1800 BENJAMIN FRANKLIN DRIVE, #B408, Sarasota, FL, 34236 | $1,500,000

This spacious home at gorgeous L’Elegance is an absolute must-see! Every single aspect here is updated, chic, and ready to enjoy…from the stunning & elegant kitchen and baths to the functional items (AC & water heater – 2022, NEW ROOF – 2025, NEW electrical panel - 2025), this property is gloriously move-in ready! The care and excellent management of this building is clear from the moment you arrive at the gate, where you will be greeted by a pretty pavered drive and lush landscaping. Sitting high from the road, there is an unmistakable graciousness to L’Elegance, and this is only enhanced further by the attractive lobby with an immediate view of the sparkling gulf waters beyond. Truly, there is not another building in this area with an entrance so magnificent. Amazing water views is the name of the game here, and that continues in the condo itself, where you’ll immediately see the blue waters of Sarasota Bay from the expansive windows. The bay view also allows for a lovely connection to nature, as you’ll also glimpse the treetops, and don’t forget how gorgeous the sparking lights of the Sarasota skyline are at night! The 50’ wide terrace is incredible and so much more spacious than is typical on the beaches, so there is plenty of room to enjoy the view. Inside you will love the wide & airy floor plan, which is more reminiscent of a home than condo (the opposite of that tunnel feel condos can sometimes have), and the tremendous updates throughout! The kitchen & baths were recently renovated and feature solid wood cabinetry and gleaming quartz countertops, with a sophisticated and unique mix of warm & cool tones. All new appliances (LG, Bosch, Frigidaire) and loads of storage make this kitchen one where cooking will be a delight! The entire bay side of the condo features sliding doors and a glass-railed balcony so you truly can relish in the view at all times here. And you’ll have toes in the sand immediately out the back door of the building! The pool is the largest on Lido and it is perfectly perched overlooking the beach, and the building also has a lovely fitness center and access to luxurious saunas. The location on the sands of Lido Key just a short walk from St. Armands Circle and the wonderful shopping & dining there simply can’t be beat! Two wooded parks with kayak launches are also just steps away, and you’ll love grabbing the Bay Runner Trolley for a quick trip downtown. You must see this one in person to believe it so schedule your visit today!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 12
  • Amenities: Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Storage, Tennis Court(s)
  • Rooms: 9
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: L ELEGANCE ON LIDO BEACH
  • Year Built: 1996
  • Approx Sq. Feet: 1,700
  • Acreage: 5.09
  • Est. Taxes: $12,533
  • Condo Fee: $7,726 Quarterly
  • Lot Desc: City Lot, Sidewalk
  • View: Tennis Court, Trees/Woods, Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
  • MLS#: A4638795
  • Days on Market: 95 days
  • Website: https://www.raveis.com
    /prop/A4638795/1800benjaminfranklindrive_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 5/11/2025 5:01:08 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-951-6660

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1800 BENJAMIN FRANKLIN DRIVE, #B408, Sarasota, FL, 34236

$1,500,000

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 $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.751% 6.666%
Monthly Tax Payment $1,044 $1,044 $1,044
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,291 $7,684 $10,453
Total Monthly Payment $8,460 $8,853 $11,622

* 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.