33 S PALM AVENUE UNIT 1501, Sarasota, Sarasota, Residential

33 S PALM AVENUE UNIT 1501

MLS# A4657527489 days on marketUpdated November 3, 2026 5:02 pm

$ 1,101 / sqft

$ 3,750,000

Reduced from $ 4,195,000

Overview

UpdatedNovember 3, 2026 5:02 pm
MLS #A4657527
Bedrooms3
Bathrooms3.5
Size3,407 ft²
Year Built2024
Garage2

Description

Above It All. In the Heart of Downtown Sarasota. At the celebrated intersection of Main Street and Palm Avenue, The DeMarcay offers an exceptional combination of penthouse living, panoramic water views and downtown Sarasota’s most desirable address.

From its 15th-floor vantage point, this expansive residence commands sweeping views across the city skyline, Sarasota Bay and Big Pass to the Gulf of Mexico. Below, the best of Sarasota awaits within a few blocks with fine dining, art galleries, designer boutiques, performing arts, live music, the farmers’ market and the waterfront marina. St. Armands Circle and the white sands of Lido Beach are just three miles away, across the iconic Ringling Bridge.

Crowning The DeMarcay, the 18th-floor bi-level amenity terrace offers 360-degree views of the city, bay and Gulf. Residents enjoy an owners’ lounge, fitness center, outdoor kitchen and pool terrace with inviting spaces for relaxing, gathering and watching the sunset. The building also provides 24-hour on-site staff and the distinction of being downtown Sarasota’s only condominium offering 24/7 valet parking.

Encompassing 3,407 square feet, this bay-facing residence features three private bedroom suites, a separate office or den, powder room and open living and dining areas. High ceilings and expansive windows bring natural light into the interiors and frame the surrounding water and skyline. A private balcony extends the living space outdoors, overlooking Sarasota Bay.

The kitchen features imported Italian cabinetry, quartz countertops, a five-burner Miele gas cooktop and integrated Miele appliances. The primary suite includes a spacious bath with Italian designer cabinetry, porcelain undermount sinks, a soaking tub and a large walk-in shower. Rising 18 stories with just 39 private residences, The DeMarcay offers an intimate residential with a distinctive architectural legacy.

The restored historic facades of the original DeMarcay Hotel, dating to 1922, and the Roth Cigar Factory, dating to the 1920s, connect this exceptional modern residence to Sarasota’s storied past. The combination of bay and Gulf views, generous living space, 24-hour valet service and a walkable downtown address makes this Penthouse Collection residence a distinctive opportunity in the very center of downtown Sarasota.

Virtual Tour

Address

Interior

  • AppliancesBuilt-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Bathrooms Full3
  • Bathrooms Half1
  • Bathrooms Total Integer4
  • Bedrooms Total3
  • CoolingCentral Air
  • CoolingYes
  • FlooringPorcelain Tile
  • HeatingCentral
  • HeatingYes
  • Interior FeaturesEating Space In Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
  • Laundry FeaturesLaundry Room
  • LevelsOne
  • Living Area3,407
  • Living Area SourceBuilder
  • Living Area UnitsSquare Feet
  • Rooms Total10
  • Security FeaturesFire Sprinkler System, Key Card Entry, Smoke Detector(s)

Exterior

  • Attached GarageYes
  • Covered Spaces2
  • Direction FacesSouthwest
  • Exterior FeaturesBalcony, Sidewalk, Sliding Doors, Storage
  • Garage Spaces2
  • GarageYes
  • Lot FeaturesCity Lot, Near Marina, Near Public Transit, Sidewalk
  • Lot Size Acres0
  • Lot Size Area8,712
  • Lot Size UnitsSquare Feet
  • Open ParkingYes
  • Parking FeaturesAssigned, Circular Driveway, Covered, On Street, Portico, Valet
  • Patio And Porch FeaturesCovered, Patio
  • Road Surface TypeAsphalt
  • RoofConcrete
  • ViewCity, Water

Structure

  • Builder ModelA
  • Builder NameVoeller Construction
  • Building Area Total3,661
  • Common WallsCorner Unit
  • Construction MaterialsConcrete, Stucco
  • Foundation DetailsPillar/Post/Pier
  • New ConstructionYes
  • Property ConditionCompleted
  • Stories Total18
  • Year Built2024

Utilities

  • SewerPublic Sewer
  • UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water SourcePublic

Financial

  • Association Fee IncludesCommunity Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Parcel Number2027057031
  • Pets AllowedYes
  • Tax Annual Amount0
  • Tax Legal DescriptionUNIT 1501, DEMARCAY, CB 50 PG 52-70
  • Tax Lot1501
  • Tax Year2024
  • ZoningDTB

Schools

  • Elementary SchoolSouthside Elementary
  • High SchoolSarasota High
  • Middle Or Junior SchoolBooker Middle

Location

  • Community FeaturesClubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
  • CountryUnited States
  • County Or ParishSarasota
  • 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.
  • Latitude27
  • Longitude-83
  • MLS Area Major34236 - Sarasota
  • Postal Code34236
  • Postal Code Plus45610
  • Street Direction PrefixS
  • Street NamePALM
  • Street Number33
  • Street Number Numeric33
  • Street SuffixAVENUE
  • Subdivision NameDEMARCAY
  • Unit Number1501
  • Unparsed Address33 S PALM AVENUE UNIT 1501

Features & Amenities

Mortgage Calculator

Estimated monthly payment—
  • Principal & interest
  • Property tax
  • Home insurance
  • PMI
  • HOA dues

Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.

Similar Listings

ATAndrew Tanner

Select a day

Free tour, no obligation — cancel anytime.