941-235-7474

Listing Details for MLS #A4517329
500 S Palm Avenue # 101, Sarasota Fl 34236, Sarasota, Fl

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Residential Property - Condominium in Sarasota

SOLD for $2,775,000 on February 4, 2022

Listing Price: $3,000,000Sold Price: $2,775,000Sold Price/List Price: 93%Days on Market: 41

Description of Property

You will be awed by the expansive water views from this 10th floor 3 bedroom, 2.5 bathroom, pet friendly condo located on coveted South Palm Avenue in downtown Sarasota. This 3655 square foot condo boasts 2830 sf under air and 2 large wrap around balconies of over 800 sf. Enter through the double doors to an elegant circular foyer which leads to an expansive living room with separate dining room. Marble floors, high ceilings and magnificent water views provide this lovely room with opulence and splendor. The floor to ceiling windows and sliders provide natural light and views of Sarasota Bay, downtown, Ringling bridge, the keys and beyond. The open but separate dining room features classic molding and strategically placed mirrors to enhance the dining experience. The large eat in kitchen has city and Bay views, with a separate pass-through area to the living room that is perfect for entertaining. The large owners suite, complete with custom built-in cabinetry, contains sliders that lead to a semi-circular balcony. Unique to the design of this bedroom suite are two separate bathrooms, each containing separate closets and commodes, yet sharing a common shower with access from both sides, allowing for privacy and separation. Guest bedroom with ensuite bath has sliders that lead to its own separate balcony. The 3rd room doubles as a bedroom or den/office, with sliders that provide access to the balcony. The private laundry room contains lots of storage and counter space. A separate climate-controlled storage closet is located next to the unit, facilitating storage and would make a wonderful wine cellar. Each condo floor consists of only two units. Parking is a breeze with the secure private garage with two parking spaces and overhead garage door with security code. Enjoy sunbathing and swimming in one of the few lap pools located downtown, complete with outdoor spa and grill. Additional amenities include a newly renovated fitness center with state of the art equipment, a card room, and catering kitchen. This exceptional property is a unique gem in the heart of downtown Sarasota.

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Tessera
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 3,655
Sq. Ft. Living Area: 2,830
Cost per (heated) sqare foot: $1,060
Year built: 2000
Annual Tax: $19,127

Condo Fee: $6,500 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
  • Maintenance Structure
  • Maintenance Grounds
  • Maintenance Repairs
  • Manager
  • Pest Control
  • Pool Maintenance
  • Security
  • Sewer
  • Trash
  • Water

Interior Features:

  • Built in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Eating Space In Kitchen
  • Elevator
  • High Ceiling(s)
  • Master Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Thermostat
  • Tray Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Appliances:

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

Accessibility Features:

  • Accessible Approach with Ramp
  • Accessible Central Living Area
  • Accessible Doors

Window Features:

  • Blinds
  • Shutters
  • Window Treatments

Additional Rooms:

  • Formal Dining Room Separate
  • Formal Living Room Separate
  • Storage Rooms

Ceiling Type:

Flooring:

  • Carpet
  • Ceramic Tile
  • Marble

Laundry Features: 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:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View: Bay/Harbor - Full
Water Name: Sarasota Bay

Water Extras:

Exterior & Construction

Architectural Style: Elevated
Construction: Concrete
Foundation: Slab
Roof: Concrete

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

Garage: Yes
Garage Spaces: 2

Parking Features:
  • Assigned
  • Circular Driveway
  • Covered
  • Driveway
  • Garage Door Opener
  • Garage Faces Rear
  • Guest
  • Off Street
  • Under Building

Floors Total: 13
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:

Patio & Porch Features:

  • Covered
  • Deck
  • Wrap Around

Security Features:

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

Other Structures: Storage
View: City, Water
Fencing: Other

Utilities:

  • BB/HS Internet Available
  • Cable Connected
  • Electricity Connected
  • Fire Hydrant
  • Phone Available
  • Public
  • Sewer Connected
  • Street Lights
  • Water Connected

Sewer: Public Sewer
Water Source: Public

Community Features:

  • Buyer Approval Required
  • Deed Restrictions
  • Fitness
  • Pool
  • Sidewalk
  • Waterfront

Association Amenities:

  • Elevator(s)
  • Fitness Center
  • Lobby Key Required
  • Maintenance
  • Pool
  • Security
  • Storage

Lot Information

Lot Features:

  • Flood Insurance Required
  • City Lot
  • Level
  • Sidewalk

Front Exposure: Northwest
Adjoining Property:
Current Adjacent Use:

Legal Description & Other Information

Parcel Number: 2027145019
Zoning: DTB
Pets Allowed/Pet Policies: Number Limit, Yes
Tax Legal Desc.: UNIT 101 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



https://suncoasteam.com/details?MLNum=A4517329