CONTACT
FAVORITE
SHARE
CLAIM

401 PALM AVENUE SARASOTA FL 34236 Sold 11/12/2024

Sold for $3,200,000
USD CAD EUR GBP BTC
401 PALM AVENUE, SARASOTA, FL 34236 Sold 11/12/24 401 PALM AVENUE, SARASOTA, FL 34236 Sold 11/12/24 401 PALM AVENUE, SARASOTA, FL 34236 Sold 11/12/24 401 PALM AVENUE, SARASOTA, FL 34236 Sold 11/12/24

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Request Info, 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

Overview of 401 S Palm Ave #1003

3 Bedrooms
3/1 Bathrooms
2 Car Garage
3,450 Square Feet
2,975SF Living Area
Pool:
No
Water: None
Year Built 2006

Nestled in an unparalleled location on palm avenue in downtown sarasota, this rarely available, spectacular 3 bedroom, 3.5 bath, 2975 sf residence offers sweeping views of sarasota bay in the coveted savoy on palm with only 24 exclusive units. This 10th floor condominium has undergone a remarkable renovation with every detail meticulously designed, crafted and executed. The luxurious tone begins with the custom 8' stainless steel and glass inlay doors in the private entry foyer, white marble floors, silver metallic cabinetry and trim, and chic dark green marble feature walls. The living room with beautiful electric fireplace and adjacent large dining room feature designer lighting and boast glorious natural light and incredible water views through floor to ceiling impact sliding doors. Enjoy a beverage on the sprawling wrap around terrace or relax and watch the sunset as the balmy breezes envelop the space. The state-of-the-art kitchen features chic white metallic poggenpohl cabinetry, white seaglass countertops/island, hand-crafted and stylish la cornue gas range, subzero refrigerator, wolf stainless hood, bosch dishwasher, under counter beverage refrigerator, custom glass front built-ins with 8' lighted glass-inlay doors clad in stainless steel, and classic white subway tile backsplash in a herringbone pattern. A well-appointed and renovated powder room is located just off the entertaining spaces. The primary bedroom and luxe bathroom, a restful retreat with fantastic bay views and private terrace access, has been completely renovated. Marble, glass, tile and timeless stainless fixtures elicit a refined yet peaceful feel. Notable features include glass and tile surround shower with rain head, free standing soaking tub, marble countertops with dual sinks, and 2 walk-in closets. The guest bedrooms, one with murphy bed and wood built-ins, have renovated en-suite baths with fully updated amenities including taj mahal quartzite and sea glass counters, high seat kohler commodes, glass sink, shower niches, and riobel shower handles. Custom closets offer plenty of storage space. The laundry room has been revamped with maytag commercial washer/dryer, utility sink, cabinets, and granite countertop/backsplash. The furnishings and appointments include museum-quality, antique and mid-century pieces. Further enhancing the stylish decor are 7 stainless and glass inlay soft-close pocket doors, new restoration hardware ralph lauren collection lighting, 9-foot ceilings and 8' doors exclusive to the 10th floor and penthouse levels, and electric window treatments. The residence is equipped with 2 ac zones with uv lights, ensuring comfort and efficiency. The private 2-car oversized garage with custom storage and epoxy floor is a rare amenity in this downtown setting. The savoy on palm offers a private boutique setting for the ultimate in stylish city living. Residents enjoy concierge service, on-site manager, a tropical poolside oasis with 60' pool/spa, fitness center with massage room, social room with catering kitchen, guest suite, air-conditioned storage, fenced dog walk, and rooftop sunset terrace. Sarasota is renowned as the cultural capital of florida, with its pristine powder soft beaches, restaurants, shops, marinas, golf courses, and sporting events. This property epitomizes luxury living in sarasota, offering both elegance and functionality in a coveted waterfront setting.

This luxury condo was built in 2006 and features 3 bedrooms, and 3 full bathrooms plus 1 half bath. This condo for sale is 3,450 square feet, with 2,975 sq ft being air conditioned living space. The condo2 assigned parking garage spots and does not have a private swimming pool.

Directions to this property are as follows: Us 41 To Ringling Blvd., Turn South On Palm Avenue To The Savoy On The Left, #1003.

Please contact your ZFC agent for more information about MLS# MFRA4616531 or any other condos for sale in Sarasota or elsewhere in the Sarasota County area.

