1 month on rocket

500 S Palm Ave Unit 81, Sarasota, FL, 34236

$3,395,000

3 Bedrooms
2 Full Baths, 1 Partial
2,830 SqFt
$1,200/SqFt
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
Attached Garage2 spaces
Year Built2000
HeatingElectric
CoolingCentral Air
ViewWater
Private PoolYes
MLS #A4623689
StatusActive

About 500 S Palm Ave Unit 81

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

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Water
  • Exterior: Hurricane Shutters, Lighting, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 500 S Palm Ave Unit 81
Virtual Tour

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • 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.

Med. Sold Price

$520.7K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

302

500 S Palm Ave Unit 81 vs Sarasota

58 DAYS ON ROCKET

-4 Days

$3,395,000

+$2.8M More

$1,200/SqFt

+$895 More

KEY TAKEAWAY

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

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: 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

Jan 30, 2008Home Sold
$1,625,000
May 12, 2004Home Sold
$1,440,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$17.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.2K

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-238593
7
/10
  • Alta Vista Elementary School

  • 1050 S Euclid Ave

  • 1.40 miles

  • Public District Grades PK-5

school-card-donut-238594
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 1.67 miles

  • Public District Grades PK-5

school-card-donut-238595
4
/10
  • Tuttle Elementary School

  • 2863 8th St

  • 1.94 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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.
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Rocket Homes›Florida›Sarasota County›Sarasota›34236›500 S Palm Ave Unit 81

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.

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