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Sold for $4,750,000
  • $4,750,000

    343 Benjamin Franklin Dr, Sarasota, FL 34236

    5beds
    3,422sqft
    Single Family Residence
    Built in 2025
    6,532 Square Feet Lot
    $4,594,200 Zestimate®
    $1,388/sqft
    $7,964 Estimated rent

    Home value

    $4,594,200

    $4.13M - $5.10M

    $7,964/mo

    Zestimate® history
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    What's special

    Lido beachFull outdoor kitchenSoaring ceilings
    Under Construction. Welcome to a one-of-a-kind opportunity on Lido Key. This home sits directly across from the sand—simply step out the door, cross the street, and you’re on Lido Beach. Spend your days kayaking, swimming, or sunbathing, then stroll home barefoot for a cold drink from your own kitchen. With St. Armands Circle just a short walk away, world-class dining, shopping, and entertainment are all within easy reach—no car required. Currently under construction, this residence was conceived as a modern coastal sanctuary, where sleek architecture meets bulletproof engineering. From its commanding presence to its fortified construction, every detail was designed to impress—and to endure. The entire home is built from solid poured concrete, anchored deep into the earth by massive structural pilings. All windows and doors are hurricane-impact rated, and the structure exceeds even Florida’s highest standards for wind and storm resistance. This isn’t just hurricane-ready—it’s a concrete bunker in disguise, wrapped in modern design. Even the ground level is designed for resilience, finished entirely in water-resistant materials. In the rare event of flood exposure, cleanup is minimal—no costly damage, no downtime. It's a home that’s as smart as it is stunning. The layout is purposefully elevated to maximize privacy, function, and uninterrupted Gulf views. The first floor includes a spacious garage and ample storage for all your beach gear. The second floor offers the primary suite and two additional bedrooms, perfectly arranged for rest and retreat. On the third floor, you'll find two more bedrooms and an expansive, open-concept living area with soaring ceilings and floor-to-ceiling views of the Gulf. A full outdoor kitchen completes this level, making entertaining seamless. Finally, the rooftop terrace is the crown jewel—featuring a second outdoor kitchen, lounge area, and panoramic, front-row sunsets over the water every evening. The most expensive and critical construction milestones are already complete: the full structural concrete shell, roof, framing, impact windows, and the majority of mechanical, electrical and plumbing rough-ins. The home is being built by a high-end custom home builder, who is ready to seamlessly carry the project through to completion for the next owner. Now is the perfect time to step in and bring your vision to life—select your finishes, refine your layout, and make it uniquely yours. Or, for those who prefer a hands-off approach, the listing broker can provide pricing for a fully turnkey solution. Whether you're seeking a showstopping primary residence, a private vacation home, or a premium short-term rental investment, this property checks every box. Its unbeatable location across from the beach and walking distance to St. Armands makes it a highly desirable destination for luxury travelers year-round. Homes like this don’t come along often. The heavy lifting is done. The dream is already in motion. Now it’s your turn to make it yours.

    Zillow last checked:

    Listing updated:

    Listed by:

    Hugo Gagliardi 941-266-0300,

    LUXIO REAL ESTATE LLC 941-266-0300

    Bought with:

    Patricia Urzedowski, 3471094

    KW COASTAL LIVING II

    Source: Stellar MLS,MLS#: A4661013MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room, Family Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Second
    Bedroom 2
    • Features: Built-in Closet
    • Level: Second
    Bedroom 3
    • Features: Built-in Closet
    • Level: Second
    Bedroom 4
    • Features: Built-in Closet
    • Level: Third
    Bedroom 5
    • Features: Built-in Closet
    • Level: Third
    Dining room
    • Level: Third
    Kitchen
    • Level: Third
    Living room
    • Level: Third
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Inside
    Features
    • Accessibility Features, Built-in Features, Ceiling Fan(s), Central Vacuum, Eating Space In Kitchen, Elevator, High Ceilings, Open Floorplan, Walk-In Closet(s)
    • Flooring: Tile, Hardwood
    • Doors: Outdoor Grill, Outdoor Kitchen, Sliding Doors
    • Windows: Aluminum Frames, Insulated Windows, Tinted Windows, Hurricane Shutters/Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 4,406
    • Total interior livable area: 3,422 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Electric Vehicle Charging Station(s), Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered
    • Exterior features: Balcony, Lighting, Other, Outdoor Grill, Outdoor Kitchen
    • Has private pool: Yes
    • Pool features: Child Safety Fence, Heated, In Ground, Lighting, Salt Water
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Water, Gulf/Ocean - Full, Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Water,Gulf/Ocean - Full,Gulf/Ocean - Partial
    Lot
    • Size: 6,532 Square Feet
    Details
    • Additional structures: Outdoor Kitchen
    • Parcel number: 2016050012
    • Zoning: RMF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Custom,Elevated
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Foundation: Stem Wall, Raised
    • Roof: Concrete,Membrane
    Condition
    • Under Construction
    • New construction: Yes
    • Year built: 2025
    Details
    • Builder model: Custom
    • Builder name: CORAL COVE CONSTRUCTION

