Water Views - New Construction
Address
33 S Palm AVENUE #1501, SARASOTA, FL
Price
$ 7,200,000
Property Attributes
  • MLS#A4596347
  • TypeCondos
  • CountySARASOTA
  • CitySARASOTA
  • AreaSarasota
  • NeighborhoodThe Demarcay
  • Zip34236
  • StyleCondominium
  • Year Built2023
  • Taxes$ 3
  • Price$ 7,200,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3407
Data Source:
Stellar MLS
Property Description

One or more photo(s) has been virtually staged. Under Construction. Photos have been virtually staged. Delivering Q2 of 2024. The DeMarcay is an 18-story boutique condominium of only 39 residences located on the highly sought-after South Palm Avenue in downtown Sarasota. This upgraded Penthouse Collection Residence was just released by the developer and offers the unique opportunity to purchase new construction and move in this Spring. The 3,407 SF residences offers 3 bedrooms plus a den and 3.5 bathrooms, 11-foot ceilings, large windows, and 2 terraces that feature unparalleled 180-degree views of Sarasota Bay, the Ringling Bridge and beyond. The chef’s kitchen offers an integrated design complete with an upgraded Miele appliance package including a gas cooktop, quartz countertops, and Italian custom cabinetry. A walk-in pantry, under counter wine fridge, and dry bar make this residence perfect for entertaining friends and family. Wake up to bay views from the owners’ suite that also features a generous walk-in closet and a spa-inspired bathroom with floating vanities, a frameless glass shower, a standalone soaking tub, and private water closet. The den is conveniently located adjacent to the owners’ suite with a separate terrace, making working from home a pleasure. The residence includes two assigned parking spaces with valet access required. The thoughtful amenities are found on the 18th floor including a beautiful clubhouse with a fitness center, catering kitchen, and two terraces offering unobstructed views of the bay and downtown. Entertaining options include an outdoor kitchen and dining area. Just beyond relax in the rooftop pool while enjoying breathtaking water views. There will be on-site staff available 24/7 providing resident services for owners whether they are in town or traveling. This reinvention of the 1922 DeMarcay Hotel artfully pays homage to its past while claiming its place as one of the few new construction buildings of its type in this location. Note: Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.

Price History
1/23/2024 Listed $7,200,000

General Features

Interior Features High Ceilings,Open Floorplan,Walk-In Closet(s)
Sewer Septic Needed
Heating Central
Cooling Central Air
Utilities Public
Roof Concrete
Appliances Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Freezer,Microwave,Range,Range Hood,Refrigerator,Washer
Exterior Features Balcony
Garage Spaces 2
Association Fee Includes Community Pool,Escrow Reserves Fund,Gas,Insurance,Maintenance Structure,Manager,Pest Control,Pool Maintenance,Sewer,Trash,Water
Patio/Porch Features Covered
Pool Features Heated,Lighting,Salt Water
Construction Materials Concrete
Pets Allowed Yes
Year Built 2023
View Water
Levels Three Or More
Unit Number 1501
Property SubType Condominium
Tax Year 2023
Percent Ownership Condominium
Community Features Deed Restrictions,Pool
Assoc Fee Paid Per Monthly
County Sarasota
New Construction Yes
Property Type Residential
HOA / Comm Assn Yes
Attached Garage Yes
Subdivision Name THE DEMARCAY
Facing Direction Southwest
Garage Y/N Yes
Total Rooms 9
Status Active
Directions From North on 41 in Downtown Sarasota turn right on Main Street and right on Palm Avenue. The site is located at 33 S. Palm Avenue.
City SARASOTA
Buyer Agent Compensation 3%
Senior Community Y/N No
MLS Area 34236 - Sarasota
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Palm
Listing Terms Cash,Conventional
Tax Annual Amount 3
Property Condition Under Construction
Public Remarks One or more photo(s) has been virtually staged. Under Construction. Photos have been virtually staged. Delivering Q2 of 2024. The DeMarcay is an 18-story boutique condominium of only 39 residences lo
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4596347
Days on Market 59
Builder Name Voeller Construction Inc
Standard Status Active
Tax Lot 3
Legal Description Lot 3,Blk B,Resub of Blks C & D,Plat of Sarasota,Gillespie Place,Plat Book 1 page 1,11A & Lot 4,BLK 5,Resub of Blks C&D Plat of Sarasota
Water View Bay/Harbor - Full
Pet Size Limit Extra Large (101+ Lbs.)
Minimum Lease 3 Months
Water Access Y/N No
Monthly Condo Fee Amount 3831
Water View Y/N Yes

Interior Features

Flooring Porcelain Tile
Total Stories 18
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Half Baths 1
Street Suffix AVENUE
Laundry Features Inside,Laundry Room
Total Bedrooms 3
LivingAreaSource Builder
Total Baths 4
Living Area Units Square Feet

Exterior Features

Parking Features Assigned,Circular Driveway,Covered,Driveway,Guest,Off Street,Portico,Valet
Water Source Public
Foundation Details Slab
Building Area Total 3661
Road Surface Type Asphalt
Covered Spaces 2
Builder Model A
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 34236

Price
AVG $2.27M
$7.2M
Visits
AVG 650
564
Data Provided by Inside Real Estate®
Year Built
AVG 2002
2023

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