and Duques Dawn B 5 Months

Private Individual

Purchase Details

Closed on

Mar 8, 2016

Sold by

Slab Llc

Bought by

Duques Henry C and Duques Dawn B

Dec 2005 - Mar 2016 Slab Lido Llc 10 Years and 3 Months

Company

Purchase Details

Closed on

Dec 15, 2005

Sold by

The Beach Residences Llc

Bought by

Slab Lido Llc

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Buyer	Sale Price	Title Company
Schulmann Daniel	$1,500,000	Mti Title Insurance Agcy Inc
Smith Charles W	$1,230,000	Attorney
Bradshaw Ralph W	$1,987,500	None Available
Duques Henry C	$1,140,000	Attorney
Slab Lido Llc	$845,000	Paramount Title Corp

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
10/22/2021 10/22/21	Sold	$1,500,000	-6.0%	$809 / Sq Ft
10/11/2021 10/11/21	Pending	--	--	--
10/08/2021 10/08/21	For Sale	$1,595,000	+29.7%	$860 / Sq Ft
08/17/2018 08/17/18	Off Market	$1,230,000	--	--
10/16/2017 10/16/17	Sold	$1,230,000	-23.1%	$663 / Sq Ft
10/04/2017 10/04/17	Pending	--	--	--
03/20/2017 03/20/17	For Sale	$1,600,000	--	$863 / Sq Ft

Source: Stellar MLS

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	$20,189	$1,428,525	--	--
2023	$20,189	$1,386,917	$0	$0
2022	$19,624	$1,300,400	$0	$1,300,400
2021	$16,120	$1,081,200	$0	$1,081,200
2020	$14,412	$888,100	$0	$888,100
2019	$17,145	$1,062,300	$0	$1,062,300
2018	$15,690	$967,800	$0	$967,800
2017	$15,535	$948,800	$0	$948,800
2016	$14,912	$948,800	$0	$948,800
2015	$13,410	$799,000	$0	$799,000
2014	$12,069	$706,200	$0	$0

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2021

John Allen

ALLEN REAL ESTATE SERVICES INC

(941) 544-6467

2 in this area

14 Total Sales

John Allen
Buyer's Agent in 2021

Ian McPherson

COLDWELL BANKER REALTY

(941) 320-0999

4 in this area

88 Total Sales

Ian McPherson
Seller's Agent in 2017

Judy Kepecz-Hays

COLDWELL BANKER REALTY

(941) 587-1700

28 in this area

177 Total Sales

Judy Kepecz-Hays

See All Agents

About The Beach Residences at Lido Key

Map

Source: Stellar MLS

MLS Number: A4514599

APN: 2017-03-2003

Florida Sarasota County Sarasota 34236 Lido Key

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

Nearby Homes

The Beach Residences at Lido Key 1300 Benjamin Franklin Dr Unit 303 Sarasota, FL 34236

Last Sold October 22, 2021

Highlights

About This Home

Property Details

Community Details

Property Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Purchase Details

Similar Homes in Sarasota, FL

Home Values in the Area

Average Home Value in this Area

Purchase History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

About The Beach Residences at Lido Key

Map