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Sold for $3,450,000
  • $3,450,000

    1300 BENJAMIN FRANKLIN DRIVE #505, SARASOTA, FL 34236

    3beds
    3,302sqft
    Condominium
    Built in 2005
    -- sqft lot
    $3,368,900 Zestimate®
    $1,045/sqft
    $7,991 Estimated rent

    Home value

    $3,368,900

    $3.00M - $3.81M

    $7,991/mo

    Zestimate® history
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    What's special

    Gas fireplaceCenter islandAdditional guest suitesSpacious laundry roomPrivate terraceSweeping gulf viewsStone counters
    Gulf-Front Luxury at The Beach Residences — Ritz-Carlton Living on Lido Key! Ideally located on the 5th floor of The Beach Residences at the Ritz-Carlton, this expansive three-bedroom Estate residence showcases sweeping Gulf views and the signature lifestyle only Ritz-Carlton ownership provides. With 3,300+ square feet of interior living space and more than 600 square feet of private terrace, this property delivers coastal elegance and remarkable comfort in one of Sarasota’s most exclusive beachfront addresses. A private elevator opens to a welcoming foyer and gallery hall, revealing a dramatic Grand Salon framed by walls of glass and tranquil Gulf panoramas. Marble flooring, refined architectural details, tray ceilings, and custom built-ins elevate the sense of scale and serenity throughout. Designed for effortless entertaining, the open living and dining areas connect seamlessly to an oversized Gulf-facing terrace—perfect for sunset gatherings or quiet mornings with ocean breezes. The gourmet kitchen pairs functionality with style, offering solid-wood cabinetry, stone counters, a center island, and high-end stainless appliances including built-in ovens, gas cooktop with grill, wine refrigeration, and large pantry. A cozy breakfast area with floor-to-ceiling glass makes every meal a waterfront moment. The primary suite is a private retreat, complete with dual walk-in closets, morning kitchen, terrace access, and a luxurious en-suite bath featuring dual vanities, soaking tub, large shower, and private water closet. Two additional guest suites, one is a generous master-sized suite, provide privacy for family and visitors. Additional features include a spacious laundry room, hurricane-rated glass throughout, custom built-ins, and a gas fireplace. Exclusive to this residence, two premium parking spaces and a secure storage unit are included. The available Gold Ritz-Carlton Members Club membership further enhances this offering, providing access to premier golf, spa, and beach club facilities (refundable deposit required). The Beach Residences delivers an unmatched amenities experience: 24-hour concierge, resident services, oceanfront pool and spa, outdoor grills, spacious social lounge, media room, billiards, library, full gym, sauna, massage rooms, and elegant guest suites for overflow accommodations. A private, resident-only beachfront path invites direct access to pristine sand and turquoise waters. Ideally positioned on prestigious Lido Key, the location blends coastal tranquility with immediate convenience. Enjoy nearby dining on St. Armands Circle, boutique shopping, luxury spas, and walkable beach cafes. Sarasota’s celebrated arts and culture—including the Van Wezel, Sarasota Opera House, Orchestra, The Bay Park, and downtown galleries—are just minutes away. Marina Jack, Selby Gardens, Burns Court, and the city's waterfront promenade offer endless recreational options. A rare opportunity to own in one of Florida’s most refined seaside communities, this Gulf-front residence is more than a home—it's a private sanctuary shaped by world-class service, breathtaking vistas, and the effortless elegance only the Ritz-Carlton brand can deliver.

    Zillow last checked:

    Listing updated:

    Listed by:

    Roger Pettingell 941-387-1840,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Rich Polese, 3386761

