941-235-7474

Listing Details for MLS #A4423793
500 S Palm Avenue # 52, Sarasota Fl 34236, Sarasota, Fl

Residential Property - Condominium in Sarasota

SOLD for $1,750,000 on March 31, 2020

Listing Price: $1,995,000Sold Price: $1,750,000Sold Price/List Price: 88%
Sold Price/Original List Price: 76.09%Days on Market: 375

Description of Property

Tessera is a luxury boutique building in downtown Sarasota that is home to this residence in a private garden setting of shady oak trees, with bay views, situated on serene Palm Avenue, steps from Main Street, the charming Burns Court district and Selby Gardens offering a wide variety of fine and casual dining, shopping, entertainment and waterfront activities. The residence provides enchanting views of the bay, marina and beautiful sunsets and has exquisite interior elegance with the warmth of a single-family home and all the amenities expected of a luxury condominium lifestyle. This fabulous residence features tall 9' 9" ceilings with crown moldings, an open floor plan, three bedrooms, den, eat-in kitchen and an expansive wrap-around terraces to enjoy outdoor living. The master suite has floor to ceiling windows, his and hers walk-in closets, spacious his and her marble baths and vanities with a private water closet. Owners have installed a reverse osmosis water filtration system and the residence has a intercon sound system throughout. There are only two residences per floor and only 24 total residences in the building, an oversized private two-car garage, storm shutters on western facing windows and the building is pet friendly with no weight limit. Amenities include a 60-foot pool with sun deck and adjacent whirlpool spa, barbecue area, two-story fitness center with steam room and dressing lounges, bicycle storage and an onsite staff person. Building reserves are fully funded with the quarterly fees.The average asking price for a 3 bedroom/4 bath condominium in this Zip code is $4,377,500. This condominium is listed at about 46% of the average asking price. This is the only 3 bedroom/4 bath condominium between $1,600,000 and $2,200,000 currently listed for sale in this Zip code.

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Tessera
Bedrooms: 3
Bathrooms: 4
Half Baths: 1
Sq. Ft. Gross: 3,930
Sq. Ft. Living Area: 3,315
Cost per (heated) sqare foot: $602
Year built: 2000
Annual Tax: $18,431

Condo Fee: $5,600 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Escrow Reserves Fund
  • Insurance
  • Manager
  • Pool Maintenance
  • Recreational Facilities
  • Trash
  • Water

Interior Features:

  • Crown Molding
  • Eating Space In Kitchen
  • High Ceiling(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Walk-In Closet(s)
  • Window Treatments

Appliances:

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

Accessibility Features:

Window Features:

Additional Rooms: Den/Library/Office, Inside Utility

Ceiling Type:

Flooring:

  • Carpet
  • Ceramic Tile
  • Hardwood

Laundry Features: Laundry Room

Pool & Waterfront Info

Private Pool: Not specified
Pool Features:
Spa Features: Heated
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View: Bay/Harbor - Full, Intracoastal Waterway

Water Extras:

Exterior & Construction

Architectural Style:
Construction: Block, Stucco
Foundation: Slab
Roof: Membrane

Exterior Features:
  • Balcony
  • Hurricane Shutters
  • Sliding Doors

Garage: Yes
Garage Spaces: 2

Parking Features:
  • Assigned
  • Oversized
  • Under Building

Floors Total: 12
Floors in Unit: One
Cooling: Central Air, Zoned
Heating & Fuel: Central, Zoned
Electric:
Patio & Porch Features: Covered, Wrap Around
Security Features: Secured Garage/Parking
Other Structures:
View: City, Water
Fencing:

Utilities:

  • BB/HS Internet Available
  • Cable Connected
  • Electricity Connected
  • Public

Sewer: Public Sewer
Water Source: Public

Community Features:

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

Association Amenities: Elevator(s), Fitness Center

Lot Information

Lot Features:
Front Exposure: West
Adjoining Property:
Current Adjacent Use:

Legal Description & Other Information

Financing Available: Cash, Conventional
Parcel Number: 2027145010
Zoning: DTB
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT 52 TESSERA

 

Listing courtesy of MICHAEL SAUNDERS & COMPANY. 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.

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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



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