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33 S Palm Avenue , #1501

Sarasota, FL 34236
  • $3,750,000
  • STATUS: Active
  • ON SITE: 438 Days
  • MLS #: A4657527
UPDATED: 47 min ago
$3,750,000
  • 3
    BEDS
  • 0.2
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,407
    SQFT
  • $1,101
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2024
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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 opportunity to live at Sarasota’s most walkable crossroads—elevated, effortless and distinctly downtown.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 independently verified. Listing information is provided for consumers 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. Data last updated 2026-09-14T10:46:50.263.
www.keyfindergroup.com/homes/165499981
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33 S Palm Avenue , #1501 Sarasota, FL 34236

  • Price: $3,750,000
  • Status: Active
  • On Site: 438 Days
  • Updated: 47 min ago
  • MLS #: A4657527
3
Beds
3
Baths
1
½ Baths
0.2
Acres
3,407
SQFT
$1,101
$/SQFT
2024
Built
Neighborhood:
Demarcay
County:
Sarasota
Area:
Sarasota
Elementary School:
Southside Elementary
Middle School:
Booker Middle
High School:
Sarasota High
Property 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 opportunity to live at Sarasota’s most walkable crossroads—elevated, effortless and distinctly downtown.
Exterior Features

Attached Garage Yn Yes Carport Yn No Common Walls Corner Unit Construction Materials ConcreteStucco Covered Spaces 2 Direction Faces Southwest Exterior Features BalconySidewalkSliding DoorsStorage Foundation Details Pillar/Post/Pier Lot Features City LotNear MarinaNear Public TransitSidewalk Open Parking YN Yes Parking Features AssignedCircular DrivewayCoveredOn StreetPorticoValet Patio And Porch Features CoveredPatio Pool Private Yn No Road Surface Type Asphalt Roof Concrete View CityWater Water Access Yn No Water Extras Yn No Water View Bay/Harbor - FullGulf/Ocean - Partial Water View Yn Yes Waterfront Yn No

Interior Features

Additional Rooms Den/Library/Office Appliances Built-In OvenConvection OvenCooktopDishwasherDisposalDryerExhaust FanMicrowaveRange HoodRefrigeratorWasherWine Refrigerator Building Area Total 3661 Building Elevator Yn Yes Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Porcelain Tile Heating Central Heating YN Yes Interior Features Eating Space In KitchenHigh CeilingsOpen FloorplanStone CountersThermostatWalk-In Closet(s) Laundry Features Laundry Room Levels One Rooms Foyer (Coat Closet) Kitchen (Breakfast BarKitchen IslandStone CountersPantry) Dining Room Living Room Primary Bathroom (Dual SinksGarden BathStone CountersTub with Separate Shower StallWater Closet/Priv Toilet) Bedroom 2 (En Suite BathroomBuilt-in Closet) Primary Bedroom (En Suite BathroomWalk-In Closet(s)) Bedroom 3 (En Suite BathroomBuilt-in Closet) Office Laundry Sewer Public Sewer Stories Total 18 Water Source Public

Property Features

Additional Lease Restrictions Follow rules and regulations of the association Additional Parcels YN No Approval Process Submit application and $75 application fee to the association for approval. Association Approval Required Yn Yes Association Fee Includes Community PoolEscrow Reserves FundInsuranceMaintenance StructureManagerPest ControlPool MaintenanceSewerTrashWater Association Montly Maint Amt Add To Hoa 0 Association Yn No Builder Name Voeller Construction Building Name Number DEMARCAY Cdd Yn No Community Features ClubhouseDeed RestrictionsFitness CenterPoolSidewalks Condo Fee Monthly Amount 4886 Condo Fees 4886 Condo Fees Term Monthly Condo Land Included Yn No Down Payment Resource No Flood Zone Code AE Floor Number 15+ Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventional Max Pet Weight 0 Minimum Lease 3 Months New Construction Yn Yes Number Of Pets 2 Occupant Type Owner Ownership Condominium Pets Allowed Yes Property Condition Completed Property Sub Type Condominium Security Features Fire Sprinkler SystemKey Card EntrySmoke Detector(s) Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Not Applicable Tax Annual Amount 0 Total Annual Fees 58632 Total Monthly Fees 4886 Utilities BB/HS Internet AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning DTB


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY: 941-364-4000.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 independently verified. Listing information is provided for consumers 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. Data last updated 2026-09-14T10:46:50.263.
 
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