$6,475,000
Active65 S Palm Ave #1205, Sarasota, FL 34236
3 beds · 3.5 baths · 3,395 sq ft
Listing courtesy of COLDWELL BANKER REALTY · MLS# A4675113
320 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- Bayfront views
- Built-in summer kitchen
- Sky Speakeasy Lounge
- Golf simulator
- Therapy pool
AI-selected highlights from the listing description below.
Under Construction. The last great address on Palm Avenue. Introducing the West Coast of Florida’s most distinctive and extraordinary new condominium offering. For the first time in over a century, the legendary Mira Mar is being reimagined. Originally established in 1922, this iconic South Palm Avenue landmark—home to Sarasota’s first hotel, graceful residences, and refined boutiques—was once the city’s most coveted address. Today, Seaward Development, Sarasota’s premier luxury developer, is breathing new life into this cherished property, blending its storied past with modern elegance to create a timeless residential masterpiece. The all-new Mira Mar will showcase two sophisticated condominium towers that unite classic architecture with a contemporary refinement. A limited collection of expansive residences—each designed to live like a private home—will offer breathtaking bayfront and city views, world-class design, and the ultimate in urban coastal living. Perfectly positioned along nearly 400 feet of South Palm Avenue frontage, residents will enjoy walkable access to Sarasota’s cultural destinations, fine dining, upscale shopping, and waterfront experiences—all just steps from their front door. Experience the perfect blend of space, style, and sophistication in this exceptional three-bedroom residence, elevated by captivating west-facing views stretching across Sarasota Bay and the barrier islands. The gourmet kitchen impresses with high-quality Wolf and Sub-Zero appliances, custom cabinetry, and a dedicated chef’s scullery complete with a wine refrigerator—ideal for effortless preparation and entertaining. The expansive primary suite features a luxurious en-suite bath with dual vanities, double water closets, and a generous walk-in shower with dual showerheads, along with a custom-designed walk-in closet for refined organization. The spacious private terrace—complete with a built-in summer kitchen—creates an inviting outdoor retreat where golden sunsets paint the sky each evening. All of this is set in the vibrant heart of downtown. Mira Mar residents will enjoy a collection of exceptional amenities designed for the most discerning lifestyles. These include 24-hour concierge, complimentary valet service, a resort-style pool and hot tub, and spa-inspired locker rooms featuring steam, sauna, and a therapy pool. The Sports Lounge offers a golf simulator and putting green, while the Garden Room and Terrace provide serene spaces for relaxation and social gatherings. Crowning it all is the exclusive Sky Speakeasy Lounge—a resident-only retreat located on the Penthouse level with captivating bay and sunset views, perfect for unwinding or entertaining in style. A true expression of coastal luxury and downtown sophistication, Mira Mar represents a once-in-a-lifetime opportunity to live in a reimagined piece of Sarasota history—that began in 1922 where timeless architecture, impeccable craftsmanship, and an unmatched Palm Avenue location create the city’s most distinguished new address for a select few.
Facts
- Property type
- Condominium
- Year built
- 2026
- Bathrooms
- 3 full, 1 half
- Living area
- 3,395 sqft
- Lot size
- 1.5 acres
- Water view
- Yes
- Private pool
- Yes
- Exposure
- West
- Furnished
- Unfurnished
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $208,505/yr
- Monthly fees
- $4,134/mo
- Listed
- Dec 12, 2025
- MLS #
- A4675113
Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 65 S PALM AVE #1205. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$59,646
$32,741 of that is principal & interest. 45% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $32,741
- Property taxes
- $17,375
- Homeowners insurance
- $5,396
- Flood insurance
- $0
- HOA / condo fees
- $4,134
- Mortgage insurance (PMI)
- $0
- Total per month
- $59,646
Over the life of the loan
- Loan amount
- $5,180,000
- Down payment
- $1,295,000
- Total interest
- $6,606,805
- Principal + interest paid
- $11,786,805
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
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65 S Palm Ave #1205, Sarasota, FL 34236
Listing courtesy of COLDWELL BANKER REALTY · MLS# A4675113 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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