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About this home
800 Benjamin Franklin Dr #501 is a 1978-built home in Lido Ambassador, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,150 square feet of living space. Listed at $725,000 (about $630/sqft), 38 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $1,132 monthly.
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.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$725,000
$630 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,150 sq ft
Time on market
38 days
Year built
1978
Monthly payment
About $5,647/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,452 annual tax bill, insurance, and $1,132/mo in condo dues.
Condo dues
$1,132/mo
Managed by Ray Andrusiak.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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