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$450,000

845 BENJAMIN FRANKLIN DRIVE UNIT 101, SARASOTA, FL 34236

3D Tour
Active50 days on market

Beds

2

Baths

2

Sq Ft

991 sq ft

Year Built

1974

Lot Size

1.21 acres

Garage

—

About This Property

Welcome to island living on beautiful Lido Key! This charming first-floor, 2-bedroom, 2-bath end-unit condo at The Lido Presidential offers the perfect blend of comfort, convenience, and an unbeatable location just steps from the beautiful sand of Lido Beach. Enjoy deeded beach access, a relaxing pool view, and the ease of first-floor living—all while being just minutes from the shopping, dining, and entertainment of iconic St. Armands Circle. Inside, the residence offers a bright and inviting layout ready to become your own coastal retreat. Spend your mornings walking the beach, afternoons lounging by the community pool, and evenings catching unforgettable Gulf Coast sunsets. Whether you're searching for a full-time residence, seasonal escape, or your own piece of paradise on Lido Key, Unit 101 offers an incredible opportunity to enjoy the Sarasota lifestyle in one of the area's most desirable beach communities. Your Lido Key lifestyle starts here!

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4703033
StatusActive
Year Built1974
Stories1
Total Rooms4
ConstructionStucco
RoofShingle
FoundationSlab
FacesSouth
SubdivisionPRESIDENTIAL THE
CountySarasota
OwnershipCondominium
FurnishedTurnkey

Interior Features

InteriorOpen Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
FlooringCarpet, Luxury Vinyl, Tile, Vinyl
AppliancesCooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
LaundryCommon Area
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorCourtyard, Outdoor Grill, Sidewalk, Sliding Doors
Lot Size1.21 acres (52,549 sq ft)
Road SurfacePaved
0

Utilities

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

Parking

GarageNo

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$450,000
Annual Taxes$6,670 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRMF3
Parcel #2016113001

Directions

From US-41/Tamiami Trail, turn west onto Gulfstream Avenue and continue across the John Ringling Causeway toward St. Armands Key. At St. Armands Circle, continue onto John Ringling Boulevard toward Lido Beach. Turn left onto S Washington Drive, then left onto S Boulevard of the Presidents. Turn right onto Garfield Drive, then left onto Benjamin Franklin Drive. Continue south on Benjamin Franklin Drive to 845 Benjamin Franklin Drive – The Lido Presidential, located across from Lido Beach Resort. Unit 101 is on the first floor; the entrance faces the parking lot on the south side of the building.

Location

845 BENJAMIN FRANKLIN DRIVE UNIT 101, SARASOTA, FL 34236

Listing Information

OfficeREAL BROKER, LLC
ListedAugust 17, 2026

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Home Price

$450,000

20% ($90,000)
6.75%

Loan Term

Principal & Interest$2,335
Property Tax (est.)$413
Insurance (est.)$150
Total Monthly$2,897
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How to Buy This Home

Multiple financing options available for this $450,000 home in SARASOTA.

🏛️

FHA Loan

$15,750 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

$22,500 Down

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

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 19, 2026.

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