Listing Details for MLS #A4424470
500 S Palm Ave #22, Sarasota, Fl

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Residential Property - Condominium in Sarasota

Listing Price: $2,125,000 (Sale Pending) (Mortgage Calculator →)Days on Market: 54

Description of Property

LUXURY BOUTIQUE BUILDING IN THE HEART OF DOWNTOWN! Enchanting views of the bay, marina and our colorful sunsets are a coveted highlight! Amazing interior elegance with the warmth of a single family home yet all the amenities enjoyed with a condominium lifestyle. Recently updated and wonderfully decorated using exquisite yet neutral finishes, this unit offers a 3,315 square foot open floor plan plus 615 square feet of spacious wrap-around terrace. Deluxe master suite with his and hers baths and walk-in closets. Gourmet kitchen with new appliances is so complete and well planned it is an inspiration to any cook! Custom designed cabinets with granite counters tops, large bar, prep island, and separate breakfast area. Dramatic foyer entry, volume ceilings, gorgeous stone and hard wood floors, home office with beautiful designer solid wood cabinetry, separate dining room, cozy den with adjoining wine room, and generous en-suite guest room. Two new A/C units, solid wood doors throughout, electric blinds on all windows/doors and fresh paint in every room! Secure parking with 2 dedicated garages, fitness center, heated pool with lap feature, sauna/spa and on-site maintenance. Located across the street from the Marina, minutes to theatres, fine dining, Selby Botanical Gardens, library, art galleries, Sarasota Opera and downtown shopping. Pet friendly building. ELEGANCE, STYLE AND COMFORT. A complete list of improvements available.The average asking price for a 3 bedroom/4 bath condominium in this Zip code is $2,682,800. This condominium is listed at about 79% of the average asking price. There are 2 3 bedroom/4 bath homes between $1,800,000 and $2,400,000 currently listed for sale in this Zip code. See other listings like this one »

Tessera on Palm Ave with views of Sarasota Bay and the marina. - MLS #A4424470 - SARASOTA
Front exposure - MLS #A4424470 - SARASOTA
MLS #A4424470 - SARASOTA
Secure lobby entrance. - MLS #A4424470 - SARASOTA
Secure lobby entrance. - MLS #A4424470 - SARASOTA
Foyer entrance to your new home. - MLS #A4424470 - SARASOTA
Living room with views of Sarasota Bay! - MLS #A4424470 - SARASOTA
Living Room and Dining Room combo. - MLS #A4424470 - SARASOTA
Dining Room and Living Room combo. - MLS #A4424470 - SARASOTA
Open concept with Dining Room and Living Room combo. - MLS #A4424470 - SARASOTA
Renovated kitchen with new cabinets, new counter tops, new backsplash, and new appliances. - MLS #A4424470 - SARASOTA
Renovated kitchen with new cabinets, new counter tops, new backsplash, and new appliances. - MLS #A4424470 - SARASOTA
Renovated kitchen with new cabinets, new counter tops, new backsplash, and new appliances. - MLS #A4424470 - SARASOTA
Renovated kitchen with new cabinets, new counter tops, new backsplash, and new appliances. Complete with eat-in kitchen. - MLS #A4424470 - SARASOTA
Eat-in Kitchen - MLS #A4424470 - SARASOTA
Eat-in Kitchen - MLS #A4424470 - SARASOTA
Expansive Master Bedroom Suite with access to the outdoor terrace. - MLS #A4424470 - SARASOTA
MLS #A4424470 - SARASOTA
His and Her Master Bathrooms. - MLS #A4424470 - SARASOTA
His and Her Master Bathroom with separate tub and showers. - MLS #A4424470 - SARASOTA
One of two walk in closets in the Master Bedroom. - MLS #A4424470 - SARASOTA
Ensuite guest bedroom with walk-in closet. - MLS #A4424470 - SARASOTA
Guest bedroom ensuite bath. - MLS #A4424470 - SARASOTA
Ensuite Guest Bedroom currently being used as an office. - MLS #A4424470 - SARASOTA
Guest bedroom, currently being used as an office, ensuite bath. - MLS #A4424470 - SARASOTA
Den/Media room. - MLS #A4424470 - SARASOTA
Den/Media Room - MLS #A4424470 - SARASOTA
Built-in wine refrigerator of the den/media room. - MLS #A4424470 - SARASOTA
Renovated powder bath. - MLS #A4424470 - SARASOTA
Outdoor covered terrace with views of Sarasota Bay and the Marina. - MLS #A4424470 - SARASOTA
Outdoor covered terrace with views of Sarasota Bay and the Marina. - MLS #A4424470 - SARASOTA
Community Fitness Center - MLS #A4424470 - SARASOTA
MLS #A4424470 - SARASOTA
Large community lap pool that wraps around the building. - MLS #A4424470 - SARASOTA
Large community pool with spa and plenty of outdoor seating and a grill for cooking. - MLS #A4424470 - SARASOTA
MLS #A4424470 - SARASOTA

