33 South Palm Avenue 1501, SARASOTA, FL

$7,200,000

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3

Beds

4

Baths

3,407

Square feet

About 33 South Palm Avenue 1501

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.

Features of 33 South Palm Avenue 1501

MLS® # A4596347
Price $7,200,000
Bedrooms 3
Bathrooms 4.00
Full Baths 3
Half Baths 1
Square Footage 3,407
Acres 0.00
Year Built 2023
Type Residential
Sub-Type Condominium
Status Active
Taxes $3
HOA Fees $0
HOA Frequency Monthly
Condo Fee $3,831
Condo Fee Frequency Monthly
CDD N

Community Information

Address 33 South Palm Avenue 1501
Area Sarasota
Subdivision THE DEMARCAY
City SARASOTA
County Sarasota
State FL
Zip Code 34236

Amenities

Parking Assigned, Circular Driveway, Covered, Driveway, Guest, Off Street, Portico, Valet
# of Garages 2
View Water
Is Waterfront No
Has Pool No

Interior

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
Heating Central
Cooling Central Air
Fireplace No
# of Stories 18

Exterior

Exterior Features Balcony
Roof Concrete
Foundation Slab

Pet Information

Number of Pets 2
Size Extra Large (101+ Lbs.)
Weight 150
Restrictions See condominium docs

Rental Restrictions

Minimum Lease 3 Months

Additional Information

Date Listed January 22nd, 2024
Days on Market 97
Foreclosure No
Short Sale No
RE / Bank Owned No
Maintenance Includes Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Management, Pest Control, Pool, Sewer, Trash, Water

Listing Details

OfficeMICHAEL SAUNDERS & COMPANY

Listing Map

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