$2,999,900

500 S PALM AVENUE 92, Sarasota, FL 34236

  • 3 beds |
  • 4 baths |
  • 3,315 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2000
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $905/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

One or more photo(s) has been virtually staged. Unobstructed water views take center stage in this rarely available residence at Tessera, ideally positioned on esteemed Palm Avenue. Offering breathtaking vistas of Sarasota Bay and the Gulf of Mexico, this exceptional condo presents a unique opportunity for its next owner to thoughtfully customize a truly special waterfront home. Tessera is prized for its quiet, serene setting while remaining effortlessly connected to the energy of downtown Sarasota. With only 24 private residences in the building and two residences on Level 9, the building delivers an elevated sense of privacy that discerning buyers value. The arrival is nothing short of impressive, featuring paneled solid wood doors that open to a gracious foyer with an immediate, unobstructed view of the water beyond. The thoughtfully designed split floor plan with 3,315 sq ft of interior space includes a private office near the entry, two en-suite guest bedrooms on one wing, and an expansive primary suite on the opposite side. The primary retreat is exceptional in scale, offering sweeping water views, two oversized closets rarely found in newer construction, an additional closet within one of the two primary bathrooms, and direct access to the terrace creating an inviting way to begin each morning. The Great Room is wrapped in floor-to-ceiling glass, capturing Sarasota’s ever-changing coastal beauty. A generous wraparound terrace extends from the Great Room to the kitchen, creating the perfect backdrop for sunsets, watching yachts glide through the marina, and admiring the iconic John Ringling Causeway leading to Longboat Key, St. Armands, and Lido Key. Completing this offering are two private single-car garages—an exceptional rarity in downtown condominium living. Amenities include a recently update fitness center and an outdoor pool that is perfect for swimming laps. Relax in the spa located near the pool in this private and serene setting. This is a remarkable chance to transform a coveted Tessera residence into a refined waterfront showpiece while enjoying Sarasota’s vibrant arts scene, boating lifestyle, pristine beaches, and an array of celebrated dining destinations just moments from your door.

Listing Status:
Active
Date Added:
January 22, 2026
Data Last Updated:
February 10, 2026 at 8:24PM
Listing Office:
DOUGLAS ELLIMAN : 941-867-6199
Listing Agent:
Lisa Otte : 941-281-5472
MLS ID:
A4676977
  • General: Ceiling Fans(s)
  • Appliances: Built-In OvenCooktopDishwasherRefrigerator
  • Laundry: InsideLaundry Room
  • Flooring: CarpetTileWood
  • A/C: Central Air
  • Heating: Central
  • General: BalconySliding DoorsStorage
  • Other Structures: Wrap AroundPatio
  • Parking: DeededGarage Door OpenerGuestBasement
  • Roofing: Concrete
  • General: BlockStuccoOneSlabStilt/On Piling
  • Road/Access: Paved
  • HOA Amenities: Cable TVPoolEscrow Reserves FundMaintenance StructureMaintenance GroundsManagementPest ControlRecreational FacilitiesSecuritySewerTrashWater
  • Originating MLS: Stellar MLS
  • County: Sarasota
  • Zoning: DTBUNIT 92 TESSERA2027145018
  • View: CityWater
  • Utilities: Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Condominium

This listing courtesy of Lisa Otte , DOUGLAS ELLIMAN

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Alta Vista Elementary School

1050 S Euclid Ave, Sarasota, FL, 34237

Grades PK-5

1.40 miles away

S

Sarasota School of Arts/Sciences

717 Central Ave, Sarasota, FL, 34236

Grades 6-8

0.78 miles away

S

Sarasota Military Academy

801 N Orange Ave, Sarasota, FL, 34236

Grades 6-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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