33 South Palm Avenue #1501 Sarasota, FL 34236

$3,750,000
3
Beds
3.5
Baths
0.20
Acres
3,407
SQFT
1101
$/SQFT
$3,750,000
3
Beds
3.5
Baths
3,407   sf
$1101 / sf
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1/55
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Sarasota
  • Area
    34236 - Sarasota
  • Status
    Active
  • Listing #
    A4657527
  • Built
    2024
  • Lot Size
    0.20
  • Listed on site
    383 days

Listed by:
Premier Sotheby's International Realty

Source:
StellarMLS

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School Info

Property details

Community Features

  • Community Pool
  • Community Fitness Room
  • No HOA
  • Rental Restrictions - 3 Months

Property Features

  • New Construction
  • Gas Utilities
  • Sewer
  • Pets Allowed
  • Has Virtual Tour

View

  • Water view
  • City view
  • Bay - Full
  • Gulf - Partial

Exterior features

  • Balcony
  • Has garage
  • Garage Attached
  • No Pool
  • Patio
  • Storage Buildings
  • Parking
  • Parking Covered
  • Stucco

Interior Features

  • Central Air Conditioning
  • Granite Counters
  • Walk-In Closet
  • Laundry Hookup
  • Tile - Floors
  • Washer Dryer In Unit

Style

  • 2nd+ Floor Unit

Financing

  • Cash
  • Conventional Financing
  • None

Property History

DateDays AgoEventNew Price
Mar 17, 20264 mos agoPrice decreased200,000 (5%)$3,750,000
Nov 24, 20258 mos agoPrice decreased245,000 (6%)$3,950,000
Jul 2, 20251 yr agoNew on market$4,195,000
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