PL1/340 South Palm Avenue

Off Market

PL1/340 South Palm Avenue

Sarasota FL 34236

4555 sq. ft.

Condo

Last sold for $1,100,000

Sasha Volosevych, last sold this property on 30 September 2026 after 978 days on market.

Overview

Virtually Staged. Discover an extraordinary luxury condominium offering one of downtown Sarasota's most distinguished living experiences. Perfectly positioned on prestigious Palm Avenue, this exceptional residence blends timeless elegance, sophisticated design, and breathtaking panoramic views of Sarasota Bay and the city skyline. Just moments from world-class dining, boutique shopping, theaters, art galleries, the marina, and Sarasota's vibrant waterfront, this remarkable home offers an unparalleled blend of luxury and comfort. A dramatic rotunda foyer with designer lighting creates an unforgettable first impression, welcoming you into expansive living and entertaining spaces where soaring ceilings and floor-to-ceiling windows and sliding glass doors flood the residence with natural light while showcasing spectacular bay and city views. Designed for effortless entertaining, the spacious great room features a custom continental bar with seating for six, creating the perfect gathering space for family and friends. Just beyond the living area, sliding glass doors open to the home's most extraordinary feature—an approximately 2,200-square-foot wraparound terrace, one of the largest private outdoor living spaces in downtown Sarasota. This exceptional terrace seamlessly extends the interior living space outdoors, providing the ultimate setting for entertaining, relaxing, dining al fresco, or simply taking in breathtaking sunsets and panoramic views of Sarasota Bay and the city skyline. The chef-inspired kitchen is thoughtfully designed for both everyday living and entertaining, offering generous counter space, a breakfast bar, and an adjoining butler's pantry with a spacious laundry area, combining elegance with exceptional functionality. The luxurious primary suite is a true private retreat, featuring a cozy electric fireplace and a thoughtfully designed spa-inspired bath. Separate his-and-her sides each offer a private vanity area and dedicated closet, with one side featuring an oversized walk-in closet. At the center, an impressive walk-through shower beautifully connects both spaces, creating a seamless, resort-style experience that perfectly balances luxury, privacy, and everyday comfort. The guest suite offers exceptional flexibility and can easily serve as a private bedroom, elegant home office, or den. Complete with its own walk-in closet and private ensuite bathroom featuring a soaking tub, it provides comfort and privacy for family members or overnight guests. A beautifully appointed powder room is conveniently located off the main hallway, offering guests easy access while preserving the privacy of the bedroom suites. Every detail throughout the residence reflects timeless sophistication, from the stunning gold-leaf glass tile ceiling in the powder room to the beautifully appointed bathrooms and refined designer finishes that elevate every space. Residents enjoy an outstanding collection of resort-style amenities, including a state-of-the-art fitness and spa center, 24-hour concierge service, professional on-site management, and the convenience of secure, maintenance-free luxury living.Perfectly located on prestigious Palm Avenue, you'll find yourself just steps from Sarasota's finest restaurants, boutique shopping, theaters, art galleries, Bayfront Park, the marina, and the city's celebrated cultural attractions.This is more than a luxury condominium—it's an extraordinary opportunity to own one of downtown Sarasota's most impressive residences

Features

2 bedrooms

4 bathrooms

1 carspace

1 garage space

4555 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Sarasota over the last 12 months, the estimated median property value of PL1/340 South Palm Avenue is $895k.

Median value

$895k

Estimated value range

$225k - $2.75m

Median days on market

Estimated value trend

-19%

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 PL1/340 South Palm Avenue

2026

Sold

$1,100,000

30 Sep 2026 by Sasha Volosevych, of CALL IT CLOSED INTL REALTY

2021

Sold

$985,000

08 Mar 2021 by Michael Moulton, of MICHAEL SAUNDERS & COMPANY

Happy sellers in Sarasota

87%

87% 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 9 reviews in Sarasota over the last 12 months.

Local market activity for 2 bedroom condos in Sarasota

In the last 12 months, 190 two-bedroom condos similar to PL1/340 South Palm Avenue, have been sold.

This represents a 15% decrease in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Sarasota for a market analysis.

Roberta Tengerdy PA and Carolyn Barker Collins PA

at Premier Sotheby's International Realty

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Yvette Sellyn

at COLDWELL BANKER REALTY

(46 reviews)

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Bruce Myer

at Coldwell Banker Realty - Longboat Key

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Monica Verinder

at COLDWELL BANKER REALTY

(48 reviews)

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Nearby agents

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Roberta Tengerdy PA and Carolyn Barker Collins PA

Sellers who recommend Roberta Tengerdy PA and Carolyn Barker Collins PA have praised them for being local expert, responsive, clear communication, supportive, friendly, reliable, and detail-oriented

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