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
Builder License Number
CGC061702
Builder Name
Voeller Construction
Building Area Source
Builder
Building Area Total Srch SqM
340.12
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
1159.38
Community Features
Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
Construction Materials
Concrete, Stucco
Cumulative Days On Market
242
Elementary School
Southside Elementary
Exterior Features
Balcony, Sidewalk, Sliding Doors, Storage
Flood Zone Date
2024-03-27
Flood Zone Panel
12115C0133G
Foundation Details
Pillar/Post/Pier
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
List AOR
Sarasota - Manatee
Living Area Source
Builder
Living Area Units
Square Feet
Lot Features
City Limits, Near Marina, Near Public Transit, Sidewalk
Middle Or Junior School
Booker Middle
Modification Timestamp
2026-01-09T17:01:23.862Z
Monthly Condo Fee Amount
4479
Patio And Porch Features
Covered, Patio
Previous List Price
4195000
Price Change Timestamp
2025-11-24T18:46:16.000Z
Property Condition
Completed
Property Description
Corner Unit, High Rise
Public Remarks
$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.
RATIO Current Price By Calculated SqFt
1159.38
SW Subdiv Community Name
Not Applicable
Security Features
Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
Showing Requirements
Appointment Only, Contact Call Center, Listing Agent Must Accompany, ShowingTime
Status Change Timestamp
2025-07-02T20:38:23.000Z
Tax Legal Description
UNIT 1501, DEMARCAY, CB 50 PG 52-70
Total Annual Fees
53748.00
Total Monthly Fees
4479.00
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 View
Bay/Harbor - Full, Gulf/Ocean - Partial
