Updated photos coming soon. Welcome to this 1-bedroom, 1-bathroom condo for rent in Sarasota Palms in Sarasota. With over 700 sq. ft. of living space, this pet-friendly home features an open-concept living area that opens onto a private screened balcony, perfect for enjoying the Florida weather. The kitchen offers hardwood cabinets, granite countertops, a breakfast bar, and stainless steel appliances, including a refrigerator, microwave, dishwasher, and range, and an in-unit washer/dryer adds everyday convenience. The spacious bedroom includes a sizable closet and private bath for added convenience.
Sarasota Palms is an amenity-rich community of nearly 250 condominiums near Tuttle Avenue and Fruitville Road, right next to Ed Smith Stadium, spring training home of the Baltimore Orioles. Residents enjoy a junior Olympic-size pool, tennis courts, a fitness center, a billiards room, a 25-seat theater room, and a clubhouse, all set among mature native landscaping and a large pond. You're minutes from downtown Sarasota's dining, shopping, and arts scene, with quick I-75 access via Fruitville Road, and the local beaches of Siesta Key and Lido Key.
Additional Fees And Rental Information: This property is professionally managed by PMI Southwest Florida.
Move-In Funds: Minimum 1st month rent, minimum 1 month security deposit and $100 application fee per adult. Included: Trash, and pest control. Tenant Responsible for: Electric and water. Pets: (2) pets accepted (cat or small dog) and cannot be over 35lbs. Pet rent is $25 per month/per pet plus additional pet security deposit of $250/pet.
Utilities: Tenant responsibility; Internet is included in rent.... HOA Application: This Unit requires an HOA application ($100/adult) and 2-week approval timeline. Parking: On-site parking, not assigned, need sticker.
(required) Resident Benefits Package: Includes insurance, air filter delivery, utility setup, credit building, and rent rewards for $39.95/mo.
Optional Premium (adds identity protection + pest control): $49.95/mo.
If you have your own insurance, your chosen package will be deducted by $11.95/mo.
(required) Pet Screening: Required for all applicants. No pets: free, just sign an acknowledgement form. Pet fees: $30 for the first pet, $25 for each additional. Assistance animals: no fees or deposits; approval must go through the screening service.
This property is professionally managed by PMI Southwest Florida. Crown Molding. Dual Sinks. Mature/Tropical Landscaping. Views. Pet Friendly, Stainless steel appliances, Dishwasher, Refrigerator, Open floor plan, Balcony, Microwave, Garbage disposal, Air conditioning, Parking available, Cable ready, Gated property, Elevator, Fitness center, Dogs ok, Cats ok, Pets negotiable, One year lease, Tenant pays water/sewer, Ceiling fans, Hardwood cabinets, Street parking, Trash removal included, No smoking, Swimming pool, Tennis court, 1 parking spot, Lawn care included, Stove/oven, Granite kitchen counters, Tile floors & Washer/dryer included.
1 day on RentalSource
RentalSource last checked: 23 hours ago · Listing updated: October 27, 2026
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.
Property Summary
Property Type:
Condo
Rental Fee:
$1,295
Bedrooms:
1 bed
Bathrooms:
1 bath
Size:
714 sqft
Pets:
Cats & dogs
Laundry:
In unit
Parking:
Yes
Available:
Inquire
ID:
84657135
Amenities
•Trash & Lawn Care Included
•Washer/Dryer In Unit
•Air Conditioning
•Parking
•Dishwasher
•Balcony/Patio
•Cable/Satellite TV
•Ceiling Fan
•Clubhouse
•Controlled Access
•Elevator
•Fitness Center
•Garbage Disposal
•Granite/Quartz Countertops
•High-Speed Internet
•Microwave
•Pool
•Refrigerator
•Smoke-Free
•Stainless Steel Appliances
•Tennis Court
•Tile Floors
Additional Details
This 1-bedroom, 1-bathroom condo at 2740 Coconut Bay Lane #3L in Sarasota, FL 34237 rents for $1,295 a month. It has 714 square feet and is pet friendly. 2740 Coconut Bay Lane #3L was advertised by Alexandra Stella on October 27, 2026.
How the Rent Compares
At $1,295 a month, this condo is below the typical rent for 1-bedroom apartments and condos in Sarasota (about $1,580).
Typical $1,580This home $1,295
$2,590
From 58 one-bedroom apartments and condos listed in Sarasota on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,580Typical rent for 1-bedroom apartments and condos in Sarasota
This home was last listed for rent on RentalSource from May to September 2024, ending at $1,500. Today's rent is $205 lower.
Rent history for this home, newest first
Date
Event
Rent
Change
October 27, 2026
Listed for rent
$1,295−13.7%
−13.7%
September 18, 2024
Listing removed
$1,500
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 2740 Coconut Bay Lane #3L?
Bedrooms
1 bedroom
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Recommended income
$51,800 /year
With your chosen rent-to-income ratio, an annual income of $51,800 is recommended to comfortably afford this 1-bedroom rental priced at $1,295 per month.