Sold in 61 Days

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

Closed On : Wed Dec 04 2024

$2,925,000

red-arrow-pointing-down$270K Below Asking

List Price : $3,195,000
3 Bedrooms
2 Full Baths, 1 Partial
2,830 SqFt
Condo

Location

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Comparable Homes

Price Details

Housing Market Comparison

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

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Sarasota, FL

City

Med. Sold Price

$513.6K

Med. Price/SqFt

$301

Avg. Days On Market

62

# of Sold Homes

401

500 S Palm Ave Unit 81 vs Sarasota

119 DAYS ON ROCKET

+57 Days

$2,925,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price in Sarasota, FL.

Based on homes sold in the last 12 months

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 2025 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: 1/14/2025, 10:49:51 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

$16.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,645

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-2457033
7
/10

  • Alta Vista Elementary School

  • 1050 S Euclid Ave

  • 1.40 miles

  • Public District Grades PK-5

school-card-donut-2457034
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 1.67 miles

  • Public District Grades PK-5

school-card-donut-2457035
4
/10

  • Tuttle Elementary School

  • 2863 8th St

  • 1.94 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. The majority of Sarasota, FL residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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

While more than 18 listings in Sarasota, FL in December 2024 were sold above asking price, there were more than 76 listings sold at asking price, and more than 307 were sold below. The number of listings in Sarasota, FL increased by 8.9% between November 2024 and December 2024. The median list price of listings available in December 2024 was $513,637, 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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