941-235-7474

Listing Details for MLS #A4689269
401 S Palm Avenue Unit 1102, Sarasota, Fl

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    Residential Property - Condominium in Sarasota

    Listing Price: $5,675,000 (Mortgage Calculator →)

    Description of Property

    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.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $3,822,101. This condominium is listed at about 148% of the average asking price. There are 8 3 bedroom/3 bath homes between $5,000,000 and $6,400,000 currently listed for sale in this Zip code. See other listings like this one »

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    Bedrooms: 3
    Bathrooms: 3
    Half Baths: 1
    Sq. Ft. Gross: 5,001
    Garage: Yes3 vehicles
    Carport: No
    Parking Features: Under Building
    Pool Featuress: Lap
    Spa Features: Heated
    Community Pool: Yes

     

    Property Details At A Glance

    Property Type: Residential
    Property Use or Sub Type: Condominium
    City: Sarasota
    County: Sarasota
    Subdivision: The Savoy On Palm
    Bedrooms: 3
    Bathrooms: 3
    Half Baths: 1
    Sq. Ft. Gross: 5,001
    Sq. Ft. Living Area: 4,385
    Cost per (heated) sqare foot: $1,294
    Year built: 2006
    Annual Tax: $44,993

    Condo Fee: $14,607 Quarterly
    Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

    Association Fee Includes:

    • Water

    Interior Features: Walk-In Closet(s)
    Appliances: Water Filtration System

    Window Features: Window Treatments

    Additional Rooms: Storage Rooms

    Flooring: Porcelain Tile

    Laundry Features: Laundry Room

    Schools

    Elementary School: Southside Elementary
    Middle/Junior High School: Booker Middle
    High School: Sarasota High

    Pool & Waterfront Info

    Private Pool: Not specified
    Pool Features: Lap
    Spa Features: Heated
    Water Name: SARASOTA BAY

    Exterior & Construction

    Architectural Style: Contemporary
    Construction: Stucco
    Foundation: Stilt/On Piling
    Roof: Membrane
    Exterior Features: Storage
    Garage: Yes
    Garage Spaces: 3
    Parking Features: Under Building
    Floors Total: 11
    Floors in Unit: One
    Cooling: Zoned
    Heating & Fuel: Zoned
    Security Features: Smoke Detector(s)
    View: Water

    Utilities: Street Lights
    Sewer: Public Sewer
    Water Source: Public
    Community Features: Pool
    Association Amenities: Storage

    Lot Information

    Lot Features: Sidewalk
    Front Exposure: West

    Legal Description & Other Information

    Financing Available: Conventional
    Parcel Number: 2027115024
    Zoning: DTE
    Pets Allowed/Pet Policies: Yes
    Tax Legal Desc.: UNIT 1102, SAVOY ON PALM THE
    Section: 19
    Range: 18E

     

    Map

     

    Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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