1001 Benjamin Franklin Drive 503 Sarasota, FL 34236
Listing Courtesy of: MLS LogoSTELLAR / Coldwell Banker Realty / Janette Schafer / John Schafer - Contact:  941-366-8070

  1001 Benjamin Franklin Drive 503 Sarasota, FL 34236

Active (1 Days)
$499,000 (USD)
1
BED
2
BATH
813
SQFT

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).

MLS #:
A4680281
Taxes
$6,110(2025)
Lot Size
2.52 acres
Type
Condo
Year Built
1980
Style
Florida
County
Sarasota County

Listed By

Janette Schafer, Coldwell Banker Realty, Contact: 941-366-8070
John Schafer, Coldwell Banker Realty
Source
STELLAR
Last checked Feb 24 2026 at 8:00 PM EST
Bathroom Details
  • Full Bathroom: 1
  • Half Bathroom: 1
Interior Features
  • Unfurnished
  • Stone Counters
  • Kitchen/Family Room Combo
  • Solid Wood Cabinets
  • Crown Molding
  • Living Room/Dining Room Combo
  • Walk-In Closet(s)
  • Appliances: Dishwasher
  • Appliances: Refrigerator
  • Ceiling Fans(s)
  • Open Floorplan
  • Appliances: Microwave
  • Appliances: Range
  • Tray Ceiling(s)
  • Thermostat
  • Eat-In Kitchen
Subdivision
  • Lido Towers
Lot Information
  • City Limits
  • Paved
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Electric
  • Central Air
Homeowners Association Information
  • Dues: $2940/Quarterly
Flooring
  • Vinyl
Exterior Features
  • Concrete
  • Roof: Concrete
Utility Information
  • Utilities: Cable Available, Public, Water Connected, Water Source: Public, Bb/Hs Internet Available, Electricity Connected, Sewer Connected, Underground Utilities
  • Sewer: Public Sewer
School Information
  • Elementary School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
Parking
  • Guest
  • Assigned
Stories
  • 1
Living Area
  • 813 sqft
Additional Information: Sarasota Downtown | 941-366-8070
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 2/24/26 12:00