941-235-7474

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

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    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 »

    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA
    MLS #A4637354 - SARASOTA

    Bedrooms: 3
    Bathrooms: 3
    Half Baths: 1
    Sq. Ft. Gross: 3,661
    Garage: Yes2 vehicles
    Carport: No

    Parking Features:

    • Assigned
    • Circular Driveway
    • Covered
    • Driveway
    • Guest
    • Off Street
    • Portico
    • Valet

    Spa Features:
    Water Frontage:
    Water Features:
    Water Access:

     

    Property Details At A Glance

    Property Type: Residential
    Property Use or Sub Type: Condominium
    City: Sarasota
    County: Sarasota
    Subdivision: The Demarcay
    Bedrooms: 3
    Bathrooms: 3
    Half Baths: 1
    Sq. Ft. Gross: 3,661
    Sq. Ft. Living Area: 3,407
    Cost per (heated) sqare foot: $1,600
    Year built: 2023
    Annual Tax: $3

    Condo Fee: $4,479 Monthly
    Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

    Association Fee Includes:

    • Community Pool
    • Escrow Reserves Fund
    • Gas
    • Insurance
    • Maintenance Structure
    • Manager
    • Pest Control
    • Pool Maintenance
    • Sewer
    • Trash
    • Water

    Interior Features:

    • High Ceilings
    • Open Floorplan
    • Walk-In Closet(s)

    Appliances:

    • Built-In Oven
    • Cooktop
    • Dishwasher
    • Disposal
    • Dryer
    • Exhaust Fan
    • Freezer
    • Microwave
    • Range
    • Range Hood
    • Refrigerator
    • Washer

    Accessibility Features:

    Window Features:

    Additional Rooms:

    Ceiling Type:
    Flooring: Porcelain Tile

    Laundry Features: Inside, Laundry Room

    Pool & Waterfront Info

    Private Pool: Not specified

    Pool Features:

    • Heated
    • Lighting
    • Salt Water

    Spa Features:
    Water Frontage:
    Water Access: Not specified
    Water Access Type:
    Water View: Bay/Harbor - Full, Gulf/Ocean - Partial

    Water Extras:

    Exterior & Construction

    Architectural Style:
    Construction: Concrete
    Foundation: Slab
    Roof: Concrete
    Exterior Features: Balcony
    Garage: Yes
    Garage Spaces: 2

    Parking Features:
    • Assigned
    • Circular Driveway
    • Covered
    • Driveway
    • Guest
    • Off Street
    • Portico
    • Valet

    Floors Total: 18
    Floors in Unit: One
    Cooling: Central Air
    Heating & Fuel: Central
    Electric:
    Patio & Porch Features: Covered
    Security Features:
    Other Structures:
    View: Water
    Fencing:

    Utilities: Public
    Sewer: Septic Needed
    Water Source: Public
    Community Features: Deed Restrictions, Pool
    Association Amenities:

    Lot Information

    Lot Features:
    Front Exposure: Southwest
    Adjoining Property:
    Current Adjacent Use:

    Legal Description & Other Information

    Financing Available: Cash, Conventional
    Parcel Number: 20270500061601
    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 1, 11A & Lot 4, BLK 5, Resub of Blks C&D Plat of Sarasota

    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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        Main Office: 21202 Olean Blvd Unit C-3, Port Charlotte, FL 33952
        Mailing Address: PO Box 380503, Port Charlotte, FL 33938
        Phone: 941-235-7474
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