$3,600,000
SOLD JUL 1, 2025

Sarabande 340 S Palm Ave Unit 152 Sarasota, FL 34236

Downtown Sarasota Neighborhood
3 Beds
2.5 Baths
3,182 Sq Ft
$3,190/mo HOA Fee

Recently Sold

$1,131 Per Sq Ft

4% Below List Price

46 Days on Market

Highlights

  • White Water Ocean Views
  • Fitness Center
  • Heated Lap Pool
  • Southside Elementary School Rated A
  • Property is near a marina
  • 1-minute walk to Bayfront Park Sarasota

About This Home

As of July 2025

A gallery of luxury and good taste in this 16th-floor Sarabande penthouse. A privately keyed elevator takes you to the 16th floor. Enter and be inspired as you wander through the space that brings you the living room and a breathtaking view of Sarasota Bay, the newly reopened Midnight Pass, and the Gulf of Mexico. This 3,200-square-foot high-ceilinged penthouse was designed to create a sense of comfort and an invitation to congregate with family and friends. Solid-core doors, hardwood floors throughout, custom built-ins, designer lighting, and architectural details enhance the ambiance. And everywhere, there is light and an ever-changing, unobstructed view of the beautiful bay and marina. The chef’s kitchen was designed for entertainment and equipped with high-end appliances. The bathrooms are in keeping with the condo's quality and style. The Penthouse is graced with an oversized terrace extending the entire length on the Bay Side, with access from the guest bedroom. There is a second private terrace off the Master Suite with a small adjacent room suited for an office. The Penthouse has three bedrooms (one bedroom is currently used as an office), 2.5 baths. Sarabande residents enjoy the convenience of full-time concierge and security services. They are steps away from cultural events and downtown restaurants.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 02/11/2025

COLDWELL BANKER REALTY

Last Buyer's Agent

Janet Coughlin

COLDWELL BANKER REALTY License #3332950

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,805

Year Built

  • Built in 1998

Lot Details

  • East Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $3,190 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Property Views

Home Design

  • Custom Home
  • Elevated Home
  • Entry on the 15th floor
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 3,182 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Built-In Desk
  • Shelving
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dinette
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Tall Countertops In Bathroom
  • Makeup or Vanity Space
  • Split Vanities

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Property is near a marina
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, recreational facilities, security, sewer, trash, water
  • Kyanne Merrill, Cam Association, Phone Number (941) 957-1639
  • Sarabande Subdivision, Marseille Floorplan
  • Sarabande Community
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 16-Story Property

Amenities

  • Sauna
  • Community Mailbox
  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets up to 60 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Security Service
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,805

Year Built

Built in 1998

Lot Details

0

HOA Fees

$3,190 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom, Elevated
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 3182
  • Lot Size Acres: 1.29
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 4048
  • Lot Size Sq Ft: 56130
  • Directions to Property: US 41 to Bayfront Dr. Left onto Ringling Blvd. Enter roundabout and take first exit onto S Palm Ave. Sarabande is on the right.
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 15+
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1131.36
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: Elevated,High Rise,Penthouse
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-383-6411
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Generator
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 16
  • Window Features: Blinds, Shades, Window Treatments
  • Street Number Modifier: 340
  • Additional Rooms: Den/Library/Office,Great Room,Inside Utility
  • Living Area Meters: 295.62
  • Room Count: 11

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Lap, Lighting
  • Exterior Features: Balcony, Lighting, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • View: City, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0133G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Garage Faces Side, Ground Level, Guest, Basement

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Sidewalks
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage
  • Association Fee Frequency: Quarterly
  • Association Name: Kyanne Merrill, CAM
  • Phone: 941-957-1639
  • Association: Yes
  • Security: Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: SARABANDE
  • Condo Fees: 9571
  • Condo Land Included YN: 0
  • Max Pet Weight: 60
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: manager@sarabande-srq.com
  • Monthly Condo Fee Amount: 3190
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 38284.00
  • Total Monthly Fees: 3190.33
  • Monthly HOA Amount: 0.00

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027114053
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, City Limits, Near Marina, Sidewalk
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 5215

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: SEE DOCUMENTS

Tax Info

  • Tax Annual Amount: 19805
  • Tax Book Number: 32-32
  • Tax Lot: 152

Multi Family

  • Approval Process: SEE DOCUMENTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Jul 1, 2025
Sold by
Beverly A Harms Revocable Family Trust and Harms Beverly A
Bought by
Naumovich Revocable Trust and Naumovich
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Janet Coughlin
COLDWELL BANKER REALTY
List Price
$3,750,000
Sold Price
$3,600,000
Premium/Discount to List
-$150,000
-4%
Views
24
Current Estimated Value
$3,484,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,631
Avg. Annual Appreciation
-10.31%
Original Mortgage
$2,700,000
Outstanding Balance
$2,695,437
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$788,932

Purchase Details

Closed on
Dec 10, 1998
Sold by
Tangerine Gulfstream Prop Inc
Bought by
Harms Beverly A
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,600,000 None Listed On Document
Deed $1,070,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,700,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2025 07/01/25 Sold $3,600,000 -4.0% $1,131 / Sq Ft
03/29/2025 03/29/25 Pending -- -- --
02/15/2025 02/15/25 For Sale $3,750,000 +4.2% $1,179 / Sq Ft
02/13/2025 02/13/25 Off Market $3,600,000 -- --
02/11/2025 02/11/25 For Sale $3,750,000 -- $1,179 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,273 $1,354,057 -- --
2023 $19,273 $1,314,618 $0 $0
2022 $18,854 $1,276,328 $0 $0
2021 $19,051 $1,239,153 $0 $0
2020 $19,277 $1,222,044 $0 $0
2019 $18,790 $1,194,569 $0 $0
2018 $18,491 $1,172,295 $0 $0
2017 $18,283 $1,148,183 $0 $0
2016 $18,357 $1,731,100 $0 $1,731,100
2015 $18,635 $1,522,900 $0 $1,522,900
2014 $18,621 $1,091,514 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Pettingell

    Seller's Agent in 2025

    Roger Pettingell

    COLDWELL BANKER REALTY

    (941) 387-1840

    43 in this area

    349 Total Sales

    Roger Pettingell
    Section Image
  • Janet Coughlin

    Buyer's Agent in 2025

    Janet Coughlin

    COLDWELL BANKER REALTY

    (941) 323-3736

    46 in this area

    110 Total Sales

    Janet Coughlin
    Section Image
See All Agents

About Sarabande

Map

Source: Stellar MLS

MLS Number: A4639483

Stellar MLS

APN: 2027-11-4053

Florida Sarasota County Sarasota 34236 Downtown Sarasota

340 S Palm Ave Unit 152, Sarasota, FL

This home is located at 340 S Palm Ave Unit 152, Sarasota, FL 34236 and is currently priced at $3,600,000, approximately $1,131 per square foot. This property was built in 1998. 340 S Palm Ave Unit 152 is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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