Seller's Agent in 2023
Bibi-Ann Allard
Michael Saunders
(941) 685-0422
88 in this area
113 Total Sales
401 S Palm Ave Unit 1001 Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated Value: $2,692,000 - $3,266,000
3
Beds
3.5
Baths
3,172
Sq Ft
$2,816/mo
HOA Fee
Highlights
- Fitness Center
- Heated Lap Pool
- High Ceiling
- Southside Elementary School Rated A
- Full Bay or Harbor Views
- 2-minute walk to Bayfront Park Sarasota
About This Home
As of October 2023Experience breathtaking water views from this stunning 10th floor residence in The Savoy! Located on the picturesque Palm Avenue, one of the prettiest streets in downtown Sarasota, and just steps away from the bayfront, The Savoy offers a harmonious blend of natural surroundings and city living. With only 24 units, The Savoy is an exclusive and sophisticated building that offers leisure and comfort to its residents. This coveted corner unit boasts 3172 sq. ft of living space, 3 en-suite bedrooms, ½ bath, office, private elevator foyer, oversized 2 car garage, and 10 ft ceilings. Walls of floor-to-ceiling impact-resistant tinted glass provide natural light and showcase spectacular sunrises and sunsets. Enjoy the amazing views from 3 balconies, including one that is perfect for outdoor dining. The gourmet kitchen is a chef's dream with upgraded Poggenpohl Pearwood cabinetry, top of the line appliances including a Sub Zero refrigerator, 5 burner Miele gas range, Dacor ovens & microwave, Bosch dishwasher, and an island with a designer glass table. An elegant dining room and living room, with surround sound system, are well positioned to capture the splendid bay and city views. The owner's suite is a peaceful retreat with direct access to the balcony, 2 custom walk-in closets, and a luxurious bathroom with custom cabinetry, 2 sinks, jetted tub, shower, and water closet with bidet. A pleasant den/office space with window and built-ins has its own quiet area. The other 2 bedrooms have a private bathroom, walk-in closets, and each has access to a large balcony. Exceptional amenities in a serene retreat-like setting include a heated lap pool & spa, outdoor kitchen with a grill, fitness center, a massage room, saunas, a guest suite, a social room with a full bar and catering kitchen, a living room, a roof top terrace, a dog walk area, and concierge services. The reserves are fully funded, providing you with peace of mind. Enjoy maintenance-free living in this prestigious downtown location. This is an opportunity not to be missed!
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0697394 Listed on: 04/26/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $26,107
Year Built
- Built in 2006
Lot Details
- West Facing Home
HOA Fees
- $2,816 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Secured Garage or Parking
- Parking Garage Space
Home Design
- Slab Foundation
- Block Exterior
- Stucco
Interior Spaces
- 3,172 Sq Ft Home
- Built-In Features
- Shelving
- High Ceiling
- Ceiling Fan
- Shades
- Sliding Doors
- Entrance Foyer
- Combination Dining and Living Room
- Den
- Storage Room
- Full Bay or Harbor Views
Kitchen
- Eat-In Kitchen
- Built-In Convection Oven
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Solid Surface Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Carpet
- Tile
- Travertine
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- En-Suite Bathroom
- Walk-In Closet
- Bidet
- Dual Sinks
- Bathtub With Separate Shower Stall
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Pool
- Heated Lap Pool
- Heated Spa
Outdoor Features
- Balcony
- Outdoor Storage
Utilities
- Zoned Heating and Cooling
- Thermostat
- Natural Gas Connected
- Water Filtration System
- Electric Water Heater
- Water Purifier
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 2027115020
Community Details
Overview
- Association fees include pool, escrow reserves fund, gas, insurance, maintenance structure, ground maintenance, management, recreational facilities, sewer, trash, water
- Bill Veal Association
- High-Rise Condominium
- Savoy On Palm Community
- The Savoy On Palm Subdivision
- 11-Story Property
Amenities
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
- Pets up to 50 lbs
Security
- Security Service
- Card or Code Access
- High Impact Windows
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2023
Closed on
Oct 2, 2023
Sold by
Cohen Albert H and Cohen Norma
Bought by
Edgar M Snyder Revocable Trust and Snyder
Seller's Agent
Bibi-Ann Allard
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Laura Pearson
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$3,195,000
Sold Price
$3,100,000
Premium/Discount to List
-$95,000
-2.97%
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$193,231
Avg. Annual Appreciation
-0.15%
Purchase Details
Closed on
May 4, 2023
Sold by
Cohen Albert H and Cohen Norma
Bought by
Cohen Albert H and Cohen Norma
Purchase Details
Closed on
Jul 18, 2014
Sold by
Cohen Albert H and Cohen Norma
Bought by
Cohen Albert H and Cohen Norma
Purchase Details
Listed on
Apr 3, 2013
Closed on
Jul 3, 2013
Sold by
Ruben Wayne M and Ruben Ronna S
Bought by
Cohen Albert H and Cohen Norma
Seller's Agent
Lenore Treiman
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Bibi-Ann Allard
MICHAEL SAUNDERS & COMPANY
List Price
$2,099,000
Sold Price
$1,950,000
Premium/Discount to List
-$149,000
-7.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Purchase Details
Closed on
Sep 1, 2006
Sold by
Floria Llc
Bought by
Ruben Wayne M and Ruben Ronna S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Edgar M Snyder Revocable Trust | $3,100,000 | None Listed On Document | |
| Cohen Albert H | $100 | None Listed On Document | |
| Cohen Albert H | -- | Attorney | |
| Cohen Albert H | $1,950,000 | Attorney | |
| Ruben Wayne M | $1,555,500 | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2023 10/04/23 | Sold | $3,100,000 | -3.0% | $977 / Sq Ft |
| 05/11/2023 05/11/23 | Pending | -- | -- | -- |
| 04/26/2023 04/26/23 | For Sale | $3,195,000 | +63.8% | $1,007 / Sq Ft |
| 07/03/2013 07/03/13 | Sold | $1,950,000 | -7.1% | $615 / Sq Ft |
| 05/28/2013 05/28/13 | Pending | -- | -- | -- |
| 04/03/2013 04/03/13 | For Sale | $2,099,000 | -- | $662 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $26,733 | $2,528,100 | -- | $2,528,100 |
| 2023 | $26,733 | $1,815,870 | $0 | $0 |
| 2022 | $26,107 | $1,762,981 | $0 | $0 |
| 2021 | $26,375 | $1,711,632 | $0 | $0 |
| 2020 | $26,697 | $1,688,000 | $0 | $1,688,000 |
| 2019 | $27,510 | $1,743,296 | $0 | $0 |
| 2018 | $27,076 | $1,710,791 | $0 | $0 |
| 2017 | $26,773 | $1,675,603 | $0 | $0 |
| 2016 | $26,758 | $1,785,700 | $0 | $1,785,700 |
| 2015 | $27,167 | $1,722,100 | $0 | $1,722,100 |
| 2014 | $27,150 | $1,330,745 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Laura Pearson
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 993-5167
4 in this area
27 Total Sales
-
Seller's Agent in 2013
Lenore Treiman
Michael Saunders
(941) 356-9642
37 in this area
146 Total Sales
-
Buyer Co-Listing Agent in 2013
Kevin Moran
Michael Saunders
(941) 920-8600
2 in this area
9 Total Sales
Map
Source: Stellar MLS
MLS Number: A4568472
APN: 2027-11-5020
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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