$3,695,000
Active340 S Palm Ave #101, Sarasota, FL 34236
3 beds · 4 baths · 3,636 sq ft
Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4705841
Listed today
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
Virtually Staged. Exceptional scale and unobstructed Bay and Gulf views with southwest exposure, define this three-bedroom, four-bath home on the 10th floor of Sarabande’s south building. A double-door entry opens to a gracious foyer and beautifully proportioned interiors that live more like a sophisticated single-family home than a traditional condominium. Beyond the foyer, an expansive great room is framed by walls of glass showcasing sweeping waterfront vistas, while two terraces invite Bay breezes and spectacular sunsets. The well-appointed kitchen features Sub-Zero refrigeration, an induction cooktop, granite countertops, an oversized island and wood cabinetry, all complemented by magnificent water views. The kitchen flows seamlessly into a casual dining area and separate family room with floor-to-ceiling windows and direct terrace access. The primary suite is a private retreat with the rare luxury of separate his-and-her bathrooms and three generous walk-in closets. A dedicated study completes the thoughtfully designed floor plan. The unit conveys with 2 assigned parking spaces as well as a storage unit. Sarabande complements its premier location with an impressive collection of lifestyle and wellness amenities, further elevated by recent refinements including new elevators, a freshly painted exterior, and a thoughtfully updated lobby and common areas. Residents enjoy two pools, including a dedicated lap pool, a spa and steam room, a state of the art fitness center with a private space for personal massage services, and an outdoor grilling area for relaxed poolside enjoyment. A club room provides an inviting setting for social events, in addition to a board/conference room and two guest suites. Ideally positioned on coveted Palm Avenue, Sarabande is one of downtown Sarasota’s most established luxury addresses, distinguished by its substantial floor plans, waterfront setting and proximity to the city’s finest offerings. The Bayfront, Marina Jack, Main Street, acclaimed restaurants, galleries, theaters and boutiques are all just moments away, placing the very best of Sarasota just outside your door.
Facts
- Property type
- Condominium
- Year built
- 1998
- Living area
- 3,636 sqft
- Water view
- Yes
- Private pool
- No
- Exposure
- West
- Furnished
- Unfurnished
- Flood zone
- AE, X
- CDD
- No
- 55+ community
- No
- Annual taxes
- $21,875/yr
- Monthly fees
- $4,022/mo
- Listed
- Sep 9, 2026
- MLS #
- A4705841
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 340 S PALM AVE #101. 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
$27,608
$18,684 of that is principal & interest. 32% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $18,684
- Property taxes
- $1,823
- Homeowners insurance
- $3,079
- Flood insurance
- $0
- HOA / condo fees
- $4,022
- Mortgage insurance (PMI)
- $0
- Total per month
- $27,608
Over the life of the loan
- Loan amount
- $2,956,000
- Down payment
- $739,000
- Total interest
- $3,770,215
- Principal + interest paid
- $6,726,215
- 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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340 S Palm Ave #101, Sarasota, FL 34236
Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4705841 · 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.



