Listing Details for MLS # A4596347
33 S Palm Avenue Unit 1501, Sarasota, Fl 34236

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    Residential Property - Condominium in Sarasota

    Listing Price: $5,900,000Days on Market: 288

    Description of Property

    Under Construction. Ready for immediate occupancy, this stunning new construction residence is part of the Penthouse Collection The DeMarcay, an 18-story boutique condominium community of only 39 residences located in the heart of Downtown Sarasota on the highly sought-after South Palm Avenue. A central location that puts you minutes from the finest restaurants, shops, galleries and theaters. Perched on the 15th floor with unparalleled views of Sarasota Bay and the iconic Ringling Bridge, this 3,407 SF home consists of 3 bedrooms plus a den and 3.5 bathrooms, 11-foot ceilings, expansive windows and two terraces. The chef’s kitchen offers an integrated design highlighted by the custom Italian cabinetry complete with an upgraded appliance package including a gas cooktop and quartz countertops. 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. Awaken each morning to views of Sarasota Bay from the owners’ suite which features a generous walk-in closet and a spa-inspired bathroom with floating double vanities, a frameless glass shower, a standalone soaking tub, and a private water closet. The den is conveniently located adjacent to the owners’ suite and features a separate terrace, creating the perfect space for a sitting room or home office. The interiors pictured come to life with virtually staged furnishings. An array of thoughtful amenities are found on the 18th floor rooftop - all with unobstructed 360-degree views of the Bay and downtown skyline. The outdoor amenities include a saltwater pool and lanai area, an outdoor kitchen and a generous entertaining area. Inside you will find a club room that opens up to the outdoor spaces and provides ample entertaining space including a lounge area, dining table, bar and catering kitchen, as well as a fitness center. On-site staff is available 24/7 providing resident services for owners whether they are in town or traveling, providing a true “lock and leave” lifestyle. Note: Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $3,875,214. This condominium is listed at about 152% of the average asking price. There are 9 3 bedroom/3 bath homes between $5,200,000 and $6,600,000 currently listed for sale in this Zip code. See other listings like this one »

    Roof top Pool view - MLS #A4596347 - SARASOTA
    Valet Parking - MLS #A4596347 - SARASOTA
    Lobby - MLS #A4596347 - SARASOTA
    Lobby/elevators - MLS #A4596347 - SARASOTA
    Foyer View 1 | Virtually Staged - MLS #A4596347 - SARASOTA
    Foyer View 2 | Virtually Staged - MLS #A4596347 - SARASOTA
    Great Room View 1 | Virtually Staged - MLS #A4596347 - SARASOTA
    Great Room View 2 | Virtually Staged - MLS #A4596347 - SARASOTA
    Great Room View 3 | Virtually Staged - MLS #A4596347 - SARASOTA
    Great Room View 4 | Virtually Staged - MLS #A4596347 - SARASOTA
    Den View 1 | Virtually Staged - MLS #A4596347 - SARASOTA
    The DeMarcay at Dusk - MLS #A4596347 - SARASOTA
    Den View 2 | Virtually Staged - MLS #A4596347 - SARASOTA
    Terrace View 1 | Virtually Staged - MLS #A4596347 - SARASOTA
    Terrace View 2 | Virtually Staged - MLS #A4596347 - SARASOTA
    View from Residence 1501 - MLS #A4596347 - SARASOTA
    Owner's Suite | Virtually Staged - MLS #A4596347 - SARASOTA
    Owner's Suite View 2 | Virtually Staged - MLS #A4596347 - SARASOTA
    Owners Bath | Virtually Staged - MLS #A4596347 - SARASOTA
    Second Bedroom - MLS #A4596347 - SARASOTA
    Clubroom - MLS #A4596347 - SARASOTA
    Clubroom - MLS #A4596347 - SARASOTA
     

    Property Details At A Glance

    Property Type: Residential
    Property Use or Sub Type: Condominium
    City: Sarasota
    County: Sarasota
    Subdivision: The Demarcay
    Bedrooms: 3
    Bathrooms: 3
    Half Baths: 1
    Sq. Ft. Gross: 3,661
    Sq. Ft. Living Area: 3,407
    Cost per (heated) sqare foot: $1,732
    Year built: 2023
    Annual Tax: $3

    Condo Fee: $3,831 Monthly
    Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

    Association Fee Includes:

    • Community Pool
    • Escrow Reserves Fund
    • Gas
    • Insurance
    • Maintenance Structure
    • Manager
    • Pest Control
    • Pool Maintenance
    • Sewer
    • Trash
    • Water

    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

    Accessibility Features:

    Window Features:

    Additional Rooms:

    Ceiling Type:
    Flooring: Porcelain Tile

    Laundry Features: Inside, Laundry Room

    Pool & Waterfront Info

    Private Pool: Not specified

    Pool Features:

    • Heated
    • Lighting
    • Salt Water

    Spa Features:
    Water Frontage:
    Water Access: Not specified
    Water Access Type:
    Water View: Bay/Harbor - Full

    Water Extras:

    Exterior & Construction

    Architectural Style:
    Construction: Concrete
    Foundation: Slab
    Roof: Concrete
    Exterior Features: Balcony
    Garage: Yes
    Garage Spaces: 2

    Parking Features:
    • Assigned
    • Circular Driveway
    • Covered
    • Driveway
    • Guest
    • Off Street
    • Portico
    • Valet

    Floors Total: 18
    Floors in Unit: Three Or More
    Cooling: Central Air
    Heating & Fuel: Central
    Electric:
    Patio & Porch Features: Covered
    Security Features:
    Other Structures:
    View: Water
    Fencing:

    Utilities: Public
    Sewer: Septic Needed
    Water Source: Public
    Community Features: Deed Restrictions, Pool
    Association Amenities:

    Lot Information

    Lot Features:
    Front Exposure: Southwest
    Adjoining Property:
    Current Adjacent Use:

    Legal Description & Other Information

    Financing Available: Cash, Conventional
    Parcel Number: 20270500061501
    Pets Allowed/Pet Policies: Yes
    New Construction: Yes
    Tax Legal Desc.: 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

    Map

     

    Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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        https://www.sctre.com/details?MLNum=A4596347