505 S ORANGE AVENUE, #301, Sarasota, FL, 34236 | $1,595,000

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 REPORT IN 2023 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 patio 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 butler’s 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 and 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 also serve similar to having a concierge. 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, 595, 000

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 14
  • Amenities: Elevator(s), Fence Restrictions, Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Sauna, Storage, Vehicle Restrictions, Wheelchair Access
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
  • Complex: KANAYA
  • Year Built: 2007
  • Approx Sq. Feet: 3,026
  • Acreage: 0.7
  • Est. Taxes: $9,797
  • Condo Fee: $7,347 Quarterly
  • View: City
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Yes
  • Appliances: Built-In Oven, Convection Oven
  • MLS#: A4675111
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/A4675111/505sorangeavenue_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 1/9/2026 6:47:08 PM)
Listing courtesy of VUE REALTY, LLC   Phone: 941-269-8400

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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505 S ORANGE AVENUE, #301, Sarasota, FL, 34236

$1,595,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,276,000 $1,276,000 $1,276,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.241% 6.110% 5.972%
Monthly Tax Payment $816 $816 $816
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,245 $7,650 $10,596
Total Monthly Payment $8,186 $8,591 $11,537

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.