11 days on rocket

Sale Pending

523 S Palm Ave Unit 7, Sarasota, FL, 34236

$1,295,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,919 SqFt
$675/SqFt
House
Schools Nearby

Location

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523 S Palm Ave Unit 7, Sarasota$1,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1998
HeatingElectric
CoolingCentral Air
FireplaceGas
ViewGarden
MLS #A4609920
StatusSale Pending
(Pending)

About 523 S Palm Ave Unit 7

Rarely available free standing 2 story villa on picturesque Palm Avenue in the heart of downtown Sarasota. Nestled behind the gate of an intimate enclave of 12 townhomes, this charming detached villa, the largest of the 12, lives like a home and is part of a homeowner's association (not a condo). As you enter the private courtyard, you immediately feel the uniqueness of this property. Double French doors open to a freshly painted interior with new porcelain tile throughout the first floor, and plantation shutters on all the windows. The dream kitchen features all Viking appliances, a natural gas cooktop, an integrated Subzero refrigerator, white custom cabinetry, granite countertops, and breakfast bar. The spacious dining room can accommodate a large table to entertain several people. The dining room extends to another terrace with a privacy wall where you can set up your grilling area and herb garden. Also located in the dining area, is a 60 bottle built-in wine refrigerator next to a pullout storage cabinet. The gracious living room features cathedral ceilings and a gas fireplace. The first floor also offers a well designed office with built-ins and a window, extra storage, a half bath, and access to a one car garage. The 2nd parking space is located under the common carport. Both of the 2 bedrooms upstairs have access to a large balcony to enjoy the outdoor. The primary bedroom features wood floorings, a generous walk-in closet, an updated bath with double vanities, and a large walk-in shower. The guest bedroom features a custom closet, updated bath with tub/shower. New A/C unit in 2023 was installed. This is the ideal property for someone who wants to be in a maintenance-free home in the vibrant downtown Sarasota with low monthly dues.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 2
  • Living Area: 1,919 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, Dryer, Freezer, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fans(s), High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Garden
  • Exterior: Balcony, Courtyard, French Doors, Garden, Outdoor Shower

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped, Private

Utilities

Utilities Information:

  • Heating: 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: Go South on Palm Ave. from Ringling. Villas are located on the East side of Palm.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000
  • Price Per SqFt: $675/SqFt

HOA Fees:

  • Amount: $667
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

523 S Palm Ave Unit 7 vs Sarasota

11 DAYS ON ROCKET

-45 Days

$1,295,000

+$775.9K More

$675/SqFt

+$368 More

KEY TAKEAWAY

This property is $775.9K more than the Median Sold Price and $368/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: #A4609920

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: 5/19/2024, 11:49:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,198

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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-4010097
9
/10
  • Southside Elementary School

  • 1901 Webber St

  • 1.69 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4010098
3
/10
  • Booker Middle School

  • 2250 Myrtle St

  • 2.73 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4010099
5
/10
  • Sarasota High School

  • 1000 S School Ave

  • 0.95 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 majority of Sarasota, FL residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 523 S Palm Ave Unit 7

What is the listing price of this property?

The listing price of 523 S Palm Ave Unit 7 property is $1,295,000.

What type of property is this?

The property 523 S Palm Ave Unit 7 is a house located in Sarasota, Florida, 34236.

Is this property for sale now?

Sale Pending: 523 S Palm Ave Unit 7 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 523 S Palm Ave Unit 7 are:
Southside Elementary School: GreatSchools Rating 9/10
Booker Middle School: GreatSchools Rating 3/10
Sarasota High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 523 S Palm Ave Unit 7 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 523 S Palm Ave Unit 7 is 1,919 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 523 S Palm Ave Unit 7 is 1998.

Rocket Homes›Florida›Sarasota County›Sarasota›34236›523 S Palm Ave Unit 7

This home is located at 523 S Palm Ave Unit 7 in Sarasota, FL and zip code 34236 in the Burns Square neighborhood. This 1,919 square foot home was built in 1998. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $1,295,000.

Sarasota, FL housing market in April 2024 saw over 41 listings sold above listed price, more than 90 sold at listed price and over 462 sold below. Between March 2024 and April 2024, Sarasota, FL real estate market has seen decrease in the number of listings by 1.8%. While the average time on the market in April 2024 was 56 days, the median list price was $519,031.

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

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