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$3,500,000
500 S Palm Ave Unit 52, Sarasota, FL 34236
3 Beds
5 Baths
3,315 SqFt

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Bridge, Bay and Beyond…unobstructed panoramic sunset water views from this outstanding 3 full bedroom + study, 4.5 bath residence that lives like a single family home yet provides all the conveniences required for an exclusive condominium lifestyle. Numerous recent updates showcase an open, spacious top-of-the line chef’s kitchen with an eat-in and bar area where cooking and entertaining are seamlessly combined with the dining and great room - all capturing magnificent views. The grand main bedroom suite with a double door entry includes 2 separate baths with updates, generous walk-in custom closets, and access to the 615 SF bay-front wrap-around terrace. Two gracious guest suites are positioned for privacy and offer their own en-suite bathrooms. Artwork can be displayed beautifully with plenty of wall space, 10 ft ceilings and LED lighting reflecting off the light hardwood floors. Closet space is plentiful, including a separate air-conditioned closet (perfect for a wine cellar). This residence is fitted with hurricane shutters and includes a rarely available, private enclosed oversized 2-car garage. Tessera is a pet-friendly boutique community that offers an abundance of amenities such as a newly renovated fitness center, generous card/gathering room, well-equipped catering kitchen plus a lap pool, spa and outdoor grill and is located on the fashionable, residential section of Palm Avenue, just a short stroll to the lively energy of downtown Sarasota and its shopping, dining & cultural venues.
  • Price:
  • $3,500,000
  • Bedrooms:
  • 3
  • Full Baths:
  • 4
  • Half Baths:
  • 1
  • Square Footage:
  • 3,315
  • Year Built:
  • 2000
  • Listing ID #:
  • MFRA4521937
  • Street Address:
  • 500 S Palm Ave Unit 52
  • City:
  • Sarasota
  • State:
  • Florida
  • Postal Code:
  • 34236
  • County:
  • Sarasota
  • Community:
  • Sarasota
  • Subdivision:
  • Tessera
  • Listing Status:
  • Pending
  • Listing Type:
  • Condominium
  • Approximate Total Liveable Area:
  • 3315
  • Architecture Style:
  • Custom, Other
  • Building Faces:
  • West
  • Building Security:
  • Secured Garage / Parking
  • Construction Type:
  • Block, Stucco
  • Elevators:
  • 1
  • Exterior Features:
  • Balcony, Hurricane Shutters, Sliding Doors
  • Flooring:
  • Wood
  • Foundation:
  • Slab
  • Furnished:
  • Unfurnished
  • Interior Features:
  • Crown Molding, Eat-In Kitchen, High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Stories:
  • 12
  • Stories:
  • One
  • Total Building Square Footage:
  • 3930
  • Type Of Roof:
  • Membrane
  • Unit Level:
  • 7
  • View:
  • City, Water
  • Year Built:
  • 2000
  • Conforms To Zoning:
  • Dtb
  • Federal Flood Zone:
  • Ae
  • Lot Features:
  • City Limits, Near Public Transit, Sidewalk, Paved
  • Road Type:
  • Paved
  • Vegetation:
  • Mature Landscaping
  • Association Amenities:
  • Elevator(s), Fitness Center, Pool, Recreation Facilities
  • Can Be Leased:
  • 1
  • Community Features:
  • Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Wheelchair Access
  • Days On Market:
  • 165
  • Minimum Lease Term:
  • 8-12 Months
  • On Market Date:
  • 2022-01-20
  • Originating Mls:
  • Mfrmls
  • Property Description:
  • End Unit, High Rise
  • Terms:
  • Cash, Conventional
  • Annual Association Fee:
  • $26,000
  • Association Fees Monthly Equivalent:
  • $2,167
  • Condo Owners Association Fees:
  • $6,500
  • Hoa Fee Includes:
  • Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Management, Pest Control, Pool, Recreational Facilities, Sewer, Trash, Water
  • Ownership:
  • Condominium
  • Property Taxes:
  • $23,703
  • Tax Year:
  • 2021
  • Room 1 Dimensions:
  • 24x21
  • Room 1 Length:
  • 21
  • Room 1 Level:
  • First
  • Room 1 Type:
  • Living Room
  • Room 1 Width:
  • 24
  • Room 2 Dimensions:
  • 12x12
  • Room 2 Length:
  • 12
  • Room 2 Level:
  • First
  • Room 2 Type:
  • Dining Room
  • Room 2 Width:
  • 12
  • Room 3 Dimensions:
  • 24x11
  • Room 3 Length:
  • 11
  • Room 3 Level:
  • First
  • Room 3 Type:
  • Kitchen
  • Room 3 Width:
  • 24
  • Room 4 Dimensions:
  • 18x18
  • Room 4 Length:
  • 18
  • Room 4 Level:
  • First
  • Room 4 Type:
  • Master Bedroom
  • Room 4 Width:
  • 18
  • Room 5 Dimensions:
  • 18x14
  • Room 5 Length:
  • 14
  • Room 5 Level:
  • First
  • Room 5 Type:
  • Bedroom 2
  • Room 5 Width:
  • 18
  • Room 6 Dimensions:
  • 13x11
  • Room 6 Length:
  • 11
  • Room 6 Level:
  • First
  • Room 6 Type:
  • Bedroom 3
  • Room 6 Width:
  • 13
  • Room 7 Dimensions:
  • 13x11
  • Room 7 Length:
  • 11
  • Room 7 Level:
  • First
  • Room 7 Type:
  • Den
  • Room 7 Width:
  • 13
  • Max Pet Size:
  • Medium (36-60 Lbs.)
  • Number Of Pets:
  • 2
  • Pet Allowed:
  • Size Limit, Yes
  • Pet Restriction Description:
  • Dogs Or Cats - 2 Allowed. 50lb Weight Limit Per Association Rules & Regs (attached). Pets Must Be Fully Vaccinated.
  • Garage Parking Spaces:
  • 2
  • Has Attached Garage:
  • Yes
  • Has Garage:
  • Yes
  • Parking Description:
  • Assigned, Covered, Garage Door Opener, Oversized, Under Building
  • Patio Description:
  • Covered, Wrap Around
  • Spa:
  • Yes
  • Spa Description:
  • Heated
  • Appliances:
  • Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Refrigerator, Washer, Water Filtration System
  • Cooling System:
  • Central Air, Zoned
  • Existing Water:
  • Public
  • Heating:
  • Central, Zoned
  • Laundry:
  • Inside, Laundry Room
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Bb/Hs Internet Available, Cable Connected, Electricity Connected, Public
  • Water View:
  • 1
  • Water View Description:
  • Bay/Harbor - Full, Intracoastal Waterway
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By COLDWELL BANKER REALTY
  • © 2022 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.
    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
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