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$2,895,000

500 S PALM AVENUE UNIT 32, SARASOTA, FL 34236

3D Tour
Active13 days on market

Beds

3

Baths

5

Sq Ft

3,315 sq ft

Year Built

2000

Lot Size

,

Garage

0

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4710137
StatusActive
Year Built2000
Stories14
Total Rooms7
ConstructionConcrete
RoofConcrete, Other
FoundationSlab
FacesEast
SubdivisionTESSERA
CountySarasota
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Eating Space 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
FlooringMarble, Tile
AppliancesBuilt-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
LaundryLaundry Room
WindowsBlinds, Insulated Windows
CoolingCentral Air
HeatingCentral
SecurityClosed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Key Card Entry, Security Fencing/Lighting/Alarms, Security Gate, Security System

Exterior & Lot

ExteriorBalcony, Outdoor Grill, Sidewalk, Sliding Doors, Storage
Lot FeaturesNear Marina, Near Public Transit, Sidewalk
Road SurfacePaved, Asphalt
ViewCity, Trees/Woods, Water
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Available, Street Lights

Parking

GarageYes

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$2,895,000
Annual Taxes$33,972 (2025)
FinancingCash, Conventional
ZoningDTB
Parcel #2027145006

Schools

ElementarySouthside Elementary
MiddleBooker Middle
HighBooker High

Directions

S Palm Ave to 500 S Palm Ave to guest parking by lobby entrence

Location

500 S PALM AVENUE UNIT 32, SARASOTA, FL 34236

Listing Information

OfficeCOLDWELL BANKER REALTY
ListedOctober 21, 2026

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Home Price

$2,895,000

20% ($579,000)
6.75%

Loan Term

Principal & Interest$15,022
Property Tax (est.)$2,654
Insurance (est.)$150
Total Monthly$17,825
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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: November 3, 2026.

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