$3,375,000

401 S Palm Ave Unit 801 Sarasota, FL 34236

3 beds
3 full, 1 partial
3,172 sqft
$1,064 / sqft
Condo

Property details

About 401 S Palm Ave Unit 801

Welcome to luxury living on picturesque Palm Avenue. This Savoy condominium is one of only 24 residences in a Downtown building renowned for its beautiful location and exceptional standard of living. 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, and more. Best of all is the walkability to Main Street and all it offers whilst being tucked away on a quiet tree-lined street. 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 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. Located on the idyllic tree-lined Palm Avenue, this building is highly sought after for its beauty, security, and luxury lifestyle.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size3,172 sqft
Year built2006
ParkingAssigned, Garage Door Opener, Ground Level, On Street, Reserved, Under Building
MLS #A4642881
Attached garage2 spaces
ViewCity, Water

Summary

  • MLS Number: A4642881
  • MLS Name: MFRMLS
  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Kim Ogilvie

IDX 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.

IDX 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: 4/5/2025, 1:20:16 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

DateEventPrice
Nov 22, 2016
Home Sold
$2,075,000
Dec 12, 2006
Home Sold
$1,675,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

25%
<35k
36%
35k-100k
24%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
2%
Single, with Kids
33%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

2%
<11 yrs old
1%
12-17 yrs old
7%
18-34 yrs old
38%
35-64 yrs old
52%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Minor League Baseball GamesMinor League Baseball Games

Where do the neighbors shop?

  • Stein MartStein Mart
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • LincolnLincoln
  • CadillacCadillac
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • RockRock
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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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.

Over 33 listings were sold over their listed price in March 2025 in Sarasota, FL. In the same period over 387 listings were sold below the listed price and 73 listings were sold for the listed price. The number of homes for sale in Sarasota, FL increased by 8.2% between February and March 2025. 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.

From Rocket Homes Real Estate and based on county public records data.

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