401 S Palm Ave is located in Sarasota, near the intersection of South Osprey Avenue and Siesta Drive. This building sits close to Sarasota Bay, which enhances the area’s waterfront charm. The vibrant downtown scene lies within walking distance, offering a lively atmosphere.
The building, known as The Savoy, is a high-rise structure with 11 stories. It contains 17 condominium units, with sizes ranging from 2,975 to 4,385 square feet. Each unit includes 3 bedrooms, making it suitable for families or those needing space. The building was constructed in 2006, showing modern design elements throughout.
Prices for the units range from $3,100,000 to $3,200,000, with an average closed price of about $2,800,000. The average price per square foot is approximately $883. Units typically spend about 120 days on market before selling. These price points reflect the luxury lifestyle and high-quality living experience offered in this community.
Residents enjoy several shared amenities, including a private pool, fitness center, and a clubhouse. The building provides conveniences like laundry facilities and elevators. Sidewalks and streetlights promote a pedestrian-friendly environment. Other amenities include a spa/hot tub and concierge service for added assistance.
Dining options nearby include Owen's Fish Camp and Burns Court Cafe, adding to the local charm. The tree-lined street enhances the scenic beauty of the neighborhood. Walkability to Main Street allows for easy access to shopping and entertainment, enriching the living experience at The Savoy.
Overall, this building stands out for its luxurious design and ample amenities. The intimacy of the community combined with its sophisticated features makes it a desirable place to call home in Sarasota. Residents can enjoy both the serenity of waterfront living and the excitement of downtown life.
401 S Palm Ave is located in Sarasota, near the intersection of South Osprey Avenue and Siesta Drive. This building sits close to Sarasota Bay, which enhances the area’s waterfront charm. The vibrant downtown scene lies within walking distance, offering a lively atmosphere.
The building, known as The Savoy, is a high-rise structure with 11 stories. It contains 17 condominium units, with sizes ranging from 2,975 to 4,385 square feet. Each unit includes 3 bedrooms, making it suitable for families or those needing space. The building was constructed in 2006, showing modern design elements throughout.
Prices for the units range from $3,100,000 to $3,200,000, with an average closed price of about $2,800,000. The average price per square foot is approximately $883. Units typically spend about 120 days on market before selling. These price points reflect the luxury lifestyle and high-quality living experience offered in this community.
Residents enjoy several shared amenities, including a private pool, fitness center, and a clubhouse. The building provides conveniences like laundry facilities and elevators. Sidewalks and streetlights promote a pedestrian-friendly environment. Other amenities include a spa/hot tub and concierge service for added assistance.
Dining options nearby include Owen's Fish Camp and Burns Court Cafe, adding to the local charm. The tree-lined street enhances the scenic beauty of the neighborhood. Walkability to Main Street allows for easy access to shopping and entertainment, enriching the living experience at The Savoy.
Overall, this building stands out for its luxurious design and ample amenities. The intimacy of the community combined with its sophisticated features makes it a desirable place to call home in Sarasota. Residents can enjoy both the serenity of waterfront living and the excitement of downtown life.
Description
401 S Palm Ave is located in Sarasota, near the intersection of South Osprey Avenue and Siesta Drive. This building sits close to Sarasota Bay, which enhances the area’s waterfront charm. The vibrant downtown scene lies within walking distance, offering a lively atmosphere.
The building, known as The Savoy, is a high-rise structure with 11 stories. It contains 17 condominium units, with sizes ranging from 2,975 to 4,385 square feet. Each unit includes 3 bedrooms, making it suitable for families or those needing space. The building was constructed in 2006, showing modern design elements throughout.
Prices for the units range from $3,100,000 to $3,200,000, with an average closed price of about $2,800,000. The average price per square foot is approximately $883. Units typically spend about 120 days on market before selling. These price points reflect the luxury lifestyle and high-quality living experience offered in this community.
