33 S Palm Avenue 1501, SARASOTA, FL

$3,950,000

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3

Beds

4

Baths

3,407

Square feet

0.20

Acres

About 33 S Palm Avenue 1501

$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.

Features of 33 S Palm Avenue 1501

MLS® # A4657527
Price $3,950,000
Bedrooms 3
Bathrooms 4.00
Full Baths 3
Half Baths 1
Square Footage 3,407
Acres 0.20
Year Built 2024
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 33 S Palm Avenue 1501
Area Sarasota
Subdivision DEMARCAY
City SARASOTA
County Sarasota
State FL
Zip Code 34236-5610

Amenities

Parking Assigned, Circular Driveway, Covered, On Street, Portico, Valet
# of Garages 2
View City, Water
Is Waterfront No
Has Pool No

Interior

Interior Features Eating Space In Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
Appliances Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Heating Central
Cooling Central Air
Fireplace No
# of Stories 18

Exterior

Exterior Features Balcony, Sidewalk, Sliding Doors, Storage
Lot Description City Lot, Near Marina, Near Public Transit, Sidewalk
Roof Concrete
Foundation Pillar/Post/Pier

School Information

Elementary Southside Elementary
Middle Booker Middle
High Sarasota High

Additional Information

Date Listed July 2nd, 2025
Days on Market 224
Zoning DTB
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePREMIER SOTHEBY'S INTERNATIONAL REALTY

Listing Map

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