Vélez Smith Collection
Sarabande
Condominium Building
Sarabande
A 1998 Palm Avenue landmark where private elevators open into bay-view residences.
Sarabande has anchored South Palm Avenue since 1998, an 18-story tower of 57 residences a few blocks from Sarasota's bayfront. Private elevator entries, glass walls facing the water, and an unusually deep amenity floor have kept it a quiet fixture of downtown's condominium landscape for nearly three decades.
- Completed
- 1998
- Residences
- 57
- Stories
- 18
- Residence sizes
- Approx. 1,774–5,751 sq ft
- Parking
- Two secured garage spaces per residence
- Pets
- Up to two, 60-lb limit
- Leasing
- 3-month minimum, twice per year (commonly reported)
Timeline
1998
Sarabande completed at 340 S. Palm Avenue
Overview
Some downtown buildings announce themselves; Sarabande simply endures. Completed in 1998 at 340 South Palm Avenue, the tower rises 18 stories and holds just 57 residences — a low count for its height, which tells you most of what you need to know about the scale of the homes inside. Sarasota Magazine has described its glass-walled residences overlooking the bay, and noted that when homes here come available, they tend to move quickly. That mix of scarcity and staying power is the building's core appeal. Rather than chasing the newest finishes, Sarabande offers something the newer towers can't: a settled address on one of downtown's most graceful streets, with mature landscaping, an established association, and floor plans drawn in an era when square footage was generous. Residences range from about 1,774 square feet to more than 5,700 in the penthouse tier. Each home is reached by private elevator entry rather than a shared corridor, and each comes with two secured spaces in the under-building garage. For buyers weighing downtown's crop of new construction against buildings with history, Sarabande is the standard reference point on Palm Avenue — a known quantity in a market full of renderings.
Residences
The 57 residences span roughly 1,774 to 5,751 square feet, from two- and three-bedroom plans up through larger combined layouts and penthouses. The signature move is the arrival: elevators open directly into individual residences, so there are no shared hallway landings — a rarity even among downtown's newest towers. Floor-to-ceiling glass and deep balconies orient the principal rooms toward Sarasota Bay, with full-bay, partial-gulf, and city outlooks depending on floor and stack. Because the building is nearly three decades old, interiors vary widely: some homes remain close to their original 1990s specifications while others have been taken down to the slab and rebuilt to current taste, so condition drives the conversation as much as floor plan.
Amenities
Sarabande's amenity list runs deeper than its 57-residence size would suggest. There are two pools — including a heated 25-meter lap pool — plus a hot tub, a fitness center, and steam, sauna, and dedicated massage rooms. The social spaces have a clubby, traditional character: a library, a billiards and game room, a media room, a conference room, and a social room with catering kitchen for larger gatherings, along with temperature-controlled wine storage. Two furnished guest suites give visiting friends and family a place to stay without giving up a bedroom. Service is a genuine differentiator for a building of this vintage: 24-hour security and concierge staffing, on-site management, gas grills on the amenity deck, and private storage rounding out the package. Each residence holds two assigned spaces in the secured garage.
Location
The address is the argument. South Palm Avenue is a tree-lined, gently curving street one block off the bayfront, steps from downtown's dining, shopping, and cultural venues, with Five Points Park about a seven-minute walk north. Main Street's restaurants and the Sarasota Opera House are within an easy walk, and the Palm Avenue corridor runs south toward Marie Selby Botanical Gardens' bayfront campus at Mound Street. Newer towers such as The DeMarcay and SANSARA have risen nearby, but the immediate blocks keep a lower-rise, gallery-district feel. Lido and Siesta beaches are a short drive over the Ringling Bridge or south on Tamiami Trail.
Lifestyle
Days here organize themselves around the walk. Morning laps in the heated pool, then coffee somewhere along Main Street; an afternoon browsing the shops near Palm Avenue or wandering Selby Gardens' orchid houses; an evening that starts with dinner downtown and ends at the opera, the ballet, or a gallery opening without moving the car. The bayfront is close enough for a sunset stroll to be a habit rather than an outing. When guests visit, the building's furnished suites and the games and media rooms carry the entertaining, and the beaches at Lido and Siesta are there when a gulf swim calls.
Frequently Asked Questions
When was Sarabande built and how many residences does it have?
Sarabande was completed in 1998 at 340 South Palm Avenue in downtown Sarasota. The tower rises 18 stories and contains 57 residences ranging from roughly 1,774 to 5,751 square feet, with elevators that open privately into each home.
What amenities does Sarabande offer?
The building includes two pools (one a heated 25-meter lap pool), a hot tub, fitness center, steam, sauna, and massage rooms, a library, billiards and game room, media and conference rooms, a social room with catering kitchen, wine storage, two furnished guest suites, gas grills, private storage, and 24-hour security and concierge service.
Is Sarabande subject to Florida's milestone inspection law?
Yes. Under Florida Statute 553.899, condominium buildings three stories or taller must complete a milestone structural inspection by the end of the year the building reaches 30 years of age, with recurring inspections every ten years afterward; associations must also maintain a structural integrity reserve study. Completed in 1998, Sarabande falls within this framework, so buyers should request the association's milestone inspection status, current reserve study, and budget documents during due diligence.
What are the pet and rental policies at Sarabande?
Published building profiles report that residents may keep up to two pets with a 60-pound weight limit, and that leases require a three-month minimum with no more than two leases per year. Policies can change by association vote, so confirm current rules in the condominium documents before writing an offer.
Does Sarabande have water views?
Many residences do. The building sits one block off Sarasota's bayfront on South Palm Avenue, and listings report full bay, partial gulf, and city views depending on the floor and orientation of the residence. West-facing homes with floor-to-ceiling glass capture Sarasota Bay directly.
Explore nearby
Condominium
The DeMarcay
Thirty-nine residences rising from the preserved facade of a 1920s Palm Avenue landmark.
Condominium
Sansara
Seventeen zen-inspired residences at the gateway to Burns Court.
Condominium
Epoch Sarasota
Twenty-three bayfront residences composed for the quiet end of Gulfstream Avenue.
Neighborhood
Downtown Core
The Five Points heart of Sarasota, where Main Street, Palm Avenue and a century of culture meet.
