500 S PALM AVENUE 92 Sarasota, FL $ 2,999,900
500 S PALM AVENUE 92
$ 2,999,900
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500 S PALM AVENUE 92

Sarasota, FL, 34236
$ 2,999,900
Bedrooms3 Baths4.0 Sq 3,315

Monthly Estimate*

$ 18,471

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View a Virtual Tour

Condo for sale in Sarasota, FL

for $2,999,900 with 3 bedrooms and 4 full baths. This 3,315 square foot condo was built in 2000.

One or more photo(s) has been virtually staged. Unobstructed water views take center stage in this rarely available residence at Tessera, ideally positioned on esteemed Palm Avenue. Offering breathtaking vistas of Sarasota Bay and the Gulf of Mexico, this exceptional condo presents a unique opportunity for its next owner to thoughtfully customize a truly special waterfront home. Tessera is prized for its quiet, serene setting while remaining effortlessly connected to the energy of downtown Sarasota. With only 24 private residences in the building and two residences on Level 9, the building delivers an elevated sense of privacy that discerning buyers value. The arrival is nothing short of impressive, featuring paneled solid wood doors that open to a gracious foyer with an immediate, unobstructed view of the water beyond. The thoughtfully designed split floor plan with 3,315 sq ft of interior space includes a private office near the entry, two en-suite guest bedrooms on one wing, and an expansive primary suite on the opposite side. The primary retreat is exceptional in scale, offering sweeping water views, two oversized closets rarely found in newer construction, an additional closet within one of the two primary bathrooms, and direct access to the terrace creating an inviting way to begin each morning. The Great Room is wrapped in floor-to-ceiling glass, capturing Sarasota’s ever-changing coastal beauty. A generous wraparound terrace extends from the Great Room to the kitchen, creating the perfect backdrop for sunsets, watching yachts glide through the marina, and admiring the iconic John Ringling Causeway leading to Longboat Key, St. Armands, and Lido Key. Completing this offering are two private single-car garages—an exceptional rarity in downtown condominium living. Amenities include a recently update fitness center and an outdoor pool that is perfect for swimming laps. Relax in the spa located near the pool in this private and serene setting. This is a remarkable chance to transform a coveted Tessera residence into a refined waterfront showpiece while enjoying Sarasota’s vibrant arts scene, boating lifestyle, pristine beaches, and an array of celebrated dining destinations just moments from your door.

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Condo Active

Price

$ 2,999,900

Bedrooms

3

Full Bath

4

Property Type

Condo

Taxes

$ 22,411

Style

Condominium

Year Built

2000

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4676977

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Concrete
Appliances Built-In Oven Cooktop Dishwasher Refrigerator
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 Patio Wrap Around
Construction Materials Block Stucco
Year Built 2000
View City Water
Levels One
Unit Number 92
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
Attached Garage true
Subdivision Name TESSERA
Facing Direction West
Garage Y/N true
Total Rooms 15
Full Baths 4
Status Active
Directions Heading West on Fruitville Road. Turn left on Washington Blvd and then right onto Mount Street. Turn right onto S Palm Avenue. Tessera will on your left hand side.
City SARASOTA
Association Name Advanced Management / Honna Nisbet
Senior Community Y/N false
MLS Area 34236 - Sarasota
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 22411
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4676977
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 0
Legal Description UNIT 92 TESSERA
Water View Gulf/Ocean - Full
Minimum Lease 1-2 Years
Water Access Y/N false
Monthly Condo Fee Amount 2883
HOA Monthly Maintenance 0
Water View Y/N true
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Carpet Tile Hardwood
Furnished Y/N Unfurnished
Total Stories 13
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 3
Total Baths 4
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Exterior
Exterior Amenities Balcony Sliding Doors Storage
Parking Features Deeded Garage Door Opener Guest Under Building
Lot Features City Lot
Water Source Public
Foundation Details Slab Stilt/On Piling
Building Area Total 3930
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Douglas Elliman

Broker

lisa@sarasotaluxurycondos.com

Email

Affordability Calculator

$20,338
Per Month
91%
9%
0%
Monthly Principal & Interest
$18,471
Monthly Property Taxes
$1,868
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2026$2,999,900 Listed Price

Map


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500 S PALM AVENUE 92, Sarasota, FL, 34236 is a Condo for sale at $2,999,900 with 3,315 sqft. 500 S PALM AVENUE 92 has 3 bedrooms, 4.0 baths, and was built in 2000. The property's zip code is 34236 which is in Sarasota, FL