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Closed Circuit Camera(s), Security Gate, Security System, Security System Owned, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: LIDO BEACH DIV B RESUB
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,388/sqft
    • Tax assessed value: $1,698,800
    • Annual tax amount: $25,804
    • Date on market: 8/6/2025
    • Cumulative days on market: 9 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/29/2025Sold$4,750,000$1,388/sqft
    Source: Stellar MLS #A4661013 Report a problem
    8/16/2025Pending sale$4,750,000$1,388/sqft
    Source: Stellar MLS #A4661013 Report a problem
    8/6/2025Listed for sale$4,750,000+352.4%$1,388/sqft
    Source: Stellar MLS #A4661013 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    10/21/2019Listing removed$5,500$2/sqft
    Source: Owner Report a problem
    9/20/2019Listed for rent$5,500+41%$2/sqft
    Source: Owner Report a problem
    7/27/2018Listing removed$3,900$1/sqft
    Source: Owner Report a problem
    3/18/2018Listed for rent$3,900$1/sqft
    Source: Owner Report a problem
    9/12/2016Sold$1,050,000-12.5%$307/sqft
    Source: Stellar MLS #A4153491 Report a problem
    8/15/2016Pending sale$1,200,000$351/sqft
    Source: Coldwell Banker Residential Real Estate - St Armands #A4153491 Report a problem
    8/3/2016Listed for sale$1,200,000$351/sqft
    Source: Coldwell Banker Residential Real Estate - St Armands #A4153491 Report a problem
    7/13/2016Pending sale$1,200,000$351/sqft
    Source: Coldwell Banker Residential Real Estate - St Armands #A4153491 Report a problem
    7/6/2016Price change$1,200,000-7.7%$351/sqft
    Source: Coldwell Banker Residential Real Estate - St Armands #A4153491 Report a problem
    6/27/2016Price change$1,300,000-7.1%$380/sqft
    Source: Coldwell Banker Residential Real Estate - St Armands #A4153491 Report a problem
    5/4/2016Listed for sale$1,400,000$409/sqft
    Source: COLDWELL BANKER RES R E #A4153491 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,813 -7.7%$1,528,198 +3.2%
    2024$25,804 +1.3%$1,480,871 +10%
    2023$25,464 +29.4%$1,346,246 +10%
    2022$19,683 +12.9%$1,223,860 +10%
    2021$17,430 -1.3%$1,112,600 +1.4%
    2020$17,657 +2.2%$1,097,500 +4.4%
    2019$17,273 $1,051,600 +10%
    2018$17,273 +12%$956,000 -5.8%
    2017$15,416 +69.3%$1,015,200 +4.9%
    2016$9,105 $967,500 +23.3%
    2015$9,105 +0.1%$784,700 +40.3%
    2014$9,095 +0.2%$559,248
    2013$9,075 +4%$559,248 +1.7%
    2012$8,725 +0.3%$549,900 -1%
    2011$8,699 -2.8%$555,600 -1.3%
    2010$8,950 -7.4%$562,899 +2.7%
    2009$9,668 $548,100 -9.7%
    2008$9,668 -5.9%$606,800 -5.2%
    2007$10,275 $639,900 -15%
    2006-- $753,200 +47%
    2005-- $512,300 -0.1%
    2004$9,215 +6.9%$512,600 +10.8%
    2003$8,617 +27%$462,600 +26.8%
    2002$6,783 +41.5%$364,800 +36.4%
    2001$4,792 +16.7%$267,400 +18.3%
    2000$4,106 $226,100
    Find assessor info on the county website

    Neighborhood: Lido Key

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,594,200
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    Estimated market value
    $4,594,200