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$1,550,000

340 S Palm Ave Unit 11 Sarasota, FL 34236

2 beds
2 full
2,075 sqft
$747 / sqft
Condo

Property details

About 340 S Palm Ave Unit 11

Discover the pinnacle of waterfront luxury living in this exquisite corner unit on esteemed Palm Avenue, nestled along the shimmering Sarasota Bay. This meticulously designed 2-bedroom, 2-bathroom condo, with an additional den, offers 2,075 square feet of refined living space featuring hardwood floors throughout. The top-of-the-line kitchen is a chef’s dream, equipped with premium Jenn-Air and Bosch appliances, ideal for both everyday cooking and entertaining. The expansive master suite is a private sanctuary, with floor-to-ceiling windows framing stunning city views, allowing you to wake up to Sarasota’s natural beauty each day. It includes a sprawling 600-square-foot layout, an oversized custom walk-in closet, and convenient electric window shades for effortless light control. Step out onto the spacious balcony to experience daily sunsets over the bay and enjoy a front-row seat to Fourth of July fireworks, creating memorable experiences right from your home. This luxurious condo provides an unparalleled lifestyle with two secure parking spots, two storage lockers, and exclusive access to two pools, including a heated lap pool. Pamper yourself and your pets with a pet-friendly atmosphere and entertain guests in style with available guest suites. The complete fitness center offers state-of-the-art equipment for an active lifestyle. Located just a short walk away from Sarasota's finest dining, upscale shopping, art galleries, and theaters, this condo epitomizes elegance, convenience, and waterfront living at its best. Embrace the Sarasota Bay lifestyle—where luxury meets convenience on Palm Avenue.

Highlights

Home typeCondominium
HeatingElectric
StatusActive
CoolingCentral Air
Size2,075 sqft
Year built1998
MLS #O6256704
Attached garage2 spaces
WaterfrontBay

Summary

  • Full Bathrooms: 2
  • Appliances: Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Hardwood, Tile
  • Interior: Built-in Features, Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Waterfront: Bay
  • Exterior: Balcony, Sidewalk, Sliding Doors, Storage
  • Heating: Electric
  • Cooling: Central Air
  • List Price: $1,550,000
  • Price/SqFt: $746
  • HOA Amount: $2096 Quarterly
  • Annual Tax Amount: $15,701
  • Tax Year: 2023
  • Directions: GPS
  • Year Built: 1998
  • Stories: 16
  • Living Area: 2,075 SqFt
  • MLS Number: O6256704
  • MLS Name: MFRMLS
  • Office Name: KELLER WILLIAMS ELITE REALTY
  • Office Phone: (239) 949-8338
  • Listing Agent: Donna Mason, PA

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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Last updated on: 7/10/2025, 10:34:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 18, 2021
Home Sold
$1,400,000
May 26, 2017
Home Sold
$875,000

Tax history

YearAssessmentProperty Tax
2023$1,079,329$15,701
2022$1,047,892$15,318
2021$791,100$15,318
2020$830,090$299
2019$811,427$287
2018$796,297$284
2017$1,053,300$17,244

History based on county public records data.

Nearby schools

5

Alta Vista Elementary School

Public District PK-5

1.5 mi

1050 S Euclid Ave

10

Southside Elementary School

Public District PK-5

1.8 mi

1901 Webber St

4

Tuttle Elementary School

Public District PK-5

1.9 mi

2863 8th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $84,075. Residents of Sarasota, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

25%
<35k
36%
35k-100k
24%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
2%
Single, with Kids
33%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

2%
<11 yrs old
1%
12-17 yrs old
7%
18-34 yrs old
38%
35-64 yrs old
52%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Minor League Baseball GamesMinor League Baseball Games

Where do the neighbors shop?

  • Stein MartStein Mart
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • LincolnLincoln
  • CadillacCadillac
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • RockRock
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 340 S Palm Ave Unit 11

The listing price of 340 S Palm Ave Unit 11 property is $1,550,000.

The property 340 S Palm Ave Unit 11 is a condo located in Sarasota, Florida, 34236.

Active Listing: 340 S Palm Ave Unit 11 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 340 S Palm Ave Unit 11 are: Alta Vista Elementary School (GreatSchools Rating 5/10), Southside Elementary School (GreatSchools Rating 10/10), Tuttle Elementary School (GreatSchools Rating 4/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Brookside Middle School (GreatSchools Rating 6/10), Sarasota Military Academy (GreatSchools Rating 5/10), Sarasota High School (GreatSchools Rating 4/10), Booker High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $15,701 (source: MLS/based on county public records data).

The last sale was on June 18, 2021 for $1,400,000 (source: MLS/tax record).

The property at 340 S Palm Ave Unit 11 has 2 bedrooms and 2 bathrooms.

The property 340 S Palm Ave Unit 11 is 2,075 SqFt (source: MLS/tax record).

The year of construction for 340 S Palm Ave Unit 11 is 1998.

This home is located at 340 S Palm Ave Unit 11 in Sarasota, FL and zip code 34236 in the Downtown Sarasota neighborhood. This 2,075 square foot home was built in 1998. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,550,000.

Over 23 listings were sold over their listed price in June 2025 in Sarasota, FL. In the same period over 364 listings were sold below the listed price and 51 listings were sold for the listed price. The inventory of homes for sale in Sarasota, FL between May and June 2025 decreased by 2%. The median list price of listings available in June 2025 was $495,118, while the average time on the real estate market was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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