Date
Details
Price
Change
Source
1/22/2026
Listed
$2,999,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/82
$2,999,900 Sale Pending
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Property Description
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Unobstructed water views take center stage in this rarely available residence at Tessera, ideally positioned on esteemed Palm Avenue. Offering breathtaking vistas of Sarasota Bay and the Gulf of Mexico, this exceptional condo presents a unique opportunity for its next owner to thoughtfully customize a truly special waterfront home. Tessera is prized for its quiet, serene setting while remaining effortlessly connected to the energy of downtown Sarasota. With only 24 private residences in the building and two residences on Level 9, the building delivers an elevated sense of privacy that discerning buyers value. The arrival is nothing short of impressive, featuring paneled solid wood doors that open to a gracious foyer with an immediate, unobstructed view of the water beyond. The thoughtfully designed split floor plan with 3,315 sq ft of interior space includes a private office near the entry, two en-suite guest bedrooms on one wing, and an expansive primary suite on the opposite side. The primary retreat is exceptional in scale, offering sweeping water views, two oversized closets rarely found in newer construction, an additional closet within one of the two primary bathrooms, and direct access to the terrace creating an inviting way to begin each morning. The Great Room is wrapped in floor-to-ceiling glass, capturing Sarasota's ever-changing coastal beauty. A generous wraparound terrace extends from the Great Room to the kitchen, creating the perfect backdrop for sunsets, watching yachts glide through the marina, and admiring the iconic John Ringling Causeway leading to Longboat Key, St. Armands, and Lido Key. Completing this offering are two private single-car garages-an exceptional rarity in downtown condominium living. Amenities include a recently update fitness center and an outdoor pool that is perfect for swimming laps. Relax in the spa located near the pool in this private and serene setting. This is a remarkable chance to transform a coveted Tessera residence into a refined waterfront showpiece while enjoying Sarasota's vibrant arts scene, boating lifestyle, pristine beaches, and an array of celebrated dining destinations just moments from your door.
Full Property Details
Full Property Details for 500 S Palm Ave #92
General
- Price: $2,999,900
- HOA FEE: $2,883/month
- HOA FEE FREQ.: Quarterly
- Taxes: $22,411 (2025)
- Status: Pending
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4676977
- Updated: 2/17/2026
- Added to Site: 34 day(s) ago
Rental Information
- Min. Lease: 1-2 Years
Interior
- Number of Rooms: 15
- Interior Features: Ceiling Fan(s)
- Appliances: Built-In Oven, Cooktop, Dishwasher, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: Balcony, Sliding Doors, Storage
- Deck/Patio: Patio, Wrap Around
- Porch/Patio/Deck: Patio, Wrap Around
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Deeded, Garage Door Opener, Guest, Under Building
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Subdivision: TESSERA
- Driving Directions: Heading West on Fruitville Road. Turn left on Washington Blvd and then right onto Mount Street. Turn right onto S Palm Avenue. Tessera will on your left hand side.
- Direction Faces: West
Community
- Community Name: 34236 - Sarasota
- Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, Pool
- Assoc. Name: Advanced Management / Honna Nisbet
- Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: Lessees, or guests of owners or lessees will not be permitted to bring pets onto the premises under any circumstances. Buyer's responsibility to review the pet policy and/or contact association for clarification., / 50lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Concrete
- Stories/Levels: One
- Square Feet: 3,315
- Sq. Ft. Source: Public Records
- Year Built: 2000
Lot Features
- Property View: City, Water
- Street/Road Desc.: Paved
Water Features
- Water View: Yes
Financial Considerations
- Condo Fee: $8,650
- Condo Fee Freq: Quarterly
- Tax Amount: $22,411
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 92 TESSERA
- Flood Zone Info: X
- APN: 2027145018
- Property ID: 2027145018
Listed by Douglas Elliman
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 500 S Palm Ave #92 —
Douglas Elliman
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 500 S Palm Ave #92
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Southside Elementary School, Sarasota, FL 1901 Webber Street, Sarasota, FL 34239 | PK-5 | 1.6 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2.7 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 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 500 S Palm Ave #92
Tax History
Tax History for 500 S Palm Ave #92
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,641
1%
$1,499,355
3%
2024
$21,336
3%
$1,457,099
3%
2023
$20,767
1%
$1,414,659
6%
2021
$20,520
1%
$1,333,451
-3%
2022
$20,315
-1%
$1,373,455
4%
2021
$20,520
1%
$1,315,040
2%
2019
$20,241
2%
$1,285,474
2%
2018
$19,920
1%
$1,261,505
2%
2017
$19,696
—
$1,235,558
2%
2016
$19,728
-1%
$1,210,145
1%
2015
$20,027
—
$1,201,733
1%
2014
$20,013
—
$1,192,195
2%
2013
$19,979
—
$1,174,576
—
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 500 S Palm Ave #92
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500 S Palm Avenue #92, Sarasota, FL 34236 (MLS# A4676977) is a Condo property with 3 bedrooms and 4 full bathrooms. 500 S Palm Avenue #92 is currently listed for $2,999,900 and was received on January 22, 2026. Want to learn more about 500 S Palm Avenue #92? 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.