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$4,300,000
178 Days On Site

33 S PALM AVENUE 1601
SARASOTA, FL 34236

For Sale|Condominium|Active
3
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
3,407
SqFt
$1,262
/SqFt
2024
Built
Subdivision:
DEMARCAY
County:
Sarasota

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33 S PALM AVENUE 160133 S PALM AVENUE 160133 S PALM AVENUE 160133 S PALM AVENUE 1601
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$50,000 CREDIT TOWARD BLINDS AND CLOSET BUILD-OUTS. Penthouse Collection residence on the 16th floor of the newly built DeMarcay, capturing commanding vistas over downtown Sarasota, Sarasota Bay, Big Pass and the Gulf. Perfectly positioned at the corner of Main Street and Palm Avenue, this address places art galleries, acclaimed dining, boutiques, theaters, the farmers’ market, the city marina, wellness studios and live music within an easy stroll. Plus, St. Armands Circle and Lido Beach are just three miles across the Ringling Bridge. DeMarcay sets a new benchmark for downtown living with elevated, resort-inspired amenities crowned by an 18th-floor bi-level terrace with 360-degree views. Residents enjoy a state-of-the-art fitness center, club lounge, outdoor kitchen, and a spectacular pool terrace designed for sunset lounging and entertaining, supported by dedicated on-site staff available 24/7 for personalized service. Bayside on the 16th floor, this elegant 3,407-square-foot residence offers three private bedroom suites, a separate office/den, powder room, open-concept living, laundry facilities, and a private bayfront balcony. Volume ceilings and expansive glass invite natural light and frame the skyline and water views throughout. The gourmet kitchen features imported Italian cabinetry, quartz countertops, a Miele five-burner gas cooktop, and integrated Miele appliances. The primary suite is a true retreat with a spa-inspired bath showcasing designer Italian cabinetry, porcelain undermount sinks, a soaking tub and a spacious walk-in shower. To personalize the home to your exact preferences, a $50,000 credit is being offered toward blinds and custom closet build-outs. An 18-story boutique condominium of only 39 residences, DeMarcay uniquely weaves modern architecture with Sarasota history, thoughtfully preserving and restoring the iconic facades of the original DeMarcay Hotel (1922) and the Roth Cigar Factory (1923–1938). A rare opportunity to live above it all: At the city’s most walkable crossroads surrounded by water, culture and coastal ease.

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Listing Snapshot
Price 
$4,300,000
Days On Site 
178 Days
Bedrooms 
3
Inside Area (SqFt) 
3,407 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
N/A
Year Built 
2024
MLS® Number 
A4659041
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®
6 months agoListing first seen on site
General Features
Attached Garage 
Yes
Direction Faces 
Southwest
Foundation 
Pillar/Post/Pier
Garage 
Yes
Garage Spaces 
2
Levels 
One
Number Of Stories 
18
Parking 
Circular 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 
Cable AvailableElectricity ConnectedPhone AvailableSewer 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 
Balcony
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
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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