Price Reduced 8.14%
Price History
$4,300,000
7/17/2025
$3,950,000
3/17/2026
33 S PALM AVENUE, #1601, Sarasota, FL, 34236
10 rooms
3 beds
3 Full / 1 Half baths
2024
3,407 sqft
Under contract-accepting backup offers. Penthouse Collection residence on the 16th floor of the newly built DeMarcay, capturing commanding vistas over downtown Sarasota, Sarasota Bay, Big Pass and the Gulf. Perfectly positioned at the corner of Main Street and Palm Avenue, this address places art galleries, acclaimed dining, boutiques, theaters, the farmers’ market, the city marina, wellness studios and live music within an easy stroll. Plus, St. Armands Circle and Lido Beach are just three miles across the Ringling Bridge. DeMarcay sets a new benchmark for downtown living with elevated, resort-inspired amenities crowned by an 18th-floor bi-level terrace with 360-degree views. Residents enjoy a state-of-the-art fitness center, club lounge, outdoor kitchen, and a spectacular pool terrace designed for sunset lounging and entertaining, supported by dedicated on-site staff available 24/7 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 16th floor, this elegant 3,407-square-foot residence offers three private bedroom suites, a separate office/den, powder room, open-concept living, laundry facilities, and a private bayfront balcony. Volume ceilings and expansive glass invite natural light and frame the skyline and water views throughout. The gourmet kitchen features imported Italian cabinetry, quartz countertops, a Miele five-burner gas cooktop, and integrated Miele appliances. The primary suite is a true retreat with a spa-inspired bath showcasing designer Italian cabinetry, porcelain undermount sinks, a soaking tub and a spacious walk-in shower. An 18-story boutique condominium of only 39 residences, DeMarcay uniquely weaves modern architecture with Sarasota history, thoughtfully preserving and restoring the iconic facades of the original DeMarcay Hotel (1922) and the Roth Cigar Factory (1923–1938). A rare opportunity to live above it all: At the city’s most walkable crossroads surrounded by water, culture and coastal ease.
Status:
Pending
Type:
Condo
Laundry Remarks:
Laundry Room
Complex:
DEMARCAY
Garage:
2-car Circular Driveway, Covered, On Street, Portico, Valet
Heating:
Central
Cooling:
Central Air
Levels:
18
Condo Fee
4886.0000
Construction
Concrete, Stucco
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Lot Description:
City Lot, Near Marina, Near Public Transit, Sidewalk
View Description:
City, Water
Days on Market:
268
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 #:
A4659041
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000