Back 116/1 Benjamin Franklin Drive
Off Market

116/1 Benjamin Franklin Drive

Sarasota FL 34236

2
2
1
1669 sq. ft.
Condo
Last sold for $1,400,000
Doug ParksDoug Parks, last sold this property on 18 February 2026 after 83 days on market.

Overview

Highly sought-after rare opportunity in St. Armands Towers North: Discover unparalleled Gulf-front living in this exquisitely remodeled, upper-level condominium on the 11th floor! This residence offers a once-in-a-lifetime chance to own a beautifully updated condo in an iconic locale with direct views of the Gulf, where every room and the expansive private balcony offers a front-row seat to spectacular sunsets. Meticulously remodeled, this stunning 2-bedroom condo encapsulates a luxurious and low-maintenance Lido Key lifestyle. The interior highlights a blend of style and functionality with coastal-contemporary design and high-end upgrades throughout. The open floorplan seamlessly connects the living areas, designed to maximize the incredible water views. The completely upgraded gourmet kitchen features new lighting, cabinetry, countertops, an island, and all new appliances including an Italian induction cooktop with large oven, which enhances your cooking experience. The elegant primary suite offers a private sanctuary with enviable views of the Gulf, Lido beach, Pansy’s Bayou, and Sarasota Bay to downtown, with lead-glass French doors, crown molding, black-out shades, generous walk-in closet, updated ensuite bath with dual sinks, water closet with high-end Toto toilet, and a full-size stackable washer/dryer to complete the space. Designed for full-body relaxation, the luxurious spa-style shower room is the ultimate experience, with a separate seating area. An additional bedroom with Gulf views is an ideal space for guests with built-in shelving and a Murphy bed. Updates include new air conditioning, electrical panel, and hurricane sliders and windows. In addition, all window openings have electric hurricane shutters, offering peace of mind. The St. Armands Towers North community provides a worry-free living experience, having completed all required structural reviews, exterior painting, replacement of the roof, and common area doors and windows. Residents can indulge in a resort-like lifestyle with fantastic amenities, including a heated pool, exercise room, library, and beautiful newly remodeled community room. The well-managed community also includes an onsite maintenance supervisor and office manager, plus the reserves are fully funded. Location is everything, and this condo delivers the ultimate Florida lifestyle directly across from the sugar-white sands of Lido Beach, and just one block from the vibrant St. Armands Circle, you are steps away from world-class boutiques and award-winning restaurants. A free local shuttle with a stop nearby 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

2 bedrooms
2 bathrooms
1 carspace
1 carport space
1669 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Sarasota over the last 12 months, the estimated median property value of 116/1 Benjamin Franklin Drive is $970k.

Median value
$970k
Estimated value range
$250k - $2.11m
Median days on market
97
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 116/1 Benjamin Franklin Drive

2026
Sold
$1,400,000
18 Feb 2026 by Doug Parks, of MICHAEL SAUNDERS & COMPANY

Happy sellers in Sarasota

90%
90% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Sarasota over the last 12 months.

Local market activity for 2 bedroom condos in Sarasota

In the last 12 months, 160 two-bedroom condos similar to 116/1 Benjamin Franklin Drive, have been sold.

This represents a 24% increase in two-bedroom condos sales when compared to the previous 12 months.

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