33 S Palm Avenue Unit 1501, Sarasota, FL 34236
- $3,750,000
- 3
- BD
- 4
- BA
- 3,407
- SqFt
- List Price
- $3,750,000
- Price Change
- ▼ $200,000 1773779475
- Year Built
- 2024
- Beds
- 3
- County
- Sarasota
- Subdivision
- Demarcay
Property 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.
Additional Information
- City
- Sarasota
- Region
- Sarasota
- Zip
- 34236
- Mo Subdivision
- Gillespie Place, Downtown Sarasota
- Neighborhood
- Gillespie Place, Downtown Sarasota
- Subdivision
- Demarcay
- Area
- 3407
- Water Frontage
- Bay View, Bay Front, Beach View, Beach Access
- Community Extras
- Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
- Garage Spaces
- 2
- Property Description
- One Story
- Exterior Construction
- Concrete, Stucco
- Elementary School
- Southside Elementary
- Middle School
- Booker Middle
- High School
- Sarasota High
- Located Near
- City Limits, Near Marina, Near Public Transit, Sidewalk
- Pool Type
- Community
- Pets Allowed
- Yes
- Water View
- Yes
- Water View
- Bay/Harbor - Full, Gulf/Ocean - Partial
- Property Style
- Condo
- Special Sale Provision
- None
- Garage Description
- 2 Car Garage
- Property Condition
- Completed
- Additional Rooms
- Den/Library/Office
- Minimum Lease
- 3 Months
- Interior Features
- Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
- Interior Layout
- Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
- Community Features
- Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
- Flood Zone
- AE
- Flood Zone
- Yes
- Deed Restriction
- Yes
- New Construction
- Yes
- Financing Available
- Cash, Conventional
- Condo Fee
- $4886
- Heated Square Feet
- 3407
- Acres
- 0.20
- Stories
- 18
- Exterior Features
- Balcony, Sidewalk, Sliding Doors, Storage
- Community Pool
- Yes
- Parking Description
- Assigned, Circular Driveway, Covered, On Street, Portico, Valet
- Floor Covering
- Tile
- HOA Fee Required
- Yes
- Monthly Condo Fee
- 4886
- Pp Sqft
- 1100.68
- Levels
- One
- Occupant Type
- Owner
- Subtype
- Condo
- Builder Name
- Voeller Construction
- Roof
- Concrete
- Property Subtype
- Residential
- Pool
- Yes
- View
- City, Water, Gulf/Ocean - Partial
- Sewer
- Public Sewer
- Water Source
- Public
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY. 941-364-4000
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