1100 Benjamin Franklin Dr APT 604, Sarasota, FL, 34236 | 3.44% Rental Yield

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1100 Benjamin Franklin Dr APT 604, Sarasota, FL, 34236 | 3.44% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Sarasota at 1100 Benjamin Franklin Dr APT 604, Sarasota, FL, 34236 listed at $1,495,000 pairs $4,282/mo rent with a $7,317/mo payment. Total monthly income runs $4,282/mo. Return on cash invested measures 6.4% in year one, and rental yield registers 3.44% at a $1,495,000 basis. Equity gained on principal adds $9,647/yr, and annual property appreciation at 5% supports $413,041 by year five. Five-year ROI tracks 30.91% and total cumulative return in cash totals $149,725. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,282/mo property income relative to a $7,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1976

N/A lot

$N/A/sqft

No HOA

More details about the property

Luxurious Gulf-Front Corner Condo with Sweeping Views Lido Surf & Sand. Experience the pinnacle of beachfront living in this rarely available southwest corner residence at Lido Surf & Sand, offering unparalleled panoramic views of the Gulf of Mexico, Lido Beach, and all the way to Siesta Key. Perched on the 6th floor of the coveted gulf-front atrium building, this 2-bedroom, 2-bathroom end-unit boasts 1,456 sq. ft. of elegant interior living space plus an additional 372 sq. ft. of expansive wraparound balconiesperfect for soaking in both sunrise and sunset. One of only four corner units per floor, this light-filled condo features floor-to-ceiling beach views from every main living space, creating a true indoor-outdoor lifestyle. The open-concept layout flows seamlessly from the dining area and spacious great room to the full-width beachfront balconyideal for both intimate evenings or entertaining a crowd. The custom gourmet galley kitchen is thoughtfully designed with beautiful countertops, custom lighted cabinetry, and generous storage, making it both beautiful and functional, new appliances, perfect for entertaining. Enjoy peace of mind with a new water heater (2023), brand new A/C unit, and upgraded hurricane-impact windows, sliders, and front door. Wake up to coffee on your private lanai with endless beach views or wind down with the gentle sounds of the surf in the evening. A newly planned social room will elevate your outdoor living experience even further. Just two blocks from a private nature preserveperfect for peaceful walks or kayakingand moments from St. Armands Circle, where you can explore boutique shopping and exceptional dining. Whether you're seeking a serene retreat or a vibrant coastal lifestyle, this one-of-a-kind residence offers the best of both. Your Lido Key beachfront lifestyle awaits. Schedule your private tour today.