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1001 Benjamin Franklin Drive 503
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PRICED AT ONLY: $499,000

Address: 1001 Benjamin Franklin Drive 503, SARASOTA, FL 34236

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 owners 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 youre soaking up the Florida sunshine, enjoying turquoise Gulf waters, or embracing Sarasotas cultural energy, this residence delivers the very best of Lido Key living. Dont miss your opportunity to own a piece of paradise in one of Sarasotas most desirable island communities. Call us today! HURRICANE WINDOWS & DOORS (2021). NEWER AC (2023).
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  • MLS#: A4680281 ( Residential )
  • Street Address: 1001 Benjamin Franklin Drive 503
  • Viewed: 14
  • Price: $499,000
  • Price sqft: $562
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 888
  • Bedrooms: 1
  • Total Baths: 2
  • Full Baths: 1
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 1
  • Days On Market: 25
  • Acreage: 2.52 acres
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Lighting, Sliding Doors
  • Flooring: Vinyl
  • Living Area: 813.00
  • Roof: Concrete
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: City Limits, Paved
School Information
  • High School: Sarasota High
  • Middle School: Booker Middle
  • School Elementary: Southside Elementary
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Assigned, Guest
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 1.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Amenities
  • Association Amenities: Clubhouse, Elevator(s), Laundry, Other, Pool, Sauna, Security, Spa/Hot Tub
Finance and Tax Information
  • Home Owners Association Fee Includes: Pool, Internet, Maintenance Grounds, Management, Sewer, Trash, Water
  • Home Owners Association Fee: 2940.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Association Name: Casey Managment - Molly Meleod
  • Association Phone: 941-388-5504
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Crown Molding, Eat-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)
  • Legal Description: UNIT 503 LIDO TOWERS
  • Levels: One
  • Area Major: 34236 - Sarasota
  • Occupant Type: Vacant
  • Parcel Number: 2016145052
  • Style: Florida
  • Unit Number: 503
  • Views: 14
  • Zoning Code: RMF4
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