$800,000
1221 Palm Avenue
Sarasota, FL 34236
Listing updated: June 6, 2026 at 3:06 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
One or more photo(s) has been virtually staged. Tucked inside the historic 1924 Frances Carlton on Palm Avenue, this fully reimagined residence offers something rarely found in downtown Sarasota, the character of a vintage building paired with the comfort of a completely rebuilt interior. Created by combining two residences, the home spans almost 1,600 square feet and lives more like a private apartment than a typical condominium. High ceilings, original arched windows, and defined rooms preserve the architectural charm, while a comprehensive renovation brings the home entirely into the present. You enter directly into a generous, open kitchen, an unexpected feature in a building of this era, designed for daily living and gathering rather than passing through. Custom cabinetry, stone surfaces, Café appliances, and thoughtful lighting create a space that is both refined and welcoming. Plantation shutters throughout soften the natural light while maintaining privacy. The living areas flow naturally toward the sunroom overlooking Palm Avenue, where warm southwest afternoon light fills the space. At the opposite end of the home, the primary suite offers a different experience entirely. Positioned at the rear of the residence, it extends into a second enclosed sunroom overlooking a small garden courtyard. Accessible through the bedroom, this space becomes a quiet retreat, ideal for morning coffee, reading, or a peaceful workspace. The renovation extends well beyond cosmetics. Flooring, kitchen, baths, electrical, plumbing, lighting, and finishes have all been rebuilt, complemented by two new air-conditioning systems and a tankless water heater. The result preserves the building’s architectural soul while providing the reliability of a much newer home. The residence includes in-unit laundry, two assigned secured parking spaces, and access to the community pool within an intimate building of twenty residences. From here, downtown Sarasota is part of everyday life. Florida Studio Theatre, Sarasota Opera, restaurants, cafés, and evening drinks are just one or two blocks away, with the Bayfront and marina a short walk beyond. For those seeking amenities and high-rise living, downtown offers many options. For those seeking charm, history, walkability, and a home that feels genuinely unique, opportunities like this are very rare.
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 history113 days on market
- Status: ActiveFeb 13, 2026
- Listed$850,000Feb 13, 2026
- Price reduced$800,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 113
- Subdivision
- Frances Carlton
- County
- Sarasota
- Year built
- 1924
- Living area
- 1,593 sq ft
- Price/sq ft
- $502
- Lot size
- 21,549 sq ft
- Flood zone
- AE (12115C0133G)
- Annual taxes
- $3,860 (2025)
- Parcel #
- 2027041006
- Zoning
- DTC
- MLS #
- A4682388
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Laminate
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- Southwest
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Parking features
- Assigned
HOA & Financial
- Total monthly fees
- $2,305/mo
- Total annual fees
- $27,664
- HOA name
- Progressive Community Management / Loren Lysen
- CDD
- No
- Min lease term
- 1-2 Years
- Listing terms
- Cash, Conventional, VA Loan
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Please review leasing rules in attached condo docs. Application is attached to MLS.
- Approval process
- Please review leasing rules in attached condo docs. Application is attached to MLS.
Exterior & Construction
- Exterior features
- Lighting, Outdoor Grill, Rain Gutters, Sidewalk
- Construction materials
- Block, Stucco
- Roof
- Tile
- Foundation
- Basement
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Kitchen | First | |
| Dining Room | First | |
| Florida Room | First | |
| Primary Bedroom | First | |
| Primary Bathroom | First | |
| Den | First | |
| Bedroom 2 | First | |
| Bathroom 2 | First |
Listing Details
- Listing date
- 2026-02-11
- On market date
- 2026-02-13
- Original list price
- $850,000
- Occupant type
- Vacant
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-02-13
- Tax legal description
- UNITS 106 & 107, FRANCES CARLTON
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Driving Directions (I-75): From I-75, take Exit 195 for FL-72/Clark Rd and head west toward Sarasota. Continue on Clark Rd as it becomes Ringling Blvd. Turn right onto N Palm Ave. The Frances Carlton is located at 1221 N Palm Ave, on the left, just north of downtown Sarasota. Driving Directions (US-41): From US-41/Tamiami Trail, turn east onto Ringling Blvd. Turn left onto N Palm Ave and continue north. The Frances Carlton is located at 1221 N Palm Ave, on the left, just north of downtown Sarasota.
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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 6, 2026 at 3:06 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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