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$3,695,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 4 Full Baths
  • 3,636 Sq. Ft.
  • Updated 1 day ago
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Virtually Staged. Exceptional scale and unobstructed Bay and Gulf views with southwest exposure, define this three-bedroom, four-bath home on the 10th floor of Sarabande's south building. A double-door entry opens to a gracious foyer and beautifully proportioned interiors that live more like a sophisticated single-family home than a traditional condominium. Beyond the foyer, an expansive great room is framed by walls of glass showcasing sweeping waterfront vistas, while two terraces invite Bay breezes and spectacular sunsets. The well-appointed kitchen features Sub-Zero refrigeration, an induction cooktop, granite countertops, an oversized island and wood cabinetry, all complemented by magnificent water views. The kitchen flows seamlessly into a casual dining area and separate family room with floor-to-ceiling windows and direct terrace access. The primary suite is a private retreat with the rare luxury of separate his-and-her bathrooms and three generous walk-in closets. A dedicated study completes the thoughtfully designed floor plan. The unit conveys with 2 assigned parking spaces as well as a storage unit. Sarabande complements its premier location with an impressive collection of lifestyle and wellness amenities, further elevated by recent refinements including new elevators, a freshly painted exterior, and a thoughtfully updated lobby and common areas. Residents enjoy two pools, including a dedicated lap pool, a spa and steam room, a state of the art fitness center with a private space for personal massage services, and an outdoor grilling area for relaxed poolside enjoyment. A club room provides an inviting setting for social events, in addition to a board/conference room and two guest suites. Ideally positioned on coveted Palm Avenue, Sarabande is one of downtown Sarasota's most established luxury addresses, distinguished by its substantial floor plans, waterfront setting and proximity to the city's finest offerings. The Bayfront, Marina Jack, Main Street, acclaimed restaurants, galleries, theaters and boutiques are all just moments away, placing the very best of Sarasota just outside your door.

Full Property Details for 340 S Palm Ave #101

General

  • Price: $3,695,000
  • HOA FEE: $4,022/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $21,875 (2025)
  • Status: Active
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4705841
  • Updated: 10/15/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 12
  • Interior Features: Ceiling Fan(s), Coffered Ceiling(s), High Ceilings, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Tray Ceiling(s)
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Water Softener
  • Furnishings: Unfurnished
  • Flooring: Brick/Stone, Carpet, Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Shared Amenities: Cable TV, Fitness Center, Lobby Key Required, Maintenance, Spa/Hot Tub
  • Pool Description: Heated, Lap
  • Security/Safety: Fire Sprinkler System, Key Card Entry

Exterior

  • Exterior Features: Balcony, Lighting, Sliding Doors
  • Deck/Patio: Covered, Patio, Wrap Around
  • Porch/Patio/Deck: Covered, Patio, Wrap Around

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Assigned, Under Building

Location

  • Area: 34236 - Sarasota
  • County: Sarasota
  • Development Name: 34236 - Sarasota
  • Subdivision: SARABANDE
  • Driving Directions: US41/Mound Ave to North on Palm Avenue. Guest Parking is Available.
  • Direction Faces: West

School Information

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

Community

  • Community Name: 34236 - Sarasota
  • Community Features: Bay/Harbor Front, Buyer Approval Required, Clubhouse, Pool, Sidewalks
  • Optional Amenities: Cable TV, Fitness Center, Lobby Key Required, Maintenance, Spa/Hot Tub
  • Assoc. Name: Sarabande - Kyanne Merrill
  • Assoc. Fees Include: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Number of Pets: 2

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water District: SARASOTA BAY
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Concrete
  • Roof: Membrane
  • Windows: Aluminum Frames, Insulated Windows, Tinted Windows
  • Stories/Levels: One
  • Square Feet: 3,636
  • Sq. Ft. Source: Public Records
  • Year Built: 1998

Lot Features

  • Property View: City, Water
  • Street/Road Desc.: Asphalt

Water Features

  • Water View: Yes
  • Water Front Name: SARASOTA BAY
  • Water Front Desc.: Bay/Harbor Front

Financial Considerations

  • Condo Fee: $12,065
  • Condo Fee Freq: Quarterly
  • Tax Amount: $21,875
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Condominium
  • Special Conditions: None
  • Legal Description: UNIT 101 SARABANDE
  • Flood Zone Info: AE, X
  • APN: 2027114039
  • Property ID: 2027114039

Listed by Michael Saunders & Company

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Listing agents

— 340 S Palm Ave #101 —

  • Michael Saunders & Company

  • Michael Saunders & Company

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 340 S Palm Ave #101

School District:Sarasota County School District
NameGradesDistance
Southside Elementary School, Sarasota, FL
1901 Webber Street, Sarasota, FL 34239
PK-51.7 mi
Booker Middle School
2250 Myrtle Street, Sarasota, FL 34234
6-82.6 mi
Sarasota High School
2155 Bahia Vista Street, Sarasota, FL 34239
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 340 S Palm Ave #101 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/15/2026
Listed
$3,695,000
82.47%
MLS
12/16/2004
Sold
$2,025,000
—
Public Record
Get Price Alerts and Save Property
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 for 340 S Palm Ave #101

Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,949
1%
$1,520,061
3%
2024
$21,691
3%
$1,477,222
3%
2023
$21,107
5%
$1,434,196
3%
2022
$20,103
-4%
$1,392,423
3%
2021
$20,850
—
$1,351,867
1%
2021
$20,850
1%
$1,333,202
2%
2019
$20,574
2%
$1,303,228
2%
2018
$20,247
1%
$1,278,928
2%
2017
$20,020
—
$1,252,623
2%
2016
$20,020
-1%
$1,226,859
1%
2015
$20,323
—
$1,218,331
1%
2014
$20,309
—
$1,208,662
2%
2013
$20,275
—
$1,190,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Michael Saunders & Company

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340 S Palm Avenue #101, Sarasota, FL 34236 (MLS# A4705841) is a Condo property with 3 bedrooms and 4 full bathrooms. 340 S Palm Avenue #101 is currently listed for $3,695,000 and was received on October 15, 2026. Want to learn more about 340 S Palm Avenue #101? Do you have questions about finding other Condo real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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