Hi There! Is this Your First Time?

Did you know if you Register Now to access our FREE search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

33 South Palm Avenue 1501
SARASOTA, FL 34236

  • Price$6,750,000
  • Beds3
  • Baths4
  • SQ. Feet3,407
  • Built2023

Under Construction. A rare opportunity to own a new construction condominium ready to deliver this Summer (2024). The DeMarcay is an 18-story boutique condominium of only 39 residences located on the highly sought-after South Palm Avenue in the heart of downtown Sarasota. Enjoy panoramic views of Sarasota Bay, Ringling Bridge and the city lights from this upgraded Penthouse Collection Residence. Perched on the 15th floor, the 3,407 SF home consists of 3 bedrooms plus a den and 3.5 bathrooms, 11-foot ceilings, expansive windows, and two terraces creating a seamless outdoor connection. The chef’s kitchen offers an integrated design complete with an upgraded Miele appliance package including a gas cooktop, quartz countertops, and Italian custom cabinetry. 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. Wake up to bay views from the owners’ suite that also features a generous walk-in closet and a spa-inspired bathroom with floating vanities, a frameless glass shower, a standalone soaking tub, and a private water closet. The den is conveniently located adjacent to the owners’ suite with a separate terrace, making working from home a pleasure. The residence includes two assigned parking spaces with valet access required. An array of thoughtful amenities are found on the 18th floor including a beautiful clubhouse with a fitness center, plenty of entertaining space with large screen TV, a catering kitchen, and two terraces offering unobstructed views of the bay and downtown. Entertaining options extend to the pool deck with an outdoor kitchen and dining area. Just beyond, relax in the rooftop pool while enjoying breathtaking water views. There will be on-site staff available 24/7 providing resident services for owners whether they are in town or traveling providing a true “lock and leave” lifestyle. This reinvention of the 1922 DeMarcay Hotel artfully pays homage to its past while claiming its place as one of the few new construction buildings in this location. Note: Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.

Get in Touch for More Information about this Property
Call Us: 941-923-7777
Request Detailed Listing Sheet
Request a Showing Print this Listing
Essential Information
  • MLS® #A4596347
  • Price$6,750,000
  • Bedrooms3
  • Bathrooms4.00
  • Full Baths3
  • Half Baths1
  • Square Footage3,407
  • Acres0.00
  • Year Built2023
  • TypeResidential
  • Sub-TypeCondominium
  • StatusActive
Amenities
  • ParkingAssigned, Circular Driveway, Covered, Driveway, Guest, Off Street, Portico, Valet
  • # of Garages2
  • ViewWater
Exterior
  • Exterior FeaturesBalcony
  • RoofConcrete
  • FoundationSlab
Community Information
  • Address33 South Palm Avenue 1501
  • AreaSarasota
  • SubdivisionTHE DEMARCAY
  • CitySARASOTA
  • CountySarasota
  • StateFL
  • Zip Code34236
Interior
  • Interior FeaturesHigh Ceilings, Open Floorplan, Walk-In Closet(s)
  • AppliancesBuilt-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories18
Additional Information
  • Days on Market187

Price Change History for 33 South Palm Avenue 1501, SARASOTA, FL (MLS® #A4596347)

Date Details Price Change
Price Reduced (from $7,200,000) $6,750,000 $450,000 (6.25%)