David Shippey
863.521.4517

401 S Palm Avenue UNIT #801 Sarasota Florida | Home for Sale

To schedule a showing of 401 S Palm Avenue UNIT #801, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!

$2,995,000 | 3 beds | 3 full baths | 1 half baths | 3,172 sqft

$2,995,000 Reduced -$380,000
401 S Palm Avenue UNIT #801
Sarasota, FL 34236
  • 3Beds
  • 4.00Total Baths
  • 3 Full, 1 HalfBaths
  • 3,172SqFt
  • 2006Year Built
  • 0.00Acres
  • MLS# A4642881
  • Residential
  • Condominium
  • Active

  • Approx Time on Market4 months, 23 days
  • Area34236 - Sarasota
  • CountySarasota
  • Subdivision The Savoy On Palm

Overview

One or more photo(s) has been virtually staged. The Savoy is considered to be 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 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 owners 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, two guest suites, 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.



Agriculture / Farm

Association Fees / Info

Community Features:  Clubhouse, CommunityMailbox, Fitness, Pool, Gated, StreetLights, Sidewalks

Pets Allowed:  NumberLimit, Yes

Senior Community:  No

Hoa Fees Frequency:  Quarterly

Association:  ,No,

Association Amenities:  Clubhouse, Elevators, FitnessCenter, MaintenanceGrounds, Gated, Pool, SpaHotTub, Security, Storage

Association Fee Includes:  CommonAreas, MaintenanceGrounds, MaintenanceStructure, Pools, RecreationFacilities, ReserveFund, Sewer, Security, Taxes, Trash, Water

Hoa Fees:  9641

Bathroom Info

Total Baths:  4.00

Fullbaths:  3

Building Info

Window Features:  Blinds, WindowTreatments

Roof:  Concrete

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Style:  Contemporary

Pool Features:  Association, Community

Patio:  Covered, Patio, Balcony

Pool Private:  No

Exterior Features:  Balcony

Fees / Restrictions

Financial

Original Price:  $3,375,000

Garage / Parking

Open Parking:  No

Parking Features:  Assigned, Covered, Garage, GarageDoorOpener, OnStreet

Attached Garage:  Yes

Garage:  Yes

Carport:  No

Green / Env Info

Interior Features

Fireplace:  No

Floors:  Carpet, CeramicTile, EngineeredHardwood

Levels:  One

Spa:  No

Laundry Features:  Inside, LaundryRoom

Interior Features:  CeilingFans, EatInKitchen, Elevator, HighCeilings, LivingDiningRoom, SplitBedrooms, SolidSurfaceCounters, WalkInClosets, WindowTreatments

Appliances:  BuiltInOven, Cooktop, Dryer, Dishwasher, Freezer, Disposal, Refrigerator, RangeHood, WineRefrigerator, Washer

Lot Info

Direction Remarks:  South of Ringling on Palm Avenue.

Lot Size Units:  Acres

Vegetation:  PartiallyWooded

Lot Desc:  CityLot, NearPublicTransit, Landscaped

Misc

Other

Other Structures:  Storage

Special Conditions:  None

Security Features:  ClosedCircuitCameras, FireAlarm, FireSprinklerSystem, KeyCardEntry, SmokeDetectors, GatedCommunity

Other Rooms Info

Property Info

Section:  19

Class Type:  Condominium

Property Sub Type:  Condominium

Property Condition:  NewConstruction

Property Attached:  No

New Construction:  No

Construction Materials:  Stucco

Stories:  1

Total Stories:  1

Foundation:  PillarPostPier

Human Modified:  Yes

Room Info

Total Rooms:  8

Sqft Info

Sqft:  3,172

Bulding Area Sqft:  3,172

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Legal Description:  UNIT 801, SAVOY ON PALM THE

Tax Annual Amount:  26723

Unit Info

Unit:  801

Utilities / Hvac

Heating:  Central

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableConnected, ElectricityConnected, MunicipalUtilities, PhoneAvailable, SewerConnected, WaterConnected

Waterfront / Water

Waterfront:  No

View:  Yes

Water Body Name:  SARASOTA BAY

View:  Bay, City, Water

Schools

Elem:  Southside Elementary

Middle:  Booker Middle

High:  Sarasota High

Directions

South of Ringling on Palm Avenue.

This listing courtesy of Michael Saunders & Company 

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Price & Status History (on davidshippey.com since Mon, Mar 3rd 2025)
  • Original Price: $3,375,000
  • Current Price: $2,995,000
  • Price Reduced: $380,000
Date ChangedFromTo
06/02/2025$3,375,000 $2,995,000 Reduced by $380,000

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If you have any questions on 401 S Palm Avenue UNIT #801, Sarasota, Florida, please call David Shippey at 863-521-4517.


MLS# A4642881 located at 401 S Palm Avenue UNIT #801, Sarasota, Florida is brought to you by David Shippey REALTOR®

401 S Palm Avenue UNIT #801, Sarasota, Florida has 3 Beds, 3 Full Bath, and 1 Half Bath.
The MLS Number for 401 S Palm Avenue UNIT #801, Sarasota, Florida is A4642881.
The price for 401 S Palm Avenue UNIT #801, Sarasota, Florida is $2,995,000.
The status of 401 S Palm Avenue UNIT #801, Sarasota, Florida is Active.
The subdivision of 401 S Palm Avenue UNIT #801, Sarasota, Florida is The Savoy On Palm.
The home located at 401 S Palm Avenue UNIT #801, Sarasota, Florida was built in 2025.

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