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$499,000

1001 Benjamin Franklin Drive Sarasota, FL 34236 Residential - Condominium Active

  • 1001 Benjamin Franklin Drive, Unit 503, Sarasota, FL 34236 Main Photo

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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 Highlights

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central, Electric
Home Style: Florida
Lot Size: 2.52 Acres
Roof Type: Concrete
Stories: 1.0
Taxes: $6,110
Year Built: 1980

General Information

Bedrooms: 1
Bathrooms: 1 Full 1 Half
Sqft: 813
County: Sarasota
High School: Sarasota High
Subdivision: LIDO TOWERS
Listed By:
Janette Schafer COLDWELL BANKER REALTY 941-366-8070

Amenities

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)
Balcony
Lighting
Sliding Doors

Room Information

Kitchen: 10x8
Living Room: 24x14
Primary Bedroom: 14x12
Balcony/Porch/Lanai: 14x5

Property Features

Appliances: Dishwasher, Microwave, Range, Refrigerator
Association Amenities: Clubhouse, Elevator(s), Laundry, Other, Pool, Sauna, Security, Spa/Hot Tub
Body of Water: GULF OF MEXICO
Community Features: Buyer Approval Required, Clubhouse, Pool
Days on Site: 7
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.
Exterior: Concrete
Flood Zone Code: AE
Flooring: Vinyl
Foundation: Slab
HOA Fee: 2940/ Quarterly
HOA Y/N: Yes
Home Warranty Y/N: No
Hot Tub: Yes
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: City Limits, Paved
Lot Dimensions: 2.52
Number of Pets: 1
Ownership: Condominium
Parking: Assigned, Guest
Parking Notes: Assigned, Guest
Patio/Porch: Covered, Screened
Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
Pets Restrictions: Buyer and Buyer's agent to verify with association. Pet weight limit is 25lbs or less.
Pets Size: Small (16-35 Lbs.)
Pets Weight (Max): 25
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Before Showing, Call Listing Agent, Listing Agent Must Accompany, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Vegetation: Mature Landscaping, Trees/Landscaped
Water: Public
Water Access Y/N: No
Zoning: RMF4
$499,000
1beds
1.5baths
813sqft
Active
BEDS1 BATHS1 full 1 partial SQUARE FEET813 MLS#A4680281
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONLIDO TOWERS

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1001 Benjamin Franklin Drive, Unit 503, Sarasota, FL 34236.

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Estimated Payment

$ 2,337.75 per month $1,683.04 Principal & Interest $509.17 Property Tax $145.54 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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