711 S PALM AVE #501, SARASOTA, FL, 34236
711 S PALM AVE #501
$2,025,000
Newer construction without the wait in Downtown Sarasota at the ideally located 7 One One Palm.

Nestled beside the bayfront in Downtown's most desirable tree-lined neighborhood, this 3-bedroom, 3-bath corner penthouse boasts panoramic views of the Ringling Bridge and Sarasota Bay, with abundant natural light, 11-foot ceilings, premium-quality modern finishes, and luxury upgrades throughout.

Beyond the semi-private elevator entry, chic interior features showcase contemporary luxury with clean angles, sleek surfaces, and a harmony of stone and wood tones that enhance the dramatic views, from the residence and the spacious west-facing terrace. The home's open plan features a welcoming entry, spacious dining area, and easy flow to the great room and kitchen, which boasts Italian cabinetry, side-by-side refrigerator, double wall ovens, Bosch 5-burner gas range, Hansgrohe fixtures, and a large island with Caesarstone countertop.

The spacious owners' suite is a bright and airy oasis, offering double walk-in closets with built-in wardrobes and a large ensuite with an oversized glass-enclosed shower, dual floating vanities, linen cabinet, and a separate water closet.

One of the two guest suites is outfitted with a custom shelving system that contains a queen-sized Murphy bed; the second guest suite features a built-in California Closets office setup, creating the perfect transitional space for both a home office and occasional guests. A dedicated laundry room adds versatile function with built-in cabinetry, full-size stack washer/dryer, and a laundry sink. Additional upgrades in this residence include custom-painted 8-foot solid core doors, water filtration and automated shades with smart home integration. Two dedicated garage parking spaces, bicycle racks, and secure air-conditioned storage ensure even more convenience.

With a boutique scale of only 16 exclusive residences and an intimate sense of community, 7 One One Palm is the ideal urban retreat in Downtown Sarasota. Resort-style amenities include part-time concierge, the private Palm Terrace with oversized pool, spa, cabanas and firepit; fitness facility, package room, and a convenient 'paw park' for resident pets. The picture-perfect address is at the heart of Sarasota's cosmopolitan amenities, within steps of the farmers market, Whole Foods, shops, restaurants, and boutiques as well as renowned cultural enterprises; the serenity of the beaches and convenience of Sarasota Memorial Hospital, SRQ Airport, and much more are minutes away.

3
beds

3
baths

1,883 Sq.Ft. LIVING AREA

0.64 Acres lot

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms3
  • full bathrooms3
  • Laundry room Laundry Room
  • Flooring Tile
  • Fireplace Electric
  • APPLIANCES Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • other interior Features Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)

Area & Lot

  • Status Sold
  • Living Area1,883 Sq.Ft.
  • Lot Area0.64 Acres
  • MLS® IDA4596966
  • TypeCondo
  • YEAR BUILT2019
  • Elementary SchoolSouthside Elementary
  • Middle SchoolBooker Middle
  • High SchoolSarasota High

Exterior

  • STORIES5
  • Garage Space2.0
  • water SourcePublic
  • utilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • PoolGunite, Heated, In Ground
  • roofBuilt-Up
  • lot featuresCity Limits, Near Public Transit, Sidewalk, Street Brick
  • parkingAssigned, Garage Door Opener, Guest, Underground
  • HEAT TYPECentral, Electric
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureSlab
  • other exterior FeaturesBalcony, Dog Run, Irrigation System, Lighting, Outdoor Grill, Sliding Doors, Storage

Financial

  • Sales Price$2,025,000
  • Real Estate Tax $16,195/yr
  • HOA $5,500/mo
  • Zoning DTE
Lisa Rooks Morris

Lisa Rooks Morris

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The LRM Group draws on extensive luxury marketing experience and legacy relationships to offer unique value to distinguished clients. Consistently ranking among the highest producers in Sarasota, we attribute our success to unparalleled market insight, constant attention to detail, and rigorous commitment to our clients' priorities.