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$1,650,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,313 Sq. Ft.
  • Updated 13 days ago
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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 for 340 S Palm Ave #PL1

General

  • Price: $1,650,000
  • HOA FEE: $2,437/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $18,912 (2023)
  • Status: Active
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4634920
  • Updated: 1/10/2025
  • Added to Site: 14 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, Secured Garage/Parking

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: Impact Glass/Storm Windows, Tinted Windows, Window Treatments
  • Stories/Levels: One
  • Square Feet: 2,313
  • Sq. Ft. Source: Public Records
  • 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
  • Disclosures/Reports: Condominium Disclosure Available
  • APN: 2027114057
  • Property ID: 2027114057
Buyer's Brokerage Compensation: Contact Listing Agent
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— 340 S Palm Ave #PL1 —

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 340 S Palm Ave #PL1

School District:Sarasota County School District
RatingNameGradesDistance
9
Southside Elementary School, Sarasota, FL
1901 Webber St, Sarasota, FL 34239
PK-51.8 mi
3
Booker Middle School
2250 Myrtle St, Sarasota, FL 34234
6-82.6 mi
5
Sarasota High School
2155 Bahia Vista St, Sarasota, FL 34239
9-121 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/10/2025
Listed
$1,650,000
67.51%
MLS
3/08/2021
Sold
$985,000
—
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 #PL1

Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,447
3%
$1,296,200
3%
2023
$18,913
58%
$1,255,300
67%
2021
$11,970
-32%
$750,600
-35%
2022
$17,610
47%
$1,160,500
98%
2021
$11,970
36%
$587,111
2%
2019
$8,810
2%
$573,911
2%
2018
$8,664
1%
$563,210
2%
2017
$8,563
-3%
$551,626
2%
2016
$8,831
-1%
$540,280
1%
2015
$8,959
—
$536,524
1%
2014
$8,949
—
$532,266
2%
2013
$8,930
—
$524,400
—
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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340 S Palm Avenue #PL1, Sarasota, FL 34236 (MLS# A4634920) is a Condo property with 2 bedrooms, 3 full bathrooms and 1 partial bathroom. 340 S Palm Avenue #PL1 is currently listed for $1,650,000 and was received on January 10, 2025. This property is 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.

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