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800 BENJAMIN FRANKLIN DRIVE UNIT 509

Condo/Co-op Active With Contract
$899,000

BTC: 13.99221790

ETH: 472.50136652

-$100K (2026/07/07)
74 days
2 bds
2 ba
1,150 sqft

Overview

Under contract-accepting backup offers. PRICE REDUCED and ready for its new owner! WELCOME to the Lido Ambassador where a true beachfront residence with a NEW A/C unit becomes your everyday reality. PERFECTLY positioned directly on the sands of Lido Beach, this exceptional offering captures unobstructed, panoramic views of the Gulf of Mexico. There are no angles, no interruptions, just an uninterrupted horizon of turquoise water and unforgettable sunsets. This is coastal living in its purest, most elevated form. THIS two-bedroom, two-bathroom residence is thoughtfully designed, with water views from every room, including the primary suite, guest bedroom, and main living areas. Even from the kitchen, the gentle rhythm of the waves becomes part of your daily experience. Situated on an upper floor, the vantage point enhances both the depth of the Gulf views and the drama of Sarasota’s celebrated sunsets. THE layout offers a seamless canvas, perfectly livable as is, yet equally compelling for a bespoke redesign tailored to your personal vision. For the discerning buyer, it presents a rare opportunity to curate a refined beachfront retreat in one of Sarasota’s most coveted locations. THE community itself has been thoughtfully refreshed, with a newly enhanced poolside environment and updated outdoor spaces designed to feel both inviting and serene. WHILE amenities include a fitness room and meeting space, the true luxury lies just beyond your door with the sand beneath your feet and the sound of the Gulf as your constant backdrop. LOCATION here is effortless. Ideally positioned on Lido Key, you are moments from the charm and sophistication of St. Armands Circle, known for its boutiques, fine dining, and vibrant social scene. Nearby, Ted Sperling Park offers a more natural escape with kayaking and mangrove trails, while the neighboring Lido Beach Resort provides the added luxury of a beachfront dining experience at its iconic tiki bar or fine dining at The Drift Kitchen and Bar. THIS is a place where mornings begin with tranquil walks along the shoreline and evenings are defined by the glow of the setting sun over the Gulf. It is a setting that must be experienced to be fully appreciated—serene, rare, and undeniably captivating. PRIVATE showings are encouraged.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1978
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$782
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$649,000
$237K – $1.0M
Confidence Low
List vs. estimate
$250K above estimate
List $899,000 · +38.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$781
+89.6% vs. city median $412
Based on
197 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,735
2025
Pets
Not allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Balcony

    Other Property Information

    • Parcel Number: 2016141051

    • Zoning: RMF4

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $13,735

  • Source details

    • MLS ID: A4691604

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: Common Area / Same Floor As Condo Unit

    • Direction Faces: East

    • Living Area: 1150

    • Water Source: Public

    • Subdivision Name: LIDO AMBASSADOR

Private inquiry
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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: DOUGLAS ELLIMAN