
$1,499,000
505 Orange Avenue
Sarasota, FL 34236
Listing updated: June 10, 2026 at 4:12 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
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
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
- Status: ActiveDec 20, 2025
- Listed$1,595,000Dec 20, 2025
- 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
| Room | Level | Dimensions |
|---|---|---|
| Foyer | First | 12x8 |
| Living Room | First | 21x18 |
| Dining Room | First | 14x12 |
| Kitchen | First | 14x13 |
| Den | First | 11x10 |
| Primary Bedroom | First | 20x18 |
| Bedroom 2 | First | 14x13 |
| Bedroom 3 | First | 13x13 |
| Balcony/Porch/Lanai | First | |
| Balcony/Porch/Lanai | First | 43x25 |
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-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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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.
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