505 S Orange Ave # 501, Sarasota, FL 34236

$1,695,000

Reduced By $200,000
last change 5/27/2025

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29 May

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Home Description

KANAYA, a boutique building just steps away from the vibrant cultural epicenter of downtown Sarasota, where luxury, lifestyle, and location converge. This northwestern-facing 5th-floor corner end unit features 3,003 square feet, 3 bedrooms, 3.5 baths, and an office/den with stunning views of Downtown Sarasota and Sarasota Bay. A private elevator delivers you to a private vestibule/foyer, setting the stage for a warm welcome. The open flow dining/living area is perfect for entertaining, leading out to the expansive balcony where you can take in the Florida breeze and feel the energy of Burns Court and Laurel Park below. The kitchen's spacious layout allows everyone to enjoy watching culinary creations come to life. The private primary suite includes a 13x10 private study, ideal for those working remotely and needing privacy. The entire condo is wired with Cat 5e ethernet cables for the fastest and most efficient connectivity. The spacious suite features 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 also have access to a private balcony. Kanaya is an exclusive, secure building with a Butterfly MX smart intercom system, a cloud-based access controller that works whether you’re onsite or remote. Kanaya amenities include a magnificent 16th-floor rooftop lounge with showstopping panoramic views of the barrier islands, downtown Sarasota, bayfront, and 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 spaces and two storage rooms, plus extra bike storage for all your toys. The Burns Court district provides easy access to eateries, a movie theater, yoga studio, and trendy boutiques. Barrier islands like 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!