Listing Details for MLS #A4637354
33 S Palm Avenue Unit 1601, Sarasota, Fl

Residential Property - Condominium in Sarasota

Listing Price: $5,450,000 (Mortgage Calculator →)Days on Market: 1

Description of Property

Ready for immediate occupancy, this stunning new construction residence is part of the Penthouse Collection at The DeMarcay, an 18-story boutique condominium community of 39 residences. The DeMarcay is located in the heart of Downtown Sarasota on the highly sought-after South Palm Avenue, a location which puts you minutes from the finest restaurants, shops, galleries and theaters in downtown Sarasota. Perched on the 16th floor, enjoy 180-degree unparalleled views of Sarasota Bay & Gulf of Mexico, the Marina, the iconic Ringling Bridge and beyond. With 3,407 SF of living space, this home has 3 bedrooms plus a den and 3.5 bathrooms, 11-foot ceilings, expansive windows and two terraces. The chef’s kitchen offers a walk-in pantry and an integrated design highlighted by the custom Italian cabinetry and upgraded appliance package including a gas cooktop and quartz countertops. The under-counter wine fridge and dry bar accessible from the great room make this residence perfect for entertaining friends and family. Awaken each morning to views of Sarasota Bay from the owners’ suite which features a generous walk-in closet and a spa-inspired bathroom with floating double vanities, a frameless glass shower, a standalone soaking tub, and a private water closet. The den is conveniently located adjacent to the owners’ suite and features a separate terrace, creating the perfect space for a sitting room or home office. The interiors pictured come to life with virtually staged furnishings. An array of thoughtful amenities are found on the 18th floor rooftop - all with unobstructed 360-degree views of the Bay and downtown skyline. The outdoor amenities include a saltwater pool and lanai area, an outdoor kitchen and a generous entertaining area. Inside you will find a club room with a lounge area, dining table, bar and catering kitchen where you can entertain guests or just enjoy the views and sense of community. On-site staff is available 24/7 providing resident services for owners whether they are in town or traveling, offering a true “lock and leave” lifestyle. Note: Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $3,802,252. This condominium is listed at about 143% of the average asking price. There are 13 3 bedroom/3 bath homes between $4,800,000 and $6,000,000 currently listed for sale in this Zip code. See other listings like this one »