33 S Palm AVENUE #1501 Sarasota, FL $ 6,750,000
33 S Palm AVENUE #1501
$ 6,750,000
New Construction
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33 S Palm AVENUE #1501

Sarasota, FL, 34236
$ 6,750,000
Bedrooms3 Baths3.1 Sq 3,407

Monthly Estimate*

$ 44,863

33 S Palm AVENUE #1501, Sarasota, FL 34236 - Image 1
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33 S Palm AVENUE #1501, Sarasota, FL 34236 - Image 7
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33 S Palm AVENUE #1501, Sarasota, FL 34236 - Image 9
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33 S Palm AVENUE #1501, Sarasota, FL 34236 - Image 14
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Condo for sale in Sarasota, FL

for $6,750,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,407 square foot condo was built in 2023.

Under Construction. A rare opportunity to own a new construction condominium ready to deliver this Summer (2024). The DeMarcay is an 18-story boutique condominium of only 39 residences located on the highly sought-after South Palm Avenue in the heart of downtown Sarasota. Enjoy panoramic views of Sarasota Bay, Ringling Bridge and the city lights from this upgraded Penthouse Collection Residence. Perched on the 15th floor, the 3,407 SF home consists of 3 bedrooms plus a den and 3.5 bathrooms, 11-foot ceilings, expansive windows, and two terraces creating a seamless outdoor connection. 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 accessible from the great room 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 a 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. An array of thoughtful amenities are found on the 18th floor including a beautiful clubhouse with a fitness center, plenty of entertaining space with large screen TV, a catering kitchen, and two terraces offering unobstructed views of the bay and downtown. Entertaining options extend to the pool deck with 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 providing a true “lock and leave” lifestyle. 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 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.

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Condo Active

Price

$ 6,750,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Condo

Taxes

$ 3

Style

Condominium

Year Built

2023

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4596347

Features
General
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 Y
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 Under Construction. A rare opportunity to own a new construction condominium ready to deliver this Summer (2024). The DeMarcay is an 18-story boutique condominium of only 39 residences located on the
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4596347
Days on Market 123
Living Area Units Square Feet
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
HOA Monthly Maintenance 0
Water View Y/N Yes
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Interior
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
Total Baths 4
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Exterior
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
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* Excluded Features
List By
Michael Saunders & Company

Broker

LisaAllen@MichaelSaunders.com

Email

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$44,863
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$44,863
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$6,750,000 -6.25% Price Down
1/23/2024$7,200,000 Listed Price

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33 S Palm AVENUE #1501, Sarasota, FL, 34236 is a Condo for sale at $6,750,000 with 3,407 sqft. 33 S Palm AVENUE #1501 has 3 bedrooms, 3.1 baths, and was built in 2023. The property's zip code is 34236 which is in Sarasota, FL