$2,500,000

340 S Palm Ave Unit 45 Sarasota, FL 34236

$10,000
Closing credit¹
3 beds
3 full, 1 partial
2,761 sqft
$905 / sqft
Condo

Property details

About 340 S Palm Ave Unit 45

Enjoy unparalleled luxury with scenic bay vistas and resort-like amenities. Welcome to this exceptional residence at the Sarabande Condominium, offering 2,761 square feet of luxurious living with breathtaking panoramic views of Sarasota's iconic Bayfront. After exiting the elevator into the newly remodeled, semi-private entry, you are greeted by a sophisticated open space adorned with warm wood flooring and striking coffered ceilings that create a welcoming and refined atmosphere. The heart of the home is the expansive central living area, where walls of glass frame Sarasota’s stunning shoreline and cityscape. An impressive kitchen features bespoke cabinetry, a beautiful stone-topped island with bar seating, and top-of-the-line Thermador, GE, and Bosch appliances. A wine enthusiast’s dream, the kitchen boasts a 130-bottle wine refrigerator while a water filtration system ensures purity in every glass. Sliders from the kitchen and dining area open onto a spacious balcony, offering stunning views of Sarasota Bay. The primary suite offers an unparalleled retreat with floor-to-ceiling windows showcasing picturesque views, custom built-ins, spacious walk-in closet, and spa-inspired bath with dual vanities and walk-in shower. The guest bedroom also enjoys abundant natural light from large windows, built-in drawers and an en-suite bath, while a generous den provides flexibility as a potential third bedroom with a built-in Murphy bed and desk. Throughout the residence, you’ll find thoughtful design touches, including motion-sensor lights in the custom closets and automated blinds in the living room and primary bedroom. Additional features include a central air purifier, LG washer/dryer (less than 3 years old), and a 50-gallon water heater installed in December 2024. For added convenience, the home offers garage parking for two vehicles, complete with 220V outlet for electric vehicle charging capability, and two storage units with racks. The Sarabande Condominium offers a host of first-class amenities, including pools, spa, fully equipped fitness center with steam room and massage facilities, and a well-appointed club room with a catering kitchen. Residents enjoy concierge service, professional on-site management, and access to guest suites for visitors. Additional amenities include a library, wine storage, and a newly installed roof (2024). The property has also completed its Milestone Inspection Report for peace of mind. Embrace the epitome of refined living in Sarabande.

Highlights

Home typeCondominium
HeatingElectric, Heat Pump
StatusSale Pending
(Pending)
CoolingCentral Air
Size2,761 sqft
Year built1998
ParkingCircular Driveway, Guest, On Street, Under Building
MLS #A4635785
Attached garage2 spaces
ViewCity, Water

Summary

  • MLS Number: A4635785
  • MLS Name: MFRMLS
  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Georgina Clamage

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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: 3/15/2025, 11:19:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view with a water view

$2,500,000

340 S Palm Ave Unit 45

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 16, 2010
Home Sold
$975,000

Tax history

YearAssessmentProperty Tax
2023$971,106$14,220
2022$942,821$13,848
2021$915,360$13,848
2020$902,722$13,975
2019$882,426$13,776
2018$865,973$13,555
2017$848,162$13,400

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. Typical income of Sarasota, FL residents is between $35k-100k annually. Most families are single, no kids. 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 45

This home is located at 340 S Palm Ave Unit 45 in Sarasota, FL and zip code 34236 in the Downtown Sarasota neighborhood. This 2,761 square foot home was built in 1998. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $2,500,000.

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. Between January and February 2025, Sarasota, FL real estate market has seen increase in the number of listings by 10.1%. In February 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $510,555.

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

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