Back Unit 32/340 S Palm Ave
Off Market

Unit 32/340 S Palm Ave

Sarasota FL 34236

2
2
1
2074 sq. ft.
56130 sq. ft.
Condo
Last sold for $1,300,000
Joel SchemmelJoel Schemmel, last sold this property on 29 June 2026 after 229 days on market.

Overview

Set within Sarabande, one of downtown Sarasota’s most distinguished bayfront addresses, this third-floor residence blends comfort, functionality, and the opportunity for thoughtful modernization. The elevator opens directly outside the front door, leading into a spacious layout designed to capture Sarasota’s most breathtaking sunsets and sweeping views across Sarasota Bay. Inside, the great room is bright and inviting, with sliders opening to a private terrace and transom windows that frame the bay and beyond. The kitchen features solid-surface countertops, white cabinetry, and a generous eat-in nook, creating a bright and practical space for everyday living or casual entertaining. The primary suite offers two walk-in closets and an en-suite bath with a walk-in shower and vanity area, while the guest bedroom, with floor-to-ceiling windows and plantation shutters and a connecting Jack-and-Jill bathroom, ensures privacy and comfort. A den with French doors provides flexibility for an office or media space. Tile flooring flows through the main living areas, complemented by carpet in the bedrooms and den. The laundry room includes cabinetry and a utility closet for added convenience. The residence has been exceptionally maintained and offers a clean, livable foundation for a new owner to personalize. Beyond its walls, this home’s appeal lies in its setting within one of Sarasota’s premier luxury towers, steps from downtown dining, cultural venues, and the waterfront Bayfront Park. Sarabande’s reputation for prestige, full amenity suite including guest suites, and location makes this residence an extraordinary opportunity to enjoy Sarasota’s coastal city lifestyle, enhanced by a front-row seat to its most unforgettable sunsets.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
2074 sq. ft. floor area
56130 sq. ft. lot size
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 Unit 32/340 S Palm Ave is $950k.

Median value
$950k
Estimated value range
$225k - $2.13m
Median days on market
96
Estimated value trend
-5%
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 Unit 32/340 S Palm Ave

2026
Sold
$1,300,000
29 Jun 2026 by Joel Schemmel, of DOUGLAS ELLIMAN
2014
Sold
$887,500
07 May 2014

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, 185 two-bedroom condos similar to Unit 32/340 S Palm Ave, have been sold.

This represents a 11% decrease in two-bedroom condos sales when compared to the previous 12 months.

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