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500 S Palm Avenue Unit: Unit: 31, Sarasota, FL

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$2,495,000

($882/sqft)

List Status: Active
500 S Palm Avenue
Sarasota, FL 34236


3 beds
3 baths
2830 living sqft
Top Features
  • View: Water, City
  • Subdivision: Tessera
  • Built in  2000
  • Condominium
Description
Spectacular Bay, Downtown, John Ringling Bridge views and glorious sunsets are yours in this sophisticated 3 bedroom, 3.5 bath Downtown Sarasota residence in the exclusive Tessera condominium, providing a distinguished lifestyle and easy access to all that Sarasota has to offer. Exceeding the highest standards of design, form and function, numerous updates and features offer convenience and refined style and this exceptional home blends the privacy and scale of a single-family residence with the ease and amenities of luxury condominium living. Enter the home through the beautifully appointed double-door foyer, framed by a circular tray ceiling, bespoke chandelier, and gallery-style walls ideal for art and sculpture. The walls of glass bestow best-in-class panoramic views while thoughtful finishes; warm luxury vinyl plank flooring, chic Mica wallpaper, designer lighting, and a fresh coastal palette set a tone of understated sophistication. Walk into the expansive main living area, where floor-to-ceiling sliders optimize Bay views and effortlessly connect to a flexible sitting area—perfect for relaxing, watching the game, or opening to the main space for larger gatherings. The elegant dining area offers stunning Bay vistas that elevate every meal. The kitchen is both functional and inviting, showcasing stone countertops, a double-door refrigerator, dual wall ovens, a large pantry, abundant cabinetry, and a convenient pass through to the dining area. Enter the sprawling primary suite, a private retreat enhanced by its own terrace and a reimagined layout providing his-and-hers bathrooms, dual vanities, two generous walk-in closets, soaking bathtub and a shared marble-and-glass surround shower. Floor-to-ceiling windows frame treetop and Bay views, creating a serene environment from sunrise to sunset. The additional bedrooms offer comfort and privacy, including a guest suite with ensuite bathroom and terrace access, and a second guest bedroom currently serving as a sophis
Property Details
Additional Information
Additional Lease Restrictions
Lease restrictions
Additional Parcels YN
false
Additional Rooms
Den/Library/Office
Alternate Key Folio Num
2027145005
Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Water Filtration System
Approval Process
application with fee
Architectural Style
Contemporary
Association Amenities
Elevator(s), Lobby Key Required, Storage
Association Approval Required YN
1
Association Email
hnisbet@amiwra.com
Association Fee Includes
Cable TV, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
Association YN
false
Attached Garage YN
true
Available For Lease YN
1
Bathrooms Total Integer
4
Building Area Source
Public Records
Building Area Total
3655
Building Area Total Srch SqM
339.56
Building Area Units
Square Feet
Building Elevator YN
1
Calculated List Price By Calculated SqFt
881.63
Carport YN
false
Community Features
Association Recreation - Owned, Buyer Approval Required, Fitness Center, Pool, Street Lights
Condo Fees
8650
Condo Fees Term
Quarterly
Construction Materials
Block, Stucco
Cooling
Central Air, Zoned
Country
US
Cumulative Days On Market
89
Current Price
2495000.00
Direction Faces
West
Elementary School
Southside Elementary
Exterior Features
Balcony, Lighting, Sliding Doors, Storage
Fireplace YN
false
Flood Zone Code
AE
Flood Zone Date
2024-03-27
Flood Zone Panel
12115C0133G
Floor Number
3
Flooring
Luxury Vinyl, Marble
Foundation Details
Slab
Furnished
Unfurnished
Garage Spaces
2
Garage YN
true
Heating
Central, Zoned
High School
Sarasota High
Homestead YN
1
Interior Features
Built-in Features, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Internet Address Display YN
true
Internet Automated Valuation Display YN
false
Internet Consumer Comment YN
false
Internet Entire Listing Display YN
true
Laundry Features
Laundry Room
Lease Restrictions YN
1
Levels
One
List AOR
Sarasota - Manatee
Living Area Meters
262.92
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Features
City Limits, Near Marina, Near Public Transit, Sidewalk
Max Pet Weight
50
Middle Or Junior School
Booker Middle
Minimum Lease
1-2 Years
Modification Timestamp
2026-02-18T14:36:09.161Z
Monthly Condo Fee Amount
2883
New Construction YN
false
Num Times per Year
1
Number Of Pets
2
Occupant Type
Owner
Ownership
Condominium
Parcel Number
2027145005
Patio And Porch Features
Covered, Wrap Around
Pet Size
Medium (36-60 Lbs.)
Pets Allowed
Yes
Pool Private YN
false
Postal Code Plus 4
6878
Previous List Price
2695000
Price Change Timestamp
2026-02-18T14:35:52.000Z
Property Description
End Unit, High Rise
Public Survey Range
18
Public Survey Section
19
RATIO Current Price By Calculated SqFt
881.63
Realtor Info
Assoc approval required, Brochure Available, Docs Available, Floor Plan Available
Road Surface Type
Paved
Roof
Membrane
Room Count
11
SW Subdiv Community Name
Tessera
Security Features
Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
Contact Call Center, Listing Agent Must Accompany, ShowingTime
Status Change Timestamp
2025-11-11T17:04:09.000Z
Stories Total
13
Tax Annual Amount
20105
Tax Book Number
34-5
Tax Legal Description
UNIT 31 TESSERA
Tax Year
2025
Total Annual Fees
34600.00
Total Monthly Fees
2883.33
Township
36
Universal Property Id
US-12115-N-2027145005-S-31
Unparsed Address
500 S PALM AVE #31
Utilities
BB/HS Internet Available, Cable Connected, Public, Sewer Connected, Water Connected
Vegetation
Mature Landscaping
Water Source
Public
Water View
Bay/Harbor - Full, Intracoastal Waterway
Water View YN
1
Waterfront YN
false
Window Features
Blinds
Zoning
DTB
Neighborhood Map
Popup

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MLS #MFRA4671352 Listing courtesy of Michael Saunders & Company provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer 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. The source of the listing data is as follows: Stellar MLS (updated 2/20/26 6:02 PM) |

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