LKV Realty
Logo
$2,995,000
$6,800Reward *
401 S PALM Avenue Unit 801, Sarasota, FL 34236Listing ID A4642881

401 S PALM Avenue Unit 801, Sarasota, FL 34236

Active
THE SAVOY ON PALM
Time on site: 532 daysLast updated: Jul 23, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Condominium
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
4
Square Feet
Square Feet
3,172
Days on Site
Days on Site
532
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Central
Year Built
Year Built
2006
Stories
Stories
1
Garages
Garages
2
Parking
Parking
Assigned, Covered, Garage, Garage Door Opener, On Street

One or more photo(s) has been virtually staged. The Savoy is considered to be among the most sophisticated buildings in all of downtown Sarasota. Located on the idyllic tree-lined Palm Avenue, this building is highly sought after for its beauty, security, and luxury lifestyle. The walkability to Main Street whilst being tucked away on a quiet tree-lined street is rarely attainable. This residence is one of only 24 units in this beautiful location offering an exceptional standard of living. This 8th floor corner residence spans three ensuite bedrooms with spectacular unobstructed water and city views and detailed features to complement luxury living. From the private elevator access and large entry foyer, double doors open to a generous floorplan of more than 3,170 square feet with floor to ceiling windows that meet tall cove ceilings and crown molding for remarkably elegant style. Full height sliding doors offer seamless access to the deep private terraces to accommodate additional seating and entertaining space. Through a massive window and doors that open to the primary terrace, the chef's kitchen and breakfast nook with adjacent counter seating look directly out to Sarasota Bay. The kitchen is laid out perfectly to showcase the views and maximize prep and entertaining space. The owners suite is a light-filled oasis that enjoys direct access to the main terrace and picture-perfect views of Sarasota Bay. In addition to the dual walk-in closets, the adjoining bath is spacious with dual vanities, a soaker tub and large walk-in shower. The two additional ensuite bedrooms, located on the opposite side of the residence to ensure privacy and comfort for owners and guests, enjoy direct access to a shared terrace with magnificent sunrise views overlooking historic Burns Court. A wonderful bonus den/TV room can serve as additional office space if desired. The powder room and utility room with washer/dryer/sink and storage space add value and convenience to this amazing home in the sky. Enjoy views of Sarasota Bay and Downtown Sarasota from the two covered terraces. This residence has a separate enclosed 2 car garage and large storage unit. The Savoy offers remarkable amenities that include concierge services, two guest suites, secure garage parking and storage, a fabulous rooftop terrace, pool with lushly landscaped lounge area with grills, library, rooftop seating, community room and entertaining area with catering kitchen. A testament to the solidity of the building is that the manager has been on site almost since the building has been occupied. It is an exclusive retreat in the heart of Downtown Sarasota, with immediate access to the waterfront and Sarasota Bay, Selby Gardens, and the city's cosmopolitan shops and restaurants. The Seller will entertain the possibility of a Lease-Purchase.

Property Information

Property Details

Location

Address
401 S PALM Avenue
County
Sarasota
City
Sarasota
Zip Code
34236
Subdivision
THE SAVOY ON PALM
High School
Sarasota High
Elementary School
Southside Elementary
MLS Area
34236 - Sarasota

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
3
Half Bathrooms
1

Building

Building Information

Square Feet
3,172
Year Built
2006
Stories
1
Construction
Stucco
Foundation
Pillar/Post/Pier
Roof
Concrete
Condition
New Construction

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$26,723
Tax Year
2024
MICHAEL SAUNDERS & COMPANY, (941) 951-6660

Market Report for 34236

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

281500596