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Listing ID: A4517329
Sold For: $2,775,000
Status: Closed
Address: 500 S Palm Avenue 101
Unit Number: 101
City: Sarasota
State: Florida
Postal Code: 34236
Bedrooms: 3
Total Baths: 3
Full Baths: 2
Partial Baths: 1
SqFt: 2,830
County: Sarasota
Sarasota
FL
34236
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.

Primary Features

County: Sarasota
Half Baths: 1
Property Sub Type: Condominium
Property Type: Residential
Subdivision: Tessera
Year Built: 2000
Zoning: DTB

Interior

Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate, Storage Rooms
Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Purifier
Building Area Units: Square Feet
Building Elevator: yes
Cooling Type: Central Air
Fireplace: no
Floor Number: 10
Flooring: Carpet, Ceramic Tile, Marble
Furnished: Unfurnished
Heating Type: Central
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
Laundry Features: Laundry Room
Levels: One
Living Area Meters: 262.92
Living Area Source: Public Records
Living Area Units: Square Feet
Other Equipment: Generator, Irrigation Equipment
Room Count: 6
Stories Total: 13

External

Architectural Style: Elevated
Attached Garage: yes
Carport: no
Construction Materials: Concrete
Exterior Features: Balcony, Fence, Irrigation System, Lighting, Outdoor Grill, Sauna, Sidewalk, Sliding Doors, Storage
Fencing: Other
Foundation Details: Slab
Garage: yes
Garage Spaces: 2
Homestead: yes
Lot Features: Flood Insurance Required, City Limits, Level, Sidewalk, Paved
Other Structures: Storage
Parking Features: Assigned, Circular Driveway, Covered, Driveway, Garage Door Opener, Garage Faces Rear, Guest, Off Street, Under Building
Patio And Porch Features: Covered, Deck, Wrap Around
Pool Private: no
Property Condition: Completed
Property Description: Elevated, End Unit, High Rise
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Concrete
Sewer: Public Sewer
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
Vegetation: Trees/Landscaped
View Type: City, Water
Water Access: no
Water Extras: no
Water Source: Public
Water View: yes
Water View Type: Bay/Harbor - Full
Waterfront: no
Window Features: Blinds, Shutters, Window Treatments

Location

Association: no
Association Amenities: Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Security, Storage
Association Approval Required: yes
Building Area Source: Public Records
Building Area Total: 3655
Building Name Number: TESSERA
Community Development District: no
Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Sidewalks, Waterfront
Country: US
Direction Faces: Northwest
Elementary School: Southside Elementary
Flood Zone Code: AE
High School: Sarasota High
Middle Or Junior School: Booker Middle
MLS Area Major: 34236 - Sarasota
Subdivision Number: 8194
SW Subdivision Community Name: Tessera
Township: 36S
Water Body Name: SARASOTA BAY
Zoning Compatible: yes

Financial

Additional Lease Restrictions: Lease restrictions
Association Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Pool, Security, Sewer, Trash, Water
Available For Lease: yes
Condo Fees: 6500
Condo Fees Term: Quarterly
Condo Land Included: no
Current Price: 2775000.00
Disclosures: Condominium Disclosure Available
Existing Lease Tenant: no
Minimum Lease: 8-12 Months
Monthly Condo Fee Amount: 2167
Ownership: Condominium
Special Listing Conditions: None
Tax Annual Amount: 19126.82
Tax Book Number: 34-5
Tax Year: 2020
Total Annual Fees: 26000.00
Total Monthly Fees: 2166.67

Zoning Info


Listed by: Michael Saunders & Company .

Listing information ©My Florida Regional MLS DBA Stellar MLS 2024. 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 consumer 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties displayed may be listed or sold by various participants in the MLS. Data last updated on Wednesday, April 17th, 2024 at 11:42:32 PM.

Contact - Listing ID A4517329

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Candy Swick

2063 Main Street Suite 200
Sarasota, FL 34237
Phone: 941-954-9000

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