33 PALM AVENUE #1501

Property Details

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.

Facts & Costs

Property type

Condominium

Year built

2024

Lot size

0.2 acres

Stories

18

Garage

2 spaces

Half baths

1

Price per sq ft

$1,101

Days on market

456

Private pool

No

Waterfront

No

Subdivision

DEMARCAY

County

Sarasota

New construction

Yes

Builder

Voeller Construction

Flood zone

AE

Construction & systems

Heating

Central

Cooling

Central Air

Flooring

Tile

Roof

Concrete

Construction

Concrete, Stucco

Parking

Assigned, Circular Driveway, Covered, On Street, Portico, Valet

View

City, Water, Gulf/Ocean - Partial

Payment Estimate

$18,962 / month

Principal & interest

$18,962

Property taxes

not reported

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Built-In Oven
• Convection Oven
• Cooktop
• Dishwasher
• Disposal
• Dryer
• Exhaust Fan
• Microwave
• Range Hood
• Refrigerator
• Washer
• Wine Refrigerator
• Eat-in Kitchen
• High Ceilings
• Open Floorplan
• Stone Counters
• Thermostat
• Walk-In Closet(s)
• Balcony
• Sidewalk
• Sliding Doors
• Storage