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$2,850,000
3 Days On Site

500 S PALM AVENUE 31
SARASOTA, FL 34236

For Sale|Condominium|Active
3
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
2,830
SqFt
$1,007
/SqFt
2000
Built
Subdivision:
TESSERA
County:
Sarasota

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500 S PALM AVENUE 31500 S PALM AVENUE 31500 S PALM AVENUE 31500 S PALM AVENUE 31
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Spectacular Bay, Downtown, John Ringling Bridge views and glorious sunsets are yours in this sophisticated 3 bedroom, 3.5 bath Downtown Sarasota residence in the exclusive Tessera condominium, providing a distinguished lifestyle and easy access to all that Sarasota has to offer. Exceeding the highest standards of design, form and function, numerous updates and features offer convenience and refined style and this exceptional home blends the privacy and scale of a single-family residence with the ease and amenities of luxury condominium living. Enter the home through the beautifully appointed double-door foyer, framed by a circular tray ceiling, bespoke chandelier, and gallery-style walls ideal for art and sculpture. The walls of glass bestow best-in-class panoramic views while thoughtful finishes; warm engineered hardwood flooring, chic Mica wallpaper, designer lighting, and a fresh coastal palette set a tone of understated sophistication. Walk into the expansive main living area, where floor-to-ceiling sliders optimize Bay views and effortlessly connect to a flexible sitting area—perfect for relaxing, watching the game, or opening to the main space for larger gatherings. The elegant dining area offers stunning Bay vistas that elevate every meal. The kitchen is both functional and inviting, showcasing stone countertops, a double-door refrigerator, dual wall ovens, a large pantry, abundant cabinetry, and a convenient pass through to the dining area. Enter the sprawling primary suite, a private retreat enhanced by its own terrace and a reimagined layout providing his-and-hers bathrooms, dual vanities, two generous walk-in closets, soaking bathtub and a shared marble-and-glass surround shower. Floor-to-ceiling windows frame treetop and Bay views, creating a serene environment from sunrise to sunset. The additional bedrooms offer comfort and privacy, including a guest suite with ensuite bathroom and terrace access, and a second guest bedroom currently serving as a sophisticated office with custom wood built-ins and tailored desk. The convenient guest bath features custom wallpaper and the large laundry room features a brand-new full-size washer and dryer. Solid-core paneled doors, on trend gold hardware, new lighting from Franklin Lighting, and ample storage throughout enhance the home’s effortless livability. Step onto the two sprawling wrap-around terraces—quiet, private, and designed for year-round enjoyment—ideal for dining, lounging, or entertaining among mature live oak canopies or taking in sweeping Bay views and world class sunsets. A rare, oversized private two-car garage with built-in shelving and electrical outlet, an on-floor storage room, and all building water detection system further elevate convenience. Tessera offers exceptional privacy with only two residences per floor and no shared common walls. Amenities include a heated 60-foot pool with sun deck, whirlpool spa, and state-of-the-art fitness center —all fully updated in 2024, along with the lobby and community spaces redesigned by JKL Design. The pet friendly building also offers a grilling area and bicycle storage. Located in the heart of Sarasota’s downtown, just steps from Main Street, Burns Court, the Bayfront, and Selby Gardens, Tessera offers an unparalleled blend of luxury and convenience.

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Listing Snapshot
Price 
$2,850,000
Days On Site 
3 Days
Bedrooms 
3
Inside Area (SqFt) 
2,830 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
N/A
Year Built 
2000
MLS® Number 
A4671352
Status 
Active
Property Tax 
$20,105
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
11 hours agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Attached Garage 
Yes
Direction Faces 
West
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Levels 
One
Number Of Stories 
14
Parking 
DeededGarage Door OpenerGuestBasementAttached
Pets 
Yes
Property Sub Type 
Condominium
Security 
Fire Sprinkler SystemKey Card EntrySmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
3655
Style 
Contemporary
Utilities 
Cable AvailableCable ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
DTB
Interior Features
Appliances 
CooktopDishwasherDisposalDryerElectric Water HeaterExhaust FanMicrowaveRefrigeratorWasher
Cooling 
Central AirZoned
Flooring 
HardwoodMarble
Furnished 
Unfurnished
Heating 
CentralZoned
Interior 
ElevatorBuilt-in FeaturesHigh CeilingsOpen FloorplanStone CountersWalk-In Closet(s)
Laundry Features 
Laundry Room
Window Features 
Blinds
Balcony/Porch/Lanai 
Dimensions - 33x25Level - First
Bedroom 2 
Dimensions - 14x16Level - First
Bedroom 3 
Dimensions - 13x16Level - First
Den 
Dimensions - 8x12Level - First
Dining Room 
Dimensions - 10x16Level - First
Foyer 
Level - First
Kitchen 
Level - First
Living Room 
Dimensions - 19x21Level - First
Master Bathroom 
Level - FirstFeatures - Double Vanity
Master Bedroom 
Dimensions - 16x20Level - FirstFeatures - Ceiling Fan(s)
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Exterior Features
Construction Details 
BlockStucco
Exterior 
BalconyLightingStorage
Lot Features 
Near Public Transit
Patio And Porch 
CoveredWrap Around
Roof 
Membrane
View 
WaterCity
Waterview 
WaterCity
Windows/Doors 
Blinds
Community Features
Association Amenities 
Elevator(s)Storage
Community Features 
Fitness CenterPoolStreet Lights
Financing Terms Available 
CashConventional
MLS Area 
34236 - Sarasota
Roads 
Paved
Township 
36
Schools
School District
Unknown
Elementary School
Southside Elementary
Middle School
Booker Middle
High School
Sarasota High
Listing courtesy of MICHAEL SAUNDERS & COMPANY 9413569642



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-11-25 03:29 AM EST

Neighborhood & Commute
Source: Walkscore
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