401 S PALM AVENUE 801 Sarasota, FL $ 2,995,000
401 S PALM AVENUE 801
$ 2,995,000
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401 S PALM AVENUE 801

Sarasota, FL, 34236
$ 2,995,000
Bedrooms3 Baths3.1 Sq 3,172

Monthly Estimate*

$ 18,685

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Condo for sale in Sarasota, FL

for $2,995,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,172 square foot condo was built in 2006.

The Savoy is 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 3 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 owner’s 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, guest suite, 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.

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Condo Active

Price

$ 2,995,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Condo

Taxes

$ 26,920

Style

Contemporary

Year Built

2006

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4670548

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Phone Available Public Sewer Connected Street Lights Water Connected
Roof Concrete
Appliances Built-In Oven Cooktop Dishwasher Disposal Dryer Freezer Microwave Range Hood Refrigerator Washer Wine Refrigerator
Zoning DTE
Garage Spaces 2
Association Fee Includes Common Area Taxes Community Pool Escrow Reserves Fund Maintenance Structure Maintenance Grounds Pool Maintenance Recreational Facilities Security Sewer Trash Water
Patio/Porch Features Covered Patio
Architectural Style Contemporary
Security Features Closed Circuit Camera(s) Fire Alarm Fire Sprinkler System Gated Community Key Card Entry Smoke Detector(s)
Construction Materials Stucco
Pets Allowed Number Limit Yes
Year Built 2006
View City Water
Levels One
Unit Number 801
Property Subtype Condominium
Tax Year 2025
Ownership Condominium
Community Features Clubhouse Community Mailbox Fitness Center Gated Community - No Guard Pool Sidewalks
County Sarasota
New Construction false
Property Type Residential
Association Amenities Clubhouse Elevator(s) Fitness Center Gated Maintenance Pool Security Spa/Hot Tub Storage
Attached Garage true
Subdivision Name THE SAVOY ON PALM
Facing Direction Southwest
Garage Y/N true
Other Structures Storage
Total Rooms 8
Full Baths 3
Status Active
Directions South of Ringling on Palm Avenue.
High School Sarasota High
City SARASOTA
Body of Water SARASOTA BAY
Senior Community Y/N false
MLS Area 34236 - Sarasota
Lot Size Square Feet 0
Carport Y/N false
Spa Features Heated In Ground
Elementary School Southside Elementary
Land Lease Y/N false
Tax Annual Amount 26920.23
Middle/Junior High School Booker Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 0
Legal Description UNIT 801 SAVOY ON PALM THE
Water View Bay/Harbor - Full
Pet Size Limit Medium (36-60 Lbs.)
Minimum Lease 1-2 Years
Water Access Y/N false
Monthly Condo Fee Amount 3214
HOA Monthly Maintenance 0
Additional Rooms Storage Rooms
Water View Y/N true
Flood Zone Code X
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Eating Space In Kitchen Elevator High Ceilings Living Room/Dining Room Combo Solid Surface Counters Split Bedroom Thermostat Walk-In Closet(s) Window Treatments
Flooring Carpet Ceramic Tile Engineered Hardwood
Furnished Y/N Unfurnished
Total Stories 11
Common Walls Corner Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Shades
Fireplace Y/N false
Half Baths 1
Laundry Features Inside Laundry Room
Total Bedrooms 3
Total Baths 4
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Exterior
Exterior Amenities Balcony Sliding Doors
Vegetation Trees/Landscaped
Parking Features Assigned Garage Door Opener Ground Level On Street Reserved Under Building
Lot Features City Lot Landscaped Near Marina Near Public Transit Sidewalk
Water Source Public
Foundation Details Stilt/On Piling
Building Area Total 3172
Lot Size Acres 0
Road Surface Type Paved Concrete
Private Pool false
Waterfront Y/N false
Covered Spaces 2
Road Frontage Type Street Paved
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* Excluded Features
List By
Michael Saunders & Company

Broker

kimogilvie@michaelsaunders.com

Email

Affordability Calculator

$20,928
Per Month
89%
11%
0%
Monthly Principal & Interest
$18,685
Monthly Property Taxes
$2,243
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Sarasota High High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$2,995,000 Listed Price

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401 S PALM AVENUE 801, Sarasota, FL, 34236 is a Condo for sale at $2,995,000 with 3,172 sqft. 401 S PALM AVENUE 801 has 3 bedrooms, 3.1 baths, and was built in 2006. The property's zip code is 34236 which is in Sarasota, FL