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$499,000
$614/sqft7% reduced
HOA: $2,937/quTaxes: $5,166/yr529d on market

Lido Towers

1001 BENJAMIN FRANKLIN DR #511, SARASOTA, FL, 34236

View all homes for sale in Lido Towers
1 Beds|2 Baths|813 Sq Ft|Built 1980

Key Features

Single Story
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 7% ($36,000 off original)
  • 529+ days on market — seller may be motivated

Buyer Insights are informational only — always verify with your agent.

Welcome to Your Beach Retreat at Lido Towers where luxury meets laid-back coastal living on the stunning shores of Lido Key. Lido Towers was built on a raised foundation — the only condo on Lido never to experience flooding This beautifully updated turnkey-furnished condo offers an exclusive gated beach access directly across the street on the north side of Lido Surf and Sand. Step inside to discover a bright, open-concept floor plan designed with coastal elegance in mind. NEW WINDOWS and SLIDERS April 2026 and 2023 renovated kitchen features sleek modern finishes, quartz, while light-toned flooring enhances the airy, beachy feel throughout the unit. The spacious primary suite offers a fully updated en-suite bathroom with contemporary fixtures, and an additional updated half bath adds convenience for guests. Relax and unwind on your private south-facing balcony, perfect for soaking in the Florida sunshine. Additional highlights include AC installed in 2024, Pet-friendly building, New Roof, New carports, plus ample guest, and second-vehicle parking, lots of storage and bicycle parking. There is Laundry facilities on every floor. Exceptional Amenities: Enjoy the newly updated heated pool, jacuzzi spa, and expansive sunset deck with lounge chairs, umbrellas, and poolside tables. Host gatherings in the club room, complete with kitchen, seating, and BBQ. Fully funded updates to lobby, clubhouse, balconies, elevators, and new fitness equipment coming in 2026. Investment Opportunity: One of the few rental-friendly buildings on Lido Key, Lido Towers allows monthly rentals up to 12 times per year — an income-generating opportunity made even easier with an on-site rental agent. Peace of Mind Comes Standard: Milestone inspections completed, Fully funded reserves, No upcoming assessments. Location, Location, Lifestyle: Steps from Ted Sperling Park for kayaking, paddle boarding, and exploring lush mangrove forests. A short stroll to St. Armands Circle for shopping, dining, and art. Free trolley stops in front of building to downtown Sarasota for world-class dining and entertainment. Don’t miss this rare opportunity to own a slice of paradise in one of Lido Key’s most desirable communities.

Subdivision
LIDO TOWERS
County
Sarasota
Zip Code
34236
Community
Lido Towers

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High

Neighborhood

Map unavailable

Type
Condominium
Living Area
813 sqft
Construction
Concrete
Roof
Other
Flooring
Laminate, Tile
Pool
No
HOA
$2,937 / Quarterly
  • Primary Bedroom Main Floor
  • Balcony
  • Outdoor Grill
  • Outdoor Shower
  • Private Mailbox
  • Sliding Doors
  • Storage
  • Dishwasher
  • Microwave
  • Range
  • Refrigerator
  • Laundry Room
  • Porch
  • Screened
  • Cable Available
  • Electricity Connected
  • Water Connected
  • Buyer Approval Required
  • Clubhouse
  • Pool
  • Clubhouse
  • Elevators
  • Laundry
  • Lobby Key Required
  • Maintenance
  • Pool
  • Security
  • Storage
  • Cable Tv
  • Pool
  • Escrow Reserves Fund
  • Insurance
  • Internet
  • Maintenance Structure
  • Maintenance Grounds
  • Management
  • Pest Control
  • Sewer
  • Trash
  • Water
  • Storage
Bedrooms
1
Bathrooms
2
Year Built
1980
Construction
Concrete
Flooring
Laminate, Tile
Roof
Other
Garage Spaces
0
Cooling
Central Air
Heating
Central
Waterfront
No
Pet Restrictions
Yes
Lot Size
0 acres
Senior Community
No
Building Elevator
Yes
Pet Size
Small (16-35 Lbs.)
# of Pets
1
Max Pet Weight
35 lbs
Tax Year
2024
Annual Tax Amount
$5,166

Association Fees

  • HOA Fee

    Casey Realty Corp

    $2,937/ Quarterly

Down Payment20% — $99,800
Interest Rate6.50%
Loan Term
Est. Mortgage
$2,523
HOA Fee
$979
Est. Property Tax
$431
Est. Insurance
$166
Total Est. Monthly Cost$4,099

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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