$10,000 Closing Credit¹
#A4634965, Deborah Beacham, Listing office: MICHAEL SAUNDERS & COMPANY
$1,290,000 List price
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
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Flooring Type: Tile
- Interior: High Ceilings, Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
- Fireplace: Electric, Primary Bedroom
- Total Bedroom Count: 2
- Garage Space: 1 space
- Attached Garage: Yes
- Private Pool: No
- Parking: Assigned, Covered, Deeded, Garage Door Opener, Ground Level, Guest
- View: City, Pool, Trees/Woods, Water
- Exterior: Balcony, Lighting, Outdoor Grill, Sidewalk, Storage
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $1,290,000
- Price/SqFt: $557
- HOA Amount: $2437 Quarterly
- Annual Tax Amount: $18,912
- Tax Year: 2023
- Lot: Flood Zone, City Lot, Landscaped, Sidewalk, Paved
- Directions: US41/Mound Ave or Ringling Blvd to Palm Avenue. Palm Ave to Sarabande. Guest parking on site.
- Year Built: 1998
- Stories: 16
- Living Area: 2,313 SqFt
- MLS Number: A4634920
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER SARASOTA CENT.
- Office Phone: (941) 487-5600
- Listing Agent: Michael Ballantyne
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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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: 6/17/2025, 11:34:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$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
| Date | Event | Price |
|---|---|---|
| Mar 10, 2021 | Home Sold | $985,000 |
| Apr 22, 2002 | Home Sold | $700,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $84,075. Most Sarasota, FL residents have annual incomes between $35k-100k. 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/LPGA
Hiking/backpacking
Minor League Baseball Games
Where do the neighbors shop?
Stein Mart
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Chick-fil-A
What do the neighbors drive?
Lincoln
Cadillac
Mazda
What do the neighbors listen to?
Classical
Rock
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 340 S Palm Ave Unit Pl1
The listing price of 340 S Palm Ave Unit Pl1 property is $1,290,000.
The property 340 S Palm Ave Unit Pl1 is a condo located in Sarasota, Florida, 34236.
Active Listing: 340 S Palm Ave Unit Pl1 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 340 S Palm Ave Unit Pl1 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 $18,912 (source: MLS/based on county public records data).
The last sale was on March 10, 2021 for $985,000 (source: MLS/tax record).
The property at 340 S Palm Ave Unit Pl1 has 2 bedrooms and 3 full and 1 half bathrooms.
The property 340 S Palm Ave Unit Pl1 is 2,313 SqFt (source: MLS/tax record).
The year of construction for 340 S Palm Ave Unit Pl1 is 1998.
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.
Over 28 listings were sold over their listed price in May 2025 in Sarasota, FL. In the same period over 365 listings were sold below the listed price and 69 listings were sold for the listed price. The number of homes for sale in Sarasota, FL decreased by 1% between April and May 2025. The median list price of listings available in May 2025 was $496,832, while the average time on the real estate market was 62 days.
From Rocket Homes Real Estate and based on county public records data.