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33 S Palm Avenue 1501
SARASOTA, FL 34236-5610

  • Price$3,950,000
  • Beds3
  • Baths4
  • SQ. Feet3,407
  • Acres0.20
  • Built2024

$50,000 CREDIT AT CLOSING TOWARD BLINDS AND CLOSET BUILD-OUTS. In the heart of Downtown Sarasota, at the coveted corner of Main Street and Palm Avenue, this Penthouse Collection residence on the 15th floor of the newly built DeMarcay rises above the city with sweeping views of downtown, Sarasota Bay, Big Pass, and onward to the Gulf of Mexico. Step outside and walk to art galleries, acclaimed restaurants, boutiques, theaters, the farmers’ market, the city marina, wellness studios and live music. When the beach calls, St. Armands Circle and Lido Beach are just three miles over the Ringling Bridge. DeMarcay elevates downtown living with resort-style amenities crowned by an 18th-floor bi-level terrace featuring 360-degree vistas. Residents enjoy a state-of-the-art fitness center, an owners’ lounge, outdoor kitchen, and an impressive pool terrace designed for sunset gatherings and entertaining, supported by 24/7 on-site staff for personalized service. Bayside on the 15th floor, this 3,407-square-foot residence offers three private bedroom suites, a separate office/den, powder room, open living and dining, laundry, and a private bayfront balcony. Volume ceilings and expansive windows bring in natural light and frame the water-and-sky backdrop throughout. The chef’s kitchen pairs imported Italian cabinetry with quartz countertops, a Miele five-burner gas cooktop, and integrated Miele appliances. The primary suite is a serene retreat with a spa-inspired bath featuring designer Italian cabinetry, porcelain undermount sinks, a soaking tub, and a generous walk-in shower. An 18-story boutique community of only 39 residences, DeMarcay blends contemporary architecture with Sarasota’s heritage, thoughtfully preserving and restoring the historic facades of the original DeMarcay Hotel (1922) and the Roth Cigar Factory (1923–1938). A rare opportunity to live at Sarasota’s most walkable crossroads—elevated, effortless and distinctly downtown.

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Essential Information
  • MLS® #A4657527
  • Price$3,950,000
  • Bedrooms3
  • Bathrooms4.00
  • Full Baths3
  • Half Baths1
  • Square Footage3,407
  • Acres0.20
  • Year Built2024
  • TypeResidential
  • Sub-TypeCondominium
  • StatusActive
Amenities
  • ParkingAssigned, Circular Driveway, Covered, On Street, Portico, Valet
  • # of Garages2
  • ViewCity, Water
Exterior
  • Exterior FeaturesBalcony, Sidewalk, Sliding Doors, Storage
  • Lot DescriptionCity Lot, Near Marina, Near Public Transit, Sidewalk
  • RoofConcrete
  • FoundationPillar/Post/Pier
Additional Information
  • Days on Market218
  • ZoningDTB
Community Information
  • Address33 S Palm Avenue 1501
  • AreaSarasota
  • SubdivisionDEMARCAY AT 33 SOUTH PALM
  • CitySARASOTA
  • CountySarasota
  • StateFL
  • Zip Code34236-5610
Interior
  • Interior FeaturesEating Space In Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
  • AppliancesBuilt-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories18
School Information
  • ElementarySouthside Elementary
  • MiddleBooker Middle
  • HighSarasota High

Price Change History for 33 S Palm Avenue 1501, SARASOTA, FL (MLS® #A4657527)

Date Details Price Change
Price Reduced (from $4,195,000) $3,950,000 $245,000 (5.84%)