$799,000
$100K PRICE DROP

Estimated payment $6,900/month

Total Views 2,297
2 Beds
2 Baths
1,284 Sq Ft
$622 Price per Sq Ft

Highlights

  • White Water Ocean Views
  • Fitness Center
  • 1.45 Acre Lot
  • Southside Elementary School Rated A
  • Property is near a marina
  • Main Floor Primary Bedroom

About This Home

Welcome to Penthouse #2 at 770 S Palm Avenue in downtown Sarasota—a rarely available top-floor residence in the iconic Embassy House. Perched on the 18th floor, this two-bedroom, two-bath condo offers sweeping, unobstructed views of Sarasota Bay, the John Ringling Bridge, and the Gulf beyond. From this height, you’ll enjoy incredible privacy, no upstairs neighbors, and a daily front-row seat to some of the most breathtaking sunsets and sky color changes Sarasota has to offer. The layout is open and filled with natural light, featuring a practical kitchen, spacious living and dining areas, and a bright sunroom perfect for relaxing, entertaining and soaking in spectacular sunsets. Both bedrooms open onto a private terrace where you can take in morning sunrises and city views. Embassy House is known for its unbeatable bayfront location and strong sense of community. Amenities include a saltwater heated swimming pool, fitness center with bay views, electric car charging station, guest parking, outdoor grill, catering kitchen, and a recently updated modern lobby. Residents also enjoy the convenience of a concierge at the front desk, an on-site manager, and semi-private elevator access—to just two units. A shared laundry room for PH1 and PH2 is maintained by the HOA, along with service and replacement of washers, dryers, and A/C units. The building completed all structural integrity testing and had its roof replaced in 2024. The HOA fee includes cable, internet, water, sewer, and trash pickup—making it an easy, low-maintenance lifestyle. Just steps from Selby Gardens, Bayfront Park, Marina Jack, and all the dining, arts, and culture of downtown Sarasota, this penthouse offers the perfect blend of vibrant city living and serene waterfront views. Schedule your showing today and experience the view for yourself.

Listing Agent

Pam Charron

COMPASS FLORIDA LLC Brokerage Phone: 941-279-3630 License #3208565 Listed on: 09/02/2025

COMPASS FLORIDA LLC

Co-Listing Agent

Sandee Teresa

COMPASS FLORIDA LLC Brokerage Phone: 941-279-3630 License #3230037

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,457

Year Built

  • Built in 1975

Lot Details

  • West Facing Home

HOA Fees

  • $1,400 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Guest Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 15th floor
  • Membrane Roofing
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,284 Sq Ft Home
  • Ceiling Fan
  • Shades
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property is near a marina
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, internet, ground maintenance, management, pest control, security, sewer, trash, water
  • Stephanie Daza Association, Phone Number (941) 927-6464
  • High-Rise Condominium
  • Embassy House Community
  • Embassy House Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 18-Story Property

Amenities

  • Elevator
  • Community Mailbox

Recreation

Pet Policy

  • Cats Allowed

Security

  • Security Service
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,457

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,400 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Internet, Maintenance Grounds, Management, Pest Control, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1284
  • Lot Size Acres: 1.45
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1708
  • Lot Size Sq Ft: 62954
  • Status: Active
  • Street Direction: S
  • Co List Office Mls Id: MFR274501900
  • Co List Office Phone: 941-279-3630
  • Ownership: Condominium
  • Escrow State: FL
  • Floor Number: 15+
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 622.27
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: High Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-279-3630
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 18
  • Window Features: Shades
  • Living Area Meters: 119.29

Exterior Features

  • Direction Faces: West
  • Exterior Features: Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: City, Water
  • Water Body Name: SARASOTA BAY, GULF OF MEXICO
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other, Same Floor As Condo Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Fitness Center, Pool
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Security
  • Association Name: Stephanie Daza
  • Phone: 941-927-6464 107
  • Association: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: No dogs. Must obtain written approval for all pets. Refer to rules and regulations.
  • Condo Fees: 4199
  • Condo Land Included YN: 0
  • Association Email: sd.embassyhouse@gmail.com
  • Monthly Condo Fee Amount: 1400

Fee Information

  • Total Annual Fees: 16796.00
  • Total Monthly Fees: 1399.67

Schools

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

Lot Info

  • Zoning: DTB
  • Parcel Number: 2036032067
  • Additional Parcels: No
  • Lot Features: City Limits, Near Marina, Sidewalk
  • Flood Zone Code: AE X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to rules and regulations.

Tax Info

  • Tax Annual Amount: 15457
  • Tax Book Number: 1140-1847
  • Tax Lot: NA

Multi Family

  • Approval Process: Fee, application and approval.

Map

Range of Values:

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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 $14,706 $895,763 -- --
2023 $14,706 $1,201,300 $0 $1,201,300
2022 $13,553 $1,102,800 $0 $1,102,800
2021 $10,687 $673,000 $0 $673,000
2020 $10,340 $634,500 $0 $634,500
2019 $10,218 $694,900 $0 $694,900
2018 $8,582 $523,200 $0 $523,200
2017 $8,664 $523,200 $0 $523,200
2016 $8,899 $523,500 $0 $523,500
2015 $8,236 $466,800 $0 $466,800
2014 $7,565 $383,900 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2025 09/27/25 Price Changed $799,000 -11.1% $622 / Sq Ft
09/02/2025 09/02/25 For Sale $899,000 +95.4% $700 / Sq Ft
06/22/2012 06/22/12 Sold $460,000 0.0% $358 / Sq Ft View Prior Sale
05/17/2012 05/17/12 Pending -- -- --
06/09/2011 06/09/11 For Sale $460,000 -- $358 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $460,000 Msc Title Inc
Interfamily Deed Transfer -- --
Warranty Deed $530,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $299,000 New Conventional
Source: Public Records

Source: Stellar MLS

MLS Number: A4657032

Stellar MLS

APN: 2036-03-2067