941-235-7474

Listing Details for MLS #A4470143
340 S Palm Avenue # 162, Sarasota Fl 34236, Sarasota, Fl

Residential Property - Condominium in Sarasota

SOLD for $3,350,000 on December 1, 2020

Listing Price: $3,750,000Sold Price: $3,350,000Sold Price/List Price: 89%Days on Market: 109

Description of Property

Discover one of the most impressive penthouses in downtown Sarasota and perhaps the entire west coast of Florida. The pinnacle of Sarabande on Palm Avenue, this one-of-a-kind 5,751 square foot residence lives like a home in the sky and boasts an everchanging display of spectacular sunsets. Floor-to-ceiling windows and multiple sprawling terraces combine to create breathtaking views of Downtown Sarasota, Bayfront Park, Marina Jack, the Intracoastal Waterway, John Ringling Causeway, Big Pass, Barrier Islands, the Gulf of Mexico and beyond. A gracious private foyer opens to the sun-flooded living room with direct access to an expansive 53’ terrace creating one amazing living space. The gourmet kitchen, featuring top-of-the-line appliances, is perfectly positioned between the family room and the dining room to create an effortless entertaining area for both formal and informal gatherings. The master suite is an oasis with stunning city views, a large sitting area, two custom organized walk-in closets, and dual bathrooms. There is a complete guest suite, two additional bedrooms with a shared bathroom, two half baths, and an office. The building’s long list of resort-like amenities includes 24-hour concierge service, secured parking, heated 25-meter pool, spa, full fitness center including massage room and sauna, barbeque area, sundeck, conference room, two guest suites, and clubroom with kitchen for private entertaining. All of this in the heart of the vibrant downtown area next to shopping, dining, and all the cultural activities Sarasota has to offer. See Matterport link for 360 view of each room.

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Sarabande
Bedrooms: 4
Bathrooms: 4
Half Baths: 2
Sq. Ft. Gross: 6,697
Sq. Ft. Living Area: 5,751
Cost per (heated) sqare foot: $652
Year built: 1998
Annual Tax: $48,736

Condo Fee: $13,090 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Community Pool
  • Escrow Reserves Fund
  • Fidelity Bond
  • Maintenance Structure
  • Maintenance Grounds
  • Maintenance Repairs
  • Manager
  • Security
  • Sewer
  • Trash
  • Water

Interior Features:

  • Built in Features
  • Ceiling Fans(s)
  • High Ceiling(s)
  • Open Floorplan
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Tray Ceiling(s)
  • Walk-In Closet(s)
  • Wet Bar
  • Window Treatments

Appliances:

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Exhaust Fan
  • Refrigerator
  • Washer

Window Features: Drapes

Additional Rooms:

  • Breakfast Room Separate
  • Den/Library/Office
  • Family Room
  • Formal Dining Room Separate
  • Formal Living Room Separate
  • Inside Utility
  • Storage Rooms

Flooring:

  • Carpet
  • Ceramic Tile
  • Marble

Laundry Features: Inside, Laundry Room

Schools

Elementary School: Southside Elementary
Middle/Junior High School: Booker Middle
High School: Sarasota High

Pool & Waterfront Info

Private Pool: Not specified

Pool Features:

  • Gunite
  • In Ground
  • Lap
  • Lighting

Spa Features: Heated, In Ground

Exterior & Construction

Architectural Style: Custom
Construction: Block, Stucco
Foundation: Slab
Roof: Membrane
Exterior Features: Balcony, Sliding Doors
Garage: Yes
Garage Spaces: 2

Parking Features:
  • Assigned
  • Covered
  • Garage Door Opener
  • Guest
  • Under Building

Floors Total: 16
Floors in Unit: One
Cooling: Central Air, Zoned

Heating & Fuel:
  • Central
  • Electric
  • Zoned

Electric:

Patio & Porch Features:

  • Patio
  • Rear Porch
  • Side Porch

Security Features:

  • Fire Sprinkler System
  • Security System Owned
  • Smoke Detector(s)

Other Structures: Storage

View:

  • City
  • Pool
  • Water

Fencing:

Utilities:

  • Cable Connected
  • Electricity Connected
  • Phone Available
  • Public
  • Sewer Connected
  • Street Lights
  • Water Connected

Sewer: Public Sewer
Water Source: Public

Community Features:

  • Association Recreation - Owned
  • Buyer Approval Required
  • Deed Restrictions
  • Fitness
  • Pool

Association Amenities:

  • Clubhouse
  • Elevator(s)
  • Fitness Center
  • Pool
  • Sauna
  • Security
  • Storage
  • Wheelchair Access

Lot Information

Lot Features: City Lot
Front Exposure: West

Legal Description & Other Information

Financing Available: Cash, Conventional
Parcel Number: 2027114056
Zoning: DTB
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT 162 SARABANDE

 

Listing courtesy of PREMIER SOTHEBYS INTL REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Your Suncoasteam: Southwest Florida Real Estate Specialists
Suncoasteam logo is a trademark of Avalon Suncoast, LLC • Log inEdit Profile
Copyright © 2002-2025 Suncoasteam Realty, LLC. All rights reserved.

Suncoasteam Realty, LLC
Main Office: 21202 Olean Blvd Unit C-3, Port Charlotte, FL 33952
Mailing Address: PO Box 380503, Port Charlotte, FL 33938
Phone: 941-235-7474
Email: sales@avalonsuncoast.com



https://suncoasteam.com/details?MLNum=A4470143