1001 Benjamin Franklin DRIVE, #606, Sarasota, FL, 34236 | $799,999

Under contract-accepting backup offers. HIGH & DRY!! NO HURRICANE DAMAGE. Welcome to your exclusive sanctuary on Lido Key, where luxury meets coastal charm. Enjoy stunning views of the Gulf from this updated 6th-floor residence at the well-maintained Lido Towers on Lido Key. With private beach access to the beautiful Lido Beach, this unit boasts water views from the living room, dining room, and master bedroom. Step inside to discover a modern kitchen with solid wood cabinets, granite countertops, and a spacious pantry. Relax on the private balcony equipped with hurricane shutters for easy safety, overlooking the pool and spa area surrounded by lush tropical landscaping. New impact-rated windows were added in 2010, ensuring peace of mind during storm seasons. This unit includes covered parking, plenty of guest parking, a storage closet, and community amenities like a large pool, large jacuzzi, sauna, and club room that features a kitchen and seating area. Laundry facilities are conveniently located on each floor. Indulge in the ultimate coastal lifestyle with direct access to the pristine shores of Lido Beach, just moments from your doorstep. Spend your days basking in the Florida sun, swimming in the turquoise waters, or taking leisurely walks along the soft white sands. For the adventurous spirit, kayaking and paddleboarding opportunities are steps away from this unit at Ted Sparling Park, allowing you to explore the stunning coastline and nearby mangrove forests at your own pace. When it's time to explore beyond the beach, discover the vibrant culture and entertainment options that await nearby. St. Armands Circle, renowned for its upscale boutiques, art galleries, and gourmet dining establishments, offers a sophisticated blend of shopping and dining experiences just a short drive away. Treat yourself to a culinary adventure at one of the area's top-rated restaurants, where world-class chefs serve up delectable dishes inspired by the flavors of the Gulf Coast. As the sun sets, immerse yourself in Sarasota's lively nightlife scene, where top bars and lounges offer handcrafted cocktails, live music, and waterfront views. Whether you're sipping cocktails under the stars or dancing the night away, the city's eclectic mix of entertainment options ensures that every evening is filled with excitement and possibility. Don't miss this opportunity to experience the epitome of coastal living on Lido Key. This is one of the few rental-friendly buildings on Lido Key. Owners are permitted one-month minimum rentals twelve times a year. Monthly dues, paid quarterly, are $907. 00. All milestone inspections are complete and Lido Towers’ reserve is fully funded with no assessments or dues increases currently anticipated. Schedule your private showing today and discover the unparalleled beauty and elegance of life at 1001 Benjamin Franklin Drive #606.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Elevator(s), Gated, Laundry, Pool, Sauna, Spa/Hot Tub, Storage
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Complex: LIDO TOWERS
  • Year Built: 1980
  • Approx Sq. Feet: 1,224
  • Est. Taxes: $8,052
  • Condo Fee: $2,684 Quarterly
  • View: Water
  • Pet Policy: Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
  • MLS#: A4602828
  • Days on Market: 234 days
  • Website: https://www.raveis.com
    /prop/A4602828/1001benjaminfranklindrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 11/21/2024 8:38:07 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1001 Benjamin Franklin DRIVE, #606, Sarasota, FL, 34236

$799,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $639,999 $639,999 $639,999
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $671 $671 $671
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,258 $4,254 $5,397
Total Monthly Payment $5,021 $5,017 $6,160

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.