Seller's Agent in 2024
Perry Corneau
COMPASS FLORIDA LLC
(941) 650-4626
1 in this area
84 Total Sales
The Beach Residences at Lido Key 1300 Benjamin Franklin Dr Unit 1103 Sarasota, FL 34236
Lido Key NeighborhoodEstimated Value: $5,261,000 - $5,591,000
4
Beds
3.5
Baths
3,861
Sq Ft
$3,460/mo
HOA Fee
Highlights
- Beach Front
- Water access To Gulf or Ocean
- Intracoastal View
- Southside Elementary School Rated A
- Fitness Center
- Heated In Ground Pool
About This Home
As of March 2024Experience the enchantment of hypnotic sunset vistas at "The Beach Residences," expertly managed by The Ritz-Carlton. This exquisite residence promises day-to-night fascination with its breathtaking Gulf views to the West and bay views to the East from the guest bedrooms and den. The majestic living area in this generously proportioned 3,861 sq. ft. home offer eleven foot ceilings which are unique to the 11th floor. The gourmet kitchen is complete with high-end appliances and luxurious finishes. The residence features beautiful hard-wood flooring throughout and is available furnished for immediate occupancy. Embrace the exclusive Ritz-Carlton lifestyle, complete with an unparalleled array of amenities, ensuring a life of seclusion and luxury. Here, you can indulge in a private pool and spa, a social room, a well-appointed kitchen, a boardroom for your business needs, and a billiards room as well for recreation. Movie enthusiasts can revel in the on-site theater with tiered seating, while those seeking relaxation can visit the massage room.
The attentive 24-hour concierge service ensures all your needs are met. Maintain your well-being at the state-of-the-art fitness center, and provide your guests with comfort in the available guest suites. Even your furry companions are catered to with a convenient dog run. The comprehensive maintenance fee covers an array of services including building exterior maintenance, cable and internet, escrow reserve funds, flood insurance, ground upkeep, building insurance, maintenance and repairs, managerial services, public insurance, recreational facilities, roof maintenance, security, trash removal, and water and sewer expenses. At "The Beach Residences," pets are not only welcome but celebrated, with no weight limit imposed. Plus, you're only moments away from the vibrant St. Armands Circle and the rich cultural offerings of downtown Sarasota. This residence is not just a home; it's a gateway to an opulent coastal lifestyle.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $49,168
Year Built
- Built in 2005
Lot Details
- Beach Front
- West Facing Home
- Dog Run
- Irrigation
HOA Fees
- $3,460 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Parking Garage Spaces
Property Views
Home Design
- Slab Foundation
- Concrete Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 3,861 Sq Ft Home
- Open Floorplan
- Built-In Features
- Crown Molding
- High Ceiling
- Sliding Doors
- Family Room Off Kitchen
- Combination Dining and Living Room
- Sauna
Kitchen
- Built-In Convection Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Solid Surface Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Pool
- Heated In Ground Pool
- In Ground Spa
- Gunite Pool
- Saltwater Pool
- Outdoor Shower
Outdoor Features
- Water access To Gulf or Ocean
- Balcony
- Exterior Lighting
- Outdoor Storage
- Outdoor Grill
- Private Mailbox
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 2017032074
Community Details
Overview
- Optional Additional Fees
- Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, insurance, maintenance structure
- Ritz Carlton Association
- The Beach Residences Community
- The Beach Residences Subdivision
- On-Site Maintenance
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
- 12-Story Property
Amenities
- Elevator
- Community Storage Space
Recreation
- Recreation Facilities
- Community Pool
- Community Spa
Pet Policy
- 2 Pets Allowed
Security
- Security Guard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2023
Closed on
Mar 6, 2024
Sold by
Bundrant Scott F and Bundrant Karyn C
Bought by
Whitmore Family 2004 Trust and Haney
Seller's Agent
Perry Corneau
COMPASS FLORIDA LLC
Buyer's Agent
Doug Parks
MICHAEL SAUNDERS & COMPANY
List Price
$5,750,000
Sold Price
$5,550,000
Premium/Discount to List
-$200,000
-3.48%
Total Days on Market
130
Views
72
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,544
Avg. Annual Appreciation
-3.09%
Purchase Details
Closed on
Oct 23, 2023
Sold by
Mucho Sol Llc
Bought by
Bundrant Scott F and Bundrant Karyn C
Purchase Details
Closed on
Dec 20, 2005
Sold by
The Beach Residences Llc
Bought by
Mucho Sol Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Whitmore Family 2004 Trust | $5,550,000 | None Listed On Document | |
| Bundrant Scott F | $100 | None Listed On Document | |
| Mucho Sol Llc | $3,140,000 | Chicago Title Insurance Co |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2024 03/06/24 | Sold | $5,550,000 | -3.5% | $1,437 / Sq Ft |
| 01/16/2024 01/16/24 | Pending | -- | -- | -- |
| 09/07/2023 09/07/23 | For Sale | $5,750,000 | -- | $1,489 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $53,624 | $4,555,700 | -- | $4,555,700 |
| 2023 | $53,624 | $3,981,400 | $0 | $3,981,400 |
| 2022 | $49,168 | $3,617,800 | $0 | $3,617,800 |
| 2021 | $43,050 | $2,741,900 | $0 | $2,741,900 |
| 2020 | $48,564 | $3,016,100 | $0 | $3,016,100 |
| 2019 | $51,230 | $3,191,100 | $0 | $3,191,100 |
| 2018 | $51,042 | $3,368,900 | $0 | $3,368,900 |
| 2017 | $44,610 | $2,739,200 | $0 | $2,739,200 |
| 2016 | $45,495 | $2,739,200 | $0 | $2,739,200 |
| 2015 | $44,788 | $2,698,800 | $0 | $2,698,800 |
| 2014 | $40,247 | $2,384,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Perry Corneau
-
Doug Parks
Buyer's Agent in 2024
Doug Parks
Michael Saunders
(941) 400-9087
22 in this area
66 Total Sales
About The Beach Residences at Lido Key
Map
Similar Homes in the area
Source: Stellar MLS
MLS Number: A4581964
APN: 2017-03-2074
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