1800 BENJAMIN FRANKLIN DRIVE, #A1003, Sarasota, FL, 34236 | $1,500,000

Under contract-accepting backup offers. Experience sweeping panoramic views from this beautifully renovated 10th-floor residence, fully move-in ready. The reimagined kitchen opens seamlessly to the living area, while every room flows onto an expansive, covered lanai ideal for alfresco dining and sunset relaxation. Interior features include neutral tile flooring, updated décor, an extended spa-style shower, and a generous walk-in closet. The spacious primary suite offers ample room for a sitting area, and the second bedroom features a Murphy bed, allowing the space to function effortlessly as a home office. Marvel at the shimmering waters of Sarasota Bay, the iconic Ringling Bridge, and the sparkling city skyline—all from the comfort of your home. L’Elegance is Lido’s best-kept secret: a well-managed, friendly, and highly sought-after community offering exceptional resort-style amenities. Enjoy an Olympic-size beachfront pool and spa overlooking the white sands of Lido Beach, two lighted Har-Tru tennis courts, a well-equipped fitness center, climate-controlled storage, and secure garage parking. The guard gated complex with onsite manager provides enhanced security, and recent improvements include a new roof, fresh exterior paint, and upcoming renovations to hallways and the club room. The building is pet-friendly and welcomes large dogs. With minimal storm impact and no outstanding assessments, this residence offers complete peace of mind. Perfectly positioned just minutes from the upscale dining and boutique shopping of St. Armands Circle and the vibrant cultural offerings of downtown Sarasota, this is coastal living at its finest.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 11
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Other, Pool, Sauna, Security, Storage, Tennis Court(s)
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: L ELEGANCE ON LIDO BEACH
  • Year Built: 1996
  • Approx Sq. Feet: 1,350
  • Acreage: 5.09
  • Est. Taxes: $15,338
  • Condo Fee: $7,726 Quarterly
  • View: City, Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • MLS#: A4673278
  • Days on Market: 49 days
  • Website: https://www.raveis.com
    /prop/A4673278/1800benjaminfranklindrive_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 11:42:52 PM)

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NMLS Mortgage Loan Originator ID 223191

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1800 BENJAMIN FRANKLIN DRIVE, #A1003, Sarasota, FL, 34236

$1,500,000

Chris Bjorklund

Sales Associate

William Raveis Real Estate

Phone: 203.464.8466

Chris.Bjorklund@raveis.com

Gerry O'Brian

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.274.0501

Gerry.OBrian@raveis.com

NMLS Mortgage Loan Originator ID 223191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
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 $1,278 $1,278 $1,278
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,813 $7,098 $9,965
Total Monthly Payment $8,216 $8,501 $11,368

* 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.