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Sold for $4,850,000
  • $4,850,000

    361 BENJAMIN FRANKLIN DRIVE #A, SARASOTA, FL 34236

    5beds
    5,405sqft
    Condominium
    Built in 2010
    -- sqft lot
    $4,717,400 Zestimate®
    $897/sqft
    $17,500 Estimated rent

    Home value

    $4,717,400

    $4.25M - $5.24M

    $17,500/mo

    Zestimate® history
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    What's special

    Glass elevatorIron front gateGranite wet barCustom l-shaped granite barCustom built-insRooftop terraceLuxurious gulf-front great room
    One or more photo(s) has been virtually staged. Welcome to 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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Dietrich, PA 603-767-9166,

    COLDWELL BANKER REALTY 941-493-1000

    Bought with:

    Deanna Kennedy, 3278947

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: N6131634MLS LogoOriginating MLS: Venice

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Primary bedroom
    • Features: Makeup/Vanity Space, Multiple Shower Heads, Split Vanities, Stone Counters, Tall Countertops, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
    • Level: Upper
    • Area: 2293.28 Square Feet
    • Dimensions: 52.12x44
    Other
    • Features: Bidet, Built-In Shower Bench, Dual Sinks, En Suite Bathroom, Exhaust Fan, Granite Counters, Makeup/Vanity Space, Multiple Shower Heads, Stone Counters, Tall Countertops, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
    • Level: Third
    • Area: 375.33 Square Feet
    • Dimensions: 14.11x26.6
    Bedroom 2
    • Features: Makeup/Vanity Space, Multiple Shower Heads, Rain Shower Head, Shower No Tub, Stone Counters, Tall Countertops, Tile Counters, Water Closet/Priv Toilet, Walk-In Closet(s)
    • Level: Second
    • Area: 230.1 Square Feet
    • Dimensions: 13x17.7
    Bedroom 3
    • Features: Built-in Closet
    • Level: Second
    • Area: 149.34 Square Feet
    • Dimensions: 11.4x13.1
    Bedroom 5
    • Features: Built-In Shelving, En Suite Bathroom, Granite Counters, Shower No Tub, Single Vanity, Stone Counters, Tall Countertops, Walk-In Closet(s)
    • Level: Third
    • Area: 214.5 Square Feet
    • Dimensions: 13x16.5
    Dining room
    • Features: Breakfast Bar
    • Level: Second
    • Area: 387.2 Square Feet
    • Dimensions: 16x24.2
    Family room
    • Features: Bar, Built-In Shelving, Granite Counters, Wet Bar
    • Level: Upper
    • Area: 461.91 Square Feet
    • Dimensions: 17.3x26.7
    Kitchen
    • Features: Bar
    • Level: Second
    • Area: 295.02 Square Feet
    • Dimensions: 14.9x19.8
    Laundry
    • Level: Second
    • Area: 69.96 Square Feet
    • Dimensions: 6.6x10.6
    Living room
    • Features: Bar, Built-In Shelving, Ceiling Fan(s), Granite Counters
    • Level: Second
    • Area: 324.28 Square Feet
    • Dimensions: 13.4x24.2
    Heating
    • Central, Electric, Solar
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Solar Hot Water Owned, Washer
    • Laundry: Laundry Room, Upper Level, Washer Hookup
    Features
    • Built-in Features, Ceiling Fan(s), Crown Molding, Dry Bar, Eating Space In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Smart Home, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
    • Flooring: Carpet, Ceramic Tile, Hardwood
    • Doors: Outdoor Shower, Sliding Doors
    • Windows: Shades, Storm Window(s), Window Treatments, Shutters
    • Has fireplace: Yes
    • Fireplace features: Decorative, Gas, Living Room
    • Furnished: Yes
    Interior area
    • Total structure area: 6,832
    • Total interior livable area: 5,405 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Boat, Covered, Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Ground Level, Guest, Oversized, Split Garage
    • Attached garage spaces: 5
    • Carport spaces: 2
    • Covered spaces: 7
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Deck, Patio, Rear Porch
    • Exterior features: Balcony, Courtyard, Irrigation System, Lighting, Outdoor Shower, Private Mailbox, Sidewalk
    • Has private pool: Yes
    • Pool features: Deck, Gunite, Outside Bath Access, Tile
    • Has spa: Yes
    • Spa features: Above Ground, Heated
    • Has view: Yes
    • View description: Water, Beach, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Water,Beach,Gulf/Ocean - Full
    • Waterfront features: Gulf/Ocean Front, Waterfront, Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    • Body of water: GULF OF MEXICO; LIDO BEACH
    Lot
    • Size: 6,832 Square Feet
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 2016055001
    • Zoning: RMF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal,Contemporary,Florida
    • Property subtype: Condominium
    Materials
    • Block, Concrete, Stone, Stucco
    • Foundation: Block, Concrete Perimeter, Pillar/Post/Pier
    • Roof: Other
    Condition
    • Completed
    • New construction: No
    • Year built: 2010

