Listing Details for MLS # A4657527
33 S Palm Avenue Unit 1501, Sarasota, Fl 34236

Residential Property - Condominium in Sarasota

Listing Price: $4,195,000Days on Market: 22Cumulative Days on Market: 73

Description of Property

Penthouse Collection residence on the 15th floor of the newly-built DeMarcay, offering sky-high views of the city, Sarasota Bay, Big Pass, and beyond to the Gulf of Mexico. Best location in the city by the intersection of Main Street and Palm Avenue. Walk to art galleries, restaurants, boutiques, theaters, farmers’ market, city marina, wellness services, live music, and all downtown Sarasota amenities. Only three miles over the Ringling Bridge to St. Armands Circle and Lido Beach. DeMarcay stands alone in Sarasota for raising the amenities and pool to such impressive heights. Residents have exclusive access to a state-of-the-art fitness center and club lounge, as well as an outdoor kitchen, sparkling pool and expansive bi-level terrace on the 18th floor, all providing 360-degree vistas of Sarasota’s breathtaking scenery. Located on the 15th floor bayside, this elegant 3,407-square-foot residence has three private bedroom suites, an office/den, a powder room, an open living area, laundry facilities, and a private bayfront balcony. Volume ceilings and large windows maximize views and natural light throughout. The gourmet kitchen showcases imported Italian cabinetry, quartz countertops, a Miele five-burner gas cooktop, and seamlessly integrated Miele appliances. The primary suite offers a spa-inspired ensuite bath featuring designer Italian cabinets, porcelain undermount sinks, an elegant soaking tub, and a spacious walk-in shower. Residents enjoy 24/7 access to dedicated on-site staff for personalized services. The DeMarcay is an 18-story boutique condominium community of only 39 residences that uniquely blends modern luxury with Sarasota’s rich history. The development thoughtfully preserves and restores the historic facades of the original DeMarcay Hotel, built in 1922, and the Roth Cigar Factory, which operated from 1923 to 1938. This fusion of historic charm and contemporary design creates a distinctive living experience. Live the good life at DeMarcay — luxurious and casual — so Sarasota! Please note that some images are artist renderings representative of the interior finishes and may not exactly match the actual finishes of this residence.The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $3,818,475. This condominium is listed at about 110% of the average asking price. There are 14 3 bedroom/3 bath homes between $3,600,000 and $4,800,000 currently listed for sale in this Zip code. See other listings like this one »

 

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Demarcay
Bedrooms: 3
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 3,661
Sq. Ft. Living Area: 3,407
Cost per (heated) sqare foot: $1,231
Year built: 2024

Condo Fee: $4,479 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Association Fee Includes:

  • Water

Interior Features: Walk-In Closet(s)
Appliances: Wine Refrigerator

Additional Rooms: Den/Library/Office

Flooring: Porcelain Tile

Laundry Features: Laundry Room

Schools

Elementary School: Southside Elementary
Middle/Junior High School: Booker Middle
High School: Sarasota High

Pool & Waterfront Info

Private Pool: Not specified

Exterior & Construction

Construction: Stucco
Foundation: Pillar/Post/Pier
Roof: Concrete
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Parking Features: Valet
Floors Total: 18
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Patio
Security Features: Smoke Detector(s)
Other Structures:
View: Water
Fencing:

Utilities: Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features: Sidewalks

Lot Information

Lot Features: Sidewalk
Lot Size (acres): 0.2
Front Exposure: Southwest

Legal Description & Other Information

Financing Available: Conventional
Parcel Number: 2027057031
Zoning: DTB
Pets Allowed/Pet Policies: Yes
New Construction: Yes
Tax Legal Desc.: UNIT 1501, DEMARCAY, CB 50 PG 52-70

Map

 

Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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