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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 chefs 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 citys cosmopolitan shops and restaurants. The Seller will entertain the possibility of a Lease-Purchase.
Property Details
Price: $2,995,000
Sq Ft: 3,172
($944 per sqft)
Bedrooms: 3
Bathrooms: 3
Partial Baths: 1
City: Sarasota
County: Sarasota
Type: Condominium
Development: The Savoy On Palm
Year Built: 2006
Listing Number: A4670548
Status Code: A-Active
Taxes: $26.00
Tax Year: 2025
Garage:
2
Furnishings: Unfurnished
Pets Allowed: Number Limit, Yes
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
Amenities:
Clubhouse
Elevator(s)
Fitness Center
Gated
Maintenance
Pool
Security
Spa/Hot Tub
Storage
Financial Information:
Taxes: $26.00
Tax Year: 2025
Exterior Features:
Balcony
Sliding Doors
Equipment:
Built-In Oven
Cooktop
Dishwasher
Disposal
Dryer
Freezer
Microwave
Range Hood
Refrigerator
Washer
Wine Refrigerator
View:
City
Water
School Information:
Elementary School: Southside Elementary
Middle School: Booker Middle
Junior High: Booker Middle
High School: Sarasota High
Additional Information:
MLS Area: 34236 - Sarasota
Price per Square Feet: $944.20
Total Floors: 11
Water: Public
Lot Desc.: City Limits, Landscaped, Near Marina, Near Public Transit, Sidewalk, Paved
Construction: Stucco
Date Listed: 2025-10-31 20:36:18
Pool: No
Furnished: Unfurnished
Windows: Blinds, Shades
Parking: Assigned, Garage Door Opener, Ground Level, On Street, Reserved, Basement
Garage Spaces: 2
Flooring: Carpet, Ceramic Tile, Hardwood
Roof: Concrete
Heating: Central
Cooling: Central Air
Pets: Number Limit, Yes
Sewer: Public Sewer
Amenities: Clubhouse, Elevator(S), Fitness Center, Gated, Maintenance, Pool, Security, Spa/Hot Tub, Storage
Map of 401 Palm Avenue S #801, Sarasota, FL 34236
Listing Courtesy Of: Michael Saunders & Company
kimogilvie@michaelsaunders.com