401 S Palm Avenue Unit 301, Sarasota, FL 34236

$2,700,000
3
BD
4
BA
3,172
SqFt

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Sold Price
$2,700,000
List Price
$2,999,000
Status
Sold
Days on Market
167
Closing Date
Mar 15, 2024
MLS#
A4579421
Property Style
Condo
Architectural Style
Contemporary
Year Built
2006
Bedrooms
3
Bathrooms
4
Baths Half
1
Living Area
3,172
Price per sq. ft.
945.46
Building Name
The Savoy On Palm
Monthly Condo Fee
3170
Legal Subdivision Name
The Savoy On Palm
Community Name
The Savoy On Palm
MLS Area Major
Sarasota

Property Description

Welcome to a truly exceptional offering in downtown Sarasota – an exclusive 3rd floor condo in the Savoy on Palm, an intimate building of only 24 units. Rarely available, this distinguished building and unique residence truly stands out amongst the crowd, offering security of a condo with the feelings of a house and yard. With easy access on the main level, this condo features a sprawling terrace over 3400 square feet that is a haven for dog owners and outdoor enthusiasts alike. Sliding and french doors lead you to the terrace from most rooms of the home. This expansive outdoor space is a private oasis, complete with a koi pond accompanied by a soothing waterfall, a gas grilling area, and plenty of seating space surrounded by the lush greenery of flowering trees. The interior of this condo seamlessly pairs elegance with space and functionality. Beautiful crown moldings, elegant window treatments, gas fireplace, and travertine marble floors adorn the living spaces, creating a warm and inviting atmosphere. With 3 bedrooms plus a den, 3.5 bathrooms, and approximately 3200 square feet, there is no shortage of space for comfortable living. The kitchen features plenty of cabinet space, Sub Zero, Dacor, and Bosch stainless appliances, wine refrigerator, a connection for gas cooktop is in place, a center island with sitting area, and a direct access to the terrace. The owner’s suite features custom walk-in closets, tray ceilings, and an ensuite bath, including double vanities, a marble walk-in shower, and large jetted tub to relax in. The den, currently utilized as a dining room, adds versatility to the layout, allowing you to personally tailor the space to your preferences. There is also a large laundry room with utility sink and plenty of storage. The 2 air conditioning units were replaced 3 years ago. Additionally, the property boasts the luxury of a private oversized 2-car garage and a storage area, providing secure parking and extra space for your belongings. Offering same-floor access, the Savoy on Palm features an array of amenities. You will find the lounge, complete with a catering kitchen, a state-of-the-art fitness center and massage room, and should guests wish to stay the night, a guest suite is readily available for their comfort. Enjoy the resort-style heated pool and spa, summer kitchen, convenience of a concierge, and a rooftop terrace providing panoramic views of the city skyline and stunning Sarasota Bay sunsets. This condo presents an unparalleled opportunity to experience the best of downtown Sarasota living. Walkable to the bayfront, many shops and restaurants, as well as the theater district, and a quick drive to St. Armands Circle and the white sand beaches, you have all Sarasota has to offer right at your fingertips. Rarely does a residence of this caliber become available – seize the chance to make it yours and indulge in the ultimate urban retreat.

Additional Information

Taxes
$15482
Minimum Lease Period
1-2 Years
Max Times per Year
1
Maintenance Includes
Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Management, Pool, Security, Sewer, Trash, Water
Condo Fees
$3170
Condo Fees Term
Monthly
Community Features
Buyer Approval Required, Pool, No Deed Restriction, Maintenance Free, Security
Property Description
One Story
Zoning
DTE
Interior Features
Built-in Features, Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
Floor
Carpet, Hardwood, Travertine
Appliances
Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
Utilities
Public
Heating
Electric
Air Conditioning
Zoned
Fireplace
Yes
Fireplace Description
Gas
Exterior Construction
Block, Concrete, Stucco
Exterior Features
French Doors, Garden, Lighting, Other, Outdoor Grill
Roof
Other
Foundation
Stilt/On Piling
Pool
Community
Garage Carport
2 Car Garage
Garage Spaces
2
Garage Features
Garage Door Opener, Under Building
Fences
Masonry
Pets
Allowed
Max Pet Weight
50
Pet Size
Medium (36-60 Lbs.)
Floor Number
1
Flood Zone Code
X, AE
Parcel ID
2027115001
Legal Description
UNIT 301, SAVOY ON PALM THE

Listing courtesy of MICHAEL SAUNDERS & COMPANY. 941-951-6660

Selling Office: MICHAEL SAUNDERS & COMPANY.

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