9 months on rocket

33 S Palm Ave Unit 1501, Sarasota, FL, 34236

$5,900,000

3 Bedrooms
3 Full Baths, 1 Partial
3,407 SqFt
$1,732/SqFt
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingAssigned, Circular Driveway, Covered, Driveway, Guest, Off Street, Portico, Valet
Attached Garage2 spaces
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
ViewWater
MLS #A4596347
StatusActive

About 33 S Palm Ave Unit 1501

Under Construction. Ready for immediate occupancy, this stunning new construction residence is part of the Penthouse Collection The DeMarcay, an 18-story boutique condominium community of only 39 residences located in the heart of Downtown Sarasota on the highly sought-after South Palm Avenue. A central location that puts you minutes from the finest restaurants, shops, galleries and theaters. Perched on the 15th floor with unparalleled views of Sarasota Bay and the iconic Ringling Bridge, this 3,407 SF home consists of 3 bedrooms plus a den and 3.5 bathrooms, 11-foot ceilings, expansive windows and two terraces. The chef’s kitchen offers an integrated design highlighted by the custom Italian cabinetry complete with an upgraded appliance package including a gas cooktop and quartz countertops. A walk-in pantry, under-counter wine fridge, and dry bar accessible from the great room make this residence perfect for entertaining friends and family. Awaken each morning to views of Sarasota Bay from the owners’ suite which features a generous walk-in closet and a spa-inspired bathroom with floating double vanities, a frameless glass shower, a standalone soaking tub, and a private water closet. The den is conveniently located adjacent to the owners’ suite and features a separate terrace, creating the perfect space for a sitting room or home office. The interiors pictured come to life with virtually staged furnishings. 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 saltwater pool and lanai area, an outdoor kitchen and a generous entertaining area. Inside you will find a club room that opens up to the outdoor spaces and provides ample entertaining space including a lounge area, dining table, bar and catering kitchen, as well as a fitness center. On-site staff is available 24/7 providing resident services for owners whether they are in town or traveling, providing a true “lock and leave” lifestyle. Note: Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 18
  • Living Area: 3,407 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Listing Agent: Lisa Allen

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: High Ceilings, Open Floorplan, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Water
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Circular Driveway, Covered, Driveway, Guest, Off Street, Portico, Valet

Virtual/3D Tour

  • Virtual Tour: 33 S Palm Ave Unit 1501
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,900,000
  • Price Per SqFt: $1,732/SqFt

HOA Fees:

  • Amount: $3831
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$520.7K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

302

33 S Palm Ave Unit 1501 vs Sarasota

296 DAYS ON ROCKET

+234 Days

$5,900,000

+$5.3M More

$1,732/SqFt

+$1.4K More

KEY TAKEAWAY

This property is $5.3M more than the Median Sold Price and $1.4K/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4596347

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Listing Agent: Lisa Allen

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$33.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.7K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-280441
7
/10
  • Alta Vista Elementary School

  • 1050 S Euclid Ave

  • 1.62 miles

  • Public District Grades PK-5

school-card-donut-280442
7
/10
  • Bay Haven School of Basics Plus

  • 2901 W Tamiami Cir

  • 1.92 miles

  • Public Magnet Grades KG-5

school-card-donut-280443
4
/10
  • Tuttle Elementary School

  • 2863 8th St

  • 1.95 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,075. The majority of Sarasota, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 33 S Palm Ave Unit 1501

What is the listing price of this property?

The listing price of 33 S Palm Ave Unit 1501 property is $5,900,000.

What type of property is this?

The property 33 S Palm Ave Unit 1501 is a condo located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 33 S Palm Ave Unit 1501 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 33 S Palm Ave Unit 1501 has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 33 S Palm Ave Unit 1501 is 3,407 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 33 S Palm Ave Unit 1501 is 2023.
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Rocket HomesFloridaSarasota CountySarasota3423633 S Palm Ave Unit 1501

This home is located at 33 S Palm Ave Unit 1501 in Sarasota, FL and zip code 34236 in the Five Points neighborhood. This 3,407 square foot home was built in 2023. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 23, 2024 and is currently priced at $5,900,000.

Sarasota, FL housing market in October 2024 saw over 13 listings sold above listed price, more than 47 sold at listed price and over 242 sold below. Between September 2024 and October 2024, Sarasota, FL real estate market has seen decrease in the number of listings by 0.8%. Listings spent 62 days on the market in October 2024, and had a median list price of $520,718 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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