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Sold for $1,450,000
  • $1,450,000

    505 S ORANGE AVENUE #501, SARASOTA, FL 34236

    3beds
    3,003sqft
    Condominium
    Built in 2007
    -- sqft lot
    $1,429,300 Zestimate®
    $483/sqft
    $7,691 Estimated rent

    Home value

    $1,429,300

    $1.30M - $1.57M

    $7,691/mo

    Zestimate® history
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    What's special

    Northwest-facing corner residenceGuest suitesExpansive surfacesDedicated flex spaceIndoor lounge with kitchenSpa-style bathRooftop terrace
    One or more photo(s) has been virtually staged. Hidden Gem in Downtown Sarasota – Boutique Luxury Living at Kanaya Rare 5th-floor NW-facing corner residence in one of Sarasota’s most sought-after boutique buildings. Over 3,000 sq. ft. of light-filled space with 3 bedrooms, 3.5 baths, private office/den, and two balconies plus access to the best rooftop terrace in Downtown Sarasota. Feels like a single-family home with extra square footage, superior soundproofing, and privacy. Features include a semi-private elevator, two deeded garage spaces, two private storage rooms, smart home wiring, and whole-building generator backup. Freshly painted interiors, open-concept layout, and a refreshed kitchen with abundant storage. Owner’s suite offers spa-style bath, walk-in closet, and flex space with balcony access. Guest suites have en-suite baths and private balconies. Resort-style amenities: 60-ft heated lap pool, rooftop terrace, yoga room, sauna, fitness center, and indoor lounge. Pet-friendly, financially solid building with Milestone Inspection completed. Leave the car parked and walk everywhere—Marina Jack, Selby Gardens, Whole Foods, theaters, restaurants, farmers market, and First Friday events—without the noise and congestion. Now vacant and move-in ready for season. Owners are motivated; recent price reduction reflects exceptional value. Kanaya Sarasota: Where lifestyle meets location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine del Monte 941-266-6733,

    COLDWELL BANKER REALTY 941-366-8070

    Bought with:

    Georgia Salaverri, 0705963

    COMPASS FLORIDA LLC

    Source: Stellar MLS,MLS#: A4667158MLS 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: 18x20
    Bedroom 2
    • Features: Granite Counters, Shower No Tub, Built-in Closet
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 14x13
    Bedroom 3
    • Features: Granite Counters, Shower No Tub, Stone Counters, Built-in Closet
    • Level: First
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Primary bathroom
    • Features: En Suite Bathroom, Garden Bath, Granite Counters, Split Vanities, Stone Counters, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Window/Skylight in Bath
    • Level: First
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Den
    • Level: First
    Dining room
    • Level: First
    • Area: 168 Square Feet
    • Dimensions: 12x14
    Great room
    • Level: First
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Kitchen
    • Features: Built-In Shelving, Ceiling Fan(s)
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 14x13
    Living room
    • Level: First
    • Area: 378 Square Feet
    • Dimensions: 18x21
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
    • Flooring: Concrete, Reclaimed Wood, Tile, Hardwood
    • Doors: Outdoor Grill, Outdoor Kitchen, Sliding Doors
    • Windows: Storm Window(s), Shutters
    • 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
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Side Porch
    • Exterior features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Sidewalk
    • Pool features: Auto Cleaner, Heated, In Ground, Lap
    • Spa features: In Ground
    • Has view: Yes
    • View description: Water, Bay/Harbor - Partial, Gulf/Ocean - Partial, Intracoastal Waterway, Marina
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial,Gulf/Ocean - Partial,Intracoastal Waterway,Marina
    • Body of water: SARASOTA BAY, INTRACOASTAL
    Lot
    • Features: Near Public Transit, Sidewalk
    • Residential vegetation: Trees/Landscaped
    Details
    • Additional structures: Outdoor Kitchen
    • Parcel number: 2027104008
    • 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, Key Card Entry, Security Gate, Security Lights, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: KANAYA
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Storage
    • Services included: Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
    • HOA fee: $2,322 monthly
    • HOA name: Liz Rominger
    • HOA phone: 866-473-2573
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $483/sqft
    • Tax assessed value: $1,396,700
    • Annual tax amount: $7,745
    • Date on market: 10/14/2025
    • Cumulative days on market: 45 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
    1/2/2026Sold$1,450,000-9.4%$483/sqft
    Source: Stellar MLS #A4667158 Report a problem
    11/29/2025Pending sale$1,599,999$533/sqft
    Source: Stellar MLS #A4667158 Report a problem
    11/18/2025Price change$1,599,999-5.3%$533/sqft
    Source: Stellar MLS #A4667158 Report a problem
    10/14/2025Listed for sale$1,689,000-0.4%$562/sqft
    Source: Stellar MLS #A4667158 Report a problem
    7/29/2025Listing removed$1,695,000$564/sqft
    Source: Stellar MLS #A4638659 Report a problem
    5/27/2025Price change$1,695,000-2.9%$564/sqft
    Source: Stellar MLS #A4638659 Report a problem
    5/19/2025Price change$1,745,000-2.8%$581/sqft
    Source: Stellar MLS #A4638659 Report a problem
    4/4/2025Price change$1,795,000-2.7%$598/sqft
    Source: Stellar MLS #A4638659 Report a problem
    3/3/2025Price change$1,845,000-2.6%$614/sqft
    Source: Stellar MLS #A4638659 Report a problem
    2/6/2025Listed for sale$1,895,000+134%$631/sqft
    Source: Stellar MLS #A4638659 Report a problem
    11/14/2007Sold$810,000$270/sqft
    Source: Public Record Report a problem
    3/29/2007Sold$810,000$270/sqft
    Source: Stellar MLS #A345953 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,477 +177.3%$1,396,700 +164.8%
    2024$7,745 +3.4%$527,359 +3%
    2023$7,491 +3.4%$511,999 +3%
    2022$7,246 -0.6%$497,086 +3%
    2021$7,288 -1%$482,608 +1.4%
    2020$7,362 +2.7%$475,945 +2.3%
    2019$7,168 $465,244 +1.9%
    2018$7,168 +1.7%$456,569 +2.1%
    2017$7,049 -1%$447,178 -43.1%
    2016$7,118 $785,900 +1.5%
    2015$7,118 +0.1%$774,600 +82.2%
    2014$7,109 +0.2%$425,106
    2013$7,092 +3.8%$425,106 +1.7%
    2012$6,830 +5.2%$418,000 +2.9%
    2011$6,492 -21.9%$406,200 -13.2%
    2010$8,318 -22.6%$468,100 -16.8%
    2009$10,749 $562,600 -14.1%
    2008$10,749 $655,000
    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
    $1,429,300
    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
    $1,429,300