David Shippey
863.521.4517

361 Benjamin Franklin Drive UNIT A Sarasota Florida | Home for Sale

To schedule a showing of 361 Benjamin Franklin Drive UNIT A, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!

$5,500,000 Reduced -$100,000
361 Benjamin Franklin Drive UNIT A
Sarasota, FL 34236
  • 5Beds
  • 6.00Total Baths
  • 4 Full, 2 HalfBaths
  • 5,405SqFt
  • 2010Year Built
  • 0.16Acres
  • MLS# N6131634
  • Residential
  • Condominium
  • Active

  • Approx Time on Market1 year, 4 months, 18 days
  • Area34236 - Sarasota
  • CountySarasota
  • Subdivision Palazzi Al Mare

Overview

One or more photo(s) has been virtually staged. NEW PRICE, STAGED & MOVE-IN READY at the Exquisite Estate of Palazzi Al Mare. This breathtaking 5-bedrooms, 4 full baths, 2 half baths, 5-car garage home is the TROPHY of Gulf-front luxury with unobstructed ocean views from every level located directly in the heart of Lido Key & St. Armands Circle! As you enter through the iron front gate of your paver driveway with enhanced lighting, welcome to your breathtaking home of 5,405 square feet under air, this home is equipped with 4-zoned NEW HVAC systems, Control I4 smart home automation, expansive living spaces, ceiling speakers in 8 zones, custom built-ins, motorized Hunter Douglas blinds and shades throughout.Upon entry, the Grand Foyer showcases a mesmerizing glass elevator and custom staircase a signature feature of the only 5-level homes directly on Lido Beach. Take either the master staircase or the commercial-grade glass elevator to the main living area, where the views of the crystal-clear, turquoise waters of the Gulf will leave you breathless. This level also features floor-to-ceiling HURRICANE IMPACT WINDOWS and SLIDING IMPACT DOORS that open to multiple balconies equip with NEW motorized Kevlar hurricane screens.The gourmet chef's kitchen is designed for the most discerning chefs, featuring SUB-ZERO and WOLF APPLIANCES, a walk-in pantry, dual bars and sinks, Sub-Zero beverage coolers, and a SUB-ZERO ice maker. The main level (2nd floor) also boasts a luxurious Gulf-front great room, ideal for entertaining.Each of the three living floors features oversized custom en-suite bedrooms with his-and-her walk-in closets and vanities along with expansive bathrooms. All rooms have private smart controls for music, lighting, air/heat, and blinds. The 5th bedroom on the 2nd floor is perfect for guests or as a bonus room or private office.On the third floor, the second primary en suite awaits, offering some of the most luxurious upgrades youve ever seen. The grand glass staircase leads you to the fourth floor, where the newly tiled 8-person pool and spa awaits. Overlooking the Gulf, this area is surrounded by Trex decking, ALL BRAND-NEW POOL EQUIPMENT, motorized pergola, muraled wall- pre-plumbed space for an outdoor kitchen, a half bath, utility closet, outdoor shower, and more.Just off the pool deck is the ultimate entertainers room featuring a Sub-Zero beverage refrigerator, a granite wet bar, and a custom L-shaped granite bar. The space also features motorized privacy screens and a Kevlar screen on the front balcony.The primary en suite on this level is an absolute dream, offering a spacious bathroom with two toilet closets (one with a bidet), custom closet built-ins, dual vanities, a makeup vanity, a Victoria Albert soaking tub, and a dual shower with seating areas and separate washer & dryer hookups. The attention to detail is unparalleled, with double coffered ceilings unique to each room throughout the home.On the fifth floor, youll find the rooftop terrace, offering 360-degree views of the stunning Sarasota Bay and the Gulf. This private, unobstructed viewpoint offers some of the most relaxing and scenic views on Lido Key.Located just steps from St. Armands Circle, this extraordinary estate combines privacy, sophistication, and prime location. NOW offered furnished, this home is ready to offer you Gulf-front living today! Schedule a private showing and experience the ultimate luxurious coastal living LIDO has to offer! Live where most vacation!



Agriculture / Farm

Association Fees / Info

Community Features:  Waterfront, StreetLights, Sidewalks

Pets Allowed:  Yes

Senior Community:  No

Hoa Frequency Rate:  3000

Association:  Yes

Hoa Fees Frequency:  Monthly

Association Fee Includes:  AssociationManagement, Insurance, MaintenanceGrounds, MaintenanceStructure

Bathroom Info

Total Baths:  6.00

Fullbaths:  4

Building Info

Window Features:  StormWindows, WindowTreatments

Roof:  Other

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Style:  Contemporary, Coastal, Florida

Pool Features:  Gunite, OutsideBathAccess, Tile

Patio:  RearPorch, Covered, Deck, Patio, Balcony

Pool Private:  Yes

Exterior Features:  Balcony, Courtyard, SprinklerIrrigation, Lighting, OutdoorShower

Fees / Restrictions

Financial

Original Price:  $6,995,000

Disclosures:  CovenantsRestrictionsDisclosure

Garage / Parking

Open Parking:  No

Parking Features:  Boat, Covered, Driveway, Garage, GolfCartGarage, GarageDoorOpener, Guest, Oversized, GarageFacesSide

