340 Palm Avenue, FL340 Palm Avenue, FL340 Palm Avenue, FL
Stellar MLS
1 / 77

$1,250,000

340 Palm AvenueSarasota, FL 34236

Listing updated: October 4, 2026 at 11:12 AM ET

Active
Stellar MLSListing courtesy of Douglas Elliman · Lisa Otte · MLS #A4690211 · Active · 941-867-6199
2
Beds
2
Baths
1,774
Sq Ft
0
Acres
1998
Built
◆Water view◆$705/sqft◆360° tour
Condominium

Property type

1998

Year built

$705

Price / sq ft

No HOA

HOA dues

164

Days on market

1

Garage space

AE

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$6,321
Property taxes$830
Home insurance (est.)$573

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 history164 days on market

  1. Status: Active
    Jul 8, 2026
  2. Listed$1,350,000
    Apr 23, 2026
  3. Price reduced$1,250,000

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
164
Subdivision
Sarabande
County
Sarasota
Year built
1998
Living area
1,774 sq ft
Price/sq ft
$705
Building area
2,048 sq ft (Public Records)
Lot size
0 sq ft
Lot category
Non-Applicable
Flood zone
AE (12115C0133G)
Garage
1 spaces
Annual taxes
$9,959 (2025)
Parcel #
2027114004
Zoning
DTB
MLS #
A4690211

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Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Tile
Appliances
Built-In Oven, Cooktop, Dishwasher, Dryer, Range Hood, Refrigerator, Washer, Wine Refrigerator
Interior features
High Ceilings, Open Floorplan, Stone Counters, Window Treatments
Laundry
Inside, Laundry Room
Stories / Levels
One
Direction faces
East

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
Yes

HOA & Financial

Total monthly fees
$1,903/mo
Total annual fees
$22,840
HOA name
Kyanne Merrill
CDD
No
Homestead exemption
Yes
Min lease term
3 Months
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
All associaiton information to be veriifed by the buyer.
Approval process
$100 Application Fee - All associaiton information to be veriifed by the buyer.

Exterior & Construction

Exterior features
Other
Construction materials
Concrete
Roof
Membrane
Foundation
Pillar/Post/Pier
Water view
Yes
Road surface
Asphalt, Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Community

Pets allowed
Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit

Schools

ElementarySouthside ElementaryGreatSchools ↗
MiddleBrookside MiddleGreatSchools ↗
High SchoolSarasota HighGreatSchools ↗

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

RoomLevelDimensions
FoyerFirst10x6
KitchenFirst9x21
Dining RoomFirst11x22
Living RoomFirst22x21
Balcony/Porch/LanaiFirst14x17
Balcony/Porch/LanaiFirst13x5
DenFirst10x10
LaundryFirst6x9
Primary BedroomFirst15x18
Primary BathroomFirst10x10
Bedroom 2First13x16
Bathroom 2First6x11

Listing Details

Listing date
2026-04-10
On market date
2026-04-23
Original list price
$1,350,000
Occupant type
Owner
MLS area
34236 - Sarasota
Listing AOR
Sarasota - Manatee
Status changed
2026-07-08
Tax legal description
UNIT 14 SARABANDE

Flood risk

High riskFEMA Zone AEPanel 12115C0133G

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

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

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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 October 4, 2026 at 11:12 AM 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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