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Off market
  • $5,151,600

    401 S Palm Ave Unit 1102, Sarasota, FL 34236

    3beds
    4,385sqft
    Condo
    Built in 2006
    -- sqft lot
    $5,151,600 Zestimate®
    $1,175/sqft
    $7,944 Estimated rent

    Home value

    $5,151,600

    $4.89M - $5.41M

    $7,944/mo

    Zestimate® history
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    $33,064/mo

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    What's special

    This exclusive, private, corner, 4400 sq.ft. bayfront penthouse in The Savoy on Palm is the epitome of contemporary custom designed luxury. Enter from your private elevator through unique glass doors to meticulously maintained, exquisite living and dining spaces and on to a spacious covered balcony with breathtaking Sarasota Bay views. Masterfully redesigned is the magnificent kitchen with top of the line Poggenpohl cabinetry, stunning granite and upscale appliances. Adjoining the kitchen is an elegant family room with balcony. Sparing no expense for pampering is the master suite featuring stunning light fixtures and an en-suite bath to rival five-star resorts with his-and-her sinks, and large marble enclosed shower. A deep jetted spa tub is situated in front of a large window looking out to the water below. The second expansive master suite is on the opposite side of the residence with private balcony and en-suite bathroom including deep soaking tub and large walk-in shower. The spacious third bedroom is being used as an office. Adding to ambiance and mood is a Nuvo sound system and Lutron Shade and lighting system throughout every room. All wall coverings, flooring, carpeting and contemporary chandeliers in dining room and master bedroom were custom designed for this residence. The home also includes a private garage with two electric chargers and a large, private air-conditioned storage room. This move-in ready home provides resort living superior to new construction.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • central, Heat pump
    Cooling
    • Central
    Features
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 4,385 sqft

    Property

    Parking
    • Parking features: Garage
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 2027115024

    Construction

    Type & style
    • Home type: Condo
    Materials
    • masonry
    • Foundation: Piling
    • Roof: Other
    Condition
    • Year built: 2006

    Community & HOA

    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,175/sqft
    • Tax assessed value: $3,724,700
    • Annual tax amount: $44,993

    Price history

    DateEventPrice
    7/13/2026Listing removed$5,675,000$1,294/sqft
    Source: Stellar MLS #A4689269 Report a problem
    5/1/2026Listed for sale$5,675,000+32.1%$1,294/sqft
    Source: Stellar MLS #A4689269 Report a problem
    4/25/2019Listing removed$4,295,000$979/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4403003 Report a problem
    9/20/2018Price change$4,295,000-4.4%$979/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4403003 Report a problem
    5/10/2018Listed for sale$4,495,000+109.1%$1,025/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4403003 Report a problem
    3/26/2012Sold$2,150,000-8.3%$490/sqft
    Source: Stellar MLS #A3943140 Report a problem
    3/10/2012Pending sale$2,345,000$535/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    12/23/2011Price change$2,345,000-9.6%$535/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    9/1/2011Price change$2,595,000+18%$592/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    8/27/2011Price change$2,200,000-15.2%$502/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    5/6/2011Listed for sale$2,595,000+6.1%$592/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    8/31/2006Sold$2,444,700$558/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$44,993 +4.9%$2,996,335 +2.9%
    2024$42,892 +2.6%$2,911,890 +3%
    2023$41,817 +2.3%$2,827,078 +3%
    2022$40,862 -1.1%$2,744,736 +3%
    2021$41,313 -1.2%$2,664,792 +1.4%
    2020$41,825 +0.4%$2,628,000 +0.2%
    2019$41,655 $2,623,790 +1.9%
    2018$41,655 +1.6%$2,574,868 +2.1%
    2017$41,003 -0.3%$2,521,908 -2.7%
    2016$41,143 $2,591,900 +3.7%
    2015$41,143 $2,499,600 +12.6%
    2014$41,143 +8.2%$2,220,829
    2013$38,037 +17.1%$2,220,829 +16.9%
    2012$32,480 -2.6%$1,899,000 -4.2%
    2011$33,334 -10.5%$1,983,000 +1.1%
    2010$37,254 +22%$1,961,300 +10%
    2009$30,534 $1,783,000 -6.4%
    2008$30,534 -10.9%$1,904,900 -10.4%
    2007$34,275 $2,125,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,151,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,151,600