800 Benjamin Franklin DRIVE, #602, Sarasota, FL, 34236 | $899,000

Move-in ready and furnished, this beachfront residence on Lido Key is a coastal treat offering an unparalleled location and inviting charm. Perfectly situated within walking or biking distance to Sarasota’s vibrant attractions, you’ll enjoy proximity to Lido Beach Resort, the upscale shops and dining at St. Armands Circle, and the scenic beauty of Longboat Key to the north. Travel south to experience the cultural vibrancy of downtown Sarasota, the Bayfront, and renowned arts and entertainment venues. Thoughtful updates enhance the two-bedroom, open-concept layout, creating a bright and inviting atmosphere. Oversized tile flooring and newer impact windows and sliders ensure durability while complementing the sunny ambiance. The granite kitchen seamlessly connects to the living and dining areas, making it perfect for entertaining. Just off the great room, a screened balcony offers glimpses of Lido Beach and breathtaking Gulf sunsets, providing a tranquil outdoor retreat. The split-bedroom plan maximizes privacy, with two spacious bedroom suites featuring wood flooring. The primary suite includes a walk-in closet with custom built-ins, adding convenience to the retreat-like atmosphere. Additional features include a private storage unit, covered parking, and space to add a washer and dryer for added functionality. This charming community, comprising just 75 residences, is a well-maintained haven located directly on the pristine shores of Lido Beach. Residents enjoy an array of amenities, including a game room, catering kitchen, fitness center, shuffleboard, and a Gulf-front deck with a heated swimming pool. With its prime location, lovely updates, and access to both recreational and cultural activities, this beachfront gem is the ideal setting for enjoying the best of Lido Key living.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Cable TV, Elevator(s), Laundry, Maintenance, Pool, Recreation Facilities, Shuffleboard Court, Vehicle Restrictions
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Same Floor As Condo Unit
  • Complex: LIDO AMBASSADOR
  • Year Built: 1978
  • Approx Sq. Feet: 1,150
  • Acreage: 2.85
  • Est. Taxes: $9,918
  • Condo Fee: $3,778 Quarterly
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, Landscaped
  • View: Water
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4635905
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4635905/800benjaminfranklindrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/26/2025 12:49:29 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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800 Benjamin Franklin DRIVE, #602, Sarasota, FL, 34236

$899,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.148% 6.760% 6.806%
Monthly Tax Payment $827 $827 $827
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,725 $4,605 $6,315
Total Monthly Payment $5,643 $5,523 $7,233

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.