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3 Beds
4 Baths
3,407 sqft

$3,750,000

33 S Palm Avenue , 1501, Sarasota FL, 34236

Price per sqft$1,100.68
Built in2024
Property size3,407 sqft
Property typeCondominium

Overview

Active

Listed Jul 2, 2025

Updated 14h ago

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.

$24,949/mo

Est. mortgage payment based on a $3,750,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A4657527
Available since
July 2, 2025

Interior Features

Bedrooms
3
Bathrooms
4
Basement
No

Exterior Features

Lot Size
0.2 Acres

Other Property Details

Garage
Yes

 Courtesy of Andrew Tanner | Premier Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 11/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 6:21 AM UTC, 11/4/2026

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