$1,250,000
SOLD DEC 2, 2024

33 S Palm Ave Unit 1702 Sarasota, FL 34236

Downtown Sarasota Neighborhood
2 Beds
2.5 Baths
1,428 Sq Ft
$959/mo HOA Fee

Recently Sold

$875 Per Sq Ft

639 Days on Market

Highlights

  • Valet Parking
  • White Water Ocean Views
  • New Construction
  • Southside Elementary School Rated A
  • Fitness Center
  • 3-minute walk to Five Points Park

About This Home

As of December 2024

One or more photo(s) has been virtually staged. Pre-Construction. To be built. Rare new construction intimate boutique 18 story condominium tower with only 39 Private Residences located in the heart of charming historic Sarasota. Tucked amongst the most coveted galleries, restaurants, shops, theaters and the marina which makes the 39 Private Residences at The Demarcay one of the most desired locations. The reinvention of the namesake 1922 hotel artfully pays homage to its history while claiming its future with expansive new construction and modern homes. Buyers will select from luxe designer finishes to make their home their own. Interiors include custom Italian cabinetry, Miele cabinet panel appliances with gas cooking, quartz counters, spa-like baths, large windows and patios for every home with a city and or a water view. One of the few rooftop pools in Sarasota provides illustrative views of the bay, sky and city coupled with a state-of-the-art outdoor kitchen and two terraces and a fitness center. Estimated Delivery late summer early fall of 2021. NOTE: Pictures are artist renderings and virtually staged. The pictures may not be of this home however, they are representative of the Development.

Last Agent to Sell the Property

Bobbi Ellis

EPIQUE REALTY, INC. Brokerage Phone: 941-366-8070 License #3290809 Listed on: 02/11/2020

EPIQUE REALTY, INC.

Last Buyer's Agent

Georgia Salaverri

COLDWELL BANKER REALTY License #0705963

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Southwest Facing Home
  • Historic Home

HOA Fees

  • $959 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Portico
  • Electric Vehicle Home Charger
  • Alley Access
  • Circular Driveway
  • Assigned Parking

Property Views

  • White Water Ocean
  • City

Home Design

  • Home in Pre-Construction
  • Mediterranean Architecture
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Low Emissivity Windows
  • Insulated Windows
  • Living Room
  • L-Shaped Dining Room
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, gas, insurance, maintenance structure, management, sewer, trash, water
  • Bobbi Ellis Association, Phone Number (941) 404-8858
  • Visit Association Website
  • High-Rise Condominium
  • Sarasota Town Of Community
  • The Demarcay Subdivision
  • On-Site Maintenance
  • Leased Association Recreation
  • The community has rules related to deed restrictions
  • 18-Story Property

Amenities

  • Valet Parking
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 150 lbs
  • 2 Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$959 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Management, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Pre-Construction
  • Property Sub Type: Condominium
  • Architectural Style: Historic, Other, Mediterranean
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1428
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 1545
  • Directions to Property: Heading North on 41 in downtown Sarasota make a right on Main Street and a right on Palm Ave. the Sales Gallery is on the right.
  • Status: Sold
  • Street Direction: S
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 15+
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 875.35
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: High Rise
  • Attribution Contact: 941-366-8070
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: High Ceilings, L Dining, Open Floorplan, Stone Counters
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 18
  • Window Features: Insulated Windows, Low Emissivity Windows
  • Street Number Modifier: 33
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Inside Utility
  • Living Area Meters: 132.67
  • Room Count: 4

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Balcony
  • Roof: Concrete
  • Pool Private: No
  • View: City, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2024-12-30T00:00:00.000

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Alley Access, Assigned, Circular Driveway, Covered, Driveway, Electric Vehicle Charging Station(s), Guest, Portico, Valet

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Lease, Deed Restrictions, Fitness Center, Gated, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool
  • Association Fee: 959.05
  • Association Fee Frequency: Monthly
  • Association Name: Bobbi Ellis
  • Phone: 941-404-8858
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: See condo doc's
  • Association Fee Requirement: Required
  • Building Name Number: THE DEMARCAY
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 150
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: sales@thedemarcay.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: www.thedemarcay.com

Fee Information

  • Total Annual Fees: 11508.60
  • Total Monthly Fees: 959.05
  • Monthly HOA Amount: 959.05

Lot Info

  • Parcel Number: 2027050006-1702
  • Additional Parcels: No
  • Flood Zone Code: A, E
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See condo doc's

Tax Info

  • Tax Annual Amount: 92291.95
  • Tax Lot: 4

Multi Family

  • Approval Process: See condo doc's

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $1,675,000 -4.3% $1,072 / Sq Ft
06/03/2025 06/03/25 Price Changed $1,750,000 -6.7% $1,120 / Sq Ft
05/07/2025 05/07/25 For Sale $1,875,000 +50.0% $1,200 / Sq Ft
12/02/2024 12/02/24 Sold $1,250,000 0.0% $875 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
10/22/2021 10/22/21 Off Market $1,250,000 -- --
02/12/2020 02/12/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $1,250,000 -- $875 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Lisa Allen

    Michael Saunders

    (312) 848-1636

    18 in this area

    18 Total Sales

    Section Image
  • Bobbi Ellis

    Seller's Agent in 2024

    Bobbi Ellis

    EPIQUE REALTY, INC.

    (941) 223-8920

    17 in this area

    37 Total Sales

    Section Image
  • Georgia Salaverri

    Buyer's Agent in 2024

    Georgia Salaverri

    COLDWELL BANKER REALTY

    (941) 260-6429

    27 in this area

    127 Total Sales

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4459665

Stellar MLS

APN: 2027-05-7038

Florida Sarasota County Sarasota 34236 Downtown Sarasota

33 S Palm Ave Unit 1702, Sarasota, FL

This home is located at 33 S Palm Ave Unit 1702, Sarasota, FL 34236 and is currently priced at $1,250,000, approximately $875 per square foot. This property was built in 2024. 33 S Palm Ave Unit 1702 is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota High School.

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.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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