$375,000
1221 Palm AvenueSarasota, FL 34236
Listing updated: November 11, 2026 at 1:57 PM ET
Listing courtesy of Preferred Shore Llc · Justyna Michalowska · MLS #A4693884 · Active · 941-999-1179Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Virtually Staged. Own a piece of downtown Sarasota history. Set along iconic Palm Avenue, the Frances Carlton is a 1924 Mediterranean Revival landmark listed on the National Register of HISTORIC Places, placing theaters, galleries, dining, and the marina nearby, while offering a sense of character and permanence rarely found today. This intimate boutique building of just 19 residences is thoughtfully maintained, with FULLY FUNDED RESERVES, completed Structural Integrity Inspection, and amenities including a private pool, garden areas, and gated assigned parking. This FULLY REMODELED second-floor residence has never been lived in since its renovation and offers a clean, modern interpretation of the building’s historic charm. With windows on three sides, a rare feature in condominium living, the home is filled with natural light throughout the day. The layout reflects its European-influenced design, with defined spaces, arched windows, and a sense of proportion setting it apart from more conventional layouts. The bright sunroom extends the living space and overlooks the pool below, ideal as a reading room, office, or quiet retreat. The residence offers one assigned, secured parking space. This is your opportunity to own a thoughtfully updated home in one of Sarasota’s most recognizable historic buildings, in a truly walkable downtown location. Don't let this one get away!
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 history171 days on market
- Status: ActiveJun 22, 2026
- Listed$425,000May 16, 2026
- Price reduced$375,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 171
- Subdivision
- Frances Carlton
- County
- Sarasota
- Year built
- 1924
- Living area
- 663 sq ft
- Price/sq ft
- $566
- Lot size
- 21,549 sq ft
- Flood zone
- AE (12115C0133G)
- Annual taxes
- $4,361 (2025)
- Parcel #
- 2027041009
- Zoning
- DTC
- MLS #
- A4693884
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Flooring
- Laminate, Tile
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Tankless Water Heater, Washer
- Interior features
- Ceiling Fans(s), Solid Surface Counters, Stone Counters
- Laundry
- Laundry Closet
- Stories / Levels
- One
- Direction faces
- Southwest
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $1,069/mo
- Total annual fees
- $12,824
- HOA name
- Progressive Community Management
- 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 Rules & Regulations or contact management company for more details.
- Approval process
- Please review Rules & Regulations or contact management company for more details.
Exterior & Construction
- Exterior features
- Garden, Outdoor Grill, Outdoor Shower, Rain Gutters, Sidewalk
- Construction materials
- Block, Stucco
- Roof
- Tile
- Foundation
- Basement
- Road surface
- Asphalt, Concrete
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 | |
| Dinette | First | |
| Kitchen | First | |
| Primary Bedroom | First | |
| Primary Bathroom | First | |
| Den | First |
Listing Details
- Listing date
- 2026-05-11
- On market date
- 2026-05-16
- Original list price
- $425,000
- Occupant type
- Vacant
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-06-22
- Tax legal description
- UNIT 202 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 November 11, 2026 at 1:57 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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