1001 Benjamin Franklin Drive Unit 511, Lido Key, FL 34236

$499,000
1
BD
2
BA
813
SqFt

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List Price
$499,000
Status
ACTIVE
MLS#
A4643855
Price Change
▼ $36,000 1777422670
Bedrooms
1
Bathrooms
2
Half-baths
1
Living Area
813
Subdivision
Lido Towers

Property Description

Welcome to Your Beach Retreat at Lido Towers where luxury meets laid-back coastal living on the stunning shores of Lido Key. Lido Towers was built on a raised foundation — the only condo on Lido never to experience flooding 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. NEW WINDOWS and SLIDERS April 2026 and 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. 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. 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.

Additional Information

Year Built
1980
Construction
Concrete
Living Area
813
Interior Features
Primary Bedroom Main Floor
Amenities
Clubhouse, Elevators, Laundry, Lobby Key Required, Maintenance, Pool, Security, Storage
Cooling
Central Air
Heating
Central
Parking
Assigned, Covered, Open
Garage Description
1 Car Carport
Exterior Features
Balcony, Outdoor Grill, Outdoor Shower, Private Mailbox, Sliding Doors, Storage
Water
Beach View, Beach Access
Sewer
Public Sewer
Stories
1
Pets
Yes

Listing courtesy of MICHAEL SAUNDERS & COMPANY.

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