Sold

401 S PALM AVE #1003

SARASOTA FL, 34236

$3,200,000


$1,075.63 per sqft

Sold

3 Beds

4 Baths

2,975 sqft

Condos

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.

A4616531

MLS ID

September 16, 2024

Listed

November 12, 2024

Updated

Map

401 S PALM AVE #1003
SARASOTA FL, 34236

Interior Features

Total Stories

11


Bedrooms

3


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


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


Appliances

Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Wine Refrigerator


Laundry Description

Laundry Room


Floor Description

Marble


Fireplace

Yes


Fireplace Description

Electric


Cooling

Yes


Cooling Description

Central Air, Zoned


Heating

Yes


Heating Description

Central, Zoned

Exterior/Building Features

Exterior Features

Balcony, Sliding Doors, Storage


Lot Features

Flood Zone, City Limits, Near Marina, Sidewalk


Architectual Style

Contemporary


Roof

Membrane


Sewer

Public Sewer

School Information

High School

Sarasota High


Elementary School

Southside Elementary

Other Property Details

Area Name

34236 - Sarasota


Taxes

$25,671


Tax Frequency

Annually


Association Fee Frequency

Monthly


Association Amenities

Security


Garage

Yes


Garage Spaces

2


Parking

Deeded, Ground Level, Guest, Under Building


View

Yes


View Description

Water


County

Sarasota


Municipality

36S


Water Source

Public


Pool

No


Pool Features

Heated, Lap


Zoning

DTE

Listing History

Date

Event

Price

11/12/2024

Sold

$3,200,000

10/15/2024

Pending

10/15/2024

Active

Listed by MICHAEL SAUNDERS & COMPANY
Listing Contact: 941-951-6660 

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