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$1,499,000
$495/sqft6% reduced
HOA: $7,347/quTaxes: $9,797/yr172d on market

Kanaya

505 S ORANGE AVE #301, SARASOTA, FL, 34236

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3 Beds|4 Baths|3,026 Sq Ft|Built 2007|2 Car Garage
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 6% ($96,000 off original)
  • 172+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

Welcome to KANAYA, at the intersection of Luxury, Lifestyle and Location with bragging rights to a substantial and affluent building, yet with only 32 residences enhanced by privacy as well as very friendly neighbors. IF YOU ARE LOOKING TO PURCHASE A GREAT DOWNTOWN CONDOMINIUM WITH FIRST RATE FINANCIALS, WELL FUNDED and PASSED THE MILESTONE INSPECTION with the best possible report...you have found it! This 3rd floor unit is also located on the Amenity Floor and is one of the most unique high rise condos in Sarasota with a HUGE 1075 square foot PRIVATE OWNER'S PATIO that is uniquely and privately yours in addition to 2 terraces. Schedule a private tour to see this superior end unit condo with 3003 square feet, 3 bedrooms-all 3 have walk-in closets, 3.5 bath, plus an office/den/study. Your well-appointed kitchen includes a Stainless Steel Kitchen Aide Suite of appliances, Granite counters, and a LARGE walk-in pantry. The primary suite includes a 13x10 private study, a large corner bedroom with northern and western exposure plus a separate access to the large balcony, The owner’s suite bathroom comes complete with a soaking tub, shower with transom window, water closet, two vanities and a walk-in closet with Build out. On the north end you will discover two more-en-suites both have private baths and access to a north and east facing balcony. There is a formal foyer and a well-placed powder room as well as Crown Mouldings and a wet bar in the Living area. For amenities, the building offers a mesmerizing 16th floor roof-top balcony, featuring entertainment centers, lounge seating and splendid views of the city, fireworks, and Sarasota’s barrier islands and iconic bridge. You also have full access to the south facing 65-foot heated pool, huge sunbathing deck, shower/sauna, yoga room, gym, and indoor clubhouse kitchen. Modern construction boasts an abundance of impact glass windows and doors throughout. Your new condo has a large laundry room with cabinetry and a wash tub plus you have two dedicated parking garage spots that are side by side and the option to have electric car charging stations exists. This condo also has 3 storage units in the garage and there is a community bike storage room on the ground level of the SECURE garage. The Kanaya Has 15 floors and only 32 condos...The owners and management recently had the Milestone report performed by Karins Engineering and PASSED with very positive results (please see the MLS attachment). There are 2 full time superintendents on site who are always willing to help. The entire building was sealed, caulked and painted within the past 2 years. The Kanaya has impact glass windows throughout and backup a generator to perform partial lighting and power. This beautiful home is an exceptional downtown value at $1,499,000

Subdivision
KANAYA
County
Sarasota
Zip Code
34236
Community
Kanaya
Type
Condominium
Living Area
3,026 sqft
Construction
Block
Roof
Membrane
Flooring
Carpet, Ceramic Tile
Pool
No
HOA
$7,347 / Quarterly
  • 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
  • Built-in Oven
  • Convection Oven
  • Electric Dryer Hookup
  • Gas Dryer Hookup
  • Inside
  • Laundry Room
  • Covered
  • Deck
  • Patio
  • Bb/hs Internet Available
  • Cable Available
  • Electricity Connected
  • Fire Hydrant
  • Natural Gas Available
  • Sewer Connected
  • Water Connected
  • 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
  • Elevators
  • Fence Restrictions
  • Fitness Center
  • Gated
  • Maintenance
  • Pool
  • Recreation Facilities
  • Sauna
  • Storage
  • Vehicle Restrictions
  • Wheelchair Access
  • Common Area Taxes
  • Pool
  • Escrow Reserves Fund
  • Insurance
  • Maintenance Structure
  • Maintenance Grounds
  • Maintenance
  • Management
  • Recreational Facilities
  • Sewer
  • Trash
  • Water
Bedrooms
3
Bathrooms
4
Year Built
2007
Construction
Block
Flooring
Carpet, Ceramic Tile
Roof
Membrane
Garage Spaces
2
Cooling
Central Air
Heating
Central, Electric
Waterfront
No
Pet Restrictions
Cats Ok, Dogs Ok, Number Limit, Yes
Lot Size
0.7 acres
Senior Community
No
Building Elevator
Yes
Pet Size
Extra Large (101+ Lbs.)
# of Pets
2
Max Pet Weight
Tax Year
2024
Annual Tax Amount
$9,797

Association Fees

  • HOA Fee

    Real Manage

    $7,347/ Quarterly

Down Payment20% — $299,800
Interest Rate6.50%
Loan Term
Est. Mortgage
$7,580
HOA Fee
$2,449
Est. Property Tax
$816
Est. Insurance
$500
Total Est. Monthly Cost$11,345

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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