Condominium at 800 BENJAMIN FRANKLIN DR #501, SARASOTA
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East Entrance Fob Activated - 800 BENJAMIN FRANKLIN DR #501, SARASOTA
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Lido Beach Resort Next Door - 800 BENJAMIN FRANKLIN DR #501, SARASOTA
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30 photos

$725,000

800 BENJAMIN FRANKLIN DR #501
SARASOTA, FL 34236
Listed by MICHAEL SAUNDERS & COMPANY
Bedrooms
2
Bathrooms
2
Living area
1,150 sqft
Year built
1978

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.

Highlights

Waterfront

Property details

MLS #
MFRA4705448
Property type
Condominium
Subdivision
LIDO AMBASSADOR
Status
Active
Days on market
1
On market date
September 15, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
SOUTHSIDE ELEMENTARY SCHOOL
2.63 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
681
Student:teacher ratio
14.8:1
District
SARASOTA
MiddleCharter
SARASOTA SCHOOL OF ARTS/SCIENCES
2.99 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
752
Student:teacher ratio
18.8:1
District
SARASOTA
High
SARASOTA HIGH SCHOOL
3.15 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,508
Student:teacher ratio
20.1:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

48
Somewhat walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable
Google Places amenity density
34 / 100
Restaurants & cafes5
Grocery stores0
Parks13
Schools0
Transit stops2
Pharmacies0

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 1 days -- 173 fewer days than SARASOTA's current average of 174 days.
For reference, the median list price across 4,439 active listings in SARASOTA right now is $350,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,516/mo
$145,000 down
$580,000 loan
Principal & interest$3,762
Property tax (est.)$604
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 23 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.