One or more photo(s) has been virtually staged. One or more photos have been virtually staged. Dont miss one of the best-priced condominium residences in downtown Sarasota. This 2,700 SF/three-bedroom/3.5 bath Sarabande condominium boasts an exceptional combination of space and value, with the luxury and convenience of a Palm Avenue location. Whether youre a year-round resident or seasonal snowbird, youll appreciate the size and flow of this home, the well-managed and fully funded community, and the recent payment of a one-time special assessment by the motivated sellers. Step off the elevator into your semi-private foyer, then through the front door into a light-filled 21 x 21 ft. living area. Floor-to-ceiling windows frame the city, and a comfortable terrace with bridge and city views invites you to relax and unwind. The adjacent dining area, featuring a custom-built buffet, easily accommodates 8-10 guests, making it an ideal space for family gatherings or entertaining friends. Continue to the kitchen with a center island and dining bar, ample cabinet space, cozy eat-in breakfast area, built-in workspace, and direct terrace access. Through a set of double doors, the spacious owners retreat features a striking wall of windows and a modern en-suite bath with dual vanities, a large shower, a separate water closet, and two walk-in closets. Comfortably removed from the living and owner spaces, your guests will enjoy their own quarters, complete with an en-suite bath, ensuring luxury and privacy. The third en-suite is yours to customize; whether you envision it as a third bedroom, media room, home office, or an art studio, the choice is yours. A separate powder bath is available to visitors. There is no shortage of storage throughout this spacious home, with closets in the entry and guest area, a pantry, a cedar-lined closet, and generous built-in closets in each bedroom. The residence also includes two garage parking spaces and a storage area. Sarabande boasts professional 24/7 staffing and meticulously maintained amenities: a heated lap pool, a second plunge pool, a large spa, and a grilling area. Stay fit in the well-equipped fitness center, which includes a massage room, sauna, and changing areas. Additional perks include two guest suites, a wine locker, a library, a boardroom, and a spacious community event area with an expansive terrace and full kitchen. Grandly situated across from Sarasota Bay & the marina, Sarabande is a refined urban retreat with the theaters, galleries, shops, spas, and restaurants of Palm Ave and Main St. just outside your door. The sellers are motivated, and the home is comfortably move-in ready.
Sold for $1,150,000
$1,150,000
340 S Palm Ave Unit 15, Sarasota, FL 34236
3beds
2,761sqft
Condominium
Built in 1998
-- sqft lot
$1,124,900 Zestimate®
$417/sqft
$7,890 Estimated rent
Home value
$1,124,900
$1.02M - $1.24M
$7,890/mo
Zestimate® history
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Source: Douglas Elliman,MLS#: A4596801
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Interior area
- Total structure area: 2,761
- Total interior livable area: 2,761 sqft
Property
Parking
- Total spaces: 2
- Parking features: GarageAttached
- Has attached garage: Yes
Features
- Patio & porch: Patio
- Has view: Yes
- View description: City, Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 1.29 Acres
Details
- Parcel number: 2027114005
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
Condition
- Year built: 1998
Community & HOA
Community
- Subdivision: SARASOTA
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $417/sqft
- Tax assessed value: $1,194,700
- Annual tax amount: $18,422
- Date on market: 1/31/2024
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2025 | Sold | $1,150,000$417/sqft |
Source: Public Record Report a problem | ||
| 7/16/2025 | Listing removed | $1,150,000$417/sqft |
Source: | ||
| 6/5/2025 | Price change | $1,150,000-10.5%$417/sqft |
Source: | ||
| 4/28/2025 | Price change | $1,285,000-4.8%$465/sqft |
Source: | ||
| 4/17/2025 | Price change | $1,350,000-14%$489/sqft |
Source: | ||
| 2/24/2025 | Price change | $1,570,000-4.8%$569/sqft |
Source: | ||
| 11/19/2024 | Listed for sale | $1,650,000-7.8%$598/sqft |
Source: | ||
| 8/28/2024 | Listing removed | -- |
Source: | ||
| 7/23/2024 | Price change | $1,790,000-5.3%$648/sqft |
Source: | ||
| 3/15/2024 | Price change | $1,890,000-4.3%$685/sqft |
Source: | ||
| 1/31/2024 | Listed for sale | $1,975,000+58%$715/sqft |
Source: | ||
| 12/16/2008 | Sold | $1,250,000+52.4%$453/sqft |
Source: Public Record Report a problem | ||
| 5/6/2003 | Sold | $820,000+33.8%$297/sqft |
Source: Public Record Report a problem | ||
| 10/20/1998 | Sold | $612,700$222/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,422 -2.2% | $1,194,700 +4.5% |
| 2024 | $18,844 +6.4% | $1,143,728 +10% |
| 2023 | $17,703 +9.6% | $1,039,753 +10% |
| 2022 | $16,155 +17.9% | $945,230 +10% |
| 2021 | $13,707 -27.9% | $859,300 -26.6% |
| 2020 | $19,020 +1.7% | $1,170,600 +2.7% |
| 2019 | $18,702 | $1,139,380 +10% |
| 2018 | $18,702 +10.8% | $1,035,800 -12% |
| 2017 | $16,879 -3.4% | $1,176,724 -3.3% |
| 2016 | $17,478 | $1,217,200 +13.7% |
| 2015 | $17,478 | $1,070,800 +36.5% |
| 2014 | $17,478 +26.2% | $784,400 |
| 2013 | $13,844 +5.6% | $784,400 -1.5% |
| 2012 | $13,110 +1.7% | $796,300 |
| 2011 | $12,893 -6.7% | $796,300 -5% |
| 2010 | $13,822 -9% | $838,200 -15.9% |
| 2009 | $15,190 | $996,500 +1.5% |
| 2008 | $15,190 -0.7% | $981,400 +1.6% |
| 2007 | $15,297 | $966,175 +2.5% |
| 2006 | -- | $942,610 +3% |
| 2005 | -- | $915,155 +3% |
| 2004 | $15,606 +53.7% | $888,500 +57.7% |
| 2003 | $10,153 +3.7% | $563,502 +2.4% |
| 2002 | $9,788 +7.2% | $550,295 +1.6% |
| 2001 | $9,130 +1.9% | $541,629 +3% |
| 2000 | $8,958 | $525,853 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 10/10Southside Elementary SchoolGrades: K-5Distance: 1.8 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 2.6 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,124,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,124,900
- Florida
- Sarasota County
- Sarasota
- 34236
- Downtown
- 340 S Palm Ave Unit 15