Back 55/1 Benjamin Franklin Drive
Off Market

55/1 Benjamin Franklin Drive

Sarasota FL 34236

2
2
1
1669 sq. ft.
Condo
Last sold for $900,000
Doug ParksDoug Parks, last sold this property on 22 April 2026 after 92 days on market.

Overview

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

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 55/1 Benjamin Franklin Drive is $1.01m.

Median value
$1.01m
Estimated value range
$250k - $2.5m
Median days on market
91
Estimated value trend
10%
increase 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 55/1 Benjamin Franklin Drive

2026
Sold
$900,000
22 Apr 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, 159 two-bedroom condos similar to 55/1 Benjamin Franklin Drive, have been sold.

This represents a 23% increase in two-bedroom condos sales when compared to the previous 12 months.

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