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For sale
  • Price cut: $100K (5/5)
    $1,250,000

    340 S PALM AVENUE #14, SARASOTA, FL 34236

    2beds
    1,774sqft
    Condominium
    Built in 1998
    -- sqft lot
    $1,173,700 Zestimate®
    $705/sqft
    $1,903/mo HOA

    What's special

    Set along the iconic South Palm Avenue, renowned for its quiet sophistication and gallery-lined streets, Residence #14 at Sarabande Sarasota offers a rare opportunity to own a home defined by protected, unobstructed views of Sarasota Bay. THIS is Palm Avenue living at its most refined, where a neighborhood-like setting meets effortless access to art galleries, boutique shopping, acclaimed dining, and Whole Foods Market all just moments away, yet peacefully removed from the pace of downtown. A THOUGHTFULLY DESIGNED RESIDENCE: Spanning 1,776 square feet, this residence offers two bedrooms + an office/den and two bathrooms, designed with both privacy and versatility in mind. A PRIVATE GUEST SUITE positioned at the entrance of the residence creates a welcoming yet secluded experience for visitors. A MULTI-FUNCTIONAL OFFICE/DEN, complete with an in-wall Murphy bed, easily transforms into a third bedroom. THE OPEN CONCEPT KITCHEN is spacious and inviting, perfect for those who love to cook while remaining connected to guests. THE GREAT ROOM is filled with natural light and framed by lush palm-lined greenery, creating a serene backdrop that enhances the home’s tranquil ambiance. THE VIEW: Protected, Enduring, Exceptional! WHAT truly elevates this residence is its unique positioning on the first full level of residences, offering a rare combination: 1 - Peek-a-boo yet unobstructed view of Sarasota Bay. 2 - A vantage point that balances privacy, greenery, and water 3 - Protected sightlines that enhance long-term value and desirability. Enjoy city and bay views from the great room primary suite and terrace, an understated yet powerful feature for the discerning buyer seeking a view that endures. STEP onto your private terrace, perfectly suited for al fresco dining, morning coffee, or sunset evenings overlooking the bay. ELEVATED COMFORT AND CONVENIENCE: DEDICATED laundry room with sink and stackable washer/dryer. ONE secured parking space, pre-wired for an EV charger. A Private storage unit for storing extra must haves. AMPLE guest parking allows friends and family to visit with ease. A BUILDING THAT WELCOMES YOU HOME! Sarabande Sarasota has recently undergone thoughtful enhancements, including: A refreshed lobby with an inviting arrival experience. Exterior repainting and upgraded elevator systems. THE result is a building that feels polished, welcoming, and aligned with today’s luxury expectations. AMENITIES Designed for Lifestyle & Wellness: Residents enjoy a well-appointed collection of amenities, including: -Club Room for entertaining and social gatherings -Board/Conference Room for business needs -Two pools, including a dedicated lap pool -Spa and steam room for relaxation and rejuvenation. There is also a Fitness center with a private room to accommodate personal massage services. Enjoy the outdoor grilling area for casual entertaining poolside. A lifestyle that seamlessly blends wellness, convenience, and community. THE PALM AVENUE LIFESTYLE - For the buyer seeking a quiet, refined setting with protected Sarasota Bay views, Residence #14 offers a compelling opportunity where location, layout, and lifestyle align with intention. SCHEDULE your private showing and experience Palm Avenue living firsthand.
    97 days
    |
    378
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Otte 941-281-5472,

