33 S Palm Ave #1501, Sarasota, FL 34236
FOR SALENEW CONSTRUCTION

33 S Palm Ave #1501
Sarasota, FL 34236

5 Points
  • 3 Beds
  • 4 Baths
  • 3,407 sqft
  • 3 Beds
  • 4 Baths
  • 3,407 sqft

$7,200,000

Est. Mortgage $46,561/mo*
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Local Information

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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.

Home Highlights

Parking
2 Car Garage
Outdoor
Yes
View
Water, Bay/Harbor - Full
HOA
$3,831/Monthly
Price/Sqft
$2,113
Listed
96 days ago

Home Details for 33 S Palm Ave #1501

Interior Features

Interior Details
Number of Rooms: 9
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3407 Square Feet
Appliances & Utilities
Utilities: PublicAppliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, WasherDishwasherDisposalDryerLaundry: Inside, Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Porcelain Tile
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 18Levels: Three Or MoreFloors: Porcelain Tile
View
Has a ViewView: Water, Bay/Harbor - Full

Exterior Features

Exterior Home Features
Roof: ConcretePatio / Porch: CoveredExterior: BalconyFoundation: SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Assigned, Circular Driveway, Covered, Driveway, Guest, Off Street, Portico, Valet
Pool
Pool: Heated, Lighting, Salt Water, Pool Dimensions: 29x17
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Septic Needed

Days on Market

Days on Market: 96

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Building
Construction Materials: ConcreteIs a New Construction
Property Information
Condition: New Construction, Under ConstructionParcel Number: 20270500061501

Price & Status

Price
List Price: $7,200,000Price Per Sqft: $2,113

Active Status

MLS Status: Active

Media

See Virtual Tour

Location

Direction & Address
City: SarasotaCommunity: The Demarcay

Agent Information

Listing Agent
Listing ID: A4596347

Building

Building Details
Builder Model: ABuilder Name: Voeller Construction Inc
Building Area
Building Area: 3661 Square Feet

Community

Community Features: Deed Restrictions, PoolNot Senior Community

HOA

HOA Fee Includes: Community Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Sewer, Trash, WaterAssociation for this Listing: Sarasota - ManateeHas an HOAHOA Fee: $3,831/Monthly

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %Transaction Broker Commission: 3%Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Condominium

Rental

Lease Term: Min (3 Months)

Miscellaneous

Mls Number: A4596347Attic: High Ceiling(s), Open Floorplan, Walk-In Closet(s)Pets Max Weight: 150Water ViewWater View: Water, Bay/Harbor - Full

Additional Information

Deed RestrictionsPool
Last check for updates: 1 day ago
Listing Provided by: Lisa Allen, (312) 848-1636
MICHAEL SAUNDERS & COMPANY, (941) 462-3900
Philip Pisano, III, (941) 468-8603
MICHAEL SAUNDERS & COMPANY, (941) 388-4447
Originating MLS: Sarasota - Manatee
Source: Stellar MLS / MFRMLS, MLS#A4596347
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

Price History for 33 S Palm Ave #1501

DatePriceEventSource
01/23/2024$7,200,000Listed For SaleStellar MLS / MFRMLS #A4596347
10/22/2021ListingRemovedStellar MLS / MFRMLS #A4481837
06/09/2021$3,625,000PriceChange
Stellar MLS / MFRMLS #A4481837
04/29/2021$3,205,000Listed For SaleStellar MLS / MFRMLS #A4481837
01/19/2021ListingRemovedStellar MLS / MFRMLS
10/30/2020$3,205,000Listed For SaleAgent Provided
09/15/2020$3,205,000ListingRemovedAgent Provided
08/26/2020$3,205,000Listed For SaleAgent Provided

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Neighborhood Overview

5 Points
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Neighborhood stats provided by third party data sources.

What Locals Say about 5 Points

  • Trulia User
    "People generally speaking are very polite, many very god restaurant around. The city is very clean and you feel safe. The vibe of the city is unique to be in the Florida west coast. "
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  • Trulia User
    "son many outdoor events like the farmers market, lots of cute restaurants and so close to the water and beaches. "
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  • Andy A.
    "It’s a safe and easy to access essentials area. Homeless problem comes and goes. Proximity to restaurants and Whole Foods makes it good. Lots of coffee shops in Walking distance but we lack a great pizza restaurant within walking distance."
    2
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  • Jeff34293
    "Lots of dogs. Lots of homeless hanging where ones dogs want to walk. They mostly chain smoke and fill the entire sidewalk etc. "
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  • MG home owner
    "Many local county sheriff deputies and the city’s police department officers live in this area! It’s a wonderful feeling seeing their cruisers parked in their driveways or in front of the home! I initially was scared when I moved to neighborhood but that was short lived seeing police cars in the driveways as home owners! There are 2 nice parks and one with a large pool too!"
    2
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  • Lynn
    "A wonderful area with restaurants, shopping, theaters and galleries all in walking distance. Just a few blocks from Sarasota Bay."
    3
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  • Jeff w
    "Next to main bus station Walk to many needs. But need car for other or Uber or bus. I have no commute "
    0
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  • Madelineheil
    "Do not move to Sarasota. It is full of old people and expensive restaurants. The people are very unfriendly. "
    0
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LGBTQ Local Legal Protections

Lisa Allen, MICHAEL SAUNDERS & COMPANY
33 S Palm Ave #1501, Sarasota, FL 34236 is a 3 bedroom, 4 bathroom, 3,407 sqft condo built in 2023. 33 S Palm Ave #1501 is located in 5 Points, Sarasota. This property is currently available for sale and was listed by Stellar MLS / MFRMLS on Jan 23, 2024. The MLS # for this home is MLS# A4596347.