33 S Palm Ave Unit 1702 Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated payment $12,451/month
Highlights
- Valet Parking
- White Water Ocean Views
- Fitness Center
- Southside Elementary School Rated A
- Access to Bay or Harbor
- 3-minute walk to Five Points Park
About This Home
Experience the pinnacle of modern elegance in this brand-new, never-lived-in penthouse at The DeMarcay—located in the heart of downtown on Palm Avenue, just steps from Sarasota’s finest dining, art galleries, and boutiques. Perched high on the 17th floor, this two-bedroom, two-bath residence captivates with panoramic views of Sarasota Bay, the Ringling Bridge, and the downtown skyline. Expansive windows and 14-foot ceilings fill the open-concept living space with natural light, creating a seamless connection between indoor luxury and breathtaking scenery. The designer kitchen is a culinary showcase, featuring Italian cabinetry, quartz countertops, and top-of-the-line Miele appliances, including a gas cooktop. Every finish reflects thoughtful sophistication—from engineered hardwood and porcelain tile flooring to custom-built closets and a spacious walk-in pantry. The neutral color palette is pleasing for any decor. Automated window treatments throughout, with blackout shades in the primary suite, give both convenience and comfort. The primary suite features an expansive walk-in closet complete with custom cabinets. Step onto your private terrace to enjoy the sunset, or retreat to the 18th-floor rooftop oasis—complete with a heated saltwater pool, outdoor kitchen, and multiple lounging areas overlooking the bay and city skyline. Additional amenities include a state-of-the-art fitness center and an elegant residents’ club room with dining, lounge, and catering kitchen. With 24/7 on-site staff, every detail of daily life is effortlessly managed. Whether you are looking for a year-round home or a seasonal escape, this pristine penthouse combines refined design, resort-style amenities, and an unmatched downtown Sarasota address. Come see it today!
Listing Agent
COMPASS FLORIDA LLC Brokerage Phone: 941-279-3630 License #0705963 Listed on: 10/21/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 2024 | New Construction
Lot Details
- West Facing Home
- Historic Home
HOA Fees
- $1,992 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Portico
- Circular Driveway
- Off-Street Parking
- Assigned Parking
Property Views
- White Water Ocean
- City
Home Design
- Contemporary Architecture
- Entry on the 15th floor
- Slab Foundation
- Concrete Roof
- Concrete Siding
- Stucco
Interior Spaces
- 1,562 Sq Ft Home
- Open Floorplan
- Shelving
- High Ceiling
- Ceiling Fan
- Low Emissivity Windows
- Insulated Windows
- Blinds
- Family Room Off Kitchen
- Living Room
- L-Shaped Dining Room
- Inside Utility
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Engineered Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
- Makeup or Vanity Space
- Split Vanities
- Private Water Closet
- Rain Shower Head
- Window or Skylight in Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Saltwater Pool
- Access to Bay or Harbor
- Property is near a marina
- Balcony
- Covered Patio or Porch
Schools
- Southside Elementary School
- Booker Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Additional Features
- Wheelchair Access
- Property is near public transit
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 3 / B
- Assessor Parcel Number 2027050006-1702
Community Details
Overview
- Association fees include 24-Hour Guard, common area taxes, pool, escrow reserves fund, gas, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
- Tammie Cunningham Association, Phone Number (443) 473-0388
- High-Rise Condominium
- The Demarcay Subdivision
- Sarasota Town Of Community
- On-Site Maintenance
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
- Community features wheelchair access
- 18-Story Property
Amenities
- Valet Parking
- Clubhouse
- Elevator
Recreation
- Fitness Center
- Community Pool
Pet Policy
- 3 Pets Allowed
- Breed Restrictions
Security
- Security Service
- Card or Code Access
- Gated Community
- 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 | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2025 10/21/25 | For Sale | $1,668,000 | +33.4% | $1,068 / Sq Ft | |
| 12/02/2024 12/02/24 | Sold | $1,250,000 | 0.0% | $875 / Sq Ft | View Prior Sale |
| 11/11/2021 11/11/21 | Pending | -- | -- | -- | |
| 10/22/2021 10/22/21 | Off Market | $1,250,000 | -- | -- | |
| 02/12/2020 02/12/20 | Pending | -- | -- | -- | |
| 02/11/2020 02/11/20 | For Sale | $1,250,000 | -- | $875 / Sq Ft |
About the Listing Agent
Originally from Dallas, Texas, Georgia Salaverri has moved eleven times before settling in sunny South Florida in 2000. Having lived in several different areas of the United States, including some time spent in Hong Kong, China and Toronto, Canada, Georgia's experience relocating, buying and selling homes is one of the main reasons she became interested in pursuing real estate as a career. Due to the amount of relocation Georgia has experienced over the years, she has a strong empathy for the
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MLS Number: A4669307
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