Listing provided courtesy of MICHAEL SAUNDERS & COMPANYas Distributed by MLSGrid- MLS# MFRA4643855MLS Provider

1001 BENJAMIN FRANKLIN DRIVE #511SARASOTA, FL 34236

Condo · 1 Bed · 1 Full Bath · 1 Half Bath · 813 Sq. ft.
$499,000 Active

1001 BENJAMIN FRANKLIN DRIVE #511 Overview

Time on Site:
477 days
Visits:
2

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.

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1001 BENJAMIN FRANKLIN DRIVE #511 Facts & Features

  • Type Condo
  • Sq. ft. 813
  • Price/Sq.ft. $614

Details

General

Association/HOA

  • Association Amenities: Clubhouse,Elevators,Laundry,Lobby Key Required,Maintenance,Pool,Security,Storage
  • Association Fee Includes: Cable TV,Pool,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Sewer,Trash,Water
  • Association Name: Casey Realty Corp
  • Association: No

School Information

  • Elementary School: Southside Elementary
  • Middle Or Junior School: Booker Middle
  • High School: Sarasota High

Building Information

  • New Construction: No
  • Year Built: 1980

Location/Region

  • Country: US
  • County Or Parish: Sarasota
  • MLS Area Major: 34236 - Sarasota
  • Subdivision Name: LIDO TOWERS
  • Township: 36S

Community/Development

  • Community Features: Buyer Approval Required,Clubhouse,Pool

Tax Information

  • Tax Annual Amount: 5166
  • Tax Year: 2024

General Information

  • Furnished: Turnkey
  • Listing Terms: Cash,Conventional
  • Ownership: Condominium
  • Parcel Number: 2016145060
  • Pets Allowed: Yes
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: RMF3

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 1

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 888
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Microwave,Range,Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Laminate,Tile
  • Foundation Details: Pillar/Post/Pier
  • Heating: Central
  • Interior Features: Primary Bedroom Main Floor
  • Laundry Features: Laundry Room
  • Levels: One
  • Living Area: 813
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Stories Total: 1

Unit Information

  • Unit Number: 511

Exterior

Parking Information

  • Parking Features: Assigned,Covered,Open

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0
  • Lot Size Square Feet: 0
  • Road Surface Type: Asphalt
  • Vegetation: Mature Landscaping
  • Water Source: Public

Waterfront/View

  • Water Body Name: GULF OF MEXICO
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Concrete
  • Direction Faces: West
  • Patio And Porch Features: Porch,Screened
  • Roof: Other

General Information

  • Carport Spaces: 1
  • Carport: Yes
  • Exterior Features: Balcony,Outdoor Grill,Outdoor Shower,Private Mailbox,Sliding Doors,Storage
  • Other Structures: Storage
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Connected,Water Connected

Room Information

Room: Balcony/Porch/Lanai

  • Level: First
  • Dimensions: 5x14
  • Length: 14
  • Width: 5

Room: Bedroom 2

  • Level: First
  • Dimensions: 4.1x4.8
  • Length: 4.8
  • Width: 4.1

Room: Dining Room

  • Level: First
  • Dimensions: 10x11
  • Length: 11
  • Width: 10

Room: Kitchen

  • Level: First
  • Dimensions: 8x9.7
  • Length: 9.7
  • Width: 8

Room: Living Room

  • Level: First
  • Dimensions: 14x14
  • Length: 14
  • Width: 14

Room: Primary Bathroom

  • Level: First
  • Dimensions: 4.1x4.9
  • Length: 4.9
  • Width: 4.1

Room: Primary Bedroom

  • Level: First
  • Dimensions: 14x13.5
  • Length: 13.5
  • Width: 14

1001 BENJAMIN FRANKLIN DRIVE #511 Neighborhood

Community

34236 (SARASOTA) Demographics

67
Median Age
1,633
Population Density (per sq. mile)
64%
College Educated
$80,761
Estimated Median Income
4,713
Estimated Total Home Owners
2,939
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1001 BENJAMIN FRANKLIN DRIVE #511 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1001 BENJAMIN FRANKLIN DRIVE #511 Market Data

Based on the last 30 days in this zip code

$3,322,032
Average List Price
$1,279
Average Price per Square Foot
52
Properties Sold
266
Average Days on Market
584
Properties for Sale
Calculations provided by Reliance Network

1001 BENJAMIN FRANKLIN DRIVE #511 History

Date Event Value Agent
4/28/2026Source: My Florida Regional MLS Price Reduction
$499,000 -6.7%
3/10/2025Source: My Florida Regional MLS Added to Database
March 10, 2025
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022