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Off market
  • $1,515,900

    505 S Orange Ave Unit 702, Sarasota, FL 34236

    3beds
    2,600sqft
    Condominium
    Built in 2007
    -- sqft lot
    $1,515,900 Zestimate®
    $583/sqft
    $7,905 Estimated rent

    Home value

    $1,515,900

    $1.38M - $1.67M

    $7,905/mo

    Zestimate® history
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    What's special

    It is easy to perfect the art of living when you live in a work of art at the Kanaya, the first time in several years a residence has been on the market. Life's connoisseur will enjoy sweeping Sarasota Bay and city views from this spacious 2600-square-foot three-bedroom unit with world-class amenities that define the timeless luxury of this desirable downtown Sarasota address. Enjoy the excitement of living downtown being within walking distance to shops, cafes, dining and theaters in a quiet setting. The private elevator entrance leads to this breathtaking residence where every room is complete with walk-in closets. There are large front and rear balconies that provide views in every direction. The uncommonly large west balcony is 12x40. The master and its adjoining balcony are spacious with a 9-foot-deep tray ceiling, walk-in closet and stately bath. The great room is a grand space with striking views through floor-to-ceiling windows and room for dining. The modern kitchen is outfitted with high-end cabinetry, built-in stainless steel appliances and granite countertops. Spacious in design with breakfast bar, island, walk-in pantry and large adjacent laundry room/storage. Amenities of Kanaya include a 60-foot heated pool with poolside fire pit and grill area, multiple patios and a phenomenal rooftop terrace with kitchen areas, ample seating and panoramic views of downtown, bay, Ringling Bridge and beyond. The interior community features a yoga studio, fitness center, community kitchen with dining/social space and inviting lobby with stunning furnishings. Meet your neighbor in this supportive, close-knit environment with monthly social events, book clubs and very attentive, helpful management. Everything downtown Sarasota has to offer begins just beyond your door. Live securely and privately, with two assigned car spaces in the garage, additional storage and seven floors above the bustling city. This truly extraordinary home is the perfect frame for an exceptional life in the pet-friendly, amenity-rich Kanaya.

    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: 2
    • 1/2 bathrooms: 1
    Heating
    • Other
    Appliances
    • Laundry: Inside, Laundry Room
    Features
    • Eating Space In Kitchen, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Crown Molding, Solid Wood Cabinets, Living Room/Dining Room Combo, Built in Features, Window Treatments, Vaulted Ceiling(s), Tray Ceiling(s)
    • Flooring: Carpet
    • Windows: Blinds, Drapes
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 2,600 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Levels: One
    • Patio & porch: Deck, Covered, Front Porch, Rear Porch
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Features: In City Limits, Near Public Transit, Sidewalk, Street Paved, Near Marina
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 2027104015
    • Zoning: DTC

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Condominium
    Materials
    • concrete
    • Foundation: Piling
    • Roof: Other
    Condition
    • Year built: 2007

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Secured Garage / Parking, Security Gate, Gated Community
    • Subdivision: Kanaya
    HOA
    • Amenities included: Cable, Clubhouse, Elevators, Fitness Center, Maintenance, Pool, Security, Storage, Gated, Sauna
    • Services included: Community Pool, Maintenance Grounds, Trash, Insurance, Maintenance Exterior, Pest Control, Sewer, Water, Escrow Reserves Fund
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $583/sqft
    • Tax assessed value: $1,269,700
    • Annual tax amount: $18,903
    • Listing terms: Cash, Conventional, VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/28/2021Sold$1,450,000-3%$558/sqft
    Source: Public Record Report a problem
    4/12/2021Pending sale$1,495,000+95.4%$575/sqft
    Source: Stellar MLS #A4496994 Report a problem
    4/6/2007Sold$765,000$294/sqft
    Source: Stellar MLS #A346161 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,903 -2.7%$1,269,700 -4.6%
    2024$19,421 +0.3%$1,331,000 +0.6%
    2023$19,368 +2.5%$1,323,215 +3%
    2022$18,898 +161.8%$1,284,675 +166.8%
    2021$7,218 -1%$481,451 +1.4%
    2020$7,293 +2.7%$474,804 +2.3%
    2019$7,101 $464,129 +1.9%
    2018$7,101 +1.7%$455,475 +2.1%
    2017$6,982 -1.5%$446,107 -43%
    2016$7,087 $782,900 +1.5%
    2015$7,087 +0.1%$771,600 +81.9%
    2014$7,078 +0.2%$424,089
    2013$7,062 +3.8%$424,089 +1.7%
    2012$6,800 -1.4%$417,000 -3.9%
    2011$6,900 -15.9%$434,100 -13.2%
    2010$8,202 -24.3%$500,200 -16.8%
    2009$10,833 $601,200 -14.1%
    2008$10,833 $700,000
    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: 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
    $1,515,900
    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
    $1,515,900