PENDING
NEW CONSTRUCTION
343 Benjamin Franklin Dr Sarasota, FL 34236
Lido Key NeighborhoodEstimated payment $27,982/month
Total Views
2,008
5
Beds
5.5
Baths
3,422
Sq Ft
$1,388
Price per Sq Ft
Highlights
- Under Construction
- Heated In Ground Pool
- Custom Home
- Southside Elementary School Rated A
- Full Gulf or Ocean Views
- Open Floorplan
About This Home
Under contract-accepting backup offers. Under Construction. Welcome to a one-of-a-kind opportunity on Lido Key. This home sits directly across from the sand—simply step out the door, cross the street, and you’re on Lido Beach. Spend your days kayaking, swimming, or sunbathing, then stroll home barefoot for a cold drink from your own kitchen. With St. Armands Circle just a short walk away, world-class dining, shopping, and entertainment are all within easy reach—no car required.
Currently under construction, this residence was conceived as a modern coastal sanctuary, where sleek architecture meets bulletproof engineering. From its commanding presence to its fortified construction, every detail was designed to impress—and to endure. The entire home is built from solid poured concrete, anchored deep into the earth by massive structural pilings. All windows and doors are hurricane-impact rated, and the structure exceeds even Florida’s highest standards for wind and storm resistance. This isn’t just hurricane-ready—it’s a concrete bunker in disguise, wrapped in modern design.
Even the ground level is designed for resilience, finished entirely in water-resistant materials. In the rare event of flood exposure, cleanup is minimal—no costly damage, no downtime. It's a home that’s as smart as it is stunning.
The layout is purposefully elevated to maximize privacy, function, and uninterrupted Gulf views. The first floor includes a spacious garage and ample storage for all your beach gear. The second floor offers the primary suite and two additional bedrooms, perfectly arranged for rest and retreat. On the third floor, you'll find two more bedrooms and an expansive, open-concept living area with soaring ceilings and floor-to-ceiling views of the Gulf. A full outdoor kitchen completes this level, making entertaining seamless. Finally, the rooftop terrace is the crown jewel—featuring a second outdoor kitchen, lounge area, and panoramic, front-row sunsets over the water every evening.
The most expensive and critical construction milestones are already complete: the full structural concrete shell, roof, framing, impact windows, and the majority of mechanical, electrical and plumbing rough-ins. The home is being built by a high-end custom home builder, who is ready to seamlessly carry the project through to completion for the next owner. Now is the perfect time to step in and bring your vision to life—select your finishes, refine your layout, and make it uniquely yours. Or, for those who prefer a hands-off approach, the listing broker can provide pricing for a fully turnkey solution.
Whether you're seeking a showstopping primary residence, a private vacation home, or a premium short-term rental investment, this property checks every box. Its unbeatable location across from the beach and walking distance to St. Armands makes it a highly desirable destination for luxury travelers year-round.
Homes like this don’t come along often. The heavy lifting is done. The dream is already in motion. Now it’s your turn to make it yours.
Listing Agent
LUXIO REAL ESTATE LLC Brokerage Phone: 941-266-0300 License #3404928 Listed on: 08/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,804
Year Built
- Built in 2025 | Under Construction
Lot Details
- 6,532 Sq Ft Lot
- West Facing Home
- Child Gate Fence
- Property is zoned RMF3
Parking
- 2 Car Attached Garage
- Electric Vehicle Home Charger
- Garage Door Opener
- Driveway
Property Views
- Full Gulf or Ocean
- Partial Bay or Harbor
Home Design
- Home is estimated to be completed on 12/1/25
- Custom Home
- Contemporary Architecture
- Elevated Home
- Tri-Level Property
- Stem Wall Foundation
- Membrane Roofing
- Concrete Roof
- Concrete Siding
- Block Exterior
- Pile Dwellings
- Stucco
Interior Spaces
- 3,422 Sq Ft Home
- Elevator
- Open Floorplan
- Built-In Features
- High Ceiling
- Ceiling Fan
- Insulated Windows
- Tinted Windows
- Sliding Doors
- Family Room
- Living Room
- Dining Room
- Bonus Room
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Security System Owned
- Security Gate
- Fire and Smoke Detector
Accessible Home Design
- Accessibility Features
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Saltwater Pool
- Pool Lighting
Outdoor Features
- Balcony
- Covered Patio or Porch
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Built by CORAL COVE CONSTRUCTION
- Lido Beach Div B Resub Subdivision, Custom Floorplan
- Lido Beach Community
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 5 / 53
- Assessor Parcel Number 2016050012
Map
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Home Values in the Area
Average Home Value in this Area
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 | $25,464 | $1,480,871 | -- | -- |
| 2023 | $25,464 | $2,226,800 | $2,082,300 | $144,500 |
| 2022 | $19,683 | $1,435,200 | $1,304,600 | $130,600 |
| 2021 | $17,430 | $1,112,600 | $1,036,600 | $76,000 |
| 2020 | $17,657 | $1,097,500 | $1,006,500 | $91,000 |
| 2019 | $17,273 | $1,107,200 | $1,006,500 | $100,700 |
| 2018 | $15,416 | $956,000 | $901,400 | $54,600 |
| 2017 | $16,518 | $1,015,200 | $959,400 | $55,800 |
| 2016 | $8,968 | $967,500 | $910,800 | $56,700 |
| 2015 | $9,105 | $784,700 | $735,800 | $48,900 |
| 2014 | $9,095 | $559,248 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Pending | -- | -- | -- |
| 08/06/2025 08/06/25 | For Sale | $4,750,000 | -- | $1,388 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Deed | $100 | -- | |
| Warranty Deed | $1,050,000 | None Available | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $500,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Sarasota, FL
Source: Stellar MLS
MLS Number: A4661013
APN: 2016-05-0012
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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