500 S PALM AVENUE 31 Sarasota, FL $ 2,850,000
500 S PALM AVENUE 31
$ 2,850,000
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500 S PALM AVENUE 31

Sarasota, FL, 34236
$ 2,850,000
Bedrooms3 Baths3.1 Sq 2,830

Monthly Estimate*

$ 17,780

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Condo for sale in Sarasota, FL

for $2,850,000 with 3 bedrooms and 3 full baths, 1 half bath. This 2,830 square foot condo was built in 2000.

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.

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Condo Active

Price

$ 2,850,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Condo

Taxes

$ 20,105

Style

Contemporary

Year Built

2000

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4671352

Features
General
Sewer Public Sewer
Heating Central Zoned
Cooling Central Air Zoned
Utilities BB/HS Internet Available Cable Connected Public Sewer Connected Street Lights Water Connected
Roof Membrane
Appliances Built-In Oven Cooktop Dishwasher Disposal Dryer Electric Water Heater Exhaust Fan Microwave Refrigerator Washer Water Filtration System
Zoning DTB
Garage Spaces 2
Association Fee Includes Cable TV Community Pool Escrow Reserves Fund Maintenance Structure Maintenance Grounds Manager Pest Control Pool Maintenance Recreational Facilities Security Sewer Trash Water
Patio/Porch Features Covered Wrap Around
Architectural Style Contemporary
Security Features Fire Sprinkler System Key Card Entry Smoke Detector(s)
Construction Materials Block Stucco
Pets Allowed Yes
Year Built 2000
View City Water
Levels One
Unit Number 31
Property Subtype Condominium
Tax Year 2025
Ownership Condominium
Community Features Association Recreation - Owned Buyer Approval Required Fitness Center Pool
County Sarasota
New Construction false
Property Type Residential
Association Amenities Elevator(s) Lobby Key Required Storage
Attached Garage true
Subdivision Name TESSERA
Facing Direction West
Garage Y/N true
Total Rooms 11
Full Baths 3
Status Active
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.
High School Sarasota High
City SARASOTA
Association Name Honna Nisbet
Senior Community Y/N false
MLS Area 34236 - Sarasota
Lot Size Square Feet 0
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Southside Elementary
Land Lease Y/N false
Tax Annual Amount 20105
Middle/Junior High School Booker Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 0
Legal Description UNIT 31 TESSERA
Water View Bay/Harbor - Full Intracoastal Waterway
Pet Size Limit Medium (36-60 Lbs.)
Minimum Lease 1-2 Years
Water Access Y/N false
Monthly Condo Fee Amount 2883
HOA Monthly Maintenance 0
Additional Rooms Den/Library/Office
Water View Y/N true
Flood Zone Code AE
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) High Ceilings Living Room/Dining Room Combo Open Floorplan Solid Wood Cabinets Split Bedroom Stone Counters Walk-In Closet(s) Window Treatments
Flooring Engineered Hardwood Marble
Furnished Y/N Unfurnished
Total Stories 13
Common Walls End Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 3
Total Baths 4
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Exterior
Exterior Amenities Balcony Lighting Sliding Doors Storage
Vegetation Mature Landscaping
Parking Features Deeded Garage Door Opener Guest Under Building
Lot Features City Lot Near Marina Near Public Transit Sidewalk
Water Source Public
Foundation Details Slab
Building Area Total 3655
Lot Size Acres 0
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Michael Saunders & Company

Broker

lenoretreiman@michaelsaunders.com

Email

Affordability Calculator

$19,456
Per Month
91%
9%
0%
Monthly Principal & Interest
$17,780
Monthly Property Taxes
$1,675
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Sarasota High High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$2,850,000 Listed Price

Map


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500 S PALM AVENUE 31, Sarasota, FL, 34236 is a Condo for sale at $2,850,000 with 2,830 sqft. 500 S PALM AVENUE 31 has 3 bedrooms, 3.1 baths, and was built in 2000. The property's zip code is 34236 which is in Sarasota, FL