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  5. 500 S Washington Dr
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500 S Washington Dr

500 S Washington Dr, Sarasota, FL, 34236

YEAR BUILT

1963

# STORIES

2

# TOTAL UNITS

28

UNIT SIZE RANGE

770-1,035 sqft

Description

500 S Washington Dr sits in Sarasota, close to the intersection of N Tamiami Trail and Indian Beach Drive. This building lies just one block from Lido Key Beach, providing easy access to sun and sand. The site features a coastal living aesthetic and is behind St. Armands Circle, adding local charm. Construction finished in 1963, and the structure stands 2 stories tall. Inside, there are 28 condominium units. Sizes range from 770 to 1,035 square feet. The building includes both 1 and 2-bedroom options. Units are rarely available, making it a prime spot for investors interested in short-term rentals. Prices for units range from $660,000 to $720,000, with the average closed price over the past year at $516,750. The lowest sold price in the last year was around $495,000. The average price per square foot for sold listings is $672. Units typically spend about 99 days on the market. Residents enjoy various amenities like sidewalks, a pool, and recreation facilities. Other perks include access to a spa, laundry services, and elevators. Community services provide maintenance while vehicle restrictions ensure a peaceful living environment. Proximity to downtown Sarasota enhances the living experience. Dining options nearby include Decor De France Inc and Surf Shack Coastal Kitchen. Tango's Steak House offers another option for meals out. Shops and entertainment options abound, making daily needs easily met. The building combines a lovely location with plenty of amenities for a relaxed lifestyle.

Building ImageMLS ID #T3465109
Building ImageMLS ID #T3465109
Building Image
Building ImageView Listing

500 S Washington Dr

500 S Washington Dr, Sarasota, FL, 34236

YEAR BUILT

1963

# STORIES

2

# TOTAL UNITS

28

UNIT SIZE RANGE

770-1,035 sqft

Description

500 S Washington Dr sits in Sarasota, close to the intersection of N Tamiami Trail and Indian Beach Drive. This building lies just one block from Lido Key Beach, providing easy access to sun and sand. The site features a coastal living aesthetic and is behind St. Armands Circle, adding local charm. Construction finished in 1963, and the structure stands 2 stories tall. Inside, there are 28 condominium units. Sizes range from 770 to 1,035 square feet. The building includes both 1 and 2-bedroom options. Units are rarely available, making it a prime spot for investors interested in short-term rentals. Prices for units range from $660,000 to $720,000, with the average closed price over the past year at $516,750. The lowest sold price in the last year was around $495,000. The average price per square foot for sold listings is $672. Units typically spend about 99 days on the market. Residents enjoy various amenities like sidewalks, a pool, and recreation facilities. Other perks include access to a spa, laundry services, and elevators. Community services provide maintenance while vehicle restrictions ensure a peaceful living environment. Proximity to downtown Sarasota enhances the living experience. Dining options nearby include Decor De France Inc and Surf Shack Coastal Kitchen. Tango's Steak House offers another option for meals out. Shops and entertainment options abound, making daily needs easily met. The building combines a lovely location with plenty of amenities for a relaxed lifestyle.

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Description

500 S Washington Dr sits in Sarasota, close to the intersection of N Tamiami Trail and Indian Beach Drive. This building lies just one block from Lido Key Beach, providing easy access to sun and sand. The site features a coastal living aesthetic and is behind St. Armands Circle, adding local charm. Construction finished in 1963, and the structure stands 2 stories tall. Inside, there are 28 condominium units. Sizes range from 770 to 1,035 square feet. The building includes both 1 and 2-bedroom options. Units are rarely available, making it a prime spot for investors interested in short-term rentals. Prices for units range from $660,000 to $720,000, with the average closed price over the past year at $516,750. The lowest sold price in the last year was around $495,000. The average price per square foot for sold listings is $672. Units typically spend about 99 days on the market. Residents enjoy various amenities like sidewalks, a pool, and recreation facilities. Other perks include access to a spa, laundry services, and elevators. Community services provide maintenance while vehicle restrictions ensure a peaceful living environment. Proximity to downtown Sarasota enhances the living experience. Dining options nearby include Decor De France Inc and Surf Shack Coastal Kitchen. Tango's Steak House offers another option for meals out. Shops and entertainment options abound, making daily needs easily met. The building combines a lovely location with plenty of amenities for a relaxed lifestyle.

