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Sold for $6,500,000
  • $6,500,000

    624 S PALM AVENUE #16, SARASOTA, FL 34236

    3beds
    4,155sqft
    Condominium
    Built in 2018
    -- sqft lot
    $5,839,600 Zestimate®
    $1,564/sqft
    $7,691 Estimated rent

    Home value

    $5,839,600

    $5.26M - $6.42M

    $7,691/mo

    Zestimate® history
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    What's special

    Rarely available and endless views of Sarasota Bay, the Gulf of Mexico, and Marina Jack’s, 624 Palm Avenue is arguably one of the most coveted addresses in all of Sarasota. Welcome to luxury living at its finest in this spectacular 16th-level, full floor residence located in the boutique 624 Palm condominium. Upon entering from the private secured elevator lobby, the home offers elevated, breathtaking views from all four terraces, a stunning panorama. The interior features painted oak floors and soaring ceilings in an open layout with ample space for living and entertaining. Luminous, pure white walls with added accent art lights perfectly enhance art for even the most proficient art collectors. The residence boasts 4,155 square feet and three generously-sized bedrooms, each combined with a well-appointed en-suite bathroom. Image the comfort and privacy for residents and guests alike. A chef’s dream gourmet kitchen offers sleek and custom highlights including: a Subzero refrigerator, 6-burner gas range with hood, elegantly appointed cabinetry, and a large island with quartz countertops perfect for culinary endeavors or casual dining. The sliding impact glass doors from the kitchen lead to the main terrace with an outdoor kitchen, perfect for al fresco dining and entertaining while enjoying the gorgeous sunsets. Behind-the scenes, smart home technology enhances the living experience with features such as alarm systems, general lighting controls, temperature regulation, and window blackout and sheer shades all easily managed for convenience and comfort. Other noteworthy features include sliding impact glass doors, surround sound speakers, spacious laundry room with wine cooler, two garage spaces, and storage. 624 Palm offers a range of amenities for its residents and guests to enjoy; include daytime concierge service, rooftop deck, heated pool and spa, outdoor grill and fire pit, designer club room, and fitness center. Situated in upscale South Palm Avenue neighborhood, residents benefit from proximity to Downtown Sarasota, offering easy access to renowned attractions, dining destinations, and entertainment venues right at your doorstep. Embrace a unique fusion of convenience and sophistication. Make your next address 624 Palm, and immerse yourself in upscale living in Sarasota. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

    Zillow last checked:

    Listing updated:

    Listed by:

    Judy Nimz 941-374-0196,

    MICHAEL SAUNDERS & COMPANY 941-951-6660,

    Stacy Hanan 941-266-0529,

    MICHAEL SAUNDERS & COMPANY

    Bought with:

    Lisa Morris, PA, 3042565

    DOUGLAS ELLIMAN

    Source: Stellar MLS,MLS#: A4605047MLS 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: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 19x15
    Bedroom 1
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 17x13
    Bedroom 2
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 17x13
    Primary bathroom
    • Features: Dual Sinks, Exhaust Fan, Garden Bath, Multiple Shower Heads, Tub with Separate Shower Stall, Water Closet/Priv Toilet
    • Level: First
    • Dimensions: 15x13
    Balcony porch lanai
    • Level: First
    • Dimensions: 9x8
    Balcony porch lanai
    • Level: First
    • Dimensions: 21x15
    Balcony porch lanai
    • Level: First
    • Dimensions: 9x18
    Den
    • Level: First
    • Dimensions: 14x12
    Dining room
    • Level: First
    • Dimensions: 16x15
    Great room
    • Level: First
    • Dimensions: 37x18
    Kitchen
    • Features: Kitchen Island, Pantry
    • Level: First
    • Dimensions: 13x17
    Laundry
    • Features: Built-In Shelving
    • Level: First
    • Dimensions: 9x12
    Heating
    • Central, Zoned
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Elevator, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
    • Flooring: Engineered Hardwood, Other, Porcelain Tile
    • Doors: Sliding Doors
    • Windows: Drapes, Storm Window(s), Shades, Solar Screens, Window Treatments, Hurricane Shutters/Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 4,835
    • Total interior livable area: 4,155 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Garage Door Opener, On Street, Under Building
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Front Porch, Rear Porch, Side Porch
    • Exterior features: Balcony, Lighting, Storage
    • Has view: Yes
    • View description: City, Water, Bay/Harbor - Full, Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Full,Gulf/Ocean - Partial
    • Waterfront features: Bay/Harbor
    • Body of water: SARASOTA BAY
    Lot
    • Features: City Lot, Sidewalk
    Details
    • Parcel number: 2027147014
    • Zoning: DTB
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    Materials
    • Block, Concrete, Stucco
    • Foundation: Raised
    • Roof: Built-Up,Other
    Condition
    • Completed
    • New construction: No
    • Year built: 2018
    Details
    • Builder name: BCBE

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Natural Gas Connected, Street Lights, Underground Utilities

    Community & HOA

    Community
    • Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Pool
    • Security: Closed Circuit Camera(s), Fire Sprinkler System, Key Card Entry, Security System, Security System Owned, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: 624 PALM CONDOMINIUM
    HOA
    • Has HOA: No
    • Amenities included: Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub, Storage
    • Services included: Community Pool, Reserve Fund, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pool Maintenance, Recreational Facilities, Security, Sewer, Water
    • HOA fee: $3,133 monthly
    • HOA name: Jennifer Johnson- C&S Community Management
    • HOA phone: 941-377-3419
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,564/sqft
    • Tax assessed value: $4,975,000
    • Annual tax amount: $55,954
    • Date on market: 4/16/2024
    • Listing terms: Cash
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/31/2024Sold$6,500,000-2.3%$1,564/sqft
    Source: Stellar MLS #A4605047 Report a problem
    4/16/2024Pending sale$6,650,000+82.7%$1,600/sqft
    Source: Stellar MLS #A4605047 Report a problem
    1/22/2018Sold$3,640,000$876/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$74,900 +27.7%$4,975,000 +47.3%
    2024$58,668 +4.8%$3,377,679 +10%
    2023$55,955 +8.1%$3,070,617 +10%
    2022$51,747 +29.8%$2,791,470 +10%
    2021$39,876 -1.2%$2,537,700 +1.5%
    2020$40,344 -8.4%$2,500,500 -8.7%
    2019$44,052 $2,739,900
    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
    $5,839,600
    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
    $5,839,600