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Off market
  • $2,324,600

    500 S Palm Ave Unit 41, Sarasota, FL 34236

    3beds
    2,830sqft
    Condominium
    Built in 2000
    -- sqft lot
    $2,324,600 Zestimate®
    $821/sqft
    $7,526 Estimated rent

    Home value

    $2,324,600

    $2.07M - $2.63M

    $7,526/mo

    Zestimate® history
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    What's special

    Poised along Sarasota's premier bayfront along tree-lined Palm Avenue, Tessera offers a level of comfort and exclusivity that buyers from around the world covet. This three-bedroom residence is one of only 24 units in the building and features light and bright living accented by breathtaking southwest views of the marina and bay. A split floor plan that shares no walls with other units, your future home in the sky will live like a single-family residence with spacious living areas that flow from one to the next and large balconies and terraces for the quintessential Florida experience. The eat-in kitchen has wood cabinetry, granite surfaces, and quality stainless steel appliances including a wine cooler. Wake up to scenic treetops in your master suite and greet the day from your private balcony. An en-suite his/ hers spa bath and walk-in closets allow for optimal relaxation and organization. Two additional en-suite bedrooms, one currently staged as an office/den with built in cabinets, round out the home. A private, enclosed, two-car garage is also included with the unit. Tessera is pet-friendly with a future lobby and common area renovation planned this summer. The building has incredible amenities, including a state-of-the-art fitness center, sauna, heated pool, sun deck, and grilling area. Located within Sarasota's vibrant downtown and mere moments from the restaurants, shops, and culture of Burns Court and Main Street. Beaches are a very short drive away!

    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: 3
    • Full bathrooms: 3
    Heating
    • central, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Stone Counters, Walk-In Closet(s), Crown Molding, Living Room/Dining Room Combo, Window Treatments
    • Flooring: Tile, Carpet
    • Windows: Shades
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 2,830 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Garage, Open
    Features
    • Levels: One
    • Patio & porch: Deck, Covered, Wrap Around
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Water, City
    • Has water view: Yes
    • Water view: Water
    • Body of water: SARASOTA BAY
    Lot
    • Features: In City Limits, Sidewalk, Street Paved, Near Marina
    • Residential vegetation: Mature Landscaping, Trees/Landscaped, Oak Trees
    Details
    • Parcel number: 2027145007
    • Zoning: DTB

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary, Florida
    • Property subtype: Condominium
    Materials
    • concrete
    • Foundation: Piling
    • Roof: Other
    Condition
    • Year built: 2000

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Secured Garage / Parking, Smoke Detector(s), Key Card Entry
    • Subdivision: Tessera
    HOA
    • Has HOA: Yes
    • Amenities included: Elevators, Fitness Center, Maintenance, Pool, Security, Storage
    • Services included: Community Pool, Maintenance Grounds, Trash, Maintenance Exterior, Pool Maintenance, Sewer, Water, Escrow Reserves Fund, Manager
    • HOA fee: $1,866 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $821/sqft
    • Tax assessed value: $1,880,600
    • Annual tax amount: $28,654
    • Listing terms: Cash, Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    7/8/2020Sold$1,730,000-3.8%$611/sqft
    Source: Stellar MLS #A4467663 Report a problem
    6/1/2020Pending sale$1,799,000$636/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4467663 Report a problem
    5/21/2020Listed for sale$1,799,000+17.2%$636/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4467663 Report a problem
    9/25/2017Sold$1,535,000-8.4%$542/sqft
    Source: Stellar MLS #A4144835 Report a problem
    8/3/2017Pending sale$1,675,000$592/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    7/5/2017Price change$1,675,000-5.6%$592/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    3/9/2017Price change$1,775,000-4.1%$627/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    7/7/2016Price change$1,850,000-2.6%$654/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    4/18/2016Price change$1,900,000-9.5%$671/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    2/6/2016Listed for sale$2,100,000+58.5%$742/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    8/15/2008Sold$1,325,000-10.2%$468/sqft
    Source: Public Record Report a problem
    5/12/2008Listing removed$1,475,000$521/sqft
    Source: Visual Tour #375961 Report a problem
    2/21/2008Listed for sale$1,475,000+90.4%$521/sqft
    Source: Visual Tour #375961 Report a problem
    4/7/2000Sold$774,600$274/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,654 +1.1%$1,880,600 +3.8%
    2024$28,349 +3.1%$1,812,023 +10%
    2023$27,489 +11.1%$1,647,294 +10%
    2022$24,742 +15%$1,497,540 +10%
    2021$21,506 -3.3%$1,361,400 -0.8%
    2020$22,248 +0.1%$1,372,400 +2.7%
    2019$22,231 $1,335,840 +10%
    2018$22,231 +12.6%$1,214,400 +29.6%
    2017$19,740 +30.7%$936,719 -26.5%
    2016$15,108 $1,274,600 +6.6%
    2015$15,108 +0.1%$1,196,000 +34.5%
    2014$15,096 +0.2%$889,441
    2013$15,069 +3.9%$889,441 +1.7%
    2012$14,504 +5.2%$874,573 +3%
    2011$13,782 -1.6%$849,100 +0.6%
    2010$14,010 +11.5%$844,454 +2.7%
    2009$12,563 $822,253 +1.1%
    2008$12,563 +0.4%$813,382 +3%
    2007$12,512 $789,691 +2.5%
    2006-- $770,430 +3%
    2005-- $747,990 +3%
    2004$12,811 -2.1%$726,204 +1.9%
    2003$13,085 +2.2%$712,663 +2.4%
    2002$12,807 +6.9%$695,960 +1.6%
    2001$11,981 $685,000
    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
    $2,324,600
    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
    $2,324,600