941-235-7474

Listing Details for MLS #A4490814
500 S Palm Ave E #pht, Sarasota, Fl

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    Residential Property - Condominium in Sarasota

    Listing Price: $3,995,000 (Sale Pending) (Mortgage Calculator →)Days on Market: 51

    Description of Property

    A luxurious Penthouse Terrace located on South Palm Avenue and Gulfstream in one of downtown Sarasota’s most luxurious and desirable condominiums. 5,000 square feet, with magnificent views of Sarasota Bay, Golden Gate Point, Lido Key, Siesta Key, Bird Key, Longboat Key and downtown Sarasota. Wrap- around balconies around this penthouse terrace and the depth of the terraces makes this penthouse terrace very unique. South Palm Avenue is one of the most desirable streets in all of downtown Sarasota as it is close enough to all the action that downtown Sarasota has to offer, walking distances to over 60 restaurants, art galleries, fine boutiques, antique merchants, theatre, Selby Botanical Gardens, Bayfront restaurants, park, boating and yet it is close to other amenities such as hospitals and schools. This luxury condo offers 60 feet lap pool with sundeck, fitness center, sauna, steam room. The condominium is pet friendly permitting 2 pets of any size. This penthouse terrace comes with a two- car spacious parking garage within the main building.The average asking price for a 3 bedroom/4 bath condominium in this Zip code is $3,372,500. This condominium is listed at about 118% of the average asking price. There are 2 3 bedroom/4 bath homes between $3,400,000 and $4,400,000 currently listed for sale in this Zip code. See other listings like this one »

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    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: 7,600
    Sq. Ft. Living Area: 5,000
    Cost per (heated) sqare foot: $799
    Year built: 2000
    Annual Tax: $36,550
    Homestead: Yes. This property has homestead exemption. Property tax will be adjusted to reflect market value upon sale of the property.
    Condo 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:

    • 24-Hour Guard
    • Community Pool
    • Escrow Reserves Fund
    • Maintenance Exterior
    • Maintenance Grounds
    • Manager
    • Pool Maintenance
    • Sewer
    • Trash
    • Water

    Interior Features:

    • Built in Features
    • Ceiling Fans(s)
    • Crown Molding
    • Eating Space In Kitchen
    • Elevator
    • High Ceiling(s)
    • Kitchen/Family Room Combo
    • Open Floorplan
    • Solid Surface Counters
    • Solid Wood Cabinets
    • Split Bedroom
    • Wet Bar
    • Window Treatments

    Appliances:

    • Built-In Oven
    • Convection Oven
    • Cooktop
    • Dishwasher
    • Disposal
    • Dryer
    • Electric Water Heater
    • Freezer
    • Ice Maker
    • Microwave

    Fireplace: Yes
    Window Features: Blinds

    Flooring: Terrazzo

    Room Dimensions & Flooring

    • Bedroom 2: 12x17 Ceramic Tile
    • Den: 19x16 Carpet
    • Dining Room: 14x21 Ceramic Tile
    • Great Room: 31x49 Ceramic Tile
    • Interior In-Law Suite: 15x18 Ceramic Tile
    • Kitchen: 19x15 Ceramic Tile
    • Library: 10x15 Ceramic Tile
    • Master Bedroom: 22x21 Carpet

    Pool & Waterfront Info

    Private Pool: No
    Water Front: Yes
    Water Frontage: Bay/Harbor, Intracoastal Waterway
    Water Access: No
    Waterfront Feet: 2000
    Water View: Yes

    Water View:

    • Bay/Harbor - Full
    • Gulf/Ocean - Partial
    • Intracoastal Waterway
    • Marina

    Exterior & Construction

    Rooms: 8
    Construction: Block, Concrete
    Foundation: Slab
    Roof: Concrete
    Exterior Features: Balcony, Lighting
    Garage: Yes
    Garage Spaces: 2
    Floors Total: 13
    Floors in Unit: One
    Cooling: Central Air
    Heating & Fuel: Electric

    Utilities:

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

    Sewer: Public Sewer
    Water Source: Public

    Community Features:

    • Buyer Approval Required
    • Fitness
    • Gated Community
    • Pool
    • Sidewalk
    • Waterfront

    Association Amenities: Elevators

    Lot Information

    Flood Zone Code: AE
    Front Exposure: East

    Legal Description & Other Information

    Pets Allowed/Pet Policies: Number Limit
    Number of Pets: 2
    Tax Legal Desc.: 500 PALM AVE S UNIT PENTHOUSE TERRACE TESSERA
    Parcel Number: 2027145023

    Map

     

    Listing courtesy of RE/MAX ALLIANCE GROUP. 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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