500 South Palm Avenue 12, SARASOTA

$2,350,000

3 Beds
5 Baths
3,315 Sqft
.88 Acres
2 Garages

Welcome to Tessera, an exclusive, boutique luxury residence in the heart of downtown Sarasota. Incredible Sarasota Bay and Gulf of Mexico views greet you as you enter this rarely available 3 bedroom, 4 1/2 bath, 3315 sq. ft. home, exuding the warmth and comfort of a single family home yet all the amenities and conveniences of condominium living. Enjoy the morning sunshine with tropical bay views and extraordinary sunsets by night. Expand your living and entertaining space on the incredibly spacious and open wraparound terrace boasting bayside and Palm Avenue views. Filled with beautiful tropical potted plants the expansive terrace is a gardener's delight. Enter the foyer with a tray ceiling, and quality custom finishes throughout for elegant living at its Best. The library/study with built ins and 2 desk areas creates a comfortable work from home environment. The guest wing features two bedrooms (one custom outfitted as an office), full baths, and wonderful balcony views. The chef's kitchen showcases dark stone countertops, a breakfast bar, a beverage and a wine refrigerator, handsome wood cabinets, and access to the outdoor terrace - perfect for entertaining. Double doors open to the master suite with peaceful water and garden balcony views, his and hers baths with walk in showers, soaking tub, and customized walk in closet. Numerous home updates include crown molding throughout, 8' foot panel solid doors, modern LED and track lighting, darkening shades and custom window treatments, and highest rated hurricane shutters on all windows installed 2019. Additional features include two A/C units, air conditioned storage room, and a private 2 car garage with new epoxy floors and a Palm Avenue entrance. Tessera is a pet friendly community with only two units per floor, which affords each residence privacy and accessibility to all amenities including the luxury heated lap pool, spa, sauna, sun deck, grilling area and exciting building upgrades that are currently in process (lobby re-design and a state of the art fitness center and social area). Tessera is perfectly located on Palm Avenue, one of the most sought after and tree lined downtown streets, with protected bay and Gulf views and easy access to all Sarasota has to offer. Walk or bike to shopping, fine dining, Selby library, Sarasota Opera, art galleries, cafes, Whole Foods, Burns Court Cinema or drive over the scenic Ringling Causeway to St. Armands Circle and Lido Beach. Sarasota was voted the number one Best place to retire in the U.S. on U.S. News and World Report's 2020-2021 list. Your new home awaits you in the renowned cultural capital of Florida.

Essential Information
MLS® #A4490020
Price$2,350,000
Bedrooms3
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage3,315
Acres0.88
Year Built2000
TypeResidential
Sub-TypeCondominium
StyleContemporary,Custom
StatusActive
Community Information
Address500 South Palm Avenue 12
AreaSarasota
SubdivisionTESSERA
CitySARASOTA
CountySarasota
StateFL
Zip Code34236
Max Pet Weight101
Pet Restrictions YNY
Pet SizeExtra Large (101+ Lbs.)
Minimum Lease8-12 Months
Community Features

Buyer Approval Required,Deed Restrictions,Fitness Center,Pool

Amenities
# of Garages2
Water ViewBay/Harbor - Partial
Interior
HeatingCentral,Zoned
CoolingCentral Air,Zoned
# of Stories1
Interior Features

Built in Features,Ceiling Fans(s),Crown Molding,Eat-in Kitchen,Solid Wood Cabinets,Split Bedroom,Stone Counters,Walk-In Closet(s),Window Treatments

Appliances

Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Microwave,Refrigerator,Washer,Water Purifier,Wine Refrigerator

Exterior
RoofConcrete,Membrane
FoundationSlab
Exterior Features

Balcony,Lighting,Sliding Doors,Storage

School Information
ElementarySouthside Elementary
MiddleBooker Middle
HighSarasota High
Additional Information
Date ListedFebruary 7th, 2021
Days on Market23
ZoningDTB
Costs
Condo Fees$5,600
Condo Fees TermQuarterly
HOA Fee$0
Taxes$12,290
Tax Year2020
Property History
Price Reduced from $2,550,000 to $2,350,000

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on March 2nd, 2021 at 8:21pm EST.