8 months on rocket

340 S Palm Ave Unit 121, Sarasota, FL, 34236

$1,795,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,836 SqFt
$978/SqFt
Condo
Schools Nearby

Location

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340 S Palm Ave Unit 121, Sarasota$1,795,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDeeded, Under Building
Attached Garage2 spaces
Year Built1998
HeatingCentral, Electric
CoolingCentral Air
WaterfrontBay
MLS #A4580393
StatusActive

About 340 S Palm Ave Unit 121

One or more photo(s) has been virtually staged. Fantastic Bay views and incredible sunsets from this 12th floor unit in Sarabande! Luxurious building located directly across from the bayfront and the marina in the heart of downtown Sarasota. You will enjoy this bright and open floor plan with floor to ceilings glass featuring a large terrace, which will be your special place to really capture the spectacular water views and the glittering lights at night. This unit has beautiful travertine tile throughout, 2 en-suite bedrooms, a private office with gorgeous built-ins, the kitchen has been updated with a new built-in oven and microwave, and a new induction cooktop. There is plenty of cabinet space, a pantry, and an eat-in area. A spacious laundry room with a sink and service door to the hallway is located off the kitchen as well. The main bedroom has direct access to the terrace, and 2 custom walk-in closets. Two (2) deeded parking spaces and extra storage are included. Sarabande offers the convenience of a 24-hour concierge service, two pools and a rejuvenating spa. There is also a fitness center, massage room, and steam rooms to cater to your well-being, along with the club room and catering kitchen, library, wine storage and two guest suites. Enjoy the cultural aspects of downtown Sarasota by walking to the vibrant theater district, or exploring the array of restaurants and nearby shops. A short drive takes you to the famous white sand beaches and St. Armands Circle. Experience the essence of Sarasota's downtown lifestyle and make this exceptional residence your own.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 1
  • Living Area: 1,836 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Bibi-Ann Allard, PA

Interior Features

Interior Information:

  • Appliances: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Built-in Features, High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay
  • Exterior: Balcony, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Deeded, Under Building

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Sarasota High School, Public District Grades 9-12
  • Booker Middle School, Public Magnet Grades 6-8
  • Southside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Downtown Sarasota, 41 to John Ringling Blvd to South Palm Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,795,000
  • Price Per SqFt: $978/SqFt

Tax Information:

  • Annual Amount: $14,684
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

340 S Palm Ave Unit 121 vs Sarasota

263 DAYS ON ROCKET

+207 Days

$1,795,000

+$1.2M More

$978/SqFt

+$671 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $671/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4580393

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Bibi-Ann Allard, PA

IDX 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.

IDX Copyright 2024 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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/15/2024, 3:19:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 07, 2016Home Sold
$1,365,000
Mar 12, 2010Home Sold
$1,095,000
Jul 10, 2000Home Sold
$668,000

Tax History

YEARPROP. TAXASSESSMENT
2020$14,684$945,300
2019$14,433$931,800
2018$16,111$1,034,264
2017$18,241$1,117,400

History based on county public records data.

Payment Calculator

$9,026

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,448

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1488344
9
/10

  • Southside Elementary School

  • 1901 Webber St

  • 1.77 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1488345
3
/10

  • Booker Middle School

  • 2250 Myrtle St

  • 2.70 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1488346
5
/10

  • Sarasota High School

  • 1000 S School Ave

  • 1.04 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 340 S Palm Ave Unit 121

What is the listing price of this property?

The listing price of 340 S Palm Ave Unit 121 property is $1,795,000.

What type of property is this?

The property 340 S Palm Ave Unit 121 is a condo located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 340 S Palm Ave Unit 121 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 340 S Palm Ave Unit 121 are:
Southside Elementary School: GreatSchools Rating 9/10
Booker Middle School: GreatSchools Rating 3/10
Sarasota High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $14,684 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 7, 2016 for $1,365,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 340 S Palm Ave Unit 121 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 340 S Palm Ave Unit 121 is 1,836 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 340 S Palm Ave Unit 121 is 1998.

Rocket Homes›Florida›Sarasota County›Sarasota›34236›340 S Palm Ave Unit 121

This home is located at 340 S Palm Ave Unit 121 in Sarasota, FL and zip code 34236 in the Downtown Sarasota neighborhood. This 1,836 square foot home was built in 1998. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 25, 2023 and is currently priced at $1,795,000.

Over 41 listings were sold over their listed price in April 2024 in Sarasota, FL. In the same period over 462 listings were sold below the listed price and 90 listings were sold for the listed price. The number of listings in Sarasota, FL decreased by 1.8% between March 2024 and April 2024. Listings spent 56 days on the market in April 2024, and had a median list price of $519,031 during the same period.

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

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