Virtual TourMap

For SaleCondominiumActive

33 S Palm Avenue 1501

Sarasota, FL 34236

$3,700,000

497 Days On Site

  • 3Beds
  • 4Baths3 full, 1 half
  • 3,407Sq Ft
  • $1,086Per Sq Ft
  • 0.2Acres
  • 2024Built
Subdivision
Demarcay
County
Sarasota
MLS®
A4657527

Overview

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.

Listing Snapshot

Price
$3,700,000
Days On Site
497 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 monthly
Sq Ft Source
Builder

Property Details

General Features

18 items
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
Assigned, Circular Driveway, Covered, On Street, Valet, Attached
Pets
Yes
Property Condition
New Construction
Property Sub Type
Condominium
Security
Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
3,661
Utilities
Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source
Public
Zoning
DTB

Interior Features

16 items
Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Cooling
Central Air
Flooring
Tile
Heating
Central
Interior
Elevator, Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Walk-In Closet(s)
Laundry Features
Laundry Room

Rooms

RoomDimensionsLevelFeatures
Bedroom 213x14First
Bedroom 312x14First
Dining Room24x15First
Foyer5x19First
Kitchen11x23FirstBreakfast Bar, Stone Counters
Laundry6x9First
Living Room24x16First
Master Bathroom10x13FirstDouble Vanity, Stone Counters
Master Bedroom15x19First
Office11x16First

Exterior Features

8 items
Construction Details
Concrete, Stucco
Exterior
Balcony, Storage
Lot Features
Near Public Transit
Patio And Porch
Covered, Patio
Roof
Concrete
View
Water, City
Waterview
Water, City
Windows/Doors
Sliding Doors

Community Features

4 items
Community Features
Clubhouse, Fitness Center, Pool, Sidewalks
MLS Area
34236 - Sarasota
Financing Terms Available
Cash, Conventional
Roads
Asphalt

Location

33 S Palm Avenue 1501, Sarasota, FL 34236 · 34236 - Sarasota

$20M$15M$14M
© OpenStreetMap contributors
Open in Google Maps

Neighborhood & Commute

ZIP Code 34236

Median household income
$98,702
Income per person
$92,684
Households
8,742
Average household size
1.63
Median age
60.7

Source: Walk Score.

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

Schools

Elementary School
Southside Elementary
Middle School
Booker Middle
High School
Sarasota High

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Price changed to $3,700,000
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

Similar Homes

For sale in Sarasota, condominium, within 20% of this price.

Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY (941) 539-0998

Stellar MLS

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: 2026-11-12 12:46 AM EST

Powered by Showcase IDX, a Constellation1 company

We use cookies to improve your experience and our marketing. Privacy Policy