$6,750,000

33 S Palm Avenue #1501, Sarasota, FL 34236

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$6,750,000

(450,000) 05/17/2024

33 S Palm Avenue #1501 Sarasota, FL 34236

For Sale MLS# A4596347

3 beds4 baths3,407 sq ftCondo

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Data current as of 23/05/2024 05:40:24

Details for 33 S Palm Avenue #1501

MLS# A4596347

Description for 33 S Palm Avenue #1501, Sarasota, FL, 34236


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.

Listing Information


Property Type: Residential, Condominium

Status: Active

Bedrooms: 3

Bathrooms: 4

Square Feet: 3,407 sq ft

Year Built: 2023

Garage: Yes

Stories: 18

Construction: Concrete

Construction Display: New Construction

Subdivision: The Demarcay

Builder: Voeller Construction INC

Foundation: Slab

County: Sarasota

Construction Status: Under Construction

Room Information


Main Floor

Primary Bathroom: 13x11

Laundry: 9x7

Primary Bedroom: 19x15

Bedroom 2: 15x13

Dining Room: 15x24

Den: 16x14

Kitchen: 23x11

Bedroom 3: 15x12

Living Room: 16x24

Bathrooms

Full Baths: 3

1/2 Baths: 1

Additonal Room Information

Laundry: Laundry Room, Inside

Interior Features


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

Flooring: Porcelain Tile

Additional Interior Features: Walk-In Closet(s), High Ceilings, Open Floorplan

Utilities


Water: Public

Sewer: Septic Needed

Other Utilities: Municipal Utilities

Cooling: Central Air

Heating: Central

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 2

Parking Description: Circular Driveway, Guest, driveway, Off Street, Covered, Assigned, Valet

Roof: Concrete

Pool: Community, Heated, Salt Water

Lot View: Bay,Water

Additional Exterior/Lot Features: Balcony, Balcony, Covered

Community Features


Community Features: Pool

HOA Dues Include: Maintenance Structure, Pool(s), Gas, Water, Trash, Sewer, Association Management, Insurance, Pest Control, Reserve Fund

Driving Directions


From North on 41 in Downtown Sarasota turn right on Main Street and right on Palm Avenue. The site is located at 33 S. Palm Avenue.

Financial Considerations


Terms: Cash,Conventional

Tax/Property ID: 2027050006-1501

Tax Amount: 3

Tax Year: 2023

Price Changes


$7,200,000 Original Price
$6,750,000 Current Price
-$450,000Total Change
Date Price Change
05/17/2024 04.11 PM $6,750,000-$450,000
02/29/2024 12.19 PM $7,200,000
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Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 33 S Palm Avenue #1501

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

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