1001 Benjamin Franklin Drive Unit 511, Sarasota, FL 34236

$499,000
1
BD
2
BA
813
SqFt

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List Price
$499,000
Status
Active
Days on Market
507
Price Change
▼ $36,000 1777422670
MLS#
A4643855
Property Style
Condo
Year Built
1980
Bedrooms
1
Bathrooms
2
Baths Half
1
Living Area
813
Price per sq. ft.
613.78
Building Name
Lido Towers
Monthly Condo Fee
979
Legal Subdivision Name
Lido Towers
Community Name
Lido Towers
MLS Area Major
Sarasota

Property Description

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.

Additional Information

Taxes
$5166
Minimum Lease Period
1 Month
Max Times per Year
12
Maintenance Includes
Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
Condo Fees
$2937
Condo Fees Term
Quarterly
Community Features
Buyer Approval Required, Clubhouse, Pool, No Deed Restriction, Maintenance Free, Security
Property Description
One Story
Zoning
RMF3
Interior Features
Primary Bedroom Main Floor
Floor
Laminate, Tile
Appliances
Dishwasher, Microwave, Range, Refrigerator
Utilities
Cable Available, Electricity Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete
Exterior Features
Balcony, Outdoor Grill, Outdoor Shower, Private Mailbox, Sliding Doors, Storage
Roof
Other
Foundation
Pillar/Post/Pier
Pool
Community
Garage Carport
1 Car Carport
Garage Features
Assigned, Covered, Open
Elementary School
Southside Elementary
Middle School
Booker Middle
High School
Sarasota High
Water Name
Gulf Of Mexico
Water Access
Gulf/Ocean
Pets
Allowed
Max Pet Weight
35
Pet Size
Small (16-35 Lbs.)
Floor Number
5
Flood Zone Code
AE
Parcel ID
2016145060
Legal Description
UNIT 511 LIDO TOWERS

Listing courtesy of MICHAEL SAUNDERS & COMPANY. 941-951-6660

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