David Shippey
863.521.4517

33 S Palm Avenue UNIT #1702 Sarasota Florida | Home for Sale

To schedule a showing of 33 S Palm Avenue UNIT #1702, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,675,000 Reduced -$75,000
33 S Palm Avenue UNIT #1702
Sarasota, FL 34236
  • 2Beds
  • 2.00Total Baths
  • 2 Full, 0 HalfBaths
  • 1,562SqFt
  • 2024Year Built
  • 0.02Acres
  • MLS# A4651257
  • Residential
  • Condominium
  • Active

  • Approx Time on Market2 months, 19 days
  • Area34236 - Sarasota
  • CountySarasota
  • Subdivision The Demarcay

Overview

Penthouse Luxury at The DeMarcay - Introducing a rare opportunity to own a new construction, never-lived-in Penthouse Residence with sweeping water views that can be purchased furnished or unfurnished. The DeMarcay is an 18-story boutique condominium perfectly positioned on prestigious Palm Avenue in downtown Sarasota. This 2-bedroom, 2-bath home on the 17th floor offers expansive views of the bay, bridge and downtown Sarasota, meticulous designer finishes, and a truly elevated living experience. Soaring 14-foot ceilings and over-sized windows create an airy, light-filled interior, enhanced by custom electronic privacy window treatments throughout and blackout window treatments in the primary bedroom for ultimate comfort. The open concept living space features a kitchen with Italian cabinetry, quartz countertops, and Miele appliances including a gas cooktop. Custom built-out closets and walk-in pantry add both style and function, while upgraded engineered hardwood and porcelain tile flooring completes the modern aesthetic. Step onto the private terrace to enjoy breathtaking vistas of Sarasota and the bay. Head to the 18th-floor rooftop to indulge in unobstructed 360-degree views, a heated saltwater pool, outdoor kitchen, and spacious outdoor entertainment areas. Inside, you'll find a fitness center and elegant club room with a dining space, lounge area, and catering kitchen. With 24/7 on-site staff, The DeMarcay offers a truly turn-key, lock-and-leave lifestyleperfect for full-time residents or seasonal escapes. Don't miss your chance to own a pristine, high-design penthouse in the heart of Sarasotas cultural and dining district.



Agriculture / Farm

Association Fees / Info

Community Features:  Clubhouse, Fitness, HandicapAccess, Pool, RecreationArea, Gated, Sidewalks

Pets Allowed:  BreedRestrictions, Yes

Senior Community:  No

Hoa Frequency Rate:  1992

Association:  Yes

Association Amenities:  Clubhouse, Elevators, FitnessCenter, MaintenanceGrounds, Gated, Pool, Security

Hoa Fees Frequency:  Monthly

Association Fee Includes:  AssociationManagement, Gas, Insurance, MaintenanceStructure, PestControl, Pools, RecreationFacilities, ReserveFund, Sewer, Security, Trash, Water

Bathroom Info

Total Baths:  2.00

Fullbaths:  2

Building Info

Window Features:  InsulatedWindows, LowEmissivityWindows

Roof:  Concrete

Building Area Source:  Builder

Buyer Compensation

Exterior Features

Style:  Contemporary, HistoricAntique

Pool Features:  Heated, SaltWater, Association, Community

Patio:  Covered, Patio, Balcony

Pool Private:  No

Exterior Features:  Balcony

Fees / Restrictions

Financial

Original Price:  $1,875,000

Disclosures:  CovenantsRestrictionsDisclosure

Garage / Parking

Open Parking:  No

Parking Features:  Assigned, CircularDriveway, Covered, Driveway, OffStreet, Valet

Attached Garage:  Yes

Garage:  Yes

Carport:  No

Green / Env Info

Interior Features

Fireplace:  No

Floors:  EngineeredHardwood, PorcelainTile

Levels:  One

Spa:  No

Laundry Features:  Inside, LaundryRoom

Interior Features:  BuiltInFeatures, EatInKitchen, HighCeilings, KitchenFamilyRoomCombo, LivingDiningRoom, OpenFloorplan, SolidSurfaceCounters, WalkInClosets, WoodCabinets

Appliances:  BuiltInOven, Cooktop, Dryer, Dishwasher, ExhaustFan, Freezer, Disposal, Microwave, Range, Refrigerator, RangeHood, Washer

Lot Info

Direction Remarks:  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. Street parking available.

Lot Size Units:  Acres

Lot Size Acres:  0.02

Lot Desc:  CityLot, NearPublicTransit

Misc

Builder Model:  E3

Other

Special Conditions:  None

Security Features:  FireAlarm, FireSprinklerSystem, GatedCommunity, SmokeDetectors, KeyCardEntry, LobbySecured

Other Rooms Info

Property Info

Section:  19

Class Type:  Condominium

Property Sub Type:  Condominium

Property Condition:  NewConstruction

Property Attached:  No

New Construction:  Yes

Construction Materials:  Concrete, Stucco

Stories:  1

Total Stories:  18

Accessibility:  WheelchairAccess

Foundation:  Slab

Human Modified:  Yes

Room Info

Total Rooms:  7

Sqft Info

Sqft:  1,562

Bulding Area Sqft:  1,683

Living Area Units:  SquareFeet

Living Area Source:  Builder

Tax Info

Tax Year:  2,024

Tax Lot:  3

Tax Legal Description:  Lot 3, BLK B, Resub of Blks C& D, Plat of Sarasota, Gillespie Place, Plat Book 1 page 11A and Lot 4, BLK B, Resub of Blks C & C, Plat of Sarasota.

Tax Block:  B

Tax Book Number:  1-11A

Unit Info

Unit:  1702

Utilities / Hvac

Heating:  Central

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir

Cooling:  Yes

Heating:  Yes

Utilities:  NaturalGasConnected, MunicipalUtilities

Waterfront / Water

Waterfront:  No

View:  Yes

View:  Bay, City, Water

Schools

Elem:  Southside Elementary

Middle:  Booker Middle

High:  Sarasota High

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. Street parking available.

This listing courtesy of Michael Saunders & Company 

Mortgage Calculator

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Price & Status History (on davidshippey.com since Wed, May 7th 2025)
  • Original Price: $1,875,000
  • Current Price: $1,675,000
  • Price Reduced: $200,000
Date ChangedFromTo
06/20/2025$1,750,000 $1,675,000 Reduced by $75,000
06/03/2025$1,875,000 $1,750,000 Reduced by $125,000

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If you have any questions on 33 S Palm Avenue UNIT #1702, Sarasota, Florida, please call David Shippey at 863-521-4517.


MLS# A4651257 located at 33 S Palm Avenue UNIT #1702, Sarasota, Florida is brought to you by David Shippey REALTOR®

33 S Palm Avenue UNIT #1702, Sarasota, Florida has 2 Beds, 2 Full Bath, and 0 Half Bath.
The MLS Number for 33 S Palm Avenue UNIT #1702, Sarasota, Florida is A4651257.
The price for 33 S Palm Avenue UNIT #1702, Sarasota, Florida is $1,675,000.
The status of 33 S Palm Avenue UNIT #1702, Sarasota, Florida is Active.
The subdivision of 33 S Palm Avenue UNIT #1702, Sarasota, Florida is The Demarcay.
The home located at 33 S Palm Avenue UNIT #1702, Sarasota, Florida was built in 2025.

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