Listing Details for MLS #A4602427
711 S Palm Avenue Unit 204, Sarasota, Fl

Residential Property - Condominium in Sarasota

Listing Price: $1,995,000 (Mortgage Calculator →)Days on Market: 59

Description of Property

IMPROVED PRICE OF $1,995,000 FOR THIS RARE GEM ON SOUTH PALM AVENUE. This one-of-a-kind residence with stunning upgrades is ideally located on the sunny southwest corner. An oversized balcony provides beautiful evening vistas, views of the Bay and Selby Gardens, and is a short walk to all the dining and entertainment experiences that downtown Sarasota offers. 7 One One Palm is a newer midrise building completed in 2019 with sixteen condominium residences. It is not located in a flood zone and the Board has conservatively RESERVED 100% of reserve study recommendations since inception. The building was designed by award-winning DSDG Architects/Mark Sultana and includes standout features such as semi-private elevators serving only 2 residents per level and an exceptional resort style pool and spa area. The unit’s open plan layout is inviting and together with the additional outdoor space is ideally suited for entertainment. The residence has 10-foot ceilings, 8-foot solid wood doors, 3 bedrooms, and 3 bathrooms. In addition, 204 features approximately $200,000 in carefully chosen high quality upgrades. These include a walk-in wine room, outdoor kitchen with Electrichef grill and U-Line refrigerator, newly installed Legno Bastone 7-inch plank French white oak flooring throughout, built-in Dimplex fireplace on a purposeful tiled wall, built-in floating dining room buffet and bar, a Hubbardton Forge crystal chandelier and custom art lighting in the dining area, Cucine Ricci built-ins and workspace in the 3rd bedroom, and enlarged master suite to include a specifically designed lounging area. Other enhancements include a smart home package comprised of Lutron lighting, a shading system, and a Sonos wireless music streaming system with Sonance ceiling speakers in the living room, kitchen, master bedroom, and 3rd bedroom/study. The kitchen has Cucine Ricci imported Italian kitchen cabinetry, an upgraded quartz backsplash and a large island with quartz waterfalls. The kitchen has a French door smart refrigerator, 5-burner gas cooktop, a wall oven/microwave combination, and a reverse osmosis water system. There is a dedicated laundry room with built-in cabinetry, full sized stacking washer/dryer and laundry sink. The master suite which directly overlooks the pool and cabanas has two walk-in closets and an oversized glass-enclosed shower. Each residence has its own air-conditioned storage space and 2 secured garage parking spaces with bike racks. The resort style amenities offered by 7 One One Palm feature an oversized 50’ x 20’ heated pool and spa, outdoor showers, bathroom, firepit, lounging cabanas, 2 gas grills, fitness room, guest parking, and pet friendly Paw Park. Nothing has been ignored in this urban quiet living complex. Enjoy all Downtown Sarasota has to offer, strolling to restaurants, cafes, coffee shops, retail stores, Farmers Market, Opera House, Art District, and Marina Park, while situated less than 2 miles from St. Armand's Circle and Lido Beach. SEE SPECIAL FEATURE SHEET/UPGRADES. THE FURNITURE IS OPTIONAL AND SUBJECT TO NEGOTIATION.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $3,662,324. This condominium is listed at about 54% of the average asking price. There are 11 3 bedroom/3 bath homes between $1,600,000 and $2,200,000 currently listed for sale in this Zip code. See other listings like this one »