Seller's Agent in 2023
Judy Kepecz-Hays
COLDWELL BANKER REALTY
(941) 587-1700
29 in this area
184 Total Sales
The Beach Residences at Lido Key 1300 Benjamin Franklin Dr Unit 601 Sarasota, FL 34236
Lido Key NeighborhoodEstimated Value: $4,903,000 - $5,570,000
3
Beds
3.5
Baths
4,194
Sq Ft
$3,348/mo
HOA Fee
Highlights
- Beach Front
- Water access To Gulf or Ocean
- Heated In Ground Pool
- Southside Elementary School Rated A
- Fitness Center
- Sauna
About This Home
As of May 2023Ritz-Carlton Managed "The Beach Residences" on Lido Key. BEYOND IMAGINATION with unparalleled amenities and a lifestyle of privacy and comfort await you here to create everlasting memories. Instant enjoyment with hypnotizing views from this ultimate southwest corner residence. Upon arrival at this exclusive Gulf-front paradise, the experience is pure refinement in a luxury beach resort setting. From the moment you step out of your private elevator into your residence, enjoy blissful views of the Gulf of Mexico from the generously proportioned wrap-around terrace with sliding floor-to-ceiling glass windows and doors framing the Gulf of Mexico, Sarasota, and her island’s most commanding intercoastal views.
With approximately 300-degree views of forever sunrise and sunset. Enjoy picturesque panoramas of the Gulf, Bay, Sarasota skyline, and kayakers in the nature preserve. Beautiful views envelop this meticulously designed 3 bedrooms plus a family room of 4200 sq. ft. residence. The ultimate in casual elegance: Handcrafted interior finishes include beautiful Travertine floors in, custom built-ins & moldings throughout, 10’-foot ceilings, a custom gourmet kitchen with Dacor ovens and warming drawer, a gas cooktop Subzero refrigerator, and a wine refrigerator. Also, a generous island breakfast bar with a planning desk.
Two spacious terraces, one for sunrise and the other for sunset. Largest Floorplan in the community. Completely remodeled 2020. Lutron lighting system, all windows have motorized shades with remote controls, 3 new ACs w/programmable thermostats, Newer - water heater, dishwasher, microwave, 2 washers, 2 dryers, additional clear ice maker. Private elevator, trash chute just outside laundry room, with access to 2nd (service) elevator. Fireplace in the dining room. Master bedroom with Gulf view, his and hers walk-in closets, Master bath has a walk-in shower with 3 showerheads, 2 sinks, water closet with bidet. Guest master has a Bay/City view, a jacuzzi tub, a separate shower, 2 sinks, and a huge walk-in closet. 3rd bedroom has a Bay/City view and an ensuite bathroom. Both guest rooms have access to the Bay balcony with water views from every room to enjoy epic sunsets and amazing sunrises. Live the Ritz-Carlton lifestyle with amenities including a private owner's pool & spa, social room w/kitchen, board room, billiard or ping-pong room, theater with tiered seating, massage room, 24-hour concierge, state-of-the-art fitness center, 2 guest suites, and a dog run.
Maintenance fee covers building exterior, cable, internet, escrow reserve funds, the electric bill for the common area, flood insurance, ground maintenance, building insurance, maintenance and repairs, manager, public insurance, recreational facilities, roof, security, trash removal, and water and sewer, also a very healthy reserve. Minutes to St. Armand's Circle! 2 parking spaces under the building on the lobby level. Air-conditioned storage on the amenity level. TWO pets are welcome: no weight limit! Ritz Carlton Beach Club Membership is available for transfer immediately with purchase; no need to wait.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $42,998
Year Built
- Built in 2005
Lot Details
- Beach Front
- 400 Feet of Gulf Waterfront
- Street terminates at a dead end
- West Facing Home
- Dog Run
- Masonry wall
- Mature Landscaping
- Irrigation
- Street paved with bricks
- Landscaped with Trees
HOA Fees
- $3,348 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Circular Driveway
- Secured Garage or Parking
- Off-Street Parking
Property Views
Home Design
- Custom Home
- Mediterranean Architecture
- Slab Foundation
- Concrete Roof
- Concrete Siding
- Block Exterior
- Pile Dwellings
- Stucco
Interior Spaces
- 4,194 Sq Ft Home
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar Fridge
- Chair Railings
