Neighborhood · Sarasota, Florida
South Palm Avenue Residents
Downtown Sarasota living, walkable and on the water
12
Homes for sale
$749,500
Median list price
$565
Avg price / sqft
66
Median days on market
South Palm Avenue sits at the edge of downtown Sarasota, where the arts district, the bayfront, and a short walk to the marina all pull in the same direction. This is condo-and-townhome territory for people who want to trade the yard for walkability — dinner, galleries, and the water within a few blocks. It's a natural fit for buyers also weighing the Rosemary District or the beaches out on Lido Key, and it keeps you plugged into everything that makes Sarasota homes for sale worth the search.
Right now there are 13 active listings with a median list price of $750,000, though the range runs wide from $359,000 up to $1,299,999. Homes are trading around $560 per square foot on a compact median size of about 1,419 square feet, and they're taking roughly 56 days to find a buyer. Over the last year 18 homes sold at a median of $1,042,500 — a reminder that the sold price skews higher than what's currently listed, so pricing and condition matter.
South Palm Avenue Residents is a community in Sarasota, Florida.
Quick facts
$359,000 – $1.3M price range
1,362 sqft median home
$1,348/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
$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
$1,299,999
770 S PALM AVENUE UNIT 1804, SARASOTA
2 bd · 2 ba · 1,463 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
$749,000$799,000
707 S GULFSTREAM AVENUE UNIT 602, SARASOTA
2 bd · 2 ba · 1,247 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
≈ $6,045/mo
$749,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$1,348/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?+
It's one of the most walkable pockets of downtown Sarasota, with the bayfront and arts district close by and Lido Key beaches just across the bay. Assigned schools include Southside Elementary, Booker Middle, and Sarasota High. It suits buyers who want an urban, low-maintenance lifestyle over a big lot.
Is it expensive to buy here?+
Yes, relative to size — active listings carry a median list price of $750,000 and homes trade around $560 per square foot. The range is broad, from $359,000 to $1,299,999, so there's more entry-level flexibility than the median suggests. If you want more space for the money, nearby Arlington Park is worth a look.
What do homes cost in South Palm Avenue?+
The median list price is $750,000 today, while the median sold price over the past 12 months was $1,042,500 — a sign that recently closed homes leaned larger or higher-end. Currently three of the 13 active listings are priced above $1 million. Expect roughly $560 per square foot on a typical 1,419-square-foot home.
How is the market right now?+
There are 13 active listings and homes are taking a median of 56 days to sell, so it's not a frantic pace. Over the last year 18 homes closed, with sellers getting about 95% of asking on average. Well-priced, updated units move fastest — much like in the Rosemary District nearby.
What about HOA fees and property taxes?+
Because this is largely condo and attached housing, HOA dues run higher — the median is about $1,393 per month, which typically covers building and common-area upkeep. Median property taxes come in around $6,546 per year. Factor both into your monthly budget alongside the purchase price.
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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