IDX

Listed by Andrew Tanner · Courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY · 941-364-4000 · Agent MLS ID# MFR281532017 · Deemed reliable but not guaranteed. · Listing updated: Nov 5, 2026 · 6:40 PM

Active

33 S PALM AVE #1501

Sarasota, Sarasota, FL, 34236

$3,700,000

$1,086/sqft

3Beds
4Baths
3,407Sq Ft
2024Built
491Days on Market

About this home

Above It All. In the Heart of Downtown Sarasota. At the celebrated intersection of Main Street and Palm Avenue, The DeMarcay offers an exceptional combination of penthouse living, panoramic water views and downtown Sarasota’s most desirable address. From its 15th-floor vantage point, this expansive residence commands sweeping views across the city skyline, Sarasota Bay and Big Pass to the Gulf of Mexico. Below, the best of Sarasota awaits within a few blocks with fine dining, art galleries, designer boutiques, performing arts, live music, the farmers’ market and the waterfront marina. St. Armands Circle and the white sands of Lido Beach are just three miles away, across the iconic Ringling Bridge. Crowning The DeMarcay, the 18th-floor bi-level amenity terrace offers 360-degree views of the city, bay and Gulf. Residents enjoy an owners’ lounge, fitness center, outdoor kitchen and pool terrace with inviting spaces for relaxing, gathering and watching the sunset. The building also provides 24-hour on-site staff and the distinction of being downtown Sarasota’s only condominium offering 24/7 valet parking. Encompassing 3,407 square feet, this bay-facing residence features three private bedroom suites, a separate office or den, powder room and open living and dining areas. High ceilings and expansive windows bring natural light into the interiors and frame the surrounding water and skyline. A private balcony extends the living space outdoors, overlooking Sarasota Bay. The kitchen features imported Italian cabinetry, quartz countertops, a five-burner Miele gas cooktop and integrated Miele appliances. The primary suite includes a spacious bath with Italian designer cabinetry, porcelain undermount sinks, a soaking tub and a large walk-in shower. Rising 18 stories with just 39 private residences, The DeMarcay offers an intimate residential with a distinctive architectural legacy. The restored historic facades of the original DeMarcay Hotel, dating to 1922, and the Roth Cigar Factory, dating to the 1920s, connect this exceptional modern residence to Sarasota’s storied past. The combination of bay and Gulf views, generous living space, 24-hour valet service and a walkable downtown address makes this Penthouse Collection residence a distinctive opportunity in the very center of downtown Sarasota.

Facts & Features

MFRA4657527
$3,700,000
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

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
491
DTB
Southwest
Yes

Mortgage Calculator

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Years
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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.

491 days on market

Listing updated: Nov 5, 2026 · 6:40 PM

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

Updated from Real Estate Market Data

Location

AEAhmed ElbatrawyEmpire Network Realty

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