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For sale
  • $1,499,000

    505 S ORANGE AVENUE #301, SARASOTA, FL 34236

    3beds
    3,026sqft
    : 
    $11,593/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $1,409,800 Zestimate®
    $495/sqft
    $2,449/mo HOA

    What's special

    Balcony accessThree-and-a-half bathroomsTwo additional ensuite bedroomsThree bedroomsGranite countertopsTwo terracesExpansive sun deck
    Welcome to Kanaya, where luxury, lifestyle, and location come together in one of Sarasota’s most desirable boutique condominium residences. This exceptional building offers the privacy and exclusivity of only 32 residences within 15 floors, creating an intimate community with impressive amenities, attentive management, and friendly neighbors. For buyers seeking a downtown Sarasota condominium with strong financials, a well-funded association, and a successfully completed milestone inspection with outstanding results, this is a rare opportunity. Located on the third floor and directly on the amenity level, this remarkable end-unit residence offers approximately 3,003 square feet of elegant living space, featuring three bedrooms, three-and-a-half bathrooms, a private office/den/study, two terraces, and an extraordinary 1,075-square-foot private owner’s patio available exclusively to this residence. The beautifully appointed kitchen showcases a stainless-steel KitchenAid appliance suite, granite countertops, and a spacious walk-in pantry. The luxurious primary suite includes a private 13’ x 10’ study, a corner bedroom with northern and western exposures, direct access to the expansive balcony, and a spa-inspired bathroom featuring a soaking tub, separate shower with transom window, water closet, dual vanities, and a custom-built walk-in closet. Two additional ensuite bedrooms are located on the opposite side of the residence, each offering private baths and balcony access. Additional features include a formal foyer, powder room, crown molding, wet bar, large laundry room with cabinetry and utility sink, abundant storage, and modern impact-resistant glass windows and doors throughout. Residents enjoy an impressive array of amenities, including a stunning 16th-floor rooftop terrace with entertainment areas, lounge seating, and breathtaking views of downtown Sarasota, holiday fireworks, Sarasota Bay, the barrier islands, and the iconic bridges. Additional amenities include a 65-foot heated pool, expansive sun deck, shower and sauna, yoga room, fitness center, and clubhouse with kitchen. This residence includes two side-by-side assigned parking spaces in the secure garage, the option for electric vehicle charging, three private storage units, and access to community bicycle storage. The Kanaya has recently completed extensive exterior maintenance, including sealing, caulking, and painting within the past two years, and benefits from impact glass throughout plus a backup generator providing partial building power during outages. With two full-time superintendents on-site and a proactive association, Kanaya represents exceptional downtown Sarasota living. Offered at $1,499,000, this extraordinary residence delivers a rare combination of space, privacy, luxury, and peace of mind in the heart of Sarasota.
    230 days
    |
    296
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Scotty Ledford 941-400-7360,

