$875,000
$300K PRICE DROP

101 Benjamin Franklin Dr Unit 54 Sarasota, FL 34236

Lido Key Neighborhood

Estimated payment $7,238/month

Total Views 6,636
2 Beds
2 Baths
1,275 Sq Ft
$686 Price per Sq Ft

Highlights

  • Fitness Center
  • Sauna
  • Open Floorplan
  • Southside Elementary School Rated A
  • Full Bay or Harbor Views
  • Florida Architecture

About This Home

ST ARMANDS TOWERS SOUTH - This rarely available beach condo in one of the most desirable communities in Florida lets you experience the relaxed Lido Key lifestyle from a landmark location directly across from Lido Beach, and just two blocks from the renowned St Armands Circle, a premier shopping and dining destination. This 5th floor east-facing residence is being sold furnished, with a few exclusions, and offers 1,275 sq ft of interior living space in an open floor plan, with two bedrooms and two full bathrooms. Thoughtfully updated and beautifully designed, the residence has expansive sliding glass doors that lead from the living room and both bedrooms to the balcony, bringing the outdoors in and adding light, while flowing seamlessly to the outdoor living area on the private 240 sq ft balcony. Casual elegance is evident in all of the improvements throughout, with details such as fans in the living room and both bedrooms, smooth-finished walls and ceilings in a coastal palette, and oversized ceramic tile floors that make clean-up a breeze, after days spent lounging at the beach. The kitchen is open to the spacious living room and dining room, and is equipped with recessed lighting, stone counters, an undermount sink, beautiful cabinetry with plenty of storage, and stainless appliances. The primary bedroom includes an en suite bathroom and generous walk-in closet, and the additional bedroom is perfect for a home office, or an extra room for guests. There is a storage closet in the unit, and one covered carport space is also included, with a private storage locker for beach toys, and the building offers some bicycle storage for owners. Whether you’re looking for a permanent residence, or a vacation getaway, this delightful condo is the ideal Lido Key retreat. St Armands Tower South is a pet friendly building (< 25 lbs), with amenities that include a heated pool with Gulf views, community room with kitchen, library, fitness room, laundry room on each floor, and onsite management and maintenance supervisor. The property fared very well in the recent storms, as the building has been well maintained with recent renovations that include an updated lobby and fitness center, resurfaced swimming pool, newer hallways, upgraded building plumbing, and the entire exterior was freshly painted in 2022 (including the balconies and railings). Located just 3 miles from downtown, where else can you live so close to arts, culture, entertainment and a world-class beach? From the sun-kissed sands of Lido Beach to shopping at St. Armand’s Circle or experiencing the museums and performance art of Sarasota, you’ll be able to take full advantage of the good life from this iconic locale on Florida’s “Cultural Coast.” Request an appointment today.

Listing Agent

Doug Parks

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3105565

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,361

Year Built

  • Built in 1968

Lot Details

  • East Facing Home

HOA Fees

  • $1,561 Monthly HOA Fees

Property Views

  • Full Bay or Harbor
  • City
  • Canal

Home Design

  • Florida Architecture
  • Built-Up Roof
  • Concrete Siding
  • Pile Dwellings

Interior Spaces

  • 1,275 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Room
  • Sauna

Kitchen

  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • St Armand Towers Community
  • St Armand Towers Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • 10-Story Property

Amenities

  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,361

Year Built

Built in 1968

Lot Details

0

HOA Fees

$1,561 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1275
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1515
  • Directions to Property: From St Armands Circle, head west toward Lido Beach, make left onto S. Polk to second building on your right, park in the guest parking lot. Listing agent will meet you at the door.
  • Status: Active
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 6 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 686.27
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-388-4447
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Disposal, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 10
  • Street Number Modifier: 101
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 118.45
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Lighting, Sauna, Sliding Doors, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: City
  • Water Body Name: SARASOTA BAY
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Partial,Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0129G

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Common Area, Same Floor As Condo Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Special Community Restrictions
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: One small pet allowed for owners. See condo docs for additional information.
  • Association Fee Requirement: None
  • Building Name Number: ST ARMANDS TOWERS SOUTH
  • Condo Fees: 4684
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1561
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 18736.00
  • Total Monthly Fees: 1561.33

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2016041022
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to Condo docs for more info.

Tax Info

  • Tax Annual Amount: 9360.59
  • Tax Book Number: 3-9
  • Tax Lot: 54

Multi Family

  • Approval Process: Application, fee, and background check.

Map

Range of Values:

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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
2024 $9,104 $659,243 -- --
2023 $9,104 $640,042 $0 $0
2022 $8,876 $621,400 $0 $621,400
2021 $6,871 $453,300 $0 $453,300
2020 $6,169 $374,800 $0 $374,800
2019 $7,439 $455,700 $0 $455,700
2018 $7,830 $479,300 $0 $479,300
2017 $7,518 $434,997 $0 $0
2016 $7,480 $498,300 $0 $498,300
2015 $6,935 $446,400 $0 $446,400
2014 $6,088 $297,109 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $875,000 -7.9% $686 / Sq Ft
03/10/2025 03/10/25 Price Changed $950,000 -9.5% $745 / Sq Ft
02/11/2025 02/11/25 Price Changed $1,050,000 -10.6% $824 / Sq Ft
12/11/2024 12/11/24 For Sale $1,175,000 -- $922 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $610,000 Attorney
Warranty Deed $320,000 Attorney
Source: Public Records

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Source: Stellar MLS

MLS Number: A4631990

Stellar MLS

APN: 2016-04-1022