33 S Palm Avenue Unit 1501, Sarasota, FL 34236

$7,200,000
3
BD
3.5
BA
3,407
SqFt
List Price
$7,200,000
Status
Active
Days on Market
40
MLS#
A4596347
Property Style
Condo
New Construction
Yes
Year Built
2023
Bedrooms
3
Bathrooms
3.5
Baths Half
1
Living Area
3,407
Building Name
The Demarcay 1501
Monthly Condo Fee
3504
Legal Subdivision Name
The Demarcay
MLS Area Major
Sarasota

Property Description

One or more photo(s) has been virtually staged. Under Construction. Photos have been virtually staged. Delivering Q2 of 2024. The DeMarcay is an 18-story boutique condominium of only 39 residences located on the highly sought-after South Palm Avenue in downtown Sarasota. This upgraded Penthouse Collection Residence was just released by the developer and offers the unique opportunity to purchase new construction and move in this Spring. The 3,407 SF residences offers 3 bedrooms plus a den and 3.5 bathrooms, 11-foot ceilings, large windows, and 2 terraces that feature unparalleled 180-degree views of Sarasota Bay, the Ringling Bridge and beyond. 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 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 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. The thoughtful amenities are found on the 18th floor including a beautiful clubhouse with a fitness center, catering kitchen, and two terraces offering unobstructed views of the bay and downtown. Entertaining options include 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. 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 of its type 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.

Additional Information

Taxes
$3
Minimum Lease
3 Months
HOA Payment Schedule
Monthly
Maintenance Includes
Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Management, Pest Control, Pool, Sewer, Trash, Water
Condo Fees
$3504
Condo Fees Term
Monthly
Community Features
Deed Restrictions, Pool
Property Description
High Rise
Interior Layout
High Ceilings, Open Floorplan, Walk-In Closet(s)
Interior Features
High Ceilings, Open Floorplan, Walk-In Closet(s)
Floor
Tile
Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
Utilities
Public
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete
Exterior Features
Balcony
Roof
Concrete
Foundation
Slab
Pool
Community
Pool Type
Heated, Lighting, Salt Water
Garage Carport
2 Car Garage
Garage Spaces
2
Garage Features
Assigned, Circular Driveway, Covered, Driveway, Guest, Off Street, Portico, Valet
Water View
Bay/Harbor - Full
Pets
Allowed
Max Pet Weight
150
Pet Size
Extra Large (101+ Lbs.)
Flood Zone Code
A, E
Parcel ID
2027050006-1501
Legal Description
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

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Listing courtesy of MICHAEL SAUNDERS & COMPANY.

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