Skip main navigation
Off market
  • $2,521,500

    401 S Palm Ave Unit 603, Sarasota, FL 34236

    3beds
    2,975sqft
    Condominium
    Built in 2006
    -- sqft lot
    $2,521,500 Zestimate®
    $848/sqft
    $7,595 Estimated rent

    Home value

    $2,521,500

    $2.24M - $2.82M

    $7,595/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $7,595/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $7,595/mo

    Rent Zestimate®

    Refinance and save

    $18,181/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $18,181/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Walls of glass in large living and dining areas allow gorgeous views of Sarasota Bay and offer abundant light in this private, 2975 sq ft of understated elegance in The Savoy on Palm. The elevator opens to your private foyer. Beautiful wood floors throughout lead to an expansive balcony. Entertain in style with gas cooking in the custom designed Poggenpohl eat-in kitchen with Subzero, Dacor and Wolf appliances and a center island. The master suite is a lovely retreat with floor to ceiling windows and large master bath. The 2 guest bedrooms are ensuite with walk-in closets and beautiful views. The Savoy on Palm offers exceptional amenities for its 24 residential units--including a fitness center, a private massage room, a social room with full bar and adjacent catering kitchen, a dog walk, a rooftop terrace, a 2 room guest suite, and concierge services. The 60 ft pool and spa are combined with a gathering area around an outdoor kitchen and bar with twin Wolf gas grills, owner parking is in a secure private 2 car garage. Enjoy the excitement of downtown. It's at your doorstep!

    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.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • central, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Walk-In Closet(s), Solid Wood Cabinets, Thermostat, Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
    • Flooring: Hardwood
    • Windows: Window Treatments
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 2,975 sqft

    Property

    Parking
    • Parking features: Garage, Open
    Features
    • Levels: One
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Features: In City Limits, Sidewalk, Street Paved
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 2027115010
    • Zoning: DTE

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Condominium
    Materials
    • masonry
    • Foundation: Piling
    • Roof: Other
    Condition
    • Year built: 2006

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Public, Street Lights, Cable Connected

    Community & HOA

    Community
    • Security: Secured Garage / Parking, Smoke Detector(s), Security System, Fire Alarm, Fire Sprinkler System, Key Card Entry
    • Subdivision: THE SAVOY ON PALM
    HOA
    • Has HOA: Yes
    • Amenities included: Elevators, Fitness Center, Pool, Security, Spa/Hot Tub, Storage, Vehicle Restrictions, Sauna, Wheelchair Access
    • Services included: Community Pool, Maintenance Grounds, Security, Trash, Insurance, Maintenance Exterior, Maintenance Repairs, Pest Control, Pool Maintenance, Escrow Reserves Fund, Manager
    • HOA fee: $1,998 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $848/sqft
    • Tax assessed value: $2,179,300
    • Annual tax amount: $18,670
    • Ownership: Condominium

    Price history

    DateEventPrice
    3/12/2020Sold$2,100,000-4.5%$706/sqft
    Source: Stellar MLS #A4452262 Report a problem
    3/12/2020Listed for sale$2,200,000$739/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4452262 Report a problem
    12/16/2019Pending sale$2,200,000$739/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker #A4452262 Report a problem
    11/21/2019Listed for sale$2,200,000+67%$739/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4452262 Report a problem
    9/27/2006Sold$1,317,700$443/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,670 +5%$1,247,540 +2.9%
    2024$17,776 +2.8%$1,212,381 +3%
    2023$17,296 +2.6%$1,177,069 +3%
    2022$16,862 -0.9%$1,142,785 +3%
    2021$17,012 -5.3%$1,109,500 -2.8%
    2020$17,966 +2.6%$1,141,946 +2.3%
    2019$17,511 $1,116,272 +1.9%
    2018$17,511 +2.6%$1,095,458 +2.1%
    2017$17,062 -1.5%$1,072,927 -28.1%
    2016$17,320 $1,491,600 +3.7%
    2015$17,320 +0.1%$1,438,500 +41%
    2014$17,307 +0.2%$1,019,972
    2013$17,277 +3.9%$1,019,972 +1.7%
    2012$16,627 +4.9%$1,002,922 +3%
    2011$15,853 -0.4%$973,711 +1.5%
    2010$15,909 +2.6%$959,321 +2.7%
    2009$15,506 $934,100 -6.4%
    2008$15,506 -14.7%$997,900 -10.9%
    2007$18,180 $1,120,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Booker Middle
    • High: Sarasota High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    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
    $2,521,500
    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
    $2,521,500