1 month on rocket

340 S Palm Ave Unit 11, Sarasota, FL, 34236

$1,799,900

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
2,075 SqFt
$867/SqFt
Condo

Location

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340 S Palm Ave Unit 11, Sarasota$1,799,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage2 spaces
Year Built1998
HeatingElectric
CoolingCentral Air
WaterfrontBay
MLS #O6256704
StatusActive

About 340 S Palm Ave Unit 11

Discover the pinnacle of waterfront luxury living in this exquisite corner unit on esteemed Palm Avenue, nestled along the shimmering Sarasota Bay. This meticulously designed 2-bedroom, 2-bathroom condo, with an additional den, offers 2,075 square feet of refined living space featuring hardwood floors throughout. The top-of-the-line kitchen is a chef’s dream, equipped with premium Jenn-Air and Bosch appliances, ideal for both everyday cooking and entertaining. The expansive master suite is a private sanctuary, with floor-to-ceiling windows framing stunning city views, allowing you to wake up to Sarasota’s natural beauty each day. It includes a sprawling 600-square-foot layout, an oversized custom walk-in closet, and convenient electric window shades for effortless light control. Step out onto the spacious balcony to experience daily sunsets over the bay and enjoy a front-row seat to Fourth of July fireworks, creating memorable experiences right from your home. This luxurious condo provides an unparalleled lifestyle with two secure parking spots, two storage lockers, and exclusive access to two pools, including a heated lap pool. Pamper yourself and your pets with a pet-friendly atmosphere and entertain guests in style with available guest suites. The complete fitness center offers state-of-the-art equipment for an active lifestyle. Located just a short walk away from Sarasota's finest dining, upscale shopping, art galleries, and theaters, this condo epitomizes elegance, convenience, and waterfront living at its best. Embrace the Sarasota Bay lifestyle—where luxury meets convenience on Palm Avenue.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 16
  • Living Area: 2,075 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS ELITE REALTY
  • Office Phone: (239) 949-8338
  • Listing Agent: Donna Mason, PA

Interior Features

Interior Information:

  • Appliances: Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Hardwood, Tile
  • Interior: Built-in Features, Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay
  • Exterior: Balcony, Sidewalk, Sliding Doors, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,900
  • Price Per SqFt: $867/SqFt

HOA Fees:

  • Amount: $2096
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $293
  • Tax Year: 2020
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Housing Market Comparison

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

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Sarasota, FL

City

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

340 S Palm Ave Unit 11 vs Sarasota

33 DAYS ON ROCKET

-43 Days

$1,799,900

+$1.2M More

$867/SqFt

+$564 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $564/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: #O6256704

Listing Office:

  • Office Name: KELLER WILLIAMS ELITE REALTY
  • Office Phone: (239) 949-8338
  • Listing Agent: Donna Mason, PA

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, 9:19:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 18, 2021Home Sold
$1,400,000
May 26, 2017Home Sold
$875,000

Tax History

YEARPROP. TAXASSESSMENT
2020$293$830,090
2019$287$811,427
2018$284$796,297
2017$17,245$1,053,300

History based on county public records data.

Payment Calculator

$9,749

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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-4473273
7
/10

  • Alta Vista Elementary School

  • 1050 S Euclid Ave

  • 1.48 miles

  • Public District Grades PK-5

school-card-donut-4473274
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 1.77 miles

  • Public District Grades PK-5

school-card-donut-4473275
4
/10

  • Tuttle Elementary School

  • 2863 8th St

  • 1.95 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,075. Residents of Sarasota, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 340 S Palm Ave Unit 11

What is the listing price of this property?

The listing price of 340 S Palm Ave Unit 11 property is $1,799,900.

What type of property is this?

The property 340 S Palm Ave Unit 11 is a condo located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 340 S Palm Ave Unit 11 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $293 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 18, 2021 for $1,400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 340 S Palm Ave Unit 11 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 340 S Palm Ave Unit 11 is 2,075 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 340 S Palm Ave Unit 11 is 1998.

Rocket Homes›Florida›Sarasota County›Sarasota›34236›340 S Palm Ave Unit 11

This home is located at 340 S Palm Ave Unit 11 in Sarasota, FL and zip code 34236 in the Downtown Sarasota neighborhood. This 2,075 square foot home was built in 1998. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,799,900.

In November 2024, from all listings sold in Sarasota, FL there were more than 12 sold above asking price, over 237 sold below and more than 48 were sold right at the asked price. The inventory of homes for sale in Sarasota, FL between October 2024 and November 2024 increased by 9.7%. Listings spent 76 days on the market in November 2024, and had a median list price of $515,531 during the same period.

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

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