About This Home

This 3-bedroom, 4-bathroom condo at 33 S PALM Avenue #1501 in Sarasota, FL is listed for $3,750,000 ($1,101 per sqft). Built in 2024, the home offers 3,407 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 2024
  • 0.20 acre lot

Property Details

1 story
3 full, 1 half
2-car garage
#1501
2024

Amenities

ViewA/C
Listing Description

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.

Monthly Cost Estimate

$20,056/mo

20% down · 6.5% · 30 years

Principal$2,712
Interest$16,250
Insurance$1,094

Estimates only. Actual payments may vary.

Location

33 S PALM Avenue #1501

Sarasota, FL 34236

DEMARCAY

Features & Amenities

Interior Features

Eat-in KitchenHigh CeilingsOpen FloorplanStone CountersThermostatWalk-In Closet(s)

Exterior Features

BalconySidewalkSliding DoorsStorage

Property Details

Flooring

Tile

Construction

Concrete Stucco

Views

OceanCityWaterHarbor

Outdoor Features

Patio

Parking

CoveredDrivewayOn StreetValetAssigned

Heating

Central

Cooling

Central Air

Appliances

Built-In OvenConvection OvenCooktopDishwasherDisposalDryerExhaust FanMicrowaveRange HoodRefrigeratorWasherWine Refrigerator

Questions & Answers

This 3-bedroom, 4-bathroom condo at 33 S PALM Avenue is listed at $3,750,000 ($1,101/sqft). The estimated monthly payment is $20,056 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2024, 0.20 acre lot. Interior Features: Eat-in Kitchen, High Ceilings, Open Floorplan. Exterior Features: Balcony, Sidewalk, Sliding Doors.

This property is listed by Andrew Tanner.

AT

Andrew Tanner

Agent at Premier Sotheby's International Realty

Listed by Premier Sotheby's International Realty · Broker phone: (239) 403-2227 · View on Broker Site · Broker website

MLS# A4657527· Source: Stellar MLS· 481 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

33 S PALM Avenue #1501, Sarasota, FL 34236

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