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Sold for $2,100,000
  • $2,100,000

    1800 BENJAMIN FRANKLIN DRIVE #B507, SARASOTA, FL 34236

    3beds
    1,980sqft
    Condominium
    Built in 1996
    -- sqft lot
    $1,950,800 Zestimate®
    $1,061/sqft
    $7,571 Estimated rent

    Home value

    $1,950,800

    $1.76M - $2.17M

    $7,571/mo

    Zestimate® history
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    What's special

    Hot tubHar-tru tennis courtsFresh paintSpacious laundry roomThoughtful floorplanPlush new carpetingState-of-the-art fitness center
    Experience unparalleled luxury in this beautifully updated 3-bedroom, 3-bathroom condo at the highly coveted L Elegance building on Lido Key, offering sweeping views of both the Bay and the Gulf of Mexico. This exquisite turn-key furnished residence has been meticulously modernized with neutral color palette throughout. The kitchen has been reimagined to enhance functionality and opened to capture more gorgeous views, creating a bright and airy space with ample counter space. European-style cabinetry with a sleek exterior, featuring natural maple interiors and soft-close doors, adds timeless elegance, while the Cambria countertops in varying tones lend an ultra-modern flair. Neutral wood toned tile flooring flows throughout the condo, with plush new carpeting in the bedrooms for added comfort. No detail has been overlooked: solid core doors, new baseboards, fresh paint, and upgraded hardware throughout. The bathrooms have been completely renovated with the latest design trends, and the primary bath offers a luxurious spa-like retreat with custom closet systems. Step outside and prepare to be captivated by the breathtaking views that surround you. Enjoy both sunrise and sunset from your expansive balconies—one offering panoramic views of the downtown skyline and sparkling Bay, and the other providing a front-row seat to the mesmerizing Gulf sunsets. Whether you’re relaxing on your terrace or watching the lights of downtown illuminate the evening sky, this residence delivers a front-row view of the best of Lido Key. Designed with privacy in mind, the condo features a thoughtful floorplan that ensures each bedroom enjoys its own peaceful retreat. The spacious laundry room is equipped with a sink, making it easy to manage wet bathing suits and towels after a day at the pool and beach. In addition to its unparalleled views and exquisite design, the L ‘Elegance building offers a wealth of world-class amenities to enhance your lifestyle. Dive into relaxation with the expansive lap pool, hot tub, and wading pool. Stay active in the state-of-the-art fitness center, complete with separate men’s and women’s locker rooms featuring saunas. For tennis enthusiasts, L Elegance is home to the only two Har-Tru tennis courts on Lido Key. The building also boasts a card and billiards room, 24/7 gated security, and underground parking for convenience and peace of mind. Live the dream in this exclusive rare gem offering a sophisticated and tranquil haven with stunning views. Just a short stroll away, explore the iconic St. Armands Circle, a vibrant shopping and dining destination nestled in a beautiful park-like setting. Enjoy art shows and lively events throughout the year, adding a touch of culture and excitement to your calendar. Only a short drive across the bridge, the heart of downtown Sarasota awaits, offering more top-tier restaurants, boutique shopping, and entertainment. Your perfect paradise is calling—experience the ultimate in exceptional living at L Elegance.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nathalie Nolander 941-962-9901,

    COLDWELL BANKER REALTY 941-383-6411,

    Courtney Tarantino 941-893-7203,

    COLDWELL BANKER REALTY

    Bought with:

    Susan Harding, 3501576

    CORCORAN DWELLINGS REALTY

    Source: Stellar MLS,MLS#: A4634412MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 20x14
    Bedroom 2
    • Features: En Suite Bathroom, Built-in Closet
    • Level: First
    • Dimensions: 13x11
    Bedroom 3
    • Features: En Suite Bathroom, No Closet
    • Level: First
    • Dimensions: 13x11
    Kitchen
    • Features: Built-in Features
    • Level: First
    • Dimensions: 18x9
    Living room
    • Level: First
    • Dimensions: 27x18
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
    • Flooring: Carpet, Porcelain Tile
    • Doors: Outdoor Shower
    • Windows: Shades, Shutters, Window Treatments, Hurricane Shutters
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit,End Unit
    Interior area
    • Total structure area: 2,700
    • Total interior livable area: 1,980 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Circular Driveway, Covered, Deeded, Garage Door Opener, Ground Level, Guest, Under Building
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Balcony, Irrigation System, Lighting, Outdoor Shower, Sauna, Storage, Tennis Court(s)
    • Pool features: Gunite, Heated, In Ground, Lap
    • Spa features: In Ground
    • Has view: Yes
    • View description: City, Tennis Court, Water, Bay/Harbor - Full, Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Full,Gulf/Ocean - Partial
    • Waterfront features: Gulf/Ocean Front, Waterfront, Beach, Gulf/Ocean, Gulf/Ocean Access
    Lot
    • Features: Landscaped, Street Dead-End
    • Residential vegetation: Trees/Landscaped
    Details
    • Additional structures: Storage, Tennis Court(s)
    • Parcel number: 2017104042
    • Zoning: WFR
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    • Foundation: Pillar/Post/Pier
    • Roof: Built-Up
    Condition
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Public