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Solar, Street Lights, Water Connected

    Community & HOA

    Community
    • Features: Gulf/Ocean Front, Waterfront, Deed Restrictions
    • Security: Security Fencing/Lighting/Alarms, Security Gate, Security Lights, Security System, Security System Owned, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: PALAZZI AL MARE
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager
    • HOA fee: $3,000 monthly
    • HOA name: Elise Angeloro, Progressive Community Management
    • HOA phone: 941-921-5393
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $897/sqft
    • Tax assessed value: $3,561,700
    • Annual tax amount: $46,419
    • Date on market: 3/5/2024
    • Cumulative days on market: 526 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Brick

    Price history

    DateEventPrice
    9/8/2025Sold$4,850,000-11.8%$897/sqft
    Source: Stellar MLS #N6131634 Report a problem
    8/18/2025Pending sale$5,500,000$1,018/sqft
    Source: Stellar MLS #N6131634 Report a problem
    7/17/2025Price change$5,500,000-1.8%$1,018/sqft
    Source: Stellar MLS #N6131634 Report a problem
    2/18/2025Price change$5,600,000-4.9%$1,036/sqft
    Source: Stellar MLS #N6131634 Report a problem
    1/25/2025Price change$5,890,000-5%$1,090/sqft
    Source: Stellar MLS #N6131634 Report a problem
    11/13/2024Price change$6,199,000-4.6%$1,147/sqft
    Source: Stellar MLS #N6131634 Report a problem
    9/6/2024Price change$6,495,000-4.4%$1,202/sqft
    Source: Stellar MLS #N6131634 Report a problem
    9/1/2024Listed for sale$6,795,000$1,257/sqft
    Source: Stellar MLS #N6131634 Report a problem
    8/29/2024Pending sale$6,795,000$1,257/sqft
    Source: Stellar MLS #N6131634 Report a problem
    5/15/2024Price change$6,795,000-2.9%$1,257/sqft
    Source: Stellar MLS #N6131634 Report a problem
    3/5/2024Listed for sale$6,995,000+112%$1,294/sqft
    Source: Stellar MLS #N6131634 Report a problem
    4/9/2018Sold$3,300,000-5.7%$611/sqft
    Source: Public Record Report a problem
    9/29/2015Sold$3,500,000$648/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$54,031 +16.4%$3,561,700 +13%
    2024$46,419 +2.5%$3,151,316 +3%
    2023$45,266 +2.3%$3,059,530 +3%
    2022$44,270 -1.1%$2,970,417 +3%
    2021$44,746 +7.5%$2,883,900 +12%
    2020$41,620 +2.3%$2,573,800 +2.1%
    2019$40,666 $2,520,200 -7.3%
    2018$40,666 -7.4%$2,717,200 +4.3%
    2017$43,931 -10.7%$2,606,400 -9.3%
    2016$49,169 $2,874,100 -0.9%
    2015$49,169 -1.3%$2,899,900 +5.9%
    2014$49,822 +2.7%$2,738,890
    2013$48,529 +14.8%$2,738,890 +10%
    2012$42,264 $2,489,900
    Find assessor info on the county website

    Neighborhood: Lido Key

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,717,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,717,400