1001 Benjamin Franklin Drive, FL
Stellar MLS

$499,000

1001 Benjamin Franklin Drive

Sarasota, FL 34236

Listing updated: April 28, 2026 at 3:26 PM ET

Active
1
Bed
2
Baths
813
Sq Ft
0
Acres
1980
Built
Water access$614/sqft
Condominium

Property type

1980

Year built

$614

Price / sq ft

No HOA

HOA dues

414

Days on market

AE

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

Principal & interest$2,523
Property taxes$431
Home insurance (est.)$229

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

  1. Status: Active
    Mar 10, 2025
  2. Listed$535,000
    Mar 10, 2025
  3. 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

ElementarySouthside ElementaryGreatSchools ↗
MiddleBooker MiddleGreatSchools ↗
High SchoolSarasota HighGreatSchools ↗

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

RoomLevelDimensions
Living RoomFirst14x14
Dining RoomFirst10x11
KitchenFirst8x9.7
Primary BedroomFirst14x13.5
Primary BathroomFirst4.1x4.9
Bedroom 2First4.1x4.8
Balcony/Porch/LanaiFirst5x14

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

High riskFEMA Zone AEPanel 12115C0137G

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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MLS GRID

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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA