401 S Palm AVENUE #1003 Sarasota, FL $ 3,275,000
401 S Palm AVENUE #1003
$ 3,275,000
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401 S Palm AVENUE #1003

Sarasota, FL, 34236
$ 3,275,000
Bedrooms3 Baths3.1 Sq 2,975

Monthly Estimate*

$ 19,614

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Condo for sale in Sarasota, FL

for $3,275,000 with 3 bedrooms and 3 full baths, 1 half bath. This 2,975 square foot condo was built in 2006.

Nestled in an unparalleled location on Palm Avenue in Downtown Sarasota, this rarely available, spectacular 3 bedroom, 3.5 bath, 2975 sf residence offers sweeping views of Sarasota Bay in the coveted Savoy on Palm with only 24 exclusive units. This 10th floor condominium has undergone a remarkable renovation with every detail meticulously designed, crafted and executed. The luxurious tone begins with the custom 8' stainless steel and glass inlay doors in the private entry foyer, white marble floors, silver metallic cabinetry and trim, and chic dark green marble feature walls. The living room with beautiful electric fireplace and adjacent large dining room feature designer lighting and boast glorious natural light and incredible water views through floor to ceiling impact sliding doors. Enjoy a beverage on the sprawling wrap around terrace or relax and watch the sunset as the balmy breezes envelop the space. The state-of-the-art kitchen features chic white metallic Poggenpohl cabinetry, white Seaglass countertops/island, hand-crafted and stylish La Cornue gas range, Subzero refrigerator, Wolf stainless hood, Bosch dishwasher, under counter beverage refrigerator, custom glass front built-ins with 8' lighted glass-inlay doors clad in stainless steel, and classic white subway tile backsplash in a herringbone pattern. A well-appointed and renovated powder room is located just off the entertaining spaces. The primary bedroom and luxe bathroom, a restful retreat with fantastic Bay views and private terrace access, has been completely renovated. Marble, glass, tile and timeless stainless fixtures elicit a refined yet peaceful feel. Notable features include glass and tile surround shower with rain head, free standing soaking tub, marble countertops with dual sinks, and 2 walk-in closets. The guest bedrooms, one with Murphy bed and wood built-ins, have renovated en-suite baths with fully updated amenities including Taj Mahal Quartzite and sea glass counters, high seat Kohler commodes, glass sink, shower niches, and Riobel shower handles. Custom closets offer plenty of storage space. The laundry room has been revamped with Maytag commercial washer/dryer, utility sink, cabinets, and granite countertop/backsplash. The furnishings and appointments include museum-quality, antique and mid-century pieces. Further enhancing the stylish decor are 7 stainless and glass inlay soft-close pocket doors, new Restoration Hardware Ralph Lauren Collection lighting, 9-foot ceilings and 8' doors exclusive to the 10th floor and penthouse levels, and electric window treatments. The residence is equipped with 2 AC zones with UV lights, ensuring comfort and efficiency. The private 2-car oversized garage with custom storage and epoxy floor is a rare amenity in this Downtown setting. The Savoy on Palm offers a private boutique setting for the ultimate in stylish city living. Residents enjoy concierge service, on-site manager, a tropical poolside oasis with 60' pool/spa, fitness center with massage room, social room with catering kitchen, guest suite, air-conditioned storage, fenced dog walk, and rooftop sunset terrace. Sarasota is renowned as the cultural capital of Florida, with its pristine powder soft beaches, restaurants, shops, marinas, golf courses, and sporting events. This property epitomizes luxury living in Sarasota, offering both elegance and functionality in a coveted waterfront setting.

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Condo Pending

Price

$ 3,275,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Condo

Taxes

$ 25,671

Style

Contemporary

Year Built

2006

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4616531

Features
General
Interior Features built-in features eating space in kitchen living room/dining room combo open floorplan split bedroom stone counters walk-in closet(s) window treatments
Sewer public sewer
Heating central zoned
Cooling central air zoned
Utilities cable connected natural gas connected public street lights
Roof membrane
Appliances built-in oven cooktop dishwasher disposal dryer electric water heater exhaust fan microwave refrigerator washer wine refrigerator
Exterior Features balcony sliding doors storage
Zoning dte
Garage Spaces 2
Association Fee Includes community pool escrow reserves fund maintenance structure maintenance grounds pool maintenance security sewer trash water
Architectural Style contemporary
Pool Features heated lap
Security Features smoke detector(s)
Construction Materials block stucco
Pets Allowed cats ok dogs ok number limit size limit yes
Year Built 2006
View water
Levels one
Unit Number 1003
Property SubType condominium
Tax Year 2023
Percent Ownership condominium
Community Features association recreation - owned buyer approval required deed restrictions fitness center pool
County sarasota
New Construction no
Property Type residential
Association Amenities security
Home Owner Assoc no
Attached Garage yes
Subdivision Name the savoy on palm
Facing Direction west
Garage Y/N yes
Total Rooms 7
Full Baths 3
Status pending
Directions us 41 to ringling blvd. turn south on palm avenue to the savoy on the left #1003.
High School sarasota high
City sarasota
Disclosures condominium disclosure available seller property disclosure
Association Name bill veal
View Y/N yes
Senior Community Y/N no
MLS Area 34236 - sarasota
Lot Size Square Feet 0
Waterfront Y/N no
Carport Y/N no
Elementary School southside elementary
Land Lease Y/N no
Tax Annual Amount 25671
Middle/Junior High School booker middle
Property Condition completed
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://srq-photo-video.seehouseat.com/2257621?idx=1
Days on Market 0
Building Area Units square feet
Living Area Units square feet
Standard Status pending
Occupancy Type owner
Tax Lot 0
Legal Description unit 1003 savoy on palm the
Water View bay/harbor - full
Pet Size Limit medium (36-60 lbs.)
Minimum Lease 1-2 years
Water Access Y/N no
Monthly Condo Fee Amount 2974
HOA Monthly Maintenance 0
Additional Rooms inside utility storage rooms
Water View Y/N yes
Flood Zone Code ae x
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Interior
Flooring marble
Fireplace Features electric
Total Stories 11
Common Walls corner unit
Air Conditioning Y/N yes
Heating Y/N yes
Window Features impact glass/storm windows window treatments
Fireplace Y/N yes
Half Baths 1
Laundry Features laundry room
Total Bedrooms 3
Total Baths 4
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Exterior
Parking Features deeded ground level guest under building
Lot Features floodzone city lot near marina sidewalk
Water Source public
Foundation Details slab
Spa no
Building Area Total 3450
Lot Size Acres 0
Road Surface Type paved
Covered Spaces 2
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* Excluded Features
List By
Michael Saunders & Company

Broker

lenoretreiman@michaelsaunders.com

Email

Affordability Calculator

$21,753
Per Month
90%
10%
0%
Monthly Principal & Interest
$19,614
Monthly Property Taxes
$2,139
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3325486 Elementary School
3324204 Middle School
Sarasota High High School
Pricing History
DatePricePrice ChangeDescription
9/16/2024$3,275,000 Listed Price

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401 S Palm AVENUE #1003, Sarasota, FL, 34236 is a Condo for sale at $3,275,000 with 2,975 sqft. 401 S Palm AVENUE #1003 has 3 bedrooms, 3.1 baths, and was built in 2006. The property's zip code is 34236 which is in Sarasota, FL