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$3,750,000 - 33 S Palm Avenue 1501, SARASOTA

3
Bedrooms
4
Baths
3,407
SQ. Feet
0.2
Acres

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.

Essential Information

  • MLS® #:
    A4657527
  • Price:
    $3,750,000
  • 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

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
  • # 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

  • Days on Market:
    389
  • Zoning:
    DTB

Listing Details

  • Listing Office:
    Premier Sotheby's International Realty

Listing information courtesy of Premier Sotheby's International Realty.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on July 28th, 2026 at 2:07am EDT.