33 Palm Avenue S #1501, Sarasota, FL 34236
For Sale $3,750,000
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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.
Eat-in Kitchen
High Ceilings
Open Floorplan
Stone Counters
Thermostat
Walk-In Closet(s)
Tax Year: 2024
Balcony
Sidewalk
Storage
Built-In Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Exhaust Fan
Microwave
Range Hood
Refrigerator
Washer
Wine Refrigerator
City
Water
Gulf/Ocean - Partial
Elementary School: Southside Elementary
Middle School: Booker Middle
Junior High: Booker Middle
High School: Sarasota High
MLS Area: 34236 - Sarasota
Total Square Footage: 3,661
Price per Square Feet: $1,100.68
Total Floors: 18
Water: Public
Construction: Concrete, Stucco
Date Listed: 2025-07-02 00:00:00
Parking: Assigned, Circular Driveway, Covered, On Street, Portico, Valet
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Tile
Roof: Concrete
Heating: Central
Cooling: Central Air
Security: Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Smoke Detector(S)
Laundry: Laundry Room
Pets: Yes
Sewer: Public Sewer
Lot Desc.: City Limits, Near Marina, Near Public Transit, Sidewalk
Parcel ID: 2027057031
Listing Courtesy Of: Premier Sotheby's International Realty
andrew.tanner@premiersir.com
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.
Property Details
Price: $3,750,000
Sq Ft: 3,407
($1,101 per
sqft)
Bedrooms: 3
Bathrooms: 3
Partial Baths: 1
City: Sarasota
County: Sarasota
Type: Condo
Development: Demarcay
Acres: 0.2000
Virtual Tour/Floorplan: View
Year Built: 2024
Listing Number: A4657527
Status Code: A-Active
Tax Year: 2024
Garage:
2
/
Y
Pets Allowed: Yes
Total Recurring Fees: $4,886
Total Recurring Fee Frequency: 0.00
Interior Features:
Eat-in Kitchen
High Ceilings
Open Floorplan
Stone Counters
Thermostat
Walk-In Closet(s)
Financial Information:
Tax Year: 2024
Exterior Features:
Balcony
Sidewalk
Storage
Equipment:
Built-In Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Exhaust Fan
Microwave
Range Hood
Refrigerator
Washer
Wine Refrigerator
View:
City
Water
Gulf/Ocean - Partial
School Information:
Elementary School: Southside Elementary
Middle School: Booker Middle
Junior High: Booker Middle
High School: Sarasota High
Additional Information:
MLS Area: 34236 - Sarasota
Total Square Footage: 3,661
Price per Square Feet: $1,100.68
Total Floors: 18
Water: Public
Construction: Concrete, Stucco
Date Listed: 2025-07-02 00:00:00
Parking: Assigned, Circular Driveway, Covered, On Street, Portico, Valet
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Tile
Roof: Concrete
Heating: Central
Cooling: Central Air
Security: Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Smoke Detector(S)
Laundry: Laundry Room
Pets: Yes
Sewer: Public Sewer
Lot Desc.: City Limits, Near Marina, Near Public Transit, Sidewalk
Parcel ID: 2027057031
Map of 33 Palm Avenue S #1501, Sarasota, FL 34236
Listing Courtesy Of: Premier Sotheby's International Realty
andrew.tanner@premiersir.com