$1,525,000

Sarabande 340 S Palm Ave Unit 32 Floor 3 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated payment $10,838/month

Total Views 946
2 Beds
2 Baths
1,836 Sq Ft
$831 Price per Sq Ft

Highlights

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

About This Home

Set within Sarabande, one of downtown Sarasota’s most distinguished bayfront addresses, this third-floor residence blends comfort, functionality, and the opportunity for thoughtful modernization. The elevator opens directly outside the front door, leading into a spacious layout designed to capture Sarasota’s most breathtaking sunsets and sweeping views across Sarasota Bay. Inside, the great room is bright and inviting, with sliders opening to a private terrace and transom windows that frame the bay and beyond. The kitchen features solid-surface countertops, white cabinetry, and a generous eat-in nook, creating a bright and practical space for everyday living or casual entertaining. The primary suite offers two walk-in closets and an en-suite bath with a walk-in shower and vanity area, while the guest bedroom, with floor-to-ceiling windows and plantation shutters and a connecting Jack-and-Jill bathroom, ensures privacy and comfort. A den with French doors provides flexibility for an office or media space. Tile flooring flows through the main living areas, complemented by carpet in the bedrooms and den. The laundry room includes cabinetry and a utility closet for added convenience. The residence has been exceptionally maintained and offers a clean, livable foundation for a new owner to personalize. Beyond its walls, this home’s appeal lies in its setting within one of Sarasota’s premier luxury towers, steps from downtown dining, cultural venues, and the waterfront Bayfront Park. Sarabande’s reputation for prestige, full amenity suite including guest suites, and location makes this residence an extraordinary opportunity to enjoy Sarasota’s coastal city lifestyle, enhanced by a front-row seat to its most unforgettable sunsets.

Listing Agent

Joel Schemmel

DOUGLAS ELLIMAN Brokerage Phone: License #3060476 Listed on: 11/11/2025

DOUGLAS ELLIMAN

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,750

Year Built

  • Built in 1998

Lot Details

  • East Facing Home
  • Mature Landscaping
  • Irrigation Equipment

HOA Fees

  • $1,944 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Ground Level Parking
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 3rd floor
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 1,836 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

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

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Humidity Control
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, recreational facilities, sewer, trash, water
  • Sarabande / Kyanne Merrill Association, Phone Number (941) 957-1639
  • High-Rise Condominium
  • Sarabande Community
  • Sarabande Subdivision
  • The community has rules related to deed restrictions
  • 15-Story Property

Amenities

  • Community Mailbox
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Pets up to 60 lbs
  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,750

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,944 per month

Parking

1

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1836
  • Lot Size Acres: 1.29
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 2074
  • Lot Size Sq Ft: 56130
  • Status: Active
  • Street Direction: S
  • Ownership: Condominium
  • Entry Level: 3
  • Building Area Total Srch Sq M: 192.68
  • Escrow State: FL
  • Floor Number: 3
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 830.61
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: Lena White
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Stories: 15
  • Window Features: Window Treatments
  • Additional Rooms: Den/Library/Office,Great Room
  • Living Area Meters: 170.57

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Asphalt, Paved
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0133G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Ground Level, Guest, Off Street, Basement

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Sidewalks, Street Lights
  • Association Amenities: Elevator(s), Fitness Center, Pool, Security, Storage
  • Association Name: Sarabande / Kyanne Merrill
  • Phone: 941-957-1639
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See Condo Docs
  • Association Fee Requirement: None
  • Condo Fees: 5833
  • Condo Land Included YN: 1
  • Max Pet Weight: 60
  • Association Email: manager@sarabande-srq.com
  • Monthly Condo Fee Amount: 1944
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 23332.00
  • Total Monthly Fees: 1944.33

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027114010
  • Additional Parcels: No
  • Lot Features: City Limits, Landscaped, Near Marina, Paved
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Docs. Lease not to exceed 12 months.

Tax Info

  • Tax Annual Amount: 10750.23
  • Tax Book Number: 32-32
  • Tax Lot: na

Multi Family

  • Approval Process: See condo Docs.

Map

About Sarabande

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $10,451 $747,071 -- --
2023 $10,451 $725,312 $0 $0
2022 $10,177 $704,186 $0 $0
2021 $10,263 $683,676 $0 $0
2020 $10,381 $674,237 $0 $0
2019 $10,112 $659,078 $0 $0
2018 $9,947 $646,789 $0 $0
2017 $9,831 $633,486 $0 $0
2016 $9,821 $898,600 $0 $898,600
2015 $9,969 $790,500 $0 $790,500
2014 $7,983 $486,885 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2025 11/11/25 For Sale $1,525,000 +71.8% $831 / Sq Ft
05/07/2014 05/07/14 Sold $887,500 -1.4% $483 / Sq Ft View Prior Sale
04/07/2014 04/07/14 Pending -- -- --
03/18/2014 03/18/14 Price Changed $900,000 -2.7% $490 / Sq Ft
12/12/2013 12/12/13 For Sale $925,000 -- $504 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $887,500 Integrity Title Services Inc
Interfamily Deed Transfer $60,481 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Source: Stellar MLS

MLS Number: A4670760

Stellar MLS

APN: 2027-11-4010

Florida Sarasota County Sarasota 34236 Downtown Sarasota

340 S Palm Ave Unit 32, Sarasota, FL

For Sale

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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Joel Schemmel
Listing Agent
Joel Schemmel
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DOUGLAS ELLIMAN
(941) 337-3079