NEW CONSTRUCTION
$180K PRICE DROP
33 S Palm Ave Unit 1403 Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated payment $10,578/month
Total Views
1,781
2
Beds
2
Baths
1,228
Sq Ft
$1,116
Price per Sq Ft
Highlights
- Valet Parking
- Fitness Center
- New Construction
- Southside Elementary School Rated A
- Property is near a marina
- 3-minute walk to Five Points Park
About This Home
Welcome to the DeMarcay- an 18-story boutique condominium community perfectly positioned on prestigious Palm Avenue, in the heart of downtown Sarasota. This impeccably designed 2-bedroom, 2-bathroom home on the 14th floor can be furnished and move-in ready- offering a seamless blend of luxury, comfort and convenience. Step inside to soaring 11-foot ceilings, elegant porcelain flooring, and expansive windows that fill the home with natural light and delightful city and bay views. The chef’s kitchen features Italian custom cabinetry, Miele appliances including a gas cooktop, sleek quartz countertops and large island perfect for cooking and entertaining. Additional highlights include built-out closets, stylish window treatments, a custom-designed dry bar, and a temperature-controlled storage space for added convenience. Relax on the private terrace and enjoy the abundance of natural light and sweeping views of Sarasota. An array of thoughtful amenities are found on the 18th floor rooftop - all with unobstructed 360-degree views of the Bay and downtown skyline. The outdoor amenities include a heated, saltwater pool and lanai area, an outdoor kitchen and a generous entertaining area. Inside you will find a fitness center and sophisticated club room with a lounge area, dining table, bar and catering kitchen where you can entertain guests or just enjoy the views and sense of community that the DeMarcay has to offer. On-site staff is available 24/7 providing resident services for owners whether they are in town or traveling, offering a true “lock and leave” lifestyle.
Listing Agent
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3503873 Listed on: 05/02/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 2024 | New Construction
Lot Details
- Southeast Facing Home
- Historic Home
HOA Fees
- $1,576 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Common or Shared Parking
- Circular Driveway
- Off-Street Parking
- Reserved Parking
- 1 Assigned Parking Space
Home Design
- Contemporary Architecture
- Pillar, Post or Pier Foundation
- Concrete Roof
- Concrete Siding
- Stucco
Interior Spaces
- 1,228 Sq Ft Home
- Open Floorplan
- Shelving
- High Ceiling
- Ceiling Fan
- Family Room Off Kitchen
- Living Room
- Dining Room
- Tile Flooring
- Partial Bay or Harbor Views
Kitchen
- Eat-In Kitchen
- Walk-In Pantry
- Built-In Oven
- Cooktop
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Dishwasher
- Wine Refrigerator
- Cooking Island
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Rain Shower Head
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Saltwater Pool
- Property is near a marina
- Balcony
Location
- Property is near public transit
Schools
- Southside Elementary School
- Booker Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Natural Gas Connected
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 3 / B
- Assessor Parcel Number 2027057030
Community Details
Overview
- Association fees include 24-Hour Guard, pool, escrow reserves fund, gas, insurance, maintenance structure, management, pest control, recreational facilities, security, sewer, trash, water
- Edward Bustamante Association, Phone Number (866) 378-1099
- High-Rise Condominium
- Demarcay Condos
- The Demarcay Subdivision
- Sarasota Town Of Community
- On-Site Maintenance
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
- Community features wheelchair access
- 18-Story Property
Amenities
- Valet Parking
- Clubhouse
- Elevator
Recreation
- Fitness Center
- Community Pool
Pet Policy
- 3 Pets Allowed
- Breed Restrictions
Security
- Card or Code Access
- Gated Community
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | -- | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | Price Changed | $1,370,000 | -6.2% | $1,116 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $1,460,000 | -5.8% | $1,189 / Sq Ft |
| 05/02/2025 05/02/25 | For Sale | $1,550,000 | +25.0% | $1,262 / Sq Ft |
| 11/11/2024 11/11/24 | Sold | $1,240,000 | 0.0% | $1,010 / Sq Ft |
| 07/07/2022 07/07/22 | Off Market | $1,240,000 | -- | -- |
| 05/22/2022 05/22/22 | Pending | -- | -- | -- |
| 05/22/2022 05/22/22 | For Sale | $1,240,000 | -- | $1,010 / Sq Ft |
Source: Stellar MLS
Similar Homes in Sarasota, FL
Source: Stellar MLS
MLS Number: A4651229
APN: 2027-05-7030
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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