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Tessera / Tessera
Bedrooms: 3
Bathrooms: 4
Half Baths: 1
Sq. Ft. Gross: 3,930
Sq. Ft. Living Area: 3,315
Cost per (heated) sqare foot: $641
Year built: 2000
Annual Tax: $13,161
Homestead: Yes. This property has homestead exemption. Property tax will be adjusted to reflect market value upon sale of the property.
HOA Fee: $5,600 Quarterly
Association Fee Requirement: Required
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Cable TV
  • Community Pool
  • Escrow Reserves Fund
  • Fidelity Bond
  • Insurance
  • Maintenance Exterior
  • Maintenance Grounds
  • Maintenance Repairs
  • Manager
  • Pest Control
  • Recreational Facilities
  • Security
  • Sewer
  • Trash
  • Water

Interior Features:

  • Built in Features
  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Crown Molding
  • High Ceiling(s)
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Tray Ceiling(s)
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments


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

Fireplace: No

Window Features:

  • Blinds
  • Shades
  • Window Treatments

Additional Rooms:

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

Flooring: Marble, Wood

Laundry Features: Inside


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

Pool & Waterfront Info

Private Pool: Yes
Pool Features: Heated, In Ground
Spa Features: Heated
Water Access: Yes
Water Access Type: Bay/Harbor, Marina
Water View: Yes
Water View: Bay/Harbor - Full

Exterior & Construction

Property Features:

  • Corner Unit
  • End Unit
  • High Rise

Architectural Style: Contemporary
Rooms: 9
Construction: Stucco
Foundation: Slab
Roof: Other

Exterior Features:
  • Balcony
  • Irrigation System
  • Lighting
  • Outdoor Grill
  • Sauna
  • Sliding Doors
  • Storage

Garage: Yes
Garage Spaces: 2

Parking Features:
  • Garage Door Opener
  • Garage Faces Rear
  • Garage Faces Side
  • Guest
  • Underground

Floors Total: 12
Floors in Unit: One
Cooling: Central Air, Zoned

Heating & Fuel:
  • Central
  • Electric
  • Zoned

Patio & Porch Features:

  • Deck
  • Patio
  • Porch

Security Features:

  • Fire Sprinkler System
  • Key Card Entry
  • Secured Garage / Parking
  • Security System Owned
  • Smoke Detector(s)

Other Structures: Storage
Vegetation: Mature Landscaping, Trees/Landscaped
View: Park, Water


  • Cable Connected
  • Electricity Connected
  • Sewer Connected
  • Street Lights
  • Underground Utilities

Sewer: Public Sewer
Water Source: Public

Community Features:

  • Buyer Approval Required
  • Community Boat Ramp
  • Deed Restrictions
  • Fitness

Association Amenities:

  • Fitness Center
  • Marina
  • Security
  • Spa/Hot Tub
  • Storage

Lot Information

Lot Features:

  • In City Limits
  • Sidewalk
  • Street Paved

Flood Zone Code: A13
Flood Zone Date: 1984-02-15
Flood Zone Panel: 1251500009B
Acreage Description: Non-Applicable
Front Exposure: Northeast

Legal Description & Other Information

Financing Available: Cash, Conventional
Pets Allowed/Pet Policies: Yes
Pet Restrictions: Yes, two large pets.
Number of Pets: 2
Pet Size Permitted: Extra Large (101+ Lbs.)
Max Pet Weight Permitted: 101
Zoning: DTB
Tax Legal Desc.: UNIT 22 TESSERA
Parcel Number: 2027145004
Disclosures: Condominium Disclosure Available
Section: 19
Range: 18
Township: 36



Listing courtesy of COLDWELL BANKER RES R E. The information relating to real estate for sale on this website comes in part from the Mid-Florida Regional 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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