33 S Palm Avenue #1501, Sarasota, FL 34236 (MLS # A4657527)

PRICE $3,750,000 dsIDX morgage calculator
BEDS 3
BATHS 4
HOME SIZE 3,407 sqft
LOT SIZE 8,712 sqft

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.

DAYS ON MARKET 337 LAST UPDATED 3/17/2026
TRACT DEMARCAY YEAR BUILT 2024
COMMUNITY 34236 - Sarasota GARAGE SPACES 2.0
COUNTY Sarasota STATUS Active
PROPERTY TYPE(S) Condo/Townhouse/Co-Op

SCHOOLS
Elementary School Southside Elementary
Jr. High School Booker Middle
High School Sarasota High

PRICE HISTORY
Prior to Nov 24, '25 $4,195,000
Nov 24, '25 - Mar 17, '26 $3,950,000
Mar 17, '26 - Today $3,750,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AMENITIES Insurance, Maintenance Structure, Pest Control, Sewer, Trash, Water
APPLIANCES Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
AREA 34236 - Sarasota
CONSTRUCTION Concrete, Stucco
EXTERIOR Balcony, Storage
GARAGE Yes
HEAT Central
INTERIOR Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Stone Counters, Walk-In Closet(s)
LOT 8712 sq ft
LOT DESCRIPTION Near Public Transit
PARKING Assigned, Circular Driveway, Covered, On Street, Valet, Attached
SEWER Public Sewer
STORIES 1
SUBDIVISION DEMARCAY
UTILITIES Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Water, City
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 33 S PALM AVENUE #1501
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Listing provided by Andrew Tanner, PREMIER SOTHEBY'S INTERNATIONAL REALTY, 941-364-4000
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 6/4/26 12:36 AM PDT.

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