$1,290,000

340 S Palm Ave Unit Pl1 Sarasota, FL 34236

$10,000
Closing credit¹
2 beds
3 full, 1 partial
2,313 sqft
$558 / sqft
Condo

Property details

About 340 S Palm Ave Unit Pl1

Welcome to 340 S. Palm Ave, a truly exceptional and one-of-a-kind condo residence that effortlessly combines city elegance, chic design, and sophisticated living. This downtown gem is a haven for those seeking the perfect blend of luxury and convenience. The residence greets you with an artistically styled foyer, featuring a ceiling rotunda with striking lighting, leading to an expansive open floor plan that serves as the perfect backdrop for entertaining. The living area showcases a custom continental bar that comfortably seats six, Floor-to-ceiling windows and sliders throughout envelop the spaces, framing sweeping views of the city and bay and flooding the interior with natural light. The 20' X 23' primary bedroom is a serene retreat complete with an electric fireplace, two ensuite bathrooms, and walk-in closets for ultimate comfort and privacy. Every corner of this residence has been meticulously crafted with attention to detail in mind. The powder room jewel box boasts a gold leaf glass tile ceiling, adding a touch of opulence to your everyday routine. The kitchen is a culinary enthusiast's dream, featuring ample counter space, a breakfast bar, and a chef's desk for all your cooking needs. The combined Butler's pantry and laundry area provide additional convenience and storage options. The one-of-a-kind 2,200sf wrap-around veranda provides the perfect setting for hosting seasonal & holiday gatherings or simply enjoying the stunning western sunsets. Experience the epitome of luxury living with amenities such as a Fitness & Spa Center, a 24-hour concierge desk and on-site manager to cater to your every need. With its prime location on Palm Avenue, you'll have easy access to the vibrant downtown scene, including renowned restaurants, theaters, art galleries, and more. Don't miss this opportunity to own a piece of sophistication in Sarasota. Schedule your private tour today and discover the endless possibilities awaiting you at 340 S. Palm Ave.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,313 sqft
Year built1998
ParkingAssigned, Covered, Deeded, Garage Door Opener, Ground Level, Guest
MLS #A4634920
Attached garage1 space
FireplaceElectric, Primary Bedroom
ViewCity, Pool, Trees/Woods, Water

Summary

  • MLS Number: A4634920
  • MLS Name: MFRMLS
  • Office Name: COLDWELL BANKER SARASOTA CENT.
  • Office Phone: (941) 487-5600
  • Listing Agent: Michael Ballantyne

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, 3:20:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view featuring a water view and a city view

$1,290,000

340 S Palm Ave Unit Pl1

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 10, 2021
Home Sold
$985,000
Apr 22, 2002
Home Sold
$700,000

Tax history

YearAssessmentProperty Tax
2023$1,255,300$18,912
2022$1,160,500$17,610
2021$750,600$17,610
2020$587,111$11,969
2019$573,911$8,809
2018$563,210$8,664
2017$551,626$8,562

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. The majority of Sarasota, FL residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically 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 Pl1

This home is located at 340 S Palm Ave Unit Pl1 in Sarasota, FL and zip code 34236 in the Downtown Sarasota neighborhood. This 2,313 square foot home was built in 1998. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $1,290,000.

While more than 17 listings in Sarasota, FL in February 2025 were sold above asking price, there were more than 62 listings sold at asking price, and more than 258 were sold below. The number of homes for sale in Sarasota, FL increased by 10.1% between January and February 2025. The median list price of listings available in February 2025 was $510,555, 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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