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Sold for $1,950,000
  • $1,950,000

    505 S ORANGE AVENUE #401, SARASOTA, FL 34236

    3beds
    3,003sqft
    Condominium
    Built in 2007
    -- sqft lot
    $1,818,000 Zestimate®
    $649/sqft
    $7,691 Estimated rent

    Home value

    $1,818,000

    $1.64M - $2.02M

    $7,691/mo

    Zestimate® history
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    What's special

    Custom pedini italian cabinetryFrench white oak floorsSerene water fountainFull exterior updateCarbon-filtration range hoodLounge areasOutdoor dining
    Welcome to the pinnacle of luxury living in the heart of sunny Sarasota, Florida! This exquisite 3-bedroom, 3.5-bathroom end unit condo is where elegance meets modern comfort. Step into your private elevator lobby and be greeted by an open, sunlit space, enhanced by the natural light streaming through windows that face north, east, and west, filling the 3,003 sq. ft. interior with warmth and brightness. The French white oak floors add an air of sophistication, perfectly complementing the thoughtfully designed interiors, each bedroom featuring its own en-suite bathroom and access to spacious private balconies. Enjoy the convenience and security of keyless entry with a state-of-the-art video intercom system that connects to your smartphone for seamless access. With two on-site building managers, you’ll experience a level of service tailored to your every need. The private tiled balconies are not only perfect for enjoying Sarasota’s sunny weather but also come equipped with Kevlar wireless-activated retractable storm screens, offering hurricane-rated protection. On the west-facing balcony, an automatic sprinkler system allows for hassle-free gardening amidst a living wall, providing the perfect oasis against the backdrop of Florida's coastal breezes. The three-and-a-half bathrooms have been meticulously renovated, with the primary bath standing out for its luxurious oversized soaking tub, walk-in shower, bidet water closet, and dual vanities. The Primary suite is complemented by two walk-in closets designed for style and organization. Your gourmet kitchen is a dream for any culinary enthusiast, featuring custom Pedini Italian cabinetry and high-end appliances from Bosch, Sub-Zero, and Wolf. Additional touches like a drinking water filtration system and a carbon-filtration range hood enhance both convenience and comfort. Up-to-date with energy efficiency, the condo comes with newly installed HVAC heat pump units (January 2022) and a water heater (March 2023). In 2022, the building received a full exterior update, including fresh caulking, painting, and sealing for enhanced protection. Two adjacent parking spaces, pre-wired for electric vehicle charging, and a lockable storage unit near the garage add to the convenience of this stunning residence. Residents enjoy access to an array of amenities on the third floor, including a club room, fitness center, yoga room, sauna, kitchen, heated pool, and a cozy outdoor seating area with a fire pit and grill. On the rooftop, unwind with breathtaking views of Sarasota Bay while taking advantage of the catering kitchen, outdoor dining, lounge areas, and a serene water fountain. Set in the desirable Burns Court area, this condo offers the best of Sarasota right at your doorstep. Stroll to nearby boutiques, art galleries, yoga studios, a movie theater, and exceptional dining experiences. Downtown Sarasota's vibrant scene and world-class restaurants are just minutes away. For beach lovers, the award-winning sands of Lido Key, Siesta Key, and Longboat Key are just a short drive, offering the perfect coastal escape. Don’t miss out on this rare opportunity to experience the height of luxury living in Sarasota in a building with fully funded reserves and no assessments. Schedule your private showing today and make this stunning condo your new home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Courtney Tarantino 941-893-7203,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Gigi Silverberg, 3100627

