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33 S Palm Avenue Unit: Unit: 1501, Sarasota, FL

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$3,750,000

($1,101/sqft)

List Status: Active
33 S Palm Avenue
Sarasota, FL 34236


3 beds
3 baths
3407 living sqft
Top Features
  • View: Water, City
  • Subdivision: Demarcay
  • Built in  2024
  • Condominium
Description
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. This is the only condominium in downtown Sarasota with 24/7 valet parking service, offering a distinctive, space-saving parking configuration and the ease of round-the-clock attended vehicle access. 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 opportunit
Property Details
Property Features
Property Sub Type
Condominium
View
Water, City
Parking
Assigned, Circular Driveway, On Street, Valet, Portico, Covered
County
Sarasota
Subdivision
DEMARCAY
Building Name
DEMARCAY
Additional Information
Additional Lease Restrictions
Follow rules and regulations of the association
Additional Parcels YN
false
Additional Rooms
Den/Library/Office
Appliances
Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Approval Process
Submit application and $75 application fee to the association for approval.
Association Approval Required YN
1
Association Fee Includes
Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Management, Pest Control, Sewer, Trash, Water
Association YN
false
Attached Garage YN
true
Available For Lease YN
1
Bathrooms Total Integer
4
Builder License Number
CGC061702
Builder Model
A
Builder Name
Voeller Construction
Building Area Source
Builder
Building Area Total
3661
Building Area Total Srch SqM
340.12
Building Area Units
Square Feet
Building Elevator YN
1
Calculated List Price By Calculated SqFt
1100.68
Carport YN
false
Community Features
Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
Condo Fees
4886
Condo Fees Term
Monthly
Construction Materials
Concrete, Stucco
Cooling
Central Air
Country
US
Cumulative Days On Market
312
Current Price
3750000.00
Direction Faces
Southwest
Elementary School
Southside Elementary
Exterior Features
Balcony, Sidewalk, Sliding Doors, Storage
Fireplace YN
false
Flood Zone Code
AE
Flood Zone Date
2024-03-27
Flood Zone Panel
12115C0133G
Floor Number
15+
Flooring
Tile
Foundation Details
Pillar/Post/Pier
Garage Spaces
2
Garage YN
true
Heating
Central
High School
Sarasota High
Interior Features
Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
Internet Address Display YN
true
Internet Automated Valuation Display YN
false
Internet Consumer Comment YN
false
Internet Entire Listing Display YN
true
Laundry Features
Laundry Room
Lease Restrictions YN
1
Levels
One
List AOR
Sarasota - Manatee
Living Area Meters
316.52
Living Area Source
Builder
Living Area Units
Square Feet
Lot Features
City Limits, Near Marina, Near Public Transit, Sidewalk
Lot Size Acres
0.2
Middle Or Junior School
Booker Middle
Minimum Lease
3 Months
Modification Timestamp
2026-03-20T20:27:08.878Z
Monthly Condo Fee Amount
4886
New Construction YN
true
Num Times per Year
4
Number Of Pets
2
Occupant Type
Owner
Ownership
Condominium
Parcel Number
2027057031
Patio And Porch Features
Covered, Patio
Pets Allowed
Yes
Pool Private YN
false
Postal Code Plus 4
5610
Previous List Price
3950000
Price Change Timestamp
2026-03-17T15:20:34.000Z
Property Condition
Completed
Property Description
Corner Unit, High Rise
RATIO Current Price By Calculated SqFt
1100.68
Road Surface Type
Asphalt
Roof
Concrete
Room Count
10
SW Subdiv Community Name
Not Applicable
Security Features
Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
Appointment Only, Contact Call Center, Listing Agent Must Accompany, ShowingTime
Status Change Timestamp
2025-07-02T20:38:23.000Z
Stories Total
18
Tax Legal Description
UNIT 1501, DEMARCAY, CB 50 PG 52-70
Tax Lot
1501
Tax Year
2024
Total Annual Fees
58632.00
Total Monthly Fees
4886.00
Universal Property Id
US-12115-N-2027057031-S-1501
Unparsed Address
33 S PALM AVE #1501
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source
Public
Water View
Bay/Harbor - Full, Gulf/Ocean - Partial
Water View YN
1
Waterfront YN
false
Zoning
DTB
Neighborhood Map
Popup

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MLS #MFRA4657527 Listing courtesy of Premier Sotheby's International Realty provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 6/12/26 5:53 PM) |

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