2050 Benjamin Franklin DRIVE, #B704, Sarasota, FL, 34236 | $3,695,000

Perched on the seventh floor of Orchid Beach Club, this stunning Lido Key residence offers breathtaking beach-to-bay and city views that steal the spotlight the moment you arrive. Spanning nearly 3, 000 square feet, the meticulously designed three-bedroom interior blends elegance with modern convenience, creating a luxurious coastal haven. Arrive in style via the residents-only elevator, which takes you from the two included secure parking spaces directly to a private elevator lobby. Double iron filigree doors open to reveal a sophisticated interior with sleek finishes and thoughtful details. High cove ceilings with inset lighting, custom built-ins, wood paneling, motorized window treatments, and updated designer bathrooms set the tone for refined living. The open-concept layout maximizes panoramic Gulf, bay, and downtown views, perfect for effortless entertaining. The gourmet kitchen serves as the heart of the home, featuring quartz countertops, sleek cabinetry, an island, breakfast bar, and professional-grade Bosch and Dacor appliances, including a 6-burner gas stove and warming drawer. The seamless flow from the kitchen to the dining and living areas ensures a welcoming space for family and friends to gather. The primary suite is a serene Gulf-front retreat with access to a private beachfront terrace, dual walk-in closets, and a marble-clad inspired bathroom. Designed for relaxation and privacy, the two guest suites are in a split layout, providing comfortable accommodations for visitors. This expansive residence offers the ultimate indoor-outdoor living experience with three distinct terraces, each designed to showcase breathtaking vistas of the Gulf, bay, and city skyline. The Gulf-facing balcony, an exclusive retreat for the primary suite, also connects to the third bedroom. The largest terrace, overlooking the bay, features a spacious lounge area, fully equipped summer kitchen, and dining space, all accessible from both the great room and kitchen for effortless hosting. Completing the layout, the second guest suite enjoys its own secluded terrace. Orchid Beach Club, a charming Mediterranean-inspired community of just 54 luxury residences, offers an unmatched resort-style living experience. Residents enjoy 24-hour gated entry, concierge services, and a host of amenities, including a vibrant clubhouse with a social room, billiards, library, and catering kitchen. The state-of-the-art fitness center features a sauna, spa room, and massage services, while the expansive Gulf-side deck surrounds a heated pool and spa, creating an ideal setting for lounging. A boardwalk leads directly to the soft sands and warm waters of Lido Key Beach, completing the coastal lifestyle. Ideally located, this residence is minutes from the boutique shopping, fine dining, and cultural attractions of St. Armands Circle, Longboat Key, and downtown Sarasota. Whether you’re exploring world-class museums, theaters, or marinas, this central address ensures every convenience is at your fingertips, blending sophistication and tranquility in perfect harmony.

Features

  • Elevator: Y
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Levels: 12
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Complex: ORCHID BEACH CLUB RESIDENCES
  • Year Built: 2005
  • Approx Sq. Feet: 2,936
  • Est. Taxes: $20,963
  • Condo Fee: $8,469 Quarterly
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, Landscaped, Near Golf Course, Near Marina, Private, Sidewalk
  • View: City, Water
  • Pool: Gunite, Heated, In Ground, Lighting
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • MLS#: A4629073
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4629073/2050benjaminfranklindrive_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 11/24/2024 7:32:08 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2050 Benjamin Franklin DRIVE, #B704, Sarasota, FL, 34236

$3,695,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,956,000 $2,956,000 $2,956,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $1,747 $1,747 $1,747
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,928 $18,928 $25,954
Total Monthly Payment $20,800 $20,800 $27,826

* 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.