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  • $5,390,100

    624 S Palm Ave #18, Sarasota, FL 34236

    3beds
    4,155sqft
    Condo
    Built in 2018
    -- sqft lot
    $5,390,100 Zestimate®
    $1,297/sqft
    $7,691 Estimated rent

    Home value

    $5,390,100

    $4.80M - $6.09M

    $7,691/mo

    Zestimate® history
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    $7,691/mo

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    Rent Zestimate®

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    $36,942/mo

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    $36,942/mo

    Est. payment

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    What's special

    Soaring high above Sarasota's coveted Palm Avenue on the 18th level, this full-floor penthouse offers unparalleled waterfront views and the conveniences of downtown living within your immediate reach. Enjoy shimmering sunsets over Sarasota Bay, with sweeping views of the Gulf of Mexico and our beautiful barrier islands! The inviting interiors begin with dramatic 12-foot-high ceilings, with tall walls of glass that capture the ever-changing skies outside. Classy and intended, each spacious room was thoughtfully planned for easy entertaining throughout its 4,155 square foot design. The consummate chef's kitchen will inspire your culinary spirit with top-of-the-line Wolf, Sub-Zero & Miele appliances, wine storage, and a custom-made high bar twinkling with fiber optic lighting. Smoked full-height mirrors along the backsplash and wet bar offer a subtle balance to the luxurious high sheen modern cabinetry. The master bedroom suite, with his and hers personalized closet cabinetry, features a serene bathroom filled with natural light from well-placed windows overlooking Sarasota Bay. Spoil your friends and family with private guest bedroom en-suites, featuring gorgeous modern tile and an outdoor patio to enjoy those early morning sunrises. A private den with its own terrace is well located across from the master suite. Built in 2018, this residence was outfitted by Wicked Smart Homes and is equipped with Lutron electric window coverings, security cameras, Sonos sound system and an Aquasana soft water filtration system. Pull back the disappearing corner sliders and head outside to enjoy alfresco dining on your open-air patio with outdoor kitchen and built-in gas grill. Building amenities include an attractive community club room with bar equipped to serve as a party room, a state-of-the-art fitness room, and available concierge services. Outdoor amenities include a rooftop deck with pergola and lounge furniture, heated pool & spa, grilling stations, and large social bar plus gas fire pit. Downtown Sarasota is proudly recognized for its outstanding mix of cultural activities, fine art galleries, and amazing restaurants. Stroll down to the weekly Farmer's Market, which has become a local treasure, as well as the renown Selby Botanical Gardens, Historic Burns Court, and the many boutique shops and personal services that make downtown Sarasota living so special. 624 Palm is a fresh, modern, pet friendly building of only 17 residences, providing you with ultimate privacy and exceptional amenities in the perfect location!

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters
    • Flooring: Tile
    • Windows: Shades
    Interior area
    • Total interior livable area: 4,155 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Levels: One
    • Patio & porch: Covered, Deck, Rear Porch, Side Porch
    • Pool features: Heated, In Ground, Gunite
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Park, Water, City
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Bay/Harbor
    • Body of water: SARASOTA BAY
    Lot
    • Features: Street Paved, In City Limits, Sidewalk
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 2027147016
    • Zoning: DTB

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    Materials
    • concrete
    • Foundation: Piling
    • Roof: Built-up
    Condition
    • Year built: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Public, BB/HS Internet Available, Electricity Connected, Sewer Connected, Phone Available

    Community & HOA

    Community
    • Features: Fitness Center
    • Subdivision: 624 PALM CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Recreation Facilities, Fitness Center, Spa/Hot Tub, Elevators, Storage, Pool
    • Services included: Maintenance Grounds, Recreational Facilities, Escrow Reserves Fund, Maintenance Exterior, Community Pool, Manager, Pool Maintenance
    • HOA fee: $2,198 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,297/sqft
    • Tax assessed value: $5,199,700
    • Annual tax amount: $74,489

    Price history

    DateEventPrice
    7/12/2024Listing removed$5,285,000+5.7%$1,272/sqft
    Source: Stellar MLS #A4495617 Report a problem
    6/22/2021Sold$5,000,000-5.4%$1,203/sqft
    Source: Public Record Report a problem
    5/4/2021Pending sale$5,285,000+27.3%$1,272/sqft
    Source: Stellar MLS #A4495617 Report a problem
    1/31/2018Sold$4,150,000$999/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$74,489 +4.8%$4,987,604 +2.9%
    2024$71,067 +2.4%$4,847,040 +3%
    2023$69,370 +2.2%$4,705,864 +3%
    2022$67,886 +67.7%$4,568,800 +74.6%
    2021$40,488 -1.2%$2,616,323 +1.4%
    2020$40,992 -4%$2,580,200 -4.2%
    2019$42,681 $2,692,744
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Alta Vista 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
    $5,390,100
    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
    $5,390,100