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33 S PALM AVENUE 1501
SARASOTA FL 34236 US

$3,950,000

Active Listing ID A4657527
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3 bed
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4.00 Bath (3 Full , 1 Half)
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Lot: 0.20 Acres
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Condominium

$3,950,000

Active Listing ID A4657527
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33 S PALM AVENUE 1501 $50, 000 CREDIT AT CLOSING TOWARD BLINDS AND CLOSET BUILD-OUTS. 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. 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.

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Property Features

  • Facts
  • Lot Size: 0.20 Acres
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 3
  • 1/2 Bathrooms: 1
  • Cooling System: Central Air
  • Exterior Finish: Balcony, Sidewalk, Sliding Doors, Storage
  • Floor Covering: Tile
  • Roof Type: Concrete
  • Heating Fuels: Central

School Information

  • School
  • Southside Elementary(Elementary)
  • Booker Middle(MiddleSchool)
  • Sarasota High(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 3950000
  • unparsedaddress: 33 S PALM AVENUE
  • unitnumber: 1501
  • postalcity: SARASOTA
  • stateorprovince: FL
  • country: US
  • postalcode: 34236
  • bathroomsfull: 3
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2
  • lotsizeunits: Acres
  • lotsizearea: 0.2
  • livingarea: 3407
  • livingareaunits: Square Feet
  • latitude: 27.335267
  • longitude: -82.542813
  • listagentfullname: Andrew Tanner
  • listagentemail: Andrew.Tanner@premiersir.com
  • listagentkey: 3yd-MFRMLSFL-281532017
  • listagentmlsid: 281532017
  • listagentpreferredphone: 9415390998
  • listagentofficephone: 9413644000
  • listofficekey: 3yd-MFRMLSFL-281519790
  • listagentstatelicense: 3437759
  • listofficemlsid: 281519790
  • disclaimer: 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.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 2024
  • listingcontractdate: 2025-07-02
  • listagenturl: http://www.premierothebysrealty.com
  • buildername: Voeller Construction
  • countyorparish: Sarasota
  • parcelnumber: 2027057031
  • elementaryschool: Southside Elementary
  • highschool: Sarasota High
  • appliances: Cooktop, Dishwasher, Dryer, Garbage Disposer, Microwave, Oven - Convection, Range, Refrigerator, Refrigerator - Wine Storage, Washer
  • cooling: Central Air
  • constructionmaterials: Concrete, Stucco
  • flooring: Tile
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Assigned, Covered, Driveway, Garage, Garage - Attached, On Street, Valet
  • roof: Concrete
  • waterfrontyn: False
  • franchiseaffiliation: Sotheby's International Realty
  • interiorfeatures: Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-in Closet(s)
  • exteriorfeatures: Balcony, Sidewalk, Sliding Doors, Storage
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Laundry, Living Room, Office
  • securityfeatures: Fire Sprinkler System, Smoke Detector(s)
  • otherstructures: Storage
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.542816, 27.335266
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Premier Sotheby's International Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Andrew.Tanner@premiersir.com", "ListBrokerageCity":"Naples", "ListBrokerageCountry":"US", "ListBrokerageEmail":"melissa.morehouse@sothebysrealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MFRMLSFL/ed64c0913c4411dfa7dd00219b994c72/20150904185939512.png", "ListBrokerageName":"Premier Sotheby's International Realty", "ListBrokeragePhone":"(239) 403-2227", "ListBrokeragePostalCode":"34103", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 350", "ListBrokerageUnparsedAddress":"4001 Tamaimi Trail N.", "ListBrokerageWebsiteUrl":"http://www.premierothebysrealty.com", "ListOfficeAddress1":"50 Central Ave Suite 110", "ListOfficeAddress2":"The Plaza At Five Points", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Sarasota", "ListOfficeCountry":"US", "ListOfficeEmail":"terrence.cook@premiersir.com", "ListOfficePostalCode":"34236", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Condominium - SARASOTA, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/33-S-Palm-Ave-Unit-1501_Sarasota_FL_34236_M61539-08089?f=listhub&s=MFRMLSFL&m=A4657527&c=rexren", "MLSModificationTimestamp":"2026-01-09T12:01:23Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Condominium", "RawPropertyType":"Residential", "RoomCount":10, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/9/2026 7:06:33 PM GMT
Source Updated Date: 1/14/2026 12:42:26 PM GMT

Courtesy of: Andrew Tanner, PREMIER SOTHEBY'S INTERNATIONAL REALTY, Andrew.Tanner@premiersir.com

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.