38-Unit Multifamily
For Sale
Contact for pricing
475 Benjamin Franklin Dr, Sarasota, FL 34236
Condominium community with beach access across the street and an on-site rental office serving participating owners.
Property Size23,132 SF
Lot Size1.04 Acres
Days on Market143
Property Features for 475 Benjamin Franklin Dr
General Information
Standard status
Active
Size
23,132 SF
Lot size
1.04 Acres
Property subtype
Land
Units
Unit Mix
31 x 1BR/1BA, 2 x 2BR/1BA, 2 x 2BR/2BA, 3 x studio
Multifamily Units
38
Additional Details
Asking Price
$25,000,000
Amenities
on-site rental office
Building Details
Year Built
1963
Listing Agency:
Coldwell Banker Commercial Sarasota
Listed By:
Elliot Rose · License #FL
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 7:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Sarasota
Investment Insights
Based on property information with market context.
Lido Dorset is a 38-unit condominium property built in 1963, comprising 23,132 square feet of existing air-conditioned interior space on 1.04 acres. The unit mix includes thirty-one one-bedroom, one-bath residences; two two-bedroom, one-bath residences; two two-bedroom, two-bath residences; and three studios with one bath. Individual units range from 399 to 988 square feet, with an average size of 609 square feet.
An on-site rental office assists owners seeking short-term or long-term renters, while participation in that service remains optional. Beach access is directly across the street, with boating, fishing, kayaking, and the Lido Beach Pavilion nearby. St. Armands Circle provides dining and shopping within a short distance, and downtown Sarasota is accessible across the bay via the Ringling Causeway.
An on-site rental office assists owners seeking short-term or long-term renters, while participation in that service remains optional. Beach access is directly across the street, with boating, fishing, kayaking, and the Lido Beach Pavilion nearby. St. Armands Circle provides dining and shopping within a short distance, and downtown Sarasota is accessible across the bay via the Ringling Causeway.
Key Highlights
- 1.04‑acre Lido Dorset condominium property
- 38 existing units built in 1963
- 23,132 sq ft of total existing A/C interior space
Property Analytics
Property Profile
Current Use
Lease Details
38
Residential units
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Explore this area
Business Placement
Demographics for 34236, FL
14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Condominium community with beach access across the street and an on-site rental office serving participating owners.
Where is this multifamily property located?
The property is located at 475 Benjamin Franklin Dr Sarasota, FL.
What are key features of this property?
This property features: 1.04‑acre Lido Dorset condominium property; 38 existing units built in 1963; 23,132 sq ft of total existing A/C interior space
