ParkingAssigned, Covered, Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Ground Level, Guest, Portico
Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air
ViewCity
Private PoolYes
MLS #A4614624
Lot Size0.56 Acres
StatusActive
About 625 S Palm Ave Unit 3C
Pre-Construction. To be built. Discover downtown Sarasota luxury condominiums at The Palm 625 Sarasota. For those who crave the vibrant heartbeat of city life, The Palm awaits your arrival. Be immersed in exhilaration of downtown Sarasota, with world-class dining, entertainment and culture just moments from your doorstep. Indulge in an array of amenities designed to enrich your daily life. From our state-of-the-art fitness center to the sun-drenched pool deck, every corner of The Palm radiates vitality, and every amenity is crafted to perfection. Each residence at The Palm is a masterpiece of design and comfort, offering the perfect retreat in the heart of downtown Sarasota. Explore the spacious layouts, high-end finishes and seamless blend of indoor and outdoor living. Your new oasis awaits. Situated at the very heart of Sarasota, our prime address ensures you’re always in the center of the action. Immerse yourself in the art, culinary delights, and retail therapy that define the Sarasota experience.
Directions: New construction. Breaking ground in July 2024. Completion late 2025/early 2026. Bring your buyers to our showroom for a multi-media presentation: 100 N. Tamiami Trail.
Price Information
Listing Price Info
Price Summary:
List Price: $4,417,875
Price Per SqFt: $1,575/SqFt
HOA Fees:
Amount: $3000
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sarasota, FL.
This property is $3.9M more than the Median Sold Price and $1.2K/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: #A4614624
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (941) 366-8070
Listing Agent: Gina Mazzoni
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.
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, 11:19:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$25.1K
Per Month
Principal & Interest
$22K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$3,000
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$13.3K
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 school1.35 miles
Public District Grades PK-5
10
/10
Southside Elementary School
1901 Webber St
Distance between this listing and this school1.59 miles
Public District Grades PK-5
4
/10
Tuttle Elementary School
2863 8th St
Distance between this listing and this school1.95 miles
Public District Grades PK-5
Nearby Schools
7
/10
Sarasota School of Arts/Sciences
717 Central Ave
Distance between this listing and this school0.86 miles
Public Charter Grades 6-8
2
/10
Suncoast School for Innovative Studies
845 S School Ave
Distance between this listing and this school1.64 miles
Public Charter Grades PK-8
5
/10
Brookside Middle School
3636 S Shade Ave
Distance between this listing and this school2.25 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Sarasota Military Academy
801 N Orange Ave
Distance between this listing and this school0.95 miles
Public Charter Grades 6-12
4
/10
Sarasota High School
2155 Bahia Vista St
Distance between this listing and this school0.95 miles
Public District Grades 9-12
3
/10
Booker High School
3201 N Orange Ave
Distance between this listing and this school2.49 miles
The neighbors living near this home have an average income of $84,075. The most common annual income of people living in Sarasota, FL is 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 625 S Palm Ave Unit 3C
What is the listing price of this property?
The listing price of 625 S Palm Ave Unit 3C property is $4,417,875.
What type of property is this?
The property 625 S Palm Ave Unit 3C is a condo located in Sarasota, Florida, 34236.
Is this property for sale now?
Active Listing: 625 S Palm Ave Unit 3C is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 625 S Palm Ave Unit 3C has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 625 S Palm Ave Unit 3C is 2,805 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 625 S Palm Ave Unit 3C is 2024.
Interested in 625 S Palm Ave Unit 3C? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 625 S Palm Ave Unit 3C in Sarasota, FL and zip code 34236 in the Downtown Sarasota neighborhood. This 2,805 square foot home, which was built in 2024, sits on a 0.56 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $4,417,875.
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. In November 2024 in Sarasota, FL there were 9.7% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $515,531, while the average time on the real estate market was 76 days.
From Rocket Homes Real Estate and based on county public records data.