361 Benjamin Franklin Dr Unit A Sarasota, FL 34236
Lido Key NeighborhoodEstimated payment $37,244/month
Total Views
16,351
5
Beds
6
Baths
5,405
Sq Ft
$1,018
Price per Sq Ft
Highlights
- 754 Feet of Waterfront
- Beach View
- Water access To Gulf or Ocean
- Southside Elementary School Rated A
- Parking available for a boat
- Gunite Pool
About This Home
One or more photo(s) has been virtually staged. NEW PRICE, STAGED & MOVE-IN READY at the Exquisite Estate of Palazzi Al Mare. This breathtaking 5-bedrooms, 4 full baths, 2 half baths, 5-car garage home is the TROPHY of Gulf-front luxury with unobstructed ocean views from every level located directly in the heart of Lido Key & St. Armands Circle! As you enter through the iron front gate of your paver driveway with enhanced lighting, welcome to your breathtaking home of 5,405 square feet under air, this home is equipped with 4-zoned NEW HVAC systems, Control I4 smart home automation, expansive living spaces, ceiling speakers in 8 zones, custom built-ins, motorized Hunter Douglas blinds and shades throughout.
Upon entry, the Grand Foyer showcases a mesmerizing glass elevator and custom staircase — a signature feature of the only 5-level homes directly on Lido Beach. Take either the master staircase or the commercial-grade glass elevator to the main living area, where the views of the crystal-clear, turquoise waters of the Gulf will leave you breathless. This level also features floor-to-ceiling HURRICANE IMPACT WINDOWS and SLIDING IMPACT DOORS that open to multiple balconies equip with NEW motorized Kevlar hurricane screens.
The gourmet chef's kitchen is designed for the most discerning chefs, featuring SUB-ZERO and WOLF APPLIANCES, a walk-in pantry, dual bars and sinks, Sub-Zero beverage coolers, and a SUB-ZERO ice maker. The main level (2nd floor) also boasts a luxurious Gulf-front great room, ideal for entertaining.
Each of the three living floors features oversized custom en-suite bedrooms with his-and-her walk-in closets and vanities along with expansive bathrooms. All rooms have private smart controls for music, lighting, air/heat, and blinds. The 5th bedroom on the 2nd floor is perfect for guests or as a bonus room or private office.
On the third floor, the second primary en suite awaits, offering some of the most luxurious upgrades you’ve ever seen. The grand glass staircase leads you to the fourth floor, where the newly tiled 8-person pool and spa awaits. Overlooking the Gulf, this area is surrounded by Trex decking, ALL BRAND-NEW POOL EQUIPMENT, motorized pergola, muraled wall- pre-plumbed space for an outdoor kitchen, a half bath, utility closet, outdoor shower, and more.
Just off the pool deck is the ultimate entertainer’s room featuring a Sub-Zero beverage refrigerator, a granite wet bar, and a custom L-shaped granite bar. The space also features motorized privacy screens and a Kevlar screen on the front balcony.
The primary en suite on this level is an absolute dream, offering a spacious bathroom with two toilet closets (one with a bidet), custom closet built-ins, dual vanities, a makeup vanity, a Victoria Albert soaking tub, and a dual shower with seating areas and separate washer & dryer hookups. The attention to detail is unparalleled, with double coffered ceilings unique to each room throughout the home.
On the fifth floor, you’ll find the rooftop terrace, offering 360-degree views of the stunning Sarasota Bay and the Gulf. This private, unobstructed viewpoint offers some of the most relaxing and scenic views on Lido Key.
Located just steps from St. Armand’s Circle, this extraordinary estate combines privacy, sophistication, and prime location. NOW offered furnished, this home is ready to offer you Gulf-front living today! Schedule a private showing and experience the ultimate luxurious coastal living LIDO has to offer! Live where most vacation!
