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

1beds
1baths
756sqft
$369,900
$489price/sqft
$2,820/moest. monthly cost
$112,800/yrincome needed

About This Home

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!

Getting Around

50
WalkingCar-Dependent
0
TransitNo Nearby Transit
60
BikeBikeable

Schools

10/10
5/10
Booker Middle SchoolGrades 6-85.0 mi
3/10
Booker High SchoolGrades 9-124.3 mi

Construction

Condition

  • Year built: 1974

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Microwave,Range,Refrigerator
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),Chair Rail,Eating Space In Kitchen,Thermostat
  • Flooring: Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 836
  • Total interior livable area: 756 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First

Property

Details

  • Parcel number: 2016113011
  • Zoning: RMF3
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Water,Gulf/Ocean - Partial
  • Has water view: Yes
  • Water view: Water,Gulf/Ocean - Partial

Lot

  • Lot size: 1.21 Acres

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Sarasota County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,870$22,440
Home Insurance *$253$3,036
Property Taxes $500$6,000
Electricity $197$2,366
Total$2,820$33,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,685/yr
40% on housing$84,600/yr
45% on housing$75,200/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$489This listing

vs Other Active Listings

Avg $/sqft

ZIP 34236$1,067
Sarasota County$346

vs Homes Sold Last Month

Median $/sqft

ZIP 34236$896
Sarasota County$245

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Price change$349,900
2026-06-04Listed for sale$369,900

For Sale by Agent

AgentRonald Pepka
BrokerageKW SUNCOAST

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