2050 BENJAMIN FRANKLIN DR #B704
- SARASOTA, FL
- $2,799,000
3 Beds 3 Baths 2,936 Sq.Ft.
Year Built
Total Bedrooms
Total Bathrooms
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Garage Spaces
Explore
White sand beaches, mangrove tunnels, and world-class dining
Lido Key (zipcode 34236) is a barrier island on the Gulf of Mexico connected to the city of Sarasota by the John Ringling Causeway. The beautiful white sands of Lido Beach roll out to the Gulf's shimmering turquoise waters. This private beach is incredibly relaxing and far less crowded than many other Gulf Coast destinations. Lido Key is a popular destination for weddings and private parties. Less than half a mile from Lido Beach, St. Armands Circle is a premier shopping and dining destination featuring scores of restaurants and boutiques.
Lido Key features luxury hotels and beach houses in diverse architectural styles. Housing options include eye-catching mid-century modern properties and classically inspired contemporary homes. Lido Key also offers condo complexes with Gulf views and first-class amenities.
Current real estate insights for Lido Key (Updated 2024-2025)
Lido Key is experiencing a distinct "flight to quality" in 2025. While the general market stabilizes, ultra-luxury waterfront estates and newer hurricane-hardened condos are commanding premium prices, often seeing multiple offers. The inventory for entry-level condos ($500k-$900k) has tightened significantly as investors snap up properties for vacation rentals, driven by the island's unique weekly rental zoning in certain districts.
Lido Key offers diverse residential options catering to various lifestyles. The island features luxurious single-family beach homes with private pool decks, many showcasing the "Sarasota School of Architecture" mid-century modern style. Condominium living is exceptionally popular, with high-rise towers offering panoramic Gulf views. For investors, the "Lido Dunes" area offers a rare opportunity for weekly vacation rentals, maximizing ROI.
Lido Beach offers pristine white sands and calm Gulf waters. Unlike Siesta Key, the sand here is slightly coarser, meaning it doesn't stick to you as much! The "North Lido" section is a hidden gem for privacy seekers.
This legendary shopping district features over 130 upscale boutiques, art galleries, and restaurants in a beautiful circular layout with fountains and statues. It is the "outdoor living room" of the island.
Ted Sperling Park on the south end offers the famous "mangrove tunnels"—a magical kayaking experience where you paddle through a canopy of trees, often spotting manatees and dolphins.
Lido Key offers a sophisticated yet relaxed lifestyle. The community attracts discerning residents—from CEOs to retirees—who value privacy and walkability. The vibe here is quieter and more refined than the bustling energy of Siesta Key. Residents often start their day with a walk on the beach, spend the afternoon boating or kayaking, and end the evening with a stroll to St. Armands for a world-class dinner.
Lido Key is a culinary destination in its own right. Just steps from the sands, the Drift Kitchen & Bar (formerly Lido Beach Grille) offers 180-degree views of the Gulf on the 8th floor.
Fine Dining: Crab & Fin flies in fresh seafood daily from around the globe. Columbia Restaurant is a historic landmark serving award-winning Spanish/Cuban cuisine (do not miss the "1905" Salad).
Casual & Fun: Tommy Bahama offers a great happy hour with island vibes. Cha Cha Coconuts is perfect for a casual lunch and tropical drinks.
St. Armands Circle isn't just a mall; it's an experience. You will find high-end fashion at Shore and Lilly Pulitzer alongside unique local treasures. Don't miss The Spice & Tea Exchange for gourmet gifts or Kilwins for their famous fudge and ice cream.
Beyond the beach, Lido Key is a hub for culture and nature. Ted Sperling Park is the crown jewel for outdoor enthusiasts, offering paddleboard rentals to explore the bayou. Each year, the St. Armands Fine Art Festival transforms the circle into an open-air museum.
Lido Key residents have access to some of the top-rated schools in Florida, located just across the bridge on the mainland:
Lido Key is incredibly connected. The Bay Runner Trolley is a FREE open-air trolley that runs a continuous loop connecting Lido Beach, St. Armands Circle, and Downtown Sarasota. It's perfect for heading downtown for dinner without worrying about parking. For travelers, Sarasota-Bradenton International Airport (SRQ) is just a convenient 15-minute drive away.