PANORAMIC WATER VIEW OF SARASOTA BAY AND NEWLY RENOVATED! Welcome to Tessera, located on the historic and iconic Palm Avenue in Downtown Sarasota. One of the rare opportunities to experience sky living with a highly sought after full water view of Sarasota Bay, the yachts at Marina Jacks, the John Ringling Causeway Bridge that leads to the barrier islands of St. Armand’s, Lido Key, Longboat Key and breathtaking sunsets daily. This residence has a highly sought after view with a location that is has an eclectic mix of art galleries, one of a kind finds and the vibrance of living in a quaint neighborhood with easy access to anywhere in the downtown area, making this the epitome of luxury living in Sarasota. This 3 bedroom, 2.5 bath plus den and a two-car garage is offered at $3,395,000. This newly renovated condo with semi-private access to its location on level 8 has been perfectly and professional designed all throughout. The grand double doors with detailed panels open to a spacious foyer that immediately showcases a water view. The primary bedroom is privately located and separate from the guest en-suite bedroom. It includes features such as a spacious en-suite sanctuary off the primary bedroom. Offering a vanity area that includes beautiful crystal lighting, a quartz countertop, brushed nickel hardware and a beveled mirror. There are two walk-in closets with built-in shelving, an Ove soaking tub with handheld sprayer, a rain shower head with multiple functions, that also include a massage feature. This en-suite bathroom offers natural light which is not always found in many other condos.The primary bedroom has built-in reading lights, room for a reading chair and access to the terrace to enjoy the sunrise with your favorite cup of coffee. The luxury vinyl light oak flooring throughout creates consistency and flow to the residence. The second bedroom has an en-suite bathroom with accent walls that includes wallpaper that elegantly ties in the finishing color palette. The vanity with granite counter top has plenty of storage, double sconce lighting and overhead recessed lighting. The shower has beautiful floor to ceiling porcelain tile, an ANZZI shower head, sprayer and advanced settings. Access to the outdoors is also available with a private terrace that includes a water view. There is a powder room conveniently located for guests. The vanity has a quartz countertop, VIGO faucet, sconce l lights on the side of the mirror plus an overhead chandelier. A third guest bedroom with double doors could be utilized in a variety of ways. There is also a room that is perfect for a den or library. The living room has a panoramic view of Sarasota Bay. It is the perfect place for entertaining friends and family. The kitchen is designed with the most functionality possible. Since it is semi-open to the great room, it also provides an inviting way to keep prepared meals behind the scenes when entertaining. There is counter seating for two at the island, a dry bar area for pouring and serving your favorite house wine from the Sub-Zero wine tower and a walk-in pantry for storing non-perishable items. The GE oven has multiple functions such as convention and air frying. There is also a stainless-steel Wolf Range that provides optimal ventilation when preparing meals. There is also the added benefit of accessing the terrace from the kitchen as well. MAKE YOUR NEXT MOVE EXCEPTIONAL! Schedule your private showing with Lisa Otte soon.
Property Details
Property Features
Property Information:
Year Built: 2000
Stories: 14
Living Area: 2,830 SqFt
Listing Office:
Office Name: DOUGLAS ELLIMAN
Listing Agent: Lisa Otte
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Cooler
Flooring Type: Ceramic Tile, Luxury Vinyl, Tile
Interior: Crown Molding, Dry Bar, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Directions: From I-75 head west on Fruitville Road. Turn left on Washington Blvd and then right onto Mount Street. Turn right onto S Palm Avenue. Tessera will on your left hand side.
Price Information
Listing Price Info
Price Summary:
List Price: $3,395,000
Price Per SqFt: $1,200/SqFt
HOA Fees:
Amount: $2667
Frequency: Quarterly
Tax Information:
Annual Amount: $22,841
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Sarasota, FL.
This property is $2.8M more than the Median Sold Price and $895/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: #A4623689
Listing Office:
Office Name: DOUGLAS ELLIMAN
Listing Agent: Lisa Otte
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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: 11/14/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 30, 2008
Jan 30, 2008Home Sold
$1,625,000
May 12, 2004
May 12, 2004Home Sold
$1,440,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$22,841
$1,448,700
2019
$23,669
$1,504,400
2018
$22,420
$1,382,500
2017
$23,727
$1,450,300
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Alta Vista Elementary School
1050 S Euclid Ave
Distance between this listing and this school1.40 miles
Public District Grades PK-5
10
/10
Southside Elementary School
1901 Webber St
Distance between this listing and this school1.67 miles
Public District Grades PK-5
4
/10
Tuttle Elementary School
2863 8th St
Distance between this listing and this school1.94 miles
Public District Grades PK-5
Nearby Schools
7
/10
Sarasota School of Arts/Sciences
717 Central Ave
Distance between this listing and this school0.78 miles
Public Charter Grades 6-8
2
/10
Suncoast School for Innovative Studies
845 S School Ave
Distance between this listing and this school1.70 miles
Public Charter Grades PK-8
5
/10
Brookside Middle School
3636 S Shade Ave
Distance between this listing and this school2.33 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Sarasota Military Academy
801 N Orange Ave
Distance between this listing and this school0.87 miles
Public Charter Grades 6-12
4
/10
Sarasota High School
2155 Bahia Vista St
Distance between this listing and this school1.01 miles
Public District Grades 9-12
3
/10
Booker High School
3201 N Orange Ave
Distance between this listing and this school2.41 miles
The neighbors living near this home have an average income of $84,075. Most Sarasota, FL residents have annual incomes between $35k-100k. Most 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 500 S Palm Ave Unit 81
What is the listing price of this property?
The listing price of 500 S Palm Ave Unit 81 property is $3,395,000.
What type of property is this?
The property 500 S Palm Ave Unit 81 is a condo located in Sarasota, Florida, 34236.
Is this property for sale now?
Active Listing: 500 S Palm Ave Unit 81 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 $22,841 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 30, 2008 for $1,625,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 500 S Palm Ave Unit 81 has 3 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 500 S Palm Ave Unit 81 is 2,830 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 500 S Palm Ave Unit 81 is 2000.
Interested in 500 S Palm Ave Unit 81? Let's connect.
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This home is located at 500 S Palm Ave Unit 81 in Sarasota, FL and zip code 34236 in the Downtown Sarasota neighborhood. This 2,830 square foot home was built in 2000. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $3,395,000.
In October 2024, from all listings sold in Sarasota, FL there were more than 13 sold above asking price, over 242 sold below and more than 47 were sold right at the asked price. In October 2024 in Sarasota, FL there were 0.8% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $520,718, while the average time on the real estate market was 62 days.
From Rocket Homes Real Estate and based on county public records data.