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Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY

Status: Active

33 S Palm Ave #1501 
Sarasota, FL 34236

$4,195,000

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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 by the intersection of Main Street and Palm Avenue. Walk to 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. Located on the 15th 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 ensuite 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 that some images are artist renderings representative of the interior finishes and may not exactly match the actual finishes of this residence.
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Bedrooms
3
Baths
3.5
House Size
3,407 sqft
Year Built
2024
Lot Size
0.2 ac

Location

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Interior Information

appliances
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Exhaust Fan
Microwave
Range Hood
Refrigerator
Washer
Wine Refrigerator
cooling
Central Air
features
Elevator
Eat-in Kitchen
High Ceilings
Open Floorplan
Stone Counters
Walk-in Closet(s)
flooring
Tile
heating
Central
laundry features
Laundry Room
view
Water
City

Exterior Information

features
Balcony
Storage
patio and porch
Covered
Patio
road surface
Asphalt
roof
Concrete

Property Information

builder name
Voeller Construction
community
Clubhouse
Fitness Center
Pool
Sidewalks
construction
Concrete
Stucco
foundation
Pillar/post/pier
hoa includes
Insurance
Maintenance Structure
Pest Control
Sewer
Trash
Water
lot
Near Public Transit
parking
Assigned
Circular Driveway
Covered
On Street
Valet
Attached
security features
Fire Sprinkler System
Key Card Entry
Secured Garage/parking
Smoke Detector(s)
sewer
Public Sewer
subdivision name
Demarcay
utilities
Natural Gas Available
Cable Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
water source
Public
  • Listed By Andrew Tanner
  • (941) 364-4000
  • PREMIER SOTHEBY'S INTERNATIONAL REALTY
  • (941) 364-4000
  • terrence.cook@premiersir.com
  • MLS A4657527

Monthly Payments Calculator

Estimated Monthly Cost

$25,898

30 year fixed·6.9% interest rate
Principal & Interest
$22,103
Property Taxes
$3,496
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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