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$2,995,000
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Property Description
The Savoy is among the most sophisticated buildings in all of downtown Sarasota. Located on the idyllic tree-lined Palm Avenue, this building is highly sought after for its beauty, security, and luxury lifestyle. The walkability to Main Street. whilst being tucked away on a quiet tree-lined street, is rarely attainable. This residence is one of only 24 units in this beautiful location offering an exceptional standard of living. This 8th floor corner residence spans three ensuite bedrooms with spectacular unobstructed water and city views and detailed features to complement luxury living. From the private elevator access and large entry foyer, double doors open to a generous floorplan of more than 3,170 square feet with floor to ceiling windows that meet tall cove ceilings and crown molding for remarkably elegant style. Full height sliding doors offer seamless access to the 3 deep private terraces to accommodate additional seating and entertaining space. Through a massive window and doors that open to the primary terrace, the chef's kitchen and breakfast nook with adjacent counter seating look directly out to Sarasota Bay. The kitchen is laid out perfectly to showcase the views and maximize prep and entertaining space. The owner's suite is a light-filled oasis that enjoys direct access to the main terrace and picture-perfect views of Sarasota Bay. In addition to the dual walk-in closets, the adjoining bath is spacious with dual vanities, a soaker tub and large walk-in shower. The two additional ensuite bedrooms, located on the opposite side of the residence to ensure privacy and comfort for owners and guests, enjoy direct access to a shared terrace with magnificent sunrise views overlooking historic Burns Court. A wonderful bonus den/TV room can serve as additional office space if desired. The powder room and utility room with washer/dryer/sink and storage space add value and convenience to this amazing home in the sky. Enjoy views of Sarasota Bay and Downtown Sarasota from the two covered terraces. This residence has a separate enclosed 2 car garage and large storage unit. The Savoy offers remarkable amenities that include concierge services, guest suite, secure garage parking and storage, a fabulous rooftop terrace, pool with lushly landscaped lounge area with grills, library, rooftop seating, community room and entertaining area with catering kitchen. A testament to the solidity of the building is that the manager has been on site almost since the building has been occupied. It is an exclusive retreat in the heart of Downtown Sarasota, with immediate access to the waterfront and Sarasota Bay, Selby Gardens, and the city's cosmopolitan shops and restaurants. The Seller will entertain the possibility of a Lease-Purchase.
Full Property Details
Full Property Details for 401 S Palm Ave #801
General
- Price: $2,995,000
- HOA FEE: $3,214/month
- HOA FEE FREQ.: Quarterly
- Taxes: $26,920 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4670548
- Updated: 11/4/2025
- Added to Site: 78 day(s) ago
Rental Information
- Min. Lease: 1-2 Years
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Ceramic Tile, Engineered Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Shared Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Security, Spa/Hot Tub, Storage
- Spa Description: Heated, In Ground
- Security/Safety: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated Community, Key Card Entry, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Sliding Doors
- Deck/Patio: Covered, Patio
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Assigned, Garage Door Opener, Ground Level, On Street, Reserved, Under Building
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Subdivision: THE SAVOY ON PALM
- Driving Directions: South of Ringling on Palm Avenue.
- Direction Faces: Southwest
School Information
- Elementary School: Southside Elementary
- Middle School: Booker Middle
- High School: Sarasota High
Community
- Community Name: 34236 - Sarasota
- Community Features: Clubhouse, Community Mailbox, Fitness Center, Gated Community - No Guard, Pool, Sidewalks
- Optional Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Security, Spa/Hot Tub, Storage
- Assoc. Fees Include: Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: See Rules & Regulations. Dogs and cats allowed., / 50lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water District: SARASOTA BAY
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
Structural Information
- Architectural Info: Contemporary
- Architectural Style: Contemporary
- Exterior Const.: Stucco
- Roof: Concrete
- Common Walls: Corner Unit
- Windows: Blinds, Shades
- Stories/Levels: One
- Square Feet: 3,172
- Sq. Ft. Source: Public Records
- Year Built: 2006
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: City, Water
- Frontage: Street Paved
- Street/Road Desc.: Paved, Concrete
Water Features
- Water View: Yes
- Water Front Name: SARASOTA BAY
Financial Considerations
- Condo Fee: $9,642
- Condo Fee Freq: Quarterly
- Tax Amount: $26,920.23
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 801, SAVOY ON PALM THE
- Flood Zone Info: X
- APN: 2027115014
- Property ID: 2027115014
Listed by Michael Saunders & Company
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Schools
Schools serving 401 S Palm Ave #801
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Southside Elementary School, Sarasota, FL 1901 Webber Street, Sarasota, FL 34239 | PK-5 | 1.7 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2.6 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 S Palm Ave #801
Date
Details
Price
Change
Source
10/31/2025
Listed
$2,995,000
44.34%
MLS
11/21/2016
Sold
$2,075,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 401 S Palm Ave #801
Year
Property Taxes
Change
Tax Assessment
Change
2024
$26,723
3%
$1,821,704
3%
2023
$26,037
1%
$1,768,645
6%
2021
$25,685
1%
$1,667,117
-3%
2022
$25,426
-1%
$1,717,131
4%
2021
$25,685
-1%
$1,644,100
—
2019
$25,833
2%
$1,637,813
2%
2018
$25,425
1%
$1,607,275
2%
2017
$25,114
21%
$1,572,551
23%
2016
$20,777
-1%
$1,276,008
1%
2015
$21,093
—
$1,267,138
1%
2014
$21,078
—
$1,257,081
2%
2013
$21,043
—
$1,238,503
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 401 S Palm Ave #801
401 S Palm Avenue #801, Sarasota, FL 34236 (MLS# A4670548) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 401 S Palm Avenue #801 is currently listed for $2,995,000 and was received on October 31, 2025. Want to learn more about 401 S Palm Avenue #801? Do you have questions about finding other Condo real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

