$535,000

Lido Towers 1001 Benjamin Franklin Dr Unit 511 Floor 5 Sarasota, FL 34236

Lido Key Neighborhood

Estimated payment $4,224/month

Total Views 9,039
1 Bed
1.5 Baths
813 Sq Ft
$658 Price per Sq Ft

Highlights

  • Water access To Gulf or Ocean
  • Clubhouse
  • Main Floor Primary Bedroom
  • Southside Elementary School Rated A
  • Wood Flooring
  • Mature Landscaping

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. 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. The 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. An added bonus: New prepaid windows and sliders scheduled for install soon. 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. Lido Towers was built on a raised foundation — the only condo on Lido never to experience flooding. 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.

Listing Agent

Maureen Doherty

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3110082 Listed on: 03/10/2025

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,166

Year Built

  • Built in 1980

Lot Details

  • West Facing Home
  • Mature Landscaping

HOA Fees

  • $979 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Turnkey
  • Pillar, Post or Pier Foundation
  • Concrete Siding

Interior Spaces

  • 813 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Parking

  • 1 Carport Space
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Balcony
  • Screened Patio
  • Outdoor Storage
  • Outdoor Grill
  • Private Mailbox
  • Porch

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Casey Realty Corp Association, Phone Number (941) 922-3391
  • Visit Association Website
  • Lido Towers Community
  • Lido Towers Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Security

  • Security Service
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,166

Year Built

Built in 1980

Lot Details

0

HOA Fees

$979 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 813
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 888
  • Status: Active
  • Ownership: Condominium
  • Entry Level: 5
  • Building Area Total Srch Sq M: 82.50
  • Escrow State: FL
  • Floor Number: 5
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 658.06
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Living Area Meters: 75.53

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Exterior Features: Balcony, Outdoor Grill, Outdoor Shower, Private Mailbox, Sliding Doors, Storage
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • Water Body Name: GULF OF MEXICO
  • Waterfront: No
  • Patio and Porch Features: Porch, Screened
  • Road Surface Type: Asphalt
  • Water Access: Gulf/Ocean
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0137G
  • Additional Water Information: Deeded beach access to Lido Beach with gate across the road.

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Open

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Pool
  • Association Amenities: Clubhouse, Elevator(s), Laundry, Lobby Key Required, Maintenance, Pool, Security, Storage
  • Association Name: Casey Realty Corp
  • Phone: 941-922-3391
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Condo Fees: 2937
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Association Email: cfoster@caseymanagement.com
  • Monthly Condo Fee Amount: 979
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: www.sarasotapropertymanagement.com
  • Management: On Site Property Manager

Fee Information

  • Total Annual Fees: 11748.00
  • Total Monthly Fees: 979.00

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2016145060
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: On-site rental agent available

Tax Info

  • Tax Annual Amount: 5166
  • Tax Book Number: 1375-719
  • Tax Lot: 0

Multi Family

  • Approval Process: Application and credit check

Map

About Lido Towers

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,166 $340,989 -- --
2024 $5,166 $309,990 -- --
2023 $4,875 $367,100 $0 $367,100
2022 $4,479 $333,200 $0 $333,200
2021 $3,776 $232,900 $0 $232,900
2020 $3,578 $214,500 $0 $214,500
2019 $3,743 $225,500 $0 $225,500
2018 $3,934 $236,800 $0 $236,800
2017 $3,971 $236,800 $0 $236,800
2016 $4,047 $236,800 $0 $236,800
2015 $4,040 $233,300 $0 $233,300
2014 $3,686 $194,400 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2025 03/10/25 For Sale $535,000 -- $658 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $288,000 None Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4643855

Stellar MLS

APN: 2016-14-5060

Florida Sarasota County Sarasota 34236 Lido Key

1001 Benjamin Franklin Dr Unit 511, Sarasota, FL

For Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Maureen Doherty
Listing Agent
Maureen Doherty
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MICHAEL SAUNDERS & COMPANY
(941) 335-9433