500 S Washington Dr Key Stats Last 12 months

Avg. Listed Price$519,950($676/Sqft.)

Avg. Sale Price$516,750($672/Sqft.)
Year over year list priceDown Arrow12.24%

Year over year sale priceDown Arrow 10.36%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market99 days

Average HOA fees per sqft-
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Key Stats

Year over year list priceDown Arrow12.24%

Year over year sale priceDown Arrow10.36%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market99 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.

For Sale 0 For Sale

500 S Washington Dr Sold Listings

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 19B19B77011552026-05-12
MLS#: A4686209
Closed$538,500
Unit 25B25B770111422026-04-17
MLS#: A4673359
Closed$495,000
Unit 21B21B83111562024-12-12
MLS#: A4626059
Closed$500,000
Unit 10B10B103422272024-08-21
MLS#: A4616788
Closed$653,000
Unit 10B
10B

2 Beds

2 Baths

1034 sqft


DateStatusPrice
2024-08-21Closed$653,000
MLS#: A4616788
Days On Market27
Unit 19B
19B

1 Beds

1 Baths

770 sqft


DateStatusPrice
2026-05-12Closed$538,500
MLS#: A4686209
Days On Market55
Unit 21B
21B

1 Beds

1 Baths

831 sqft


DateStatusPrice
2024-12-12Closed$500,000
MLS#: A4626059
Days On Market56
Unit 25B
25B

1 Beds

1 Baths

770 sqft


DateStatusPrice
2026-04-17Closed$495,000
MLS#: A4673359
Days On Market142
View Complete Unit Listing HistorySource By: Stellar MLS

Amenities

This condo building offers many amenities to make your life comfortable and enjoyable. You will find beautiful sidewalks for leisurely strolls and inviting parks nearby for outdoor fun. There are also quality restaurant options just a step away. For relaxation, enjoy the spa or hot tub, or take a refreshing dip in the pool. Elevators make it easy to access various floors, while community mailboxes keep your correspondence secure. If you require laundry facilities, you will find them on-site. Staying connected is simple with cable TV access. The building is designed with your convenience in mind.

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Amenities Description

This condo building offers many amenities to make your life comfortable and enjoyable. You will find beautiful sidewalks for leisurely strolls and inviting parks nearby for outdoor fun. There are also quality restaurant options just a step away. For relaxation, enjoy the spa or hot tub, or take a refreshing dip in the pool. Elevators make it easy to access various floors, while community mailboxes keep your correspondence secure. If you require laundry facilities, you will find them on-site. Staying connected is simple with cable TV access. The building is designed with your convenience in mind.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Pool

Pool

Fire Alarm

Fire Alarm

Laundry

Laundry

Spa/Hot Tub

Spa/Hot Tub

Storage

Storage

Balcony

Balcony

Smoke Detector(s)

Smoke Detector(s)

Policies

Living in this condo comes with certain policies to consider. The building aims to create a friendly and well-organized environment for all residents. There is a limit on the number of occupants allowed in each unit. Interested buyers should note that pets are welcome, but there are specific size restrictions for furry companions. Overall, the policies ensure a comfortable and harmonious living experience for everyone in the community.

