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401 PALM AVENUE SARASOTA FL 34236 Sold 03/15/2024

Sold for $2,700,000
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Reduced
401 PALM AVENUE, SARASOTA, FL 34236 Sold 03/15/24 401 PALM AVENUE, SARASOTA, FL 34236 Sold 03/15/24 401 PALM AVENUE, SARASOTA, FL 34236 Sold 03/15/24 401 PALM AVENUE, SARASOTA, FL 34236 Sold 03/15/24

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
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Overview of 401 S Palm Ave #301

3 Bedrooms
3/1 Bathrooms
2 Car Garage
3,912 Square Feet
3,172SF Living Area
Pool:
No
Water: None
Year Built 2006

Welcome to a truly exceptional offering in downtown sarasota – an exclusive 3rd floor condo in the savoy on palm, an intimate building of only 24 units. Rarely available, this distinguished building and unique residence truly stands out amongst the crowd, offering security of a condo with the feelings of a house and yard. With easy access on the main level, this condo features a sprawling terrace over 3400 square feet that is a haven for dog owners and outdoor enthusiasts alike. Sliding and french doors lead you to the terrace from most rooms of the home. This expansive outdoor space is a private oasis, complete with a koi pond accompanied by a soothing waterfall, a gas grilling area, and plenty of seating space surrounded by the lush greenery of flowering trees. The interior of this condo seamlessly pairs elegance with space and functionality. Beautiful crown moldings, elegant window treatments, gas fireplace, and travertine marble floors adorn the living spaces, creating a warm and inviting atmosphere. With 3 bedrooms plus a den, 3.5 bathrooms, and approximately 3200 square feet, there is no shortage of space for comfortable living. The kitchen features plenty of cabinet space, sub zero, dacor, and bosch stainless appliances, wine refrigerator, a connection for gas cooktop is in place, a center island with sitting area, and a direct access to the terrace. The owner’s suite features custom walk-in closets, tray ceilings, and an ensuite bath, including double vanities, a marble walk-in shower, and large jetted tub to relax in. The den, currently utilized as a dining room, adds versatility to the layout, allowing you to personally tailor the space to your preferences. There is also a large laundry room with utility sink and plenty of storage. The 2 air conditioning units were replaced 3 years ago. Additionally, the property boasts the luxury of a private oversized 2-car garage and a storage area, providing secure parking and extra space for your belongings. Offering same-floor access, the savoy on palm features an array of amenities. You will find the lounge, complete with a catering kitchen, a state-of-the-art fitness center and massage room, and should guests wish to stay the night, a guest suite is readily available for their comfort. Enjoy the resort-style heated pool and spa, summer kitchen, convenience of a concierge, and a rooftop terrace providing panoramic views of the city skyline and stunning sarasota bay sunsets. This condo presents an unparalleled opportunity to experience the best of downtown sarasota living. Walkable to the bayfront, many shops and restaurants, as well as the theater district, and a quick drive to st. Armands circle and the white sand beaches, you have all sarasota has to offer right at your fingertips. Rarely does a residence of this caliber become available – seize the chance to make it yours and indulge in the ultimate urban retreat.

This luxury condo was built in 2006 and features 3 bedrooms, and 3 full bathrooms plus 1 half bath. This condo for sale is 3,912 square feet, with 3,172 sq ft being air conditioned living space. The condo2 assigned parking garage spots and does not have a private swimming pool, although there is a community pool in the complex for use by residents.

Directions to this property are as follows: 41 To Ringling Blvd Turn South On Palm Ave. To The Savoy On The Left #401.

Please contact your ZFC agent for more information about MLS# MFRA4579421 or any other condos for sale in Sarasota or elsewhere in the Sarasota County area.

