3 months on rocket

505 S Orange Ave Unit 401, Sarasota, FL, 34236

$2,215,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
3,003 SqFt
$738/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

505 S Orange Ave Unit 401, Sarasota$2,215,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Electric Vehicle Charging Station(s), Guest, Under Building
Garage2 spaces
Year Built2007
HeatingCentral, Electric
CoolingCentral Air
MLS #A4594245
StatusActive

About 505 S Orange Ave Unit 401

Welcome to the epitome of luxury living in Sarasota! Your new residence awaits in this stunning 3-bedroom, 3.5-bathroom end unit condo, where sophistication meets comfort. Upon entering your private elevator lobby, you're welcomed into a bright and airy space, courtesy of the north, east, and west-facing windows that bathe the 3003 interior square feet in natural light. French white oak floors add an elegant touch to the lavishly appointed interiors, complete with en-suite bathrooms and expansive balconies. Managing your secure keyless access is a breeze with the building's state-of-the-art video intercom system, controllable via a convenient smartphone app. With two dedicated building managers on-site, expect unparalleled service tailored to your needs. Step outside onto your private tiled balconies, each equipped with Kevlar wireless-activated retractable storm screens, providing hurricane-rated protection and peace of mind. The west-facing balcony boasts a living wall and automatic timed sprinklers, allowing you to indulge in worry-free gardening against the backdrop of Florida's beautiful weather. The three-and-a-half renovated bathrooms exude elegance, with the master bath featuring an oversized insulated soaking tub, walk-in shower, bidet water closet, and dual vanities. The Primary suite is adorned with fabulously outfitted closets, including two walk-ins. Your custom-designed kitchen is a chef's dream, featuring Pedini Italian cabinets, Bosch, Sub-Zero, and Wolf appliances. Enjoy the convenience of a drinking water filtration system on the kitchen faucets and a carbon-filtration system on the kitchen range hood. The condo is equipped with new energy-efficient HVAC heat pump units for heating and cooling, installed in January 2022, and a new water heater installed in March 2023. The building underwent a makeover in 2022, including caulking, painting, and sealing, providing a fresh look and added protection. Two private adjacent parking spaces in the elevated garage, wired for an electric vehicle charging station, and a lockable owner storage unit near the parking spaces offer convenience. The third floor boasts resident amenity areas, including a club room, fitness center, yoga room, sauna, kitchen, heated pool, seating area with a fire pit, gas grill, and outdoor dining. Head to the rooftop resident amenities for breathtaking Bay views and relaxation, featuring catering kitchen areas, outdoor seating, dining, lounge areas, and a water fountain. The building's commitment to sustainability includes recycling and composting, making it an environmentally friendly choice. This condo in the coveted Burns Court area offers proximity to shopping, a movie theater, yoga studios, art galleries, and outstanding restaurants—all within walking distance. Downtown Sarasota, with its additional shopping and restaurants, is a short stroll away. Plus, the top-rated beaches of Lido Key, Siesta Key, and Longboat are just a 10 to 15-minute drive. Take advantage of this unique opportunity to experience the pinnacle of luxury living. Schedule your showing today and make this Sarasota condo your new home!

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Stories: 14
  • Living Area: 3,003 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Courtney Tarantino

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Concrete, Tile, Wood
  • Interior: Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Walk-In Closet(s)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Sidewalk, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Covered, Electric Vehicle Charging Station(s), Guest, Under Building

Lot Features

Lot Information:

  • Lot: Near Public Transit, Sidewalk

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: US 41 TO N ORANGE AVE. STAY TO THE RIGHT OF THE FORK AND PASS THE WOMEN'S EXCHANGE. THE NEXT HIGH RISE ON THE CORNER IS KANAYA YOU CAN USE LAUREL A SIDE STREET TO PARK ON ALONGSIDE THE BUILDING.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,215,000
  • Price Per SqFt: $738/SqFt

Tax Information:

  • Annual Amount: $8,765
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

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 401 vs Sarasota

113 DAYS ON ROCKET

+51 Days

$2,215,000

+$1.7M More

$738/SqFt

+$433 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $433/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: #A4594245

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Courtney Tarantino

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: 4/28/2024, 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

Apr 18, 2019Home Sold
$1,085,000
Feb 26, 2007Home Sold
$810,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,765$564,068
2019$12,876$721,026
2018$11,291$655,478
2017$10,877$719,500

History based on county public records data.

Payment Calculator

$11.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,707

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-2383310
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 1.70 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2383311
2
/10
  • Booker Middle School

  • 2250 Myrtle St

  • 2.65 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2383312
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. Typical income of Sarasota, FL residents is between $35k-100k annually. The majority of families are 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 505 S Orange Ave Unit 401

What is the listing price of this property?

The listing price of 505 S Orange Ave Unit 401 property is $2,215,000.

What type of property is this?

The property 505 S Orange Ave Unit 401 is a condo located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 505 S Orange Ave Unit 401 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 401 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 $8,765 (source: MLS/based on county public records data).

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

The last sale was on April 18, 2019 for $1,085,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 S Orange Ave Unit 401 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 401 is 3,003 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 S Orange Ave Unit 401 is 2007.

Rocket Homes›Florida›Sarasota County›Sarasota›34236›505 S Orange Ave Unit 401

This home is located at 505 S Orange Ave Unit 401 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 January 06, 2024 and is currently priced at $2,215,000.

Over 30 listings were sold over their listed price in March 2024 in Sarasota, FL. In the same period over 414 listings were sold below the listed price and 87 listings were sold for the listed price. The number of homes for sale in Sarasota, FL increased by 3.8% between February 2024 and March 2024. Listings spent 62 days on the market in March 2024, and had a median list price of $513,207 during the same period.

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

More Resources