Discover an exquisite oasis in the prestigious Savoy in Sarasota, an intimate, amenity-rich community of just 24 units in sought-after downtown. This remarkable 3BR, 4th floor corner residence lives like a private single-family home with thick, virtually sound-proof walls, 270 degrees of stunning city, Bay and Gulf views, 3 large balconies, a private 2-car garage and other remarkable features that make it simply incomparable. Inside, you'll find an inviting living space filled with natural light and a welcoming ambiance, thanks to high ceilings, all new cashmere-stained maple hardwood floors throughout and expansive windows. Each of the 3 bedrooms boasts a walk-in closet and full bath, with one currently configured as an office and one as a den. The stylish, modern kitchen is a chef's dream, featuring state-of-the-art appointments and a large island with kitchen sink with a motion sensor faucet, built-in soap dispenser, and hot/cold filtered water dispenser. With complementing wood grain tile floors, the 3 terraces provide ample outdoor space with east, south or west views. Enjoy shaded evenings in the summer, colorful sunsets during fall, winter, and spring, and spectacular 4th of July fireworks from your balcony. The Savoy staff is always kind and welcoming, and the community is resplendent with resort conveniences, including a rooftop deck with summer kitchen, a lower deck with summer kitchen, gas grills, private massage/treatment room, private lounge, pool, fitness center plus a 1BR/1BA guest suite. Delight in the vibrancy of your downtown location, with E-bike and scooter ride-share options just steps away, a Saturday farmers market 2 blocks away, and weekly arts festivals and boat shows within 2 blocks during the season. Furnishings and artwork available outside the real estate.
Sold for $2,995,001
$2,995,001
401 S PALM AVENUE #403, SARASOTA, FL 34236
3beds
2,975sqft
Condominium
Built in 2006
-- sqft lot
$2,779,100 Zestimate®
$1,007/sqft
$7,954 Estimated rent
Home value
$2,779,100
$2.53M - $3.06M
$7,954/mo
Zestimate® history
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List your homeWhat's special
Private loungeSummer kitchenGas grillsHigh ceilingsModern kitchenExpansive windowsPrestigious savoy in sarasota
Zillow last checked:
Listing updated:
Listed by:
Ryan Ackerman, PA 305-205-7700,
COLDWELL BANKER REALTY 941-383-6411
Bought with:
Michelle Beaudoin, 3296037
KW COASTAL LIVING III
Source: Stellar MLS,MLS#: A4582722
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Den/Library/Office, Great Room, Utility Room
Primary bedroom
- Features: Dual Sinks, En Suite Bathroom, Makeup/Vanity Space, Split Vanities, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
- Level: First
- Dimensions: 16x17
Bedroom 1
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Dimensions: 13x13
Bedroom 2
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Dimensions: 14x15
Balcony porch lanai
- Level: First
- Dimensions: 11x27
Balcony porch lanai
- Level: First
- Dimensions: 10x14
Dining room
- Level: First
- Dimensions: 12x16
Kitchen
- Features: Breakfast Bar, Built-In Shelving, Pantry, Kitchen Island, Stone Counters
- Level: First
- Dimensions: 18x18
Living room
- Level: First
- Dimensions: 20x20
Heating
- Central, Electric, Natural Gas
Cooling
- Central Air, Zoned
Appliances
- Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Laundry: Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
- Flooring: Porcelain Tile, Tile, Hardwood
- Doors: Sliding Doors
- Windows: Blinds
- Has fireplace: No
- Common walls with other units/homes: Corner Unit,End Unit
Interior area
- Total structure area: 3,450
- Total interior livable area: 2,975 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Covered, Deeded, Garage Door Opener, Ground Level, Guest, Under Building
- Attached garage spaces: 2
- Details: Garage Dimensions: 23x20
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Rear Porch
- Exterior features: Balcony, Storage
- Pool features: Heated, Lighting
- Has view: Yes
- View description: City, Park/Greenbelt, Water, Bay/Harbor - Full, Bay/Harbor - Partial, Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full,Bay/Harbor - Partial,Gulf/Ocean - Partial
- Body of water: SARASOTA BAY / GULF OF MEXICO
Lot
- Features: FloodZone
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Additional structures: Storage
- Parcel number: 2027115004
- Zoning: DTE
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary,Custom,Other
- Property subtype: Condominium
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Public, Water Connected
Community & HOA
Community
- Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, Pool
- Security: Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: THE SAVOY ON PALM
HOA
- Has HOA: No
- Amenities included: Clubhouse, Elevator(s), Fitness Center, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage
- Services included: Common Area Taxes, Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
- HOA fee: $2,668 monthly
- HOA name: Bill Veal
- HOA phone: 941-951-2800
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $1,007/sqft
- Tax assessed value: $2,255,200
- Annual tax amount: $21,855
- Date on market: 9/18/2023
- Cumulative days on market: 22 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2023 | Sold | $2,995,001+0%$1,007/sqft |
Source:  Stellar MLS #A4582722 Report a problem | ||
| 10/11/2023 | Pending sale | $2,995,000$1,007/sqft |
Source: Stellar MLS #A4582722 Report a problem | ||
| 9/18/2023 | Listed for sale | $2,995,000+65.5%$1,007/sqft |
Source: Stellar MLS #A4582722 Report a problem | ||
| 1/24/2020 | Sold | $1,810,000+0.8%$608/sqft |
Source: Public Record Report a problem | ||
| 10/28/2019 | Pending sale | $1,795,000$603/sqft |
Source: Coldwell Banker Residential Real Estate - Longboat Key #A4447316 Report a problem | ||
| 9/27/2019 | Listed for sale | $1,795,000+28.7%$603/sqft |
Source: COLDWELL BANKER RES R E #A4447316 Report a problem | ||
| 9/22/2006 | Sold | $1,394,700$469/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $29,102 +4.9% | $1,948,572 +2.9% |
| 2024 | $27,738 +23.9% | $1,893,656 +24.3% |
| 2023 | $22,389 +2.4% | $1,523,028 +3% |
| 2022 | $21,855 -1% | $1,478,668 +3% |
| 2021 | $22,069 +35.7% | $1,435,600 +38.7% |
| 2020 | $16,260 +2.6% | $1,034,854 +2.3% |
| 2019 | $15,847 | $1,011,587 +1.9% |
| 2018 | $15,847 +1.6% | $992,725 +2.1% |
| 2017 | $15,594 -0.5% | $972,307 -30.2% |
| 2016 | $15,673 | $1,392,400 +3.7% |
| 2015 | $15,673 +0.1% | $1,342,900 +45.3% |
| 2014 | $15,660 +0.2% | $924,319 |
| 2013 | $15,632 +3.9% | $924,319 +1.7% |
| 2012 | $15,044 +4.9% | $908,868 +3% |
| 2011 | $14,338 -0.4% | $882,396 +1.5% |
| 2010 | $14,394 +2.6% | $869,356 +2.7% |
| 2009 | $14,034 | $846,500 -6.4% |
| 2008 | $14,034 -13.4% | $904,400 -11.3% |
| 2007 | $16,197 | $1,020,000 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 10/10Southside Elementary SchoolGrades: K-5Distance: 1.7 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 2.6 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Southside Elementary
- Middle: Brookside Middle
- High: Sarasota High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,779,100
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
$2,779,100
- Florida
- Sarasota County
- Sarasota
- 34236
- Downtown
- 401 S PALM AVENUE Unit 403
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