Condominium at 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
Private deeded beach access on Lido Key beach - 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
Condominium at 1001 BENJAMIN FRANKLIN DR #511, SARASOTA, photo 3 of 37
Condominium at 1001 BENJAMIN FRANKLIN DR #511, SARASOTA, photo 4 of 37
Condominium at 1001 BENJAMIN FRANKLIN DR #511, SARASOTA, photo 5 of 37
Condominium at 1001 BENJAMIN FRANKLIN DR #511, SARASOTA, photo 6 of 37
South facing balcony - 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
South facing balcony - 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
South facing balcony - 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
South facing balcony - 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
Condominium at 1001 BENJAMIN FRANKLIN DR #511, SARASOTA, photo 11 of 37
Condominium at 1001 BENJAMIN FRANKLIN DR #511, SARASOTA, photo 12 of 37
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Condominium at 1001 BENJAMIN FRANKLIN DR #511, SARASOTA, photo 19 of 37
Primary bedroom En-suite bath - 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
Half Bath - 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
Community room - 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
Community room - 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
Community room kitchen - 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
Condominium at 1001 BENJAMIN FRANKLIN DR #511, SARASOTA, photo 25 of 37
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St Armands Circle - 1001 BENJAMIN FRANKLIN DR #511, SARASOTA
37 photos

$499,000

1001 BENJAMIN FRANKLIN DR #511
SARASOTA, FL 34236
Listed by Maureen Doherty · MICHAEL SAUNDERS & COMPANY
Bedrooms
1
Bathrooms
1.5
Living area
813 sqft
Year built
1980

About this home

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.

Property details

MLS #
MFRA4643855
Property type
Condominium
Subdivision
LIDO TOWERS
Status
Active
Days on market
414
On market date
March 10, 2025
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
SOUTHSIDE ELEMENTARY SCHOOL
2.47 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
681
Student:teacher ratio
14.8:1
District
SARASOTA
MiddleCharter
SARASOTA SCHOOL OF ARTS/SCIENCES
2.91 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
752
Student:teacher ratio
18.8:1
District
SARASOTA
High
SARASOTA HIGH SCHOOL
3.01 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,508
Student:teacher ratio
20.1:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

48
Somewhat walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable
Google Places amenity density
34 / 100
Restaurants & cafes5
Grocery stores0
Parks13
Schools0
Transit stops2
Pharmacies0

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 414 days -- 241 more days than SARASOTA's current average of 173 days.
For reference, the median list price across 4,478 active listings in SARASOTA right now is $350,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated April 28, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.