$6,750,000
Active
28 Days Online
3 Beds4 Baths3,407 SQFT
Active

33 S Palm Avenue #1501Sarasota, FL 34236

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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.

  • Property TypeCondo
  • NeighborhoodThe Demarcay
  • CountySarasota
  • Taxes$3
  • HOA/Condo/Coop Fees$3,831
  • Days on Site28 Days
  • MLS StatusActive
  • MLS ID NumberA4596347
  • Home Size Source Builder
  • Year Built2023
  • Lot Size Acres
  • Full Baths3
  • Partial Baths1

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General Features

  • Construction Concrete
  • Parking AssignedCircular DrivewayCoveredDrivewayGuestOff StreetPorticoValet
  • Sewer Septic Needed
  • Number of Stories Three Or More18
  • Water Public
  • Property Sub Type Condominium
  • Garage Spaces 2
  • Attached Garage Yes
  • Foundation Slab
  • Property Condition Under Construction
  • Direction Faces Southwest
  • Minimum Lease 3 Months
  • Ownership Condominium
  • Parcel Number 2027050006-1501

Interior Features

  • Cooling Central Air
  • Heating Central
  • Appliances Built- In OvenCooktopDishwasherDisposalDryerExhaust FanFreezerMicrowaveRangeRange HoodRefrigeratorWasher
  • Flooring Tile
  • Interior High CeilingsOpen FloorplanWalk-In Closet(s)
  • Laundry Features InsideLaundry Room
  • Fireplace No

Exterior Features

  • Roof Concrete
  • View Water
  • Pool Features HeatedLightingSalt Water
  • Waterfront Property No
  • Exterior Balcony
  • Patio And Porch Covered

Community Features

  • Pets Yes
  • Community Features Deed RestrictionsPool
  • Senior Community No
  • MLS Area 34236 - Sarasota
  • Association Fee Includes PoolEscrow Reserves FundGasInsuranceMaintenance StructureManagementPest ControlSewerTrashWater

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Monthly Payment (Est.)

$35,709
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