Listing Agent
COLDWELL BANKER REALTY Brokerage Phone: 941-493-1000 License #3369650 Listed on: 03/05/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $46,419
Year Built
- Built in 2010
Lot Details
- 754 Feet of Waterfront
- 377 Feet of Ocean or Gulf Waterfront
- 377 Feet of Public Beach Waterfront
- West Facing Home
- Irrigation Equipment
- Street paved with bricks
- Landscaped with Trees
HOA Fees
- $3,000 Monthly HOA Fees
Parking
- 5 Car Attached Garage
- 2 Carport Spaces
- Ground Level Parking
- Side Facing Garage
- Garage Door Opener
- Driveway
- Secured Garage or Parking
- Parking available for a boat
- Golf Cart Parking
Property Views
- Beach
- Full Gulf or Ocean
Home Design
- Coastal Architecture
- Contemporary Architecture
- Florida Architecture
- Pillar, Post or Pier Foundation
- Block Foundation
- Concrete Siding
- Block Exterior
- Stone Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 5,405 Sq Ft Home
- Open Floorplan
- Wet Bar
- Furnished
- Built-In Features
- Shelving
- Bar Fridge
- Bar
- Dry Bar
- Crown Molding
- Tray Ceiling
- High Ceiling
- Ceiling Fan
- Decorative Fireplace
- Gas Fireplace
- Shade Shutters
- Shades
- Sliding Doors
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Convection Oven
- Range with Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Granite Countertops
- Tile Countertops
- Disposal
- Reverse Osmosis System
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- En-Suite Bathroom
- Walk-In Closet
- Tall Countertops In Bathroom
- Makeup or Vanity Space
- Single Vanity
- Bidet
- Private Water Closet
- Bathtub With Separate Shower Stall
- Shower Only
- Rain Shower Head
- Multiple Shower Heads
- Built-In Shower Bench
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Home Security
- Security System Owned
- Security Lights
- Security Gate
- Security Fence, Lighting or Alarms
- Intercom
- Smart Home
Eco-Friendly Details
- Solar Water Heater
- Solar Heating System
Pool
- Gunite Pool
- Pool Deck
- Outdoor Shower
- Outside Bathroom Access
- Pool Tile
- Heated Spa
- Above Ground Spa
Outdoor Features
- Water access To Gulf or Ocean
- Balcony
- Courtyard
- Deck
- Covered patio or porch
- Exterior Lighting
- Private Mailbox
Utilities
- Zoned Heating and Cooling
- Vented Exhaust Fan
- Thermostat
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 2016055001
Community Details
Overview
- Association fees include insurance, maintenance structure, ground maintenance, maintenance, management
- Elise Angeloro, Progressive Community Management Association, Phone Number (941) 921-5393
- Visit Association Website
- Palazzi Al Mare Subdivision
- The community has rules related to deed restrictions
- 5-Story Property
Pet Policy
- Pets up to 101 lbs
Security
- Storm Windows
- Fire and Smoke Detector
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 | $45,266 | $3,151,316 | -- | -- |
| 2023 | $45,266 | $3,059,530 | $0 | $0 |
| 2022 | $44,270 | $2,970,417 | $0 | $0 |
| 2021 | $44,746 | $2,883,900 | $0 | $2,883,900 |
| 2020 | $41,620 | $2,573,800 | $0 | $2,573,800 |
| 2019 | $40,666 | $2,520,200 | $0 | $2,520,200 |
| 2018 | $43,931 | $2,717,200 | $0 | $2,717,200 |
| 2017 | $41,946 | $2,606,400 | $0 | $2,606,400 |
| 2016 | $47,034 | $2,874,100 | $0 | $2,874,100 |
| 2015 | $49,169 | $2,899,900 | $0 | $2,899,900 |
| 2014 | $49,822 | $2,738,890 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $5,500,000 | -1.8% | $1,018 / Sq Ft |
| 04/23/2025 04/23/25 | For Sale | $5,600,000 | 0.0% | $1,036 / Sq Ft |
| 04/20/2025 04/20/25 | Off Market | $5,600,000 | -- | -- |
| 02/18/2025 02/18/25 | Price Changed | $5,600,000 | -4.9% | $1,036 / Sq Ft |
| 01/25/2025 01/25/25 | Price Changed | $5,890,000 | -5.0% | $1,090 / Sq Ft |
| 11/13/2024 11/13/24 | Price Changed | $6,199,000 | -4.6% | $1,147 / Sq Ft |
| 09/06/2024 09/06/24 | Price Changed | $6,495,000 | -4.4% | $1,202 / Sq Ft |
| 09/01/2024 09/01/24 | For Sale | $6,795,000 | 0.0% | $1,257 / Sq Ft |
| 08/29/2024 08/29/24 | Pending | -- | -- | -- |
| 05/15/2024 05/15/24 | Price Changed | $6,795,000 | -2.9% | $1,257 / Sq Ft |
| 03/05/2024 03/05/24 | For Sale | $6,995,000 | +112.0% | $1,294 / Sq Ft |
| 03/30/2018 03/30/18 | Sold | $3,300,000 | -5.7% | $611 / Sq Ft |
| 03/01/2018 03/01/18 | Pending | -- | -- | -- |
| 01/10/2018 01/10/18 | Price Changed | $3,500,000 | -6.7% | $648 / Sq Ft |
| 12/05/2017 12/05/17 | For Sale | $3,750,000 | 0.0% | $694 / Sq Ft |
| 11/14/2017 11/14/17 | Pending | -- | -- | -- |
| 10/23/2017 10/23/17 | For Sale | $3,750,000 | -- | $694 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,300,000 | Attorney | |
| Warranty Deed | $3,500,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,446,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $2,446,500 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in Sarasota, FL
Source: Stellar MLS
MLS Number: N6131634
APN: 2016-05-5001
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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