    DOUGLAS ELLIMAN

    Source: Stellar MLS,MLS#: A4625008MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 18x20
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 14x13
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 13x13
    Primary bathroom
    • Level: First
    • Dimensions: 15x13
    Dining room
    • Level: First
    • Dimensions: 12x14
    Great room
    • Level: First
    • Dimensions: 14x14
    Kitchen
    • Level: First
    • Dimensions: 14x13
    Living room
    • Level: First
    • Dimensions: 18x21
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Walk-In Closet(s)
    • Flooring: Concrete, Tile, Hardwood
    • Doors: Outdoor Grill, Outdoor Kitchen, Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 3,427
    • Total interior livable area: 3,003 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Covered, Electric Vehicle Charging Station(s), Guest, Under Building
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Side Porch
    • Exterior features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Sidewalk
    • Has view: Yes
    • View description: Bay/Harbor - Partial, Gulf/Ocean - Partial, Intracoastal Waterway, Marina
    • Has water view: Yes
    • Water view: Bay/Harbor - Partial,Gulf/Ocean - Partial,Intracoastal Waterway,Marina
    • Body of water: SARASOTA BAY, INTRACOASTAL
    Lot
    • Features: Near Public Transit, Sidewalk
    Details
    • Additional structures: Outdoor Kitchen
    • Parcel number: 2027104005
    • Zoning: DTC
    • Special conditions: None

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Electricity Connected, Fire Hydrant, Public

    Community & HOA

    Community
    • Features: Buyer Approval Required, Fitness Center, Pool, Sidewalks, Wheelchair Access
    • Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: KANAYA
    HOA
    • Has HOA: Yes
    • Amenities included: Lobby Key Required, Maintenance, Pool, Storage
    • Services included: Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
    • HOA fee: $2,199 monthly
    • HOA name: Kelley Lyons
    • HOA phone: 941-460-5560
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $649/sqft
    • Tax assessed value: $1,459,900
    • Annual tax amount: $8,613
    • Date on market: 10/1/2024
    • Cumulative days on market: 37 days
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    1/27/2025Sold$1,950,000-12%$649/sqft
    Source: Stellar MLS #A4625008 Report a problem
    11/8/2024Pending sale$2,215,000$738/sqft
    Source: Stellar MLS #A4625008 Report a problem
    10/1/2024Listed for sale$2,215,000$738/sqft
    Source: Stellar MLS #A4625008 Report a problem
    7/18/2024Listing removed--
    Source: Stellar MLS #A4594245 Report a problem
    1/6/2024Listed for sale$2,215,000$738/sqft
    Source: Stellar MLS #A4594245 Report a problem
    7/30/2023Listing removed--
    Source: Stellar MLS #A4568624 Report a problem
    5/4/2023Listed for sale$2,215,000+104.1%$738/sqft
    Source: Stellar MLS #A4568624 Report a problem
    4/18/2019Sold$1,085,000-0.5%$361/sqft
    Source: Public Record Report a problem
    3/12/2019Pending sale$1,090,000$363/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4417106 Report a problem
    3/5/2019Price change$1,090,000-12.8%$363/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4417106 Report a problem
    10/30/2018Listed for sale$1,250,000+54.3%$416/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4417106 Report a problem
    2/26/2007Sold$810,000$270/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,664 +5.4%$643,127 +2.9%
    2024$9,173 +3.2%$625,002 +3%
    2023$8,887 +3.2%$606,798 +3%
    2022$8,614 -0.7%$589,124 +3%
    2021$8,674 -1%$571,965 +1.4%
    2020$8,765 -31.9%$564,068 -21.8%
    2019$12,876 $721,026 +0.2%
    2018$12,876 +14%$719,500 +20.7%
    2017$11,291 +11.3%$595,889 -13%
    2016$10,143 $685,200 +1.5%
    2015$10,143 +7.9%$675,100 +65.9%
    2014$9,398 +7.8%$407,000
    2013$8,720 +30.8%$407,000 +10%
    2012$6,668 +0%$370,000 -2.2%
    2011$6,666 -14.3%$378,300 -13.2%
    2010$7,778 -22.6%$435,900 -16.8%
    2009$10,044 $523,900 -14.1%
    2008$10,044 $610,000
    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: Sarasota High

    Source: Stellar 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
    $1,818,000
    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
    $1,818,000