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Property Description

The Savoy is 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 3 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 owner's 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, guest suite, 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.

Overview

Property Status
Sold
Date Sold
February 24, 2026
MLS ID
A4670548
Property Type
Condo
Year Built
2006

Features & Amenities

Total Area
3,172 Sq.Ft.
Neighborhood
Downtown Sarasota
Architecture Styles
Contemporary
View Description
City, Water
Stories
11
Garage Spaces
2.0
Water Source
Public
Utilities
Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Roof
Concrete
Lot Features
City Limits, Landscaped, Near Marina, Near Public Transit, Sidewalk, Paved
Parking
Assigned, Garage Door Opener, Ground Level, On Street, Reserved, Basement
Heat Type
Central
Air Conditioning
Central Air
Laundry Room
Inside, Laundry Room
Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Other Interior Features
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
Sewer
Public Sewer
Substructure
Stilt/On Piling
HOA Amenities
Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Security, Spa/Hot Tub, Storage
Security Features
Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated Community, Key Card Entry, Smoke Detector(s)
Other Exterior Features
Balcony, Sliding Doors
Elementary School
Southside Elementary
Middle School
Booker Middle
High School
Sarasota High
Sales Price
$2,800,000
Real Estate Tax
$26,920/yr
HOA
$3,214/mo
Zoning
DTE

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401 S PALM AVE #801

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for your interest in 401 S PALM AVE #801, SARASOTA, FL 34236

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