340 S Palm AVENUE #15 Sarasota, FL $ 1,890,000
340 S Palm AVENUE #15
$ 1,890,000
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340 S Palm AVENUE #15

Sarasota, FL, 34236
$ 1,890,000
Bedrooms3 Baths3.1 Sq 2,761

Monthly Estimate*

$ 12,562

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Condo for sale in Sarasota, FL

for $1,890,000 with 3 bedrooms and 3 full baths, 1 half bath. This 2,761 square foot condo was built in 1998 on a lot size of 1.29.

Enviably located and spacious, this Sarabande residence presents exceptional value on one of Sarasota’s most coveted streets, the idyllic and beautifully shaded Palm Avenue. The square footage and scale of this residence are a rare find at this price point. An open layout and generous room proportions with optimal flow span more than 2,700 square feet of interior living space with 3 bedrooms and 3.5 bathrooms. An inviting terrace expands the living space with additional room for dining and lounging. Fine features throughout include hardwood floors, recessed lighting, contemporary wood tones, and integrated storage. From the entry, the home opens to a bright and welcoming central living space that encompasses the dining area and living room with direct access to the outdoor space. The light-filled kitchen includes an eat-in space for a breakfast table with large gallery windows and an island to accommodate extra seating. Wall oven, range, and side-by-side paneled refrigerator ensure gourmet luxury. The owners’ suite is situated apart from guest bedrooms and enjoys an expanse of floor-to-ceiling windows, a spa-like bathroom, and two walk-in closets. A dedicated ensuite guest suite includes generous closet space, and a third bedroom with an adjacent bath offers ideal flex space as an office, study, or media den. The laundry room with additional storage space and a separate pantry add to the home’s comforts. Situated directly across from the marina and Sarasota Bay within a few short blocks of innumerable options for dining and entertainment, Sarabande is city living at its finest. This lushly landscaped and pet-friendly oasis enjoys numerous amenities that include two pools and a spa, hospitality and meeting spaces, a library, a large fitness center, two guest suites and onsite staff. The building is meticulously maintained and financially sound, with only 57 residences for an ideal blend of luxury surroundings and the privacy of a close community. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

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Condo Active

Price

$ 1,890,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Condo

Taxes

$ 17,703

Style

Condominium

Lot Size

1.29

Year Built

1998

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4596801

Features
General
Interior Features Ceiling Fan(s) Eating Space In Kitchen Open Floorplan Primary Bedroom Main Floor Solid Surface Counters Thermostat Walk-In Closet(s) Window Treatments
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Membrane Other
Appliances Built-In Oven Cooktop Dishwasher Disposal Dryer Electric Water Heater Exhaust Fan Microwave Refrigerator Washer
Exterior Features Balcony Sidewalk Sliding Doors Storage
Zoning DTB
Garage Spaces 2
Association Fee Includes 24-Hour Guard Cable TV Community Pool Escrow Reserves Fund Insurance Maintenance Structure Maintenance Grounds Manager Pool Maintenance Recreational Facilities Security Sewer Trash
Patio/Porch Features Covered Patio
Pool Features In Ground
Construction Materials Block Concrete Stucco
Pets Allowed Breed Restrictions Cats OK Dogs OK Number Limit
Year Built 1998
View City Water
Levels One
Unit Number 15
Property SubType Condominium
Tax Year 2023
Percent Ownership Condominium
Community Features Buyer Approval Required Clubhouse Community Mailbox Fitness Center Pool
County Sarasota
New Construction No
Property Type Residential
HOA / Comm Assn Y
Attached Garage Yes
Subdivision Name SARABANDE
Facing Direction West
Garage Y/N Yes
Total Rooms 6
Status Active
Directions US41/Mound Ave or Ringling Blvd to Palm Avenue. Palm Ave to Sarabande. Guest parking on site.
High School Sarasota High
City SARASOTA
Buyer Agent Compensation 3%
Senior Community Y/N No
MLS Area 34236 - Sarasota
Lot Size Units Acres
Lot Size Square Feet 0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Palm
Listing Terms Cash Conventional
Elementary School Southside Elementary
Tax Annual Amount 17703.21
Middle/Junior High School Booker Middle
Property Condition Completed
Public Remarks Enviably located and spacious this Sarabande residence presents exceptional value on one of Sarasotas most coveted streets the idyllic and beautifully shaded Palm Avenue. The square footage and scale
Lease Considered Y/N Yes
Virtual Tour https://tours.coastalhomephotography.net/2209331?idx=1 https://tours.coastalhomephotography.net/2209331
Days on Market 90
Living Area Units Square Feet
Standard Status Active
Tax Lot 0
Legal Description UNIT 15 SARABANDE
Water View Bay/Harbor - Partial
Pet Size Limit Medium (36-60 Lbs.)
Minimum Lease 1 Month
Water Access Y/N No
Monthly Condo Fee Amount 2789
HOA Monthly Maintenance 0
Water View Y/N Yes
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Interior
Flooring Porcelain Tile Tile Hardwood
Total Stories 15
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Half Baths 1
Street Suffix AVENUE
Laundry Features Laundry Room
Total Bedrooms 3
Total Baths 4
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Exterior
Parking Features Assigned Circular Driveway Deeded Guest Under Building
Lot Features FloodZone City Lot Sidewalk
Water Source Public
Lot Size Area 1.29
Foundation Details Slab
Spa Yes
Building Area Total 3001
Lot Size Acres 1.29
Road Surface Type Paved Asphalt
Covered Spaces 2
Road Frontage Type Street Paved
Open Parking Y/N Yes
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* Excluded Features
List By
Douglas Elliman

Broker

amy.drake@elliman.com

Email

Affordability Calculator

$14,037
Per Month
89%
11%
0%
Monthly Principal & Interest
$12,562
Monthly Property Taxes
$1,475
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3325486 Elementary School
3324204 Middle School
Sarasota High High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$1,890,000 -4.30% Price Down
1/31/2024$1,975,000 Listed Price

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340 S Palm AVENUE #15, Sarasota, FL, 34236 is a Condo for sale at $1,890,000 with 2,761 sqft and a lot size of 1.29. 340 S Palm AVENUE #15 has 3 bedrooms, 3.1 baths, and was built in 1998. The property's zip code is 34236 which is in Sarasota, FL