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$2,495,000

500 S Palm Avenue Sarasota, FL 34236 Residential - Condominium Active

  • 500 S Palm Avenue, Unit 31, Sarasota, FL 34236 Main Photo

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Description

Spectacular Bay, Downtown, John Ringling Bridge views and glorious sunsets are yours in this sophisticated 3 bedroom, 3.5 bath Downtown Sarasota residence in the exclusive Tessera condominium, providing a distinguished lifestyle and easy access to all that Sarasota has to offer. Exceeding the highest standards of design, form and function, numerous updates and features offer convenience and refined style and this exceptional home blends the privacy and scale of a single-family residence with the ease and amenities of luxury condominium living. Enter the home through the beautifully appointed double-door foyer, framed by a circular tray ceiling, bespoke chandelier, and gallery-style walls ideal for art and sculpture. The walls of glass bestow best-in-class panoramic views while thoughtful finishes; warm luxury vinyl plank flooring, chic Mica wallpaper, designer lighting, and a fresh coastal palette set a tone of understated sophistication. Walk into the expansive main living area, where floor-to-ceiling sliders optimize Bay views and effortlessly connect to a flexible sitting area-perfect for relaxing, watching the game, or opening to the main space for larger gatherings. The elegant dining area offers stunning Bay vistas that elevate every meal. The kitchen is both functional and inviting, showcasing stone countertops, a double-door refrigerator, dual wall ovens, a large pantry, abundant cabinetry, and a convenient pass through to the dining area. Enter the sprawling primary suite, a private retreat enhanced by its own terrace and a reimagined layout providing his-and-hers bathrooms, dual vanities, two generous walk-in closets, soaking bathtub and a shared marble-and-glass surround shower. Floor-to-ceiling windows frame treetop and Bay views, creating a serene environment from sunrise to sunset. The additional bedrooms offer comfort and privacy, including a guest suite with ensuite bathroom and terrace access, and a second guest bedroom currently serving as a sophisticated office with custom wood built-ins and tailored desk. The convenient guest bath features custom wallpaper and the large laundry room features a brand-new full-size washer and dryer. Solid-core paneled doors, on trend gold hardware, new lighting from Franklin Lighting, and ample storage throughout enhance the home's effortless livability. Step onto the two sprawling wrap-around terraces-quiet, private, and designed for year-round enjoyment-ideal for dining, lounging, or entertaining among mature live oak canopies or taking in sweeping Bay views and world class sunsets. A rare, oversized private two-car garage with built-in shelving and electrical outlet, an on-floor storage room, and all building water detection system further elevate convenience. Tessera offers exceptional privacy with only two residences per floor and no shared common walls. Amenities include a heated 60-foot pool with sun deck, whirlpool spa, and state-of-the-art fitness center -all fully updated in 2024, along with the lobby and community spaces redesigned by JKL Design. The pet friendly building also offers a grilling area and bicycle storage. Located in the heart of Sarasota's downtown, just steps from Main Street, Burns Court, the Bayfront, and Selby Gardens, Tessera offers an unparalleled blend of luxury and convenience.

Property Highlights

Property Type: Residential - Condominium
Cooling: Central Air, Zoned
Garage: 2 car attached
Heating: Central, Zoned
Home Style: Contemporary
Roof Type: Membrane
Stories: 13.0
Taxes: $20,105
Year Built: 2000

General Information

Bedrooms: 3
Bathrooms: 3 Full 1 Half
Sqft: 2,830
County: Sarasota
High School: Sarasota High
Subdivision: TESSERA
Listed By:
Daniel Treiman MICHAEL SAUNDERS & COMPANY 941-951-6660

Amenities

Built-in Features
Ceiling Fans(s)
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Solid Wood Cabinets
Split Bedroom
Stone Counters
Walk-In Closet(s)
Window Treatments
Balcony
Lighting
Sliding Doors
Storage

Room Information

Living Room: 19x21
Dining Room: 10x16
Primary Bedroom: 16x20
Bedroom 2: 14x16
Bedroom 3: 13x16
Den: 8x12
Balcony/Porch/Lanai: 33x25
Balcony/Porch/Lanai: 23x15

Property Features

Additional Rooms: Den/Library/Office
Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Water Filtration System
Association Amenities: Elevator(s), Lobby Key Required, Storage
Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, Pool, Street Lights
Condo Fee: $8650/ Quarterly
Days on Site: 101
Directions: Located on Palm Avenue, two blocks south of Main Street, between Ringling and Mound, on the west side of the street. There is parking in front of the building, in the courtyard, and also on the street.
Exterior: Block, Stucco
Flood Zone Code: AE
Flooring: Luxury Vinyl, Marble
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: City Limits, Near Marina, Near Public Transit, Sidewalk
Number of Pets: 2
Ownership: Condominium
Parking: Deeded, Garage Door Opener, Guest, Basement
Parking Notes: Deeded, Garage Door Opener, Guest, Basement
Patio/Porch: Covered, Wrap Around
Pets Allowed: Yes
Pets Size: Medium (36-60 Lbs.)
Pets Weight (Max): 50
Property Attached Y/N: No
Property Sub-Type: Condominium
Security: Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Contact Call Center, Listing Agent Must Accompany, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Connected, Public, Sewer Connected, Water Connected
Vegetation: Mature Landscaping
Water: Public
Water Access Y/N: No
Water View: Bay/Harbor - Full, Intracoastal Waterway
Windows: Blinds
Zoning: DTB
$2,495,000
3beds
3.5baths
2,830sqft
2cars
Active
BEDS3 BATHS3 full 1 partial SQUARE FEET2,830 MLS#A4671352
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONTESSERA

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500 S Palm Avenue, Unit 31, Sarasota, FL 34236.

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Estimated Payment

$ 10,818.34 per month $8,415.22 Principal & Interest $1,675.42 Property Tax $727.71 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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