33 S PALM AVE #1501, Sarasota, FL 34236
33 S PALM AVE #1501, Sarasota, FL 34236
33 S PALM AVE #1501, Sarasota, FL 34236
33 S PALM AVE #1501, Sarasota, FL 34236
33 S PALM AVE #1501, Sarasota, FL 34236
33 S PALM AVE #1501, Sarasota, FL 34236
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$ 3,750,000
Est. payment | /mo

3 Beds

4 Baths

3,407 SqFt


$ 3,750,000
Est. payment | /mo

3 Beds

4 Baths

3,407 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 3,407 sqft

Price per Sqft $1,100

Subdivision Demarcay

MLS Listing ID A4657527

Bedrooms 3

Full Baths 3

Half Baths 1

Condo Fees $4,886

Construction Status Completed

HOA Y/N No

Annual Recurring Fee 58632.0

Year Built 2024

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Condominium

Source Stellar MLS

Property Description

Above It All. In the Heart of Downtown Sarasota. At the celebrated intersection of Main Street and Palm Avenue, The DeMarcay offers an exceptional combination of penthouse living, panoramic water views and downtown Sarasota's most desirable address. From its 15th-floor vantage point, this expansive residence commands sweeping views across the city skyline, Sarasota Bay and Big Pass to the Gulf of Mexico. Below, the best of Sarasota awaits within a few blocks with fine dining, art galleries, designer boutiques, performing arts, live music, the farmers' market and the waterfront marina. St. Armands Circle and the white sands of Lido Beach are just three miles away, across the iconic Ringling Bridge. Crowning The DeMarcay, the 18th-floor bi-level amenity terrace offers 360-degree views of the city, bay and Gulf. Residents enjoy an owners' lounge, fitness center, outdoor kitchen and pool terrace with inviting spaces for relaxing, gathering and watching the sunset. The building also provides 24-hour on-site staff and the distinction of being downtown Sarasota's only condominium offering 24/7 valet parking. Encompassing 3,407 square feet, this bay-facing residence features three private bedroom suites, a separate office or den, powder room and open living and dining areas. High ceilings and expansive windows bring natural light into the interiors and frame the surrounding water and skyline. A private balcony extends the living space outdoors, overlooking Sarasota Bay. The kitchen features imported Italian cabinetry, quartz countertops, a five-burner Miele gas cooktop and integrated Miele appliances. The primary suite includes a spacious bath with Italian designer cabinetry, porcelain undermount sinks, a soaking tub and a large walk-in shower. Rising 18 stories with just 39 private residences, The DeMarcay offers an intimate residential with a distinctive architectural legacy. The restored historic facades of the original DeMarcay Hotel, dating to 1922, and the Roth Cigar Factory, dating to the 1920s, connect this exceptional modern residence to Sarasota's storied past. The combination of bay and Gulf views, generous living space, 24-hour valet service and a walkable downtown address makes this Penthouse Collection residence a distinctive opportunity in the very center of downtown Sarasota.

Location

State FL

County Sarasota

Community Demarcay

Area 34236 - Sarasota

Zoning DTB

Rooms

Other Rooms Den/Library/Office

Interior

Interior Features Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Tile

Fireplace false

Appliance Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Balcony, Sidewalk, Storage

Parking Features Assigned, Circular Driveway, Covered, On Street, Portico, Valet

Garage Spaces 2.0

Community Features Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access No

View City, Water, Gulf/Ocean - Partial

Roof Type Concrete

Porch Covered, Patio

Attached Garage true

Exposure Southwest

Garage true

Private Pool No

Building

Lot Description City Limits, Near Marina, Near Public Transit, Sidewalk

Story 18

Entry Level One

Foundation Pillar/Post/Pier

Builder Name Voeller Construction

Sewer Public Sewer

Water Public

Structure Type Concrete,Stucco

New Construction true

Construction Status Completed

Schools

Elementary Schools Southside Elementary

Middle Schools Booker Middle

High Schools Sarasota High

Others

Pets Allowed Yes

HOA Fee Include Pool,Escrow Reserves Fund,Insurance,Maintenance Structure,Management,Pest Control,Sewer,Trash,Water

Senior Community No

Ownership Condominium

Monthly Total Fees $4, 886

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Num of Pet 2

Special Listing Condition None

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Stellar MLS
Listed by Andrew Tanner PREMIER SOTHEBY'S INTERNATIONAL REALTY

NEARBY SCHOOLS & PROPERTIES

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33 S PALM AVE #1501