Beds
2
Baths
2
Sq Ft
1,150 sq ft
Year Built
1978
Lot Size
—
Garage
—
About This Property
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.
Property Overview
Interior Features
Exterior & Lot
Waterfront
Utilities
Parking
HOA & Community
Financial Details
Schools
Directions
From Benjamin Franklin Drive turn west onto Cleveland Drive. Take the first left into the Lido Ambassador parking lot Guest parking immediately left. Walk down to Cleveland toward beach to main porte-cochere entrance. Listing agent will provide building access.
Location
800 BENJAMIN FRANKLIN DRIVE UNIT 501, SARASOTA, FL 34236
Listing Information
Schedule a Tour
Pick a Day
Preferred Time
Home Price
$725,000
Loan Term
Nearby Schools
How to Buy This Home
Multiple financing options available for this $725,000 home in SARASOTA.
🏛️
FHA Loan
$25,375 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
$36,250 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 16, 2026.