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Waterfront, Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool
    • Security: Gated Community, Security Gate, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: L ELEGANCE ON LIDO BEACH
    HOA
    • Has HOA: No
    • Services included: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
    • HOA fee: $2,575 monthly
    • HOA name: ROLF WISSER
    • HOA phone: 941-388-1819
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,061/sqft
    • Tax assessed value: $1,687,500
    • Annual tax amount: $21,968
    • Date on market: 1/10/2025
    • Cumulative days on market: 6 days
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/12/2025Sold$2,100,000-4.5%$1,061/sqft
    Source: Stellar MLS #A4634412 Report a problem
    1/16/2025Pending sale$2,200,000$1,111/sqft
    Source: Stellar MLS #A4634412 Report a problem
    1/12/2025Listed for sale$2,200,000+125.6%$1,111/sqft
    Source: Stellar MLS #A4634412 Report a problem
    11/23/2024Listing removed$15,000$8/sqft
    Source: Zillow Rentals Report a problem
    10/1/2024Listed for rent$15,000$8/sqft
    Source: Zillow Rentals Report a problem
    10/1/2024Listing removed$15,000$8/sqft
    Source: Stellar MLS #A4619075 Report a problem
    8/2/2024Listed for rent$15,000$8/sqft
    Source: Stellar MLS #A4619075 Report a problem
    1/24/2024Listing removed--
    Source: Stellar MLS #A4592046 Report a problem
    12/10/2023Listed for rent$15,000+114.3%$8/sqft
    Source: Stellar MLS #A4592046 Report a problem
    5/15/2018Sold$975,000-11.3%$492/sqft
    Source: Public Record Report a problem
    4/12/2018Pending sale$1,099,000$555/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4188540 Report a problem
    3/9/2018Price change$1,099,000-4.4%$555/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4188540 Report a problem
    2/19/2018Price change$1,149,000-4.2%$580/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4188540 Report a problem
    10/3/2017Price change$1,199,000-4.1%$606/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4188540 Report a problem
    6/20/2017Listed for sale$1,250,000+228.9%$631/sqft
    Source: Coldwell Banker Residential Real Estate - Longboat Key #A4188540 Report a problem
    1/6/2016Listing removed$7,000$4/sqft
    Source: JENNETTE PROPERTIES INC #A366234 Report a problem
    7/2/2015Listed for rent$7,000$4/sqft
    Source: JENNETTE PROPERTIES INC #A366234 Report a problem
    5/17/2015Listing removed$7,000$4/sqft
    Source: JENNETTE PROPERTIES INC #A366234 Report a problem
    5/17/2015Price change$7,000+16.7%$4/sqft
    Source: JENNETTE PROPERTIES INC #A366234 Report a problem
    2/16/2011Listed for rent$6,000$3/sqft
    Source: JENNETTE PROPERTIES INC #A366234 Report a problem
    5/1/1998Sold$380,000$192/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,031 +13.9%$1,616,890 +10%
    2024$21,969 +10.8%$1,469,900 +8.2%
    2023$19,830 +27.5%$1,358,100 +37.3%
    2022$15,556 +9.1%$989,230 +10%
    2021$14,259 -0.3%$899,300 +2.4%
    2020$14,296 -5.5%$878,200 -5.9%
    2019$15,129 $932,900 -7.1%
    2018$15,129 -7.3%$1,004,600 +0.9%
    2017$16,317 +9.3%$995,500 +10%
    2016$14,924 $905,000 +1.5%
    2015$14,924 +10.7%$891,700 +27.3%
    2014$13,482 +7%$700,227
    2013$12,601 +7.2%$700,227 +10%
    2012$11,752 +19.1%$636,570 +10%
    2011$9,871 -17.3%$578,700 -16.1%
    2010$11,938 -17.8%$689,800 -30.2%
    2009$14,518 $988,000 +9.5%
    2008$14,518 -12.4%$902,200 -11.9%
    2007$16,570 $1,024,200 -2.2%
    2006-- $1,047,400 +26.6%
    2005-- $827,488 +16.9%
    2004$12,824 -10.3%$707,600 -7.6%
    2003$14,295 +21.3%$765,567 +21%
    2002$11,785 +27.1%$632,700 +20%
    2001$9,272 +22.9%$527,234 +25%
    2000$7,547 $421,787
    Find assessor info on the county website

    Neighborhood: Lido Key

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Booker Middle
    • High: Sarasota High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,950,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,950,800