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Sold for $730,000
    • $730,000

    755 S PALM AVENUE #503, SARASOTA, FL 34236

    2beds
    1,421sqft
    Condominium
    Built in 1983
    -- sqft lot
    $721,000 Zestimate®
    $514/sqft
    $4,533 Estimated rent

    Home value

    $721,000

    $656,000 - $793,000

    $4,533/mo

    Zestimate® history
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    What's special

    Enjoy remarkable Sarasota Bay views out your large private lanai on this 5th floor unit in the desirable Palm Place. Owners have waited years specifically for this column location within the complex, as it offers prime aerial sights of downtown along with horizon views of Siesta Key, Lido Key and Longboat key. This large 2 bed unit offers more than views out the hurricane rated slider, as it's ideal location provides quick access to Marina Jack's and Bayfront Park, a waterfront green space with a promenade, refreshed playground, tiki bar & views of the bay & city. Tree lined Main St is also just a few blocks away with everything from a coffee shop to high end dining. The unit has been freshly painted with a neutral canvas, allowing you to add your personal coastal touches. The large dining area is open concept to the kitchen allowing the ability to entertain guests with ease. Some owners have even converted the dining area to a flex space for a day bed or work from home office if that suits you better. The in-unit laundry is a nice addition as well! The primary bedroom is equipped with a large ensuite and the guest bath is spacious too. The offer price leaves room to get a great deal yet still a nice budget for modern modifications as you see fit. Don't forget, the complimentary Sarasota Bayrunner Trolley connects downtown, the bay and the beach with a trolley stop near the complex. It's a great way to leave the stress of parking behind and get access to the beach, the keys, St. Armands and The Legacy trail. Selby Gardens is right next door and offers a great way to connect with nature's beauty right on the bayfront. It's easy to get out on the water too as multiple boat rental companies operate right across the street and offer jet skis, pontoons, center consoles and more. Looking to stay in? The complex features covered and assigned parking, as well as a heated pool and storage locker for all of your beach accessories. Palm Place is a gated boutique-style building with elevators and offers an on-site building manager weekdays too! Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Rovithis 413-262-2463,

    ROVI 413-478-0199

    Bought with:

    Ann Martin, 0188503

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4609950MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Storage Rooms
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    Primary bathroom
    • Level: First
    Bathroom 2
    • Level: First
    Balcony porch lanai
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Features: Storage Closet
    • Level: First
    Living room
    • Features: Linen Closet
    • Level: First
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Open Floorplan, Thermostat
    • Flooring: Carpet
    • Doors: Sliding Doors
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 1,421
    • Total interior livable area: 1,421 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Covered, Ground Level, Guest, Under Building
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Storage
    • Pool features: Heated, In Ground
    • Has view: Yes
    • View description: City, Water, Bay/Harbor - Partial, Gulf/Ocean - Partial, Gulf/Ocean to Bay
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial,Gulf/Ocean - Partial,Gulf/Ocean to Bay
    • Waterfront features: Bay/Harbor Access, Gulf/Ocean Access, Gulf/Ocean to Bay Access
    • Body of water: GULF OF MEXICO
    Details
    • Parcel number: 2036033027
    • Zoning: DTE
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Gated Community - No Guard, Pool
    • Pet fee: $0 monthly
    • Subdivision: PALM PLACE
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator(s), Lobby Key Required, Pool, Storage
    • Services included: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
    • HOA fee: $1,058 monthly
    • HOA name: 752 Palm Associates, Inc. - Brett McMichen
    • HOA phone: 727-743-3040
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $514/sqft
    • Tax assessed value: $564,400
    • Annual tax amount: $8,366
    • Date on market: 5/14/2024
    • Cumulative days on market: 110 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/20/2024Sold$730,000-8.2%$514/sqft
    Source: Stellar MLS #A4609950 Report a problem
    9/5/2024Pending sale$795,000$559/sqft
    Source: Stellar MLS #A4609950 Report a problem
    5/14/2024Listed for sale$795,000+123.9%$559/sqft
    Source: Stellar MLS #A4609950 Report a problem
    5/7/2003Sold$355,000$250/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,766 -1.9%$564,400 +2%
    2024$8,936 +6.8%$553,297 +10%
    2023$8,366 +12.7%$502,997 +10%
    2022$7,421 +11.3%$457,270 +10%
    2021$6,669 -4.2%$415,700 -1.8%
    2020$6,963 -1.2%$423,400 -1.5%
    2019$7,045 $429,700 -1.5%
    2018$7,045 -1.8%$436,400 -3.7%
    2017$7,172 -9.4%$453,000 -5.2%
    2016$7,916 $478,100 -8.7%
    2015$7,916 +2.3%$523,800 +67.4%
    2014$7,734 +8.7%$312,950
    2013$7,116 +38.3%$312,950 +10%
    2012$5,147 +8.8%$284,500 +7.1%
    2011$4,729 -3.2%$265,600 -1%
    2010$4,886 -31.2%$268,300 -15.9%
    2009$7,105 $319,000 -25.2%
    2008$7,105 -9.5%$426,400 -9.3%
    2007$7,853 $470,000 -4.5%
    2006-- $491,900 +16.5%
    2005-- $422,176 +21.7%
    2004$6,516 +2.5%$347,000 +6%
    2003$6,358 +133%$327,390 +117.3%
    2002$2,729 +9.5%$150,649 +1.6%
    2001$2,493 +5%$148,277 +3%
    2000$2,374 $143,958
    Find assessor info on the county website

    Neighborhood: Downtown

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    Estimated market value
    $721,000
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    Estimated market value
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