by RH Advisors

See Home Value
$2,995,001
Condo - Off Market

401 S Palm AVENUE #403

SARASOTA, FL 34236
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2975 Sqft
$2,995,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

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, virtually sound-proof walls, 270 degrees of stunning city, Bay and Gulf views, 3 large balconies, a private 2-car garage and other 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 3 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. Furnishings and artwork available outside the real estate.
Unit Size
2,975Ft²
Days on Market
52 days
Land Size
-
Price per sqft
$1,007
Property Type
Condo
Property Taxes
$1,821
HOA Dues
-
Year Built
-
Last updated: 16 days ago (Stellar MLS #A4582722)

Price History

Date / Event Date Event Price
Nov 13, 2023 Sold to Forster $2,995,000
Sold to Forster
Oct 11, 2023 In contract -
In contract
Sep 18, 2023 Listed by COLDWELL BANKER REALTY $2,995,000
Listed by COLDWELL BANKER REALTY
Jan 24, 2020 Sold to John H Hummel, Rita D Hummel $1,810,000
Sold to John H Hummel, Rita D Hummel
Nov 25, 2019 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Garage
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Assigned, Covered, Deeded, Garage Door Opener, Ground Level, Guest, Under Building
Garage Spaces: 2
Garage Dimensions: 23x20
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Flooring Type: Porcelain Tile, Tile, Hardwood
Laundry Features: Laundry Room
Rooms: 8
Exterior Details
Square Footage: 2975
Square Footage Source: $0
Security Features: Secured Garage/Parking, Smoke Detector(s)
Architectural Style: Contemporary, Custom, Other
Year Built: 2006
Waterview: Bay/Harbor - Full, Bay/Harbor - Partial, Gulf/Ocean - Partial
Waterbody Name: Sarasota Bay / Gulf Of Mexico
Building Area Total: 3450
Levels: One
Other Structures: Storage
Building Area Units: Square Feet
Window Features: Blinds
Construction Materials: Block, Stucco
Patio and Porch Features: Covered, Rear Porch
Pool Features: Heated, Lighting
Lot Features: FloodZone
Tax Lot: 401
Water Source: Public
Financial Details
Tax Annual Amount: $21,855
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Central, Electric, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
3 Baths
3,477 ft²
$863/ft²
$3,000,000 Mar 16, 2023
$3,000,000 Aug 31, 2023
$1,214/mo
Condo
3 Beds
4 Baths
2,803 ft²
$1,195/ft²
$3,350,000 Apr 27, 2023
$3,350,000 Aug 14, 2023
$2,982/mo
Condo
3 Beds
4 Baths
3,172 ft²
$851/ft²
$2,700,000 Aug 17, 2023
$2,700,000 Mar 15, 2024
$1,290/mo
Condo
3 Beds
4 Baths
3,910 ft²
$857/ft²
$3,350,000 Dec 1, 2023
$3,350,000 Jan 29, 2024
$1,799/mo
Condo
3 Beds
4 Baths
3,412 ft²
$967/ft²
$3,300,000 Dec 20, 2023
$3,300,000 Feb 26, 2024
$2,204/mo
Condo
3 Beds
3 Baths
2,313 ft²
$1,401/ft²
$3,240,000 Jan 10, 2024
$3,240,000 Feb 1, 2024
$2,601/mo
Condo
3 Beds
4 Baths
3,365 ft²
$736/ft²
$2,475,000 Jan 31, 2024
-
$1,012/mo
Condo
3 Beds
3 Baths
2,550 ft²
$1,020/ft²
$2,600,000 Jan 8, 2024
-
$1,985/mo
Condo
3 Beds
5 Baths
3,315 ft²
$995/ft²
$3,300,000 Nov 27, 2023
-
$1,675/mo
Condo
3 Beds
4 Baths
2,979 ft²
$940/ft²
$2,800,000 Oct 6, 2023
-
$2,630/mo
Condo
3 Beds
4 Baths
2,750 ft²
$1,089/ft²
$2,995,000 Nov 11, 2023
-
$1,626/mo
Condo
3 Beds
4 Baths
2,750 ft²
$1,055/ft²
$2,900,000 Jan 16, 2024
-
$3,063/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231113 Unit 1002
11/13/2023
3 Bed
4 Bath
3600 ft²
$3,200,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3600 ft²
$3,200,000
01/16/2024
-
Lisa Morris
PREMIER SOTHEBYS INTL REALTY
20230918 Unit 403
09/18/2023
403
3 Bed
4 Bath
2975 ft²
$2,995,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2975 ft²
$2,995,000
11/13/2023
Ryan Ackerman
COLDWELL BANKER REALTY
20230817 Unit 301
08/17/2023
301
3 Bed
4 Bath
3172 ft²
$3,100,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3172 ft²
$2,700,000 -12.90%
03/15/2024
-
Bibi-Ann Allard, PA
MICHAEL SAUNDERS & COMPANY
20230426 Unit 1001
04/26/2023
3 Bed
4 Bath
3172 ft²
$3,195,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3172 ft²
$3,100,000 -2.97%
10/04/2023
-
Bibi-Ann Allard, PA
MICHAEL SAUNDERS & COMPANY
20190927 Unit 403
09/27/2019
403
3 Bed
4 Bath
2975 ft²
$1,795,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2975 ft²
$1,810,000 +0.84%
01/24/2020
Ryan Ackerman
20181019 Unit 402
10/19/2018
402
3 Bed
4 Bath
3600 ft²
$2,200,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3600 ft²
-
-
-
-

Building Info

401 South Palm Avenue 401 South Palm Avenue, Sarasota, FL 34236
More about this Building
401 South Palm Avenue
Want to find out who owns 401 South Palm Avenue, Sarasota, FL 34236? Get detailed property transactions here .

About Downtown Sarasota


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