CENTURY 21 Edge
$7,200,0003 bd3.5 ba4,081 sqft$1,764 /sqft$41,711 /mo all-in ↓

1000 BENJAMIN FRANKLIN DRIVE UNIT 404, SARASOTA, FL, 34236

Active586 days on marketListed Dec 27, 2024MLS #A4631395

New constructionWaterfrontCondominiumROSEWOOD RESIDENCES LIDO KEY

About this home

1000 BENJAMIN FRANKLIN DRIVE UNIT 404

Virtually Staged. Under Construction. The Rosewood Residences, Lido Key is the first collaboration between Rosewood and a developer for a stand-alone residential condominium bearing the prestigious Rosewood name. Offering a limited collection of 65 stunning private residences located on 3.5 acres of one of the most treasured beaches on the West coast of Florida with 235 feet of beach frontage. The 11-story design by Miami based Swedroe Architecture with interiors spaces thoughtfully designed by Lillian Wu Studios of NYC. Offering 24-hour concierge, valet parking and bespoke owner services by Rosewood Resorts. Residence #404 features 11’ ceilings, 3 bedrooms, 3.5 baths plus den with 4,081 square feet perfect for entertaining. Dramatically organized around expansive dual islands and an inviting wet bar warmed by sunny southern exposure. As the private elevator doors open to the grand salon, the floor to ceiling windows provide a spectacular view of the Gulf of Mexico. Two guest ensuite bedrooms plus a spacious den ensuring owners and guests privacy. The Owner’s suite continues the views even further, with a full wall of floor to ceiling windows and glass door leading out to your expansive terrace. Imagine waking up to this view and enjoying a cup of coffee from the morning bar without having to leave your owner’s suite. No detail overlooked in the expansive kitchen with Wolf, Sub-Zero, Waterworks plumbing fixtures, Rocky Mountain hardware and Irpinia cabinets with a multitude of finish choices. Grab your favorite vintage from your Sub-Zero wine refrigerator as the chef in your life creates their masterpiece on the outdoor summer kitchen with built in gas grill. The residence is a perfect location for entertaining and offers a separate service galley with a second refrigerator, oven, and dishwasher, a perfect space for catering or a dinner prepared by your onsite chef and delivered by the in-residence dining team. The 46,900 square foot amenity level offers an intimate, private club atmosphere surrounded only by family and friends. The spaces are perfect for gathering or quiet escape. Only 65 owners, your experience will be as private as it will be luxurious. Lavish amenities include a private waterfront Bistro dining option, a world-class fitness center with options for private training and yoga, two outdoor pools, private cabanas, day beds, towels, food and beverage service. The wellness spa is a haven for relaxation with hot and cold plunge pools, sauna and steam rooms and private massage treatment rooms. The Club Lounge, serving morning coffee, is a wonderful place to start the day. The other amenities include an exciting game room with TVs, bar, billiards, jukebox and game tables, a nine-seat private theater and six generously sized guest suites allowing owners’ family and friends to enjoy the pleasures of this private resort. The 3rd level pool terrace offers a Zero-edge swimming lap pool & spa with sun shelf, day cabanas and social seating. Fire pit terraces, bocce lawn, Butterfly & chefs garden. The Beach club with a Zero-edge swimming pool with sun shelves and day cabanas, chairs, towel and umbrella service also includes an outdoor pursuits program including kayaking and standup paddle boards. Rosewood’s “Enriched Living” creating experiences that are authentic, original, and deeply personal by offering impeccable service and unparalleled attention to detail. Private enclosed garages included.

Facts & features

The home at a glance

3

Bedrooms

3.5

Bathrooms

4,081

Sqft

0 ac

Lot size

2

Garage

2026

Year built

One

Levels

$1,764

Per sqft

WaterfrontWater view

Inside

FlooringPorcelain Tile · Hardwood
AppliancesBuilt-In Oven · Convection Oven · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Freezer · Ice Maker · Microwave · Refrigerator · Washer · Wine Refrigerator
InteriorCrown Molding · High Ceilings · Open Floorplan · Primary Bedroom Main Floor · Solid Surface Counters · Thermostat · Tray Ceiling(s) · Walk-In Closet(s)
LaundryInside
CoolingCentral Air · Zoned
HeatingCentral

