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Listing Details for MLS #A4689269 - 401 S Palm Avenue Unit 1102, Sarasota, Fl 34236

Inquire

Residential Property - Condominium in Sarasota

Listing Price: $5,675,000Days on Market: 31

Description of Property

Welcome to the premier offering at the Savoy—an extraordinary, one-of-a-kind penthouse with sweeping Sarasota Bay views, set along coveted, tree-lined South Palm Avenue and rising 11 stories above downtown, where elevated design meets refined living. Fully renovated and expertly designed by the current owner, this remarkable 4,385 sf home offers 4 private terraces and an unmatched indoor-outdoor living experience, all enhanced by seamless smart home integration. From the moment you arrive at your private elevator foyer, you are welcomed by custom glass double doors with genuine leather handles, set against a striking backdrop for the owner’s curated Chihuly glass collection. At the heart of the residence, the chef's kitchen is both striking and functional, appointed with Poggenpohl push-and-pull cabinetry, Wolf double ovens, Subzero refrigerator, Miele induction cooktop with gas burner, Miele hood, an impressive 5-inch granite island with breakfast bar, a matching granite dining table, and beautiful bar with Subzero wine refrigerator. Imported Italian porcelain tile flows throughout, creating a cohesive and sophisticated backdrop for everyday living and entertaining. Rich suede finishes, bespoke lighting throughout, custom wall coverings, and expansive walls of glass define the interiors, bathing the home in natural light while framing breathtaking panoramic Bay and City views from every angle. Designed for effortless entertaining, the top-level expansive newly tiled terrace is the perfect spot for cooking on your gas grill and enjoying all fresco dining and the sweeping skyline vistas. The serene and spacious primary suite features a spa-like bath with his and her vanities with integrated smart mirror TV displays, custom mosaic tile, tile and glass shower, and free-form 2 person Jacuzzi tub with air jets where you can relax and take in the incredible view. Guests enjoy a private and sumptuous guest suite with en-suite bath which easily functions as a second primary suite. The 3rd bedroom is currently used as an office with high-end custom built-ins perfect for productivity. The spacious living and family rooms both feature media centers with rich piano-gloss wood paneling. The smart-home residence features modern conveniences which elevate daily living such as custom walk-in closets with sensor-activated lighting, integrated motorized window treatments, automatic lighting and whole home Sonos audio, and is equipped with three A/C units, new digital Essency water heater, and Aquasana whole house water filtration system, ensuring comfort and peace of mind. Rare private 3 car garage with EV charger with 1 section that has been enclosed and air conditioned. Residents of the 24-unit Savoy enjoy an array of upscale amenities, including heated lap pool and spa, concierge and full time on-site manager, guest suite, towel service, locker rooms with sauna, a dog run, grilling area and catering kitchen, building water softener, secure parking, and elegant gathering spaces designed for hosting and connection. Located just steps from Sarasota's Main Street, Burns Court, the Bayfront, and Selby Gardens, this exceptional penthouse offering simply cannot be replicated.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $4,038,607. This condominium is listed at about 141% of the average asking price. There are 8 3 bedroom/3 bath homes between $5,000,000 and $6,400,000 currently listed for sale in this Zip code. See other listings like this one »

MLS #A4689269 - SARASOTA
MLS #A4689269 - SARASOTA
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Property Details At A Glance

  • Virtual Tour

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: The Savoy On Palm
Bedrooms: 3
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 5,001
Sq. Ft. Living Area: 4,385
Cost per (heated) sqare foot: $1,294
Year built: 2006
Annual Tax: $44,993

Condo Fee: $14,607 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.

Association Fee Includes:

  • Water

Interior Features: Walk-In Closet(s)
Appliances: Water Filtration System

Window Features: Window Treatments

Additional Rooms: Storage Rooms

Flooring: Porcelain Tile

Laundry Features: Laundry Room

Schools

Elementary School: Southside Elementary
Middle/Junior High School: Booker Middle
High School: Sarasota High

Pool & Waterfront Info

Private Pool: Not specified
Pool Features: Lap
Spa Features: Heated
Water Name: SARASOTA BAY

Exterior & Construction

Architectural Style: Contemporary
Construction: Stucco
Foundation: Stilt/On Piling
Roof: Membrane
Exterior Features: Storage
Garage: Yes
Garage Spaces: 3
Parking Features: Under Building
Floors Total: 11
Floors in Unit: One
Cooling: Zoned
Heating & Fuel: Zoned
Security Features: Smoke Detector(s)
View: Water

Utilities: Street Lights
Sewer: Public Sewer
Water Source: Public
Community Features: Pool
Association Amenities: Storage

Lot Information

Lot Features: Sidewalk
Front Exposure: West

Legal Description & Other Information

Financing Available: Conventional
Parcel Number: 2027115024
Zoning: DTE
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT 1102, SAVOY ON PALM THE
Section: 19
Range: 18E

 

Map

 

Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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