$1,150,000

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
$417 / sqft
Condo

Property details

About 340 S Palm Ave Unit 15

One or more photo(s) has been virtually staged. One or more photos have been virtually staged. Don’t miss one of the best-priced condominium residences in downtown Sarasota. This 2,700 SF/three-bedroom/3.5 bath Sarabande condominium boasts an exceptional combination of space and value, with the luxury and convenience of a Palm Avenue location. Whether you’re a year-round resident or seasonal snowbird, you’ll appreciate the size and flow of this home, the well-managed and fully funded community, and the recent payment of a one-time special assessment by the motivated sellers. 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 with bridge and city views invites you to relax and unwind. The adjacent dining area, featuring a custom-built buffet, easily accommodates 8-10 guests, making it an ideal space for family gatherings or entertaining friends. Continue to the kitchen with a center island and dining bar, ample cabinet space, cozy eat-in breakfast area, built-in workspace, and direct terrace access. 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 own quarters, complete with an en-suite bath, ensuring luxury and privacy. The 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. 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. The residence also includes two garage parking spaces and a storage area. Sarabande boasts professional 24/7 staffing and meticulously maintained amenities: a heated lap pool, a second plunge pool, a large spa, and a grilling area. Stay fit in the well-equipped fitness center, which includes a massage room, sauna, and changing areas. Additional perks include two guest suites, a wine locker, 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 urban retreat with the theaters, galleries, shops, spas, and restaurants of Palm Ave and Main St. just outside your door. The sellers are motivated, and the home is comfortably move-in ready.

Highlights

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

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Assigned, Circular Driveway, Deeded, Guest, Basement
  • View: City, Water
  • Exterior: Balcony, Sidewalk, Sliding Doors, Storage
  • Heating: Central, Electric
  • Cooling: Central Air
  • List Price: $1,150,000
  • Price/SqFt: $416
  • HOA Amount: $2889 Quarterly
  • Annual Tax Amount: $17,703
  • Tax Year: 2023
  • Lot: Flood Zone, City Lot, Sidewalk, Paved
  • Directions: US41/Mound Ave or Ringling Blvd to Palm Avenue. Palm Ave to Sarabande. Guest parking on site.
  • Year Built: 1998
  • Stories: 15
  • Living Area: 2,761 SqFt
  • Lot Size: 1.29 Acres
  • MLS Number: A4596801
  • MLS Name: MFRMLS
  • Office Name: DOUGLAS ELLIMAN
  • Listing Agent: Amy Drake

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Last updated on: 6/28/2025, 9:34:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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340 S Palm Ave Unit 15, Sarasota, FL 34236 - view of property

$1,150,000

340 S Palm Ave Unit 15

$10,000

closing credit¹

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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. The most common type of family is single, no kids. 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 15

The listing price of 340 S Palm Ave Unit 15 property is $1,150,000.

The property 340 S Palm Ave Unit 15 is a condo located in Sarasota, Florida, 34236.

Active Listing: 340 S Palm Ave Unit 15 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 340 S Palm Ave Unit 15 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 $17,703 (source: MLS/based on county public records data).

The last sale was on December 16, 2008 for $1,250,000 (source: MLS/tax record).

The property at 340 S Palm Ave Unit 15 has 3 bedrooms and 3 full and 1 half bathrooms.

The property 340 S Palm Ave Unit 15 is 2,761 SqFt (source: MLS/tax record).

The year of construction for 340 S Palm Ave Unit 15 is 1998.

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 $1,150,000.

Sarasota, FL housing market in May 2025 saw over 28 listings sold above listed price, more than 69 sold at listed price and over 365 sold below. Between April and May 2025, Sarasota, FL real estate market has seen decrease in the number of listings by 1%. In May 2025 median list price was $496,832 and the average listing age was 62 days.

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

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