Listing Details for MLS #A4446224
401 S Palm Ave #402, Sarasota, Fl

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Residential Property - Condominium in Sarasota

Listing Price: $1,895,000 (Sale Pending) (Mortgage Calculator →)Days on Market: 322

Description of Property

Matterport 3D video now on the Virtual Tour link! Spectacular in every sense, this one-of-a-kind Savoy on Palm retreat in the heart of Downtown on Sarasota's Bayfront features incredible sunsets, extraordinary custom finishes, and an uncompromising focus on quality and elegant living. Custom designed with three en-suite bedrooms plus den/office, three baths and a gracious powder room, and living room with electric fireplace, the thoughtfully-configured 3600 sq. ft. floor plan balances private and social spaces. No expense has been spared in creating sophisticated living areas filled with beautiful wood built-ins, travertine floors, sound system, incredible closet space, and designer lighting. The host in you will appreciate this cook’s kitchen, equipped with Subzero/Wolf/Dacor/Bosch appliances, cabinetry by Poggenpohl and a butlers pantry with wine refrigerator for keeping champagne crisply chilled. Expansive bayside and city terraces. The private two-car garage is a rare amenity in this downtown setting. 3 zones of AC. The Savoy on Palm, a chic residential address, offers a private boutique setting for the ultimate in stylish city living. Residents enjoy concierge service, a tropical poolside oasis with 60' pool/spa, fitness center, social room, guest suite, private fenced dog walk for your four-legged family member, and a rooftop sunset terrace. Fully funded reserves. Sarasota is renowned as the cultural capital of Florida, with its pristine powder soft beaches, restaurants, shops, marinas, golf communities, and sporting events.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $2,211,423. This condominium is listed at about 86% of the average asking price. There are 14 3 bedroom/3 bath homes between $1,600,000 and $2,200,000 currently listed for sale in this Zip code. See other listings like this one »

Unmatched elegance & unparalleled sophistication with glorious Sarasota Bay views. - MLS #A4446224 - SARASOTA
Living room with sitting area...a space with areas for jubilant gatherings, yet intimate enough for smaller parties and conversation. Custom built-ins surround a glowing Federal style electric fireplace. - MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA
Large terrace off of main living space. - MLS #A4446224 - SARASOTA
Little Sarasota Bay. - MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA
Morning room within kitchen space. - MLS #A4446224 - SARASOTA
Formal dining room, most floor plans in the building do not offer this space. - MLS #A4446224 - SARASOTA
Custom chefs kitchen featuring Poggenpohl hardwood cabinetry, beveled edge granite countertops, custom maple paneled Subzero side by side refrigeration, Dacor double wall ovens, Wolf natural gas range, hood and microwave. - MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA
Adjacent to the formal dining space, a large butler's pantry area boasts stainless steel refrigeration, Sub Zero wine cooler and ample storage. - MLS #A4446224 - SARASOTA
A relaxing palette of creams and muted blues wash away the day.  Floor to ceiling windows and doors flood the space with light and a large adjoining private sitting area affords the perfect place to unwind. - MLS #A4446224 - SARASOTA
Master bath features: Travertine tile surround, large jetted Kohler soaking tub, dual sinks with his & her split design, glass enclosed shower & private toilet closet. - MLS #A4446224 - SARASOTA
Guest Bedroom | A richly appointed guest bedroom with private ensuite full bathroom.  City views bring the outside into the large a and comfortable space.  Access to the large guest terrace. - MLS #A4446224 - SARASOTA
Guest Bathroom with the finest of finishes...walnut cabinetry, Travertine tile and granite countertops. - MLS #A4446224 - SARASOTA
Guest Bedroom | Currently being utilized as a study, the room is large and bright with access to the guest terrace.  2 walls of custom cabinetry afford ample amounts of storage. - MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA
Second ensuite guest bathroom features a full height marble walk-in shower with a glass door and granite countertops. - MLS #A4446224 - SARASOTA
Home office, centrally located within the residence. Richly appointed with the finest of finishes and fabrics, the relaxing space features a custom built-in in cream color cabinetry, custom dentil crown molding, custom sitting area and luxe hardwood flooring. - MLS #A4446224 - SARASOTA
Powder Room. - MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA
Heated 60 foot lap pool & spa. - MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA
Large outdoor summer kitchen. - MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA
Rooftop terrace. - MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA
Savoy on Palm lobby. - MLS #A4446224 - SARASOTA
State of the art private fitness room. - MLS #A4446224 - SARASOTA
Gathering salon with adjacent private sauna, massage space, library and catering room. - MLS #A4446224 - SARASOTA
MLS #A4446224 - SARASOTA