Residents enjoy several shared amenities, including a private pool, fitness center, and a clubhouse. The building provides conveniences like laundry facilities and elevators. Sidewalks and streetlights promote a pedestrian-friendly environment. Other amenities include a spa/hot tub and concierge service for added assistance.
Dining options nearby include Owen's Fish Camp and Burns Court Cafe, adding to the local charm. The tree-lined street enhances the scenic beauty of the neighborhood. Walkability to Main Street allows for easy access to shopping and entertainment, enriching the living experience at The Savoy.
Overall, this building stands out for its luxurious design and ample amenities. The intimacy of the community combined with its sophisticated features makes it a desirable place to call home in Sarasota. Residents can enjoy both the serenity of waterfront living and the excitement of downtown life.
401 S Palm Ave Key Stats Last 12 months
Avg. Listed Price$4,335,000($1120/Sqft.)
Avg. Sale Price$2,800,000($883/Sqft.)
Year over year list price32.37%
Year over year sale price12.50%
Total Listings2 Listed
Total sold1 Sold
Average Days on Market120 days
Average HOA fees per sqft-
Key Stats
Year over year list price32.37%
Year over year sale price12.50%
Total Listings2 Listed
Total sold1 Sold
Average Days on Market120 days
Average HOA fees per sqft-
Glen Gardens Estate Availability & Demand
Unit Availability
-
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
-
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
This condo building offers a range of amenities that cater to your lifestyle needs. Enjoy the beautiful sidewalks for evening strolls, or take advantage of the fitness center to keep fit. You can unwind in the spa or hot tub after a long day. The recreation facilities provide fun options for your leisure time. If you love swimming, the pool is perfect for a refreshing dip. The clubhouse serves as a great space for social gatherings with friends and neighbors. You will appreciate the convenience of elevators and the community mailbox for quick access to your mail. The building is also designed for everyone, featuring wheelchair access and handicap modifications.
Amenities Description
This condo building offers a range of amenities that cater to your lifestyle needs. Enjoy the beautiful sidewalks for evening strolls, or take advantage of the fitness center to keep fit. You can unwind in the spa or hot tub after a long day. The recreation facilities provide fun options for your leisure time. If you love swimming, the pool is perfect for a refreshing dip. The clubhouse serves as a great space for social gatherings with friends and neighbors. You will appreciate the convenience of elevators and the community mailbox for quick access to your mail. The building is also designed for everyone, featuring wheelchair access and handicap modifications.
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
Visitors Parking
Amenities
Elevator(s)
Fitness Center
Pool
Security
Fire Alarm
Security System
Laundry
Tennis Court(s)
Spa/Hot Tub
Sauna
Clubhouse
Storage
Balcony
Smoke Detector(s)
Policies
Living in this building comes with friendly but clear policies. It helps to know that there are some restrictions in place and a limit on the number of occupants per condo. If you have pets, you will be pleased to learn that both cats and dogs are allowed, but size limits apply. This ensures that everyone can enjoy their comfortable homes while sharing the common spaces. The building maintains a welcoming atmosphere while keeping things orderly. Be sure to familiarize yourself with these policies to ensure a smooth and enjoyable living experience.
Amenities Description
Living in this building comes with friendly but clear policies. It helps to know that there are some restrictions in place and a limit on the number of occupants per condo. If you have pets, you will be pleased to learn that both cats and dogs are allowed, but size limits apply. This ensures that everyone can enjoy their comfortable homes while sharing the common spaces. The building maintains a welcoming atmosphere while keeping things orderly. Be sure to familiarize yourself with these policies to ensure a smooth and enjoyable living experience.
Pet Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
Building Name
Avg price per square foot
AVG HOA FEE per square foot (Monthly)
401 S Palm Ave
$883/sqft.
