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505 S Orange Avenue Unit: Unit: 501, Sarasota, FL

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$1,845,000

($614/sqft)

List Status: Active
505 S Orange Avenue
Sarasota, FL 34236


3 beds
3 baths
3003 living sqft
Top Features
  • View: Water
  • Subdivision: Kanaya
  • Built in  2007
  • Condominium
Description
Property Details
Additional Information
Additional Lease Restrictions
Lease needs to be approved by the board, with a minimum of 3-month term, 2 times a year only. See Section 22 of the Declaration of Condominium and Rules and Regulations. No unit owner may lease or rent their unit without the approval of the Association.
Additional Parcels YN
false
Additional Rooms
Den/Library/Office, Inside Utility, Storage Rooms
Appliances
Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Approval Process
See condo Docs & Buyers application for purchase
Association Amenities
Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Storage
Association Approval Required YN
1
Association Email
KANCONDO@CiraMail.com
Association Fee Includes
Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Sewer, Trash, Water
Association YN
true
Attached Garage YN
true
Available For Lease YN
1
Bathrooms Total Integer
4
Building Area Source
Builder
Building Area Total
3427
Building Area Total Srch SqM
318.38
Building Area Units
Square Feet
Building Elevator YN
1
Building Name Number
KANAYA
Calculated List Price By Calculated SqFt
614.39
Carport YN
false
Community Features
Buyer Approval Required, Fitness Center, Pool, Sidewalks, Wheelchair Access
Condo Fees
6965
Condo Fees Term
Quarterly
Construction Materials
Block, Stucco
Cooling
Central Air
Country
US
Cumulative Days On Market
25
Current Price
1845000.00
Days On Market
25
Direction Faces
West
Disclosures
Condominium Disclosure Available, Flood Disclosure, Milestone Inspection, Seller Property Disclosure
Elementary School
Southside Elementary
Exterior Features
Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Sidewalk, Sliding Doors
Fireplace YN
false
Flood Zone Code
X
Floor Number
5
Flooring
Concrete, Reclaimed Wood, Tile, Wood
Foundation Details
Slab
Garage Spaces
2
Garage YN
true
Heating
Central, Electric
High School
Sarasota High
Homestead YN
1
Interior Features
Ceiling Fans(s), Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Laundry Features
Inside, Laundry Room
Lease Restrictions YN
1
Levels
One
List AOR
Sarasota - Manatee
Living Area Meters
278.99
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Features
Near Public Transit, Sidewalk
Max Pet Weight
100
Middle Or Junior School
Booker Middle
Minimum Lease
3 Months
Modification Timestamp
2025-03-03T20:10:09.435Z
Monthly Condo Fee Amount
2322
New Construction YN
false
Num Times per Year
2
Number Of Pets
2
Occupant Type
Owner
Other Structures
Outdoor Kitchen
Ownership
Condominium
Parcel Number
2027104005
Patio And Porch Features
Patio, Side Porch
Pet Restrictions
See Condo rules and verify with the condo association.
Pet Size
Large (61-100 Lbs.)
Pets Allowed
Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes
Pool Features
Auto Cleaner, Heated, In Ground, Lap
Pool Private YN
false
Postal Code Plus 4
7565
Previous List Price
1895000
Price Change Timestamp
2025-03-03T20:08:09.000Z
Property Condition
Completed
Public Remarks
KANAYA, a boutique building footsteps to all the vibrant cultural epicenter of downtown where luxury, lifestyle, and location converge. The northwestern facing 5th-floor corner end unit features 3, 003 square feet, 3 bedrooms, 3.5 baths, and an office/den with views of Downtown Sarasota and Sarasota Bay. A private elevator delivers you to a private vestibule/foyer, setting the stage for a warm welcome arrival. The open flow dining/living area is perfect for entertaining leading out to the expansive balcony to take in the Florida breeze and feel the energy of the Burns Court and Laurel Park below. The kitchen's spacious layout allows all to enjoy watching the culinary creations. The private primary suite includes a 13x10 private study for those working remotely and need privacy. The entire condo is wired with cat 5e ethernet cables for the fastest and most efficient connectivity. The spacious suite is a large corner bedroom, with separate balcony access, an owner's bath suite with a soaking tub, shower with transom window, water closet, two vanities, and an oversized walk-in closet. Two additional bedroom ensuites have access to a private balcony. Kanaya is an exclusive secure building with Butterfly MX smart intercom system which is a Cloud-based access controller that works whether you’re onsite or remote. Kanaya Amenities include a magnificent 16th-floor rooftop lounge seating and showstopping panoramic views of the barrier islands, downtown Sarasota, bayfront, Marina Jacks out to the Gulf of Mexico. The 3rd floor offers a south-facing 65-foot heated lap pool, sunbathing deck, fire tables, shower/sauna, yoga room, fitness center, and indoor social room and kitchen. Additional features include two deeded parking and two storage rooms. Extra bike storage for all your toys. Burns Court district provides easy access to eateries, movie theater, yoga studio and trendy boutiques. Barrier islands, Lido, Siesta and Longboat Key known for their powdery sand and turquoise waters, are a short drive away. Kanaya is a pet friendly building so your furry friends are welcome. Kanaya has excellent financials, is well-funded, has a backup building generator and recently passed favorably the Milestone Report by Karins Engineering, providing owners peace of mind. Overall, this residence offers the ideal combination of space, features, and proximity to the dynamic downtown area. This hidden gem is a value and available immediately!
Public Survey Range
18
Public Survey Section
19
RATIO Current Price By Calculated SqFt
614.39
Realtor Info
Brochure Available, Docs Available, Engineering Report, Floor Plan Available
Road Surface Type
Asphalt
Roof
Membrane
Room Count
9
SW Subdiv Community Name
Kanaya
Security Features
Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage / Parking, Security Gate, Security Lights, Smoke Detector(s)
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
Appointment Only, Call Before Showing, Call Listing Agent, ShowingTime
Spa Features
In Ground
Spa YN
false
Status Change Timestamp
2025-02-06T19:13:25.000Z
Stories Total
15
Tax Annual Amount
7745
Tax Legal Description
UNIT 501, KANAYA
Tax Year
2024
Total Acreage
Non-Applicable
Total Annual Fees
27860.00
Total Monthly Fees
2321.67
Township
36
Universal Property Id
US-12115-N-2027104005-S-501
Unparsed Address
505 S ORANGE AVE #501
Utilities
Cable Available, Electricity Available, Electricity Connected, Fire Hydrant, Public
Vegetation
Trees/Landscaped
Water Body Name
SARASOTA BAY, INTRACOASTAL
Water Source
Public
Water View
Bay/Harbor - Partial, Gulf/Ocean - Partial, Intracoastal Waterway, Marina
Water View YN
1
Waterfront YN
false
Window Features
Impact Glass/Storm Windows, Shutters
Zoning
DTC
Neighborhood Map
Popup

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MLS #MFRA4638659 Listing courtesy of Coldwell Banker Realty provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 3/15/25 1:45 PM) |

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