Listing Details for MLS # A4638659
505 S Orange Avenue Unit 501, Sarasota, Fl 34236

Residential Property - Condominium in Sarasota

Listing Price: $1,845,000Days on Market: 25

Description of Property

KANAYA, a boutique building footsteps to all the vibrant cultural epicenter of downtown where luxury, lifestyle, and location converge. The northwestern facing 5th-floor corner end unit features 3,003 square feet, 3 bedrooms, 3.5 baths, and an office/den with views of Downtown Sarasota and Sarasota Bay. A private elevator delivers you to a private vestibule/foyer, setting the stage for a warm welcome arrival. The open flow dining/living area is perfect for entertaining leading out to the expansive balcony to take in the Florida breeze and feel the energy of the Burns Court and Laurel Park below. The kitchen's spacious layout allows all to enjoy watching the culinary creations. The private primary suite includes a 13x10 private study for those working remotely and need privacy. The entire condo is wired with cat 5e ethernet cables for the fastest and most efficient connectivity. The spacious suite is 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 have access to a private balcony. Kanaya is an exclusive secure building with Butterfly MX smart intercom system which is a Cloud-based access controller that works whether you’re onsite or remote. Kanaya Amenities include a magnificent 16th-floor rooftop lounge seating and showstopping panoramic views of the barrier islands, downtown Sarasota, bayfront, 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 and two storage rooms. Extra bike storage for all your toys. Burns Court district provides easy access to eateries, movie theater, yoga studio and trendy boutiques. Barrier islands, 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!The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $3,630,896. This condominium is listed at about 51% of the average asking price. There are 9 3 bedroom/3 bath homes between $1,600,000 and $2,200,000 currently listed for sale in this Zip code. See other listings like this one »