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33 S Palm Avenue #1501

SARASOTA, FL 34236
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Bed 3

Bed

Bath 4

Bath

SqFt3,407

Sqft

Acres0.20

Acre(Lot)

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 desig ned 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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Detail Ic Property Details

Property Type : Residential

Price : $3,750,000

AD Id : 65727476

MLS Id : MFRA4657527

Beds : 3

Lot Size : 0.20 Acre

Living Area Size : 3,407

Year Built : 2024

Garage : 2

County : Sarasota

Subdivision: Demarcay

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Interior Features

    Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s) Roof: Concrete Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator Laundry Features: Laundry Room

    Roofing Information

    Concrete
  • Flooring Information

    Flooring: Tile Construction Materials: Concrete, Stucco
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 2024
  • Exterior Features

    Balcony, Sidewalk, Sliding Doors, Storage Construction Materials: Concrete, Stucco Foundation Details: Pillar/Post/Pier

  • Lot Information

    Lot Description: City Limits, Near Marina, Near Public Transit, Sidewalk Lot Acres: 0.2

    Property Information

    Property Type: Residential Sub Type: Condominium

  • Listing Price Information

    Original List Price:$4195000

  • Tax Information

    Tax Lot: 1501 Tax Legal Description: UNIT 1501, DEMARCAY, CB 50 PG 52-70 Annual Tax: $0 Tax Year: 2024 Parcel Number: 2027057031

  • Parking Information

    Assigned, Circular Driveway, Covered, On Street, Portico, Valet

    Garage Information

    Has Garage: Yes Garage Space: 2

    Homeowners Association Information

    Included Fees: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Management, Pest Control, Sewer, Trash, Water

  • School Information

    Elementary School: Southside Elementary Junior High School: Booker Middle Senior High School: Sarasota High
  • Utility Information

    BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: DEMARCAY City: SARASOTA Direction: From I75, take the Fruitville Avenue exit headed west. Make a left onto Washington Blvd. Make a right onto Main Street. Make a left onto Palm Ave and the Demarcay will be on the left hand side.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
65 S Palm Ave #1205, Sarasota, FL, 34236 $6,475,000 3 4 3,302 3,302 SqFt
Undisclosed Address, Sarasota, FL, 34236 $6,800,000 3 4 3,350 3,350 SqFt
Undisclosed Address, Sarasota, FL, 34236 $10,400,000 4 5 4,482 4,482 SqFt
Undisclosed Address, Sarasota, FL, 34236 $8,500,000 4 5 4,482 4,482 SqFt
Undisclosed Address, Sarasota, FL, 34236 $7,200,000 3 4 4,081 4,081 SqFt
Undisclosed Address, Sarasota, FL, 34236 $14,150,000 4 5 4,942 4,942 SqFt
65 S Palm Ave #1503, Sarasota, FL, 34236 $8,275,000 4 5 3,734 3,734 SqFt
850 S Tamiami Trail #801, Sarasota, FL, 34236 $325,000 2 2 980 980 SqFt
1990 Main Street #4, Sarasota, FL, 34236 $575,000 2 2 1,453 1,453 SqFt
825 Osprey Avenue #108, Sarasota, FL, 34236 $495,000 2 2 1,260 1,260 SqFt
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ByOwner last updated this listing 06/14/2026 @ 18:20

MLS: MFRMLS #A4657527 LISTED BY: Andrew Tanner, PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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