33 S Palm Ave Unit 1601 Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated payment $31,331/month
Highlights
- Valet Parking
- White Water Ocean Views
- Property is near a marina
- Southside Elementary School Rated A
- Fitness Center
- 3-minute walk to Five Points Park
About This Home
Penthouse Collection residence on the 16th floor of the newly-built DeMarcay, offering
sky-high views of the city, Sarasota Bay, Big Pass, and beyond to the Gulf. 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, providing 360-degree vistas of Sarasota’s breathtaking scenery.
Located on the 16th 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!
Listing Agent
PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3437759 Listed on: 07/17/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 2024 | New Construction
HOA Fees
- $4,479 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Portico
- Circular Driveway
- Secured Garage or Parking
- On-Street Parking
Property Views
- White Water Ocean
- Partial Bay or Harbor
- City
Home Design
- Entry on the 15th floor
- Pillar, Post or Pier Foundation
- Concrete Roof
- Concrete Siding
- Stucco
Interior Spaces
- 3,407 Sq Ft Home
- Open Floorplan
- High Ceiling
- Sliding Doors
- Entrance Foyer
- Living Room
- Dining Room
- Home Office
- Tile Flooring
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Built-In Convection Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Cooking Island
- Stone Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- Private Water Closet
- Garden Bath
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Property is near a marina
- Balcony
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Thermostat
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Southwest Facing Home
- Property is near public transit
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 1601
- Assessor Parcel Number 2027057034
Community Details
Overview
- Association fees include pool, escrow reserves fund, insurance, maintenance structure, management, pest control, recreational facilities, sewer, trash, water
- Edward Bustamante Association, Phone Number (866) 378-1099
- Built by Voeller Construction
- Demarcay Subdivision
- 18-Story Property
Amenities
- Valet Parking
- Clubhouse
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
- 2 Pets Allowed
Security
- Card or Code Access
- Fire and Smoke Detector
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | -- | -- | -- |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | For Sale | $4,300,000 | -- | $1,262 / Sq Ft |
Source: Stellar MLS
MLS Number: A4659041
APN: 2027-05-7034
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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