David Shippey
863.521.4517

505 S Orange Avenue UNIT #501 Sarasota Florida | Home for Sale

To schedule a showing of 505 S Orange Avenue UNIT #501, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,695,000 Reduced -$100,000
505 S Orange Avenue UNIT #501
Sarasota, FL 34236
  • 3Beds
  • 4.00Total Baths
  • 3 Full, 1 HalfBaths
  • 3,003SqFt
  • 2007Year Built
  • 0.00Acres
  • MLS# A4638659
  • Residential
  • Condominium
  • Active

  • Approx Time on Market5 months, 17 days
  • Area34236 - Sarasota
  • CountySarasota
  • Subdivision Kanaya

Overview

KANAYA, a boutique building just steps away from the vibrant cultural epicenter of downtown Sarasota, where luxury, lifestyle, and location converge. This northwestern-facing 5th-floor corner end unit features 3,003 square feet, 3 bedrooms, 3.5 baths, and an office/den with stunning views of Downtown Sarasota and Sarasota Bay.A private elevator delivers you to a private vestibule/foyer, setting the stage for a warm welcome. The open flow dining/living area is perfect for entertaining, leading out to the expansive balcony where you can take in the Florida breeze and feel the energy of Burns Court and Laurel Park below. The kitchen's spacious layout allows everyone to enjoy watching culinary creations come to life.The private primary suite includes a 13x10 private study, ideal for those working remotely and needing privacy. The entire condo is wired with Cat 5e ethernet cables for the fastest and most efficient connectivity. The spacious suite features 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 also have access to a private balcony.Kanaya is an exclusive, secure building with a Butterfly MX smart intercom system, a cloud-based access controller that works whether youre onsite or remote. Kanaya amenities include a magnificent 16th-floor rooftop lounge with showstopping panoramic views of the barrier islands, downtown Sarasota, bayfront, and 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 spaces and two storage rooms, plus extra bike storage for all your toys.The Burns Court district provides easy access to eateries, a movie theater, yoga studio, and trendy boutiques. Barrier islands like 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!



Agriculture / Farm

Association Fees / Info

Community Features:  Fitness, HandicapAccess, Pool, Sidewalks

Pets Allowed:  BreedRestrictions, CatsOk, DogsOk, NumberLimit, Yes

Senior Community:  No

Hoa Fees Frequency:  Quarterly

Association:  Yes

Association Amenities:  Elevators, FitnessCenter, MaintenanceGrounds, Pool, RecreationFacilities, Sauna, Storage

Association Fee Includes:  AssociationManagement, Insurance, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, ReserveFund, Sewer, Trash, Water

Hoa Fees:  6965

Bathroom Info

Total Baths:  4.00

Fullbaths:  3

Building Info

Window Features:  StormWindows, Shutters

Roof:  Membrane

Building Area Source:  Builder

Buyer Compensation

Exterior Features

Pool Features:  Heated, InGround, Lap, PoolSweep, Association, Community

Patio:  Patio, SidePorch, Balcony

Pool Private:  No

Exterior Features:  Balcony, Lighting, OutdoorGrill, OutdoorKitchen

Fees / Restrictions

Financial

Original Price:  $1,895,000

Garage / Parking

Open Parking:  No

Parking Features:  Assigned, Covered, ElectricVehicleChargingStations, Guest

Attached Garage:  Yes

Garage:  Yes

Carport:  No

Green / Env Info

Interior Features

Fireplace:  No

Floors:  Concrete, ReclaimedWood, Tile, Wood

Levels:  One

Spa:  No

Laundry Features:  Inside, LaundryRoom

Interior Features:  BuiltInFeatures, CeilingFans, Elevator, KitchenFamilyRoomCombo, LivingDiningRoom, MainLevelPrimary, OpenFloorplan, StoneCounters, SplitBedrooms, WalkInClosets, WoodCabinets

Appliances:  BuiltInOven, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer

Spa Features:  InGround

Lot Info

Direction Remarks:  US41 to right Orange Ave head north.. 505 S Orange on right parking next door in vacant shaded lot.

Lot Size Units:  Acres

Vegetation:  PartiallyWooded

Lot Desc:  NearPublicTransit, BuyerApprovalRequired, Landscaped

Misc

Other

Other Structures:  OutdoorKitchen

Special Conditions:  None

Security Features:  FireAlarm, FireSprinklerSystem, SecurityGate, SecuredGarageParking, SmokeDetectors, SecurityLights, FireHydrants, KeyCardEntry, LobbySecured

Other Rooms Info

Property Info

Section:  19

Class Type:  Condominium

Property Sub Type:  Condominium

Property Condition:  NewConstruction

Property Attached:  No

New Construction:  No

Construction Materials:  Block, Stucco

Stories:  1

Total Stories:  15

Foundation:  Slab

Human Modified:  Yes

Room Info

Total Rooms:  9

Sqft Info

Sqft:  3,003

Bulding Area Sqft:  3,427

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Legal Description:  UNIT 501, KANAYA

Tax Annual Amount:  7745

Unit Info

Unit:  501

Utilities / Hvac

Heating:  Central, Electric

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, ElectricityAvailable, ElectricityConnected, MunicipalUtilities

Waterfront / Water

Waterfront:  No

View:  Yes

Water Body Name:  SARASOTA BAY, INTRACOASTAL

View:  Bay, Intercoastal, Marina, Ocean, Water

Schools

Elem:  Southside Elementary

Middle:  Booker Middle

High:  Sarasota High

Directions

US41 to right Orange Ave head north.. 505 S Orange on right parking next door in vacant shaded lot.

This listing courtesy of Coldwell Banker Realty 

Mortgage Calculator

%
$
%
Dollars per $1000
$
Approximate Monthly Payment 0.0
Price & Status History (on davidshippey.com since Thu, Feb 6th 2025)
  • Original Price: $1,895,000
  • Current Price: $1,695,000
  • Price Reduced: $200,000
Date ChangedFromTo
06/02/2025$1,795,000 $1,695,000 Reduced by $100,000

Broker Reciprocity The information being provided by © 2025 My Florida Regional MLS DBA Stellar MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE REALTY, INC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE REALTY, INC, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. MLS IDX data last updated on 07-23-2025 3:25 PM EST.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. This real estate website and IDX data is hosted by IDX data is Powered & Hosted by Dynamic IDX, LLC Real Estate Web Solutions

If you have any questions on 505 S Orange Avenue UNIT #501, Sarasota, Florida, please call David Shippey at 863-521-4517.


MLS# A4638659 located at 505 S Orange Avenue UNIT #501, Sarasota, Florida is brought to you by David Shippey REALTOR®

505 S Orange Avenue UNIT #501, Sarasota, Florida has 3 Beds, 3 Full Bath, and 1 Half Bath.
The MLS Number for 505 S Orange Avenue UNIT #501, Sarasota, Florida is A4638659.
The price for 505 S Orange Avenue UNIT #501, Sarasota, Florida is $1,695,000.
The status of 505 S Orange Avenue UNIT #501, Sarasota, Florida is Active.
The subdivision of 505 S Orange Avenue UNIT #501, Sarasota, Florida is Kanaya.
The home located at 505 S Orange Avenue UNIT #501, Sarasota, Florida was built in 2025.

Related Searches:  Chain of Lakes Winter Haven Florida