SARASOTA, FL 34236 33 S PALM AVENUE 1501
$3,750,000



50 more


















































Presented By: PREMIER SOTHEBY'S INTERNATIONAL REALTY with 941-364-4000. - 941-364-4000
Home Details
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.
Presented By: PREMIER SOTHEBY'S INTERNATIONAL REALTY with 941-364-4000. - 941-364-4000
Interior Features for 33 S PALM AVENUE 1501
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths1
Total Baths4
Other Interior Features
LivingAreaSourceBuilder
Air Conditioning Y/NYes
Common WallsCorner Unit
Fireplace Y/NNo
FlooringPorcelain Tile
Heating Y/NYes
Interior AmenitiesEating Space In Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
Laundry FeaturesLaundry Room
Total Stories18
General for 33 S PALM AVENUE 1501
Additional Parcels Y/NNo
Additional RoomsDen/Library/Office
AppliancesBuilt-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Association Fee IncludesCommunity Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
Association NameEdward Bustamante
Attached Garage Yes
Builder NameVoeller Construction
Building Area UnitsSquare Feet
Carport Y/NNo
CitySARASOTA
Community FeaturesClubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
Construction MaterialsConcrete, Stucco
CoolingCentral Air
CountySarasota
DirectionsFrom 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.
Elementary SchoolSouthside Elementary
Facing DirectionSouthwest
Flood Zone CodeAE
Full Baths3
Garage Spaces2
Garage Y/NYes
HOA Monthly Maintenance
HeatingCentral
High SchoolSarasota High
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionUNIT 1501, DEMARCAY, CB 50 PG 52-70
LevelsOne
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size UnitsSquare Feet
MLS Area34236 - Sarasota
Middle/Junior High SchoolBooker Middle
Minimum Lease3 Months
Monthly Condo Fee Amount4886
New ConstructionYes
Occupancy TypeOwner
OwnershipCondominium
Patio/Porch FeaturesCovered, Patio
Pets AllowedYes
Property ConditionCompleted
Property SubtypeCondominium
Property TypeResidential
RoofConcrete
STELLAR_InLawSuiteYNNo
Security FeaturesFire Sprinkler System, Key Card Entry, Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameDEMARCAY
Tax Annual Amount0
Tax Lot1501
Tax Year2024
Total Rooms10
Unit Number1501
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewCity, Water
Virtual TourClick here
Water Access Y/NNo
Water ViewBay/Harbor - Full, Gulf/Ocean - Partial
Water View Y/NYes
Year Built2024
ZoningDTB
Exterior for 33 S PALM AVENUE 1501
Builder ModelA
Building Area Total3661
Covered Spaces2
Exterior AmenitiesBalcony, Sidewalk, Sliding Doors, Storage
Foundation DetailsPillar/Post/Pier
Lot FeaturesCity Lot, Near Marina, Near Public Transit, Sidewalk
Lot Size Acres0.2
Lot Size Area8712
Parking FeaturesAssigned, Circular Driveway, Covered, On Street, Portico, Valet
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Luis Javier Chacon
Realtor
SQFT • 3,407