#A4630079, Molly Higdon, LLC, Listing Office: KELLER WILLIAMS ON THE WATER S
401 S Palm Ave Unit 801 Sarasota, FL 34236
Property details
About 401 S Palm Ave Unit 801
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. This residence has an 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, 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.
Highlights
Summary
- MLS Number: A4642881
- MLS Name: MFRMLS
- Office Name: MICHAEL SAUNDERS & COMPANY
- Office Phone: (941) 951-6660
- Listing Agent: Kim Ogilvie
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Last updated on: 4/25/2025, 4:20:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,375,000
401 S Palm Ave Unit 801
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 22, 2016 | Home Sold | $2,075,000 |
Dec 12, 2006 | Home Sold | $1,675,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,768,645 | $26,037 |
2022 | $1,717,131 | $25,425 |
2021 | $1,667,117 | $25,425 |
2020 | $1,644,100 | $25,684 |
2019 | $1,637,813 | $25,833 |
2018 | $1,607,275 | $25,425 |
2017 | $1,572,551 | $25,114 |
History based on county public records data.
Nearby schools
5
Alta Vista Elementary School
Public District PK-5
1.4 mi
•1050 S Euclid Ave
10
Southside Elementary School
Public District PK-5
1.7 mi
•1901 Webber St
4
Tuttle Elementary School
Public District PK-5
1.9 mi
•2863 8th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $84,075. Most Sarasota, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 401 S Palm Ave Unit 801
This home is located at 401 S Palm Ave Unit 801 in Sarasota, FL and zip code 34236 in the Downtown Sarasota neighborhood. This 3,172 square foot home was built in 2006. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $3,375,000.
While more than 33 listings in Sarasota, FL in March 2025 were sold above asking price, there were more than 73 listings sold at asking price, and more than 387 were sold below. In March 2025 in Sarasota, FL there were 8.2% more homes for sale than in February. In March 2025, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $505,057.