$2,850,000
500 S Palm Avenue #31 Sarasota, FL 34236
For Sale MLS# A4671352
3 beds 4 baths 2,830 sq ft Condo
Details for 500 S Palm Avenue #31
MLS# A4671352
Description for 500 S Palm Avenue #31, Sarasota, FL, 34236
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 engineered hardwood 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 sophisticated office with custom wood built-ins and tailored desk. The convenient guest bath features custom wallpaper and the large laundry room features a brand-new full-size washer and dryer. Solid-core paneled doors, on trend gold hardware, new lighting from Franklin Lighting, and ample storage throughout enhance the home’s effortless livability. Step onto the two sprawling wrap-around terraces—quiet, private, and designed for year-round enjoyment—ideal for dining, lounging, or entertaining among mature live oak canopies or taking in sweeping Bay views and world class sunsets. A rare, oversized private two-car garage with built-in shelving and electrical outlet, an on-floor storage room, and all building water detection system further elevate convenience. Tessera offers exceptional privacy with only two residences per floor and no shared common walls. Amenities include a heated 60-foot pool with sun deck, whirlpool spa, and state-of-the-art fitness center —all fully updated in 2024, along with the lobby and community spaces redesigned by JKL Design. The pet friendly building also offers a grilling area and bicycle storage. Located in the heart of Sarasota’s downtown, just steps from Main Street, Burns Court, the Bayfront, and Selby Gardens, Tessera offers an unparalleled blend of luxury and convenience.
Listing Information
Property Type: Residential, Condominium
Status: Active
Bedrooms: 3
Bathrooms: 4
Square Feet: 2,830 sq ft
Year Built: 2000
Garage: Yes
Stories: 1 Story
Construction: Block,Stucco
Subdivision: Tessera
Foundation: Slab
County: Sarasota
School Information
Elementary: Southside Elementary
Middle: Booker Middle
High: Sarasota High
Room Information
Main Floor
Porch: 15x23
Living Room: 21x19
Foyer:
Porch: 25x33
Den: 12x8
Bedroom 3: 16x13
Bedroom 2: 16x14
Primary Bathroom:
Primary Bedroom: 20x16
Kitchen:
Dining Room: 16x10
Bathrooms
Full Baths: 3
1/2 Baths: 1
Additonal Room Information
Laundry: Laundry Room
Interior Features
Appliances: Exhaust Fan, Water Purifier, Electric Water Heater, Built-In Oven, Microwave, Refrigerator, Cooktop, Dishwasher, Disposal, Dryer, Washer
Flooring: Engineered Hardwood,Marble
Doors/Windows: Window Treatments, Blinds
Additional Interior Features: Ceiling Fan(s), Walk-In Closet(s), Split Bedrooms, Built-in Features, Window Treatments, High Ceilings, Living/Dining Room, Open Floorplan, Stone Counters, Wood Cabinets
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,High Speed Internet Available,Municipal Utilities,Sewer Connected,Water Connected
Cooling: Zoned, Central Air, Ceiling Fan(s)
Heating: Central, Zoned
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 2
Parking Description: Garage Door Opener, Covered, Garage, Deeded, Guest
Roof: Membrane
Pool: Community
Lot View: Bay,City,Intercoastal,Water
Additional Exterior/Lot Features: Lighting, Storage, Balcony, Balcony, Covered, Wrap Around, Landscaped, Near Public Transit, City Lot, Buyer Approval Required
Community Features
Community Features: Recreation Area, Fitness, Street Lights, Pool, Sidewalks
Security Features: Fire Sprinkler System, Lobby Secured, Key Card Entry, Smoke Detector(s)
Association Amenities: Storage, Elevator(s)
HOA Dues Include: Reserve Fund, Maintenance Structure, Maintenance Grounds, Pest Control, Association Management, Trash, Cable TV, Water, Recreation Facilities, Security, Sewer, Pool(s)
Driving Directions
Located on Palm Avenue, two blocks south of Main Street, between Ringling and Mound, on the west side of the street. There is parking in front of the building, in the courtyard, and also on the street.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 2027145005
Tax Amount: 20105
Tax Year: 2025
A broker reciprocity listing courtesy: MICHAEL SAUNDERS & COMPANY
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 500 S Palm Avenue #31
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 500 S Palm Avenue #31
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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