1001 Benjamin Franklin Drive Unit 201, Lido Key, FL 34236

$700,000
2
BD
2
BA
1,293
SqFt

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List Price
$700,000
MLS#
A4676690
Bedrooms
2
Bathrooms
2
Sq. Ft
1,293
Subtype
Condo
County
Sarasota
Community
Pool, No Deed Restriction, Maintenance Free
Subdivision
Lido Towers
Region
Sarasota
Year Built
1980

Property Description

Corner Unit 201 at Lido Towers is the kind of Lido Key opportunity that doesn’t come along often—easy, coastal living with flexible rental options when you want them. Located on the Northwest side of the building, this residence captures refreshing Gulf breezes and beautiful natural light, with windows on two sides that keep the space feeling open and bright all day long. The 2023 remodeled kitchen is a standout, featuring an enlarged opening to the dining room that instantly improves flow for entertaining and everyday living. The great room and eat-in kitchen connect seamlessly to a screened wrap-around balcony that adds approximately 215 sq. ft. of outdoor living space—maintained by the association, so your time is spent enjoying Lido, not working on it. And then there’s the lifestyle piece that matters most: private beach access directly across the street—a true owners-and-guests-only oasis where you can slip away for sunrise walks, afternoon reads under the Palm Trees, and those classic Sarasota sunset strolls without the public crowds. Lido Towers offers a heated pool, whirlpool, outdoor grills, north and south elevators, and a 5' x 6' storage locker on your floor for personal use. Both bedrooms have private bathroom access, and both baths feature newer cabinets and fixtures. Major updates add peace of mind with a new A/C (Dec. 2025), new roof, and recently updated elevators and entryways. The building is pet- and rental-friendly, and Unit 201 has strong rental history with approximately $14,000 in rental income and existing reservations already in place for 2026 February - March. Condo dues are $997 and include water—a real value on Lido Key. If you’ve been waiting for a smart way to own on the Key—enjoy it now, rent it when you want, and keep it simple—this is your moment to stake your claim and start living the Lido life.

Additional Information

Heating
Electric
Cooling
Central Air
Roof
Concrete, Membrane
Sewer
Public Sewer
Water
Boatable Water, Beach View, Beach Access
Water Access
Yes
Exterior Features
Balcony, Outdoor Grill, Outdoor Shower, Private Mailbox, Sliding Doors, Storage
Community Features
Pool
Construction
Concrete
Living Area
1,293
Pool
Yes
Elementary School
Southside Elementary
Middle School
Booker Middle
High School
Sarasota High
Pets Allowed
Yes

Listing courtesy of MICHAEL SAUNDERS & COMPANY. Contact: 941-388-4447

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