845 BENJAMIN FRANKLIN DRIVE, #106, Sarasota, FL, 34236 | $649,000

This Lido Key beach home packs a lot of punch.
This beautifully updated 1st floor unit in The Presidential is turnkey furnished and ready for you to start enjoying amazing sunsets and tranquil walks on the beach. The location couldn’t be better. Just outside your private, fenced patio you are steps from the Public Beach Access next to Lido Beach Resort. Frolic on sand or in the warm Gulf waters, then grab a bite at the Lido Resort's beachside Tiki Bar. Enough beach time? Head back to your Island retreat to relax by the community pool or spread out on your private patio. Just outside your front door you’ll find the community grill. Inside, this two-bedroom/two-bath condo is filled with wonderful delights. A new kitchen with updated custom cabinetry, granite countertops, all new appliances including: Bosch Refrigerator and built in microwave drawer. The flooring throughout the home is 20” porcelain tile. Both bathrooms have been updated. There are all new interior doors with glass knobs, 5” baseboards, and premium closet shelving in all rooms. Explore Lido Key’s Beach Pavilion, kayak the mangrove tunnels at Lido Key Park. Visit Ted Sperling Park at South Lido Key Beach and admire the views of Big Pass, which separates Lido Key from Siesta Key. Enjoy dinner at the top of the Lido Beach Resort just across the street or leave your car at home and take the Bay Runner Trolley St. Armands Circle to enjoy great food, shopping and entertainment. Stay on the Trolley and head to downtown Sarasota for the theater or opera. However you choose to spend your time you have the perfect place to call home.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 4
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Outside, Same Floor As Condo Unit
  • Complex: PRESIDENTIAL THE
  • Year Built: 1974
  • Approx Sq. Feet: 991
  • Acreage: 1.21
  • Est. Taxes: $6,932
  • Condo Fee: $1,173 Monthly
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • MLS#: A4648705
  • Days on Market: 28 days
  • Website: https://www.raveis.com
    /prop/A4648705/845benjaminfranklindrive_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 5/12/2025 1:26:25 AM)
Listing courtesy of Coldwell Banker Realty   Phone: 941-349-4411

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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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845 BENJAMIN FRANKLIN DRIVE, #106, Sarasota, FL, 34236

$649,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $519,200 $519,200 $519,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.132%
Monthly Tax Payment $578 $578 $578
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,282 $3,411 $4,346
Total Monthly Payment $3,952 $4,081 $5,016

* 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.