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$725,000

Active

800 Benjamin Franklin Dr #501, Sarasota, FL 34236

2 beds · 2 baths · 1,150 sq ft

Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4705448

43 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

An exceptional opportunity to own directly on Lido Beach at a price point rarely associated with a water-view residence in this coveted island location. Lido Ambassador puts the Gulf of Mexico at your doorstep, with resort amenities next door, St. Armands Circle nearby and the island trolley just steps away—making it easy to enjoy the best of Sarasota’s beach lifestyle. Located on the southwest corner of the building, #501 enjoys beach views from the south-facing windows and balcony, along with a peek-a-boo view toward Big Pass. Additional windows in the primary bedroom welcome natural light and morning sun. Inside, consistent tile flooring creates an easy flow throughout, while the split-bedroom floor plan provides privacy for owners and guests. The layout also offers the option to add an in-unit washer and dryer. Lido Ambassador is a secure Gulf-front building with assigned parking and a distinctive position as the first beachfront condominium on Lido Key, immediately south of the Lido Beach Resort. Spend the morning on the sand, walk or trolley to St. Armands Circle for lunch, then come home to your own place on Lido Key. For buyers looking for water views, an exceptional location and compelling value, #501 deserves a closer look.

Facts

Property type
Condominium
Year built
1978
Bathrooms
2 full
Living area
1,150 sqft
Waterfront
Yes · 150 ft
Water access
Beach, Gulf/Ocean
Water view
Yes
Private pool
No
Exposure
East
Furnished
Furnished
Flood zone
AE
CDD
No
55+ community
No
Annual taxes
$4,452/yr
Monthly fees
$1,132/mo
Listed
Sep 4, 2026
MLS #
A4705448

Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting figures for 800 BENJAMIN FRANKLIN DR #501. Everything below is editable.

AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.

From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.

Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.

Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.

From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.

AssumptionNot applied — your down payment is 20% or more.

Estimated total monthly payment

$5,773

$3,666 of that is principal & interest. 36% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$3,666
Property taxes
$371
Homeowners insurance
$604
Flood insurance
$0
HOA / condo fees
$1,132
Mortgage insurance (PMI)
$0
Total per month
$5,773

Over the life of the loan

Loan amount
$580,000
Down payment
$145,000
Total interest
$739,758
Principal + interest paid
$1,319,758
Paid off in
2056

Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.

Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.

Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

800 Benjamin Franklin Dr #501, Sarasota, FL 34236

Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4705448 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this home is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

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Similar homes

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:57 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]