    COMPASS FLORIDA LLC

    Source: Stellar MLS,MLS#: A4670928MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Great Room, Utility Room
    Primary bedroom
    • Features: Built-In Shelving, En Suite Bathroom, Granite Counters, Wet Bar, Dual Closets
    • Level: First
    • Area: 270 Square Feet
    • Dimensions: 15x18
    Bedroom 2
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 195 Square Feet
    • Dimensions: 13x15
    Bedroom 3
    • Features: Built-In Shelving, Built-in Features, Built-in Closet
    • Level: First
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Primary bathroom
    • Features: Built-In Shelving, Dual Sinks, En Suite Bathroom, Granite Counters, Makeup/Vanity Space, Split Vanities, Tub with Separate Shower Stall, Water Closet/Priv Toilet
    • Level: First
    Bathroom 2
    • Features: Built-In Shelving, Built-In Shower Bench, Dual Sinks, En Suite Bathroom, Granite Counters, Makeup/Vanity Space, Split Vanities, Tub with Separate Shower Stall, Water Closet/Priv Toilet
    • Level: First
    Bathroom 3
    • Features: Shower No Tub, Single Vanity
    • Level: First
    Dinette
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 14x13
    Dining room
    • Features: Built-In Shelving, Granite Counters, Wet Bar
    • Level: First
    • Area: 210 Square Feet
    • Dimensions: 14x15
    Foyer
    • Level: First
    Kitchen
    • Features: Breakfast Bar, Built-In Shelving, Built-in Features, Granite Counters, Kitchen Island, Pantry
    • Level: First
    • Area: 210 Square Feet
    • Dimensions: 15x14
    Laundry
    • Features: Built-In Shelving
    • Level: First
    Living room
    • Features: Built-In Shelving
    • Level: First
    • Area: 323 Square Feet
    • Dimensions: 17x19
    Heating
    • Central, Electric, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Indoor Grill, Range Hood, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Corridor Access
    Features
    • Built-in Features, Crown Molding, Eating Space In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
    • Flooring: Marble
    • Doors: Sliding Doors
    • Windows: Drapes, Storm Window(s), Window Treatments, Hurricane Shutters/Windows
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 3,916
    • Total interior livable area: 3,302 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Garage Door Opener, Guest, Under Building
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio
    • Exterior features: Balcony, Irrigation System, Lighting, Sidewalk, Storage, Tennis Court(s)
    • Pool features: Deck, Gunite, Heated, Lighting, Outside Bath Access, Salt Water
    • Has spa: Yes
    • Spa features: Heated
    • Has view: Yes
    • View description: City, Water, Bay/Harbor - Partial, Beach
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial,Beach
    • Waterfront features: Gulf/Ocean Front, Gulf/Ocean, Beach Access, Beach - Access Deeded
    Lot
    • Size: 2.03 Acres
    • Features: FloodZone, City Lot, Landscaped, Near Golf Course, Private, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Additional structures: Cabana, Gazebo, Storage, Tennis Court(s)
    • Parcel number: 2017032022
    • Zoning: WFR
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom,Elevated
    • Property subtype: Condominium
    Materials
    • Block, Concrete
    • Foundation: Raised
    • Roof: Concrete
    Condition
    • New construction: No
    • Year built: 2005
    Details
    • Builder model: ESTATE 05

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Water Access, Association Recreation - Owned, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Sidewalks, Special Community Restrictions, Tennis Court(s)
    • Security: Fire Sprinkler System, Gated Community, Smoke Detector(s), Fire/Smoke Detection Integration
    • Pet fee: $0 monthly
    • Subdivision: THE BEACH RESIDENCES
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
    • Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
    • HOA fee: $3,256 monthly
    • HOA name: IVANA PODOLSKA
    • HOA phone: 941-309-2801
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,045/sqft
    • Tax assessed value: $2,192,800
    • Annual tax amount: $25,747
    • Date on market: 11/4/2025
    • Cumulative days on market: 13 days
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Brick, Paved

    Price history

    DateEventPrice
    12/19/2025Sold$3,450,000-13.6%$1,045/sqft
    Source: Stellar MLS #A4670928 Report a problem
    11/18/2025Pending sale$3,995,000$1,210/sqft
    Source: Stellar MLS #A4670928 Report a problem
    11/4/2025Listed for sale$3,995,000$1,210/sqft
    Source: Stellar MLS #A4670928 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,910 +16.2%$1,998,946 +14%
    2024$25,747 +2.7%$1,754,219 +3%
    2023$25,080 +2.5%$1,703,125 +3%
    2022$24,480 -1.1%$1,653,519 +3%
    2021$24,745 -1.2%$1,605,358 +1.4%
    2020$25,045 +2.6%$1,583,193 +2.3%
    2019$24,417 $1,547,598 +1.9%
    2018$24,417 +1.6%$1,518,742 +2.1%
    2017$24,030 -0.4%$1,487,504 -11.2%
    2016$24,139 $1,674,700 +1.5%
    2015$24,139 +0.1%$1,650,000 +13.2%
    2014$24,123 -2.9%$1,457,800
    2013$24,832 +3%$1,457,800 +0.8%
    2012$24,116 +4.8%$1,446,590 +3%
    2011$23,013 -0.3%$1,404,456 +1.5%
    2010$23,080 -2.2%$1,383,700 +1.7%
    2009$23,608 $1,361,000 -9.9%
    2008$23,608 -8.2%$1,511,100 -6.6%
    2007$25,710 $1,617,040 +2.5%
    2006-- $1,577,600
    Find assessor info on the county website

    Neighborhood: Lido Key

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,368,900
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    Estimated market value
    $3,368,900