Back 505/1500 State St
Off Market

505/1500 State St

Sarasota FL 34236

1
1
1
821 sq. ft.
4927 sq. ft.
Condo
Last sold for $615,000
Michael CellaMichael Cella, last sold this property on 30 June 2025 after 7 days on market.

Overview

Don?t miss this rare opportunity to own a beautifully updated, turnkey furnished condo in the heart of downtown Sarasota. Located at the corner of State Street and Lemon Avenue, this boutique building features just 20 residences and offers an unbeatable location just steps from the city?s finest restaurants, shops and galleries. This exceptional 1-bedroom, 1-bath unit has been thoughtfully renovated and is being sold fully furnished with brand new Bernhardt designer furniture. The kitchen has been upgraded with sleek, brand new touchscreen appliances, combining cutting-edge technology with modern elegance. The living space is bright and inviting, featuring soaring 10-foot ceilings, fresh paint throughout, tile flooring, and a newly installed floor-to-ceiling cabinet that adds both style and storage. From the private balcony, enjoy vibrant downtown views?with a glimpse of the water to remind you just how close you are to Sarasota?s beautiful bayfront. The spacious bedroom includes a custom-designed closet, while two brand new TVs offer entertainment at your fingertips. This condo includes one assigned parking space on the 5th level of the secure garage, with an option to rent an additional space for just $100 per month. Whether you?re searching for a year-round residence, a seasonal retreat, or a stylish investment property, this condo offers the perfect combination of location, luxury, and convenience. Call us today for a private showing!

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
821 sq. ft. floor area
4927 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Sarasota over the last 12 months, the estimated median property value of 505/1500 State St is $393k.

Median value
$393k
Estimated value range
$220k - $869k
Median days on market
90
Estimated value trend
-25%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 505/1500 State St

2025
Sold
$615,000
30 Jun 2025 by Michael Cella, of CELLA'S REAL ESTATE INC
2024
Sold
$600,000
24 May 2024 by Michael Cella, of KELLER WILLIAMS ON THE WATER S
2023
Rented
Undisclosed
25 Sep 2023 by KELLER WILLIAMS ON THE WATER S

Happy sellers in Sarasota

90%
90% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Sarasota over the last 12 months.

Local market activity for 1 bedroom condos in Sarasota

In the last 12 months, 38 one-bedroom condos similar to 505/1500 State St, have been sold.

This represents a 26% increase in one-bedroom condos sales when compared to the previous 12 months.

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