IDX

Listed by Andrew Tanner · Courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY · Agent MLS ID# MFR281532017 · Deemed reliable but not guaranteed. · Listing updated: Aug 7, 2026 · 10:05 PM

33 S PALM AVE #1501

Sarasota, Sarasota, FL, 34236

Active

$3,750,000

$1101/sqft

3Beds
4Baths
3,407Sq Ft
2024Built
401Days on Market

About this home

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.

Facts & Features

MFRA4657527
$3,750,000
Active
3
4
3
1
3,407 sqft
0.2000
2024
Residential
Condominium
N/A

Community Information

33 S PALM AVE #1501
Demarcay
Sarasota
Sarasota
FL
34236
No

Amenities

N/A
N/A
No
No
No

Interior

High Ceilings, Open Floorplan, Walk-In Closet(s), Eat-in Kitchen, Stone Counters, Thermostat
Central
Central Air
Tile
N/A
18
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Convection Oven, Range Hood, Exhaust Fan, Wine Refrigerator

Exterior

Sliding Doors, Storage, Sidewalk, Balcony
Stucco, Concrete
Pillar/Post/Pier
Concrete
N/A
City Limits, Near Public Transit, Sidewalk, Near Marina

School Information

Southside Elementary
Booker Middle
Sarasota High

Additional Information

July 2, 2025
401
DTB
Southwest
Yes

Mortgage Calculator

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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. PREMIER SOTHEBY'S INTERNATIONAL REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

401 days on market

Listing updated: Aug 7, 2026 · 10:05 PM

Listed by: Andrew Tanner · 941-539-0998—PREMIER SOTHEBY'S INTERNATIONAL REALTY · 941-364-4000

Updated from Real Estate Market Data

Location

Ahmed ElbatrawyAhmed ElbatrawyEmpire Network Realty

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