340 S Palm Ave stands in downtown Sarasota, at the corner of Palm Avenue and Bahia Vista Street. This luxurious bayfront condominium offers breathtaking, panoramic water views of Sarasota Bay. The building sits directly across from the bayfront and marina, providing a scenic environment.
Built in 1998, this 19-story high-rise contains 34 well-designed units. Sizes range from 1,774 to 5,751 square feet, providing plenty of space for different needs. Units include options with 2, 3, 4, and 5 bedrooms. Prices for the units range from $3,600,000 to $4,000,000, with recent sales showing average prices of $2,075,000.
Amenities enhance the living experience here. The building has shared resort-like amenities, including a pool, fitness center, clubhouse, and spa/hot tub. Residents can enjoy sidewalks, recreation facilities, and streetlights around the building. Private elevator access to residences adds an extra level of luxury.
Nearby, dining options include Owen's Fish Camp and Burns Court Cafe. The area promotes an active lifestyle with access to recreation. Residents can enjoy the outdoors at local parks or take strolls along the scenic waterfront promenade.
Units in this building have averaged 179 days on market recently. The average price per square foot based on recent sales is $824. The strong potential for attractive views and an upscale lifestyle supports the investment value of this property on Palm Avenue. The building stands as a hallmark of high-end design in a vibrant community.
340 S Palm Ave stands in downtown Sarasota, at the corner of Palm Avenue and Bahia Vista Street. This luxurious bayfront condominium offers breathtaking, panoramic water views of Sarasota Bay. The building sits directly across from the bayfront and marina, providing a scenic environment.
Built in 1998, this 19-story high-rise contains 34 well-designed units. Sizes range from 1,774 to 5,751 square feet, providing plenty of space for different needs. Units include options with 2, 3, 4, and 5 bedrooms. Prices for the units range from $3,600,000 to $4,000,000, with recent sales showing average prices of $2,075,000.
Amenities enhance the living experience here. The building has shared resort-like amenities, including a pool, fitness center, clubhouse, and spa/hot tub. Residents can enjoy sidewalks, recreation facilities, and streetlights around the building. Private elevator access to residences adds an extra level of luxury.
Nearby, dining options include Owen's Fish Camp and Burns Court Cafe. The area promotes an active lifestyle with access to recreation. Residents can enjoy the outdoors at local parks or take strolls along the scenic waterfront promenade.
Units in this building have averaged 179 days on market recently. The average price per square foot based on recent sales is $824. The strong potential for attractive views and an upscale lifestyle supports the investment value of this property on Palm Avenue. The building stands as a hallmark of high-end design in a vibrant community.
Description
340 S Palm Ave stands in downtown Sarasota, at the corner of Palm Avenue and Bahia Vista Street. This luxurious bayfront condominium offers breathtaking, panoramic water views of Sarasota Bay. The building sits directly across from the bayfront and marina, providing a scenic environment.
Built in 1998, this 19-story high-rise contains 34 well-designed units. Sizes range from 1,774 to 5,751 square feet, providing plenty of space for different needs. Units include options with 2, 3, 4, and 5 bedrooms. Prices for the units range from $3,600,000 to $4,000,000, with recent sales showing average prices of $2,075,000.
Amenities enhance the living experience here. The building has shared resort-like amenities, including a pool, fitness center, clubhouse, and spa/hot tub. Residents can enjoy sidewalks, recreation facilities, and streetlights around the building. Private elevator access to residences adds an extra level of luxury.
Nearby, dining options include Owen's Fish Camp and Burns Court Cafe. The area promotes an active lifestyle with access to recreation. Residents can enjoy the outdoors at local parks or take strolls along the scenic waterfront promenade.
Units in this building have averaged 179 days on market recently. The average price per square foot based on recent sales is $824. The strong potential for attractive views and an upscale lifestyle supports the investment value of this property on Palm Avenue. The building stands as a hallmark of high-end design in a vibrant community.
340 S Palm Ave Key Stats Last 12 months
Avg. Listed Price$1,399,334($781/Sqft.)
Avg. Sale Price$1,308,334($683/Sqft.)
Year over year list price38.75%
Year over year sale price50.26%
Total Listings3 Listed
Total sold3 Sold
Average Days on Market208 days
Average HOA fees per sqft-
Key Stats
Year over year list price38.75%
Year over year sale price50.26%
Total Listings3 Listed
Total sold3 Sold
Average Days on Market208 days
Average HOA fees per sqft-
Glen Gardens Estate Availability & Demand
Unit Availability
-
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
-
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
This condo building offers several amazing amenities. You can stroll along the sidewalks or enjoy the nearby parks. For those who love to stay active, the fitness center and recreational facilities are perfect. Spend your weekends relaxing in the clubhouse or take a dip in the pool. After your workout, unwind in the hot tub or sauna. The community mailbox makes receiving your mail convenient. If you need easy access, the elevators are a great feature. The property even offers water access, making it easy to enjoy the outdoors. With street lights illuminating the paths, you can take evening walks safely. The building also takes care of maintenance so you can focus on enjoying life.
Amenities Description
This condo building offers several amazing amenities. You can stroll along the sidewalks or enjoy the nearby parks. For those who love to stay active, the fitness center and recreational facilities are perfect. Spend your weekends relaxing in the clubhouse or take a dip in the pool. After your workout, unwind in the hot tub or sauna. The community mailbox makes receiving your mail convenient. If you need easy access, the elevators are a great feature. The property even offers water access, making it easy to enjoy the outdoors. With street lights illuminating the paths, you can take evening walks safely. The building also takes care of maintenance so you can focus on enjoying life.
