




505 S ORANGE AVENUE #301, Sarasota, FL, 34236
About This Home
Welcome to Kanaya, where luxury, lifestyle, and location come together in one of Sarasota’s most desirable boutique condominium residences. This exceptional building offers the privacy and exclusivity of only 32 residences within 15 floors, creating an intimate community with impressive amenities, attentive management, and friendly neighbors. For buyers seeking a downtown Sarasota condominium with strong financials, a well-funded association, and a successfully completed milestone inspection with outstanding results, this is a rare opportunity. Located on the third floor and directly on the amenity level, this remarkable end-unit residence offers approximately 3,003 square feet of elegant living space, featuring three bedrooms, three-and-a-half bathrooms, a private office/den/study, two terraces, and an extraordinary 1,075-square-foot private owner’s patio available exclusively to this residence. The beautifully appointed kitchen showcases a stainless-steel KitchenAid appliance suite, granite countertops, and a spacious walk-in pantry. The luxurious primary suite includes a private 13’ x 10’ study, a corner bedroom with northern and western exposures, direct access to the expansive balcony, and a spa-inspired bathroom featuring a soaking tub, separate shower with transom window, water closet, dual vanities, and a custom-built walk-in closet. Two additional ensuite bedrooms are located on the opposite side of the residence, each offering private baths and balcony access. Additional features include a formal foyer, powder room, crown molding, wet bar, large laundry room with cabinetry and utility sink, abundant storage, and modern impact-resistant glass windows and doors throughout. Residents enjoy an impressive array of amenities, including a stunning 16th-floor rooftop terrace with entertainment areas, lounge seating, and breathtaking views of downtown Sarasota, holiday fireworks, Sarasota Bay, the barrier islands, and the iconic bridges. Additional amenities include a 65-foot heated pool, expansive sun deck, shower and sauna, yoga room, fitness center, and clubhouse with kitchen. This residence includes two side-by-side assigned parking spaces in the secure garage, the option for electric vehicle charging, three private storage units, and access to community bicycle storage. The Kanaya has recently completed extensive exterior maintenance, including sealing, caulking, and painting within the past two years, and benefits from impact glass throughout plus a backup generator providing partial building power during outages. With two full-time superintendents on-site and a proactive association, Kanaya represents exceptional downtown Sarasota living. Offered at $1,499,000, this extraordinary residence delivers a rare combination of space, privacy, luxury, and peace of mind in the heart of Sarasota.
Getting Around
Schools
Construction
Condition
- Property condition: Completed
- Year built: 2007
Materials
- Foundation: Slab
- Roof: Membrane
- Construction materials: Block
Type & Style
- Home type: Condo
- Architectural style: Patio
- Property subType: Condominium
Interior
Appliances
- Appliances included: Oven,Convection Oven
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Room
Balcony Porch Lanai
- Level: First
Balcony Porch Lanai
- Level: First
- Area: 1075
- Dimensions: 43x25
Bedroom2
- Features: Walk-In Closet(s)
- Level: First
- Area: 182
- Dimensions: 14x13
Bedroom3
- Features: Built-in Closet
- Level: First
- Area: 169
- Dimensions: 13x13
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Den
- Level: First
- Area: 110
- Dimensions: 11x10
Dining Room
- Level: First
- Area: 168
- Dimensions: 14x12
Features
- Built-in Features,Ceiling Fan(s),Crown Molding,Eating Space In Kitchen,High Ceilings,Open Floorplan,Stone Counters,Thermostat,Tray Ceiling(s),Walk-In Closet(s)
- Door features: Outdoor Grill,Sliding Doors
- Window features: Hurricane Shutters/Windows
- Flooring: Carpet,Ceramic Tile
- Common walls with other units/homes: End Unit
Foyer
- Level: First
- Area: 96
- Dimensions: 12x8
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 4,646
- Total interior livable area: 3,026 sqft
Kitchen
- Features: Breakfast Bar,Built-In Shelving,Pantry,Granite Counters,Stone Counters
- Level: First
- Area: 182
- Dimensions: 14x13
Living Room
- Level: First
- Area: 378
- Dimensions: 21x18
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 360
- Dimensions: 20x18
Property
Accessibility
- Accessibility features: Accessible Approach with Ramp,Accessible Bedroom,Accessible Closets,Accessible Common Area,Accessible Doors,Accessible Entrance,Accessible Full Bath,Visitor Bathroom,Accessible Hallway(s),Accessible Kitchen
Details
- Parcel number: 2027104003
- Zoning: DTC
- Special condition: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Deck,Patio
- Exterior features: Balcony,Courtyard,Lighting,Outdoor Grill,Sidewalk,Storage
- Has view: Yes
- View description: City
Lot
- Lot size: 0.70 Acres
- Features: Above Flood Plain
Parking
- Total spaces: 2
- Parking features: Assigned,Covered,Garage Door Opener,Reserved,Under Building
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Inland Flooding
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Sarasota County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,579 | $90,948 |
| Home Insurance * | $1,026 | $12,312 |
| Property Taxes | $1,920 | $23,040 |
| Electricity | $304 | $3,654 |
| Total | $10,829 | $129,948 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-17 | Price change | $1,499,000 |
| 2025-12-20 | Listed for sale | $1,595,000 |
| 2012-12-26 | Sold | $675,000 |
| 2012-10-25 | Price change | $749,000 |
| 2012-03-22 | Price change | $795,000 |
| 2012-01-08 | Listed for sale | $825,000 |
| 2007-02-21 | Sold | $944,400 |
