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$4,300,000 - 33 South Palm Avenue 1601, SARASOTA

3
Bedrooms
4
Baths
3,407
SQ. Feet
2024
Year Built

$50,000 CREDIT TOWARD BLINDS AND CLOSET BUILD-OUTS. Penthouse Collection residence on the 16th floor of the newly built DeMarcay, capturing commanding vistas over downtown Sarasota, Sarasota Bay, Big Pass and the Gulf. Perfectly positioned at the corner of Main Street and Palm Avenue, this address places art galleries, acclaimed dining, boutiques, theaters, the farmers’ market, the city marina, wellness studios and live music within an easy stroll. Plus, St. Armands Circle and Lido Beach are just three miles across the Ringling Bridge. DeMarcay sets a new benchmark for downtown living with elevated, resort-inspired amenities crowned by an 18th-floor bi-level terrace with 360-degree views. Residents enjoy a state-of-the-art fitness center, club lounge, outdoor kitchen, and a spectacular pool terrace designed for sunset lounging and entertaining, supported by dedicated on-site staff available 24/7 for personalized service. Bayside on the 16th floor, this elegant 3,407-square-foot residence offers three private bedroom suites, a separate office/den, powder room, open-concept living, laundry facilities, and a private bayfront balcony. Volume ceilings and expansive glass invite natural light and frame the skyline and water views throughout. The gourmet kitchen features imported Italian cabinetry, quartz countertops, a Miele five-burner gas cooktop, and integrated Miele appliances. The primary suite is a true retreat with a spa-inspired bath showcasing designer Italian cabinetry, porcelain undermount sinks, a soaking tub and a spacious walk-in shower. To personalize the home to your exact preferences, a $50,000 credit is being offered toward blinds and custom closet build-outs. An 18-story boutique condominium of only 39 residences, DeMarcay uniquely weaves modern architecture with Sarasota history, thoughtfully preserving and restoring the iconic facades of the original DeMarcay Hotel (1922) and the Roth Cigar Factory (1923–1938). A rare opportunity to live above it all: At the city’s most walkable crossroads surrounded by water, culture and coastal ease.

Essential Information

  • MLS® #:
    A4659041
  • Price:
    $4,300,000
  • Bedrooms:
    3
  • Bathrooms:
    4.00
  • Full Baths:
    3
  • Half Baths:
    1
  • Square Footage:
    3,407
  • Acres:
    0.00
  • Year Built:
    2024
  • Type:
    Residential
  • Sub-Type:
    Condominium
  • Status:
    Active

Community Information

  • Address:
    33 South Palm Avenue 1601
  • Area:
    Sarasota
  • Subdivision:
    DEMARCAY
  • City:
    SARASOTA
  • County:
    Sarasota
  • State:
    FL
  • Zip Code:
    34236

Amenities

  • Parking:
    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, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Heating:
    Central
  • Cooling:
    Central Air
  • # of Stories:
    18

Exterior

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

Additional Information

  • Days on Market:
    210
  • 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 February 12th, 2026 at 11:18pm EST.