Skip to main content
Lasbury Tracy Realty Inc
← Back to search

$2,900,000

Active

770 S Palm Ave #PH-1, Sarasota, FL 34236

2 beds · 2 baths · 1,597 sq ft

Listing courtesy of COMPASS FLORIDA LLC · MLS# A4710737

Listed today

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

**Unparalleled 270° Wraparound Views — Superior to Costlier New Construction** Look no further. This is the definitive corner penthouse in downtown Sarasota, delivering unobstructed wraparound views that simply outperform the pricier new-construction condominiums currently on the market. From this rare elevated perch you command a true 270-degree panorama: Longboat Key, the John Ringling Causeway, Sarasota Bay, Siesta Key, and the glittering downtown skyline stretching all the way to Venice. No other residence at any price offers this continuous, unblocked spectacle. Wake each morning in the exquisitely appointed primary suite, where floor-to-ceiling glass frames the sunrise and custom built-ins provide refined storage. The spa-inspired primary bath continues the luxury with mother-of-pearl accent tile, a Kohler VibrAcoustic soaking tub, an Italian vanity, built-in mirrored storage, and generous closet systems. The heart of the home is a showpiece Cucine Ricci custom kitchen finished with Miele appliances, an integrated coffee station and wine cooler, abundant storage, and a motorized pop-up television that rises from the island on a swivel. Floating Carrara marble floors flow throughout, creating an atmosphere of effortless elegance. Embassy House itself elevates daily living with 24-hour concierge service, a newly renovated lobby and recreation area, a bay-view fitness center, a conference room with kitchenette, and a recently refurbished heated pool. Your private garage parking space includes owner storage beneath the building. Positioned on “Marina Row” along Palm Avenue, you step outside into Sarasota’s best restaurants, shops, the marina, and cultural attractions. Evenings end on the expansive wraparound covered balcony—glass of wine in hand—watching the sun set over water and sky that newer, more expensive towers can only envy from obstructed angles. This is not merely a residence. It is a singular lifestyle opportunity: superior views, superior finishes, and a location that cannot be replicated—at a value that surpasses far costlier new construction. One-of-a-kind. Ready for immediate enjoyment.

Facts

Property type
Condominium
Year built
1975
Living area
1,597 sqft
Lot size
1.44 acres
Water access
Bay/Harbor, Marina
Water view
Yes
Private pool
No
Exposure
East
Furnished
Unfurnished
Flood zone
VE
CDD
No
55+ community
No
Annual taxes
$21,384/yr
Monthly fees
$1,053/mo
Listed
Oct 22, 2026
MLS #
A4710737

Virtual tour

Tours are hosted by the seller’s chosen provider, not by Lasbury-Tracy Realty. Opening one loads content from that company and shares your IP address with them.

Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting figures for 770 S PALM AVE #PH-1. 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

$19,916

$14,664 of that is principal & interest. 26% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$14,664
Property taxes
$1,782
Homeowners insurance
$2,417
Flood insurance
$0
HOA / condo fees
$1,053
Mortgage insurance (PMI)
$0
Total per month
$19,916

Over the life of the loan

Loan amount
$2,320,000
Down payment
$580,000
Total interest
$2,959,032
Principal + interest paid
$5,279,032
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

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

770 S Palm Ave #PH-1, Sarasota, FL 34236

Listing courtesy of COMPASS FLORIDA LLC · MLS# A4710737 · Active

How would you like to see it?
Which day?
What time of day?

In person · Wed, Oct 28 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

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.

Want an email when homes like this list?

New Sarasota listings with at least 2 bedrooms up to $3,625,000. Free, and you can stop any time.

Similar homes

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 27, 2026, 6:14 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]