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$1,175,000

340 S PALM AVE #14
SARASOTA, FL 34236
Listed by Lisa Otte · DOUGLAS ELLIMAN
Bedrooms
2
Bathrooms
2
Living area
1,774 sqft
Year built
1998

About this home

Set along the gallery-lined South Palm Avenue, Residence #14 at Sarabande offers quiet, private living in one of downtown Sarasota’s most coveted settings. Art galleries, boutiques, acclaimed restaurants and Whole Foods Market are just moments away, while the residence feels peacefully removed from the pace of downtown. A semi-private entrance, shared with only one other residence, adds another layer of privacy. SPANNING approximately 1,774 square feet, this two-bedroom, two-bath residence with a den features a thoughtfully designed split floor plan that balances privacy and versatility. The guest suite is positioned discreetly near the entry, creating a secluded retreat for visitors. A built-in Murphy bed allows the den to transition effortlessly from an office into additional sleeping accommodations. THE spacious, open kitchen flows into a bright great room framed by lush palms, bringing a sense of calm to everyday living and entertaining. Situated on one of the lowest residential levels, the beautifully appointed condo offers an inviting connection to the surrounding greenery, with peek-a-boo views of Sarasota Bay through the swaying palms. Step onto the private terrace for morning coffee or an alfresco dinner in this tranquil setting. ADDITIONAL conveniences include a dedicated laundry room with a sink and stackable washer and dryer, a private storage unit, and one secured parking space pre-wired for an EV charger. Ample guest parking makes welcoming friends and family easy. SARABANDE has recently refreshed its lobby, repainted its exterior and upgraded its elevators, enhancing the building’s welcoming arrival experience. Residents enjoy two pools, including a dedicated lap pool; a spa and steam room; a fitness center with a private massage room; a club room; a conference room; and a poolside grilling area. Two recently renovated guest suites provide friends and family a comfortable retreat with a resort-style feel, adding exceptional convenience when hosting visitors. FOR those seeking a refined downtown lifestyle with privacy, greenery and effortless access to Sarasota’s cultural and culinary offerings, Residence #14 brings location, comfort and convenience together beautifully. SCHEDULE your private showing today.

Property details

MLS
Stellar MLS
MLS #
MFRA4690211
Property type
Condominium
Subdivision
SARABANDE
Status
Active
Days on market
164
On market date
April 23, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
1
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
SUNCOAST SCHOOL FOR INNOVATIVE STUDIES
1.06 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
144
Student:teacher ratio
10.3:1
District
SARASOTA
MiddleCharter
SARASOTA SCHOOL OF ARTS/SCIENCES
0.67 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
752
Student:teacher ratio
18.8:1
District
SARASOTA
HighCharter
SARASOTA MILITARY ACADEMY
0.79 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,251
Student:teacher ratio
13.9:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

96
Highly walkable
out of 100
EPA National Walkability Index
19.2 / 20 -- Most walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores5
Parks20
Schools17
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 164 days -- 5 fewer days than SARASOTA's current average of 169 days.
For reference, the median list price across 4,689 active listings in SARASOTA right now is $364,521.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,226/mo
$235,000 down
$940,000 loan
Principal & interest$6,097
Property tax (est.)$979
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 19 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.