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$685,000

1001 BENJAMIN FRANKLIN DRIVE UNIT 206, SARASOTA, FL 34236

3D Tour
Active81 days on market

Beds

2

Baths

3

Sq Ft

1,367 sq ft

Year Built

1980

Lot Size

—

Garage

—

About This Property

This beautifully updated Lido Key condo offers the ease of move-in-ready living just steps from the beach. Thoughtfully remodeled in 2019, the residence features wood-plank tile flooring, custom cabinetry, stone countertops, updated finishes, and a wraparound balcony that extends the living space outdoors. Major improvements add even more value, including newer impact windows and sliding glass doors, an A/C system replaced in 2022, and an electric tankless water heater—updates that make a difference in both comfort and everyday living. Lido Towers offers the flexibility of monthly rentals, is pet-friendly for pets up to 25 lbs., and includes deeded beach access. St. Armands Circle is nearby for dining, shopping, and an evening out, while the beach is close enough to make it part of your daily routine. Whether you’re looking for a winter escape, a full-time Lido Key home, or a property with rental flexibility, this one offers a combination that can be hard to find. Call me to schedule a private tour.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4699522
StatusActive
Year Built1980
Stories6
Total Rooms11
ConstructionConcrete
RoofBuilt-Up
FoundationPillar/Post/Pier
FacesWest
SubdivisionLIDO TOWERS
CountySarasota
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
FlooringCeramic Tile
AppliancesDishwasher, Disposal, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater
LaundryCommon Area
WindowsDouble Pane Windows, Insulated Windows, Storm Window(s)
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorBalcony, Irrigation System, Outdoor Grill, Outdoor Shower, Sliding Doors
Other StructuresStorage
Lot FeaturesCoastalConstruction Control Line, FloodZone, City Lot, Near Public Transit
Road SurfacePaved, Asphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$685,000
Annual Taxes$9,173 (2025)
FinancingCash, Conventional
ZoningRMF3
Parcel #2016145016

Schools

ElementarySouthside Elementary
MiddleBooker Middle
HighSarasota High

Directions

Head south on Benjamin Franklin Dr or S. Blvd of the Presidents. Building is one block between McKinley and Roosevelt Drive. Park near the North Tower to enter and use the north elevator.

Location

1001 BENJAMIN FRANKLIN DRIVE UNIT 206, SARASOTA, FL 34236

Listing Information

OfficeMICHAEL SAUNDERS & COMPANY
ListedJuly 15, 2026

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Preferred Time

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Home Price

$685,000

20% ($137,000)
6.75%

Loan Term

Principal & Interest$3,554
Property Tax (est.)$628
Insurance (est.)$150
Total Monthly$4,332
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $685,000 home in SARASOTA.

🏦

Conventional

$34,250 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: September 27, 2026.

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