USAFLSarasotaThe Demarcay1501-33 S Palm Ave

1501-33 S Palm Ave, SARASOTA, FL

Condo

For Sale

Listed price in listed location currency (USD).

$3,950,000

340

MLS® A4657527

Key Facts
Description
Rooms
Map

Key Facts

Type Condominium

Levels Residential

Size 3407 sqft

Garage Yes

HOA Fees

Taxes

Days Active 195

Approx. Age 2024

Avg. Price Per Sqft $1,159

MLS® Number A4657527

Property Address: 1501-33 S Palm Ave, SARASOTA, FL, 34236-5610

Average square foot calculated using Size range provided by listing agent.

Description

$50, 000 CREDIT AT CLOSING TOWARD BLINDS AND CLOSET BUILD-OUTS. 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. 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.

MLS® NumberA4657527

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelLaundry Room

Exposure

Exterior

GarageYes

Approx. Age2024

Stories18

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 2, 2025List Date

$3,950,000List Price

Commute

Commute

Starting Address

Destination Address

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