-
Nearby Schools
Sarasota School of Arts/Sciences
B+
Public|Grades 6–8
717 Central Ave|0.69 miles away
Sarasota Military Academy
C-
Public|Grades 6–12
801 N Orange Ave|0.78 miles away
Sarasota High School
C
Public|Grades 9–12
2155 Bahia Vista S...|1.04 miles away
Agape Christian School of Sarasota
--
Private|Grades KG–12
150 N Shade Ave|1.24 miles away
Children First
--
Public|Grades PK–PK
1723 N Orange Ave|1.39 miles away
Alta Vista Elementary School
B-
Public|Grades PK–5
1050 S Euclid Ave|1.42 miles away
Schools
What to know about schools
Description
Sarasota School of Arts/Sciences
B+
Public|Grades 6–8
717 Central Ave|Less than 1 Mile Away
Sarasota Military Academy
C-
Public|Grades 6–12
801 N Orange Ave|Less than 1 Mile Away
Sarasota High School
C
Public|Grades 9–12
2155 Bahia Vista S...|1.04 Miles Away
Agape Christian School of Sarasota
--
Private|Grades KG–12
150 N Shade Ave|1.24 Miles Away
Children First
--
Public|Grades PK–PK
1723 N Orange Ave|1.39 Miles Away
Alta Vista Elementary School
B-
Public|Grades PK–5
1050 S Euclid Ave|1.42 Miles Away
Hershorin Schiff Day Schools of Tomorrow Inc Dba C
This neighborhood indicates a good mix of people which makes it a good place for families. About 6.07% are children aged 0–14, 12.68% are young adults between 15–29, 16.71% are adults aged 30–44, 16.99% are in the 45–59 range and 47.55% are seniors aged 60 and above.
Commuting options are also varying where 72.54% of residents relying on driving, while others prefer public transit around 3.39%, walking around 3.59%, biking around 0.38%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 52.61% of units are rented and 47.39% are owner occupied.
The neighborhood offers different household types. About 6.38% are single family homes and 0.96% are multi family units. Around 54.33% are single-person households, while 45.67% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 27.33% of residents have bachelor’s degrees. Around 15.79% have high school or college education. Another 9.2% hold diplomas while 23.69% have completed postgraduate studies. The remaining are 23.99% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 6.07% are children aged 0–14, 12.68% are young adults between 15–29, 16.71% are adults aged 30–44, 16.99% are in the 45–59 range and 47.55% are seniors aged 60 and above.
Commuting options are also varying where 72.54% of residents relying on driving, while others prefer public transit around 3.39%, walking around 3.59%, biking around 0.38%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 52.61% of units are rented and 47.39% are owner occupied.
The neighborhood offers different household types. About 6.38% are single family homes and 0.96% are multi family units. Around 54.33% are single-person households, while 45.67% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 27.33% of residents have bachelor’s degrees. Around 15.79% have high school or college education. Another 9.2% hold diplomas while 23.69% have completed postgraduate studies. The remaining are 23.99% with other types of qualifications.
Age Demographics
6.07%(0 - 14 years old)
12.68%(15 - 29 years old)
16.71%(30 - 44 years old)
16.99%(45 - 59 years old)
47.55%(60+ years old)
Commute
3.39%
Transit
3.59%
Walk
72.54%
Drive
0.38%
Bike
Housing Ownership
47.39%
Owner Occupied
52.61%
Rental Units
Household Types
6.38%
Single Family
0.96%
Multi Family
54.33%
Single Person
45.67%
Multi Person
Education
Bachelors Degree27.33%
High School College15.79%
Diploma9.2%
Post Graduate23.69%
Others23.99%
Education
Diploma9.2%
Post Graduate23.69%
Others23.99%
Get the HelloCondo Newsletter
Real-estate tips, insights, and market reports in your inbox.
HelloCondo Is The #1 Condo Search Platform And Real Estate Recommendation Engine. Search, Find And Buy The Perfect Condo And Get Matched With The Best Agents. Finding A Condo Has Never Been So Easy.
