2050 BENJAMIN FRANKLIN DRIVE, #B704, Sarasota, FL, 34236 | $2,799,000

Set high above the sand on the seventh floor of Orchid Beach Club, this executive Lido Key beach residence showcases sweeping Gulf-to-bay and downtown Sarasota views the moment you step inside. Designed for elevated coastal living, the nearly 3, 000-square-foot layout offers three bedrooms, three full baths, private elevator access, turnkey furnishings option available, and multiple terraces that create a true indoor-outdoor lifestyle.
A residents-only elevator opens directly into your private lobby, where double iron filigree doors reveal a sophisticated interior filled with natural light. High cove ceilings with inset lighting, custom millwork, wood paneling, motorized window treatments, and thoughtfully updated finishes establish a sense of modern elegance throughout the home. Walls of impact glass capture unobstructed Gulf, bay, and city vistas, enhancing every living space.
At the heart of the residence, the gourmet kitchen blends design with function, offering quartz countertops, sleek cabinetry, an island with seating, breakfast bar, and top-tier Bosch and Dacor appliances—including a six-burner gas range and warming drawer. The kitchen flows effortlessly into the great room and dining area, creating an ideal setting for hosting or relaxed everyday living.
The Gulf-front primary suite serves as a peaceful retreat, complete with terrace access, two walk-in closets, and a beautifully renovated bath with marble-inspired finishes, dual vanities, soaking tub, and large shower. Two private guest suites—positioned in a split layout—provide comfortable accommodations for visitors, including one with terrace access and another with its own secluded balcony.
Three terraces extend the living experience outdoors. The expansive bay-facing terrace offers a full summer kitchen with new (2024) built-in gas grill, large dining area, and generous seating space—perfect for sunset dinners or morning coffee overlooking the water. The Gulf-facing terrace is reserved for the primary suite and third bedroom, while the second guest suite enjoys its own private balcony.
Orchid Beach Club is an exclusive Gulf-front community of only 54 residences, known for concierge-level service and resort-style amenities. Residents enjoy a secure building, 24-hour gated entrance, attentive concierge staff, and a beautifully appointed clubhouse with social room, library, billiards, catering kitchen, and lounge. The wellness center includes a fitness facility, sauna, spa room, and massage services. Outdoors, the Gulf-side pool and spa are surrounded by a spacious sun deck, with direct access to a private stretch of Lido Beach’s soft sands and turquoise water.
Ideally situated near St. Armands Circle, Longboat Key, and downtown Sarasota, the location offers immediate access to fine dining, boutique shopping, theaters, galleries, boating marinas, and cultural venues including the Van Wezel Performing Arts Hall and Sarasota Opera House. With world-class amenities, coastal scenery, and a premier waterfront address, this Orchid Beach Club residence delivers the best of Lido Key living.

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: $21,527
  • Condo Fee: $14,584 Quarterly
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, Landscaped, Near Golf Course, Near Marina, Private, Sidewalk
  • View: City, Water
  • Pool: Deck, 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#: A4672363
  • Days on Market: 20 days
  • Website: https://www.raveis.com
    /prop/A4672363/2050benjaminfranklindrive_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 2/5/2026 8:02:11 PM)

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.

Barbara Donovan RizzoREALTOR

508.633.0309

barbara.donovanrizzo@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
  • 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.

Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@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

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@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

2050 BENJAMIN FRANKLIN DRIVE, #B704, Sarasota, FL, 34236

$2,799,000

Barbara Donovan Rizzo

REALTOR

William Raveis Real Estate

Phone: 508.633.0309

barbara.donovanrizzo@raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,239,200 $2,239,200 $2,239,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.154% 6.007% 5.932%
Monthly Tax Payment $1,794 $1,794 $1,794
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,714 $13,246 $18,595
Total Monthly Payment $14,633 $15,165 $20,514

* 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.