500 S Palm Avenue Unit 92, Downtown, FL 34236

$2,700,000
3
BD
4
BA
3,315
SqFt

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Sold Price
$2,700,000
List Price
$2,999,900
Closing Date
Mar 30, 2026
MLS#
A4676977
Type
Condo
Property Style
Condo
Bedrooms
3
Bathrooms
4
Living Area
3,315
Subdivision
Tessera
Year Built
2000

Property Description

One or more photo(s) has been virtually staged. Unobstructed water views take center stage in this rarely available residence at Tessera, ideally positioned on esteemed Palm Avenue. Offering breathtaking vistas of Sarasota Bay and the Gulf of Mexico, this exceptional condo presents a unique opportunity for its next owner to thoughtfully customize a truly special waterfront home. Tessera is prized for its quiet, serene setting while remaining effortlessly connected to the energy of downtown Sarasota. With only 24 private residences in the building and two residences on Level 9, the building delivers an elevated sense of privacy that discerning buyers value. The arrival is nothing short of impressive, featuring paneled solid wood doors that open to a gracious foyer with an immediate, unobstructed view of the water beyond. The thoughtfully designed split floor plan with 3,315 sq ft of interior space includes a private office near the entry, two en-suite guest bedrooms on one wing, and an expansive primary suite on the opposite side. The primary retreat is exceptional in scale, offering sweeping water views, two oversized closets rarely found in newer construction, an additional closet within one of the two primary bathrooms, and direct access to the terrace creating an inviting way to begin each morning. The Great Room is wrapped in floor-to-ceiling glass, capturing Sarasota’s ever-changing coastal beauty. A generous wraparound terrace extends from the Great Room to the kitchen, creating the perfect backdrop for sunsets, watching yachts glide through the marina, and admiring the iconic John Ringling Causeway leading to Longboat Key, St. Armands, and Lido Key. Completing this offering are two private single-car garages—an exceptional rarity in downtown condominium living. Amenities include a recently update fitness center and an outdoor pool that is perfect for swimming laps. Relax in the spa located near the pool in this private and serene setting. This is a remarkable chance to transform a coveted Tessera residence into a refined waterfront showpiece while enjoying Sarasota’s vibrant arts scene, boating lifestyle, pristine beaches, and an array of celebrated dining destinations just moments from your door.

Additional Information

Condo Maint. Fee
$8650
Condo Maint. Fee Schedule
Quarterly
Community Features
Association Recreation - Owned, Buyer Approval Required, Fitness Center, Pool, No Deed Restriction
Style
One Story
Exterior Construction
Block, Stucco
Mnthly. Maint. Incl.
Cable TV, Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
Interior
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Appliances
Built-In Oven, Cooktop, Dishwasher, Refrigerator
Exterior
Balcony, Sliding Doors, Storage
Roof
Concrete
Located Near
City Limits
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Garage
Deeded, Garage Door Opener, Guest, Basement
Floor
Carpet, Tile, Wood
Heating
Central
Cooling
Central Air
Pool
Yes
Pool Type
Community
Water
Beach Front, Beach View, Beach Access
Water View
Yes

Listing courtesy of DOUGLAS ELLIMAN. Selling Office: DOUGLAS ELLIMAN.

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