Attached Garage:  Yes

Garage:  Yes

Carport:  Yes

Car Ports:  2

Green / Env Info

Interior Features

Fireplace Desc:  Decorative, Gas, LivingRoom

Fireplace:  Yes

Floors:  Carpet, CeramicTile, Wood

Levels:  ThreeOrMore

Spa:  Yes

Laundry Features:  WasherHookup, LaundryRoom, UpperLevel

Interior Features:  WetBar, BuiltInFeatures, TrayCeilings, CeilingFans, CrownMolding, DryBar, EatInKitchen, Elevator, HighCeilings, LivingDiningRoom, OpenFloorplan, StoneCounters, SplitBedrooms, SmartHome, SolidSurfaceCounters, UpperLevelPrimary, WalkInClosets, WindowTreatments

Appliances:  BarFridge, ConvectionOven, Dryer, Dishwasher, ElectricWaterHeater, Freezer, Disposal, IceMaker, Microwave, Range, Refrigerator, RangeHood, SolarHotWater, Washer

Spa Features:  AboveGround, Heated

Lot Info

Direction Remarks:  US-41/N TAMIAMI TRAIL, TURN RIGHT ONTO SR-789/N GULFSTREAM AVE, AT ROUNDABOUT-TAKE 2ND EXIT ONTO JOHN RINGLING BLVD, BEAR LEFT ONTO BENJAMIN FRANKLIN DR, 361 IS ON LEFT ACROSS FROM LIDO BEACH PARKING LOT.

Lot Size Units:  Acres

Lot Size Acres:  0.16

Lot Sqft:  6,832

Vegetation:  PartiallyWooded

Lot Desc:  Landscaped

Misc

Other

Equipment:  Intercom, IrrigationEquipment

Special Conditions:  None

Security Features:  SecuritySystemOwned, SecuritySystem, SecurityGate, SecuredGarageParking, SmokeDetectors, SecurityLights

Other Rooms Info

Property Info

Section:  35

Class Type:  Condominium

Property Sub Type:  Condominium

Property Condition:  NewConstruction

Property Attached:  No

New Construction:  No

Construction Materials:  Block, Concrete, Stone, Stucco

Total Stories:  5

Foundation:  Block, ConcretePerimeter, PillarPostPier

Human Modified:  Yes

Room Info

Total Rooms:  10

Sqft Info

Sqft:  5,405

Bulding Area Sqft:  6,832

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Legal Description:  UNIT A, PALAZZI AL MARE, A LAND CONDOMINIUM

Tax Annual Amount:  46419

Unit Info

Unit:  A

Utilities / Hvac

Heating:  Central, Electric, Solar

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, Zoned, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  BeachAccess, GulfAccess, OceanAccess

View:  Yes

Water Body Name:  GULF OF MEXICO; LIDO BEACH

View:  Beach, Ocean, Water

Directions

US-41/N TAMIAMI TRAIL, TURN RIGHT ONTO SR-789/N GULFSTREAM AVE, AT ROUNDABOUT-TAKE 2ND EXIT ONTO JOHN RINGLING BLVD, BEAR LEFT ONTO BENJAMIN FRANKLIN DR, 361 IS ON LEFT ACROSS FROM LIDO BEACH PARKING LOT.

This listing courtesy of Coldwell Banker Realty 

Mortgage Calculator

%
$
%
Dollars per $1000
$
Approximate Monthly Payment 0.0
Price & Status History (on davidshippey.com since Tue, Mar 5th 2024)
  • Original Price: $6,995,000
  • Current Price: $5,500,000
  • Price Reduced: $1,495,000
Date ChangedFromTo
07/17/2025$5,600,000 $5,500,000 Reduced by $100,000

Broker Reciprocity The information being provided by © 2025 My Florida Regional MLS DBA Stellar MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE REALTY, INC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE REALTY, INC, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. MLS IDX data last updated on 07-23-2025 7:25 PM EST.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. This real estate website and IDX data is hosted by IDX data is Powered & Hosted by Dynamic IDX, LLC Real Estate Web Solutions

If you have any questions on 361 Benjamin Franklin Drive UNIT A, Sarasota, Florida, please call David Shippey at 863-521-4517.


MLS# N6131634 located at 361 Benjamin Franklin Drive UNIT A, Sarasota, Florida is brought to you by David Shippey REALTOR®

361 Benjamin Franklin Drive UNIT A, Sarasota, Florida has 5 Beds, 4 Full Bath, and 2 Half Bath.
The MLS Number for 361 Benjamin Franklin Drive UNIT A, Sarasota, Florida is N6131634.
The price for 361 Benjamin Franklin Drive UNIT A, Sarasota, Florida is $5,500,000.
The status of 361 Benjamin Franklin Drive UNIT A, Sarasota, Florida is Active.
The subdivision of 361 Benjamin Franklin Drive UNIT A, Sarasota, Florida is Palazzi Al Mare.
The home located at 361 Benjamin Franklin Drive UNIT A, Sarasota, Florida was built in 2025.

Related Searches:  Chain of Lakes Winter Haven Florida