Skip to main content
500 S Palm Ave #32, photo 1
Active
1 / 78

Overview

3 bd5 ba3,315 sqftCondominium
TypeCondominium
Condo dues$2,883/mo
Built2000
Living area3,315 sqft
Price / sqft$873

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Eat-in KitchenElevatorHigh CeilingsKitchen/Family Room ComboL DiningLiving Room/Dining Room ComboOpen Floorplan

500 S Palm Ave #32 is a 2000-built home in Tessera, Sarasota. Inside you'll find 3 bedrooms, 5 bathrooms, and 3,315 square feet of living space. Listed at $2,895,000 (about $873/sqft), 25 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $2,883 monthly.

From the listing

Virtually Staged. Water views take center stage in this rarely available residence at Tessera, ideally positioned on Renowned Palm Avenue in the heart of downtown Sarasota. Offering 3,315 square feet of refined living space, this exceptional condominium combines Sarasota Bay views, remarkable privacy, and an enviable downtown location. Tessera is prized for its quiet, serene setting while remaining effortlessly connected to the energy of downtown. With just 24 private residences and only two residences on this floor, the building offers an elevated sense of privacy with no shared common walls. The thoughtfully designed split-bedroom floor plan features a private office near the gallery entry, Three en-suite bedrooms, including an expansive primary retreat. The spacious primary suite showcases water views and direct access to the terrace with an oversized walk-in closet, and a additional walk-in closet within one of the 2 primary baths. The Great Room is wrapped in floor-to-ceiling glass, capturing Sarasota's ever-changing coastal beauty and creating an effortless connection to the spectacular bay view wraparound terrace. Extending from the Great Room to the kitchen, the terrace provides an exceptional setting for morning coffee, sunset entertaining. The interior includes immaculately refinished kitchen cabinetry, quartz countertops open-concept kitchen with kitchen dining nook, new backsplash and modern hardware. The office/ den with custom high-end cabinetry provides an ideal space for work or relaxation. A private entrance to one of the en-suite bedrooms offers flexibility for guests, or live-in assistance. Additional conveniences include a private on-floor storage room and building-wide water detection system. Tessera's fully updated 2024 amenities include a heated 60-foot pool with sun deck, whirlpool spa, and state-of-the-art fitness center. The lobby and community spaces have also been beautifully redesigned by JKL Design. A pet-friendly building, Tessera additionally offers a grilling area and bicycle storage. Step outside and experience the best of downtown Sarasota. Located just steps from Main Street, Burns Court, the Bayfront, and Marie Selby Botanical Gardens, Tessera places shopping, galleries, dining, arts and culture, and waterfront recreation at your doorstep. Enjoy an easy walk or bike ride across the Ringling Bridge, or convenient access to St. Armands Circle and Lido Beach. A rare opportunity to experience expansive water views, exceptional privacy, polished interiors, and effortless downtown Sarasota living from one of Palm Avenue's most desirable addresses.

The essentials

Built
2000
Price / sqft
$873
On market
25 days
Annual tax
$33,972
Condo dues
$2,883/mo
Flood zone
AE
Type
Condominium

At a glance

High-rise condo
14 stories · 2000
Water + city views
City
Community pool
Fitness center too
Assigned parking
Private balcony
Outdoor space

Payment

Est. monthly payment
$22,261/mo
Down payment (20%)
$579,000
Property taxes
$2,831/mo
Condo dues
$2,883/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
2000
Lot
-
Cooling
Central Air
Heating
Central
Parking
Alley Access, Assigned, Covered, Driveway, Garage Door Opener, Guest, Oversized, Reserved, Basement
Days on Market
25
Ceiling Fans(s)
Eat-in Kitchen
Elevator
High Ceilings
Kitchen/Family Room Combo
L Dining
Living Room/Dining Room Combo
Open Floorplan
Solid Surface Counters
Split Bedroom
Thermostat
Walk-in Closet(s)
Window Treatments
Balcony
Outdoor Grill
Sidewalk
Storage
Fitness Center
Pool
Sidewalks
Street Lights
Built-in Oven
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Washer
Elementary
Southside Elementary
Middle
Booker Middle
High
Booker High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone AE
Annual Tax (2025)
$33,972
Parcel #
2027145006

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Tessera
County
Sarasota
MLS Area
34236 - Sarasota
Near MarinaNear Public TransitSidewalkPaved
Condo dues
$2,883/mo
Advanced Management of SW Florida/ Honna Nisbet

Price history

Date
Event
Price
10/21/2026
Listed for sale
Source: Stellar MLS #A4710137
$2,895,000
$873/sqft

Neighborhood

500 S Palm Ave #32
Sarasota, FL, 34236 · 34236 - Sarasota

Market insights

Offer Insights

Choose an offer strength

List price: $2,895,000
$2.78M – $2.90M
96% – 100% of listTops out right at the list price
80% of listList price
106 of the last 210 condo closings in 34236 landed at this number or higher (50%). The median one sat 67 days before it went under contract, and this one is on day 25.

Sample: 210 closed condo sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$22,260/mo
Principal & interest$15,099
Property taxes$2,831
Insurance$1,448
HOA$2,883
Down payment20% · $579,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$2,895,000

$873 per sq ft

Beds and baths

3 beds, 5 baths

Size

3,315 sq ft

Time on market

25 days

Year built

2000

Monthly payment

About $22,261/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $33,972 annual tax bill, insurance, and $2,883/mo in condo dues.

Condo dues

$2,883/mo

Managed by Advanced Management of SW Florida/ Honna Nisbet.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byCOLDWELL BANKER REALTYListing agent: Dyrk DahlListing data from Stellar MLS, MLS# A4710137.

Keep exploring Florida

Pick up where you left off, or see what else is out there.