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- High Ceiling
- Electric Fireplace
- Thermal Windows
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Insulated Windows
- Tinted Windows
- Shades
- Drapes & Rods
- Sliding Doors
- Family Room Off Kitchen
- Breakfast Room
- Formal Dining Room
- Inside Utility
- Sauna
Kitchen
- Breakfast Bar
- Dinette
- Built-In Convection Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Carpet
- Marble
- Travertine
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- Dual Sinks
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Laundry in Hall
- Dryer
- Washer
Home Security
- Home Security System
- Security Lights
- Smart Home
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Pool Deck
- Outdoor Shower
- Outside Bathroom Access
- Pool Tile
- Pool Lighting
Outdoor Features
- Water access To Gulf or Ocean
- Access To Intracoastal Waterway
- Balcony
- Wrap Around Porch
- Patio
- Exterior Lighting
- Outdoor Storage
- Outdoor Grill
- Private Mailbox
Location
- Flood Insurance May Be Required
Schools
- Southside Elementary School
- Brookside Middle School
- Booker High School
Utilities
- Zoned Heating and Cooling System
- Thermostat
- Natural Gas Connected
- Electric Water Heater
- Water Softener
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 2017032027
Community Details
Overview
- Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
- Ritz Carlton Managed Scott Tocher Association, Phone Number (941) 309-2890
- The Beach Residences Community
- The Beach Residences Subdivision
- On-Site Maintenance
- Association Owns Recreation Facilities
- The community has rules related to fencing, vehicle restrictions
- 12-Story Property
Amenities
- Sauna
- Community Storage Space
- Elevator
Recreation
- Community Pool
- Community Spa
Pet Policy
- Pets up to 150 lbs
- 2 Pets Allowed
Security
- Security Service
- Card or Code Access
- Gated Community
- High Impact Windows
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2023
Closed on
May 25, 2023
Sold by
Tibbetts Douglas A and Tibbetts Cynthia J
Bought by
Boyer Dennis and Boyer Vicky
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$5,500,000
Sold Price
$5,300,000
Premium/Discount to List
-$200,000
-3.64%
Total Days on Market
51
Views
89
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
$34,516
Avg. Annual Appreciation
0.72%
Purchase Details
Closed on
Jul 10, 2014
Sold by
Gagne Robert H
Bought by
Tibbetts Douglas A and Tibbetts Cynthia J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
1.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 2, 2008
Sold by
Gagne Robert
Bought by
Gagne Robert H
Purchase Details
Closed on
Jan 26, 2007
Sold by
Bc/Unit 601 Llc
Bought by
Gagne Robert
Purchase Details
Closed on
Dec 15, 2005
Sold by
The Beach Residences Llc
Bought by
Bc/Unit 601 Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Boyer Dennis | $5,141,000 | None Listed On Document | |
| Tibbetts Douglas A | $3,204,500 | Attorney | |
| Gagne Robert H | -- | Attorney | |
| Gagne Robert | -- | None Available | |
| Bc/Unit 601 Llc | $2,995,000 | Paramount Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tibbetts Douglas A | $1,750,000 | |
| Previous Owner | Gagne Robert H | $1,255,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/25/2023 05/25/23 | Sold | $5,300,000 | -3.6% | $1,264 / Sq Ft |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- |
| 03/10/2023 03/10/23 | For Sale | $5,500,000 | -- | $1,311 / 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 | $43,995 | $3,982,800 | -- | $3,982,800 |
| 2023 | $43,995 | $2,978,052 | $0 | $0 |
| 2022 | $42,998 | $2,891,313 | $0 | $0 |
| 2021 | $43,496 | $2,807,100 | $0 | $2,807,100 |
| 2020 | $45,314 | $2,848,468 | $0 | $0 |
| 2019 | $44,186 | $2,784,426 | $0 | $0 |
| 2018 | $43,495 | $2,732,508 | $0 | $0 |
| 2017 | $43,013 | $2,676,306 | $0 | $0 |
| 2016 | $42,996 | $3,131,100 | $0 | $3,131,100 |
| 2015 | $43,656 | $3,084,900 | $0 | $3,084,900 |
| 2014 | $36,735 | $2,141,649 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Kepecz-Hays
-
Stellar Non-Member Agent
S
Buyer's Agent in 2023
Stellar Non-Member Agent
FL_MFRMLS
About The Beach Residences at Lido Key
Map
Similar Homes in the area
Source: Stellar MLS
MLS Number: A4563447
APN: 2017-03-2027
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