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$1,175,000

340 S PALM AVENUE UNIT 14, SARASOTA, FL 34236

3D Tour
Active166 days on market

Beds

2

Baths

2

Sq Ft

1,774 sq ft

Year Built

1998

Lot Size

—

Garage

1

About This Property

Set along the gallery-lined South Palm Avenue, Residence #14 at Sarabande offers quiet, private living in one of downtown Sarasota’s most coveted settings. Art galleries, boutiques, acclaimed restaurants and Whole Foods Market are just moments away, while the residence feels peacefully removed from the pace of downtown. A semi-private entrance, shared with only one other residence, adds another layer of privacy. SPANNING approximately 1,774 square feet, this two-bedroom, two-bath residence with a den features a thoughtfully designed split floor plan that balances privacy and versatility. The guest suite is positioned discreetly near the entry, creating a secluded retreat for visitors. A built-in Murphy bed allows the den to transition effortlessly from an office into additional sleeping accommodations. THE spacious, open kitchen flows into a bright great room framed by lush palms, bringing a sense of calm to everyday living and entertaining. Situated on one of the lowest residential levels, the beautifully appointed condo offers an inviting connection to the surrounding greenery, with peek-a-boo views of Sarasota Bay through the swaying palms. Step onto the private terrace for morning coffee or an alfresco dinner in this tranquil setting. ADDITIONAL conveniences include a dedicated laundry room with a sink and stackable washer and dryer, a private storage unit, and one secured parking space pre-wired for an EV charger. Ample guest parking makes welcoming friends and family easy. SARABANDE has recently refreshed its lobby, repainted its exterior and upgraded its elevators, enhancing the building’s welcoming arrival experience. Residents enjoy two pools, including a dedicated lap pool; a spa and steam room; a fitness center with a private massage room; a club room; a conference room; and a poolside grilling area. Two recently renovated guest suites provide friends and family a comfortable retreat with a resort-style feel, adding exceptional convenience when hosting visitors. FOR those seeking a refined downtown lifestyle with privacy, greenery and effortless access to Sarasota’s cultural and culinary offerings, Residence #14 brings location, comfort and convenience together beautifully. SCHEDULE your private showing today.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4690211
StatusActive
Year Built1998
Stories15
Total Rooms12
ConstructionConcrete
RoofMembrane
FoundationPillar/Post/Pier
FacesEast
SubdivisionSARABANDE
CountySarasota
OwnershipCondominium

Interior Features

InteriorHigh Ceilings, Open Floorplan, Stone Counters, Window Treatments
FlooringPorcelain Tile
AppliancesBuilt-In Oven, Cooktop, Dishwasher, Dryer, Range Hood, Refrigerator, Washer, Wine Refrigerator
LaundryInside, Laundry Room
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorOther
Road SurfaceAsphalt, Paved
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$1,175,000
Original Price$1,350,000
Annual Taxes$9,959 (2025)
ZoningDTB
Parcel #2027114004

Schools

ElementarySouthside Elementary
MiddleBrookside Middle
HighSarasota High

Directions

US 41 TO NORTH on Palm Avenue. SARABANDE ON THE WEST SIDE OF PALM just before Ringling Blvd.

Location

340 S PALM AVENUE UNIT 14, SARASOTA, FL 34236

Listing Information

OfficeDOUGLAS ELLIMAN
ListedApril 23, 2026

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Home Price

$1,175,000

20% ($235,000)
6.75%

Loan Term

Principal & Interest$6,097
Property Tax (est.)$1,077
Insurance (est.)$150
Total Monthly$7,324
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Nearby Schools

Financing a Luxury Home

Specialized financing for this $1,175,000 property in SARASOTA. Luxury purchases typically require jumbo or portfolio lending.

💎

Jumbo Loan

$117,500 Down

For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.

🎖️

VA Jumbo

$0 Down

VA-eligible borrowers can go above conforming limits with zero down in many cases.

🏦

Portfolio Loan

$176,250 Down

Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.

🔑

Bridge Loan

$235,000 Down

Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 5, 2026.

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