1001 BENJAMIN FRANKLIN DRIVE UNIT 503

For sale Days on market 90

$499,000

$614/sq ft

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Overview

Bedroom

Bath

Year Built

1980

Sqft

813

Property Type

Condominium

Property Description

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).

Property Details

MLS#

A4680281

Total Floor in Bldg

Address

1001 BENJAMIN FRANKLIN

City

Sarasota

State/county

Zip/Postal Code

34236

Area

Lido Towers

Country

United States

HOA

Yes

Assoc Fee

$2,940

Assoc Fee Pd

Quarterly

Tax Amount

$6,110

Maint Fee

$--

Tax Year

2025

Dishwasher

Microwave

Range

Refrigerator

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