Active
$1,250,000
Est. $7,974/mo

340 S Palm Ave #14, Sarasota, FL, 34236

$705/sqft·Sarabande

2 bd2 ba1,774 sqft1 car garageCondominium
Listed by DOUGLAS ELLIMAN· Last updated · MLS# A4690211

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

Est. monthly payment
$7,974/mo
Down payment (20%)
$250,000
Property taxes
$830/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

High-rise condo
15 stories · 1998
Community pool
Fitness center too
1 car garage
1,774 sqft
Living area

About this home

High CeilingsOpen FloorplanStone CountersWindow TreatmentsBuyer Approval RequiredCommunity MailboxDeed RestrictionsFitness Center

340 S Palm Ave #14 is a 1998-built home in Sarabande, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,774 square feet of living space. Listed at $1,250,000 (about $705/sqft), 76 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Set along the iconic South Palm Avenue, renowned for its quiet sophistication and gallery-lined streets, Residence #14 at Sarabande Sarasota offers a rare opportunity to own a home defined by protected, unobstructed views of Sarasota Bay. THIS is Palm Avenue living at its most refined, where a neighborhood-like setting meets effortless access to art galleries, boutique shopping, acclaimed dining, and Whole Foods Market all just moments away, yet peacefully removed from the pace of downtown. A THOUGHTFULLY DESIGNED RESIDENCE: Spanning 1,776 square feet, this residence offers two bedrooms + an office/den and two bathrooms, designed with both privacy and versatility in mind. A PRIVATE GUEST SUITE positioned at the entrance of the residence creates a welcoming yet secluded experience for visitors. A MULTI-FUNCTIONAL OFFICE/DEN, complete with an in-wall Murphy bed, easily transforms into a third bedroom. THE OPEN CONCEPT KITCHEN is spacious and inviting, perfect for those who love to cook while remaining connected to guests. THE GREAT ROOM is filled with natural light and framed by lush palm-lined greenery, creating a serene backdrop that enhances the home’s tranquil ambiance. THE VIEW: Protected, Enduring, Exceptional! WHAT truly elevates this residence is its unique positioning on the first full level of residences, offering a rare combination: 1 - Peek-a-boo yet unobstructed view of Sarasota Bay. 2 - A vantage point that balances privacy, greenery, and water 3 - Protected sightlines that enhance long-term value and desirability. Enjoy city and bay views from the great room primary suite and terrace, an understated yet powerful feature for the discerning buyer seeking a view that endures. STEP onto your private terrace, perfectly suited for al fresco dining, morning coffee, or sunset evenings overlooking the bay. ELEVATED COMFORT AND CONVENIENCE: DEDICATED laundry room with sink and stackable washer/dryer. ONE secured parking space, pre-wired for an EV charger. A Private storage unit for storing extra must haves. AMPLE guest parking allows friends and family to visit with ease. A BUILDING THAT WELCOMES YOU HOME! Sarabande Sarasota has recently undergone thoughtful enhancements, including: A refreshed lobby with an inviting arrival experience. Exterior repainting and upgraded elevator systems. THE result is a building that feels polished, welcoming, and aligned with today’s luxury expectations. AMENITIES Designed for Lifestyle & Wellness: Residents enjoy a well-appointed collection of amenities, including: -Club Room for entertaining and social gatherings -Board/Conference Room for business needs -Two pools, including a dedicated lap pool -Spa and steam room for relaxation and rejuvenation. There is also a Fitness center with a private room to accommodate personal massage services. Enjoy the outdoor grilling area for casual entertaining poolside. A lifestyle that seamlessly blends wellness, convenience, and community. THE PALM AVENUE LIFESTYLE - For the buyer seeking a quiet, refined setting with protected Sarasota Bay views, Residence #14 offers a compelling opportunity where location, layout, and lifestyle align with intention. SCHEDULE your private showing and experience Palm Avenue living firsthand.

The essentials

Built
1998
Price / sqft
$705
On market
144 days
Annual tax
$9,959
Flood zone
AE
Type
Condominium

Location

340 S Palm Ave #14
Sarasota, FL, 34236·34236 - Sarasota
Type
Condominium
Year Built
1998
Lot
-
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
144
High Ceilings
Open Floorplan
Stone Counters
Window Treatments
Buyer Approval Required
Community Mailbox
Deed Restrictions
Fitness Center
Pool
Built-in Oven
Cooktop
Dishwasher
Dryer
Range Hood
Refrigerator
Washer
Wine Refrigerator

Elementary

Southside Elementary

Middle

Brookside Middle

High

Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone AE

Annual Tax (2025)

$9,959

Parcel #

2027114004

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Sarabande

County

Sarasota

MLS Area

34236 - Sarasota

Lot Size

-

Date
Event
Price
5/5/2026
Price change
Source: Stellar MLS #A4690211
$1,250,000-7.4%
$705/sqft
4/23/2026
Listed for sale
Source: Stellar MLS #A4690211
$1,350,000
$761/sqft
Est. monthly payment$7,974/mo
Principal & interest$6,519
Property taxes$830
Insurance$625
Down payment20% · $250,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $1,250,000
$1.19M – $1.25M
95.3% – 100% of listTops out right at the list price
80% of listList price
60 of the last 118 condo closings in 34236 landed at this number or higher (51%). The median one sat 77 days before it went under contract, and this one is on day 144 after a $100,000 cut.

Sample: 118 closed condo sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Keep exploring Tampa Bay

Pick up where you left off, or see what else is out there.