Next

Amenities Description

Living in this condo comes with certain policies to consider. The building aims to create a friendly and well-organized environment for all residents. There is a limit on the number of occupants allowed in each unit. Interested buyers should note that pets are welcome, but there are specific size restrictions for furry companions. Overall, the policies ensure a comfortable and harmonious living experience for everyone in the community.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental 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 NameAvg price per square footAVG HOA FEE per square foot (Monthly)
500 S Washington Dr$672/sqft.-

Nearby Schools

No Schools Data Available

Transit

HIGEL AVE @ LITTLE POND LN

1.93 miles away|38 min walk

HIGEL AVE @ N SHELL RD

1.74 miles away|34 min walk

HIGEL AVE @ N SHELL RD FS

1.82 miles away|35 min walk

HIGEL AVE @ ROBERTS POINT RD

1.75 miles away|34 min walk

SIESTA DR @ FLAMINGO AVE

1.79 miles away|35 min walk

SIESTA DR @ FLAMINGO DR

1.79 miles away|35 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

HIGEL AVE @ LITTLE POND LN

1.93 miles away|38 min walk

HIGEL AVE @ N SHELL RD

1.74 miles away|34 min walk

HIGEL AVE @ N SHELL RD FS

1.82 miles away|35 min walk

HIGEL AVE @ ROBERTS POINT RD

1.75 miles away|34 min walk

SIESTA DR @ FLAMINGO AVE

1.79 miles away|35 min walk

SIESTA DR @ FLAMINGO DR

1.79 miles away|35 min walk

SIESTA DR @ LA PALOMA AVE

1.67 miles away|33 min walk

SIESTA DR @ SEAGRAPE DR

1.89 miles away|37 min walk

SIESTA DR @ WHITE LN

1.71 miles away|33 min walk

The Neighbourhood: St. Armands

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500 S Washington Dr Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 6.4% are children aged 0–14, 0.19% are young adults between 15–29, 2.29% are adults aged 30–44, 11.95% are in the 45–59 range and 79.17% are seniors aged 60 and above. Commuting options are also varying where 73.31% of residents relying on driving, while others prefer public transit around 1.76%, walking around 1.46%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 73.24% of units owner occupied and 26.76% are rented. The neighborhood offers different household types. About 6.07% are single family homes and 0.06% are multi family units. Around 41.07% are single-person households, while 58.93% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 20.31% of residents have bachelor’s degrees. Around 15.33% have high school or college education. Another 0.55% hold diplomas while 49.87% have completed postgraduate studies. The remaining are 13.95% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 6.4% are children aged 0–14, 0.19% are young adults between 15–29, 2.29% are adults aged 30–44, 11.95% are in the 45–59 range and 79.17% are seniors aged 60 and above. Commuting options are also varying where 73.31% of residents relying on driving, while others prefer public transit around 1.76%, walking around 1.46%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 73.24% of units owner occupied and 26.76% are rented. The neighborhood offers different household types. About 6.07% are single family homes and 0.06% are multi family units. Around 41.07% are single-person households, while 58.93% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 20.31% of residents have bachelor’s degrees. Around 15.33% have high school or college education. Another 0.55% hold diplomas while 49.87% have completed postgraduate studies. The remaining are 13.95% with other types of qualifications.

Age Demographics

6.4% (0 - 14 years old)

0.19% (15 - 29 years old)

2.29% (30 - 44 years old)

11.95% (45 - 59 years old)

79.17% (60+ years old)

Commute

1.76%

Transit

1.46%

Walk

73.31%

Drive

0%

Bike

Housing Ownership

73.24%

Owner Occupied

26.76%

Rental Units

Household Types

6.07%

Single Family

0.06%

Multi Family

41.07%

Single Person

58.93%

Multi Person

Education

Bachelors Degree20.31%
High School College15.33%
Diploma0.55%
Post Graduate49.87%
Others13.95%
Next

Education

Diploma0.55%
Post Graduate49.87%
Others13.95%
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  2. /Sarasota, FL
  3. /
    500 S Washington Dr
Nearby Cities
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Neighborhoods
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ZIP Codes
342013420234203
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