33 S Palm Ave #1501

Sarasota, FL 34236 View Map $7,200,000 Schedule a Tour

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Status: Active
Property Type:Condominium
MLS #:A4596347
Sq. Feet:3,407
On Site:93 Days
Monthly HOA:$3,831
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.

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About  33 S Palm Ave #1501, FL 34236 - MLS A4596347

In Sarasota county, this property is located at 33 S Palm Ave #1501 in theCgc061702 The Demarcay community of Sarasota, with a current listing price of $7,200,000. This 3407 square foot house for sale has 3 bedrooms, 4 baths.

For more information about 33 S Palm Ave #1501, see more details below as entered by the listing brokerage, including property taxes, year built, assigned schools, type of construction, exterior and interior features, locations, views, and any community amenities in The Demarcay Cgc061702.

Call Corcoran Dwellings to find your Sarasota area dream home today! Our local agents are experts in the Sarasota real estate market and are committed to providing outstanding service. To tour MLS A4596347 today, connect with an agent at (844) 212-5834.

Community Information

Address:33 S Palm Ave #1501, Sarasota, FL 34236
Subdivision:The Demarcay
Zip Code:34236
Builders License #:Cgc061702


Unit Number:#1501
Bedrooms: 3
Bathrooms: 3 Full / 1 Half
Year Built:2023
Construction Materials: Concrete
Building Description: High Rise
Construction Status: Under Construction
Projected Completion Date: 2024-06-30T00:00:00
Flooring Types: Tile
Roof: Concrete
Foundation: Slab
Builder Name: Voeller Construction INC
Garage Spaces: 2
Parking Features: Assigned, Circular Driveway, Covered, Driveway, Guest, Off Street, Portico, Valet

Features / Amenities

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
Flooring: Tile
Laundry: Inside, Laundry Room
Exterior Features: Balcony
Patio And Porch: Covered
Pool: Heated, Lighting, Salt Water
Garage Spaces: 2
Parking: Assigned, Circular Driveway, Covered, Driveway, Guest, Off Street, Portico, Valet
Cooling: Central Air
Heating: Central
Air Conditioning: Central Air


Living RoomFirst24 X 16
KitchenFirst11 X 23Closet Pantry,Cooking Island
Dining RoomFirst24 X 15
Primary BedroomFirst15 X 19En Suite Bathroom
Primary BathroomFirst11 X 13Dual Sinks,Tub with Separate Shower Stall,Water Closet/Priv Toilet
Bedroom 2First13 X 15En Suite Bathroom
Bedroom 3First12 X 15En Suite Bathroom
DenFirst14 X 16
LaundryFirst7 X 9Built-In Shelving

Property Features

View: Water
Water View: Bay/Harbor - Full
Waterfront Feet: 0
Lot #: 3
Flood Zone: A, E
Utilities: Public
Sewer: Septic Needed
Water: Public
Road Surface: Asphalt
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.
Pets Allowed: Yes
Pet Restrictions: See condominium docs
Number of Pets: 2
Max. Pet Weight: 150
Pet Size: Extra Large (101+ Lbs.)

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $3
Ownership: Condominium
Financing Available: Cash, Conventional
Financing Available: Cash, Conventional
Homestead: No
Total Annual Fees: $45,972
Average Monthly Fees: $3,831
Condo Fee: $3,831 (paid Monthly)
Approval Process: See condominium docs
Minimum Lease: 3 Months
Association Fee Includes: Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Management, Pest Control, Pool, Sewer, Trash, Water
HOA Payment Schedule: Monthly
HOA / Community Association: Required
Monthly Condo Fee Amount: $3, 831
Monthly Maint. Fee (in addition to HOA fee): $0



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33 S Palm Ave #1501 Sarasota,  FL 34236
33 S Palm Ave #1501 Sarasota, FL 34236
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Listing provided courtesy of Michael Saunders & Company.
© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Stellar MLS data last updated at April 24, 2024 3:15 AM EST.