401 S Palm Avenue Unit 1003, Sarasota, FL 34236

$3,200,000
3
BD
4
BA
2,975
SqFt

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Sold Price
$3,200,000
List Price
$3,275,000
Status
Sold
Days on Market
29
Closing Date
Nov 12, 2024
MLS#
A4616531
Property Style
Condo
Architectural Style
Contemporary
Year Built
2006
Bedrooms
3
Bathrooms
4
Baths Half
1
Living Area
2,975
Price per sq. ft.
1100.84
Building Name
The Savoy On Palm
Monthly Condo Fee
2974
Legal Subdivision Name
The Savoy On Palm
Community Name
The Savoy On Palm
MLS Area Major
Sarasota

Property Description

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.

Additional Information

Taxes
$25671
Minimum Lease Period
1-2 Years
Max Times per Year
1
Maintenance Includes
Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Security, Sewer, Trash, Water
Condo Fees
$8922
Condo Fees Term
Quarterly
Location
FloodZone, City Limits, Near Marina, Sidewalk
Community Features
Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Security
Property Description
One Story
Zoning
DTE
Interior Features
Built-in Features, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Floor
Marble
Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Wine Refrigerator
Utilities
Cable Connected, Natural Gas Connected, Public, Street Lights
Heating
Central, Zoned
Air Conditioning
Central Air, Zoned
Fireplace
Yes
Fireplace Description
Electric
Exterior Construction
Block, Stucco
Exterior Features
Balcony, Sliding Doors, Storage
Roof
Membrane
Foundation
Slab
Pool
Community
Pool Type
Heated, Lap
Garage Carport
2 Car Garage
Garage Spaces
2
Garage Features
Deeded, Ground Level, Guest, Under Building
Elementary School
Southside Elementary
Middle School
Booker Middle
High School
Sarasota High
Water View
Bay/Harbor - Full
Pets
Allowed
Max Pet Weight
50
Pet Size
Medium (36-60 Lbs.)
Floor Number
10
Flood Zone Code
AE, X
Parcel ID
2027115022
Legal Description
UNIT 1003, SAVOY ON PALM THE

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

Selling Office: COLDWELL BANKER REALTY.

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