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$1,450,000
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Property Description
Smart Home
One or more photo(s) has been virtually staged. Hidden Gem in Downtown Sarasota - Boutique Luxury Living at Kanaya Rare 5th-floor NW-facing corner residence in one of Sarasota's most sought-after boutique buildings. Over 3,000 sq. ft. of light-filled space with 3 bedrooms, 3.5 baths, private office/den, and two balconies plus access to the best rooftop terrace in Downtown Sarasota. Feels like a single-family home with extra square footage, superior soundproofing, and privacy. Features include a semi-private elevator, two deeded garage spaces, two private storage rooms, smart home wiring, and whole-building generator backup. Freshly painted interiors, open-concept layout, and a refreshed kitchen with abundant storage. Owner's suite offers spa-style bath, walk-in closet, and flex space with balcony access. Guest suites have en-suite baths and private balconies. Resort-style amenities: 60-ft heated lap pool, rooftop terrace, yoga room, sauna, fitness center, and indoor lounge. Pet-friendly, financially solid building with Milestone Inspection completed. Leave the car parked and walk everywhere-Marina Jack, Selby Gardens, Whole Foods, theaters, restaurants, farmers market, and First Friday events-without the noise and congestion. Now vacant and move-in ready for season. Owners are motivated; recent price reduction reflects exceptional value. Kanaya Sarasota: Where lifestyle meets location.
Full Property Details
Full Property Details for 505 S Orange Ave #501
General
- Sold For: $1,450,000
- HOA FEE: $2,322/month
- HOA FEE FREQ.: Quarterly
- Taxes: $7,745 (2024)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4667158
- Added to Site: 95 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Elevator, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
- Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Flooring: Concrete, Reclaimed Wood, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Shared Amenities: Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Storage
- Pool Description: Auto Cleaner, Heated, In Ground, Lap
- Spa Description: In Ground
- Security/Safety: Fire Alarm, Fire Sprinkler System, Key Card Entry, Security Gate, Security Lights, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Sidewalk, Sliding Doors
- Deck/Patio: Patio, Side Porch
- Porch/Patio/Deck: Patio, Side Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Assigned, Covered, Electric Vehicle Charging Station(s), Guest, Under Building
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Subdivision: KANAYA
- Driving Directions: Take Fruitville heading west turn right on Osprey. Drive two blocks 433 N. Osprey is located on the left-hand side parking out front.
- Direction Faces: West
School Information
- Elementary School: Southside Elementary
- Middle School: Booker Middle
- High School: Sarasota High
Community
- Community Name: 34236 - Sarasota
- Community Features: Buyer Approval Required, Fitness Center, Pool, Sidewalks, Wheelchair Access
- Optional Amenities: Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Storage
- Association: Yes
- Assoc. Name: Liz Rominger
- Assoc. Fees Include: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: See Condo rules and verify with the condo association., / 100lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water District: SARASOTA BAY, INTRACOASTAL
- Water: Public
- Utility Description: Cable TV Available, Electricity Available, Electricity Connected, Fire Hydrant, Public
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Membrane
- Windows: Storm Window(s), Shutters
- Stories/Levels: One
- Square Feet: 3,003
- Sq. Ft. Source: Public Records
- Living Area: 3,003 Sq. Ft.
- Year Built: 2007
Additional Structures
- Other Structures: Outdoor Kitchen
Lot Features
- Property View: Water
- Street/Road Desc.: Asphalt
Water Features
- Water View: Yes
- Water Front Name: SARASOTA BAY, INTRACOASTAL
Financial Considerations
- Assoc Fee Desc.: None
- Condo Fee: $6,965
- Condo Fee Freq: Quarterly
- Tax Amount: $7,745
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 501, KANAYA
- Flood Zone Info: X
- APN: 2027104008
- Property ID: 2027104008
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Schools
Schools serving 505 S Orange Ave #501
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 | 0.9 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 505 S Orange Ave #501
Date
Details
Price
Change
Source
1/02/2026
Sold
$1,450,000
-9.37%
MLS
11/17/2025
Price Reduced
$1,599,999
-5.27%
MLS
10/14/2025
Listed
$1,689,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 S Orange Avenue #501, Sarasota, FL 34236 (MLS# A4667158) is a Condo property that was sold at $1,450,000 on January 02, 2026. This property was listed by Christine del Monte from our Sarasota Downtown Office.Want to learn more about 505 S Orange Avenue #501? 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.


