Property Attributes
- MLS#A4596347
- TypeCondos
- CountySARASOTA
- CitySARASOTA
- AreaSarasota
- NeighborhoodThe Demarcay
- Zip34236
- StyleCondominium
- Year Built2023
- Taxes$ 3
- Price$ 7,200,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage3407
Data Source:
Stellar MLS
Property Description
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.
Price History | |
---|---|
1/23/2024 | Listed $7,200,000 |
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. |
City | SARASOTA |
Buyer Agent Compensation | 3% |
Senior Community Y/N | No |
MLS Area | 34236 - Sarasota |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Palm |
Listing Terms | Cash,Conventional |
Tax Annual Amount | 3 |
Property Condition | Under Construction |
Public Remarks | 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 lo |
Lease Considered Y/N | Yes |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4596347 |
Days on Market | 59 |
Builder Name | Voeller Construction Inc |
Standard Status | Active |
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 |
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 |
Street Suffix | AVENUE |
Laundry Features | Inside,Laundry Room |
Total Bedrooms | 3 |
LivingAreaSource | Builder |
Total Baths | 4 |
Living Area Units | Square Feet |
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