4 months on rocket

1001 Benjamin Franklin Dr Unit 401, Sarasota, FL, 34236

$737,000

Home List Price

$8,752*

Closing Credit

2 Bedrooms
2 Full Baths
1,293 SqFt
$570/SqFt
Condo
Schools Nearby

Location

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1001 Benjamin Franklin Dr Unit 401, Sarasota$737,000

Buyer Closing Credits

$8,752*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1980
HeatingCentral
CoolingCentral Air
ViewWater
MLS #A4591594
StatusActive

About 1001 Benjamin Franklin Dr Unit 401

One or more photo(s) has been virtually staged. Are you interested in owning a piece of prime real estate on Lido Key? Lido Towers is located mid-key between Benjamin Franklin Dr., Boulevard of the Presidents, McKinley, and Roosevelt Drive. This entire block of real estate offers a fantastic opportunity to own a 1293 square foot condo on the fourth floor just above the treetops. With a wrap-around balcony, you can enjoy glimpses of the Gulf of Mexico while watching evening sunsets. You can also supervise the construction of the world's first Rosewood Residence while still enjoying your privacy at your Lido Towers oasis. What's not to love when you have Ted Sperling Park in your backyard and Lido Key Beach in the front? And as an extra convenience, deeded beach access included. The condo features an eat-in kitchen with great views to the South and West. Every room in this two-bedroom two bath condo is filled with natural light. Covered parking and bike storage are available for your convenience. 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. If you're looking for a fun, safe building in a desirable and appreciating location, Lido Towers is the perfect place for you. Don't miss out on your opportunity to turn this amazing condo into your very own piece of paradise.

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 1
  • Living Area: 1,293 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 388-4447
  • Listing Agent: Camille Buck

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Water
  • Exterior: Balcony, Sliding Doors

Parking Information:

  • Parking: Assigned

Virtual/3D Tour

  • Virtual Tour: 1001 Benjamin Franklin Dr Unit 401

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot, Near Public Transit

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker High School, Public Magnet Grades 9-12
  • Booker Middle School, Public Magnet Grades 6-8
  • Southside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: South on Blvd of the Presidents Building located between McKinley and Roosevelt. Enter North Tower door and elevator to 4th floor.

Price Information

Listing Price Info

Price Summary:

  • List Price: $737,000
  • Price Per SqFt: $570/SqFt

Tax Information:

  • Annual Amount: $5,884
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

1001 Benjamin Franklin Dr Unit 401 vs Sarasota

147 DAYS ON ROCKET

+91 Days

$737,000

+$217.9K More

$570/SqFt

+$263 More

KEY TAKEAWAY

This property is $217.9K more than the Median Sold Price and $263/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4591594

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 388-4447
  • Listing Agent: Camille Buck

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/1/2024, 11:49:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 10, 1999Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,884$355,200
2019$6,048$359,150
2018$5,426$326,500
2017$5,477$326,500

History based on county public records data.

Payment Calculator

$3,746

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,276

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4468491
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 2.46 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4468492
2
/10

  • Booker Middle School

  • 2250 Myrtle St

  • 5.06 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4468493
3
/10

  • Booker High School

  • 3201 N Orange Ave

  • 4.30 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,873. The most common annual income of people living in Sarasota, FL is between $100k-200k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1001 Benjamin Franklin Dr Unit 401

What is the listing price of this property?

The listing price of 1001 Benjamin Franklin Dr Unit 401 property is $737,000.

What type of property is this?

The property 1001 Benjamin Franklin Dr Unit 401 is a condo located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 1001 Benjamin Franklin Dr Unit 401 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1001 Benjamin Franklin Dr Unit 401 are:
Southside Elementary School: GreatSchools Rating 10/10
Booker Middle School: GreatSchools Rating 2/10
Booker High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,884 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 10, 1999 for $195,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1001 Benjamin Franklin Dr Unit 401 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1001 Benjamin Franklin Dr Unit 401 is 1,293 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1001 Benjamin Franklin Dr Unit 401 is 1980.

Rocket Homes›Florida›Sarasota County›Sarasota›34236›1001 Benjamin Franklin Dr Unit 401

This home is located at 1001 Benjamin Franklin Dr Unit 401 in Sarasota, FL and zip code 34236 in the Lido Key neighborhood. This 1,293 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 06, 2023 and is currently priced at $737,000.

In April 2024 more than 41 listings in Sarasota, FL were sold above the asking price. During the same period more than 90 listings were sold at asking price, while more than 462 were sold below. The number of listings in Sarasota, FL decreased by 1.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 56 days, the median list price was $519,031.

From Rocket Homes Real Estate and based on county public records data.

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