To schedule a showing of 33 S Palm Avenue UNIT #1501, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!
$3,750,000 | 3 beds | 3 full baths | 1 half baths | 3,407 sqft
Sarasota, FL 34236
- 3Beds
- 4.00Total Baths
- 3 Full, 1 HalfBaths
- 3,407SqFt
- 2024Year Built
- 0.20Acres
- MLS# A4657527
- Residential
- Condominium
- Active
- Approx Time on Market11 months, 14 days
- Area34236 - Sarasota
- CountySarasota
- Subdivision Demarcay
Overview
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 chefs 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 Sarasotas 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 Sarasotas most walkable crossroadselevated, effortless and distinctly downtown.
Agriculture / Farm
Association Fees / Info
Community Features: Clubhouse, Fitness, Pool, Sidewalks
Pets Allowed: Yes
Hoa Fees Frequency: Monthly
Association Fee Includes: AssociationManagement, Insurance, MaintenanceStructure, PestControl, Pools, ReserveFund, Sewer, Trash, Water
Hoa Fees: 4886
Bathroom Info
Total Baths: 4.00
Fullbaths: 3
Building Info
Roof: Concrete
Builder: Voeller Construction
Building Area Source: Builder
Buyer Compensation
Exterior Features
Pool Features: Community
Patio: Covered, Patio, Balcony
Exterior Features: Balcony, Storage
Fees / Restrictions
Financial
Original Price: $4,195,000
Disclosures: CovenantsRestrictionsDisclosure
Garage / Parking
Parking Features: Assigned, CircularDriveway, Covered, OnStreet, Valet
Attached Garage: Yes
Garage: Yes
Green / Env Info
Interior Features
Floors: PorcelainTile
Levels: One
Laundry Features: LaundryRoom
Interior Features: EatInKitchen, HighCeilings, OpenFloorplan, StoneCounters, WalkInClosets
Appliances: BuiltInOven, ConvectionOven, Cooktop, Dryer, Dishwasher, ExhaustFan, Disposal, Microwave, Refrigerator, RangeHood, WineRefrigerator, Washer
Lot Info
Direction Remarks: From I75, take the Fruitville Avenue exit headed west. Make a left onto Washington Blvd. Make a right onto Main Street. Make a left onto Palm Ave and the Demarcay will be on the left hand side.
Lot Size Units: Acres
Lot Size Acres: 0.2
Lot Desc: CityLot, NearPublicTransit
Misc
Builder Model: A
Other
Special Conditions: None
Security Features: FireSprinklerSystem, SecuredGarageParking, KeyCardEntry, SmokeDetectors
Other Rooms Info
Property Info
Class Type: Condominium
Property Sub Type: Condominium
Property Condition: NewConstruction
New Construction: Yes
Construction Materials: Concrete, Stucco
Stories: 1
Total Stories: 18
Foundation: PillarPostPier
Human Modified: Yes
Room Info
Total Rooms: 10
Sqft Info
Sqft: 3,407
Bulding Area Sqft: 3,661
Living Area Units: SquareFeet
Living Area Source: Builder
Tax Info
Tax Year: 2,024
Tax Lot: 1501
Tax Legal Description: UNIT 1501, DEMARCAY, CB 50 PG 52-70
Unit Info
Unit: 1501
Utilities / Hvac
Heating: Central
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir
Cooling: Yes
Heating: Yes
Utilities: CableAvailable, ElectricityConnected, NaturalGasConnected, HighSpeedInternetAvailable, SewerConnected, WaterConnected
Waterfront / Water
View: Yes
View: Bay, City, Ocean, Water
Directions
From I75, take the Fruitville Avenue exit headed west. Make a left onto Washington Blvd. Make a right onto Main Street. Make a left onto Palm Ave and the Demarcay will be on the left hand side.This listing courtesy of Premier Sotheby's International Realty
MLS# A4676340 
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MLS IDX data last updated on 06-16-2026 7:58 PM EST.
If you have any questions on 33 S Palm Avenue UNIT #1501, Sarasota, Florida, please call David Shippey at 863-521-4517.
MLS# A4657527 located at 33 S Palm Avenue UNIT #1501, Sarasota, Florida is brought to you by David Shippey REALTOR®
33 S Palm Avenue UNIT #1501, Sarasota, Florida has 3 Beds, 3 Full Bath, and 1 Half Bath.
The MLS Number for 33 S Palm Avenue UNIT #1501, Sarasota, Florida is A4657527.
The price for 33 S Palm Avenue UNIT #1501, Sarasota, Florida is $3,750,000.
The status of 33 S Palm Avenue UNIT #1501, Sarasota, Florida is Active.
The subdivision of 33 S Palm Avenue UNIT #1501, Sarasota, Florida is Demarcay.
The home located at 33 S Palm Avenue UNIT #1501, Sarasota, Florida was built in 2026.