Price Reduced 5.84%

$3,950,000 ($1,159.38 per sqft)

Est. Mortgage $18,946/mo *

Quick Pre-Approval

Price History

$4,195,000
7/2/2025

$3,950,000
11/24/2025


33 S PALM AVENUE, #1501, Sarasota, FL, 34236

33 S PALM AVENUE, #1501, Sarasota, FL, 34236

10 rooms

3 beds

3 Full / 1 Half baths

2024

3,407 sqft

Penthouse Collection residence on the 15th floor of the newly-built DeMarcay, offering sky-high views of the city, Sarasota Bay, Big Pass, and beyond to the Gulf of Mexico. Best location in the city by the intersection of Main Street and Palm Avenue. Walk to art galleries, restaurants, boutiques, theaters, farmers’ market, city marina, wellness services, live music, and all downtown Sarasota amenities. Only three miles over the Ringling Bridge to St. Armands Circle and Lido Beach. DeMarcay stands alone in Sarasota for raising the amenities and pool to such impressive heights. Residents have exclusive access to a state-of-the-art fitness center and club lounge, as well as an outdoor kitchen, sparkling pool and expansive bi-level terrace on the 18th floor, all providing 360-degree vistas of Sarasota’s breathtaking scenery. Located on the 15th floor bayside, this elegant 3,407-square-foot residence has three private bedroom suites, an office/den, a powder room, an open living area, laundry facilities, and a private bayfront balcony. Volume ceilings and large windows maximize views and natural light throughout. The gourmet kitchen showcases imported Italian cabinetry, quartz countertops, a Miele five-burner gas cooktop, and seamlessly integrated Miele appliances. The primary suite offers a spa-inspired ensuite bath featuring designer Italian cabinets, porcelain undermount sinks, an elegant soaking tub, and a spacious walk-in shower. Residents enjoy 24/7 access to dedicated on-site staff for personalized services. The DeMarcay is an 18-story boutique condominium community of only 39 residences that uniquely blends modern luxury with Sarasota’s rich history. The development thoughtfully preserves and restores the historic facades of the original DeMarcay Hotel, built in 1922, and the Roth Cigar Factory, which operated from 1923 to 1938. This fusion of historic charm and contemporary design creates a distinctive living experience. Live the good life at DeMarcay — luxurious and casual — so Sarasota! Please note that some images are artist renderings representative of the interior finishes and may not exactly match the actual finishes of this residence.


Status:

Active

Type:

Condo

Laundry Remarks:

Laundry Room

Complex:

DEMARCAY

Garage:

2-car Assigned, Circular Driveway, Covered, On Street, Portico, Valet

Heating:

Central

Cooling:

Central Air

Levels:

18

Acreage:

0.2

Condo Fee

4479.0000

Construction

Concrete, Stucco

Utilities

BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Lot Description:

City Lot, Near Marina, Near Public Transit, Sidewalk

View Description:

City, Water

Elementary School:

Southside Elementary

Middle School:

Booker Middle

High School:

Sarasota High

Days on Market:

145

Elevator:

Y

Pet Policy:

Yes

Appliances:

Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator

Min Lease Term:

3 Months

MLS #:

A4657527


Community Info

School Info

Walk Score

Yelp



Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000