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An extraordinary penthouse residence crowns The Savoy, offering architectural distinction and exceptional privacy above downtown Sarasota.
The Savoy offers an intimate collection of just 24 luxury residences along prestigious South Palm Avenue.
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401 S Palm Avenue Unit 1102Sarasota, FL, 34236

3beds
4baths
4,385sqft
Condominium
Built in 2006
$5,495,000
For sale
Price per sqft
$1,253
Days on market
26
Listed
Oct 12
MLS #A4708735Updated Oct 31, 2026

About this property

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 5 private terraces and an unmatched indoor-outdoor living experience. 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, Sub-Zero refrigerator, Miele induction cooktop with gas burner and hood, an impressive 5-inch granite island with breakfast bar, a matching granite dining table, and beautiful bar with Sub-Zero wine refrigerator. Imported Italian porcelain tile flows throughout, creating a cohesive and sophisticated backdrop for everyday living and entertaining. Rich suede finishes, bespoke lighting, 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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Property details

Property type
Condominium
Street address
401 S Palm Avenue Unit 1102
City
Sarasota
State
FL
ZIP code
34236
Year built
2006
New construction
No
Faces
West
Rooms
8
Building stories
11
Living area
4,385 sqft
Total building area
5,001 sqft
Architectural style
Contemporary
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 7, 2026 at 10:15 PM EST

Price & sale history

EventPrice
Listed for saleMLS #A4708735$5,495,000
SoldMLS #A3943140$2,150,000
Price reducedMLS #A3943140$2,345,000Change: −9.6%−$250,000
Listed for saleMLS #A3943140$2,595,000
History may be incomplete.
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Location

An extraordinary penthouse residence crowns The Savoy, offering architectural distinction and exceptional privacy above downtown Sarasota.
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