33 S PALM AVENUE
SARASOTA, FL, 34236
Price$3,950,000
Beds3
Baths4
SqFt3,407
Baths4
SqFt3,407
Status:Active
Property Type:Residential
School:
Property Type:Residential
School:
$50,000 CREDIT AT CLOSING TOWARD BLINDS AND CLOSET BUILD-OUTS.
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.
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.
| Price | $3,950,000 | |
| Bedrooms | 3 | |
| Full Baths | 3 | |
| Half Baths | 1 | |
| Total Baths | 4 | |
| Lot Size Area | 8712 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.2 | |
| Property Type | Residential | |
| Sub type | Condominium | |
| MLS Sub type | Condominium | |
| Features | Eating Space In Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s) | |
| Exterior Features | Balcony, Sidewalk, Sliding Doors, Storage | |
| Year Built | 2024 | |
| Subdivision | DEMARCAY | |
| View | City, Water | |
| Roof | Concrete | |
| Heating | Central | |
| Foundation | Pillar/Post/Pier | |
| Lot Description | City Lot, Near Marina, Near Public Transit, Sidewalk | |
| Laundry Features | Laundry Room | |
| Parking Description | Assigned, Circular Driveway, Covered, On Street, Portico, Valet | |
| Garage spaces | 2 | |
| Association Name | Edward Bustamante | |
| Directions | From 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. | |
| County | Sarasota | |
| Latitude | 27.335267 | |
| Longitude | -82.542813 | |
| Market Area | 34236 – Sarasota | |
| Address | 33 S PALM AVENUE #1501, SARASOTA, FL 34236 | |
| Unit | 1501 | |
| Postal Code | 34236 | |
| City | SARASOTA | |
| State | FL | |
| Country | United States | |
| Listing Office | PREMIER SOTHEBY’S INTERNATIONAL REALTY | |
| Listing Office Phone | 941-364-4000 | |
| Listing Agent | Andrew Tanner | |
| Listing Agent Phone | 941-539-0998 | |
| Virtual Tour U R L Unbranded2 | https://iplayerhd.com/player/video/32e836b4-23e9-406f-8ec6-f821a3ca5454 | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Ownership | Condominium | |
| Terms | Cash, Conventional | |
| Virtual Tour URL | https://app.cloudpano.com/tours/VfRxOHXcui3-W?mls=1 | |
| Elementary School | Southside Elementary | |
| Middle School | Booker Middle | |
| High School | Sarasota High | |
| Days on market | 236 | |
| MLS Status | Active | |
| Listing Date | Jul 2, 2025 | |
| Listing Last Modified | Feb 23, 2026 | |
| Tax ID | 2027057031 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 0 | |
| MLS Area | 34236 – Sarasota | |
| MLS # | A4657527 | |
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