941-235-7474

Listing Details for MLS #A4495617
624 S Palm Avenue # 18, Sarasota Fl 34236, Sarasota, Fl

Residential Property - Condominium in Sarasota

SOLD for $5,000,000 on June 14, 2021

Listing Price: $5,285,000Sold Price: $5,000,000Sold Price/List Price: 95%
Sold Price/Original List Price: 90.91%Days on Market: 31Cumulative Days on Market: 141

Description of Property

Perfectly located on one of downtown Sarasota’s most desirable streets, this elite Palm Avenue penthouse offers sky-high elegance with ultraluxe style and easy access to downtown amenities. The full-floor residence occupies more than 4,100 square feet on the 18th floor, with endless vistas of the bay and harbor, Ringling Bridge, Barrier Islands and the Gulf beyond. Full-height windows and 12-foot ceilings magnify the spectacular views from every angle. From a private elevator bank, the spacious foyer leads to an enormous open living area with magnificent water views and a set of full-height glass sliders that expand the room to an open-air patio. At this elevation, the views are truly endless. The patio boasts a summer kitchen with a gas grill and room to lounge or dine while overlooking Sarasota Bay. The interior views are just as stunning from the two seating areas, dining area and exquisite kitchen. Thoughtful design, including smoked mirror backsplashes in the kitchen and wet bar, minimal structural features and high-gloss finishes further showcase the panoramic beauty. The chef’s kitchen is appointed with ultra-premium style and function, with Bespoke Burl Wood lacquered cabinetry, Wolf, Miele and Sub-Zero appliances, wine cooler and wraparound Caesarstone counters. A separate wet bar with conversation seating adds entertainment space adjacent to the main seating area, where walls of glass create a dramatic sense of openness. Three en suite bedrooms offer spacious elegance with additional balcony access. The baths evoke modern luxury with floating vanities and glass-enclosed walk-in showers. The primary suite includes dual walk-in closets with custom cabinetry and a spa-like bath with direct views of the Bay. Across from the primary suite, a private den with its own terrace offers flexibility as a media room, exercise space or office. Recessed lighting, porcelain tile floors throughout and massive windows promote a luxurious modern aesthetic. This residence features integrated smart home technologies that include Lutron electric window coverings, Sonos sound system and Aquasana water filtration. A separate laundry room with a high-capacity washer and dryer includes a utility sink and additional storage. Built in 2018, 624 Palm is an exclusive and luxurious high-rise of only 17 residences that blends art deco and midcentury style with modern integrations to ensure the pinnacle of comfort and security. Fabulous on-site amenities include concierge services, rooftop lounge, heated pool, social bar, grilling stations, fire pit, gym and spa that are all pet friendly. This is true perfection located on a beautiful tree-lined avenue within steps of shops, restaurants, galleries and Selby Gardens.The average asking price for a 3 bedroom/4 bath condominium in this Zip code is $4,253,333. This condominium is listed at about 124% of the average asking price. This is the only 3 bedroom/4 bath condominium between $4,600,000 and $6,000,000 currently listed for sale in this Zip code.

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: 624 Palm Condo
Bedrooms: 3
Bathrooms: 4
Half Baths: 1
Sq. Ft. Gross: 4,443
Sq. Ft. Living Area: 4,155
Cost per (heated) sqare foot: $1,272
Year built: 2018
Annual Tax: $40,992

Condo Fee: $6,595 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Common Area Taxes
  • Community Pool
  • Escrow Reserves Fund
  • Fidelity Bond
  • Gas
  • Maintenance Structure
  • Maintenance Grounds
  • Manager
  • Pool Maintenance
  • Recreational Facilities
  • Sewer
  • Trash
  • Water

Interior Features:

  • Ceiling Fans(s)
  • Eating Space In Kitchen
  • Elevator
  • High Ceiling(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Solid Wood Cabinets
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Appliances:

  • Built-In Oven
  • Convection Oven
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Exhaust Fan
  • Microwave
  • Range
  • Range Hood
  • Refrigerator
  • Washer
  • Wine Refrigerator

Accessibility Features:

Window Features: Shades, Shade Shutter(s)

Additional Rooms: Den/Library/Office, Storage Rooms

Ceiling Type:
Flooring: Marble, Porcelain Tile

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:

  • Gunite
  • Heated
  • In Ground
  • Lighting

Spa Features: Heated, In Ground
Water Front: Yes
Water Frontage: Bay/Harbor
Water Access: Yes
Water Access Type: Bay/Harbor
Water View: Bay/Harbor - Full, Gulf/Ocean - Full

Water Extras:

Exterior & Construction

Architectural Style:
Construction: Block, Stucco
Foundation: Slab
Roof: Built-Up

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

Garage: Yes
Garage Spaces: 2

Parking Features:
  • Assigned
  • Covered
  • Guest
  • Under Building

Floors Total: 18
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:

Patio & Porch Features:

  • Covered
  • Deck
  • Rear Porch
  • Side Porch

Security Features:
Other Structures:
View: City, Water
Fencing:

Utilities:

  • BB/HS Internet Available
  • Cable Connected
  • Electricity Connected
  • Phone Available
  • Public
  • Sewer Connected

Sewer: Public Sewer
Water Source: Public

Community Features:

  • Fitness
  • Pool
  • Sidewalk
  • Water Access
  • Waterfront

Association Amenities:

Lot Information

Lot Features:

  • City Lot
  • Near Marina
  • Sidewalk

Front Exposure: East
Adjoining Property:
Current Adjacent Use:

Legal Description & Other Information

Parcel Number: 2027147016
Zoning: DTB
Pets Allowed/Pet Policies: Breed Restrictions, Number Limit, Size Limit, Yes
Tax Legal Desc.: UNIT 18, 624 PALM CONDOMINIUM, PB 44 PG 1-17

 

Listing courtesy of PREMIER SOTHEBYS INTL 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



https://suncoasteam.com/details?MLNum=A4495617