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Listing Details for MLS #A4676977 - 500 S Palm Avenue Unit 92, Sarasota, Fl 34236

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Residential Property - Condominium in Sarasota

Listing Price: $2,999,900Days on Market: 1

Description of Property

One or more photo(s) has been virtually staged. Unobstructed water views take center stage in this rarely available residence at Tessera, ideally positioned on esteemed Palm Avenue. Offering breathtaking vistas of Sarasota Bay and the Gulf of Mexico, this exceptional condo presents a unique opportunity for its next owner to thoughtfully customize a truly special waterfront home. Tessera is prized for its quiet, serene setting while remaining effortlessly connected to the energy of downtown Sarasota. With only 24 private residences in the building and two residences on Level 9, the building delivers an elevated sense of privacy that discerning buyers value. The arrival is nothing short of impressive, featuring paneled solid wood doors that open to a gracious foyer with an immediate, unobstructed view of the water beyond. The thoughtfully designed split floor plan with 3,315 sq ft of interior space includes a private office near the entry, two en-suite guest bedrooms on one wing, and an expansive primary suite on the opposite side. The primary retreat is exceptional in scale, offering sweeping water views, two oversized closets rarely found in newer construction, an additional closet within one of the two primary bathrooms, and direct access to the terrace creating an inviting way to begin each morning. The Great Room is wrapped in floor-to-ceiling glass, capturing Sarasota’s ever-changing coastal beauty. A generous wraparound terrace extends from the Great Room to the kitchen, creating the perfect backdrop for sunsets, watching yachts glide through the marina, and admiring the iconic John Ringling Causeway leading to Longboat Key, St. Armands, and Lido Key. Completing this offering are two private single-car garages—an exceptional rarity in downtown condominium living. Amenities include a recently update fitness center and an outdoor pool that is perfect for swimming laps. Relax in the spa located near the pool in this private and serene setting. This is a remarkable chance to transform a coveted Tessera residence into a refined waterfront showpiece while enjoying Sarasota’s vibrant arts scene, boating lifestyle, pristine beaches, and an array of celebrated dining destinations just moments from your door.The average asking price for a 3 bedroom/4 bath condominium in this Zip code is $3,665,767. This condominium is listed at about 82% of the average asking price. There are 2 3 bedroom/4 bath homes between $2,600,000 and $3,400,000 currently listed for sale in this Zip code. See other listings like this one »

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Property Details At A Glance

  • Virtual Tour

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Tessera
Bedrooms: 3
Bathrooms: 4
Sq. Ft. Gross: 3,930
Sq. Ft. Living Area: 3,315
Cost per (heated) sqare foot: $905
Year built: 2000
Annual Tax: $22,411

Condo Fee: $8,650 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.

Association Fee Includes:

  • Water

Interior Features: Ceiling Fan(s)
Appliances: Refrigerator

Flooring: Hardwood

Laundry Features: Laundry Room

Pool & Waterfront Info

Private Pool: Not specified

Exterior & Construction

Construction: Stucco
Foundation: Stilt/On Piling
Roof: Concrete
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Parking Features: Under Building
Floors Total: 13
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Patio & Porch Features: Wrap Around
View: Water

Utilities: Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features: Pool

Lot Information

Lot Features: City Lot
Front Exposure: West

Legal Description & Other Information

Financing Available: Conventional
Parcel Number: 2027145018
Zoning: DTB
Tax Legal Desc.: UNIT 92 TESSERA
Section: 19
Range: 18

Map

 

Listing courtesy of DOUGLAS ELLIMAN. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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