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800 BENJAMIN FRANKLIN DRIVE UNIT 501

Condo/Co-op For Sale
$725,000

BTC: 9.62623647

ETH: 290.00000000

6 days
Waterfront
2 bds
2 ba
1,150 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Guest / Reserved
Year Built:
1978
Lot:
No Data
Heating:
Central
Price/sqft:
$630
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$650,000
$239K – $1.0M
Confidence Low
List vs. estimate
$75K above estimate
List $725,000 · +11.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$630
+66.8% vs. city median $377
Based on
201 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,452
2025
Pool
In Ground
View
Water
Waterfront
Gulf/Ocean Front, Waterfront
Furnished
Furnished
Pets
Not allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Split Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Guest

    • Reserved

    Property

    • Levels: One

    • Exterior Features: Balcony / Sliding Doors / Storage

    Other Property Information

    • Parcel Number: 2016141043

    • Zoning: RMF4

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $4,452

  • Source details

    • MLS ID: A4705448

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: Common Area

    • Patio And Porch Features: Covered

    • Pool Features: In Ground

    • Direction Faces: East

    • Waterfront: Yes

    • Water Body Name: GULF OF MEXICO

    • Living Area: 1150

    • Water Source: Public

    • Subdivision Name: LIDO AMBASSADOR

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MICHAEL SAUNDERS & COMPANY