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1001 BENJAMIN FRANKLIN DRIVE UNIT 604

Condo/Co-op Active With Contract
$1,095,000

BTC: 17.10937500

ETH: 627.14776632

6 days
3 bds
3 ba
1,702 sqft

Overview

Under contract-accepting backup offers. Stunning and rare opportunity in Lido Towers on Lido Key. This completely renovated 3-bedroom, 3-bath residence offers an exceptional opportunity to own the lowest-priced three-bedroom condominium on Lido Key while enjoying a prime coastal lifestyle. This stunning residence has been extensively updated from top to bottom. Since purchasing the unit, the current owners have essentially gutted and transformed the interior, creating a modern and sophisticated living space. Updates include new flooring throughout, new ceiling and wall texture, a beautifully redesigned kitchen with custom cabinetry, quartz countertops, and stainless-steel appliances, along with new interior doors, updated plumbing fixtures, LED lighting throughout, new ceiling fans, and beautifully updated bathrooms. Additional improvements include impact-rated sliders, impact windows and a brand-new HVAC system, providing comfort, efficiency, and peace of mind. The spacious floor plan offers two separate balconies with partial views of the Gulf of Mexico, perfect for enjoying the coastal breeze and spectacular sunsets. One of the most desirable features is the deeded beach access directly across the street, allowing you to easily enjoy the world-famous sands of Lido Beach. Despite the generous size and prime location, the residence also benefits from remarkably low condominium fees compared to similar properties on the island. Residents of Lido Towers enjoy a variety of amenities including a beautifully maintained pool, clubhouse, assigned parking space, and a private storage unit. Located just moments away from the world-class shopping, dining, and entertainment of St. Armands Circle, this property offers the perfect blend of convenience, luxury, and coastal charm. Whether you’re looking for a primary residence, seasonal retreat, or investment opportunity, this move-in-ready Lido Key condominium is an outstanding value in one of Sarasota’s most sought-after beachfront communities.

Location

Details

Type:
Residential
Parking:
Assigned / Deeded / Guest
Year Built:
1980
Lot:
2.53 Acres
Heating:
Central / Electric
Price/sqft:
$643
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$347,950
$255K – $399K
Confidence Low
List vs. estimate
$747K above estimate
List $1,095,000 · +214.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$643
+61.9% vs. city median $397
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,170
2025
Furnished
Partially
Pets
Allowed
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Elevator

    • Open Floorplan

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Stone Counters

    • Thermostat

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Assigned

    • Deeded

    • Guest

    Property

    • Levels: One

    • Exterior Features: Balcony

    Lot

    • Lot: 2.53 Acres

    Other Property Information

    • Parcel Number: 2016145066

    • Zoning: RMF3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA Frequency: Quarterly

    • Annual tax amount: $12,170

  • Source details

    • MLS ID: A4686677

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Block

    • Laundry Features: Common Area

    • Patio And Porch Features: Screened / Side Porch

    • Direction Faces: Northwest

    • Living Area: 1702

    • Water Source: Public

    • Subdivision Name: LIDO TOWERS

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX ALLIANCE GROUP