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33 S Palm Ave # 1501 Sarasota FL 34236 MLS A4596347

$6,750,000

Reduced By $450,000
last change 5/17/2024

Photo one of 33 S Palm Ave # 1501 Sarasota FL 34236 | MLS A4596347
33 S Palm Ave # 1501
Sarasota, FL 34236 MLS# A4596347
  • Bedrooms

    3

  • Baths

    4

  • Sq. Feet

    3407

  • Year Built

    2023

  • Days On Market

    162

  • $/SqFt

    $1,981

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Home Description: 33 S Palm Ave # 1501

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.

  • Address: 33 S Palm Ave # 1501
  • Unit Num: 1501
  • Levels: Three Or More
  • City: Sarasota
  • Zip: 34236
  • County: Sarasota
  • Subdivision: The Demarcay
  • Community Features: Deed Restrictions,Pool
  • Private Pool: False
  • Pool Features: Heated,Lighting,Salt Water
  • Water View: Bay/Harbor - Full
  • Water Feet: 0
  • Interior Features: High Ceilings,Open Floorplan,Walk-In Closet(s)
  • Appliances: Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Freezer,Microwave,Range,Range Hood,Refrigerator,Washer
  • Floor Covering: Tile
  • Kitchen Features: Closet Pantry,Cooking Island
  • Primary Bathroom Features: Dual Sinks,Tub with Separate Shower Stall,Water Closet/Priv Toilet
  • Laundry Features: Built-In Shelving
  • Exterior Features: Balcony
  • Exterior Contruction: Concrete
  • Foundation: Slab
  • Front Exposure: Southwest
  • Roof: Concrete
  • Building Sqft: 3661

Available now at $6,750,000

Approximate Room Sizes / Descriptions

Living Room24x16FirstPorcelain Tile
Kitchen11x23FirstPorcelain Tile
Dining Room24x15FirstPorcelain Tile
Primary Bathroom11x13FirstPorcelain Tile
Den14x16FirstPorcelain Tile
Laundry7x9FirstPorcelain Tile
Primary Bedroom15x19FirstPorcelain Tile
Bedroom 213x15FirstPorcelain Tile
Bedroom 312x15FirstPorcelain Tile
  • Attached Garage: True
  • Garage: True
  • Garage Spaces: 2
  • Garage Feature: Assigned,Circular Driveway,Covered,Driveway,Guest,Off Street,Portico,Valet
  • Carport: False
  • Carport Spaces: 0
  • Air Conditioning: Central Air
  • Heating: Central
  • Utilities: Public
  • Lot Num: 3
  • HOA/Community Assoc: Required
  • Senior Community: False
  • Style: Condominium
  • Property Desc: High Rise
  • Monthly Maintenance: $0
  • Maintenance Includes: Escrow Reserves Fund,Gas,Insurance,Maintenance Structure,Management,Pest Control,Pool,Sewer,Trash,Water
  • Monthly Condo Maintenance Fee: $3,831
  • Building Num Floors: 18
  • Building Name Number: THE DEMARCAY 1501
  • Condo Floor Number: 15+
  • Pets Allowed: Yes
  • Pet Restrictions: See condominium docs
  • Pet Size: Extra Large (101+ Lbs.)
  • Num Pets: 2
  • Max Pet Weight: 150

Neighborhood

The average asking price of a 3 bedroom Sarasota condo in this zip code is $3,181,741 (52.9% less than this home).

This condo is priced at $1,981/sqft, which is 43.1% less than similar condos in the 34236 zip code.

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33 S Palm Ave # 1501 Sarasota FL 34236

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Financial

  • Approx Payment:$32,836*
  • Taxes:$3

Area Stats

These statistics are updated daily from the My Florida Regional MLS. For further analysis or to obtain statistics not shown below please call EasyStreet Realty at (727) 247-2363 and speak with one of our real estate consultants.

Listing Courtesy of MICHAEL SAUNDERS & COMPANY. For information or to schedule a viewing of this property (MLS# A4596347) located at 33 S Palm Ave # 1501 Sarasota FL 34236, call: 727-247-2363

33 S Palm Ave # 1501, Sarasota FL is a condo of 3407 sqft and is currently priced at $6,750,000 . This condo has 3 bedrooms. A comparable condo for sale at 668 Quay Commons # 504 in Sarasota is listed at $4,600,000. This condo on 33 S Palm Ave # 1501 has decreased in price by $450,000 and the last change was on 5/17/2024. In addition to condos, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Sarasota, FL. Boulevard Sarasota, Epoch and The Residences are nearby neighborhoods. MLS A4596347 has been posted on this site since 1/23/2024 (today).

2024 7/1/2024.

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