1001 BENJAMIN FRANKLIN DRIVE 503 Sarasota, FL $ 499,000
1001 BENJAMIN FRANKLIN DRIVE 503
$ 499,000
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1001 BENJAMIN FRANKLIN DRIVE 503

Sarasota, FL, 34236
$ 499,000
Bedrooms1 Baths1.1 Sq 813

Monthly Estimate*

$ 3,072

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Condo for sale in Sarasota, FL

for $499,000 with 1 bedroom and 1 full bath, 1 half bath. This 813 square foot condo was built in 1980 on a lot size of 2.52.

HIGH & DRY! Renovated Coastal Retreat with Private Beach Access on Lido Key. Indulge in the ultimate island lifestyle with deeded private access to the pristine shores of Lido Beach, just steps from your doorstep. This beautifully improved 5th-floor residence in the very well-maintained Lido Towers offers the perfect blend of comfort, convenience, and relaxed waterfront living. Ideal for both full-time residents and seasonal owners. The condo has been recently renovated, including new flooring throughout, creating a fresh and elevated coastal aesthetic. The updated kitchen features solid wood cabinetry, quartz countertops, and modern appliances, blending functionality with timeless style. Enjoy peaceful mornings on your covered, screened-in balcony before heading out for a day on the sand. This residence offers 1 bedroom and 1.5 bathrooms, including a spacious owner’s suite with an ensuite bath and tub/shower combination. Additional highlights include covered parking, ample guest parking, a private storage closet, and access to exceptional community amenities such as a large resort-style pool, jacuzzi, and club room with a kitchen and seating area. Laundry facilities are conveniently located on each floor and feature brand-new flooring. The building itself has undergone significant updates, including a new roof, modernized elevators, renovated mailroom, and updated laundry room flooring, enhancing both value and peace of mind. Living on the south end of Lido Key provides an unparalleled coastal experience surrounded by world-class beaches, scenic parks, and endless outdoor recreation. Enjoy effortless sunrise walks along Lido Beach and South Lido Beach, paddleboard through the mangrove tunnels at Ted Sperling Park, or explore nature trails and kayaking at South Lido Park. Residents can stroll to St. Armands Circle for fine dining and boutique shopping, or take a short drive over the iconic John Ringling Causeway into downtown Sarasota for farmers markets, waterfront festivals, boat shows, and a vibrant arts scene. One of the few rental-friendly buildings on Lido Key, Lido Towers allows one-month minimum rentals up to twelve times a year, which offers excellent flexibility for personal use or investment potential. All milestone inspections have been completed, reserves are fully funded, and there are no assessments or dues increases currently anticipated. Whether you’re soaking up the Florida sunshine, enjoying turquoise Gulf waters, or embracing Sarasota’s cultural energy, this residence delivers the very best of Lido Key living. Don’t miss your opportunity to own a piece of paradise in one of Sarasota’s most desirable island communities. Call us today! HURRICANE WINDOWS & DOORS (2021). NEWER AC (2023).

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Condo Active

Price

$ 499,000

Bedrooms

1

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 6,110

Style

Florida

Lot Size

2.52

Year Built

1980

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4680281

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Electricity Connected Public Sewer Connected Underground Utilities Water Connected
Roof Concrete
Appliances Dishwasher Microwave Range Refrigerator
Zoning RMF4
HOA Fee 2940
Association Fee Includes Community Pool Internet Maintenance Grounds Manager Pool Maintenance Sewer Trash Water
Patio/Porch Features Covered Screened
Architectural Style Florida
Construction Materials Concrete
Pets Allowed Cats OK Dogs OK Number Limit Size Limit Yes
Year Built 1980
Levels One
Unit Number 503
Property Subtype Condominium
Tax Year 2025
Ownership Condominium
Community Features Buyer Approval Required Clubhouse Pool
Assoc Fee Paid Per Quarterly
County Sarasota
New Construction false
Property Type Residential
Association Amenities Clubhouse Elevator(s) Laundry Other Pool Sauna Security Spa/Hot Tub
Attached Garage false
Subdivision Name LIDO TOWERS
Facing Direction East
Garage Y/N false
Total Rooms 4
Full Baths 1
Status Active
Directions From I75 take exit for Fruitville road heading west then turn left onto US41 and follow over Ringling Bridge then turn left onto S Washington Drive then turn left onto S Boulevard of the Presidents. The condo unit will be on the right.
High School Sarasota High
City SARASOTA
Body of Water GULF OF MEXICO
Association Name Casey Managment - Molly Meleod
Senior Community Y/N false
MLS Area 34236 - Sarasota
Lot Size Units Acres
Lot Size Square Feet 109825
Carport Spaces 1
Carport Y/N true
Listing Terms Cash Conventional FHA VA Loan
Elementary School Southside Elementary
Land Lease Y/N false
Tax Annual Amount 6110.26
Home Warranty Y/N false
Middle/Junior High School Booker Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4680281
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 503
Legal Description UNIT 503 LIDO TOWERS
Pet Size Limit Small (16-35 Lbs.)
Minimum Lease 1 Month
Water Access Y/N false
Monthly HOA Amount 980
HOA Monthly Maintenance 0
Water View Y/N false
Flood Zone Code AE
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Crown Molding Eating Space In Kitchen Kitchen/Family Room Combo Living Room/Dining Room Combo Open Floorplan Solid Wood Cabinets Stone Counters Thermostat Tray Ceiling(s) Walk-In Closet(s)
Flooring Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Laundry Features Same Floor As Condo Unit
Total Bedrooms 1
Total Baths 2
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Exterior
Exterior Amenities Balcony Lighting Sliding Doors
Vegetation Mature Landscaping Trees/Landscaped
Parking Features Assigned Guest
Lot Features City Lot
Water Source Public
Lot Size Area 2.5212
Foundation Details Slab
Spa false
Building Area Total 888
Lot Size Acres 2.52
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 1
Road Frontage Type Street Paved
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* Excluded Features
List By
Coldwell Banker Realty

Broker

janettes1111@yahoo.com

Email

Affordability Calculator

$3,582
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$509
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Sarasota High High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2026$499,000 Listed Price

Map


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1001 BENJAMIN FRANKLIN DRIVE 503, Sarasota, FL, 34236 is a Condo for sale at $499,000 with 813 sqft and a lot size of 2.52. 1001 BENJAMIN FRANKLIN DRIVE 503 has 1 bedrooms, 1.1 baths, and was built in 1980. The property's zip code is 34236 which is in Sarasota, FL