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$3,750,000
489 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
$1,101
/SqFt
2024
Built
Subdivision:
DEMARCAY
County:
Sarasota
33 S PALM AVENUE 150133 S PALM AVENUE 150133 S PALM AVENUE 150133 S PALM AVENUE 1501
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Above It All. In the Heart of Downtown Sarasota. At the celebrated intersection of Main Street and Palm Avenue, The DeMarcay offers an exceptional combination of penthouse living, panoramic water views and downtown Sarasota’s most desirable address. From its 15th-floor vantage point, this expansive residence commands sweeping views across the city skyline, Sarasota Bay and Big Pass to the Gulf of Mexico. Below, the best of Sarasota awaits within a few blocks with fine dining, art galleries, designer boutiques, performing arts, live music, the farmers’ market and the waterfront marina. St. Armands Circle and the white sands of Lido Beach are just three miles away, across the iconic Ringling Bridge. Crowning The DeMarcay, the 18th-floor bi-level amenity terrace offers 360-degree views of the city, bay and Gulf. Residents enjoy an owners’ lounge, fitness center, outdoor kitchen and pool terrace with inviting spaces for relaxing, gathering and watching the sunset. The building also provides 24-hour on-site staff and the distinction of being downtown Sarasota’s only condominium offering 24/7 valet parking. Encompassing 3,407 square feet, this bay-facing residence features three private bedroom suites, a separate office or den, powder room and open living and dining areas. High ceilings and expansive windows bring natural light into the interiors and frame the surrounding water and skyline. A private balcony extends the living space outdoors, overlooking Sarasota Bay. The kitchen features imported Italian cabinetry, quartz countertops, a five-burner Miele gas cooktop and integrated Miele appliances. The primary suite includes a spacious bath with Italian designer cabinetry, porcelain undermount sinks, a soaking tub and a large walk-in shower. Rising 18 stories with just 39 private residences, The DeMarcay offers an intimate residential with a distinctive architectural legacy. The restored historic facades of the original DeMarcay Hotel, dating to 1922, and the Roth Cigar Factory, dating to the 1920s, connect this exceptional modern residence to Sarasota’s storied past. The combination of bay and Gulf views, generous living space, 24-hour valet service and a walkable downtown address makes this Penthouse Collection residence a distinctive opportunity in the very center of downtown Sarasota.

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Listing Snapshot
Price 
$3,750,000
Days On Site 
489 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 
$4,886
Sq Ft Source 
Builder
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS
8 months agoPrice changed to $3,750,000
a year 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
Windows/Doors 
Sliding Doors
Community Features
Community Features 
ClubhouseFitness CenterPoolSidewalks
MLS Area 
34236 - Sarasota
Financing Terms Available 
CashConventional
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: 2026-11-04 10:53 AM 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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