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: The Savoy On Palm / The Savoy On Palm
Bedrooms: 3
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 4,117
Sq. Ft. Living Area: 3,600
Cost per (heated) sqare foot: $526
Year built: 2006
Annual Tax: $16,669
Homestead: Yes. This property has homestead exemption. Property tax will be adjusted to reflect market value upon sale of the property.
Condo Fee: $7,613 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Cable TV
  • Community Pool
  • Escrow Reserves Fund
  • Gas
  • Insurance
  • Maintenance Exterior
  • Maintenance Grounds
  • Manager
  • Recreational Facilities
  • Security
  • Sewer
  • Trash
  • Water

Interior Features:

  • Built in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Eating Space In Kitchen
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Wet Bar
  • Window Treatments


  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Microwave
  • Range Hood
  • Refrigerator
  • Washer
  • Water Filtration System
  • Water Softener
  • Wine Refrigerator

Disaster Mitigation: Fire/Smoke Detection Integration

Fireplace: Yes
Fireplace Features: Electric, Living Room
Window Features: Blinds, Window Treatments

Additional Rooms:

  • Den/Library/Office
  • Family Room
  • Formal Dining Room Separate
  • Inside Utility


  • Carpet
  • Travertine
  • Wood

Laundry Features: Laundry Room


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

Pool & Waterfront Info

Private Pool: No
Spa Features: Heated, In Ground
Water Access: No
Water View: Yes
Water View: Bay/Harbor - Full

Exterior & Construction

Property Features: High Rise
Architectural Style: Custom
Rooms: 8
Construction: Block, Stucco
Foundation: Slab
Roof: Membrane

Exterior Features:
  • Balcony
  • Lighting
  • Sliding Doors

Garage: Yes
Garage Spaces: 2
Garage Dimensions: 23x20

Parking Features:
  • Circular Driveway
  • Garage Door Opener
  • Guest
  • Under Building

Floors Total: 11
Floors in Unit: One
Cooling: Central Air, Zoned

Heating & Fuel:
  • Central
  • Electric
  • Zoned

Patio & Porch Features: Covered, Patio

Security Features:

  • Fire Sprinkler System
  • Key Card Entry
  • Secured Garage / Parking
  • Smoke Detector(s)

View: City, Water


  • BB/HS Internet Available
  • Cable Connected
  • Street Lights

Sewer: Public Sewer
Water Source: Public

Community Features:

  • Association Recreation - Owned
  • Buyer Approval Required
  • Deed Restrictions
  • Fitness
  • Pool

Lot Information

Lot Features:

  • Flood Zone
  • In City Limits
  • Sidewalk

Flood Zone Code: AE
Flood Zone Date: 2016-11-04
Flood Zone Panel: 12115C0133F
Acreage Description: Non-Applicable
Front Exposure: West

Legal Description & Other Information

Financing Available: Cash, Conventional
Pets Allowed/Pet Policies: Number Limit, Size Limit
Number of Pets: 2
Pet Size Permitted: Medium (36-60 Lbs.)
Max Pet Weight Permitted: 50
Zoning: DTE
Tax Legal Desc.: UNIT 402, SAVOY ON PALM THE
Parcel Number: 2027115003
Disclosures: Condominium Disclosure Available, Seller Property Disclosure
Section: 19
Range: 18
Township: 36



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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