NOT LISTED FOR SALE

Sarabande 340 S Palm Ave Unit 33 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $2,101,245 - $2,311,000

2 Beds
2.5 Baths
2,437 Sq Ft
$2,604/mo HOA Fee

Last Sold April 11, 2024

Last sale price $2,240,000 $919 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $15,426/month

71 Days on Market

Highlights

  • White Water Ocean Views
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Southside Elementary School Rated A
  • Fitness Center
  • 1-minute walk to Bayfront Park Sarasota

About This Home

As of April 2024

Indulge in captivating bay views and luxurious downtown living from this exquisite third-floor residence at Sarabande! In the heart of downtown Sarasota, this upscale full amenity building offers an unparalleled location overlooking bayfront and marina. Step into the bright functional floor plan adorned with floor-to-ceiling windows or enjoy the spacious terrace, both of which invite you to bask in awe-inspiring water vistas, sunsets and city views. This unit features two bedrooms along with a versatile private office that easily transforms into a third bedroom. The kitchen blends elegance and practicality, boasting a suite of appliances including a built-in oven, refrigerator, microwave and induction cooktop. Additional highlights include counter-height seating, a central island, a dedicated workspace, beverage cooler, bottle storage and a dining area enveloped in expansive windows. The primary bedroom offers direct access to its own private terrace with captivating city vistas, complemented by two custom walk-in closets and a spa-like bath for relaxation. Included with this residence are two deeded parking spaces and extra storage. Sarabande caters to your every need with 24-hour concierge service, two pools and an invigorating spa. Revel in self-care at the fitness center, relax in the massage and steam rooms, entertain guests in the clubroom complete with a catering kitchen or take advantage of other amenities including a library, wine storage, and two guest suites. Immerse yourself in the quintessential downtown Sarasota lifestyle by making this exceptional residence your own, where every detail offers sophisticated living at its finest.

Last Agent to Sell the Property

Joel Schemmel

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3060476 Listed on: 12/27/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Tom Palazzo

COLDWELL BANKER REALTY License #3547475

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,278

Year Built

  • Built in 1998

Lot Details

  • Property Fronts a Bay or Harbor
  • Northeast Facing Home
  • Mature Landscaping

HOA Fees

  • $2,604 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • On-Street Parking
  • Assigned Parking

Property Views

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,437 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Sliding Doors
  • Storage Room
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, recreational facilities, security, sewer, trash, water
  • Sarabande Community
  • Sarabande Subdivision
  • 16-Story Property

Amenities

  • Elevator
  • Community Mailbox
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pets up to 40 lbs

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,278

Year Built

Built in 1998

Lot Details

0

HOA Fees

$2,604 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, 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: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2437
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 3117
  • Directions to Property: US41/Mound Ave or Ringling Blvd to Palm Avenue. Palm Ave to Sarabande. Guest parking on site.
  • Status: Sold
  • Street Direction: S
  • Co List Office Phone: 941-364-4000
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 3
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 919.16
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: Elevated,High Rise
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Marble, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 16
  • Window Features: Blinds, Insulated Windows
  • Street Number Modifier: 340
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 226.40
  • Room Count: 7

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony, Sidewalk, Sliding Doors
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: City, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Intracoastal Waterway,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Guest, On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Security, Spa/Hot Tub, Storage
  • Association: No
  • Security: Security System
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: Verify with condo association.
  • Building Name Number: SARABANDE
  • Condo Fees: 7812
  • Condo Land Included YN: 0
  • Max Pet Weight: 40
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 2604

Fee Information

  • Total Annual Fees: 31248.00
  • Total Monthly Fees: 2604.00

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027114011
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, Sidewalk, Paved
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0405

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Verify with association and municipality.

Tax Info

  • Tax Annual Amount: 13278
  • Tax Book Number: 0032/0032
  • Tax Lot: 33

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Apr 11, 2024
Sold by
Bailey Richard A and Bailey Barbara L
Bought by
Mcclenahan David L and Mcclenahan Carol T
Seller's Agent
Joel Schemmel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Tom Palazzo
COLDWELL BANKER REALTY
List Price
$2,470,000
Sold Price
$2,240,000
Premium/Discount to List
-$230,000
-9.31%
Total Days on Market
71
Views
40
Current Estimated Value
$2,207,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,439
Avg. Annual Appreciation
-1.27%

Purchase Details

Closed on
Aug 5, 2010
Sold by
Gardner Beatrice and Gardner Wendy
Bought by
Bailey Richard A and Bailey Barbara L

Purchase Details

Closed on
Oct 6, 2004
Sold by
Gardner Beatrice
Bought by
Gardner Beatrice and Gardner Wendy
Source: Public Records

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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 Buyer Sale Price Title Company
Mcclenahan David L $2,240,000 None Listed On Document
Bailey Richard A $1,125,000 None Available
Gardner Beatrice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gardner Beatrice $200,000
Previous Owner Gardner Beatrice $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $2,240,000 -3.4% $919 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/26/2024 02/26/24 Price Changed $2,320,000 -6.1% $952 / Sq Ft
12/27/2023 12/27/23 For Sale $2,470,000 -- $1,014 / 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 $13,277 $1,675,600 -- $1,675,600
2023 $13,277 $910,638 $0 $0
2022 $12,932 $884,115 $0 $0
2021 $13,049 $858,364 $0 $0
2020 $13,201 $846,513 $0 $0
2019 $12,863 $827,481 $0 $0
2018 $12,656 $812,052 $0 $0
2017 $12,511 $795,350 $0 $0
2016 $12,334 $1,152,200 $0 $1,152,200
2015 $12,519 $1,013,600 $0 $1,013,600
2014 $12,508 $742,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joel Schemmel

    Seller's Agent in 2024

    Joel Schemmel

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 587-4894

    32 in this area

    347 Total Sales

    Joel Schemmel
    Section Image
  • Tom Palazzo

    Buyer's Agent in 2024

    Tom Palazzo

    COLDWELL BANKER REALTY

    (404) 734-5735

    4 in this area

    14 Total Sales

    Tom Palazzo
    Section Image
See All Agents

About Sarabande

Map

Source: Stellar MLS

MLS Number: A4593453

Stellar MLS

APN: 2027-11-4011

Florida Sarasota County Sarasota 34236 Downtown Sarasota

340 S Palm Ave Unit 33, Sarasota, FL

This home is located at 340 S Palm Ave Unit 33, Sarasota, FL 34236 since 27 December 2023 and is currently estimated at $2,207,561, approximately $905 per square foot. This property was built in 1998. 340 S Palm Ave Unit 33 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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