500 S Palm Avenue Unit 31, Sarasota, FL 34236
- $2,400,000
- 3
- BD
- 4
- BA
- 2,830
- SqFt
- Sold Price
- $2,400,000
- List Price
- $2,495,000
- Status
- Sold
- Days on Market
- 124
- Closing Date
- Apr 23, 2026
- MLS#
- A4671352
- Property Style
- Condo
- Architectural Style
- Contemporary
- Year Built
- 2000
- Bedrooms
- 3
- Bathrooms
- 4
- Baths Half
- 1
- Living Area
- 2,830
- Price per sq. ft.
- 881.63
- Building Name
- Tessera
- Monthly Condo Fee
- 2883
- Legal Subdivision Name
- Tessera
- Community Name
- Tessera
- MLS Area Major
- Sarasota
Property Description
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 luxury vinyl plank 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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Additional Information
- Taxes
- $20105
- Minimum Lease Period
- 1-2 Years
- Max Times per Year
- 1
- Maintenance Includes
- Cable TV, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
- Condo Fees
- $8650
- Condo Fees Term
- Quarterly
- Location
- City Limits, Near Marina, Near Public Transit, Sidewalk
- Community Features
- Association Recreation - Owned, Buyer Approval Required, Fitness Center, Pool, Street Lights, No Deed Restriction
- Property Description
- One Story
- Zoning
- DTB
- Interior Features
- Built-in Features, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
- Floor
- Luxury Vinyl, Marble
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Water Filtration System
- Utilities
- BB/HS Internet Available, Cable Connected, Public, Sewer Connected, Water Connected
- Heating
- Central, Zoned
- Air Conditioning
- Central Air, Zoned
- Exterior Construction
- Block, Stucco
- Exterior Features
- Balcony, Lighting, Sliding Doors, Storage
- Roof
- Membrane
- Foundation
- Slab
- Pool
- Community
- Garage Carport
- 2 Car Garage
- Garage Spaces
- 2
- Garage Features
- Deeded, Garage Door Opener, Guest, Basement
- Elementary School
- Southside Elementary
- Middle School
- Booker Middle
- High School
- Sarasota High
- Water View
- Bay/Harbor - Full, Intracoastal Waterway
- Pets
- Allowed
- Max Pet Weight
- 50
- Pet Size
- Medium (36-60 Lbs.)
- Floor Number
- 3
- Flood Zone Code
- AE
- Parcel ID
- 2027145005
- Legal Description
- UNIT 31 TESSERA
Listing courtesy of MICHAEL SAUNDERS & COMPANY. 941-951-6660
Selling Office: MICHAEL SAUNDERS & COMPANY.Mortgage Calculator
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