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$599,000
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Property Description & Video
2040 Palm Terrace, Sarasota, FLVideo Tour of 2040 Palm Terrace, Sarasota, FL.
Architect-Designed Masterpiece of Indoor - Outdoor Living.......... this meticulously crafted residence sits on a prime Sarasota lot of nearly 10,000 sq ft. in a neighborhood atmosphere that is soft and warm and kids play everyday. The design embodies a Garden - Architecture Integrated Layout; A concept known as The MODERN - BOHEMIAN style and is devoted to creating meaningful interactions between the built environment and the surrounding landscape...... by fusing the warmth, nature, and free spirit of Bohemian (Boho) with the simplicity, sophistication, and functionalism of Modern (Modern) style. It is a blended aesthetic that seeks a relaxed, personalized atmosphere while maintaining visual neatness and a sense of refinement. The entire property is poetically expressed as "One Dwelling, One Pavilion, Three Courtyards," consisting of the main residence (Dwelling), the detached multifunctional studio (Pavilion), and the Front, Back, and Side Yards that encircle both structures...... The main residence deliberately minimizes hallways and maximizes usable space. This efficiency, combined with practical bathroom sizing and the presence of four custom viewing niches throughout the home, significantly improves the overall usage efficiency of the floor plan. "¢ Design Philosophy: Courtyard Suites Immersed in Nature.......... The main house and gardens form a cohesive ecosystem, where every interior space extends seamlessly toward the outdoors..... "¢ Living & Dining.... The living room opens fully to the side yard through folding sliding window doors, transforming it into an outdoor extension ideal for gatherings..... The open kitchen, island, and dining area flow into a dramatic 9' × 32'' panoramic bay window, offering tranquil views of mature trees in the front garden-dining here feels like sitting within a private forest..... "¢ Bedrooms..... "¢ Primary Suite: Floor-to-ceiling sliding window doors frame the expansive rear garden, creating a private retreat with a luxurious landscape backdrop..... "¢ Bedrooms 2 & 3: Bay windows paired with built-in seating nooks bring the garden inward, allowing each room to feel gently embraced by nature..... "¢ Bedroom 4 / Study: Designed as a home office and reading room, this space is surrounded by both side and rear gardens. Two large windows plus a sliding door allows one to view the garden from different angles..... Every room becomes a private courtyard suite, each offering its own intimate connection with the surrounding gardens..... The Pavilion: Multifunctional Studio & Outdoor Activity Hub..... Detached from the main residence, the 240 sq ft Shed serves as a highly versatile bonus structure. Featuring electric service, water, sewer, AC, cable connection, insulation, and garden views, it functions perfectly as a Mini Office, workshop, media room, or creative studio, including an integrated laundry area with new washer and dryer that conveys with the property..... Directly outside the shed window lies a dedicated outdoor BBQ zone, making this pavilion the center of outdoor living. The design reinterprets traditional "garage culture" into an elevated, modern backyard lifestyle hub. .....See pictures for additional information on each room.
Full Property Details
Full Property Details for 2040 Palm Terrace
General
- Price: $599,000
- Taxes: $2,722 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4661224
- Updated: 1/15/2026
- Added to Site: 36 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Thermostat
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Flooring: Ceramic Tile, Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Sliding Doors
- Deck/Patio: Patio
- Porch/Patio/Deck: Patio
Parking
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Parking Pad
Location
- Area: 34231 - Sarasota/Gulf Gate Branch
- County: Sarasota
- Development Name: 34231 - Sarasota/Gulf Gate Branch
- Subdivision: HARBOR OAKS
- Driving Directions: Tamiami Trail (US-41) North from Clark Road to Palm Terrace ( It is an easy street to miss. If you see Trader Joe's on the right, you went too far.) Turn Right on Palm Terrace.....2040 is on the right side.
- Direction Faces: North
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Riverview High
Community
- Community Name: 34231 - Sarasota/Gulf Gate Branch
- Pet Restrictions: No Livestock or Farm Animals
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,362
- Sq. Ft. Source: Public Records
- Year Built: 1958
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 9,864
- Lot Size: 9864
- Lot Dimensions: 80 x 123
- Street/Road Desc.: Asphalt
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $2,722.23
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 7 BLK B HARBOR OAKS
- Flood Zone Info: X
- APN: 75040042
- Property ID: 75040042
- Block/Lot/Section: B
Listed by Keller Williams On The Water S
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Schools
Schools serving 2040 Palm Terrace
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 0.4 mi |
Riverview High School, Sarasota, FL 1 Ram Way, Sarasota, FL 34231 | 9-12 | 0.9 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2040 Palm Terrace
Date
Details
Price
Change
Source
12/12/2025
Listed
$599,000
57.63%
MLS
2/20/2025
Sold
$380,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2040 Palm Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,118
-22%
$221,579
3%
2024
$2,722
8%
$215,334
7%
2023
$2,516
9%
$201,586
8%
2022
$2,314
-1%
$185,812
3%
2021
$2,344
—
$180,400
18%
2021
$2,344
7%
$153,100
18%
2019
$2,197
1%
$129,484
10%
2018
$2,181
5%
$117,713
-13%
2017
$2,075
5%
$134,800
7%
2016
$1,984
1%
$125,900
42%
2015
$1,957
23%
$88,440
10%
2014
$1,587
3%
$80,400
10%
2013
$1,535
—
$73,150
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2040 Palm Terrace
2040 Palm Terrace, Sarasota, FL 34231 (MLS# A4661224) is a Single Family property with 4 bedrooms and 2 full bathrooms. 2040 Palm Terrace is currently listed for $599,000 and was received on December 12, 2025. Want to learn more about 2040 Palm Terrace? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

