33 S Palm Avenue Unit 1501, Sarasota, FL 34236

$3,750,000
3
BD
4
BA
3,407
SqFt

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List Price
$3,750,000
Status
Active
Days on Market
390
Price Change
▼ $200,000 1773779475
MLS#
A4657527
Property Style
Condo
New Construction
Yes
Year Built
2024
Bedrooms
3
Bathrooms
4
Baths Half
1
Living Area
3,407
Acres
0.20
Building Name
Demarcay
Monthly Condo Fee
4886
Legal Subdivision Name
Demarcay
MLS Area Major
Sarasota

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

Minimum Lease
3 Months
Maintenance Includes
Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Management, Pest Control, Sewer, Trash, Water
Condo Fees
$4886
Condo Fees Term
Monthly
Location
City Limits, Near Marina, Near Public Transit, Sidewalk
Community Features
Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
Property Description
One Story
Zoning
DTB
Interior Layout
Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
Interior Features
Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
Floor
Tile
Appliances
Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete, Stucco
Exterior Features
Balcony, Sidewalk, Sliding Doors, Storage
Roof
Concrete
Foundation
Pillar/Post/Pier
Pool
Community
Garage Carport
2 Car Garage
Garage Spaces
2
Garage Features
Assigned, Circular Driveway, Covered, On Street, Portico, Valet
Elementary School
Southside Elementary
Middle School
Booker Middle
High School
Sarasota High
Water View
Bay/Harbor - Full, Gulf/Ocean - Partial
Pets
Allowed
Flood Zone Code
AE
Parcel ID
2027057031
Legal Description
UNIT 1501, DEMARCAY, CB 50 PG 52-70

Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY. 941-364-4000

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