505 Orange Avenue, FL
Stellar MLS

$1,499,000

505 Orange Avenue

Sarasota, FL 34236

Listing updated: June 10, 2026 at 4:12 PM ET

Active
3
Beds
4
Baths
3,026
Sq Ft
0.7
Acres
2007
Built
$495/sqft360° tour
Condominium

Property type

2007

Year built

30,422 sqft

Lot size

$495

Price / sq ft

No HOA

HOA dues

172

Days on market

2

Garage spaces

X500

Flood zone

About this home

Welcome to KANAYA, at the intersection of Luxury, Lifestyle and Location with bragging rights to a substantial and affluent building, yet with only 32 residences enhanced by privacy as well as very friendly neighbors. IF YOU ARE LOOKING TO PURCHASE A GREAT DOWNTOWN CONDOMINIUM WITH FIRST RATE FINANCIALS, WELL FUNDED and PASSED THE MILESTONE INSPECTION with the best possible report...you have found it! This 3rd floor unit is also located on the Amenity Floor and is one of the most unique high rise condos in Sarasota with a HUGE 1075 square foot PRIVATE OWNER'S PATIO that is uniquely and privately yours in addition to 2 terraces. Schedule a private tour to see this superior end unit condo with 3003 square feet, 3 bedrooms-all 3 have walk-in closets, 3.5 bath, plus an office/den/study. Your well-appointed kitchen includes a Stainless Steel Kitchen Aide Suite of appliances, Granite counters, and a LARGE walk-in pantry. The primary suite includes a 13x10 private study, a large corner bedroom with northern and western exposure plus a separate access to the large balcony, The owner’s suite bathroom comes complete with a soaking tub, shower with transom window, water closet, two vanities and a walk-in closet with Build out. On the north end you will discover two more-en-suites both have private baths and access to a north and east facing balcony. There is a formal foyer and a well-placed powder room as well as Crown Mouldings and a wet bar in the Living area. For amenities, the building offers a mesmerizing 16th floor roof-top balcony, featuring entertainment centers, lounge seating and splendid views of the city, fireworks, and Sarasota’s barrier islands and iconic bridge. You also have full access to the south facing 65-foot heated pool, huge sunbathing deck, shower/sauna, yoga room, gym, and indoor clubhouse kitchen. Modern construction boasts an abundance of impact glass windows and doors throughout. Your new condo has a large laundry room with cabinetry and a wash tub plus you have two dedicated parking garage spots that are side by side and the option to have electric car charging stations exists. This condo also has 3 storage units in the garage and there is a community bike storage room on the ground level of the SECURE garage. The Kanaya Has 15 floors and only 32 condos...The owners and management recently had the Milestone report performed by Karins Engineering and PASSED with very positive results (please see the MLS attachment). There are 2 full time superintendents on site who are always willing to help. The entire building was sealed, caulked and painted within the past 2 years. The Kanaya has impact glass windows throughout and backup a generator to perform partial lighting and power. This beautiful home is an exceptional downtown value at $1,499,000

Estimated monthly payment

Principal & interest$7,580
Property taxes$816
Home insurance (est.)$687

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history172 days on market

  1. Status: Active
    Dec 20, 2025
  2. Listed$1,595,000
    Dec 20, 2025
  3. Price reduced$1,499,000

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
172
Subdivision
Kanaya
County
Sarasota
Year built
2007
Living area
3,026 sq ft
Price/sq ft
$495
Building area
4,646 sq ft (Public Records)
Lot size
30,422 sq ft
Lot category
1/2 to less than 1
Flood zone
X500 (12115C0133G)
Garage
2 spaces
Annual taxes
$9,797 (2024)
Parcel #
2027104003
Zoning
DTC
MLS #
A4675111

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Interior Details

Bedrooms
3
Full bathrooms
3
Half bathrooms
1
Flooring
Carpet, Ceramic Tile
Appliances
Built-In Oven, Convection Oven
Interior features
Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
Laundry
Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes
Parking features
Assigned, Covered, Garage Door Opener, Reserved, Basement

HOA & Financial

Total monthly fees
$2,449/mo
Total annual fees
$29,388
HOA name
Real Manage
CDD
No
Homestead exemption
Yes
Min lease term
3 Months
Listing terms
Cash, Conventional
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
See Rules & Regs
Approval process
Renters application plus $100 application fee AND MUST be submitted at least 30 days prior to occupancy. Lease needs to be approved by the BOD. See rules & regs

Exterior & Construction

Exterior features
Balcony, Courtyard, Lighting, Outdoor Grill, Sidewalk, Sliding Doors, Storage
Construction materials
Block
Roof
Membrane
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Natural Gas Available, Sewer Connected, Water Connected

Community

Pets allowed
Cats OK, Dogs OK, Number Limit, Yes

Room Details

RoomLevelDimensions
FoyerFirst12x8
Living RoomFirst21x18
Dining RoomFirst14x12
KitchenFirst14x13
DenFirst11x10
Primary BedroomFirst20x18
Bedroom 2First14x13
Bedroom 3First13x13
Balcony/Porch/LanaiFirst
Balcony/Porch/LanaiFirst43x25

Listing Details

Listing date
2025-12-20
On market date
2025-12-20
Original list price
$1,595,000
Occupant type
Owner
MLS area
34236 - Sarasota
Listing AOR
Sarasota - Manatee
Status changed
2025-12-20
Tax legal description
UNIT 301, KANAYA

Flood risk

Moderate riskFEMA Zone X500Panel 12115C0133G

Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From Mound and Orange, head north on S. Orange. The building is on your right (Just past The Exchange). The building has secured parking for residents however, there is usually ample parking across the street on Laurel Street or the empty parking lot immediately to the north at S. Orange and Laurel

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of June 10, 2026 at 4:12 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA