Price Reduction - Water Views - New Construction
Address
33 S Palm AVENUE #1501, SARASOTA, FL
Price
$ 6,750,000
Property Attributes
- MLS#A4596347
- TypeCondos
- CountySARASOTA
- CitySARASOTA
- AreaSarasota
- NeighborhoodThe Demarcay
- Zip34236
- StyleCondominium
- Year Built2023
- Taxes$ 3
- Price$ 6,750,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage3407
Data Source:
Stellar MLS
Property Description
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.
| Price History | |
|---|---|
| 1/23/2024 | Listed $7,200,000 |
| 5/17/2024 | 7% - $6,750,000 |
General Features
| Interior Features | High Ceilings,Open Floorplan,Walk-In Closet(s) |
|---|---|
| Sewer | Septic Needed |
| Heating | Central |
| Cooling | Central Air |
| Utilities | Public |
| Roof | Concrete |
| Appliances | Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Freezer,Microwave,Range,Range Hood,Refrigerator,Washer |
| Exterior Features | Balcony |
| Garage Spaces | 2 |
| Association Fee Includes | Community Pool,Escrow Reserves Fund,Gas,Insurance,Maintenance Structure,Manager,Pest Control,Pool Maintenance,Sewer,Trash,Water |
| Patio/Porch Features | Covered |
| Pool Features | Heated,Lighting,Salt Water |
| Construction Materials | Concrete |
| Pets Allowed | Yes |
| Year Built | 2023 |
| View | Water |
| Levels | Three Or More |
| Unit Number | 1501 |
| Property SubType | Condominium |
| Tax Year | 2023 |
| Percent Ownership | Condominium |
| Community Features | Deed Restrictions,Pool |
| Assoc Fee Paid Per | Monthly |
| County | Sarasota |
| New Construction | Yes |
| Property Type | Residential |
| HOA / Comm Assn | Yes |
| Attached Garage | Yes |
| Subdivision Name | THE DEMARCAY |
| Facing Direction | Southwest |
| Garage Y/N | Yes |
| Total Rooms | 9 |
| Status | Active |
| 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. |
| ModificationTimestamp | 2024-05-24T17:15:07.983Z |
| City | SARASOTA |
| Buyer Agent Compensation | 3% |
| Association Name | First Service Residential |
| View Y/N | Yes |
| Senior Community Y/N | No |
| MLS Area | 34236 - Sarasota |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 3 |
| Property Condition | Under Construction |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | Yes |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4596347 |
| Days on Market | 123 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Builder Name | Voeller Construction Inc |
| Standard Status | Active |
| Occupancy Type | Owner |
| Tax Lot | 3 |
| 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 |
| Water View | Bay/Harbor - Full |
| Pet Size Limit | Extra Large (101+ Lbs.) |
| Minimum Lease | 3 Months |
| Water Access Y/N | No |
| Monthly Condo Fee Amount | 3831 |
| Water View Y/N | Yes |
| Flood Zone Code | A,E |
Interior Features
| Flooring | Porcelain Tile |
|---|---|
| Total Stories | 18 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Half Baths | 1 |
| Laundry Features | Inside,Laundry Room |
| Total Bedrooms | 3 |
| LivingAreaSource | Builder |
| Total Baths | 4 |
Exterior Features
| Parking Features | Assigned,Circular Driveway,Covered,Driveway,Guest,Off Street,Portico,Valet |
|---|---|
| Water Source | Public |
| Foundation Details | Slab |
| Building Area Total | 3661 |
| Road Surface Type | Asphalt |
| Covered Spaces | 2 |
| Builder Model | A |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 34236
Price
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 16, 2024 2:32 AM UTC
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