770 S PALM AVENUE UNIT 1001, SARASOTA, FL, 34236
Active16 days on marketListed Sep 24, 2026MLS #A4706704
About this home
770 S PALM AVENUE UNIT 1001
Turnkey furnished annual rental available for immediate occupancy. Unit can be rented seasonally as well. Price will be adjusted to seasonal rates of 10,000 per month, 3 month minimum.ELEVATED WATERFRONT LIVING ON PALM AVENUE Perched high on the 10th floor of the iconic Embassy House, Unit 1001 offers breathtaking 180-degree panoramic views of Sarasota Bay, Marina Jack, the Ringling Bridge, and the downtown skyline. Featuring a sprawling over 1600 sq. ft. open-concept floor plan, this 2-bedroom, 2-bathroom residence highlights a stunning 30-foot wall of west-facing windows that bathes the living areas in natural light and captures unforgettable sunsets. Modern living is paired with resort-style building amenities, including a renovated mid-century modern lobby, bayfront fitness center, refurbished heated saltwater pool, EV charging, and secure entry. Positioned on premier South Palm Avenue, you are steps from Marie Selby Botanical Gardens, Bayfront Park, fine dining, and boutique galleries. Experience coastal luxury at its finest in downtown. Available as a seasonal rental with 3 month minimum.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,636
Sqft
1.44 ac
Lot size
1
Garage
1975
Year built
One
Levels
$4
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$207 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$207/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Sarasota actives
$4 vs $393
Days on market
16 vs 85 typical
Where $4/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside South Palm Avenue Residents
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
South Palm Avenue Residents — neighborhood snapshot
Population
637
Median age
76
Median income
$138,472
Median home value
$1,023,600
Avg household
2
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
194 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the SARASOTA 34236 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 770 S PALM AVENUE UNIT 1001
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’26$685,000
770 S PALM AVENUE UNIT 904 · same community
2 bd · 2 ba · 1,636 sqft · $419/sqft · 26 DOM
Sold · Dec ’25$1,010,000
770 S PALM AVENUE UNIT 604 · same community
2 bd · 2 ba · 1,636 sqft · $617/sqft · 26 DOM
Sold · Jan ’26$750,000
770 S PALM AVENUE UNIT 203 · same community
2 bd · 2 ba · 1,477 sqft · $508/sqft · 27 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Elizabeth Elliott
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 770 S PALM AVENUE UNIT 1001 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 770 S PALM AVENUE UNIT 1001 — before you fall in love.
See it in person
Schedule a tour
Live availability from Elizabeth's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
770 S PALM AVENUE UNIT 1001 FAQs
What would the monthly payment be for 770 S PALM AVENUE UNIT 1001?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $207/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 770 S PALM AVENUE UNIT 1001?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $6,500, this home is listed about 99% below the Sarasota median of $550,000. The market section on this page shows how the area is trending.
Which schools are assigned to 770 S PALM AVENUE UNIT 1001?+
Sarasota High School (high), Southside Elementary School (elementary), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the SARASOTA 34236 market on paper
$6,500 is 99% below the SARASOTA 34236 median of $799,000, and at $4/sqft it sits under the Sarasota average of $485.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Sarasota High School, Southside Elementary School, Booker Middle School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $10,000, now $6,500 — a $4K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Tammy Garner. MLS #A4706704.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Sarasota homes, in your inbox
Like 770 S PALM AVENUE UNIT 1001 but not quite? A daily digest of every new listing in Sarasota — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Elizabeth to ping you on any price or status change →