For SaleRisky Deal1 days on market
1212 BENJAMIN FRANKLIN DRIVE #604
1212 BENJAMIN FRANKLIN DRIVE #604, SARASOTA, FL 34236, Sarasota, FL 34236
$899,000
Listing Price
1212 BENJAMIN FRANKLIN DRIVE #604, SARASOTA, FL 34236
Loc: Sarasota, FL
Days Listed
1
Tax Assessed
$921k
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Southside Elementary School
K-5
2.5 mi away
5
Booker Middle School
6-8
5.2 mi away
3
Booker High School
9-12
4.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
balconybeachfrontocean viewstuccomoderncondominiumoutdoor seatingsunsettropical landscapingterraceluxurycoastal stylewicker furniture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.79%
Total ROI
84.6%
Cash Flow
$-329/mo
DSCR
0.93
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-329/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in Sarasota
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $899,000 | $633 |
| 2020-09-21 | Sold | $660,000 | $464 |
| 2020-07-30 | Pending sale | $679,000 | $478 |
| 2020-07-13 | Listed for sale | $679,000 | $478 |
| 2018-04-11 | Sold | $657,000 | $462 |
| 1997-10-17 | Sold | $195,000 | $137 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $13,189.81 | $820,721 |
| 2024 | $12,578.53 | $746,110 |
| 2023 | $12,458.76 | $678,282 |
| 2022 | $10,881.16 | $616,620 |
| 2021 | $8,206.54 | $515,200 |
| 2020 | $6,505.74 | $434,100 |
| 2019 | $6,773.96 | $452,100 |
| 2018 | $6,773.96 | $375,749 |
| 2017 | $5,576.76 | $368,021 |
| 2016 | $5,653.28 | $496,000 |
| 2015 | $5,653.28 | $414,100 |
| 2014 | $5,644.88 | $349,857 |
| 2013 | $5,609.97 | $349,857 |
| 2012 | $5,396.64 | $344,009 |
| 2011 | $5,109.38 | $332,616 |
| 2010 | $5,128.71 | $327,700 |
| 2009 | $7,550.98 | $416,100 |
| 2008 | $7,550.98 | $502,900 |
| 2007 | $8,145.03 | $522,680 |
| 2006 | $0 | $509,932 |
| 2005 | $0 | $495,080 |
| 2004 | $7,013.85 | $381,100 |
| 2003 | $6,614.96 | $346,437 |
| 2002 | $5,721.64 | $296,100 |
| 2001 | $3,408.43 | $179,426 |
| 2000 | $3,321.76 | $174,200 |
Similar Properties Nearby
Explore other investment opportunities in Sarasota.