$1,845,000

505 S Orange Ave Unit 501 Sarasota, FL 34236

$10,000
Closing credit¹
3 beds
3 full, 1 partial
3,003 sqft
$614 / sqft
Condo

Property details

About 505 S Orange Ave Unit 501

KANAYA, a boutique building footsteps to all the vibrant cultural epicenter of downtown where luxury, lifestyle, and location converge. The northwestern facing 5th-floor corner end unit features 3,003 square feet, 3 bedrooms, 3.5 baths, and an office/den with views of Downtown Sarasota and Sarasota Bay. A private elevator delivers you to a private vestibule/foyer, setting the stage for a warm welcome arrival. The open flow dining/living area is perfect for entertaining leading out to the expansive balcony to take in the Florida breeze and feel the energy of the Burns Court and Laurel Park below. The kitchen's spacious layout allows all to enjoy watching the culinary creations. The private primary suite includes a 13x10 private study for those working remotely and need privacy. The entire condo is wired with cat 5e ethernet cables for the fastest and most efficient connectivity. The spacious suite is a large corner bedroom, with separate balcony access, an owner's bath suite with a soaking tub, shower with transom window, water closet, two vanities, and an oversized walk-in closet. Two additional bedroom ensuites have access to a private balcony. Kanaya is an exclusive secure building with Butterfly MX smart intercom system which is a Cloud-based access controller that works whether you’re onsite or remote. Kanaya Amenities include a magnificent 16th-floor rooftop lounge seating and showstopping panoramic views of the barrier islands, downtown Sarasota, bayfront, Marina Jacks out to the Gulf of Mexico. The 3rd floor offers a south-facing 65-foot heated lap pool, sunbathing deck, fire tables, shower/sauna, yoga room, fitness center, and indoor social room and kitchen. Additional features include two deeded parking and two storage rooms. Extra bike storage for all your toys. Burns Court district provides easy access to eateries, movie theater, yoga studio and trendy boutiques. Barrier islands, Lido, Siesta and Longboat Key known for their powdery sand and turquoise waters, are a short drive away. Kanaya is a pet friendly building so your furry friends are welcome. Kanaya has excellent financials, is well-funded, has a backup building generator and recently passed favorably the Milestone Report by Karins Engineering, providing owners peace of mind. Overall, this residence offers the ideal combination of space, features, and proximity to the dynamic downtown area. This hidden gem is a value and available immediately!

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size3,003 sqft
Year built2007
ParkingAssigned, Covered, Electric Vehicle Charging Station(s), Guest, Under Building
MLS #A4638659
Attached garage2 spaces
ViewWater

Summary

  • MLS Number: A4638659
  • MLS Name: MFRMLS
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 366-8070
  • Listing Agent: Christine del Monte

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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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$1,845,000

505 S Orange Ave Unit 501

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Nov 14, 2007
Home Sold
$810,000

Tax history

YearAssessmentProperty Tax
2023$511,999$7,491
2022$497,086$7,245
2021$482,608$7,245
2020$475,945$7,287
2019$465,244$7,168
2018$456,569$7,048
2017$447,178$6,966

History based on county public records data.

Nearby schools

5

Alta Vista Elementary School

Public District PK-5

1.3 mi

1050 S Euclid Ave

10

Southside Elementary School

Public District PK-5

1.7 mi

1901 Webber St

4

Tuttle Elementary School

Public District PK-5

1.8 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. Typical family type 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 505 S Orange Ave Unit 501

This home is located at 505 S Orange Ave Unit 501 in Sarasota, FL and zip code 34236 in the Burns Square neighborhood. This 3,003 square foot home was built in 2007. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $1,845,000.

Over 17 listings were sold over their listed price in February 2025 in Sarasota, FL. In the same period over 258 listings were sold below the listed price and 62 listings were sold for the listed price. The number of listings 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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