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Property for sale at 500 S PALM AVENUE UNIT 31, SARASOTA, FL, 34236

500 S Palm Avenue Unit 31Sarasota, FL, 34236

3beds
4baths
2,830sqft
Condominium
Built in 2000
$2,400,000
Sold
Price per sqft
$848
Sold on
Apr 23, 2026
MLS #A4671352Updated Apr 24, 2026

About this property

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 luxury vinyl plank 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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Property details

Property type
Condominium
Street address
500 S Palm Avenue Unit 31
City
Sarasota
State
FL
ZIP code
34236
Year built
2000
New construction
No
Faces
West
Rooms
11
Building stories
13
Living area
2,830 sqft
Total building area
3,655 sqft
Architectural style
Contemporary
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided 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.Stellar (MFR) data last updated at November 8, 2026 at 6:00 AM EST

Price & sale history

EventPrice
SoldMLS #A4671352$2,400,000
Price reducedMLS #A4671352$2,495,000Change: −12.5%−$355,000
Listed for saleMLS #A4671352$2,850,000
SoldMLS #A3988085$1,350,000
History may be incomplete.
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Location

Property for sale at 500 S PALM AVENUE UNIT 31, SARASOTA, FL, 34236
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