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Pending

523 S PALM AVE #7

$1,095,000 · 2 bd · 3 ba · 1,919 sqft · Built 1998

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$1,095,000

523 S PALM AVE #7 · SARASOTA, FL · 34236

  • 2 bd
  • 3 ba
  • 1,919 sqft
  • Built 1998
  • Pending
  • Est. $7,461/mo
Single Family Residence
Built 1998
0 sq ft lot
$571/sqft
$667 / Monthly HOA
$14,820.32/yr taxes

About this home

Under contract-accepting backup offers. Great opportunity downtown, $200,000 price reduction! Rarely available free standing 2 story villa on picturesque Palm Avenue in the heart of downtown Sarasota. Nestled behind the gate of an intimate enclave of 12 townhomes, this charming detached villa, the largest of the 12, lives like a home and is part of a homeowner's association. As you enter the private courtyard, you immediately feel the uniqueness of this property. Double French doors open to a freshly painted interior with new porcelain tile throughout the first floor, and plantation shutters on all the windows. The dream kitchen features all Viking appliances, a natural gas cooktop, an integrated Subzero refrigerator, white custom cabinetry, granite countertops, and breakfast bar. The spacious dining room can accommodate a large table to entertain several people. The dining room extends to another terrace with a privacy wall where you can set up your grilling area and herb garden. Also located in the dining area, is a 60 bottle built-in wine refrigerator next to a pullout storage cabinet. The gracious living room features cathedral ceilings and a gas fireplace. The first floor also offers a well designed office with built-ins and a window, extra storage, a half bath, and access to a one car garage. The 2nd parking space is located under the common carport. Both of the 2 bedrooms upstairs have access to a large balcony to enjoy the outdoor. The primary bedroom features wood floorings, a generous walk-in closet, an updated bath with double vanities, and a large walk-in shower. The guest bedroom features a custom closet, updated bath with tub/shower. New A/C unit in 2023 was installed. This is the ideal property for someone who wants to be in a maintenance-free home in the vibrant downtown Sarasota with low monthly dues.

Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,919 sq ft
Stories
2
Heating
Electric
Cooling
Central Air
Flooring
Tile, Wood
Appliances
Built-In Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Interior features
Ceiling Fans(s), High Ceilings, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments

Exterior & lot

Lot size
0 sq ft
Garage spaces
1
Exterior features
Balcony, Courtyard, French Doors, Garden, Outdoor Shower

Construction

Year built
1998
Construction
Block, Stucco
Roof
Tile
Property type
Single Family Residence

HOA & financial

HOA fee
$667 / Monthly
Annual taxes
$14,820.32
Days on market
214 days
Subdivision
PALM AVE VILLAS
County
Sarasota
MLS #
MFRA4609920

What it’ll cost

Estimated monthly payment

Monthly
  • Principal & interest
  • Property tax (est.)
  • Home insurance (est.)

Estimate only — taxes, insurance, and HOA vary. Confirm exact figures with a lender.

Neighborhood

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SARASOTA market snapshot

$508,745

Median list price

140

Homes for sale

150

Avg days on market

Similar homes nearby

Listing courtesy of MICHAEL SAUNDERS & COMPANY

Listing data provided in part by Stellar MLS and deemed reliable but not guaranteed. MLS #MFRA4609920.