941-235-7474

Listing Details for MLS #A4651257
33 S Palm Avenue Unit 1702, Sarasota, Fl

Residential Property - Condominium in Sarasota

Listing Price: $1,675,000 (Mortgage Calculator →)Days on Market: 66

Description of Property

Penthouse Luxury at The DeMarcay – Introducing a rare opportunity to own a new construction, never-lived-in Penthouse Residence with sweeping water views that can be purchased furnished or unfurnished. The DeMarcay is an 18-story boutique condominium perfectly positioned on prestigious Palm Avenue in downtown Sarasota. This 2-bedroom, 2-bath home on the 17th floor offers expansive views of the bay, bridge and downtown Sarasota, meticulous designer finishes, and a truly elevated living experience. Soaring 14-foot ceilings and over-sized windows create an airy, light-filled interior, enhanced by custom electronic privacy window treatments throughout and blackout window treatments in the primary bedroom for ultimate comfort. The open concept living space features a kitchen with Italian cabinetry, quartz countertops, and Miele appliances including a gas cooktop. Custom built-out closets and walk-in pantry add both style and function, while upgraded engineered hardwood and porcelain tile flooring completes the modern aesthetic. Step onto the private terrace to enjoy breathtaking vistas of Sarasota and the bay. Head to the 18th-floor rooftop to indulge in unobstructed 360-degree views, a heated saltwater pool, outdoor kitchen, and spacious outdoor entertainment areas. Inside, you'll find a fitness center and elegant club room with a dining space, lounge area, and catering kitchen. With 24/7 on-site staff, The DeMarcay offers a truly turn-key, lock-and-leave lifestyle—perfect for full-time residents or seasonal escapes. Don't miss your chance to own a pristine, high-design penthouse in the heart of Sarasota’s cultural and dining district.The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $1,003,980. This condominium is listed at about 167% of the average asking price. There are 23 2 bedroom/2 bath homes between $1,400,000 and $2,000,000 currently listed for sale in this Zip code. See other listings like this one »

 

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: The Demarcay
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,683
Sq. Ft. Living Area: 1,562
Cost per (heated) sqare foot: $1,072
Year built: 2024

HOA Fee: $1,992 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Water

Interior Features: Walk-In Closet(s)
Appliances: Washer

Window Features: Low-Emissivity Windows

Additional Rooms: Inside Utility

Flooring: Porcelain Tile

Laundry Features: Laundry Room

Schools

Elementary School: Southside Elementary
Middle/Junior High School: Booker Middle
High School: Sarasota High

Pool & Waterfront Info

Private Pool: Not specified
Pool Features: Salt Water
Water Access: Yes
Water Access Type: Bay/Harbor

Exterior & Construction

Architectural Style: Historical
Construction: Stucco
Foundation: Slab
Roof: Concrete
Exterior Features: Balcony
Garage: Yes
Garage Spaces: 1
Parking Features: Valet
Floors Total: 18
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Patio
Security Features: Smoke Detector(s)
Other Structures:
View: Water
Fencing:

Utilities: Public
Sewer: Public Sewer
Water Source: Public
Community Features: Wheelchair Access
Association Amenities: Wheelchair Access

Lot Information

Lot Features: Sidewalk
Lot Size (acres): 0.02
Front Exposure: West

Legal Description & Other Information

Financing Available: Conventional
Parcel Number: 20270500061702
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 11A and Lot 4, BLK B, Resub of Blks C & C, Plat of Sarasota.
Section: 19
Range: 18

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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