941-235-7474

Listing Details for MLS #A4625008
505 S Orange Avenue Unit 401, Sarasota, Fl

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Residential Property - Condominium in Sarasota

SOLD for $1,950,000 on January 27, 2025

Listing Price: $2,215,000Sold Price: $1,950,000Sold Price/List Price: 88%Days on Market: 37

Description of Property

Welcome to the pinnacle of luxury living in the heart of sunny Sarasota, Florida! This exquisite 3-bedroom, 3.5-bathroom end unit condo is where elegance meets modern comfort. Step into your private elevator lobby and be greeted by an open, sunlit space, enhanced by the natural light streaming through windows that face north, east, and west, filling the 3,003 sq. ft. interior with warmth and brightness. The French white oak floors add an air of sophistication, perfectly complementing the thoughtfully designed interiors, each bedroom featuring its own en-suite bathroom and access to spacious private balconies. Enjoy the convenience and security of keyless entry with a state-of-the-art video intercom system that connects to your smartphone for seamless access. With two on-site building managers, you’ll experience a level of service tailored to your every need. The private tiled balconies are not only perfect for enjoying Sarasota’s sunny weather but also come equipped with Kevlar wireless-activated retractable storm screens, offering hurricane-rated protection. On the west-facing balcony, an automatic sprinkler system allows for hassle-free gardening amidst a living wall, providing the perfect oasis against the backdrop of Florida's coastal breezes. The three-and-a-half bathrooms have been meticulously renovated, with the primary bath standing out for its luxurious oversized soaking tub, walk-in shower, bidet water closet, and dual vanities. The Primary suite is complemented by two walk-in closets designed for style and organization. Your gourmet kitchen is a dream for any culinary enthusiast, featuring custom Pedini Italian cabinetry and high-end appliances from Bosch, Sub-Zero, and Wolf. Additional touches like a drinking water filtration system and a carbon-filtration range hood enhance both convenience and comfort. Up-to-date with energy efficiency, the condo comes with newly installed HVAC heat pump units (January 2022) and a water heater (March 2023). In 2022, the building received a full exterior update, including fresh caulking, painting, and sealing for enhanced protection. Two adjacent parking spaces, pre-wired for electric vehicle charging, and a lockable storage unit near the garage add to the convenience of this stunning residence. Residents enjoy access to an array of amenities on the third floor, including a club room, fitness center, yoga room, sauna, kitchen, heated pool, and a cozy outdoor seating area with a fire pit and grill. On the rooftop, unwind with breathtaking views of Sarasota Bay while taking advantage of the catering kitchen, outdoor dining, lounge areas, and a serene water fountain. Set in the desirable Burns Court area, this condo offers the best of Sarasota right at your doorstep. Stroll to nearby boutiques, art galleries, yoga studios, a movie theater, and exceptional dining experiences. Downtown Sarasota's vibrant scene and world-class restaurants are just minutes away. For beach lovers, the award-winning sands of Lido Key, Siesta Key, and Longboat Key are just a short drive, offering the perfect coastal escape. Don’t miss out on this rare opportunity to experience the height of luxury living in Sarasota in a building with fully funded reserves and no assessments. Schedule your private showing today and make this stunning condo your new home!The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $3,673,358. This condominium is listed at about 60% of the average asking price. There are 10 3 bedroom/3 bath homes between $1,800,000 and $2,600,000 currently listed for sale in this Zip code. See other listings like this one »

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Kanaya
Bedrooms: 3
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 3,427
Sq. Ft. Living Area: 3,003
Cost per (heated) sqare foot: $738
Year built: 2007
Annual Tax: $8,614

Condo Fee: $6,597 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
  • Maintenance Structure
  • Maintenance Grounds
  • Pest Control
  • Pool Maintenance
  • Sewer
  • Trash
  • Water

Interior Features:

  • Elevator
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Walk-In Closet(s)

Appliances:

  • Built-In Oven
  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Range
  • Refrigerator
  • Washer

Accessibility Features:

Window Features:

Additional Rooms:

Ceiling Type:

Flooring:

  • Concrete
  • Tile
  • Hardwood

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 - Partial
  • Gulf/Ocean - Partial
  • Intracoastal Waterway
  • Marina

Water Name: Sarasota Bay, Intracoastal

Water Extras:

Exterior & Construction

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

Exterior Features:
  • Balcony
  • Lighting
  • Outdoor Grill
  • Outdoor Kitchen
  • Sidewalk
  • Sliding Doors

Garage: Yes
Garage Spaces: 2

Parking Features:
  • Assigned
  • Covered
  • Electric Vehicle Charging Station(s)
  • Guest
  • Under Building

Floors Total: 14
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features: Patio, Side Porch

Security Features:

  • Fire Alarm
  • Fire Sprinkler System
  • Smoke Detector(s)

Other Structures: Outdoor Kitchen
View:
Fencing:

Utilities:

  • Cable Available
  • Electricity Available
  • Electricity Connected
  • Fire Hydrant
  • Public

Sewer: Public Sewer
Water Source: Public

Community Features:

  • Buyer Approval Required
  • Fitness Center
  • Pool
  • Sidewalks
  • Wheelchair Access

Association Amenities:

  • Lobby Key Required
  • Maintenance
  • Pool
  • Storage

Lot Information

Lot Features: Near Public Transit, Sidewalk
Front Exposure: West
Adjoining Property:
Current Adjacent Use:

Legal Description & Other Information

Financing Available: Cash, Conventional, VA Loan
Parcel Number: 2027104005
Zoning: DTC
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT 401, KANAYA
Disclosures: Condominium Disclosure Available, Seller Property Disclosure
Section: 19
Range: 18

 

Listing courtesy of COLDWELL BANKER REALTY. 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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