Additional Information
Additional Lease Restrictions
Lease needs to be approved by the board, with a minimum of 3-month term, 2 times a year only. See Section 22 of the Declaration of Condominium and Rules and Regulations. No unit owner may lease or rent their unit without the approval of the Association.
Additional Parcels YN
false
Additional Rooms
Den/Library/Office, Inside Utility, Storage Rooms
Appliances
Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Approval Process
See condo Docs & Buyers application for purchase
Association Amenities
Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Storage
Association Approval Required YN
1
Association Email
KANCONDO@CiraMail.com
Association Fee Includes
Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Sewer, Trash, Water
Building Area Source
Builder
Building Area Total Srch SqM
318.38
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
532.80
Community Features
Buyer Approval Required, Fitness Center, Pool, Sidewalks, Wheelchair Access
Construction Materials
Block, Stucco
Contract Status
Inspections
Cumulative Days On Market
45
Elementary School
Southside Elementary
Expected Closing Date
2026-01-02T00:00:00.000
Exterior Features
Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Sidewalk, Sliding Doors
Flooring
Concrete, Reclaimed Wood, Tile, Wood
Interior Features
Ceiling Fans(s), Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Laundry Features
Inside, Laundry Room
List AOR
Sarasota - Manatee
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Features
Near Public Transit, Sidewalk
Middle Or Junior School
Booker Middle
Modification Timestamp
2025-11-29T15:00:09.981Z
Monthly Condo Fee Amount
2322
Other Structures
Outdoor Kitchen
Patio And Porch Features
Patio, Side Porch
Pet Restrictions
See Condo rules and verify with the condo association.
Pet Size
Large (61-100 Lbs.)
Pets Allowed
Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes
Previous List Price
1689000
Price Change Timestamp
2025-11-18T01:56:53.000Z
Property Condition
Completed
Public Remarks
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Hidden Gem in Downtown Sarasota – Boutique Luxury Living at Kanaya Rare 5th-floor NW-facing corner residence in one of Sarasota’s most sought-after boutique buildings. Over 3, 000 sq. ft. of light-filled space with 3 bedrooms, 3.5 baths, private office/den, and two balconies plus access to the best rooftop terrace in Downtown Sarasota. Feels like a single-family home with extra square footage, superior soundproofing, and privacy. Features include a semi-private elevator, two deeded garage spaces, two private storage rooms, smart home wiring, and whole-building generator backup. Freshly painted interiors, open-concept layout, and a refreshed kitchen with abundant storage. Owner’s suite offers spa-style bath, walk-in closet, and flex space with balcony access. Guest suites have en-suite baths and private balconies. Resort-style amenities: 60-ft heated lap pool, rooftop terrace, yoga room, sauna, fitness center, and indoor lounge. Pet-friendly, financially solid building with Milestone Inspection completed. Leave the car parked and walk everywhere—Marina Jack, Selby Gardens, Whole Foods, theaters, restaurants, farmers market, and First Friday events—without the noise and congestion. Now vacant and move-in ready for season. Owners are motivated; recent price reduction reflects exceptional value. Kanaya Sarasota: Where lifestyle meets location.
Purchase Contract Date
2025-11-28
RATIO Current Price By Calculated SqFt
532.80
Realtor Info
Brochure Available, Docs Available, Engineering Report, Floor Plan Available
SW Subdiv Community Name
Kanaya
Security Features
Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Security Gate, Security Lights, Smoke Detector(s)
Showing Requirements
Appointment Only, Listing Agent Must Accompany, Locked Gate, See Remarks, ShowingTime
Status Change Timestamp
2025-11-29T14:59:56.000Z
Tax Legal Description
UNIT 501, KANAYA
Total Acreage
Non-Applicable
Total Annual Fees
27860.00
Total Monthly Fees
2321.67
Universal Property Id
US-12115-N-2027104008-S-501
Unparsed Address
505 S ORANGE AVE #501
Utilities
Cable Available, Electricity Available, Electricity Connected, Fire Hydrant, Public
Vegetation
Trees/Landscaped
Water Body Name
SARASOTA BAY, INTRACOASTAL
Water View
Bay/Harbor - Partial, Gulf/Ocean - Partial, Intracoastal Waterway, Marina
Window Features
Storm Window(s), Shutters
