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Off market
  • $2,515,600

    401 S Palm Ave Unit 401, Sarasota, FL 34236

    3beds
    3,172sqft
    Condo
    Built in 2006
    -- sqft lot
    $2,515,600 Zestimate®
    $793/sqft
    $7,824 Estimated rent

    Home value

    $2,515,600

    $2.26M - $2.79M

    $7,824/mo

    Zestimate® history
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    Owner options

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    $7,824/mo

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    $7,824/mo

    Rent Zestimate®

    Refinance and save

    $16,157/mo

    Est. payment

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    $16,157/mo

    Est. payment

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    What's special

    Spectacular from the moment you turn onto Palm Ave, this breath-taking tree lined street has an amazing feel and the well-known, The Savoy on Palm is found on this fabulous street. The Savoy on Palm is within the heart of Downtown Sarasota Bayfront. The Savoy is spectacular in every sense; it is a one-of-a-kind building that offers elegant living to its residents. From the moment you step into the complex you can see the exquisite details and design. Step into the elevator and arrive at the private foyer. Once you step into the residence you will notice the beautiful wood floors which lead you to an amazing living space that has a grand balcony. Throughout the residences you will see walls of glass which offer an abundance of light plus views, views, and more views. The city lights, the tall buildings, the bay, the trees can be seen from every room. The master suite is an incredible place to retreat and relax with floor to ceiling windows and a grand master bathroom. There are two additional en-suite bedrooms plus a den/office/library with an additional half bath. The residence is an incredible place to entertain, the kitchen is set for a chef and offers plenty of space and storage. There are balconies on the west side of the residences and also on the east side of the residences. Owner parking is in a private two car garage which is extremely RARE for downtown. The Savoy on Palm offers it's 24 residences exceptional amenities; a fitness center, a private massage room, a social room with a full bar and adjacent catering kitchen, a living room space for gatherings, saunas, pool, outdoor kitchen with a grill, a roof top terrace, a dog walk for your little furry friend, and concierge services. This building offers maintenance free, carefree living at its best. Steps away from the incredible restaurants of downtown Sarasota, cultural attractions, shopping, the bay and more. This is a must see. Call today to schedule your private tour.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • central
    Cooling
    • Central
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 3,172 sqft

    Property

    Parking
    • Parking features: Garage, Open
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 2027115002

    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: $793/sqft
    • Tax assessed value: $2,039,300
    • Annual tax amount: $30,494

    Price history

    DateEventPrice
    4/13/2023Sold$2,449,900$772/sqft
    Source: Public Record Report a problem
    1/30/2023Pending sale$2,449,900$772/sqft
    Source: Stellar MLS #A4558716 Report a problem
    1/26/2023Listed for sale$2,449,900+120.1%$772/sqft
    Source: Stellar MLS #A4558716 Report a problem
    7/12/2006Sold$1,113,300$351/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$30,494 -0.3%$2,039,300 -2.2%
    2024$30,574 +82.6%$2,085,100 +82.6%
    2023$16,746 +2.2%$1,142,049 +3%
    2022$16,381 -0.9%$1,108,785 +3%
    2021$16,523 -1.2%$1,076,490 +1.4%
    2020$16,716 +2.6%$1,061,627 +2.3%
    2019$16,293 $1,037,759 +1.9%
    2018$16,293 +1.6%$1,018,409 +2.1%
    2017$16,032 -0.1%$997,462 -31.8%
    2016$16,056 $1,462,800 +3.7%
    2015$16,056 +0.1%$1,410,800 +48.8%
    2014$16,043 +0.2%$948,232
    2013$16,015 +3.9%$948,232 +1.7%
    2012$15,411 +4.5%$932,382 +3%
    2011$14,754 +0.1%$905,225 +1.5%
    2010$14,744 +2.6%$891,847 +2.7%
    2009$14,374 $868,400 -6.4%
    2008$14,374 -13.6%$927,800 -11.6%
    2007$16,645 $1,050,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,515,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,515,600