2040 PALM TERRACE, Sarasota, FL, 34231 | $599,000

Architect-Designed Masterpiece of Indoor – Outdoor Living……….



this meticulously crafted residence sits on a prime Sarasota lot of nearly 10, 000 sq ft. The design embodies a Garden – Architecture Integrated Layout; A concept known as The MODERN - BOHEMIAN style and is devoted to creating meaningful interactions between the built environment and the surrounding landscape…… by fusing the warmth, nature, and free spirit of Bohemian (Boho) with the simplicity, sophistication, and functionalism of Modern (Modern) style. It is a blended aesthetic that seeks a relaxed, personalized atmosphere while maintaining visual neatness and a sense of refinement.

The entire property is poetically expressed as “One Dwelling, One Pavilion, Three Courtyards, ” consisting of the main residence (Dwelling), the detached multifunctional studio (Pavilion), and the Front, Back, and Side Yards that encircle both structures…… The main residence deliberately minimizes hallways and maximizes usable space. This efficiency, combined with practical bathroom sizing and the presence of four custom viewing niches throughout the home, significantly improves the overall usage efficiency of the floor plan.

• Design Philosophy: Courtyard Suites Immersed in Nature……….
The main house and gardens form a cohesive ecosystem, where every interior space extends seamlessly toward the outdoors…. .
• Living & Dining….
The living room opens fully to the side yard through folding sliding window doors, transforming it into an outdoor extension ideal for gatherings…. .
The open kitchen, island, and dining area flow into a dramatic 9’ × 32’’ panoramic bay window, offering tranquil views of mature trees in the front garden—dining here feels like sitting within a private forest…. .
• Bedrooms…. .
• Primary Suite: Floor-to-ceiling sliding window doors frame the expansive rear garden, creating a private retreat with a luxurious landscape backdrop…. .
• Bedrooms 2 & 3: Bay windows paired with built-in seating nooks bring the garden inward, allowing each room to feel gently embraced by nature…. .
• Bedroom 4 / Study: Designed as a home office and reading room, this space is surrounded by both side and rear gardens. Two large windows plus a sliding door allows one to view the garden from different angles…. .
Every room becomes a private courtyard suite, each offering its own intimate connection with the surrounding gardens…. .
The Pavilion: Multifunctional Studio & Outdoor Activity Hub…. .
Detached from the main residence, the 240 sq ft Shed serves as a highly versatile bonus structure. Featuring electric service, water, sewer, AC, cable connection, insulation, and garden views, it functions perfectly as a Mini Office, workshop, media room, or creative studio, including an integrated laundry area with new washer and dryer that conveys with the property…. .
Directly outside the shed window lies a dedicated outdoor BBQ zone, making this pavilion the center of outdoor living. The design reinterprets traditional “garage culture” into an elevated, modern backyard lifestyle hub. . . . . . See pictures for additional information on each room.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 2 full
  • Lot Size: 80 x 123
  • Laundry: Inside
  • Year Built: 1958
  • Garage: Parking Pad
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,362
  • Acreage: 0.23
  • Lot Size: 80 x 123
  • Est. Taxes: $2,722
  • Lot Desc: Level
  • View: Garden
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4661224
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/A4661224/2040palmterrace_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 12/15/2025 3:09:24 PM)
Listing courtesy of KELLER WILLIAMS ON THE WATER S   Phone: 941-803-7522

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2040 PALM TERRACE, Sarasota, FL, 34231

$599,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.472% 6.443% 5.648%
Monthly Tax Payment $227 $227 $227
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,759 $2,951 $3,884
Total Monthly Payment $3,078 $3,270 $4,203

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.