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500 PALM AVENUE SARASOTA FL 34236

$2,850,000
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500 PALM AVENUE, SARASOTA, FL 34236 - MLS#MFRA4671352 500 PALM AVENUE, SARASOTA, FL 34236 - MLS#MFRA4671352 500 PALM AVENUE, SARASOTA, FL 34236 - MLS#MFRA4671352 500 PALM AVENUE, SARASOTA, FL 34236 - MLS#MFRA4671352

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
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Overview of 500 S Palm Ave #31

3 Bedrooms
3/1 Bathrooms
2 Car Garage
3,655 Square Feet
2,830SF Living Area
Pool:
No
Water: None
Year Built 2000
Listed For 3 Days

Don't miss this condo for sale in Tessera! 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.

This luxury condo was built in 2000 and features 3 bedrooms, and 3 full bathrooms plus 1 half bath. This condo for sale is 3,655 square feet, with 2,830 sq ft being air conditioned living space. The condo2 assigned parking garage spots and does not have a private swimming pool.

Directions to this property are as follows: 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.

Please contact your ZFC agent for more information about MLS# MFRA4671352 or any other condos for sale in Sarasota or elsewhere in the Sarasota County area.

Features & Amenities

Appliances

Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Water Filtration System

Architecture

Contemporary

Cooling

Central Air, Zoned

Heating

Central, Zoned

Flooring

Hardwood, Marble

Parking

Deeded, Garage Door Opener, Guest, Basement

View

City, Water view

Construction Materials

Block, Stucco

Security Features

Fire Sprinkler System, Key Card Entry, Smoke Detector(s)

Interior Features

Built-in Features, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments

Furnished

Unfurnished

Exterior Features

Balcony, Lighting, Sliding Doors, Storage

Lot Features

City Limits, Near Marina, Near Public Transit, Sidewalk

Patio And Porch Features

Covered, Wrap Around

Roof

Membrane

Window Features

Blinds

Utilities

B B/H S Internet Available, Cable Connected, Public, Sewer Connected, Water Connected

Laundry

Laundry Room

Zoning

D T B

Year Built

2000

Pets Allowed

Yes

Annual Real Estate Taxes

$20,105 (2025)

Legal Description

Unit 31 Tessera

Property Type

Condominium

Association Fee Includes

Cable T V, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water

Association Amenities

Elevator(s), Lobby Key Required, Storage

Community Features

Association Recreation -Owned, Buyer Approval Required, Fitness Center, Pool, Street Lights

Direction Faces

West

MLS Number

MFRA4671352

Universal Property Id

U S-12115-N-2027145005-S-31

Days On Market

3

Community Name

Tessera

Property Manager

Honna Nisbet 941-359-1134

500 S Palm Ave #31 Price Calculator

Get Mortgage Quote For This Condo

The payment calculator figures for 500 S Palm Ave #31 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this condo for sale are estimated based on the actual property taxes for this property for the tax year 2025 which are $20,105 but will likely change when this condo sells. These estimations are calculated from a list price of $2,850,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the condo characteristics and location.

Recent Condo Sales near 500 S Palm Ave #31

Address Sale Price Bed Bth Size Location Sale Date
50 CENTRAL AVE #16S $Log in to view 3 3/1 4,543SF Plaza At Five Points Residences 04/08/2025
540 N TAMIAMI TRL #1503 $Log in to view 3 3/1 4,518SF Blvd Sarasota 01/08/2025
401 QUAY COMMONS #1101 $Log in to view 3 3/1 4,400SF Bayso 01/03/2025
401 QUAY COMMONS #901 $Log in to view 3 3/1 4,400SF Bayso 08/07/2025
306 GOLDEN GATE PT #2 $Log in to view 3 3/1 4,122SF Golden Gate Point 03/12/2025
306 GOLDEN GATE PT #7 $Log in to view 3 3/1 4,097SF Golden Gate Point 04/14/2025
1300 BENJAMIN FRANKLIN DR #504 $Log in to view 3 3/1 3,991SF Lido Key 03/20/2025
2050 BENJAMIN FRANKLIN DR #A1001 $Log in to view 3 3/1 3,969SF Lido Key 12/01/2025
888 S ORANGE AVE #PH-C $Log in to view 3 3/0 3,841SF Hudson Crossing 02/19/2025
888 S ORANGE AVE #PH-B $Log in to view 3 3/0 3,841SF Hudson Crossing 02/14/2025
188 GOLDEN GATE PT #202 $Log in to view 3 3/1 3,790SF Golden Gate Point 06/12/2025
35 WATERGATE DR #804 $Log in to view 3 3/0 3,563SF The Ritz Carlton 03/14/2025

MLS# MFRA4671352 Listing History

11/06/2025 Listed for sale by MICHAEL SAUNDERS & COMPANY with MLS# MFRA4671352 with a list price of $2,850,000.

Sarasota County Schools

Elementary School

Middle School

High School

Public Transportation

Breeze Transit:

77 Siesta Islander

Breeze Transit:

77 Siesta Islander

Breeze Transit:

Sarasota/US-41/Venice

Breeze Transit:

77 Siesta Islander

Breeze Transit:

Sarasota/US-41/Venice

This listing of 500 S Palm Ave #31 Sarasota FL 34236 was last updated on 2025-11-24 17:12:08. Listing courtesy of MICHAEL SAUNDERS & COMPANY.
MLS

Map of 500 S Palm Ave #31 Sarasota FL 34236

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Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Submit Request, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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