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
Visitors Parking
Amenities
Elevator(s)
Fitness Center
Pool
Security
Fire Alarm
Security System
Spa/Hot Tub
Sauna
Clubhouse
Storage
Balcony
Smoke Detector(s)
Policies
Living here comes with a few friendly policies. You should be aware of the number limits for occupants in each condo. Both cats and dogs are welcome, making it a pet-friendly environment. However, be mindful of the size limits for your furry friends. Each unit requires a lobby key for secure access. This policy helps keep the community safe and private. If you plan to make this building your home, keeping these simple policies in mind will help you enjoy your new lifestyle fully.
Amenities Description
Living here comes with a few friendly policies. You should be aware of the number limits for occupants in each condo. Both cats and dogs are welcome, making it a pet-friendly environment. However, be mindful of the size limits for your furry friends. Each unit requires a lobby key for secure access. This policy helps keep the community safe and private. If you plan to make this building your home, keeping these simple policies in mind will help you enjoy your new lifestyle fully.
Pet Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
Building Name
Avg price per square foot
AVG HOA FEE per square foot (Monthly)
340 S Palm Ave
$683/sqft.
-
Nearby Schools
Sarasota School of Arts/Sciences
B+
Public|Grades 6–8
717 Central Ave|0.68 miles away
Sarasota Military Academy
C-
Public|Grades 6–12
801 N Orange Ave|0.79 miles away
Sarasota High School
C
Public|Grades 9–12
2155 Bahia Vista S...|1.1 miles away
Agape Christian School of Sarasota
--
Private|Grades KG–12
150 N Shade Ave|1.31 miles away
Children First
--
Public|Grades PK–PK
1723 N Orange Ave|1.39 miles away
Alta Vista Elementary School
B-
Public|Grades PK–5
1050 S Euclid Ave|1.48 miles away
Schools
What to know about schools
Description
Sarasota School of Arts/Sciences
B+
Public|Grades 6–8
717 Central Ave|Less than 1 Mile Away
Sarasota Military Academy
C-
Public|Grades 6–12
801 N Orange Ave|Less than 1 Mile Away
Sarasota High School
C
Public|Grades 9–12
2155 Bahia Vista S...|1.10 Miles Away
Agape Christian School of Sarasota
--
Private|Grades KG–12
150 N Shade Ave|1.31 Miles Away
Children First
--
Public|Grades PK–PK
1723 N Orange Ave|1.39 Miles Away
Alta Vista Elementary School
B-
Public|Grades PK–5
1050 S Euclid Ave|1.48 Miles Away
Hershorin Schiff Day Schools of Tomorrow Inc Dba C
This neighborhood indicates a good mix of people which makes it a good place for families. About 5.88% are children aged 0–14, 12.46% are young adults between 15–29, 16.55% are adults aged 30–44, 16.77% are in the 45–59 range and 48.34% are seniors aged 60 and above.
Commuting options are also varying where 71.6% of residents relying on driving, while others prefer public transit around 3.56%, walking around 3.62%, biking around 0.37%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 52.62% of units are rented and 47.38% are owner occupied.
The neighborhood offers different household types. About 6.11% are single family homes and 0.91% are multi family units. Around 54.75% are single-person households, while 45.25% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 27.53% of residents have bachelor’s degrees. Around 15.48% have high school or college education. Another 9.22% hold diplomas while 24.1% have completed postgraduate studies. The remaining are 23.68% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 5.88% are children aged 0–14, 12.46% are young adults between 15–29, 16.55% are adults aged 30–44, 16.77% are in the 45–59 range and 48.34% are seniors aged 60 and above.
Commuting options are also varying where 71.6% of residents relying on driving, while others prefer public transit around 3.56%, walking around 3.62%, biking around 0.37%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 52.62% of units are rented and 47.38% are owner occupied.
The neighborhood offers different household types. About 6.11% are single family homes and 0.91% are multi family units. Around 54.75% are single-person households, while 45.25% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 27.53% of residents have bachelor’s degrees. Around 15.48% have high school or college education. Another 9.22% hold diplomas while 24.1% have completed postgraduate studies. The remaining are 23.68% with other types of qualifications.
Age Demographics
5.88%(0 - 14 years old)
12.46%(15 - 29 years old)
16.55%(30 - 44 years old)
16.77%(45 - 59 years old)
48.34%(60+ years old)
Commute
3.56%
Transit
3.62%
Walk
71.6%
Drive
0.37%
Bike
Housing Ownership
47.38%
Owner Occupied
52.62%
Rental Units
Household Types
6.11%
Single Family
0.91%
Multi Family
54.75%
Single Person
45.25%
Multi Person
Education
Bachelors Degree27.53%
High School College15.48%
Diploma9.22%
Post Graduate24.1%
Others23.68%
Education
Diploma9.22%
Post Graduate24.1%
Others23.68%
Get the HelloCondo Newsletter
Real-estate tips, insights, and market reports in your inbox.
HelloCondo Is The #1 Condo Search Platform And Real Estate Recommendation Engine. Search, Find And Buy The Perfect Condo And Get Matched With The Best Agents. Finding A Condo Has Never Been So Easy.
