$499,000
1001 Benjamin Franklin Drive #503 Sarasota, FL 34236 - GULF OF MEXICO
For Sale MLS# A4680281
1 beds 2 baths 813 sq ft Condo
Details for 1001 Benjamin Franklin Drive #503
MLS# A4680281
Description for 1001 Benjamin Franklin Drive #503, Sarasota, FL, 34236 - GULF OF MEXICO
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).
Listing Information
Property Type: Residential, Condominium
Status: Active
Bedrooms: 1
Bathrooms: 2
Lot Size: 2.52 Acres
Square Feet: 813 sq ft
Year Built: 1980
Stories: 1 Story
Construction: Concrete
Construction Display: New Construction
Subdivision: Lido Towers
Foundation: Slab
County: Sarasota
Construction Status: New Construction
School Information
Elementary: Southside Elementary
Middle: Booker Middle
High: Sarasota High
Room Information
Main Floor
Porch: 5x14
Primary Bedroom: 12x14
Living Room: 14x24
Kitchen: 8x10
Bathrooms
Full Baths: 1
1/2 Baths: 1
Additonal Room Information
Laundry: Common On Floor
Interior Features
Appliances: Dishwasher, Microwave, Range, Refrigerator
Flooring: Vinyl
Additional Interior Features: Eat-In Kitchen, Walk-In Closet(s), Ceiling Fan(s), Living/Dining Room, Tray Ceiling(s), Built-in Features, Stone Counters, Wood Cabinets, Crown Molding, Kitchen/Family Room Combo, Open Floorplan
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Connected,High Speed Internet Available,Municipal Utilities,Sewer Connected,Underground Utilities,Water Connected
Cooling: Ceiling Fan(s), Central Air
Heating: Electric, Central
Exterior / Lot Features
Parking Description: Assigned, Guest
Roof: Concrete
Pool: Association, Community
Additional Exterior/Lot Features: Balcony, Lighting, Screened, Balcony, Covered, Landscaped, City Lot, Buyer Approval Required
Waterfront Details
Standard Water Body: GULF OF MEXICO
Community Features
Community Features: Clubhouse, Pool
Association Amenities: Spa/Hot Tub, Security, Laundry, Clubhouse, Pool, Sauna, Other, Elevator(s)
HOA Dues Include: Trash, Water, Internet, Sewer, Pool(s), Maintenance Grounds, Association Management
Homeowners Association: Yes
HOA Dues: $2,940 / Quarterly
Driving 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.
Financial Considerations
Terms: Cash,Conventional,FHA,VA Loan
Tax/Property ID: 2016145052
Tax Amount: 6110.26
Tax Year: 2025
A broker reciprocity listing courtesy: COLDWELL BANKER REALTY
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1001 Benjamin Franklin Drive #503
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1001 Benjamin Franklin Drive #503
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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