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401 S PALM AVENUE #403 | MFRA4582722 | Berkshire Hathaway HomeServices Florida Realty
Listing provided courtesy of COLDWELL BANKER REALTY - MLS#MFRA4582722MLS Provider

401 S PALM AVENUE #403

Condo/Townhouse · 3 Beds · 3 Full Baths · 1 Partial Bath · 2,975 Sq. ft.

$2,995,000 Active


Time on Site:
3 days

Discover an exquisite oasis in the prestigious Savoy in Sarasota, an intimate, amenity-rich community of just 24 units in sought-after downtown. This remarkable 3BR, 4th floor corner residence lives like a private single-family home, with thick walls, 270 degrees of stunning city, Bay and Gulf views, a private 2-car garage with EV charging station and remarkable features that make it simply incomparable. Inside, you'll find an inviting living space filled with natural light and a welcoming ambiance, thanks to high ceilings, all new cashmere-stained maple hardwood floors throughout and expansive windows. Each of the 3 bedrooms boasts a walk-in closet and full bath, with one currently configured as an office and one as a den. The stylish, modern kitchen is a chef's dream, featuring state-of-the-art appointments and a large island with kitchen sink with a motion sensor faucet, built-in soap dispenser, and hot/cold filtered water dispenser. With complementing wood grain tile floors, the terraces provide ample outdoor space with east, south or west views. Enjoy shaded evenings in the summer, colorful sunsets during fall, winter, and spring, and spectacular 4th of July fireworks from your balcony. The Savoy staff is always kind and welcoming, and the community is resplendent with resort conveniences, including a rooftop deck with summer kitchen, a lower deck with summer kitchen, gas grills, private massage/treatment room, private lounge, pool, fitness center plus a 1BR/1BA guest suite. Delight in the vibrancy of your downtown location, with E-bike and scooter ride-share options just steps away, a Saturday farmers market 2 blocks away, and weekly arts festivals and boat shows within 2 blocks during the season.

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Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 2,975
  • Price/Sq.ft. $1,006


  • Association Amenities: Clubhouse,Elevator(s),Fitness Center,Pool,Recreation Facilities,Security,Spa/Hot Tub,Storage
  • Association Fee Includes: Common Area Taxes,Pool,Escrow Reserves Fund,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Pool,Recreational Facilities,Security,Sewer,Trash,Water
  • Association Name: Bill Veal
  • Association: No
School Information
  • Elementary School: Southside Elementary
  • Middle Or Junior School: Brookside Middle
  • High School: Sarasota High
Listing Information
  • Transaction Broker Compensation: 3%
Building Information
  • New Construction: No
  • Year Built: 2006
  • Country: US
  • County Or Parish: Sarasota
  • MLS Area Major: 34236 - Sarasota
  • Subdivision Name: THE SAVOY ON PALM
  • Township: 36
  • Community Features: Association Recreation - Owned,Buyer Approval Required,Fitness Center,Pool
Tax Information
  • Tax Annual Amount: 21855
  • Tax Year: 2022
General Information
  • Disclosures: Condominium Disclosure Available,Seller Property Disclosure
  • Furnished: Unfurnished
  • Ownership: Condominium
  • Parcel Number: 2027115004
  • Pets Allowed: Number Limit,Size Limit,Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: DTE


Parking Information
  • Garage Spaces: 2
  • Garage: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 3
Building Interior
  • Building Area Source: Public Records
  • Building Area Total: 3450
  • Building Area Units: Square Feet
General Information
  • Appliances: Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range Hood,Refrigerator,Washer,Wine Refrigerator
  • Cooling: Central Air,Zoned
  • Fireplace: No
  • Flooring: Tile,Tile,Wood
  • Foundation Details: Slab
  • Heating: Central,Electric,Natural Gas
  • Interior Features: Built-in Features,Ceiling Fans(s),Eat-in Kitchen,High Ceilings,Living Room/Dining Room Combo,Master Bedroom Main Floor,Open Floorplan,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Stone Counters,Thermostat,Walk-In Closet(s)
  • Laundry Features: Laundry Room
  • Levels: One
  • Living Area: 2975
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Security Features: Secured Garage / Parking,Smoke Detector(s)
  • Spa: No
  • Stories Total: 10
  • Window Features: Blinds
Unit Information
  • Unit Number: 403


Parking Information
  • Parking Features: Assigned,Covered,Deeded,Garage Door Opener,Ground Level,Guest,Under Building
Lot Information
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Size Acres: 0
  • Lot Size Square Feet: 0
  • Road Surface Type: Paved
  • Vegetation: Mature Landscaping,Trees/Landscaped
  • Water Source: Public
  • View: City,Park/Greenbelt,Water
  • Waterfront: No
Building Exterior/Construction
  • Architectural Style: Contemporary,Custom,Other
  • Attached Garage: Yes
  • Construction Materials: Block,Stucco
  • Direction Faces: Southwest
  • Patio And Porch Features: Covered,Rear Porch
  • Roof: Other
General Information
  • Carport: No
  • Exterior Features: Balcony,Sliding Doors,Storage
  • Other Structures: Storage
  • Pool Features: Heated,Lighting
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Available,Public,Water Connected



34236 (SARASOTA) Demographics
Median Age
Population Density (per sq. mile)
College Educated
Estimated Median Income
Estimated Total Home Owners
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.


Elementary Schools
Middle Schools
Sarasota Military Academy
  • Grades: 6 - 12 /
  • Enrollment: 1,355
Sarasota School Of Arts/Sciences
  • Grades: 6 - 8 /
  • Enrollment: 753
High Schools
Sarasota Military Academy
  • Grades: 6 - 12 /
  • Enrollment: 1,355
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$ %
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

Median Sales Price
Median Price per Square Foot
Properties Sold
New on Market
Average Days on Market
Properties for Sale
Calculations provided by Reliance Network


Date Event Value Agent
9/18/2023Source: My Florida Regional MLS Added to Database
September 18, 2023
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022