Features & Amenities

Appliances

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

Architecture

Contemporary

Cooling

Central Air, Zoned

Heating

Central, Zoned

Flooring

Marble

Parking

Deeded, Ground Level, Guest, Under Building

View

Water view

Construction Materials

Block, Stucco

Security Features

Smoke Detector(s)

Interior Features

Built-in Features, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments

Exterior Features

Balcony, Sliding Doors, Storage

Lot Features

Flood Zone, City Limits, Near Marina, Sidewalk

Property Condition

Completed

Pool Features

Heated, Lap

Roof

Membrane

Window Features

Impact Glass/Storm Windows, Window Treatments

Utilities

Cable Connected, Natural Gas Connected, Public, Street Lights

Laundry

Laundry Room

Fireplace

Electric

Zoning

D T E

Year Built

2006

Pets Allowed

Cats O K, Dogs O K, Number Limit, Size Limit, Yes

Annual Real Estate Taxes

$25,671 (2023)

Legal Description

Unit 1003, Savoy On Palm The

Property Type

Condominium

Association Fee Includes

Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Security, Sewer, Trash, Water

Association Amenities

Security

Community Features

Association Recreation -Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool

Direction Faces

West

MLS Number

MFRA4616531

Universal Property Id

U S-12115-N-2027115022-S-1003

Community Name

The Savoy On Palm

401 S Palm Ave #1003 Price Calculator

Get Mortgage Quote For This Condo

The payment calculator figures for 401 S Palm Ave #1003 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 $25,671 but will likely change when this condo sells. These estimations are calculated from a list price of $3,275,000 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 S Palm Ave #1003

Address Sale Price Bed Bth Size Location Sale Date
306 GOLDEN GATE PT #2 $Log in to view 3 3/1 4,122SF Golden Gate Point 03/12/2025
306 GOLDEN GATE PT #7 $Log in to view 3 3/1 4,097SF Golden Gate Point 04/14/2025
1300 BENJAMIN FRANKLIN DR #504 $Log in to view 3 3/1 3,991SF Lido Key 03/20/2025
888 S ORANGE AVE #PH-C $Log in to view 3 3/0 3,841SF Hudson Crossing 02/19/2025
888 S ORANGE AVE #PH-B $Log in to view 3 3/0 3,841SF Hudson Crossing 02/14/2025
188 GOLDEN GATE PT #202 $Log in to view 3 3/1 3,790SF Golden Gate Point 06/12/2025
33 S PALM AVE #1401 $Log in to view 3 3/1 3,661SF The Demarcay Residences 11/14/2024
35 WATERGATE DR #804 $Log in to view 3 3/0 3,563SF The Ritz Carlton 03/14/2025
2050 BENJAMIN FRANKLIN DR #B904 $Log in to view 3 3/0 3,552SF Lido Key 03/27/2025
401 QUAY COMMONS #1404 $Log in to view 3 3/1 3,533SF Bayso 03/12/2025
505 S ORANGE AVE #401 $Log in to view 3 3/1 3,427SF Kanaya 01/27/2025
505 S ORANGE AVE #903 $Log in to view 3 3/1 3,427SF Kanaya 09/16/2024

MLS# MFRA4616531 Listing History

09/16/2024 Listed for sale by MICHAEL SAUNDERS & COMPANY with MLS# MFRA4616531 with a list price of $3,275,000.
11/12/2024 Sold For $3,200,000 by Tom Palazzo with COLDWELL BANKER REALTY.

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 S Palm Ave #1003 Sarasota FL 34236 was last updated on 2024-11-12 14:44:02. Listing courtesy of MICHAEL SAUNDERS & COMPANY.
MLS

Map of 401 S Palm Ave #1003 Sarasota FL 34236

Similar Condos For Sale

111 S Pineapple Ave #1210, SARASOTA
$3,300,000

Mark Sarasota

111 S Pineapple Ave #1210
Sarasota, FL 34236

3

4

2

4,254 Sq Ft

290 Cocoanut Ave #803, SARASOTA
$3,795,000

MLS#MFRA4655045

290 Cocoanut Ave #803
Sarasota, FL 34236

3

4

2

4,197 Sq Ft

0.55 Acres

111 Golden Gate Pt #402, SARASOTA
Reduced
$2,590,000
$3,250,000

Golden Gate Point

111 Golden Gate Pt #402
Sarasota, FL 34236

3

3

2

4,139 Sq Ft

605 S Gulfstream Ave #5s, SARASOTA
$6,250,000

Epoch

605 S Gulfstream Ave #5s
Sarasota, FL 34236

3

4

2

4,136 Sq Ft

290 Cocoanut Ave #601, SARASOTA
$3,270,000

MLS#MFRA4655024

290 Cocoanut Ave #601
Sarasota, FL 34236

3

4

2

3,934 Sq Ft

0.55 Acres

70 Avenida Veneccia #202, SARASOTA
$7,200,000

Mira Mar Beach

70 Avenida Veneccia #202
Sarasota, FL 34242

3

4

2

3,858 Sq Ft

Ocean Front

2.365 Acres

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.

Currency