Outside & construction

RoofBuilt-Up
ConstructionBlock
FoundationSlab
ViewWater
FacesEast
ParkingAssigned · Electric Vehicle Charging Station(s) · Garage Door Opener · Guest · Under Building · Valet
ExteriorBalcony · Irrigation System · Outdoor Grill · Outdoor Kitchen · Private Mailbox · Sidewalk · Sliding Doors

Community & fees

Taxes (2022)$0/yr
PetsBreed Restrictions, Number Limit
CommunityWaterfront · Fitness Center · Irrigation-Reclaimed Water · No Truck/RV/Motorcycle Parking · Pool · Sidewalks

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Connected · Electricity Connected · Natural Gas Connected · Phone Available · Sewer Connected · Sprinkler Recycled · Street Lights · Underground Utilities · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$41,711 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$38,851
PMI (est., until 20% equity)$2,700
Property tax — 2022 actual bill$0
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $720,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $720,000
Interest rate6.00%
Loan term

Estimated payment

$48,311/mo

Principal & interest$38,851
PMI (est., until 20% equity)$2,700
Est. property taxes$6,600
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Sarasota actives

$1,764 vs $344

Days on market

586 vs 61 typical

Where $1,764/sqft sits among the 400 Sarasota actives

236
62
33
36
12
21 · this home
$157–425$425–693$693–961$961–1229$1229–1496$1496+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Lido Key

Map of 1000 BENJAMIN FRANKLIN DRIVE UNIT 404 inside its neighborhood boundary

Drive times from this address

Downtown Tampa72 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

Lido Key — neighborhood snapshot

Population

1,257

Median age

68

Median income

$250,001

Median home value

$1,127,100

Avg household

2

Households w/ children

18%

For the school run

Sarasota County School District

ElementarySouthside Elementary School★★★★★
HighBooker High School★★★★★
MiddleBooker Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.6 months of inventoryBuyer’s market

$475K$500K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

159 of 400

Sarasota actives have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 771% above the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

Dec 27, 2024Listed at $7,200,000 · 586 days on market since
2026Built · ROSEWOOD RESIDENCES LIDO KEY

Reality check

What actually sold near 1000 BENJAMIN FRANKLIN DRIVE UNIT 404

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

3916 N SHELL ROADSold · Nov ’25

$3,542,717

3916 N SHELL ROAD

4 bd · 4.5 ba · 4,087 sqft · $867/sqft · 19 DOM

1300 BENJAMIN FRANKLIN DRIVE UNIT 501Sold · Jun ’26

$4,750,000

1300 BENJAMIN FRANKLIN DRIVE UNIT 501

3 bd · 3.5 ba · 4,194 sqft · $1,133/sqft · 28 DOM

1300 BENJAMIN FRANKLIN DRIVE UNIT 701Sold · Jun ’26

$4,708,000

1300 BENJAMIN FRANKLIN DRIVE UNIT 701

3 bd · 3.5 ba · 4,196 sqft · $1,122/sqft · 6 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Tyler Stoddard

Your agent

Tyler Stoddard

REALTOR · CENTURY 21 Edge

Tours, negotiation, and every question about 1000 BENJAMIN FRANKLIN DRIVE UNIT 404 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1000 BENJAMIN FRANKLIN DRIVE UNIT 404 — before you fall in love.

See it in person

Schedule a tour

Live availability from Tyler's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

1000 BENJAMIN FRANKLIN DRIVE UNIT 404 FAQs

What would the monthly payment be for 1000 BENJAMIN FRANKLIN DRIVE UNIT 404?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $41,711/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 1000 BENJAMIN FRANKLIN DRIVE UNIT 404?+

The most recent tax bill on record (2022) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 1000 BENJAMIN FRANKLIN DRIVE UNIT 404?+

The listing reports pets: Breed Restrictions, Number Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $7,200,000, this home is listed about 1152% above the Sarasota median of $574,945. The market section on this page shows how the area is trending.

Which schools are assigned to 1000 BENJAMIN FRANKLIN DRIVE UNIT 404?+

Southside Elementary School (elementary), Booker High School (high), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$7,200,000 runs 771% above the SARASOTA 34236 median — but at 4,081 sqft it's also nearly 2 times the size of the typical Sarasota listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

586 days on market against a Sarasota median of 61 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Southside Elementary School, Booker High School, Booker Middle School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.

Listing courtesy of RONTO REALTY LLC · Van Osborne. MLS #A4631395.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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1000 BENJAMIN FRANKLIN DRIVE UNIT 404, SARASOTA, FL — 3 Bed, 3.5 Bath — $7,200,000 | CENTURY 21 Edge