1 BENJAMIN FRANKLIN DRIVE, #55, Sarasota, FL, 34236 | $895,000

ST. ARMANDS TOWERS NORTH - Located directly across from the sugar-white sands of Lido Beach and just one block from vibrant St. Armands Circle boutiques, galleries, and culinary experiences. This stylish northeast-facing residence on the fifth floor is sold furnished and ready for immediate enjoyment. The interior was designed for effortless elegance, featuring warm bamboo flooring, crisp crown molding, and plantation shutters that beautifully filter the Florida sun. The open-concept floor plan flows seamlessly through three sets of sliding glass doors (with new hurricane shutters) in the living room and both bedrooms, to an expansive 240 sq. ft. balcony—your private sanctuary for enjoying tropical breezes. The kitchen boasts a delightfully functional layout, with ample cabinetry, granite countertops, and stainless-steel appliances. Two full bathrooms include a primary ensuite, offering privacy for you and your guests. Convenience meets beachside luxury with an in-unit washer/dryer, large storage closet, and a dedicated covered carport space with an adjacent storage locker. The St. Armands Towers North community provides a worry-free living experience, having completed all required structural reviews. An on-site manager keeps the building in top condition; proactive maintenance keeps fees low, and the reserves are fully funded. Residents can indulge in a resort-like lifestyle with fantastic amenities, including a heated pool with Gulf views, exercise room, library, and beautiful newly remodeled community room. Location is everything, and this condo delivers. Whether you enjoy sunbathing on the sands of Lido Beach, exploring the kayak launches and nature trails of nearby South Lido Park, shopping, and dining on St. Armands, or relaxing in the splendor of your refined retreat, this property offers the ultimate island experience. A free local shuttle with a stop nearby even provides convenient transport directly to downtown Sarasota, allowing you easy access to explore the area's rich cultural offerings. Enjoy sophisticated, maintenance-free coastal living at one of Lido Key’s most desirable addresses!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 13
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Pool, Recreation Facilities
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: ST ARMAND TOWERS NORTH
  • Year Built: 1968
  • Approx Sq. Feet: 1,389
  • Est. Taxes: $6,207
  • Condo Fee: $3,800 Quarterly
  • View: City
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: No
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4677053
  • Days on Market: 44 days
  • Website: https://www.raveis.com
    /prop/A4677053/1benjaminfranklindrive_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 3/27/2026 4:02:31 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-388-4447

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1 BENJAMIN FRANKLIN DRIVE, #55, Sarasota, FL, 34236

$895,000

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 $716,000 $716,000 $716,000
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 6.300% 6.375% 6.203%
Monthly Tax Payment $517 $517 $517
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,235 $4,409 $6,042
Total Monthly Payment $4,844 $5,018 $6,651

* 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.