    VUE REALTY, LLC 941-269-8400,

    Bob Thurston 941-373-5648,

    VUE REALTY, LLC

    Source: Stellar MLS,MLS#: A4675111MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Den/Library/Office, Utility Room, Storage Rooms
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 360 Square Feet
      • Dimensions: 20x18
      Bedroom 2
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 169 Square Feet
      • Dimensions: 13x13
      Balcony porch lanai
      • Level: First
      Balcony porch lanai
      • Level: First
      • Area: 1075 Square Feet
      • Dimensions: 43x25
      Den
      • Level: First
      • Area: 110 Square Feet
      • Dimensions: 11x10
      Dining room
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Foyer
      • Level: First
      • Area: 96 Square Feet
      • Dimensions: 12x8
      Kitchen
      • Features: Breakfast Bar, Built-In Shelving, Pantry, Granite Counters, Stone Counters
      • Level: First
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Living room
      • Level: First
      • Area: 378 Square Feet
      • Dimensions: 21x18
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Oven, Convection Oven
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
      Features
      • Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Ceramic Tile
      • Doors: Outdoor Grill, Sliding Doors
      • Windows: Hurricane Shutters/Windows
      • Has fireplace: No
      • Common walls with other units/homes: End Unit
      Interior area
      • Total structure area: 4,646
      • Total interior livable area: 3,026 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned, Covered, Garage Door Opener, Reserved, Under Building
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Patio
      • Exterior features: Balcony, Courtyard, Lighting, Outdoor Grill, Sidewalk, Storage
      • Has view: Yes
      • View description: City
      Lot
      • Size: 0.7 Acres
      • Features: Above Flood Plain
      Details
      • Parcel number: 2027104003
      • Zoning: DTC
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Patio
      • Property subtype: Condominium
      Materials
      • Block
      • Foundation: Slab
      • Roof: Membrane
      Condition
      • Completed
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Natural Gas Available, Sewer Connected, Street Lights, Water Connected
      Green energy
      • Energy efficient items: Windows

      Community & HOA

      Community
      • Features: Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - No Guard, No Truck/RV/Motorcycle Parking, Pool, Sidewalks, Wheelchair Access
      • Security: Fire Alarm, Fire Sprinkler System, Security Fencing/Lighting/Alarms, Security Gate, Security Lights, Smoke Detector(s), Fire Resistant Exterior, Fire/Smoke Detection Integration
      • Pet fee: $0 monthly
      • Subdivision: KANAYA
      HOA
      • Has HOA: Yes
      • Amenities included: Elevator(s), Fence Restrictions, Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Sauna, Storage, Vehicle Restrictions, Wheelchair Access
      • Services included: Common Area Taxes, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
      • HOA fee: $2,449 monthly
      • HOA name: Real Manage
      • HOA phone: 941-491-2339
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $495/sqft
      • Tax assessed value: $1,301,900
      • Annual tax amount: $9,797
      • Date on market: 12/20/2025
      • Cumulative days on market: 230 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $1,409,800

        $1.34M - $1.48M

        $7,725/mo

        Price history

        DateEventPrice
        3/17/2026Price change$1,499,000-6%$495/sqft
        Source: Stellar MLS #A4675111 Report a problem
        12/20/2025Listed for sale$1,595,000+136.3%$527/sqft
        Source: Stellar MLS #A4675111 Report a problem
        12/26/2012Sold$675,000-9.9%$223/sqft
        Source: Public Record Report a problem
        10/25/2012Price change$749,000-5.8%$248/sqft
        Source: ERA WATERSIDE REALTY #A3953886 Report a problem
        3/22/2012Price change$795,000-3.6%$263/sqft
        Source: ERA WATERSIDE REALTY #A3953886 Report a problem
        1/8/2012Listed for sale$825,000-12.6%$273/sqft
        Source: ERA WATERSIDE REALTY #A3953886 Report a problem
        2/21/2007Sold$944,400$312/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$20,079 +105%$1,301,900 +95.2%
        2024$9,797 +3.2%$666,906 +3%
        2023$9,495 +3.1%$647,482 +3%
        2022$9,210 -0.7%$628,623 +3%
        2021$9,271 -1.1%$610,314 +1.4%
        2020$9,371 +2.7%$601,888 +2.3%
        2019$9,128 $588,356 +1.9%
        2018$9,128 +1.7%$577,386 +2.1%
        2017$8,978 -0.7%$565,510 -12.8%
        2016$9,046 $648,600 +1.5%
        2015$9,046 +0.1%$639,200 +18.9%
        2014$9,036 +0.2%$537,600
        2013$9,017 +3.5%$537,600 +9.2%
        2012$8,713 +1.2%$492,200 -0.1%
        2011$8,611 -13.8%$492,900 -13.2%
        2010$9,991 -22.8%$568,000 -16.8%
        2009$12,942 $682,800 -14.1%
        2008$12,942 $795,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        93 / 100
        Walker's Paradise
        46 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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