Skip to main content

Active - Condominium for sale

800 BENJAMIN FRANKLIN DRIVE UNIT 501, Sarasota, FL

2 bds|2 bth|1,150 sqft

Facts & features

Condominium Property type
71 days on Beycome
1978 Year built
$630 Price/Sqft.

Why you’ll love it

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.

Translating description...

Listings courtesy of MICHAEL SAUNDERS & COMPANY as distributed by MLS GRID.

Listed by: Camille Buck • camillebuck@michaelsaunders.com • MICHAEL SAUNDERS & COMPANY

Co-listed by: MICHAEL SAUNDERS & COMPANY

Source: Stellar MLS as distributed by MLS GRID, MLS#: A4705448 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

Come see by yourself

Affordability

$470,000$980,000
1%20%
0%90%
Discover how to buy smarter Book a call with our buying expert
Estimated monthly payment

$4,037/mo

  • Mortgage$3,666
  • Property tax$371
  • HOA fee
  • Homeowners insurance
Due at closing$576,375
Down payment held in escrow$145,000
Closing costs$10,875
beycome credit Est.$14,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

Save Credit back

Make a winning offer, and get up to

$14,500 Credit back

Start an offer

Discover the neighborhood

Travel times

About Lido Ambassador

Loading area overview…

This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$725,000 Listed price

Make a winning offer, and get up to

$14,500 Credit back

Make an offer