Residential Property - Condominium in Sarasota
SOLD for $3,330,000 on June 17, 2021
Listing Price: $3,995,000Sold Price: $3,330,000Sold Price/List Price: 83%
Sold Price/Original List Price: 79.3%
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.

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: 7,600
Sq. Ft. Living Area: 5,000
Cost per (heated) sqare foot: $799
Year built: 2000
Annual Tax: $36,550
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.
- 24-Hour Guard
- Community Pool
- Escrow Reserves Fund
- Maintenance Structure
- 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
Fireplace Features:
Window Features: Blinds
Flooring: Terrazzo
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Bay/Harbor, Intracoastal Waterway
Exterior & Construction
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
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
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: Elevator(s)
Lot Information
Front Exposure: East
Legal Description & Other Information
Parcel Number: 2027145023
Pets Allowed/Pet Policies: Number Limit
Tax Legal Desc.: 500 PALM AVE S UNIT PENTHOUSE TERRACE TESSERA
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.