500 S Palm Ave #101

Sarasota, FL 34236 View Map $3,000,000 Schedule a Tour

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(941) 200-4663

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Status: Pending
Property Type:Condominium
MLS #:A4517329
Sq. Feet:2,830
On Site:69 Days
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.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

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Community Information

Address:500 S Palm Ave #101 Sarasota, FL 34236
Area:34236 - Sarasota
Body of Water:Sarasota Bay
Zip Code:34236

School Information

High School:Sarasota High
Middle School:Booker Middle
Elementary School:Southside Elementary


Unit Number:#101
Bedrooms: 3
Bathrooms: 2 Full / 1 Half
Year Built:2000
Construction Materials: Concrete
Building Description: Elevated, End Unit, High Rise
Construction Status: Completed
Flooring Types: Carpet, Ceramic Tile, Marble
Roof: Concrete
Foundation: Slab
Garage Spaces: 2
Parking Features: Assigned, Circular Driveway, Covered, Driveway, Garage Door Opener, Garage Faces Rear, Guest, Off Street, Under Building

Features / Amenities

Interior Features: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, 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
Equipment: Generator, Irrigation Equipment
Flooring: Carpet, Ceramic Tile, Marble
Laundry: Laundry Room
Furnished: Unfurnished
Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate, Storage Rooms
Accessibility Features: Accessible Approach with Ramp, Accessible Central Living Area, Accessible Doors
Exterior Features: Balcony, Fence, Irrigation System, Lighting, Outdoor Grill, Sauna, Sidewalk, Sliding Doors, Storage
Accessibility Features: Accessible Approach with Ramp, Accessible Central Living Area, Accessible Doors
Patio And Porch: Covered, Deck, Wrap Around
Other Structures: Storage
Window: Blinds, Shutters, Window Treatments
Garage Spaces: 2
Parking: Assigned, Circular Driveway, Covered, Driveway, Garage Door Opener, Garage Faces Rear, Guest, Off Street, Under Building
Cooling: Central Air
Heating: Central
Air Conditioning: Central Air


Living RoomFirst29 X 19
KitchenFirst19 X 12
Dining RoomFirst14 X 14
Master BedroomFirst20 X 16
Bedroom 2First16 X 14
Bedroom 3First17 X 13

Property Features

Lot Features: Flood Insurance Required, City Limits, Level, Sidewalk, Paved
Vegetation: Trees/Landscaped
View: City, Water
Water View: Bay/Harbor - Full
Waterfront Feet: 0
Water Name: Sarasota Bay
Lot #: 0
Flood Zone: AE
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
Sewer: Public Sewer
Water: Public
Road Responsibility: Public Maintained Road
Road Surface: Paved
Directions:From Ringling turn South on Palm Avenue.
Pets Allowed: Number Limit, Yes
Pet Restrictions: Non aggressive breed, board approval
Number of Pets: 2
Max. Pet Weight: 50
Pet Size: Medium (36-60 Lbs.)

Tax and Financial Info

Tax Year: 2020
Tax Annual Amount: $19,127
Ownership: Condominium
Homestead: Yes
Total Annual Fees: $26,000
Average Monthly Fees: $2,167
Condo Fee: $6,500 (paid Quarterly)
Disclosures: Condominium Disclosure Available
Minimum Lease: 8-12 Months
Association Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Pool, Security, Sewer, Trash, Water
Association Amenities: Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Security, Storage
Monthly Condo Fee Amount: $2, 167
Monthly Maint. Fee (in addition to HOA fee): $0



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500 S Palm Ave #101 Sarasota, FL 34236
500 S Palm Ave #101 Sarasota, FL 34236
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The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Stellar MLS data last updated at January 19, 2022 12:30 AM EST.