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Off market
  • $2,353,500

    500 S Palm Ave Unit 32, Sarasota, FL 34236

    3beds
    3,315sqft
    Condominium
    Built in 2000
    -- sqft lot
    $2,353,500 Zestimate®
    $710/sqft
    $7,801 Estimated rent

    Home value

    $2,353,500

    $2.07M - $2.68M

    $7,801/mo

    Zestimate® history
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    What's special

    One or more photo(s) has been virtually staged. A significant $310,000 price drop! Covid-19 Blowout! Seller will entertain all offers. Luxury awaits in the heart of downtown. The city is at your feet in this elegant, private condominium at "Tessera" overlooking Sarasota Bay in floor to ceiling glass sliders. Spacious split plan with 3315sqft and a gorgeous wrap-around balcony to enjoy your morning coffee or Sarasota Sunsets. Dual blinds for shade or privacy. Updates throughout include new AC in 2020, upgraded granite, immaculately refinished kitchen cabinets, open concept kitchen, new back-splash and modern hardware. The Master en-suite has a his/her bathrooms and walk-in closets. The master bathroom has been updated, and special coated porcelain tile installed. All bathroom glass doors have been upgraded. The den features beautiful, high-end custom-cabinetry. Additional private entrance in one of the en-suites for a live-in aid, home-office or guests. Marble and porcelain tiles throughout. Every day feels like vacation as you enjoy the majestic Royal Palms that provide privacy (only two units per floor and no common walls), and the Bay-front is just across the street offering beautiful walking parks, Marina for your boat and restaurants. Affluent Palm Avenue is at your gate; steps away from shopping, galleries and restaurants, the Sarasota Orchestra, Opera, Ballet, and Selby Gardens. Have your morning walk over the Ringling Bridge or drive to the St Armand's Circle for more shops, and beautiful Lido Beach. Amenities include a heated lap pool, steam room, fitness ctr, and secure two-car garage with additional security features.

    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.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Split Bedroom, Walk-In Closet(s), Thermostat, Kitchen/Family Room Combo, Elevator, Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments, L Dining
    • Flooring: Tile
    • Windows: Insulated Windows, Blinds, Window Treatments
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 3,315 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Levels: One
    • Patio & porch: Patio, Covered, Wrap Around
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Water, City
    • Has water view: Yes
    • Water view: Water
    Lot
    • Features: Near Public Transit, Sidewalk, Street Paved, Near Marina
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 2027145006
    • Zoning: DTB

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Condominium
    Materials
    • concrete
    • Foundation: Piling
    • Roof: Tile
    Condition
    • Year built: 2000

