Neighborhood · Sarasota, Florida
South Palm Avenue Residents
Downtown Sarasota living steps from Palm Avenue
13
Homes for sale
$750,000
Median list price
$560
Avg price / sqft
56
Median days on market
South Palm Avenue sits at the heart of downtown Sarasota, where art galleries, sidewalk cafes, and the bayfront are all within a short walk. This is a walkable, culturally rich pocket near Five Points and the Rosemary District, with easy reach to the beaches of Lido Key and the historic charm of Indian Beach / Sapphire Shores. It's a place for buyers who want to trade the car for foot traffic and a real downtown rhythm.
Right now there are 13 active listings here, with a median list price of $750,000, so this is a market with genuine choices at a serious-but-not-stratospheric price point. Inventory is limited enough that well-priced homes attract attention, and with no recorded sales in the past 12 months, pricing here rewards close comparison against the broader Sarasota market. Come in with a clear read on the current listings and you can move confidently.
South Palm Avenue Residents is a community in Sarasota, Florida.
Quick facts
$359,000 – $1.3M price range
1,419 sqft median home
$1,393/mo median HOA
$2,950/mo median rent
18 sold in 12 months
Drive times
On the market now
Homes for sale in South Palm Avenue Residents
View all 13 →
$1,299,999
770 S PALM AVENUE UNIT 1804, SARASOTA
2 bd · 2 ba · 1,463 sqft
$799,000
707 S GULFSTREAM AVENUE UNIT 207, SARASOTA
2 bd · 2 ba · 1,247 sqft
$725,000
770 S PALM AVENUE UNIT 904, SARASOTA
2 bd · 2 ba · 1,636 sqft
$1,150,000
340 S PALM AVENUE UNIT PL1, SARASOTA
2 bd · 3.5 ba · 2,313 sqft
$359,000
615 S PALM AVENUE UNIT 10, SARASOTA
1 bd · 1 ba · 647 sqft
$750,000
707 S GULFSTREAM AVENUE UNIT 705, SARASOTA
2 bd · 2 ba · 1,180 sqft
$419,000$449,000
435 S GULFSTREAM AVENUE UNIT 206, SARASOTA
2 bd · 2 ba · 1,304 sqft
$1,250,000$1,350,000
340 S PALM AVENUE UNIT 14, SARASOTA
2 bd · 2 ba · 1,774 sqft
$899,000$950,000
707 S GULFSTREAM AVENUE UNIT 802, SARASOTA
2 bd · 2 ba · 1,419 sqft
$739,000$749,000
707 S GULFSTREAM AVENUE UNIT 307, SARASOTA
2 bd · 2 ba · 1,247 sqft
$429,000$444,900
435 S GULFSTREAM AVENUE UNIT 605, SARASOTA
2 bd · 2 ba · 1,537 sqft
$895,000$950,000
435 S GULFSTREAM AVENUE UNIT 1004, SARASOTA
2 bd · 2 ba · 1,829 sqft
Every active listing inside the South Palm Avenue Residents boundary
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Browse South Palm Avenue Residents
By feature — on the live map
Where the market lives
The numbers that matter
The South Palm Avenue Residents market
18
Sold, last 12 months
$1,042,500
Median sold price
95%
Sale-to-list ratio
What sellers actually get vs asking
79 days
Median time to sell
South Palm Avenue Residents vs Sarasota
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 50.2% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the South Palm Avenue Residents boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools South Palm Avenue Residents is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median South Palm Avenue Residents home
≈ $6,101/mo
$750,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$1,393/mo
Median HOA
From current listings inside the boundary
$2,950/mo
Median rent
Homes for rent inside the boundary
Population
637
Median age
76
Median income
$138,472
Median home value
$1,023,600
Beyond the listings
Living in South Palm Avenue Residents
Beliefs
Top 8% in the U.S.Local Engagement
These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Hobbies & Interests
Top 12% in the U.S.Green Thumb
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Culture
Top 13% in the U.S.Artistic Appreciation
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Lifestyles
Top 15% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Active
Top 16% in the U.S.Yoga Advocates
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
Straight answers
South Palm Avenue Residents FAQs
Is South Palm Avenue a good place to live?+
If you want a genuinely walkable downtown lifestyle, it's one of Sarasota's strongest choices — galleries, dining, and the bayfront are all close, with Lido Key beaches a short drive away. Homes are assigned to Southside Elementary, Booker Middle, and Sarasota High School. It suits buyers who value culture and walkability over a big suburban yard.
Is it expensive to buy here?+
The median list price is $750,000, which puts it firmly in Sarasota's upper-middle tier rather than the luxury extreme. It's worth comparing against the wider Sarasota market to see where your budget stretches furthest.
What do homes cost on South Palm Avenue?+
There are 13 active listings today with a median list price of $750,000. Per-square-foot and size data isn't available for this small pocket, so lean on a direct walk-through of the current listings to gauge value.
How is the market right now?+
With 13 homes active and no recorded sales in the past 12 months, this is a thin, listing-driven market where pricing is best judged against comparable downtown Sarasota properties. Limited inventory means a sharp, well-priced home can move quickly, so it pays to be ready.
What about HOA fees and property taxes?+
HOA and property tax figures aren't available in the current data for this neighborhood, and they can vary significantly by building, especially among downtown condos. Ask for the specific numbers on any listing you're considering before you make an offer.
Keep exploring
More Sarasota neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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