NOT LISTED FOR SALE

Sarabande 340 S Palm Ave Unit 945 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $3,171,350

5 Beds
5.5 Baths
4,534 Sq Ft
$4,579/mo HOA Fee

Last Sold August 07, 2024

Last sale price $2,972,800 $656 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $23,627/month

168 Days on Market

Highlights

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

About This Home

As of August 2024

Experience the epitome of luxury living at this Bayfront condominium, boasting mesmerizing 180-degree water views. This extraordinary 5-bedroom, 5.5-bathroom offers 4534 sq. ft. of meticulously designed living space. Perched in a prime location, this residence has unparalleled views of the bay from every angle, creating a serene and picturesque backdrop for your daily life. Step into the grandeur of the living room, where floor-to-ceiling sliding glass doors provide breathtaking views of the Bayfront. Adorned with wood floors, this space invites you to experience the beauty of the bay while a sophisticated wet bar, complete with an undercabinet SubZero beverage refrigerator and beer refrigerator with tap dispenser, stands ready to be the centerpiece of your entertainment. With seating for seven, it's an ideal setting for hosting gatherings or savoring quiet evenings with loved ones. The gourmet kitchen is a chef's dream, featuring, a separate Subzero refrigerator and freezer, Dacor cooktop with grill insert or griddle, double built-in ovens and a Bosch dishwasher. The expansive granite countertops provide ample space for culinary creations, complemented by a pantry closet that ensures you have all the storage you need. The split plan ensures that each of the 5 bedrooms boasts its own en-suite bathroom, providing a private and indulgent retreat for every resident. It also comes with the added benefit of 2 parking spaces for your convenience. The thoughtful design, coupled with the panoramic views and high-end amenities, make this property a rare gem in the world of real estate. Indulge in the epitome of Bayfront living and make this home your own. Schedule a viewing today to experience the unparalleled luxury and lifestyle this residence has to offer.

Last Agent to Sell the Property

Bibi-Ann Allard

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0697394 Listed on: 02/01/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Stephanie Soffer

KELLER WILLIAMS ON THE WATER S License #3504389

KELLER WILLIAMS ON THE WATER S

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,811

Year Built

  • Built in 1998

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $4,579 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • 2 Parking Garage Spaces
  • Deeded Parking

Property Views

Home Design

  • Entry on the 9th floor
  • Pillar, Post or Pier Foundation
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,534 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • High Ceiling
  • Tinted Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Den
  • Storage Room
  • Inside Utility

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Pool Deck

Outdoor Features

  • Access to Bay or Harbor
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, security, sewer, trash, water
  • Kyanne Merrill Association, Phone Number (941) 957-1639
  • Sarabande Community
  • Sarabande Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Spa

Pet Policy

  • Pets up to 60 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,811

Year Built

Built in 1998

Lot Details

0

HOA Fees

$4,579 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 4534
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 4998
  • Directions to Property: Downtown Sarasota, 41 to John Ringling Blvd to South Palm Ave.
  • Status: Sold
  • Street Direction: S
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 9
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 655.67
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit,High Rise
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 5
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: No
  • Stories: 1
  • Window Features: Tinted Windows
  • Street Number Modifier: 340
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Inside Utility,Storage Rooms
  • Living Area Meters: 421.22
  • Room Count: 10

Exterior Features

  • Direction Faces: West
  • Pool Features: Deck, In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: SARASOTA BAY & GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Bay/Harbor
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Partial,Marina
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Deeded, Guest, Under Building

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Pool
  • Association Amenities: Cable TV, Elevator(s), Pool, Security, Spa/Hot Tub
  • Association Name: Kyanne Merrill
  • Phone: 941-957-1639
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See rules & regulations
  • Building Name Number: SARABANDE
  • Condo Fees: 13738
  • 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: 4579
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 54952.00
  • Total Monthly Fees: 4579.33

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027114038
  • Additional Parcels: No
  • Lot Features: City Limits
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease restrictions

Tax Info

  • Tax Annual Amount: 25811
  • Tax Book Number: 32-32
  • Tax Lot: 945

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: Lease restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Aug 7, 2024
Sold by
Conahan James P and Conahan Kathleen K
Bought by
Oberer Michael and Oberer Tonya
Seller's Agent
Bibi-Ann Allard
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stephanie Soffer
KELLER WILLIAMS ON THE WATER S
List Price
$4,100,000
Sold Price
$2,972,800
Premium/Discount to List
-$1,127,200
-27.49%
Views
115
Current Estimated Value
$3,171,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,550
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Oct 3, 2014
Sold by
Conahan James P and Conahan Kathleen K O
Bought by
Conahan James P and Conahan Kathleen K O

Purchase Details

Closed on
Aug 31, 1998
Sold by
Tangerine Gulfstream Prop Inc
Bought by
Conahan James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.92%
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 Buyer Sale Price Title Company
Oberer Michael $2,972,800 None Listed On Document
Conahan James P -- Attorney
Conahan James P $1,286,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conahan James P $417,000
Previous Owner Conahan James P $490,000
Previous Owner Conahan James $500,000
Previous Owner Conahan James P $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $2,972,800 -16.3% $656 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $3,550,000 -9.0% $783 / Sq Ft
02/20/2024 02/20/24 Price Changed $3,900,000 -4.9% $860 / Sq Ft
02/01/2024 02/01/24 For Sale $4,100,000 -- $904 / 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 $25,811 $1,790,946 -- --
2023 $25,811 $1,738,783 $0 $0
2022 $25,164 $1,688,139 $0 $0
2021 $25,426 $1,638,970 $0 $0
2020 $25,729 $1,616,341 $0 $0
2019 $25,084 $1,580,001 $0 $0
2018 $24,688 $1,550,541 $0 $0
2017 $24,414 $1,518,649 $0 $0
2016 $24,421 $2,341,400 $0 $2,341,400
2015 $24,791 $2,059,700 $0 $2,059,700
2014 $24,775 $1,443,695 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bibi-Ann Allard

    Seller's Agent in 2024

    Bibi-Ann Allard

    Michael Saunders

    (941) 685-0422

    86 in this area

    111 Total Sales

    Bibi-Ann Allard
    Section Image
  • Stephanie Soffer

    Buyer's Agent in 2024

    Stephanie Soffer

    KELLER WILLIAMS ON THE WATER S

    (941) 900-4151

    3 in this area

    26 Total Sales

    Stephanie Soffer
    Section Image
  • Laura Rode

    Buyer Co-Listing Agent in 2024

    Laura Rode

    KELLER WILLIAMS ON THE WATER S

    (860) 806-3737

    23 in this area

    1,038 Total Sales

    Laura Rode
    Section Image
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About Sarabande

Map

Source: Stellar MLS

MLS Number: A4598122

Stellar MLS

APN: 2027-11-4038

Florida Sarasota County Sarasota 34236 Downtown Sarasota

340 S Palm Ave Unit 945, Sarasota, FL

This home is located at 340 S Palm Ave Unit 945, Sarasota, FL 34236 since 01 February 2024 and is currently priced at $3,171,350, approximately $699 per square foot. This property was built in 1998. 340 S Palm Ave Unit 945 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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