Date
Details
Price
Change
Source
7/17/2025
Listed
$4,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$4,300,000
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Property Description
$50,000 CREDIT TOWARD BLINDS AND CLOSET BUILD-OUTS. Penthouse Collection residence on the 16th floor of the newly built DeMarcay, capturing commanding vistas over downtown Sarasota, Sarasota Bay, Big Pass and the Gulf. Perfectly positioned at the corner of Main Street and Palm Avenue, this address places art galleries, acclaimed dining, boutiques, theaters, the farmers' market, the city marina, wellness studios and live music within an easy stroll. Plus, St. Armands Circle and Lido Beach are just three miles across the Ringling Bridge. DeMarcay sets a new benchmark for downtown living with elevated, resort-inspired amenities crowned by an 18th-floor bi-level terrace with 360-degree views. Residents enjoy a state-of-the-art fitness center, club lounge, outdoor kitchen, and a spectacular pool terrace designed for sunset lounging and entertaining, supported by dedicated on-site staff available 24/7 for personalized service. Bayside on the 16th floor, this elegant 3,407-square-foot residence offers three private bedroom suites, a separate office/den, powder room, open-concept living, laundry facilities, and a private bayfront balcony. Volume ceilings and expansive glass invite natural light and frame the skyline and water views throughout. The gourmet kitchen features imported Italian cabinetry, quartz countertops, a Miele five-burner gas cooktop, and integrated Miele appliances. The primary suite is a true retreat with a spa-inspired bath showcasing designer Italian cabinetry, porcelain undermount sinks, a soaking tub and a spacious walk-in shower. To personalize the home to your exact preferences, a $50,000 credit is being offered toward blinds and custom closet build-outs. An 18-story boutique condominium of only 39 residences, DeMarcay uniquely weaves modern architecture with Sarasota history, thoughtfully preserving and restoring the iconic facades of the original DeMarcay Hotel (1922) and the Roth Cigar Factory (1923-1938). A rare opportunity to live above it all: At the city's most walkable crossroads surrounded by water, culture and coastal ease.
Full Property Details
Full Property Details for 33 S Palm Ave #1601
General
- Price: $4,300,000
- HOA FEE: $4,479/month
- Taxes: (2024)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4659041
- Updated: 1/9/2026
- Added to Site: 184 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 10
- Interior Features: Eating Space In Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
- Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Flooring: Porcelain Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Security/Safety: Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Sidewalk, Sliding Doors
- Deck/Patio: Covered, Patio
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Circular Driveway, Covered, On Street, Portico, Valet
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Subdivision: DEMARCAY
- Driving Directions: From I75, take the Fruitville Ave 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.
- Direction Faces: Southwest
Community
- Community Name: 34236 - Sarasota
- Community Features: Clubhouse, Fitness Center, Pool, Sidewalks
- Assoc. Name: Edward Bustamante
- Assoc. Fees Include: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
- Number of Pets: 2
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Structural Information
- Builder: Voeller Construction
- Exterior Const.: Concrete, Stucco
- Roof: Concrete
- Common Walls: Corner Unit
- Stories/Levels: One
- Square Feet: 3,407
- Sq. Ft. Source: Builder
- Year Built: 2024
Lot Features
- Property View: City, Water
- Street/Road Desc.: Asphalt
Water Features
- Water View: Yes
Financial Considerations
- Condo Fee: $4,479
- Condo Fee Freq: Monthly
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 1601, DEMARCAY, CB 50 PG 52-70
- Flood Zone Info: AE
- APN: 2027057034
- Property ID: 2027057034
Listed by Premier Sotheby's International Realty
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— 33 S Palm Ave #1601 —
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Schools
Schools serving 33 S Palm Ave #1601
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Southside Elementary School, Sarasota, FL 1901 Webber Street, Sarasota, FL 34239 | PK-5 | 1.9 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2.5 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 33 S Palm Ave #1601
Tax History
Tax History for 33 S Palm Ave #1601
Year
Property Taxes
Change
Tax Assessment
Change
2024
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 33 S Palm Ave #1601
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- Condo
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- 3,068Sq. Ft.
Listed and Sold by Coldwell Banker Realty
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Listed by Michael Saunders & Company
Sold by Fine Properties
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Listed and Sold by Developers Realty Lbk, Inc
33 S Palm Avenue #1601, Sarasota, FL 34236 (MLS# A4659041) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 33 S Palm Avenue #1601 is currently listed for $4,300,000 and was received on July 17, 2025. Want to learn more about 33 S Palm Avenue #1601? Do you have questions about finding other Condo real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.