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401 S Palm Avenue #1003, Sarasota, FL 34236

$2,650,000 Sale Pending

  • For Sale
  • Pending
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,975 Sq. Ft.
  • Updated 13 days ago
401 S Palm Avenue #1003, Sarasota, FL 34236View this property at 401 S Palm Avenue #1003, Sarasota, FL 34236
401 S Palm Avenue #1003SarasotaFL34236

Property Description

Beautifully designed and stylish, this 10th floor Savoy on Palm retreat features spellbinding views of the Bay, extraordinary custom finishes, and an uncompromising focus on quality and elegant living. Three en-suite bedrooms, three baths and a gracious powder room accommodate in comfort, with a thoughtfully-configured floor plan that makes this the perfect downtown residence. You'll love the cook's kitchen, equipped with stainless appliances including gas cooktop, cabinetry by Poggenpohl, granite counters, and lovely window seat for casual dining. Designer features include distinctive sandstone floors, beautiful solid wood built-ins, custom lighting, remote-control window treatments and more. Expansive bayside and city terraces. The 10'
ceilings are exclusive to the 10th floor and penthouse level, and the private two-car garage is a rare amenity in this downtown setting. The Savoy on Palm, a chic residential address in the heart of downtown Sarasota, offers a private boutique setting for the ultimate in stylish city living, exclusive to only 24 residents. Residents enjoy concierge service, secure elevator, air-conditioned storage, a tropical poolside oasis, fitness center, social room, library, guest suite, private fenced dog walk, 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.

Full Property Detailsfor 401 S Palm Avenue #1003


  • Price: $2,650,000
  • HOA FEE: $1,879/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $26,145 (2017)
  • Status: Pending
  • Type: Condo
  • MLS ID: A4212831
  • Updated: 4/9/2018
  • Added: 46 day(s) ago

Property History

  • 401 S Palm Avenue #1003, Sarasota, FL
  • Listed at $2,650,000 on 3/8/18

Rental Information

  • Complex Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Pool
  • Approvals: Approval required
  • Min. Lease: 8-12 Months


  • Number of Rooms: 7
  • Interior Features: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Unfurnished, Walk-In Closet(s)
  • Appliances: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Furnishings: Furnished
  • Flooring: Other



  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Master Bathroom: Master Bathroom


  • Total Bedrooms: 3
  • Master Bedroom: Master Bedroom - Other, 16 x 17, First
  • Bedroom 2: Bedroom 2 - Other, 13 x 13, First
  • Bedroom 3: Bedroom 3, 15 x 14, First

Other Rooms

  • Living Room: Living Room - Other, 20 x 20, First
  • Kitchen: Kitchen - Other, 18 x 18, First
  • Dining Room: Dining Room - Other, 16 x 12, First
  • Lanai: 28 x 11

Additional Information

  • Shared Amenities: Elevators, Fitness Center, Maintenance, Storage
  • Pool Description: Heated
  • Spa: Yes
  • Spa Description: Heated
  • Security/Safety: Secured Garage / Parking, Smoke Detector(s)


  • Exterior Features: Balcony, Sliding Doors, Storage
  • Deck/Patio: Deck, Patio, Porch


  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Guest, Secured, Underground


  • Area: 34236 - Sarasota
  • County: Sarasota
  • Township: 36
  • Subdivision: THE SAVOY ON PALM
  • Building Name: THE SAVOY ON PALM
  • Driving Directions: Ringling Blvd to south on Palm Avenue to the Savoy on Palm on the left.
  • Direction Faces: West

School Information

  • Elementary School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High


  • Community Name: Savoy On Palm
  • Home Owners Assn.: None
  • Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Pest Control, Security, Sewer, Trash, Water
  • Number of Pets: 2
  • Pet Restrictions: 2 pets up to 50 pounds., / Medium (36-60 Lbs.)lbs.

Heating & Cooling

  • Cooling Type: Central Air, Zoned
  • Heating Type: Central, Zoned


  • Utility Description: Cable Connected, Public, Street Lights

Structural Information

  • Description/Design: Corner Unit, High Rise
  • Construction Status: New Construction
  • Exterior Const.: Block, Stucco
  • Roof: Membrane
  • Windows: Blinds
  • Square Feet: 2,975
  • Sq. Ft. Source: Public Records
  • Year Built: 2006

Additional Structures

  • Other Structures: Storage

Lot Features

  • Property View: Water
  • Lot Features: Flood Insurance Required, Sidewalk, Zero Lot Line; Up to 10, 889 Sq. Ft.
  • Zoning: DTE

Water Features

  • Water View: Yes

Financial Considerations

  • Assoc Fee Desc.: None
  • Condo Fee: $5,638
  • Condo Fee Freq: Quarterly
  • Tax Amount: $26,145
  • Tax Year: 2017
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Legal Description: UNIT 1003, SAVOY ON PALM THE
  • Flood Zone Info: AE
  • Disclosures/Reports: Condominium Disclosure Available, Seller Property Disclosure
  • APN: 2027115022
  • Property ID: 2027115022
  • Range: 18

Listed by Michael Saunders & Company and Michael Saunders & Company

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Schoolsserving 401 S Palm Avenue #1003

School District:Sarasota County School District
School Name
Southside Elementary School, Sarasota, FL
1901 Webber St, Sarasota, FL 34239
1.7 mi
Booker Middle School
2250 Myrtle St, Sarasota, FL 34234
2.6 mi
Sarasota High School
1000 South School Avenue, Sarasota, FL 34236
1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 401 S Palm Avenue #1003

Listed by Michael Saunders & Company and Michael Saunders & Company

401 S Palm Avenue #1003, Sarasota, FL 34236 (MLS# A4212831) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 401 S Palm Avenue #1003 is currently listed for $2,650,000 and was received on March 08, 2018. Want to learn more about 401 S Palm Avenue #1003? 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.