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Secured Garage / Parking, Security Fencing/Lighting/Alarms, Security Gate, Security System, Fire Alarm, Fire Sprinkler System, Key Card Entry, Closed Circuit Camera(s), Medical Alarm
    • Subdivision: Tessera
    HOA
    • Has HOA: Yes
    • Amenities included: Cable, Elevators, Fitness Center, Maintenance, Security, Spa/Hot Tub, Fence Restrictions, Gated, Lobby Key Required
    • Services included: Community Pool, Maintenance Grounds, Security, Trash, Cable TV, Maintenance Exterior, Pest Control, Pool Maintenance, Sewer, Water, Internet, Manager
    • HOA fee: $1,866 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $710/sqft
    • Tax assessed value: $1,994,200
    • Annual tax amount: $18,111
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    8/5/2020Sold$1,675,000-11.4%$505/sqft
    Source: Public Record Report a problem
    6/26/2020Pending sale$1,890,000$570/sqft
    Source: KELLER WILLIAMS ON THE WATER #A4450555 Report a problem
    3/30/2020Price change$1,890,000-14.1%$570/sqft
    Source: KELLER WILLIAMS ON THE WATER #A4450555 Report a problem
    11/12/2019Listed for sale$2,200,000+31328.6%$664/sqft
    Source: KELLER WILLIAMS ON THE WATER #A4450555 Report a problem
    10/23/2018Listing removed$7,000$2/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4407734 Report a problem
    10/21/2018Sold$7,000-99.5%$2/sqft
    Source: Stellar MLS #A4407734 Report a problem
    8/10/2018Price change$7,000-6.7%$2/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4407734 Report a problem
    7/15/2018Price change$7,500-3.8%$2/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4407734 Report a problem
    7/6/2018Listed for rent$7,800$2/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4407734 Report a problem
    6/5/2018Listing removed$7,800$2/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4403961 Report a problem
    5/29/2018Price change$7,800+8.3%$2/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4403961 Report a problem
    5/23/2018Listed for rent$7,200+22%$2/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4403961 Report a problem
    4/24/2014Listing removed$5,900$2/sqft
    Source: JENNETTE PROPERTIES INC #A3992019 Report a problem
    4/5/2014Price change$5,900-1.7%$2/sqft
    Source: JENNETTE PROPERTIES INC #A3992019 Report a problem
    2/2/2014Listed for rent$6,000+9.1%$2/sqft
    Source: JENNETTE PROPERTIES INC #A3992019 Report a problem
    11/25/2013Listing removed$5,500$2/sqft
    Source: COLDWELL BANKER RES R E #A3974292 Report a problem
    9/1/2013Price change$5,500-8.3%$2/sqft
    Source: Coldwell Banker Residential Real Estate (99010713) Report a problem
    6/1/2013Price change$6,000-6.3%$2/sqft
    Source: Coldwell Banker Residential Real Estate (99010713) Report a problem
    2/27/2013Listed for rent$6,400$2/sqft
    Source: Coldwell Banker Residential Real Estate (99010713) Report a problem
    5/27/2011Listing removed$1,495,000$451/sqft
    Source: SIGNATURE SOTHEBYS INTERNAT'L #A3933541 Report a problem
    2/7/2011Price change$1,495,000-11.8%$451/sqft
    Source: Signature Sotheby's International Realty #A3933541 Report a problem
    9/17/2010Listed for sale$1,695,000$511/sqft
    Source: Signature Sotheby's International Realty #A3921629 Report a problem
    8/14/2010Listing removed$1,695,000$511/sqft
    Source: Signature Sotheby's International Realty #A3921629 Report a problem
    4/2/2010Listed for sale$1,695,000+61.4%$511/sqft
    Source: Signature Sotheby's International Realty #A3921629 Report a problem
    10/19/2001Sold$1,050,000$317/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,111 +5.1%$1,205,407 +2.9%
    2024$17,232 +2.8%$1,171,435 +3%
    2023$16,758 +2.7%$1,137,316 +3%
    2022$16,320 -0.9%$1,104,190 +3%
    2021$16,474 -28.6%$1,072,029 -24.5%
    2020$23,065 -3.4%$1,419,900 -3.7%
    2019$23,877 $1,474,600 +6.5%
    2018$23,877 +6%$1,385,200 -7%
    2017$22,522 -2.8%$1,489,500 0%
    2016$23,171 $1,490,100 +6.6%
    2015$23,171 $1,398,200 +29.2%
    2014$23,171 +21.6%$1,082,000
    2013$19,060 +6.5%$1,082,000 +4.4%
    2012$17,896 +10.6%$1,036,500 +8.9%
    2011$16,179 -2.8%$951,900 -1%
    2010$16,651 -18.8%$961,500 -15.9%
    2009$20,499 $1,143,300 -10.2%
    2008$20,499 +9.3%$1,273,700 +8.2%
    2007$18,752 $1,177,026 +2.5%
    2006-- $1,148,318 +3%
    2005-- $1,114,872 +3%
    2004$19,236 +3.7%$1,082,400 +10%
    2003$18,546 +19.2%$984,000 +20%
    2002$15,555 +7.8%$820,000 +2.5%
    2001$14,434 $800,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

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

    Source: The 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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    Estimated market value
    $2,353,500
    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
    $2,353,500