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$4,195,000 - 33 South Palm Avenue 1501, SARASOTA

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

Location! Location! In the heart of downtown Sarasota. Penthouse Collection residence on the 15th floor of the newly built DeMarcay, offering sky-high views of the city, Sarasota Bay, Big Pass and beyond to the Gulf of Mexico. Best location in the city is by the intersection of Main Street and Palm Avenue. Visit art galleries, restaurants, boutiques, theaters, farmers market, city marina, wellness services, live music and all downtown Sarasota amenities. Only three miles over the Ringling Bridge to St. Armands Circle and Lido Beach. DeMarcay stands alone in Sarasota for raising the amenities and pool to such impressive heights. Residents have exclusive access to a state-of-the-art fitness center and club lounge, as well as an outdoor kitchen, sparkling pool and expansive bi-level terrace on the 18th floor, all providing 360-degree vistas of Sarasota’s breathtaking scenery. On the 17th floor bayside, this elegant 3,407-square-foot residence has three private bedroom suites, an office/den, a powder room, an open living area, laundry facilities and a private bayfront balcony. Volume ceilings and large windows maximize views and natural light throughout. The gourmet kitchen showcases imported Italian cabinetry, quartz countertops, a Miele five-burner gas cooktop, and seamlessly integrated Miele appliances. The primary suite offers a spa-inspired en-suite bath featuring designer Italian cabinets, porcelain undermount sinks, an elegant soaking tub and a spacious walk-in shower. Residents enjoy 24/7 access to dedicated on-site staff for personalized services. The DeMarcay is an 18-story boutique condominium community of only 39 residences that uniquely blends modern luxury with Sarasota’s rich history. The development thoughtfully preserves and restores the historic facades of the original DeMarcay Hotel, built in 1922, and the Roth Cigar Factory, which operated from 1923 to 1938. This fusion of historic charm and contemporary design creates a distinctive living experience. Live the good life at DeMarcay — luxurious and casual — so Sarasota. Please note some images are artist renderings representative of the interior finishes and may not exactly match the actual finishes of this residence.

Essential Information

  • MLS® #:
    A4657527
  • Price:
    $4,195,000
  • 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 South Palm Avenue 1501
  • Area:
    Sarasota
  • Subdivision:
    DEMARCAY
  • City:
    SARASOTA
  • County:
    Sarasota
  • State:
    FL
  • Zip Code:
    34236

Amenities

  • Parking:
    Assigned, Circular Driveway, Covered, On Street, Portico, Valet
  • # of Garages:
    2
  • View:
    City, Water

Interior

  • Interior Features:
    Eat-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, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Heating:
    Central
  • Cooling:
    Central Air
  • # of Stories:
    15

Exterior

  • Exterior Features:
    Balcony, Sidewalk, Sliding Doors, Storage
  • Lot Description:
    City Limits, 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:
    11
  • 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 13th, 2025 at 4:48am EDT.