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$499,500

1900 BENJAMIN FRANKLIN DRIVE UNIT V12, SARASOTA, FL 34236

3D Tour
Active315 days on market

Beds

2

Baths

2

Sq Ft

1,242 sq ft

Year Built

1967

Lot Size

0.03 acres

Garage

—

About This Property

One or more photo(s) has been virtually staged. Villa 12 at First Lido is one of Lido Key's true hidden gems — a rare ground-level beachfront villa that delivers the privacy of a single-family home with the ease of maintenance free living. No elevator, no stairs — just step outside and the beach is right there. A private attached carport at your door and in-unit washer and dryer make everyday life effortless — amenities rarely found at this price point on Lido Key. Inside, this bright 2-bedroom, 2-bath villa features a fully updated open floor plan, porcelain tile throughout, brand new appliances and clean contemporary finishes. An enclosed Florida room adds versatile bonus space — den, office, or guest overflow, whatever you need it to be. A gulf-front heated pool with stunning views and direct private beach access complete the picture. Minutes from South Lido Park, St. Armands Circle and downtown Sarasota. Ground level. Beach access. Private carport. In-unit laundry. Lido Key address. This is the one.

Property Overview

Property TypeResidential
Sub TypeVilla
MLS #A4671208
StatusActive
Year Built1967
Stories1
Total Rooms9
ConstructionStucco
RoofBuilt-Up
FoundationSlab
FacesNortheast
SubdivisionLIDO HARBOUR
CountySarasota
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Thermostat
FlooringPorcelain Tile
AppliancesDishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
LaundryElectric Dryer Hookup, Laundry Room, Washer Hookup
WindowsStorm Window(s)
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorLighting, Sidewalk
Lot Size0.03 acres (1,442 sq ft)
Lot FeaturesCoastalConstruction Control Line, Flood Insurance Required, FloodZone, Landscaped
Road SurfacePaved, Gravel
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Public, Sewer Connected, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
HOA Fee$1,217 / Monthly
Senior CommunityNo

Financial Details

List Price$499,500
Original Price$699,000
Annual Taxes$7,227 (2024)
ZoningRMF4
Parcel #2017151012

Schools

ElementarySouthside Elementary
MiddleBooker Middle
HighSarasota High

Directions

Ringling Blvd To St. Armand's Circle To Ben Franklin Dr. Turn Right To 1900 (Near South Lido Park) First Lido, Villa 12.

Location

1900 BENJAMIN FRANKLIN DRIVE UNIT V12, SARASOTA, FL 34236

Listing Information

OfficeMICHAEL SAUNDERS & COMPANY
ListedNovember 25, 2025

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Home Price

$499,500

20% ($99,900)
6.75%

Loan Term

Principal & Interest$2,592
Property Tax (est.)$458
Insurance (est.)$150
Total Monthly$3,200
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $499,500 home in SARASOTA.

🏛️

FHA Loan

$17,483 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$24,975 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: September 12, 2026.

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