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$3,950,000
193 Days On Site

33 S PALM AVENUE 1501
SARASOTA, FL 34236

For Sale|Condominium|Active
3
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
3,407
SqFt
$1,159
/SqFt
2024
Built
Subdivision:
DEMARCAY
County:
Sarasota

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33 S PALM AVENUE 150133 S PALM AVENUE 150133 S PALM AVENUE 150133 S PALM AVENUE 1501
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$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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Listing Snapshot
Price 
$3,950,000
Days On Site 
193 Days
Bedrooms 
3
Inside Area (SqFt) 
3,407 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
0.2 Acres
Year Built 
2024
MLS® Number 
A4657527
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Builder
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 months agoPrice changed to $3,950,000
6 months agoListing first seen on site
General Features
Acres 
0.2
Attached Garage 
Yes
Direction Faces 
Southwest
Foundation 
Pillar/Post/Pier
Garage 
Yes
Garage Spaces 
2
Levels 
One
Number Of Stories 
18
Parking 
AssignedCircular DrivewayCoveredOn StreetValetAttached
Pets 
Yes
Property Condition 
New Construction
Property Sub Type 
Condominium
Security 
Fire Sprinkler SystemKey Card EntrySecured Garage/ParkingSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
3661
Utilities 
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
DTB
Interior Features
Appliances 
Convection OvenCooktopDishwasherDisposalDryerExhaust FanMicrowaveRange HoodRefrigeratorWasherWine Refrigerator
Cooling 
Central Air
Flooring 
Tile
Heating 
Central
Interior 
ElevatorEat-in KitchenHigh CeilingsOpen FloorplanStone CountersWalk-In Closet(s)
Laundry Features 
Laundry Room
Bedroom 2 
Dimensions - 13x14Level - First
Bedroom 3 
Dimensions - 12x14Level - First
Dining Room 
Dimensions - 24x15Level - First
Foyer 
Dimensions - 5x19Level - First
Kitchen 
Dimensions - 11x23Level - FirstFeatures - Breakfast Bar, Stone Counters
Laundry 
Dimensions - 6x9Level - First
Living Room 
Dimensions - 24x16Level - First
Master Bathroom 
Dimensions - 10x13Level - FirstFeatures - Double Vanity, Stone Counters
Master Bedroom 
Dimensions - 15x19Level - First
Office 
Dimensions - 11x16Level - First
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Exterior Features
Construction Details 
ConcreteStucco
Exterior 
BalconyStorage
Lot Features 
Near Public Transit
Patio And Porch 
CoveredPatio
Roof 
Concrete
View 
WaterCity
Waterview 
WaterCity
Community Features
Community Features 
ClubhouseFitness CenterPoolSidewalks
Financing Terms Available 
CashConventional
MLS Area 
34236 - Sarasota
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Southside Elementary
Middle School
Booker Middle
High School
Sarasota High
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY (941) 539-0998



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-01-11 07:31 PM EST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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