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33 S PALM AVENUE UNIT 1603

Condo/Co-op Recently Sold
$1,715,000

BTC: 21.43750000

ETH: 700.28583095

Sold on: 2024-11-11
New
1 bds
2 ba
1,228 sqft

Overview

One or more photo(s) has been virtually staged. Under Construction. This 1 bedroom plus a den & 2 full baths residence is in an 18-story intimate BOUTIQUE CONDO TOWER located in charming historical Sarasota! The ROOFTOP POOL offers sweeping views of the bay and city coupled with a state-of-the-art outdoor kitchen, beautiful clubhouse and two terraces perfect for entertaining. 24/7 staff on site to provide resident services. Wonderful downtown location tucked amongst the most coveted galleries, restaurants, shops, & theaters (while still being close to the Marina) puts the 39 private residences at The DeMarcay in one of the best locations for walkability! This reinvention of the 1922 DeMarcay Hotel artfully pays homage to its past while claiming its place as one of the few modern buildings of its type in this location. Buyers will select from designer finishes to make their home their own. Interiors include custom cabinetry, Miele appliances with gas cooktop, quartz counters, spa-like baths, large windows, 11' ceilings and private terraces with every home~ offering a city and/or water view! Parking included. Delivery scheduled for Fall of 2024. Note: Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.

Location

Details

Type:
Residential
Parking:
Assigned / Covered / Driveway / Off Street / Portico / Valet
Year Built:
2023
Lot:
0.20 Acres
Heating:
Central
Price/sqft:
$1,397
Cooling:
Central Air
HOA:
$982

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,190,000
$795K – $1.4M
Confidence Low
List vs. estimate
$525K above estimate
List $1,715,000 · +44.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,396
+260.6% vs. city median $387
Based on
11 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

HOA
$982/mo
24-Hour Guard, Community Pool, Escrow Reserves Fund
Pool
Heated
View
City
Garage
1 car garage
Pets
Breed Restrictions
All facts and features
  • Flooring

    • Porcelain Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Exhaust Fan

    • Freezer

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • High Ceilings

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Covered

    • Driveway

    • Off Street

    • Portico

    • Valet

    Property

    • Levels: One

    • Exterior Features: Balcony / Lighting

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 20270500061603

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Natural Gas Connected

    • Public

  • Other financial information

    • HOA: $982

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A4537830

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Patio And Porch Features: Covered

    • Pool Features: Heated / Lighting / Salt Water

    • Direction Faces: Southwest

    • Architectural Style: Contemporary / Historical

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1228

    • Water Source: Public

    • Subdivision Name: THE DEMARCAY

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: WOLF RESIDENTIAL