Property
ActiveCondo
1/60
$5,675,000

401 S PALM AVENUE 1102

Sarasota, FL 34236
3
Beds
4
Baths
4,385
SqFt
0
Acres
STELLAR
#A4689269
Updated: Jun 17, 2026, 4:38pm

Property Description

Welcome to the premier offering at the Savoy—an extraordinary, one-of-a-kind penthouse with sweeping Sarasota Bay views, set along coveted, tree-lined South Palm Avenue and rising 11 stories above downtown, where elevated design meets refined living. Fully renovated and expertly designed by the current owner, this remarkable 4,385 sf home offers 4 private terraces and an unmatched indoor-outdoor living experience, all enhanced by seamless smart home integration. From the moment you arrive at your private elevator foyer, you are welcomed by custom glass double doors with genuine leather handles, set against a striking backdrop for the owner’s curated Chihuly glass collection. At the heart of the residence, the chef's kitchen is both striking and functional, appointed with Poggenpohl push-and-pull cabinetry, Wolf double ovens, Subzero refrigerator, Miele induction cooktop with gas burner, Miele hood, an impressive 5-inch granite island with breakfast bar, a matching granite dining table, and beautiful bar with Subzero wine refrigerator. Imported Italian porcelain tile flows throughout, creating a cohesive and sophisticated backdrop for everyday living and entertaining. Rich suede finishes, bespoke lighting throughout, custom wall coverings, and expansive walls of glass define the interiors, bathing the home in natural light while framing breathtaking panoramic Bay and City views from every angle. Designed for effortless entertaining, the top-level expansive newly tiled terrace is the perfect spot for cooking on your gas grill and enjoying all fresco dining and the sweeping skyline vistas. The serene and spacious primary suite features a spa-like bath with his and her vanities with integrated smart mirror TV displays, custom mosaic tile, tile and glass shower, and free-form 2 person Jacuzzi tub with air jets where you can relax and take in the incredible view. Guests enjoy a private and sumptuous guest suite with en-suite bath which easily functions as a second primary suite. The 3rd bedroom is currently used as an office with high-end custom built-ins perfect for productivity. The spacious living and family rooms both feature media centers with rich piano-gloss wood paneling. The smart-home residence features modern conveniences which elevate daily living such as custom walk-in closets with sensor-activated lighting, integrated motorized window treatments, automatic lighting and whole home Sonos audio, and is equipped with three A/C units, new digital Essency water heater, and Aquasana whole house water filtration system, ensuring comfort and peace of mind. Rare private 3 car garage with EV charger with 1 section that has been enclosed and air conditioned. Residents of the 24-unit Savoy enjoy an array of upscale amenities, including heated lap pool and spa, concierge and full time on-site manager, guest suite, towel service, locker rooms with sauna, a dog run, grilling area and catering kitchen, building water softener, secure parking, and elegant gathering spaces designed for hosting and connection. Located just steps from Sarasota's Main Street, Burns Court, the Bayfront, and Selby Gardens, this exceptional penthouse offering simply cannot be replicated.
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Included Appliances
Bar FridgeBuilt-In OvenCooktopDishwasherDisposalDryerElectric Water HeaterMicrowaveRange HoodRefrigeratorWater Filtration System

Property Details

Highlights
View
Yes
Interior
Additional Rooms
Family RoomInside UtilityStorage Rooms
Appliances
Bar FridgeBuilt-In OvenCooktopDishwasherDisposalDryerElectric Water HeaterMicrowaveRange HoodRefrigeratorWater Filtration System
Bathrooms Total Decimal
3.5
Building Area Total
5001
Cooling
Central AirZoned
Floor Number
11
Flooring
CarpetPorcelain Tile
Furnished
Unfurnished
Heating
CentralElectricZoned
Interior Features
Built-in FeaturesDry BarEating Space In KitchenOpen FloorplanPrimary Bedroom Main FloorSolid Wood CabinetsSplit BedroomStone CountersWalk-In Closet(s)
Laundry Features
Laundry Room
Living Area
4385
Rooms Total
8
Security Features
Fire AlarmFire Sprinkler SystemGated CommunityKey Card EntrySmoke Detector(s)
Window Features
Storm Window(s)Window Treatments
Construction
Architectural Style
Contemporary
Building Area Source
Public Records
Building Area Units
Square Feet
Common Walls
Corner Unit
Construction Materials
BlockStucco
Direction Faces
West
Foundation Details
Stilt/On Piling
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Num Timesper Year
Yes
Property Condition
Completed
Roof
Membrane
Stories Total
11
Year Built
2006
Site & Exterior
Covered Spaces
3
Exterior Features
BalconySliding DoorsStorage
Flood Zone Code
AEX
Garage Spaces
3
I D X Participation
Yes
Lot Features
City LotLandscapedNear MarinaNear Public TransitSidewalk
Open Parking
Yes
Parking Features
Circular DrivewayDeededElectric Vehicle Charging Station(s)GuestOn StreetUnder Building
Pool Features
HeatedLap
Public Survey Range
18E
Public Survey Section
19
Road Surface Type
Paved
Sewer
Public Sewer
Spa Features
Heated
Utilities
BB/HS Internet AvailableCable ConnectedNatural Gas AvailablePublicStreet Lights
View
Water
Water Body Name
SARASOTA BAY
Water Source
Public
Water View
Yes
Zoning
DTE
Financials
Association Fee Includes
Cable TVCommunity PoolEscrow Reserves FundGasInsuranceInternetMaintenance StructureMaintenance GroundsManagerPest ControlPool MaintenanceRecreational FacilitiesSecuritySewerTrashWater
Calculated List Price By Calculated Sq Ft
1294.18
Condo Fees
14607
Condo Fees Term
Quarterly
Contract Status Change Date
2026-05-01
Current Price
5675000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
1-2 Years
Monthly Condo Fee Amount
4869
Owner Name
ON RECORD
Ownership
Condominium
Parcel Number
2027115024
Public Survey Township
36S
Tax Annual Amount
44993
Tax Legal Description
UNIT 1102, SAVOY ON PALM THE
Tax Year
2025
Total Annual Fees
58428
Total Monthly Fees
4869

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Lease restrictions
Association Amenities
Cable TVElevator(s)Fitness CenterLobby Key RequiredPoolSaunaSecuritySpa/Hot TubStorage
Association Approval Required
Yes
Association Email
billv_at_thesavoy.verizon.net
Association Name
Bill Veal
Association Phone
941-951-2800
Community Features
Association Recreation - OwnedBuyer Approval RequiredDeed RestrictionsFitness CenterPool
Lease Restrictions
Yes
M L S Area Major
34236 - Sarasota
Max Pet Weight
50
Number Of Pets
2
Pet Size
Medium (36-60 Lbs.)
Pets Allowed
Yes
S W Subdiv Community Name
Savoy On Palm
Subdivision Name
THE SAVOY ON PALM
Schools
Ratings
Elementary
Southside Elementary
Middle
Booker Middle
High
Sarasota High
Listing provided courtesy of STELLAR via IDX. Updated: Jun 17, 2026, 4:38pm.
Lenore Treiman

Listing Agent

MICHAEL SAUNDERS & COMPANY

Call Agent