5 months on rocket

1221 N Palm Ave Unit 305, Sarasota, FL, 34236

$470,000

Home List Price

$5,581*

Closing Credit

1 Bedroom
1 Full Bath
676 SqFt
$695/SqFt
Condo

Location

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1221 N Palm Ave Unit 305, Sarasota$470,000

Buyer Closing Credits

$5,581*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1928
HeatingCentral
CoolingCentral Air
MLS #A4616972
Lot Size0.49 Acres
StatusActive

About 1221 N Palm Ave Unit 305

Enjoy the vibrant pulse of the downtown Sarasota lifestyle in this elegant Spanish Mediterranean designed building ideally located steps away from the waterfront, theaters, fine dining establishments, cultural events, farmers markets, Selby Botanical Gardens, boutique shopping, Bayfront Island Park Marina and more. Step inside this historical building and be captivated by the European flare of the Frances Carlton, with higher ceilings and interesting architecturally designed windows throughout providing an abundance of natural light. This completely UPDATED condo offers a brand-new kitchen featuring high end appliances, a spa like bathroom, and larger custom closets for additional storage space. Recently painted throughout, this condo features new light fixtures, updated plumbing and electric, an in-unit washer and dryer, updated flooring and more. In addition to the spacious primary bedroom, you will find a versatile window filled bonus room with abundant natural light and glancing views of the bay. This coveted retreat can be utilized as a home office, library, and or guest space for visiting family and friends. The historic Frances Carlton is on the National Register of Historic Places built in 1924 and features 20 units, a private heated pool, courtyard and ideally located secure gated parking. Don’t feel like driving? Hop on the free Sarasota Bay Runner Trolley that has a stop right on Palm Ave for a free ride to pristine Lido Beach and St Armands Circle. Even more, this building has passed the state required engineering inspection (the first in Florida to do so) and has fully funded reserves. This condo has historic charm, exquisite architecture, and a downtown location with a vibrant atmosphere that cannot be beat. Schedule your private showing today.

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Stories: 3
  • Living Area: 676 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Mairead Smialek

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Flooring Type: Marble, Wood
  • Interior: Ceiling Fans(s), Crown Molding, Stone Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sidewalk

Virtual/3D Tour

  • Virtual Tour: 1221 N Palm Ave Unit 305
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Lot Features

Lot Information:

  • Lot Size: 0.49 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: FROM 41, GO EAST ON PALM ONE HALF BLOCK

Price Information

Listing Price Info

Price Summary:

  • List Price: $470,000
  • Price Per SqFt: $695/SqFt

HOA Fees:

  • Amount: $1023
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

1221 N Palm Ave Unit 305 vs Sarasota

153 DAYS ON ROCKET

+77 Days

$470,000

-$45.5K Less

$695/SqFt

+$392 More

KEY TAKEAWAY

This property is $45.5K less than the Median Sold Price and $392/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4616972

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Mairead Smialek

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:19:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,476

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-105678
7
/10
  • Bay Haven School of Basics Plus

  • 2901 W Tamiami Cir

  • 1.77 miles

  • Public Magnet Grades KG-5

school-card-donut-105679
7
/10
  • Alta Vista Elementary School

  • 1050 S Euclid Ave

  • 1.83 miles

  • Public District Grades PK-5

school-card-donut-105680
4
/10
  • Emma E. Booker Elementary School

  • 2350 Dr Martin Luther King Way

  • 2.01 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,479. Residents of Sarasota, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1221 N Palm Ave Unit 305

What is the listing price of this property?

The listing price of 1221 N Palm Ave Unit 305 property is $470,000.

What type of property is this?

The property 1221 N Palm Ave Unit 305 is a condo located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 1221 N Palm Ave Unit 305 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1221 N Palm Ave Unit 305 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1221 N Palm Ave Unit 305 is 676 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1221 N Palm Ave Unit 305 is 1928.

Rocket Homes›Florida›Sarasota County›Sarasota›34236›1221 N Palm Ave Unit 305

This home is located at 1221 N Palm Ave Unit 305 in Sarasota, FL and zip code 34236 in the Five Points neighborhood. This 676 square foot home, which was built in 1928, sits on a 0.49 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $470,000.

Sarasota, FL housing market in November 2024 saw over 12 listings sold above listed price, more than 48 sold at listed price and over 237 sold below. The number of listings in Sarasota, FL increased by 9.7% between October 2024 and November 2024. In November 2024 median list price was $515,531 and the average listing age was 76 days.

From Rocket Homes Real Estate and based on county public records data.

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