For sale Condo

Listed Sep 9, 2026

$3,695,000 Est. $24,439/mo

340 South Palm Avenue #101

  • 3

    Beds

  • 4

    Baths

  • 3,636

    Sq ft

The story

  • Pool

Unit #101 at 340 South Palm Avenue is a 3-bedroom, 4-bathroom condo in Sarasota, FL with 3,636 sq ft of living space and 2 garage spaces, built in 1998. It is currently listed at $3,695,000. Highlights include water and city views and a pool.

Virtually Staged. Exceptional scale and unobstructed Bay and Gulf views with southwest exposure, define this three-bedroom, four-bath home on the 10th floor of Sarabande’s south building. A double-door entry opens to a gracious foyer and beautifully proportioned interiors that live more like a sophisticated single-family home than a traditional condominium. Beyond the foyer, an expansive great room is framed by walls of glass showcasing sweeping waterfront vistas, while two terraces invite Bay breezes and spectacular sunsets. The well-appointed kitchen features Sub-Zero refrigeration, an induction cooktop, granite countertops, an oversized island and wood cabinetry, all complemented by magnificent water views. The kitchen flows seamlessly into a casual dining area and separate family room with floor-to-ceiling windows and direct terrace access. The primary suite is a private retreat with the rare luxury of separate his-and-her bathrooms and three generous walk-in closets. A dedicated study completes the thoughtfully designed floor plan. The unit conveys with 2 assigned parking spaces as well as a storage unit. Sarabande complements its premier location with an impressive collection of lifestyle and wellness amenities, further elevated by recent refinements including new elevators, a freshly painted exterior, and a thoughtfully updated lobby and common areas. Residents enjoy two pools, including a dedicated lap pool, a spa and steam room, a state of the art fitness center with a private space for personal massage services, and an outdoor grilling area for relaxed poolside enjoyment. A club room provides an inviting setting for social events, in addition to a board/conference room and two guest suites. Ideally positioned on coveted Palm Avenue, Sarabande is one of downtown Sarasota’s most established luxury addresses, distinguished by its substantial floor plans, waterfront setting and proximity to the city’s finest offerings. The Bayfront, Marina Jack, Main Street, acclaimed restaurants, galleries, theaters and boutiques are all just moments away, placing the very best of Sarasota just outside your door.

Facts & features

Home type

Condo

Year built

1998

Floors

18

Price per sq ft

$1,016

Parking

2-car garage

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Central, Electric

  • Appliances

    Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Water Softener

  • Flooring

    Brick, Carpet, Ceramic Tile

  • Roof

    Membrane

  • Lot Information

    City Limits

  • Exterior

    Balcony, Lighting

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water, City

Mortgage calculator

Estimated monthly payment

$24,439 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $19,666
  • Property tax $3,695
  • Insurance $1,078

Includes principal, interest, taxes & insurance.

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Listing Broker

MICHAEL SAUNDERS & COMPANY

Broker Name

MICHAEL SAUNDERS & COMPANY

Agent

Bibi-Ann Allard, PA