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  • $3,320,200

    340 S Palm Ave Unit 245, Sarasota, FL 34236

    4beds
    4,534sqft
    Condo
    Built in 1998
    -- sqft lot
    $3,320,200 Zestimate®
    $732/sqft
    $9,410 Estimated rent

    Home value

    $3,320,200

    $2.92M - $3.79M

    $9,410/mo

    Zestimate® history
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    $9,410/mo

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    Rent Zestimate®

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    $24,522/mo

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    $24,522/mo

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    What's special

    In the heart of downtown Sarasota, the jewel on the Bay, Sarabande - the premiere location on Palm Avenue. Stroll to charming boutiques, world class restaurants, theatres, and a Marina. Exquisitely decorated interior with high end finishes, granite counter tops, sophisticated lighting throughout . This is one of the largest floor plans you will find downtown. Dramatic views of the Sarasota Bay, Marina and City scape. Two inviting balconies for outdoor enjoyment. A very spacious cooks kitchen with ample room for entertaining and cooking. This second floor unit is actually on the 5th building level. Building amenities include 24 hour concierge, fitness center, lap pool, spa, sauna and several activity rooms. Garage with 2 designated spaces close to the elevator. Sarabande is very pet friendly.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet
    Interior area
    • Total interior livable area: 4,534 sqft

    Property

    Parking
    • Parking features: Garage - Attached, Off-street
    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 2027114008

    Construction

    Type & style
    • Home type: Condo
    Materials
    • concrete
    • Foundation: Piers
    • Roof: Metal
    Condition
    • Year built: 1998

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $3,212 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $732/sqft
    • Tax assessed value: $2,822,100
    • Annual tax amount: $32,696

    Price history

    DateEventPrice
    12/4/2018Sold$2,300,000-1.9%$507/sqft
    Source: Agent Provided Report a problem
    10/18/2018Pending sale$2,345,000$517/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4400841 Report a problem
    9/2/2018Price change$2,345,000-6%$517/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4400841 Report a problem
    4/19/2018Listed for sale$2,495,000+8.5%$550/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4400841 Report a problem
    4/19/2012Listing removed$2,300,000$507/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    10/13/2010Listed for sale$2,300,000+17.9%$507/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    6/20/2007Sold$1,950,000$430/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$32,696 +5%$2,168,099 +2.9%
    2024$31,142 +2.7%$2,106,996 +3%
    2023$30,328 +2.5%$2,045,627 +3%
    2022$29,592 -1.1%$1,986,046 +3%
    2021$29,911 +11.1%$1,928,200 +14%
    2020$26,917 +2.6%$1,690,931 +2.3%
    2019$26,243 $1,652,914 +31.2%
    2018$26,243 +30.9%$1,259,920 +2.1%
    2017$20,046 -0.5%$1,234,006 -32.2%
    2016$20,153 $1,820,800 +13.7%
    2015$20,153 +0.1%$1,601,800 +36.5%
    2014$20,138 +0.2%$1,173,100
    2013$20,105 +0.4%$1,173,100 -1.7%
    2012$20,016 -4.9%$1,193,000 -6.5%
    2011$21,050 -6.6%$1,276,000 -5%
    2010$22,546 -16%$1,343,200 -15.9%
    2009$26,838 $1,597,100 -6.5%
    2008$26,838 -13.4%$1,708,000 -11%
    2007$31,004 $1,918,300 -5%
    2006-- $2,019,000 +10.1%
    2005-- $1,833,865 +16.6%
    2004$28,368 +65.3%$1,572,665 +68%
    2003$17,166 +3.8%$935,929 +2.4%
    2002$16,544 +7%$913,993 +1.6%
    2001$15,464 +1.8%$899,599 +3%
    2000$15,191 $873,397
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,320,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,320,200