$6,750,000
- Beds
- 3
- Baths
- 3.5
- sq ft
- 3,407
33 S Palm Ave Unit 1501, Sarasota, FL 34236
33 S Palm Ave Unit 1501
SARASOTA, FL 34236
- 163 days on market
- Price drop $450,000↓
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.
Details
Property type
Condominium
Property condition
Under Construction
New Construction
Lot size
Unknown
Price per sq ft
$1,982
Year built
2023
Annual property taxes
$3
Monthly HOA fee
$3,831
Price History
05/17/2024
![StellarMLS](/_next/static/media/stellarMlsLogo.c53f798a.png)
StellarMLS #A4596347
Price change
$6,750,000
-6.25%
01/22/2024
![StellarMLS](/_next/static/media/stellarMlsLogo.c53f798a.png)
StellarMLS #A4596347
Listed
$7,200,000
Schools & Community
Neighborhood:
5 Points
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Pool
Community features:
Pool
Status: Active
Tomo last checked: 07/03/2024 at 11:20 AM
Listing updated: 05/24/2024 at 1:18 PM
Listed by: Lisa Allen, MICHAEL SAUNDERS & COMPANY Phone #: (941) 462-3900
MLS: StellarMLS #A4596347
![StellarMLS logo](/_next/static/media/stellarMlsLogo.c53f798a.png)
Recently listed in SARASOTA
$1,050,000|4 bd|5.0 ba|House
$509,900|3 bd|2.0 ba|House
$519,000|3 bd|2.0 ba|House
$699,000|4 bd|3.0 ba|House
$2,200,000|4 bd|3.5 ba|House
$2,300,000|3 bd|3.5 ba|House
$289,000|2 bd|2.0 ba|Condo
$795,000|4 bd|3.0 ba|House
$159,900|2 bd|2.0 ba|Condo
$449,000|3 bd|2.0 ba|House
Explore top cities in Florida