Residential Property - Condominium in Sarasota

Listing Price: $1,595,000Days on Market: 125

Description of Property

Positioned on iconic Palm Avenue in the heart of downtown Sarasota, this residence presents one of the best values for a luxury condominium currently available in the market. Delivered in 2019, the building truly lives like new construction, modern design, clean lines, premium construction quality, and a refined, boutique feel throughout. The current owners have maintained the residence with exceptional care, creating a space that feels brand new and completely move-in ready. Even more compelling: this condo is offered at an extraordinary value, priced approximately $200,000 below a comparable sale on the floor below, within the past nine months, this offers a rare opportunity to purchase into one of Sarasota’s most desirable downtown addresses at a price point that simply doesn’t reflect replacement cost or recent market precedent. For buyers seeking immediate enjoyment, the timeline is unmatched. The home is turnkey-ready, and the owner is open to selling the furnishings, allowing a seamless transition for anyone relocating, downsizing, or purchasing a second residence. Beyond the residence itself, 7 One One Palm offers a uniquely clean and secure ownership profile: a well-funded HOA, no ongoing litigation, and no developer lawsuits. Whether you’re entering the luxury market, upgrading to downtown living, or coming off the barrier islands and looking for walkability, convenience, and sophistication, this is a rare opportunity to secure an exceptional home in a building that checks every box and at a price that makes a great amount of sense.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $3,721,796. This condominium is listed at about 43% of the average asking price. There are 9 3 bedroom/3 bath homes between $1,400,000 and $1,800,000 currently listed for sale in this Zip code. See other listings like this one »