Active
$1,499,000
Est. $9,384/mo

505 S Orange Ave #301, Sarasota, FL, 34236

$495/sqft·Kanaya

3 bd4 ba3,026 sqft2 car garageCondominium
Listed by VUE REALTY, LLC· Last updated · MLS# A4675111

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Est. monthly payment
$9,384/mo
Down payment (20%)
$299,800
Property taxes
$816/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

High-rise condo
14 stories · 2007
Community pool
Fitness center too
2 car garage
Assigned
Private balcony
Outdoor space
3,026 sqft
Living area

About this home

Built-in FeaturesCeiling Fans(s)Crown MoldingEat-in KitchenHigh CeilingsOpen FloorplanStone CountersThermostat

505 S Orange Ave #301 is a 2007-built home in Kanaya, Sarasota. Inside you'll find 3 bedrooms, 4 bathrooms, and 3,026 square feet of living space. Listed at $1,499,000 (about $495/sqft), 212 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Welcome to Kanaya, where luxury, lifestyle, and location come together in one of Sarasota’s most desirable boutique condominium residences. This exceptional building offers the privacy and exclusivity of only 32 residences within 15 floors, creating an intimate community with impressive amenities, attentive management, and friendly neighbors. For buyers seeking a downtown Sarasota condominium with strong financials, a well-funded association, and a successfully completed milestone inspection with outstanding results, this is a rare opportunity. Located on the third floor and directly on the amenity level, this remarkable end-unit residence offers approximately 3,003 square feet of elegant living space, featuring three bedrooms, three-and-a-half bathrooms, a private office/den/study, two terraces, and an extraordinary 1,075-square-foot private owner’s patio available exclusively to this residence. The beautifully appointed kitchen showcases a stainless-steel KitchenAid appliance suite, granite countertops, and a spacious walk-in pantry. The luxurious primary suite includes a private 13’ x 10’ study, a corner bedroom with northern and western exposures, direct access to the expansive balcony, and a spa-inspired bathroom featuring a soaking tub, separate shower with transom window, water closet, dual vanities, and a custom-built walk-in closet. Two additional ensuite bedrooms are located on the opposite side of the residence, each offering private baths and balcony access. Additional features include a formal foyer, powder room, crown molding, wet bar, large laundry room with cabinetry and utility sink, abundant storage, and modern impact-resistant glass windows and doors throughout. Residents enjoy an impressive array of amenities, including a stunning 16th-floor rooftop terrace with entertainment areas, lounge seating, and breathtaking views of downtown Sarasota, holiday fireworks, Sarasota Bay, the barrier islands, and the iconic bridges. Additional amenities include a 65-foot heated pool, expansive sun deck, shower and sauna, yoga room, fitness center, and clubhouse with kitchen. This residence includes two side-by-side assigned parking spaces in the secure garage, the option for electric vehicle charging, three private storage units, and access to community bicycle storage. The Kanaya has recently completed extensive exterior maintenance, including sealing, caulking, and painting within the past two years, and benefits from impact glass throughout plus a backup generator providing partial building power during outages. With two full-time superintendents on-site and a proactive association, Kanaya represents exceptional downtown Sarasota living. Offered at $1,499,000, this extraordinary residence delivers a rare combination of space, privacy, luxury, and peace of mind in the heart of Sarasota.

The essentials

Built
2007
Price / sqft
$495
On market
265 days
Annual tax
$9,797
Flood zone
X500 · Low risk
Lot
30,422 sqft
Type
Condominium

Location

505 S Orange Ave #301
Sarasota, FL, 34236·34236 - Sarasota
Type
Condominium
Year Built
2007
Lot
30,422 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Assigned, Covered, Garage Door Opener, Reserved, Basement
Days on Market
265
Built-in Features
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
High Ceilings
Open Floorplan
Stone Counters
Thermostat
Tray Ceiling(s)
Walk-in Closet(s)
Balcony
Courtyard
Lighting
Outdoor Grill
Sidewalk
Sliding Doors
Storage
Association Recreation - Owned
Buyer Approval Required
Community Mailbox
Deed Restrictions
Fitness Center
Gated Community - No Guard
No Truck/Rv/Motorcycle Parking
Pool
Sidewalks
Wheelchair Access
Street Lights
Built-in Oven
Convection Oven
Homestead exemption on fileFlood Zone X500

Annual Tax (2024)

$9,797

Parcel #

2027104003

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Kanaya

County

Sarasota

MLS Area

34236 - Sarasota

Lot Size

30,422 sqft

Date
Event
Price
3/17/2026
Price change
Source: Stellar MLS #A4675111
$1,499,000-6.0%
$495/sqft
12/20/2025
Listed for sale
Source: Stellar MLS #A4675111
$1,595,000
$527/sqft
Est. monthly payment$9,384/mo
Principal & interest$7,818
Property taxes$816
Insurance$750
Down payment20% · $299,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $1,499,000
$1.43M – $1.50M
95.1% – 100% of listTops out right at the list price
80% of listList price
58 of the last 114 condo closings in 34236 landed at this number or higher (51%). The median one sat 77 days before it went under contract, and this one is on day 265 after a $96,000 cut.

Sample: 114 closed condo sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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