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Off market
  • $3,143,100

    500 S Palm Ave Unit 52, Sarasota, FL 34236

    3beds
    3,315sqft
    Condo
    Built in 2000
    -- sqft lot
    $3,143,100 Zestimate®
    $948/sqft
    $7,749 Estimated rent

    Home value

    $3,143,100

    $2.80M - $3.52M

    $7,749/mo

    Zestimate® history
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    $21,573/mo

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    What's special

    Tessera is a luxury boutique building in downtown Sarasota that is home to this residence in a private garden setting of shady oak trees, with bay views, situated on serene Palm Avenue, steps from Main Street, the charming Burns Court district and Selby Gardens offering a wide variety of fine and casual dining, shopping, entertainment and waterfront activities. The residence provides enchanting views of the bay, marina and beautiful sunsets and has exquisite interior elegance with the warmth of a single-family home and all the amenities expected of a luxury condominium lifestyle. This fabulous residence features tall 9' 9" ceilings with crown moldings, an open floor plan, three bedrooms, den, eat-in kitchen and an expansive wrap-around terraces to enjoy outdoor living. The master suite has floor to ceiling windows, his and hers walk-in closets, spacious his and her marble baths and vanities with a private water closet. Owners have installed a reverse osmosis water filtration system and the residence has a intercon sound system throughout. There are only two residences per floor and only 24 total residences in the building, an oversized private two-car garage, storm shutters on western facing windows and the building is pet friendly with no weight limit. Amenities include a 60-foot pool with sun deck and adjacent whirlpool spa, barbecue area, two-story fitness center with steam room and dressing lounges, bicycle storage and an onsite staff person. Building reserves are fully funded with the quarterly fees.

    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: 3
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • central
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet, Hardwood
    Interior area
    • Total interior livable area: 3,315 sqft

    Property

    Parking
    • Parking features: Garage
    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 2027145010

    Construction

    Type & style
    • Home type: Condo
    Materials
    • concrete
    • Foundation: Piling
    • Roof: Other
    Condition
    • Year built: 2000

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $1,400 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $948/sqft
    • Tax assessed value: $2,388,400
    • Annual tax amount: $35,523

    Price history

    DateEventPrice
    10/27/2022Sold$3,425,000-2.1%$1,033/sqft
    Source: Public Record Report a problem
    2/25/2022Pending sale$3,500,000$1,056/sqft
    Source: Stellar MLS #A4521937 Report a problem
    1/20/2022Listed for sale$3,500,000+100%$1,056/sqft
    Source: Stellar MLS #A4521937 Report a problem
    4/2/2020Sold$1,750,000-12.3%$528/sqft
    Source: Public Record Report a problem
    1/22/2020Pending sale$1,995,000$602/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4423793 Report a problem
    10/31/2019Price change$1,995,000-5%$602/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4423793 Report a problem
    7/13/2019Price change$2,100,000-4.5%$633/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4423793 Report a problem
    4/10/2019Price change$2,200,000-4.3%$664/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4423793 Report a problem
    1/12/2019Listed for sale$2,300,000+139.6%$694/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4423793 Report a problem
    4/7/2000Sold$960,100$290/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$35,523 +4.9%$2,375,481 +2.9%
    2024$33,859 +2.6%$2,308,534 +3%
    2023$33,010 +60.2%$2,241,295 +61%
    2022$20,604 -1%$1,392,395 +3%
    2021$20,813 -12.2%$1,351,840 -7.4%
    2020$23,703 +28.6%$1,459,900 +24.7%
    2019$18,431 $1,171,056 +1.9%
    2018$18,431 +1.6%$1,149,221 +2.1%
    2017$18,137 -0.6%$1,125,584 -29.3%
    2016$18,244 $1,593,100 +6.6%
    2015$18,244 +0.1%$1,494,900 +39.7%
    2014$18,230 +0.2%$1,070,031
    2013$18,199 +3.9%$1,070,031 +1.7%
    2012$17,516 +4.9%$1,052,145 +3%
    2011$16,694 -1.7%$1,021,500 +0.2%
    2010$16,978 +9.7%$1,019,281 +2.7%
    2009$15,471 $992,484 +0.1%
    2008$15,471 +0.7%$991,493 +3%
    2007$15,363 $962,615 +2.5%
    2006-- $939,137 +3%
    2005-- $911,784 +3%
    2004$15,751 -1.4%$885,227 +1.9%
    2003$15,980 +2.3%$868,721 +2.4%
    2002$15,616 +6.9%$848,360 +1.6%
    2001$14,606 $835,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,143,100
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    Estimated market value
    $3,143,100