$1,570,000

340 S Palm Ave Unit 15 Sarasota, FL 34236

$10,000
Closing credit¹
3 beds
3 full, 1 partial
2,761 sqft
1.3 acres
$569 / sqft
Condo

Property details

About 340 S Palm Ave Unit 15

One or more photo(s) has been virtually staged. An exceptional combination of space, location, and excellent value define this distinctive Sarabande residence. It’s rare to find a spacious 2,700 square ft., three-bedroom/3.5 bath downtown condominium with two secure parking spaces and abundant storage where the interior space flows like a single-family home. Whether you’re a year-round resident or seasonal snowbird, you’ll appreciate the size and layout, as well as the convenience, service, and safety of a well-established, fully-funded community. Step off the elevator into your semi-private foyer, then through the front door into a light-filled 21 x 21 ft. living area. Floor-to-ceiling windows frame the city, and a comfortable terrace invites you to enjoy morning coffee and fiery sunsets, or simply to relax and unwind. The adjacent dining area, featuring a custom-built buffet, easily accommodates ten guests, making it an ideal space for family gatherings or entertaining friends. Continue through to the kitchen with a center island and dining bar for those who want to visit with the chef. You’ll appreciate the ample cabinet space, cozy eat-in breakfast area, designated built-in workspace, and direct terrace access. There is no shortage of storage throughout this spacious home, with closets in the entry and guest area, a pantry, a cedar-lined closet, and generous built-in closets in each bedroom. Through a set of double doors, the spacious owner’s retreat features a striking wall of windows and a modern en-suite bath with dual vanities, a large shower, a separate water closet, and two walk-in closets. Comfortably removed from the living and owner spaces, your guests will enjoy their quarters, complete with an en-suite bath and ample closet space, ensuring luxury and privacy. A third en-suite is yours to customize; whether you envision it as a third bedroom, media room, home office, or an art studio, the choice is yours. A separate powder bath is available to visitors. Sarabande boasts meticulously maintained amenities: a large, heated pool, a second plunge pool and spa, and a grilling area. Stay fit in the well-equipped fitness center, which includes a massage room, sauna, and changing area. Additional perks include two guest suites, wine lockers, professional 24/7 staffing, a library, a boardroom, and a spacious community event area with an expansive terrace and full kitchen. Grandly situated across from Sarasota Bay & the marina, Sarabande is a refined, well-appointed community, a convenient urban retreat with the theaters, galleries, shops, spas, and restaurants of Palm Ave and Main St. just outside your door. For those who are ready to experience the ease and excitement of downtown Sarasota, Sarabande 15 is move-in ready and available for a quick close.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,761 sqft
Lot size1.29 Acres
Year built1998
ParkingAssigned, Circular Driveway, Deeded, Guest, Under Building
MLS #A4596801
Attached garage2 spaces
ViewCity, Water

Summary

  • MLS Number: A4596801
  • MLS Name: MFRMLS
  • Office Name: DOUGLAS ELLIMAN
  • Listing Agent: Amy Drake

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

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:20:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$1,570,000

340 S Palm Ave Unit 15

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 16, 2008
Home Sold
$1,250,000
May 06, 2003
Home Sold
$820,000
Oct 20, 1998
Home Sold
$612,700

Tax history

YearAssessmentProperty Tax
2023$1,347,000$17,703
2022$1,214,900$16,155
2021$859,300$16,155
2020$1,170,600$13,706
2019$1,139,380$18,701
2018$1,035,800$16,879
2017$1,216,600$19,597

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. Most Sarasota, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most 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 15

This home is located at 340 S Palm Ave Unit 15 in Sarasota, FL and zip code 34236 in the Downtown Sarasota neighborhood. This 2,761 square foot home, which was built in 1998, sits on a 1.29 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $1,570,000.

Sarasota, FL housing market in February 2025 saw over 17 listings sold above listed price, more than 62 sold at listed price and over 258 sold below. The number of homes for sale in Sarasota, FL increased by 10.1% between January and February 2025. While the average time on the market in February 2025 was 72 days, the median list price was $510,555.

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

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