For sale Condo

Listed Oct 21, 2026

$2,895,000 Est. $19,148/mo

500 South Palm Avenue #32

  • 3

    Beds

  • 5

    Baths

  • 3,315

    Sq ft

The story

  • Pool

Virtually Staged. Water views take center stage in this rarely available residence at Tessera, ideally positioned on Renowned Palm Avenue in the heart of downtown Sarasota. Offering 3,315 square feet of refined living space, this exceptional condominium combines Sarasota Bay views, remarkable privacy, and an enviable downtown location. Tessera is prized for its quiet, serene setting while remaining effortlessly connected to the energy of downtown. With just 24 private residences and only two residences on this floor, the building offers an elevated sense of privacy with no shared common walls. The thoughtfully designed split-bedroom floor plan features a private office near the gallery entry, Three en-suite bedrooms, including an expansive primary retreat. The spacious primary suite showcases water views and direct access to the terrace with an oversized walk-in closet, and a additional walk-in closet within one of the 2 primary baths. The Great Room is wrapped in floor-to-ceiling glass, capturing Sarasota's ever-changing coastal beauty and creating an effortless connection to the spectacular bay view wraparound terrace. Extending from the Great Room to the kitchen, the terrace provides an exceptional setting for morning coffee, sunset entertaining. The interior includes immaculately refinished kitchen cabinetry, quartz countertops open-concept kitchen with kitchen dining nook, new backsplash and modern hardware. The office/ den with custom high-end cabinetry provides an ideal space for work or relaxation. A private entrance to one of the en-suite bedrooms offers flexibility for guests, or live-in assistance. Additional conveniences include a private on-floor storage room and building-wide water detection system. Tessera's fully updated 2024 amenities include a heated 60-foot pool with sun deck, whirlpool spa, and state-of-the-art fitness center. The lobby and community spaces have also been beautifully redesigned by JKL Design. A pet-friendly building, Tessera additionally offers a grilling area and bicycle storage. Step outside and experience the best of downtown Sarasota. Located just steps from Main Street, Burns Court, the Bayfront, and Marie Selby Botanical Gardens, Tessera places shopping, galleries, dining, arts and culture, and waterfront recreation at your doorstep. Enjoy an easy walk or bike ride across the Ringling Bridge, or convenient access to St. Armands Circle and Lido Beach. A rare opportunity to experience expansive water views, exceptional privacy, polished interiors, and effortless downtown Sarasota living from one of Palm Avenue's most desirable addresses.

Facts & features

Home type

Condo

Year built

2000

Floors

14

Price per sq ft

$873

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

  • Flooring

    Marble, Tile

  • Roof

    Concrete

  • Lot Information

    Near Marina, Near Public Transit, Sidewalk, Paved

  • Exterior

    Balcony, Outdoor Grill, Sidewalk, Storage

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water, City

Mortgage calculator

Estimated monthly payment

$19,148 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $15,408
  • Property tax $2,895
  • Insurance $844

Includes principal, interest, taxes & insurance.

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Listing Broker

COLDWELL BANKER REALTY

Broker Name

COLDWELL BANKER REALTY

Agent

Dyrk Dahl