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$1,075,000
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Property Description
Welcome to 340 S. Palm Ave, a truly exceptional and one-of-a-kind condo residence that effortlessly combines city elegance, chic design, and sophisticated living. This downtown gem is a haven for those seeking the perfect blend of luxury and convenience. The residence greets you with an artistically styled foyer, featuring a ceiling rotunda with striking lighting, leading to an expansive open floor plan that serves as the perfect backdrop for entertaining. The living area showcases a custom continental bar that comfortably seats six, Floor-to-ceiling windows and sliders throughout envelop the spaces, framing sweeping views of the city and bay and flooding the interior with natural light. The 20' X 23' primary bedroom is a serene retreat complete with an electric fireplace, two ensuite bathrooms, and walk-in closets for ultimate comfort and privacy. Every corner of this residence has been meticulously crafted with attention to detail in mind. The powder room jewel box boasts a gold leaf glass tile ceiling, adding a touch of opulence to your everyday routine. The kitchen is a culinary enthusiast's dream, featuring ample counter space, a breakfast bar, and a chef's desk for all your cooking needs. The combined Butler's pantry and laundry area provide additional convenience and storage options. The one-of-a-kind 2,200sf wrap-around veranda provides the perfect setting for hosting seasonal & holiday gatherings or simply enjoying the stunning western sunsets. Experience the epitome of luxury living with amenities such as a Fitness & Spa Center, a 24-hour concierge desk and on-site manager to cater to your every need. With its prime location on Palm Avenue, you'll have easy access to the vibrant downtown scene, including renowned restaurants, theaters, art galleries, and more. Don't miss this opportunity to own a piece of sophistication in Sarasota. Schedule your private tour today and discover the endless possibilities awaiting you at 340 S. Palm Ave.
Full Property Details
Full Property Details for 340 S Palm Ave #PL1
General
- Sold For: $1,075,000
- HOA FEE: $2,437/month
- HOA FEE FREQ.: Quarterly
- Taxes: $18,912 (2023)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4634920
- Added to Site: 373 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 9
- Interior Features: High Ceilings, Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Electric, Master Bedroom
- Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Flooring: Porcelain Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Shared Amenities: Fitness Center, Lobby Key Required, Security
- Pool Description: Heated, In Ground, Lap
- Spa: Yes
- Spa Description: In Ground
- Security/Safety: Closed Circuit Camera(s), Fire Sprinkler System
Exterior
- Exterior Features: Balcony, Lighting, Outdoor Grill, Sidewalk, Storage
- Deck/Patio: Wrap Around
- Porch/Patio/Deck: Wrap Around
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Assigned, Covered, Deeded, Garage Door Opener, Ground Level, Guest
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Subdivision: SARABANDE
- Driving Directions: US41/Mound Ave or Ringling Blvd to Palm Avenue. Palm Ave to Sarabande. Guest parking on site.
- Direction Faces: East
School Information
- Elementary School: Southside Elementary
- Middle School: Booker Middle
- High School: Sarasota High
Community
- Community Name: 34236 - Sarasota
- Community Features: Fitness Center, Pool
- Optional Amenities: Fitness Center, Lobby Key Required, Security
- Assoc. Name: Kyanne Merrill
- Assoc. Fees Include: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: Owner's Pets only. See Association Docs for Rules, Regulations, Restrictions
- Management Type: On Site Property Manager
- Mgmt. Company: On Site Property Manager
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Concrete
- Roof: Metal
- Common Walls: Corner Unit, End Unit
- Windows: Storm Window(s), Tinted Windows, Window Treatments
- Stories/Levels: One
- Square Feet: 2,313
- Sq. Ft. Source: Public Records
- Living Area: 2,313 Sq. Ft.
- Year Built: 1998
Lot Features
- Property View: City, Pool, Trees/Woods, Water
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water View: Yes
Financial Considerations
- Condo Fee: $7,310
- Condo Fee Freq: Quarterly
- Tax Amount: $18,912.74
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT PL-1 SARABANDE
- Flood Zone Info: AE
- APN: 2027114057
- Property ID: 2027114057
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Schools
Schools serving 340 S Palm Ave #PL1
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Southside Elementary School, Sarasota, FL 1901 Webber Street, Sarasota, FL 34239 | PK-5 | 1.7 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2.6 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 1.1 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 340 S Palm Ave #PL1
Date
Details
Price
Change
Source
11/21/2025
Sold
$1,075,000
-16.67%
MLS
3/07/2025
Price Reduced
$1,290,000
-13.42%
MLS
2/25/2025
Price Reduced
$1,490,000
-9.7%
MLS
1/10/2025
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
340 S Palm Avenue #PL1, Sarasota, FL 34236 (MLS# A4634920) is a Condo property that was sold at $1,075,000 on November 21, 2025. This property was listed by Michael Ballantyne from our Sarasota Central Office.Want to learn more about 340 S Palm Avenue #PL1? 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.


