Experience exquisite Bay views from one of downtown Sarasota's most coveted residences. Sarabande, located on scenic Palm Avenue directly across from the bayfront and marina, offers luxury and comfort with the perks of living downtown Sarasota. Situated on the 8th level, in the center of the building, this condominium boasts one of the largest terraces, perfect for entertainting. Floor-to-ceiling windows enhance the spaciousness of the residence while bathing the well-appointed interior with natural light, highlighting the gorgeous new porcelain tile flooring. The kitchen is a masterpiece of modernity, adorned with sleek stainless-steel appliances and new quartz countertops. Enjoy looking out over the water as you create culinary delights. The third bedroom was converted to a den that opens to the living room and features water views. The roomy owner's suite includes 3 walk-in closets and an updated en-suite bathroom featuring contemporary white cabinetry, quartz countertops, an expansive walk-in shower, double sinks, and ample storage. The east-facing private terrace, accessed via the owner's suite and the second bedroom, offers panoramic city views and beautiful sunrises. Sarabande is a testament to refined living and includes state-of-the-art amenities such as a 24-hour concierge, 2 pools, a spa, fitness center, massage room, steam room, 2 guest suites, club room with catering kitchen, library and wine storage. One parking space and storage are also included. The theater district, restaurants and shops are a short stroll away while white-sand beaches, St. Armands Circle and the airport are within easy driving distance.
Sold for $2,500,000
$2,500,000
340 S PALM AVENUE #53, SARASOTA, FL 34236
3beds
2,437sqft
Condominium
Built in 1998
-- sqft lot
$2,265,600 Zestimate®
$1,026/sqft
$7,103 Estimated rent
Home value
$2,265,600
$2.04M - $2.51M
$7,103/mo
Zestimate® history
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List your homeWhat's special
Contemporary white cabinetryMassage roomArmands circleFitness centerClub roomCatering kitchenExquisite bay views
Zillow last checked:
Listing updated:
Listed by:
Bibi-Ann Allard, PA 941-685-0422,
MICHAEL SAUNDERS & COMPANY 941-951-6660
Bought with:
Ian McPherson, 3439111
COLDWELL BANKER REALTY
Source: Stellar MLS,MLS#: A4578396
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Dual Sinks, Shower No Tub
- Level: First
- Dimensions: 16x20
Bedroom 2
- Features: Built-In Shelving
- Level: First
- Dimensions: 12x11
Balcony porch lanai
- Level: First
- Dimensions: 32x10
Balcony porch lanai
- Level: First
- Dimensions: 35x11
Den
- Level: First
- Dimensions: 16x13
Dining room
- Level: First
- Dimensions: 17x12
Great room
- Level: First
- Dimensions: 18x31
Kitchen
- Level: First
- Dimensions: 14x15
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Built-in Features, High Ceilings, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
- Flooring: Carpet, Porcelain Tile
- Doors: Sliding Doors
- Windows: Shades, Tinted Windows
- Has fireplace: No
Interior area
- Total structure area: 3,117
- Total interior livable area: 2,437 sqft
Property
Parking
- Total spaces: 1
- Parking features: Deeded, Guest, Under Building
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Storage
- Has view: Yes
- View description: Water, Bay/Harbor - Full, Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full,Gulf/Ocean - Partial
- Waterfront features: Bay/Harbor Access
- Body of water: SARASOTA BAY
Details
- Parcel number: 2027114018
- Zoning: DTB
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
Materials
- Block, Concrete, Stucco
- Foundation: Slab
- Roof: Other
Condition
- Completed
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Pool
- Security: Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: SARABANDE
HOA
- Has HOA: No
- Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Maintenance, Other, Pool, Security, Spa/Hot Tub, Storage
- Services included: Community Pool, Reserve Fund, Insurance, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
- HOA fee: $2,604 monthly
- HOA name: Kyanne Merrill
- HOA phone: 941-957-1639
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $1,026/sqft
- Tax assessed value: $1,668,300
- Annual tax amount: $17,788
- Date on market: 8/7/2023
- Cumulative days on market: 34 days
- Listing terms: Cash
- Ownership: Condominium
- Total actual rent: 0
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2024 | Listing removed | -- |
Source:  Michael Saunders & Company Report a problem | ||
| 11/7/2023 | Sold | $2,500,000-6.5%$1,026/sqft |
Source:  Stellar MLS #A4578396 Report a problem | ||
| 9/11/2023 | Pending sale | $2,675,000$1,098/sqft |
Source: Stellar MLS #A4578396 Report a problem | ||
| 8/7/2023 | Listed for sale | $2,675,000+91.8%$1,098/sqft |
Source: Stellar MLS #A4578396 Report a problem | ||
| 8/5/2015 | Sold | $1,395,000$572/sqft |
Source: Public Record Report a problem | ||
| 3/28/2015 | Listing removed | $1,395,000$572/sqft |
Source: Coldwell Banker Residential Real Estate - Longboat Key #A4118036 Report a problem | ||
| 3/25/2015 | Listed for sale | $1,395,000+5.3%$572/sqft |
Source: Coldwell Banker Residential Real Estate - Longboat Key #A4118036 Report a problem | ||
| 3/28/2010 | Listing removed | $1,325,000$544/sqft |
Source: NRT Florida #A3921982 Report a problem | ||
| 2/28/2010 | Listed for sale | $1,325,000+42.1%$544/sqft |
Source: NRT Florida #A3921982 Report a problem | ||
| 5/2/2002 | Sold | $932,500$383/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,813 -13.7% | $1,668,300 -15.3% |
| 2024 | $28,742 +57.7% | $1,969,800 +58% |
| 2023 | $18,230 +2.5% | $1,247,088 +3% |
| 2022 | $17,788 -1% | $1,210,765 +3% |
| 2021 | $17,967 -1.6% | $1,175,500 +0.9% |
| 2020 | $18,267 +2.6% | $1,164,506 +2.3% |
| 2019 | $17,804 | $1,138,325 +1.9% |
| 2018 | $17,804 +1.6% | $1,117,100 -4.7% |
| 2017 | $17,520 +37.6% | $1,172,800 0% |
| 2016 | $12,736 | $1,173,100 +13.7% |
| 2015 | $12,736 | $1,032,000 +36.6% |
| 2014 | $12,736 +0.3% | $755,600 |
| 2013 | $12,700 +0.3% | $755,600 -1.7% |
| 2012 | $12,667 +2.1% | $769,000 |
| 2011 | $12,402 -2.5% | $769,000 -0.4% |
| 2010 | $12,723 -10% | $771,800 -15.6% |
| 2009 | $14,134 | $914,040 +0.1% |
| 2008 | $14,134 +0.6% | $913,127 +3% |
| 2007 | $14,051 | $886,531 +2.5% |
| 2006 | -- | $864,908 +3% |
| 2005 | -- | $839,717 +3% |
| 2004 | $14,324 -1.3% | $815,259 +1.9% |
| 2003 | $14,507 +26.5% | $800,058 +29% |
| 2002 | $11,467 +27.2% | $620,200 +21% |
| 2001 | $9,018 +1.3% | $512,551 +3% |
| 2000 | $8,902 | $497,622 |
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
$2,265,600
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Estimated market value
$2,265,600
- Florida
- Sarasota County
- Sarasota
- 34236
- Downtown
- 340 S PALM AVENUE Unit 53
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