941-235-7474

Listing Details for MLS #A4550694
33 S Palm Avenue # 1601, Sarasota Fl 34236, Sarasota, Fl

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    Residential Property - Condominium in Sarasota

    Listing Price: $12,500,000Days on Market: 141

    Description of Property

    Work with our architect to create a two-story bespoke residence to meet your every need. Enjoy expansive water views in this 4 bedroom home that has 3 additional customizable rooms where you can create your dream library, wine room, home theatre, etc. There is a formal guest suite on the second level and a full-service guest quarters with kitchenette on the first level. The DeMarcay is an 18-story intimate boutique condo tower located in downtown historical Sarasota. The rooftop pool offers sweeping views of the bay and city coupled with a state-of-the-art outdoor kitchen, beautiful clubhouse and four terraces perfect for entertaining. 24/7 staff on site to provide resident services. Wonderful downtown location tucked amongst the most coveted galleries, restaurants, shops, & theaters (while still being close to the Marina) puts the 39 private residences at The DeMarcay in one of the best locations for walkability! This reinvention of the 1922 DeMarcay Hotel artfully pays homage to its past while claiming its place as one of the few modern buildings of its type in this location. Delivery scheduled for Fall of 2023. 4 parking spaces included. Note: Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.The average asking price for a 4 bedroom/4 bath condominium in this Zip code is $10,967,714. This condominium is listed at about 114% of the average asking price. This is the only 4 bedroom/4 bath condominium between $11,200,000 and $13,800,000 currently listed for sale in this Zip code.

    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
    MLS #A4550694 - SARASOTA
     

    Property Details At A Glance

    Property Type: Residential
    Property Use or Sub Type: Condominium
    City: Sarasota
    County: Sarasota
    Subdivision: The Demarcay
    Bedrooms: 4
    Bathrooms: 4
    Half Baths: 1
    Sq. Ft. Gross: 7,322
    Sq. Ft. Living Area: 6,814
    Cost per (heated) sqare foot: $1,834
    Year built: 2023

    HOA Fee: $6,830 Monthly
    Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.

    Association Fee Includes:

    • Community Pool
    • Escrow Reserves Fund
    • Gas
    • Insurance
    • Maintenance Structure
    • Manager
    • Pest Control
    • Pool Maintenance
    • Sewer
    • Trash
    • Water

    Interior Features:

    • Elevator
    • High Ceiling(s)
    • Open Floorplan
    • Walk-In Closet(s)

    Appliances:

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

    Additional Rooms:

    • Bonus Room
    • Den/Library/Office
    • Family Room
    • Great Room
    • Inside Utility
    • Interior In-Law Suite
    • Media Room
    • Storage Rooms

    Flooring: Porcelain Tile

    Laundry Features: Inside, Laundry Room

    Pool & Waterfront Info

    Private Pool: Not specified

    Pool Features:

    • Heated
    • Lighting
    • Salt Water

    Water Access: Not specified
    Water View: Bay/Harbor - Full

    Exterior & Construction

    Property Features: High Rise
    Rooms: 11
    Construction: Concrete
    Foundation: Slab
    Roof: Concrete
    Exterior Features: Balcony
    Garage: Yes
    Garage Spaces: 4

    Parking Features:
    • Assigned
    • Circular Driveway
    • Covered
    • Driveway
    • Guest
    • Off Street
    • Portico
    • Valet

    Floors Total: 18
    Floors in Unit: Two
    Cooling: Central Air
    Heating & Fuel: Central
    Patio & Porch Features: Covered
    View: City, Water

    Utilities: Public
    Sewer: Public Sewer
    Water Source: Public
    Community Features: Deed Restrictions, Pool

    Association Amenities:

    • Clubhouse
    • Elevator(s)
    • Fitness Center
    • Gated
    • Lobby Key Required
    • Pool

    Lot Information

    Front Exposure: Southwest

    Legal Description & Other Information

    Financing Available: Cash, Conventional
    Parcel Number: 2027050006-1601
    Pets Allowed/Pet Policies: Yes
    New Construction: Yes
    Tax Legal Desc.: Lot 3, Blk B, Resub of Blks C & D, Plat of Sarasota, Gillespie Place, Plat Book 1 page 1, 11A & Lot 4, BLK B, Resub of Blks C & D, Plat of Sarasota.

    Map

     

    Listing courtesy of WOLF RESIDENTIAL. 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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        Main Office: 21202 Olean Blvd Unit C-3, Port Charlotte, FL 33952
        Mailing Address: PO Box 380503, Port Charlotte, FL 33938
        Phone: 941-235-7474
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