101 BENJAMIN FRANKLIN DRIVE, #54, Sarasota, FL, 34236 | $850,000

Under contract-accepting backup offers. ST. ARMANDS TOWERS SOUTH - Located across the street from the crystal blue waters of Lido Beach, and two short blocks from St. Armands Circle, this furnished fifth-floor condo is the epitome of coastal chic with 1, 275 sq ft of interior living space in an open floor plan, with two bedrooms and two full bathrooms. The east-facing residence extends a refined yet relaxing living experience with style that includes natural textures, a palette of coastal colors, and generous sliding glass doors from the living room and both bedrooms to the spacious balcony, creating an open airy feel throughout the space. Thoughtful updates such as ceiling fans and oversized tile floors are a perfect complement to the Florida lifestyle. The kitchen is open to the spacious living room and dining room, and is equipped with recessed lighting, stone counters, an undermount sink, beautiful cabinetry with plenty of storage, and stainless appliances. The primary bedroom includes an en suite bathroom and generous walk-in closet, and the additional bedroom is perfect for a home office, or an extra room for guests. There is a storage closet in the unit, and one covered carport space is included, with a private storage locker for beach toys. St Armands Tower South is a well-managed, pet friendly building (up to 25 lbs), with amenities that include a heated pool with Gulf views, beautifully updated lobby, community room with kitchen, library, and fitness room, with a laundry room on each floor, onsite management and maintenance supervisor. When you’re not at the beach, enjoy the upscale European ambiance on St. Armands Circle with art galleries, retail therapy, relaxing spa services, gourmet & casual sidewalk cafes, a vibrant social scene, a pedestrian-friendly promenade, and an array of local events just around the corner. The iconic Lido Key location is also just 3 miles from downtown Sarasota, so you can truly experience the metropolitan sophistication of Florida’s “Cultural Coast” from an elegant beachside locale at St. Armands Towers South.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 10
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Same Floor As Condo Unit
  • Complex: ST ARMAND TOWERS
  • Year Built: 1968
  • Approx Sq. Feet: 1,275
  • Est. Taxes: $10,606
  • Condo Fee: $5,250 Quarterly
  • View: City
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Yes
  • Appliances: Disposal, Electric Water Heater, Microwave, Refrigerator
  • MLS#: A4668252
  • Days on Market: 126 days
  • Website: https://www.raveis.com
    /prop/A4668252/101benjaminfranklindrive_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 3/25/2026 6:17:08 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-388-4447

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101 BENJAMIN FRANKLIN DRIVE, #54, Sarasota, FL, 34236

$850,000

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 $680,000 $680,000 $680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.289% 6.361% 6.203%
Monthly Tax Payment $884 $884 $884
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,022 $4,187 $5,738
Total Monthly Payment $4,998 $5,163 $6,714

* 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.