6 months on rocket

505 S Orange Ave Unit 1101, Sarasota, FL, 34236

$2,100,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
3,003 SqFt
$699/SqFt
Condo
Schools Nearby

Location

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505 S Orange Ave Unit 1101, Sarasota$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingElectric Vehicle Charging Station(s), Garage Door Opener, Under Building
Garage2 spaces
Year Built2007
HeatingElectric, Heat Pump
CoolingCentral Air
ViewCity, Trees/Woods, Water
MLS #A4584443
StatusActive

About 505 S Orange Ave Unit 1101

Exceptional downtown condo with expansive water views and cityscapes located away from the noise and shade of other buildings yet close enough for easy walk to downtown shops, restaurants and historic Burns Court just across the street. Over 3000 sq. ft. of luxury living in this 3 BR.,3.5BA. w/Den or Office featuring breathtaking views of the Gulf of Mexico, Intracoastal Waterway, Ringling Bridge, Longboat Key, and Siesta Key including a panoramic view of Sarasota’s downtown and surrounding area. Keyless entry along with your own private elevator leads to a beautiful foyer entrance to your residence. Recent updates to kitchen include brand new quartz countertops, induction range, convection oven, refrigerator, and microwave. Other features in the kitchen you will love include a huge custom built Butlers Pantry and a large island work station. Other updates include new low maintenance luxury vinyl plank flooring, paint and A/C unit. The spacious 18x20 Owner's Suite has wrap around windows capturing the view of blue water and Sarasota city life. The owners suite also features a custom walk-in closet, a large bathroom with a separate walk-in shower, private WC, soaking tub, and two vanities. Bonus room/Office/Den is located in the Owners Suite wing. Open floor plan includes a generous 26x21 Great Room with tall tray ceilings. Sliding glass doors off the great room lead to a 10x26 ft. balcony where you can feel the breeze and take in the view. You also have access to this same balcony from the Owner's Suite. The guest wing allows for privacy in this split floor-plan. 2 bedrooms each with their own private baths with access to a shared balcony and magnificent city views. Kanaya is across from historic Burns Court where you can enjoy shopping, art galleries, dining options and the Burns Court Cinema or if you prefer, Google maps indicate it is only a 7 minute walk to Main Street. Put the top down and enjoy short drives to Siesta Key, Longboat Key, Lido Key, Selby Gardens and the Sarasota/Bradenton Airport. 2-deeded parking spaces are included. Amenities have a little something for everyone with a 59 ft. heated pool, fitness room, yoga studio, sauna, designer furnished gathering room, community kitchen and a poolside fire pit with chairs, sofa and tables. But wait there’s more! Residents have access to the Rooftop Terrace with breathtaking views of the entire downtown area and spectacular water views. This area offers multiple seating options with couches, tables, chairs and two catering kitchens. This area is available for residents to reserve for private parties. Excellent location to watch July 4th and New Years fireworks from nearby Marina Jacks. Available and ready for you to move right in.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Stories: 15
  • Living Area: 3,003 SqFt

Listing Office:

  • Office Name: ROBERTS REALTY INC
  • Office Phone: (941) 924-2330
  • Listing Agent: John Garner

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Wine Cooler
  • Flooring Type: Ceramic Tile, Hardwood, Luxury Vinyl, Travertine, Wood
  • Interior: Accessibility Features, Built-in Features, Ceiling Fans(s), Chair Rail, Crown Molding, High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City, Trees/Woods, Water
  • Exterior: Balcony, Sliding Doors, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Electric Vehicle Charging Station(s), Garage Door Opener, Under Building

Lot Features

Lot Information:

  • Lot: Historic, City Lot, Near Marina, Near Public Transit, Sidewalk, Paved

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • 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: US-41 to North Orange Ave. go past Women's Exchange on the right. Kanaya will be on the right. Parking available on side streets across and next to Kanaya

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $699/SqFt

Tax Information:

  • Annual Amount: $15,103
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$513.2K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

531

505 S Orange Ave Unit 1101 vs Sarasota

205 DAYS ON ROCKET

+143 Days

$2,100,000

+$1.5M More

$699/SqFt

+$394 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $394/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: #A4584443

Listing Office:

  • Office Name: ROBERTS REALTY INC
  • Office Phone: (941) 924-2330
  • Listing Agent: John Garner

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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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: 4/29/2024, 8:19:16 AM 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 21, 2013Home Sold
$1,035,000

Tax History

YEARPROP. TAXASSESSMENT
2020$15,103$961,929
2019$14,719$940,302
2018$14,483$922,769
2017$14,319$903,789

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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-2991399
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 1.70 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2991400
2
/10
  • Booker Middle School

  • 2250 Myrtle St

  • 2.65 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2991401
4
/10
  • Sarasota High School

  • 1000 S School Ave

  • 0.88 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,075. The most common annual income of people living in Sarasota, FL is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 S Orange Ave Unit 1101

What is the listing price of this property?

The listing price of 505 S Orange Ave Unit 1101 property is $2,100,000.

What type of property is this?

The property 505 S Orange Ave Unit 1101 is a condo located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 505 S Orange Ave Unit 1101 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 S Orange Ave Unit 1101 are:
Southside Elementary School: GreatSchools Rating 10/10
Booker Middle School: GreatSchools Rating 2/10
Sarasota High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $15,103 (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 21, 2013 for $1,035,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 S Orange Ave Unit 1101 has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 505 S Orange Ave Unit 1101 is 3,003 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 S Orange Ave Unit 1101 is 2007.

Rocket HomesFloridaSarasota CountySarasota34236505 S Orange Ave Unit 1101

This home is located at 505 S Orange Ave Unit 1101 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 October 06, 2023 and is currently priced at $2,100,000.

In March 2024, from all listings sold in Sarasota, FL there were more than 30 sold above asking price, over 414 sold below and more than 87 were sold right at the asked price. In March 2024 in Sarasota, FL there were 3.8% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $513,207, while the average time on the real estate market was 62 days.

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

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