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For sale
  • $535,000

    1001 Benjamin Franklin Dr Unit 511, Sarasota, FL 34236

    1beds
    813sqft
    : 
    Condominium
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $658/sqft
    $979/mo HOA

    What's special

    New roofCoastal eleganceBright open-concept floor planRaised foundation
    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.
    400 days
    |
    133
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Maureen Doherty 941-993-3159,

    MICHAEL SAUNDERS & COMPANY 941-951-6660

    Source: Stellar MLS,MLS#: A4643855MLS LogoOriginating MLS: Sarasota - Manatee

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      • Area: 189 Square Feet
      • Dimensions: 14x13.5
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 19.68 Square Feet
      • Dimensions: 4.1x4.8
      Primary bathroom
      • Level: First
      • Area: 20.09 Square Feet
      • Dimensions: 4.1x4.9
      Balcony porch lanai
      • Level: First
      • Area: 70 Square Feet
      • Dimensions: 5x14
      Dining room
      • Level: First
      • Area: 110 Square Feet
      • Dimensions: 10x11
      Kitchen
      • Level: First
      • Area: 77.6 Square Feet
      • Dimensions: 8x9.7
      Living room
      • Level: First
      • Area: 196 Square Feet
      • Dimensions: 14x14
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Range, Refrigerator
      • Laundry: Laundry Room
      Features
      • Primary Bedroom Main Floor
      • Flooring: Laminate, Tile
      • Doors: Outdoor Grill, Outdoor Shower, Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 888
      • Total interior livable area: 813 sqft
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      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Covered, Open
      • Carport spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch, Screened
      • Exterior features: Balcony, Outdoor Grill, Outdoor Shower, Private Mailbox, Storage
      • Waterfront features: Gulf/Ocean Access
      • Body of water: GULF OF MEXICO
      Lot
      • Residential vegetation: Mature Landscaping
      Details
      • Additional structures: Storage
      • Parcel number: 2016145060
      • Zoning: RMF3
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete
      • Foundation: Pillar/Post/Pier
      • Roof: Other
      Condition
      • Completed
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Water Connected

      Community & HOA

      Community
      • Features: Buyer Approval Required, Clubhouse, Pool
      • Pet fee: $0 monthly
      • Subdivision: LIDO TOWERS
      HOA
      • Has HOA: No
      • Amenities included: Clubhouse, Elevator(s), Laundry, Lobby Key Required, Maintenance, Pool, Security, Storage
      • Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
      • HOA fee: $979 monthly
      • HOA name: Casey Realty Corp
      • HOA phone: 941-922-3391
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $658/sqft
      • Tax assessed value: $342,500
      • Annual tax amount: $5,166
      • Date on market: 3/10/2025
      • Cumulative days on market: 401 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/10/2025Listed for sale$535,000+85.8%$658/sqft
        Source: Stellar MLS #A4643855 Report a problem
        11/10/2016Sold$288,000$354/sqft
        Source: Stellar MLS #A4146619 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$5,332 +3.2%$340,989 +10%
        2024$5,166 +6%$309,990 +10%
        2023$4,875 +8.8%$281,809 +10%
        2022$4,479 +18.6%$256,190 +10%
        2021$3,776 +5.5%$232,900 +8.6%
        2020$3,578 -4.4%$214,500 -4.9%
        2019$3,743 $225,500 -4.8%
        2018$3,743 -4.8%$236,800
        2017$3,934 -2.6%$236,800
        2016$4,040 $236,800 +1.5%
        2015$4,040 +9.6%$233,300 +20%
        2014$3,686 +5.5%$194,400
        2013$3,494 +7.6%$194,400 +5.7%
        2012$3,248 +0.6%$184,000 -0.8%
        2011$3,228 -12.4%$185,400 -11.7%
        2010$3,685 -13.3%$210,000 -11.5%
        2009$4,252 $237,200 -9%
        2008$4,252 -17%$260,700 -16.8%
        2007$5,123 $313,500 -7.5%
        2006-- $339,100 +29.7%
        2005-- $261,500 +41%
        2004$3,444 +24.1%$185,504 +30%
        2003$2,775 +30.7%$142,695 +35%
        2002$2,124 +14.6%$105,700 +10%
        2001$1,854 +2.6%$96,067 +3%
        2000$1,807 $93,269

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $4,111/mo
        Principal & interest
        $2566
        HOA Fees
        $979
        Property taxes
        $566
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          Climate risks

          Neighborhood: Lido Key

          Getting around

          44 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          55 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Southside Elementary
          • Middle: Booker Middle
          • High: Sarasota High

          Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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