
$499,000
1001 Benjamin Franklin Drive
Sarasota, FL 34236
Listing updated: April 28, 2026 at 3:26 PM ET
Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Welcome to Your Beach Retreat at Lido Towers where luxury meets laid-back coastal living on the stunning shores of Lido Key. Lido Towers was built on a raised foundation — the only condo on Lido never to experience flooding This beautifully updated turnkey-furnished condo offers an exclusive gated beach access directly across the street on the north side of Lido Surf and Sand. Step inside to discover a bright, open-concept floor plan designed with coastal elegance in mind. NEW WINDOWS and SLIDERS April 2026 and 2023 renovated kitchen features sleek modern finishes, quartz, while light-toned flooring enhances the airy, beachy feel throughout the unit. The spacious primary suite offers a fully updated en-suite bathroom with contemporary fixtures, and an additional updated half bath adds convenience for guests. Relax and unwind on your private south-facing balcony, perfect for soaking in the Florida sunshine. Additional highlights include AC installed in 2024, Pet-friendly building, New Roof, New carports, plus ample guest, and second-vehicle parking, lots of storage and bicycle parking. There is Laundry facilities on every floor. Exceptional Amenities: Enjoy the newly updated heated pool, jacuzzi spa, and expansive sunset deck with lounge chairs, umbrellas, and poolside tables. Host gatherings in the club room, complete with kitchen, seating, and BBQ. Fully funded updates to lobby, clubhouse, balconies, elevators, and new fitness equipment coming in 2026. Investment Opportunity: One of the few rental-friendly buildings on Lido Key, Lido Towers allows monthly rentals up to 12 times per year — an income-generating opportunity made even easier with an on-site rental agent. Peace of Mind Comes Standard: Milestone inspections completed, Fully funded reserves, No upcoming assessments. Location, Location, Lifestyle: Steps from Ted Sperling Park for kayaking, paddle boarding, and exploring lush mangrove forests. A short stroll to St. Armands Circle for shopping, dining, and art. Free trolley stops in front of building to downtown Sarasota for world-class dining and entertainment. Don’t miss this rare opportunity to own a slice of paradise in one of Lido Key’s most desirable communities.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history414 days on market
- Status: ActiveMar 10, 2025
- Listed$535,000Mar 10, 2025
- Price reduced$499,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 414
- Subdivision
- Lido Towers
- County
- Sarasota
- Year built
- 1980
- Living area
- 813 sq ft
- Price/sq ft
- $614
- Building area
- 888 sq ft (Public Records)
- Lot size
- 0 sq ft
- Flood zone
- AE (12115C0137G)
- Annual taxes
- $5,166 (2024)
- Parcel #
- 2016145060
- Zoning
- RMF3
- MLS #
- A4643855
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Half bathrooms
- 1
- Flooring
- Laminate, Tile
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Interior features
- Primary Bedroom Main Floor
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Assigned, Covered, Open
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $979/mo
- Total annual fees
- $11,748
- HOA name
- Casey Realty Corp
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- On-site rental agent available
- Approval process
- Application and credit check
Exterior & Construction
- Exterior features
- Balcony, Outdoor Grill, Outdoor Shower, Private Mailbox, Sliding Doors, Storage
- Construction materials
- Concrete
- Roof
- Other
- Foundation
- Pillar/Post/Pier
- Water access
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 14x14 |
| Dining Room | First | 10x11 |
| Kitchen | First | 8x9.7 |
| Primary Bedroom | First | 14x13.5 |
| Primary Bathroom | First | 4.1x4.9 |
| Bedroom 2 | First | 4.1x4.8 |
| Balcony/Porch/Lanai | First | 5x14 |
Listing Details
- Listing date
- 2025-03-10
- On market date
- 2025-03-10
- Original list price
- $535,000
- Occupant type
- Owner
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-03-10
- Tax legal description
- UNIT 511 LIDO TOWERS
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Located between Benjamin Franklin Dr. and Blvd of the Presidents between Roosevelt and McKinley Dr.. Unit in South tower.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 28, 2026 at 3:26 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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