401 S PALM AVENUE 1102 Sarasota, FL $ 5,675,000
401 S PALM AVENUE 1102
$ 5,675,000
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401 S PALM AVENUE 1102

Sarasota, FL, 34236
$ 5,675,000
Bedrooms3 Baths3.1 Sq 4,385

Monthly Estimate*

$ 34,942

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Condo for sale in Sarasota, FL

for $5,675,000 with 3 bedrooms and 3 full baths, 1 half bath. This 4,385 square foot condo was built in 2006.

Welcome to the premier offering at the Savoy—an extraordinary, one-of-a-kind penthouse with sweeping Sarasota Bay views, set along coveted, tree-lined South Palm Avenue and rising 11 stories above downtown, where elevated design meets refined living. Fully renovated and expertly designed by the current owner, this remarkable 4,385 sf home offers 4 private terraces and an unmatched indoor-outdoor living experience, all enhanced by seamless smart home integration. From the moment you arrive at your private elevator foyer, you are welcomed by custom glass double doors with genuine leather handles, set against a striking backdrop for the owner’s curated Chihuly glass collection. At the heart of the residence, the chef's kitchen is both striking and functional, appointed with Poggenpohl push-and-pull cabinetry, Wolf double ovens, Subzero refrigerator, Miele induction cooktop with gas burner, Miele hood, an impressive 5-inch granite island with breakfast bar, a matching granite dining table, and beautiful bar with Subzero wine refrigerator. Imported Italian porcelain tile flows throughout, creating a cohesive and sophisticated backdrop for everyday living and entertaining. Rich suede finishes, bespoke lighting throughout, custom wall coverings, and expansive walls of glass define the interiors, bathing the home in natural light while framing breathtaking panoramic Bay and City views from every angle. Designed for effortless entertaining, the top-level expansive newly tiled terrace is the perfect spot for cooking on your gas grill and enjoying all fresco dining and the sweeping skyline vistas. The serene and spacious primary suite features a spa-like bath with his and her vanities with integrated smart mirror TV displays, custom mosaic tile, tile and glass shower, and free-form 2 person Jacuzzi tub with air jets where you can relax and take in the incredible view. Guests enjoy a private and sumptuous guest suite with en-suite bath which easily functions as a second primary suite. The 3rd bedroom is currently used as an office with high-end custom built-ins perfect for productivity. The spacious living and family rooms both feature media centers with rich piano-gloss wood paneling. The smart-home residence features modern conveniences which elevate daily living such as custom walk-in closets with sensor-activated lighting, integrated motorized window treatments, automatic lighting and whole home Sonos audio, and is equipped with three A/C units, new digital Essency water heater, and Aquasana whole house water filtration system, ensuring comfort and peace of mind. Rare private 3 car garage with EV charger with 1 section that has been enclosed and air conditioned. Residents of the 24-unit Savoy enjoy an array of upscale amenities, including heated lap pool and spa, concierge and full time on-site manager, guest suite, towel service, locker rooms with sauna, a dog run, grilling area and catering kitchen, building water softener, secure parking, and elegant gathering spaces designed for hosting and connection. Located just steps from Sarasota's Main Street, Burns Court, the Bayfront, and Selby Gardens, this exceptional penthouse offering simply cannot be replicated.

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Condo Active

Price

$ 5,675,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Condo

Taxes

$ 44,993

Style

Contemporary

Year Built

2006

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4689269

Features
General
Sewer Public Sewer
Heating Central Electric Zoned
Cooling Central Air Zoned
Utilities BB/HS Internet Available Cable Connected Natural Gas Available Public Street Lights
Roof Membrane
Appliances Bar Fridge Built-In Oven Cooktop Dishwasher Disposal Dryer Electric Water Heater Microwave Range Hood Refrigerator Water Filtration System
Zoning DTE
Garage Spaces 3
Association Fee Includes Cable TV Community Pool Escrow Reserves Fund Gas Insurance Internet Maintenance Structure Maintenance Grounds Manager Pest Control Pool Maintenance Recreational Facilities Security Sewer Trash Water
Architectural Style Contemporary
Pool Features Heated Lap
Security Features Fire Alarm Fire Sprinkler System Gated Community Key Card Entry Smoke Detector(s)
Construction Materials Block Stucco
Pets Allowed Yes
Year Built 2006
View Water
Levels One
Unit Number 1102
Property Subtype Condominium
Tax Year 2025
Ownership Condominium
Community Features Association Recreation - Owned Buyer Approval Required Deed Restrictions Fitness Center Pool
County Sarasota
New Construction false
Property Type Residential
Association Amenities Cable TV Elevator(s) Fitness Center Lobby Key Required Pool Sauna Security Spa/Hot Tub Storage
Attached Garage true
Subdivision Name THE SAVOY ON PALM
Facing Direction West
Garage Y/N true
Total Rooms 8
Full Baths 3
Status Active
Directions South on Ringling on Palm Avenue.
High School Sarasota High
City SARASOTA
Body of Water SARASOTA BAY
Association Name Bill Veal
Senior Community Y/N false
MLS Area 34236 - Sarasota
Lot Size Square Feet 0
Carport Y/N false
Listing Terms Cash Conventional
Spa Features Heated
Elementary School Southside Elementary
Land Lease Y/N false
Tax Annual Amount 44993
Middle/Junior High School Booker Middle
Property Condition Completed
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 Owner
Tax Lot 0
Legal Description UNIT 1102 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 4869
HOA Monthly Maintenance 0
Additional Rooms Family Room Inside Utility Storage Rooms
Water View Y/N true
Flood Zone Code AE X
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Interior
Interior Amenities Built-in Features Dry Bar Eating Space In Kitchen Open Floorplan Primary Bedroom Main Floor Solid Wood Cabinets Split Bedroom Stone Counters Walk-In Closet(s)
Flooring Carpet Porcelain Tile
Furnished Y/N Unfurnished
Total Stories 11
Common Walls Corner Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s) Window Treatments
Fireplace Y/N false
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 3
Total Baths 4
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Exterior
Exterior Amenities Balcony Sliding Doors Storage
Parking Features Circular Driveway Deeded Electric Vehicle Charging Station(s) Guest On Street Under Building
Lot Features City Lot Landscaped Near Marina Near Public Transit Sidewalk
Water Source Public
Foundation Details Stilt/On Piling
Spa true
Building Area Total 5001
Lot Size Acres 0
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 3
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* Excluded Features
List By
Michael Saunders & Company

Broker

lenoretreiman@michaelsaunders.com

Email

Affordability Calculator

$38,691
Per Month
90%
10%
0%
Monthly Principal & Interest
$34,942
Monthly Property Taxes
$3,749
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/1/2026$5,675,000 Listed Price

Map


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401 S PALM AVENUE 1102, Sarasota, FL, 34236 is a Condo for sale at $5,675,000 with 4,385 sqft. 401 S PALM AVENUE 1102 has 3 bedrooms, 3.1 baths, and was built in 2006. The property's zip code is 34236 which is in Sarasota, FL