Features & Amenities

Appliances

Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Water Filtration System, Wine Refrigerator

Architecture

Contemporary

Cooling

Zoned

Heating

Electric

Flooring

Carpet, Hardwood, Travertine

Parking

Garage Door Opener, Under Building

View

view

Construction Materials

Block, Concrete, Stucco

Security Features

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

Interior Features

Built-in Features, Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments

Furnished

Unfurnished

Exterior Features

French Doors, Garden, Lighting, Other, Outdoor Grill

Property Condition

Completed

Roof

Other

Window Features

Drapes, Impact Glass/Storm Windows, Shades, Window Treatments

Utilities

Public

Laundry

Laundry Room

Fencing

Masonry

Fireplace

Gas

Zoning

D T E

Year Built

2006

Pets Allowed

Yes

Annual Real Estate Taxes

$15,482 (2023)

Legal Description

Unit 301, Savoy On Palm The

Property Type

Condominium

Association Fee Includes

Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Management, Pool, Security, Sewer, Trash, Water

Association Amenities

Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage

Community Features

Buyer Approval Required, Pool

Direction Faces

West

MLS Number

MFRA4579421

Universal Property Id

U S-12115-N-2027115001-S-301

Days On Market

167

Community Name

The Savoy On Palm

401 Palm Ave Price Calculator

Get Mortgage Quote For This Condo

The payment calculator figures for 401 S Palm Ave #301 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this condo for sale are estimated based on the actual property taxes for this property for the tax year 2023 which are $15,482 but will likely change when this condo sells. These estimations are calculated from a list price of $2,999,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the condo characteristics and location.

Recent Condo Sales near 401 Palm Ave

Address Sale Price Bed Bth Size Location Sale Date
401 S PALM AVE #801 $Log in to view 3 3/1 3,172SF The Savoy On Palm 02/24/2026
540 N TAMIAMI TRL #802 $Log in to view 3 3/1 4,813SF Blvd Sarasota 02/06/2026
223 GOLDEN GATE PT #9A Penthouse $Log in to view 3 3/1 4,582SF Golden Gate Point 12/22/2025
401 QUAY COMMONS #901 $Log in to view 3 3/1 4,400SF Bayso 08/07/2025
35 WATERGATE DR #801 $Log in to view 3 3/0 4,347SF The Ritz Carlton 03/27/2026
1335 2ND ST #301 $Log in to view 3 3/1 4,338SF The Collection 02/11/2026
306 GOLDEN GATE PT #7 $Log in to view 3 3/1 4,097SF Golden Gate Point 04/14/2025
2050 BENJAMIN FRANKLIN DR #A1001 $Log in to view 3 3/1 3,969SF Lido Key 12/01/2025
2050 BENJAMIN FRANKLIN DR #A601 $Log in to view 3 3/1 3,969SF Lido Key 04/01/2026
1300 BENJAMIN FRANKLIN DR #505 $Log in to view 3 3/0 3,916SF Lido Key 12/19/2025
188 GOLDEN GATE POINT #101 $Log in to view 3 3/1 3,790SF Golden Gate Point 02/23/2026
188 GOLDEN GATE PT #202 $Log in to view 3 3/1 3,790SF Golden Gate Point 06/12/2025

MLS# MFRA4579421 Listing History

08/17/2023 Listed for sale by MICHAEL SAUNDERS & COMPANY with MLS# MFRA4579421 with a list price of $3,100,000.
03/15/2024 Sold For $2,700,000 by Michael Moulton with MICHAEL SAUNDERS & COMPANY.

Sarasota County Schools

Elementary School

Middle School

High School

Public Transportation

Breeze Transit:

77 Siesta Islander

Breeze Transit:

77 Siesta Islander

Breeze Transit:

77 Siesta Islander

Manatee County Area Transit:

Route 99 BRADENTON/SARASOTA

Breeze Transit:

77 Siesta Islander

This listing of 401 Palm Ave Sarasota FL 34236 was last updated on 2024-03-15 12:44:10. Listing courtesy of MICHAEL SAUNDERS & COMPANY.
MLS

Map of 401 Palm Ave Sarasota FL 34236

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Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Submit Request, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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