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33 S Palm Avenue Unit 1501

Sarasota, FL 34236

3 beds
4 baths
3,407 sqft
8,712 sqft lot
$1,231 per sqft
2024 build
– on site

Location! Location! In the heart of downtown Sarasota. Penthouse Collection residence on the 15th floor of the newly built DeMarcay, offering sky-high views of the city, Sarasota Bay, Big Pass and beyond to the Gulf of Mexico. Best location in the city is by the intersection of Main Street and Palm Avenue. Visit art galleries, restaurants, boutiques, theaters, farmers market, city marina, wellness services, live music and all downtown Sarasota amenities. Only three miles over the Ringling Bridge to St. Armands Circle and Lido Beach. DeMarcay stands alone in Sarasota for raising the amenities and pool to such impressive heights. Residents have exclusive access to a state-of-the-art fitness center and club lounge, as well as an outdoor kitchen, sparkling pool and expansive bi-level terrace on the 18th floor, all providing 360-degree vistas of Sarasota’s breathtaking scenery. On the 17th floor bayside, this elegant 3,407-square-foot residence has three private bedroom suites, an office/den, a powder room, an open living area, laundry facilities and a private bayfront balcony. Volume ceilings and large windows maximize views and natural light throughout. The gourmet kitchen showcases imported Italian cabinetry, quartz countertops, a Miele five-burner gas cooktop, and seamlessly integrated Miele appliances. The primary suite offers a spa-inspired en-suite bath featuring designer Italian cabinets, porcelain undermount sinks, an elegant soaking tub and a spacious walk-in shower. Residents enjoy 24/7 access to dedicated on-site staff for personalized services. The DeMarcay is an 18-story boutique condominium community of only 39 residences that uniquely blends modern luxury with Sarasota’s rich history. The development thoughtfully preserves and restores the historic facades of the original DeMarcay Hotel, built in 1922, and the Roth Cigar Factory, which operated from 1923 to 1938. This fusion of historic charm and contemporary design creates a distinctive living experience. Live the good life at DeMarcay — luxurious and casual — so Sarasota. Please note some images are artist renderings representative of the interior finishes and may not exactly match the actual finishes of this residence.

Listing courtesy of STELLAR_MLS / PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last checked: Checking… • Last updated Jul 3, 2025 •

MLS# A4657527 —

The Building

Year Built:

2024
New Construction:

true
Builder Model:

A
Builder Name:

Voeller Construction
Construction Materials:

Concrete
Building Elevator:

true
Levels:

One
Stories Total:

15
Common Walls:

Corner Unit
Roof:

Concrete
Foundation Details:

Pillar/Post/Pier
Floor Number:

15+
Unit Number:

1501
Building Area Total:

3661
Building Area Units:

Square Feet
Building Area Source:

Builder

Interior

Interior Features:

Eating Space In Kitchen
Flooring:

Tile
Additional Rooms:

Den/Library/Office
Fireplace:

false

Room Dimensions

Living Area:

3407
Living Area Units:

Square Feet
Living Area Source:

Builder

Location

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.
Latitude:

27.335267
Longitude:

-82.542813
Coordinates:

-82.542813, 27.335267

The Property

Parcel Number:

2027057031
Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Completed
Lot Features:

City Lot
Lot Size Acres:

0.2
Lot Size Area:

8712
Lot Size Units:

Square Feet
Zoning:

DTB
Direction Faces:

Southwest
View:

City
View:

true
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Flood Zone Panel:

12115C0133G
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

1501
Tax Legal Description:

UNIT 1501, DEMARCAY, CB 50 PG 52-70

Beds

Bedrooms Total:

3

Baths

Total Baths:

3.5
Total Baths:

4
Full Baths:

3
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://iplayerhd.com/player/video/240480ec-79fe-407a-8140-6dbeec1af99f
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Built-In Oven
Laundry Features:

Laundry Room

Schools

Elementary School:

Southside Elementary
Middle Or Junior School:

Booker Middle
High School:

Sarasota High

The Community

Subdivision Name:

DEMARCAY
Senior Community:

false
Community Features:

Clubhouse
Waterview:

Bay/Harbor - Full
Waterview:

true
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Yes
# of Pets:

2
Association:

false
Association Fee Includes:

Community Pool
Condo Fees:

4479
Condo Fees Term:

Monthly
Monthly Condo Fee Amount:

4479
Ownership:

Condominium
Association Approval Required:

true

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2
Open Parking:

true
Parking Features:

Assigned

Monthly cost estimate

Asking price

$4,195,000

Expense	Monthly cost
Mortgage	$22,462
Taxes	N/A
Insurance	$1,153
Utilities	$143 See report
Total	$23,758/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Transit Score®

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Soundscore™

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price
7/2/25 Jul 2, 2025	Listed / Active	STELLAR_MLS	$4,195,000
5/12/25 May 12, 2025	Listed / Active	STELLAR_MLS
11/1/24 Nov 1, 2024	Price Changed	STELLAR_MLS

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This condo located in Downtown Sarasota, Sarasota, FL 34236 is currently for sale for $4,195,000. 33 S Palm Avenue Unit 1501 is a 3,407 square foot condo with 3 beds and 4 baths that has been on Estately for 2 days. 33 S Palm Avenue Unit 1501 is in the Downtown Sarasota neighborhood of Sarasota and has a WalkScore® of 97, making it a walker’s paradise. This condo is in the attendance area of Southside Elementary School, Sarasota High School, and Booker Middle School.

Listing Courtesy of: STELLAR_MLS and PREMIER SOTHEBY'S INTERNATIONAL REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.