Skip To Content

33 S Palm Avenue , #1501

Sarasota, FL 34236
  • $6,750,000
  • STATUS: Active
  • ON SITE: 127 Days
  • MLS #: A4596347
Price Reduced
UPDATED: 64 min ago
$6,750,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,407
    SQFT
  • $1,981
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2023
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator




© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-30T08:48:00.007.
www.gulfcoastregroup.com/homes/146840676
Print Image

33 S Palm Avenue , #1501 Sarasota, FL 34236

  • Price: $6,750,000
  • Status: Active
  • On Site: 127 Days
  • Updated: 64 min ago
  • MLS #: A4596347
3
Beds
3
Baths
1
½ Baths
N/A
Acres
3,407
SQFT
$1,981
$/SQFT
2023
Built
Neighborhood:
The Demarcay
County:
Sarasota
Area:
Sarasota
Property Description
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.
Exterior Features

Attached Garage Yn Yes Carport Yn No Construction Materials Concrete Covered Spaces 2 Direction Faces Southwest Exterior Features Balcony Foundation Details Slab Open Parking YN Yes Parking Features AssignedCircular DrivewayCoveredDrivewayGuestOff StreetPorticoValet Patio And Porch Features Covered Pool Dimensions 29x17 Pool Features HeatedLightingSalt Water Pool Private Yn No Road Surface Type Asphalt Roof Concrete View Water Water Access Yn No Water Extras Yn No Water View Bay/Harbor - Full Water View Yn Yes Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances Built-In OvenCooktopDishwasherDisposalDryerExhaust FanFreezerMicrowaveRangeRange HoodRefrigeratorWasher Building Area Total 3661 Building Elevator Yn Yes Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Porcelain Tile Heating Central Heating YN Yes Interior Features High CeilingsOpen FloorplanWalk-In Closet(s) Laundry Features InsideLaundry Room Levels Three Or More Sewer Septic Needed Stories Total 18 Water Source Public

Property Features

Additional Lease Restrictions See condominium docs Approval Process See condominium docs Association Approval Required Yn Yes Association Fee Frequency Monthly Association Fee Includes Community PoolEscrow Reserves FundGasInsuranceMaintenance StructureManagerPest ControlPool MaintenanceSewerTrashWater Association Fee Requirement Required Association Montly Maint Amt Add To Hoa 0 Association Yn Yes Builder Name Voeller Construction Inc Building Name Number THE DEMARCAY 1501 Cdd Yn No Community Features Deed RestrictionsPool Condo Fee Monthly Amount 3831 Condo Fees 3831 Condo Fees Term Monthly Condo Land Included Yn No Down Payment Resource No Flood Zone Code AE Floor Number 15+ Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventional Max Pet Weight 150 Minimum Lease 3 Months New Construction Yn Yes Number Of Pets 2 Ownership Condominium Pet Restrictions See condominium docs Pet Size Extra Large (101+ Lbs.) Pets Allowed Yes Projected Completion Date 6/30/2024 4:00:00 AM Property Condition Under Construction Property Sub Type Condominium Required Remarks Under Construction. Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Not Applicable Tax Annual Amount 3 Total Annual Fees 45972 Total Monthly Fees 3831 Utilities Public Yrs Of Owner Prior To Leasing Re No


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of MICHAEL SAUNDERS & COMPANY: 941-462-3900.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-30T08:48:00.007.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4596347-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4596347-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4596347-2.jpg
Logo
Gulf Coast REGroup - MVP Realty
3384 Woods Edge Cir Ste #103
Bonita Springs FL, 34134