#A4656100, Ryan Ackerman, PA, Listing office: COLDWELL BANKER REALTY
401 S Palm Ave Unit 801 Sarasota, FL 34236
Property details
About 401 S Palm Ave Unit 801
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.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Range Hood, Refrigerator, Washer, Wine Cooler
- Flooring Type: Carpet, Ceramic Tile, Hardwood
- Interior: Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Assigned, Garage Door Opener, Ground Level, On Street, Reserved, Basement
- View: City, Water
- Exterior: Balcony, Sliding Doors
- Architectural Style: Contemporary
- Heating: Central
- Cooling: Central Air
- List Price: $2,995,000
- Price/SqFt: $944
- HOA Amount: $3214 Quarterly
- Annual Tax Amount: $26,037
- Tax Year: 2023
- Lot: City Lot, Landscaped, Near Marina, Near Public Transit, Sidewalk, Paved
- Directions: South of Ringling on Palm Avenue.
- Year Built: 2006
- Stories: 1
- Living Area: 3,172 SqFt
- MLS Number: A4642881
- MLS Name: MFRMLS
- Office Name: MICHAEL SAUNDERS & COMPANY
- Office Phone: (941) 951-6660
- Listing Agent: Kim Ogilvie
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 12:34:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Typical income of Sarasota, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
Similar homes for sale
Frequently asked questions
About 401 S Palm Ave Unit 801
The listing price of 401 S Palm Ave Unit 801 property is $2,995,000.
The property 401 S Palm Ave Unit 801 is a condo located in Sarasota, Florida, 34236.
Active Listing: 401 S Palm Ave Unit 801 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 401 S Palm Ave Unit 801 are: Alta Vista Elementary School (GreatSchools Rating 5/10), Southside Elementary School (GreatSchools Rating 10/10), Tuttle Elementary School (GreatSchools Rating 4/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Brookside Middle School (GreatSchools Rating 6/10), Sarasota Military Academy (GreatSchools Rating 5/10), Sarasota High School (GreatSchools Rating 4/10), Booker High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $26,037 (source: MLS/based on county public records data).
The last sale was on November 22, 2016 for $2,075,000 (source: MLS/tax record).
The property at 401 S Palm Ave Unit 801 has 3 bedrooms and 3 full and 1 half bathrooms.
The property 401 S Palm Ave Unit 801 is 3,172 SqFt (source: MLS/tax record).
The year of construction for 401 S Palm Ave Unit 801 is 2006.
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 $2,995,000.
While more than 23 listings in Sarasota, FL in June 2025 were sold above asking price, there were more than 51 listings sold at asking price, and more than 364 were sold below. The inventory of homes for sale in Sarasota, FL between May and June 2025 decreased by 2%. Listings spent 72 days on the market in June 2025, and had a median list price of $495,118 during the same period.