    DOUGLAS ELLIMAN 941-867-6199

    Source: Stellar MLS,MLS#: A4690211MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      • Area: 270 Square Feet
      • Dimensions: 15x18
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 208 Square Feet
      • Dimensions: 13x16
      Primary bathroom
      • Features: Built-In Shower Bench, En Suite Bathroom, Shower No Tub
      • Level: First
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Bathroom 2
      • Features: Shower No Tub
      • Level: First
      • Area: 66 Square Feet
      • Dimensions: 6x11
      Balcony porch lanai
      • Level: First
      • Area: 238 Square Feet
      • Dimensions: 14x17
      Balcony porch lanai
      • Level: First
      • Area: 65 Square Feet
      • Dimensions: 13x5
      Den
      • Level: First
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Dining room
      • Level: First
      • Area: 242 Square Feet
      • Dimensions: 11x22
      Foyer
      • Level: First
      • Area: 60 Square Feet
      • Dimensions: 10x6
      Kitchen
      • Level: First
      • Area: 189 Square Feet
      • Dimensions: 9x21
      Laundry
      • Level: First
      • Area: 54 Square Feet
      • Dimensions: 6x9
      Living room
      • Level: First
      • Area: 462 Square Feet
      • Dimensions: 22x21
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Oven, Cooktop, Dishwasher, Dryer, Range Hood, Refrigerator, Washer, Wine Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • High Ceilings, Open Floorplan, Stone Counters
      • Flooring: Porcelain Tile
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 2,048
      • Total interior livable area: 1,774 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage - Attached
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Other
      • Has spa: Yes
      • Has view: Yes
      • View description: Bay/Harbor - Full
      • Has water view: Yes
      • Water view: Bay/Harbor - Full
      • Body of water: SARASOTA BAY
      Details
      • Parcel number: 2027114004
      • Zoning: DTB
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete
      • Foundation: Pillar/Post/Pier
      • Roof: Membrane
      Condition
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Pool
      • Pet fee: $0 monthly
      • Subdivision: SARABANDE
      HOA
      • Has HOA: No
      • Amenities included: Elevator(s), Fitness Center, Lobby Key Required, Pool, Spa/Hot Tub
      • Services included: 24-Hour Guard, Cable TV, Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
      • HOA fee: $1,903 monthly
      • HOA name: Kyanne Merrill
      • HOA phone: 941-957-1639
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $705/sqft
      • Tax assessed value: $843,900
      • Annual tax amount: $9,959
      • Date on market: 4/23/2026
      • Cumulative days on market: 97 days
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        $1,173,700

        $1.12M - $1.23M

        $6,144/mo

        Price history

        DateEventPrice
        7/8/2026Listed for sale$1,250,000$705/sqft
        Source: Stellar MLS #A4690211 Report a problem
        7/8/2026Contingent$1,250,000$705/sqft
        Source: Stellar MLS #A4690211 Report a problem
        5/5/2026Price change$1,250,000-7.4%$705/sqft
        Source: Stellar MLS #A4690211 Report a problem
        4/23/2026Listed for sale$1,350,000+109.3%$761/sqft
        Source: Stellar MLS #A4690211 Report a problem
        9/13/2012Sold$645,000-4.4%$364/sqft
        Source: Public Record Report a problem
        7/25/2012Pending sale$675,000$380/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        7/19/2012Price change$675,000-2.9%$380/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        5/24/2012Price change$695,000-4.1%$392/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        5/9/2012Listed for sale$725,000$409/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,958 +5.1%$679,485 +2.9%
        2024$9,470 +2.9%$660,335 +3%
        2023$9,201 +2.8%$641,102 +3%
        2022$8,954 -0.8%$622,429 +3%
        2021$9,024 -25.6%$604,300 -22.9%
        2020$12,122 +2.6%$784,017 +2.3%
        2019$11,810 $766,390 +1.9%
        2018$11,810 +1.7%$752,100 -10.9%
        2017$11,618 -2.9%$843,800 0%
        2016$11,971 $844,100 +13.7%
        2015$11,971 $742,600 +36.5%
        2014$11,971 +24.7%$543,900
        2013$9,596 +0.5%$543,900 -1.6%
        2012$9,546 +1.6%$553,000
        2011$9,392 -2%$553,000 -0.4%
        2010$9,586 -15.5%$555,000 -15.9%
        2009$11,345 $659,900 -6.5%
        2008$11,345 -9.8%$705,700 -9.2%
        2007$12,577 $777,500 -3.8%
        2006-- $808,500 +8%
        2005-- $748,826 +18.7%
        2004$11,385 +8.3%$630,800 +12%
        2003$10,512 +29.9%$563,214 +29%
        2002$8,094 +26.4%$436,600 +21%
        2001$6,405 +2.2%$360,844 +3%
        2000$6,265 $350,334
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        96 / 100
        Walker's Paradise
        46 / 100
        Some Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Southside Elementary
        • Middle: Brookside Middle
        • High: Sarasota High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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