SARASOTA, FL 34236 500 S PALM AVENUE 31

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Presented By: MICHAEL SAUNDERS & COMPANY with 941-951-6660. - 941-951-6660
  • MLS# A4671352
  • 11/06/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 3
  • Full/Half Baths • 3 / 1
  • SQFT • 2,830
  • Garage • 2

Home Details

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.
Presented By: MICHAEL SAUNDERS & COMPANY with 941-951-6660. - 941-951-6660

Interior Features for 500 S PALM AVENUE 31

Bedrooms

Total Bedrooms3

Bathrooms

Half Baths1
Total Baths4

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Common WallsEnd Unit
Fireplace Y/NNo
FlooringEngineered Hardwood, Marble
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry FeaturesLaundry Room
Total Stories13
Window FeaturesBlinds

General for 500 S PALM AVENUE 31

Additional Parcels Y/NNo
Additional RoomsDen/Library/Office
AppliancesBuilt-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Water Filtration System
Architectural StyleContemporary
Association AmenitiesElevator(s), Lobby Key Required, Storage
Association Fee IncludesCable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
Association NameHonna Nisbet
Attached Garage Yes
Building Area UnitsSquare Feet
Carport Y/NNo
CitySARASOTA
Community FeaturesAssociation Recreation - Owned, Buyer Approval Required, Fitness Center, Pool
Construction MaterialsBlock, Stucco
CoolingCentral Air, Zoned
CountySarasota
DirectionsLocated on Palm Avenue, two blocks south of Main Street, between Ringling and Mound, on the west side of the street. There is parking in front of the building, in the courtyard, and also on the street.
Elementary SchoolSouthside Elementary
Facing DirectionWest
Flood Zone CodeAE
Full Baths3
Garage Spaces2
Garage Y/NYes
HOA Monthly Maintenance
HeatingCentral, Zoned
High SchoolSarasota High
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionUNIT 31 TESSERA
LevelsOne
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet
MLS Area34236 - Sarasota
Middle/Junior High SchoolBooker Middle
Minimum Lease1-2 Years
Monthly Condo Fee Amount2883
New ConstructionNo
Occupancy TypeOwner
OwnershipCondominium
Patio/Porch FeaturesCovered, Wrap Around
Pet Size LimitMedium (36-60 Lbs.)
Pets AllowedYes
Property SubtypeCondominium
Property TypeResidential
RoofMembrane
STELLAR_InLawSuiteYNNo
Security FeaturesFire Sprinkler System, Key Card Entry, Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTESSERA
Tax Annual Amount20105
Tax Lot0
Tax Year2025
Total Rooms11
Unit Number31
UtilitiesBB/HS Internet Available, Cable Connected, Public, Sewer Connected, Street Lights, Water Connected
ViewCity, Water
Water Access Y/NNo
Water ViewBay/Harbor - Full, Intracoastal Waterway
Water View Y/NYes
Year Built2000
ZoningDTB

Exterior for 500 S PALM AVENUE 31

Building Area Total3655
Covered Spaces2
Exterior AmenitiesBalcony, Lighting, Sliding Doors, Storage
Foundation DetailsSlab
Lot FeaturesCity Lot, Near Marina, Near Public Transit, Sidewalk
Lot Size Acres
Parking FeaturesDeeded, Garage Door Opener, Guest, Under Building
Private PoolNo
Road Surface TypePaved
VegetationMature Landscaping
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Steven Pugh

Broker Associate | Team Leader
Price $2,850,000
MLS#A4671352
List Date 11/06/2025
Property Type Condos
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