845 BENJAMIN FRANKLIN DRIVE, #402, Sarasota, FL, 34236 | $369,900

Top-Floor Ocean-View Retreat Just Steps From the Beach on Lido Key!
Wake up to the beauty of Lido Key from this top-floor condo with an ocean view at The Presidential. Perfectly positioned directly across from Lido Beach, this 4th-floor, 1-bedroom, 1-bath condo offers the ideal combination of location, comfort and easy coastal living in one of Sarasota’s most iconic beachside destinations. Step inside and you are welcomed by a bright, inviting layout filled with natural light. The open living and dining area creates a comfortable space to relax after a day at the beach, while the ocean view serves as a daily reminder that you are living just steps from the Gulf. Step out onto the balcony and take in the view of the water and beach, the perfect place for morning coffee, an afternoon breeze or a quiet moment at the end of the day. The kitchen offers everyday functionality, whether you are preparing a quiet breakfast before heading to the sand, enjoying lunch between beach and pool time or winding down after an evening on St. Armands. The spacious bedroom provides a peaceful retreat, while the bath is thoughtfully positioned for comfort, convenience and easy everyday living. New windows and a newer A/C add valuable peace of mind in a beachside setting. As a top-floor residence, this condo also offers added privacy, elevated views and no neighbors above you. One of the best parts of this condo is how simple and easy it is to enjoy. The layout is comfortable and manageable, the building is easy to access and the surrounding location makes everyday living feel effortless. Whether you are heading to the beach, the pool, nearby restaurants or downtown Sarasota, everything feels close, convenient and easy to reach. The Presidential is a boutique Lido Key community with a relaxed coastal feel, community pool and unbeatable access to the beach just across the street. Start your morning with a walk along the shoreline, spend the afternoon lounging by the pool or bike over to St. Armands Circle for shopping, dining, coffee, cocktails and live entertainment. Lido Beach, South Lido Park, kayak launches, walking trails and scenic waterfront views are all close by, giving you endless ways to enjoy the outdoors. Beyond the island, downtown Sarasota is just minutes away with its award-winning restaurants, farmers market, marina, theaters, galleries, performing arts venues and year-round cultural events. From beach days and sunset strolls to dinner on the Circle and nights downtown, this location puts the very best of Sarasota living right at your fingertips. Whether you are searching for a full-time residence, seasonal retreat or lock-and-leave beach getaway, this ocean-view condo offers an incredible opportunity to own in a premier Lido Key location. This is more than a condo. It is the Sarasota coastal lifestyle you have been waiting for. Schedule your private showing today!

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 4
  • Amenities: Pool, Storage, Vehicle Restrictions
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: PRESIDENTIAL THE
  • Year Built: 1974
  • Approx Sq. Feet: 756
  • Acreage: 1.21
  • Est. Taxes: $5,657
  • Condo Fee: $1,203 Monthly
  • View: Water
  • Elem. School: Southside Elementary
  • Middle School: Pine View School
  • High School: Sarasota High
  • Pet Policy: Breed Restrictions, Yes
  • Appliances: Microwave, Range, Refrigerator
  • MLS#: A4695523
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/A4695523/845benjaminfranklindrive_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 7/1/2026 10:47:15 AM)
Listing courtesy of KW SUNCOAST   Phone: 941-792-2000

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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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Our Insurance Division:

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845 BENJAMIN FRANKLIN DRIVE, #402, Sarasota, FL, 34236

$369,900

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 $295,920 $295,920 $295,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.230% 6.512% 5.866%
Monthly Tax Payment $471 $471 $471
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,750 $1,846 $2,438
Total Monthly Payment $2,296 $2,392 $2,984

* 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.