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33 S Palm Avenue Unit 1601 Sarasota, FL 34236

3 Beds
3 full, 1 half Baths
3,407 Sqft
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$4,300,000 Est. $15,834 / mo.*
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Status: Active
Property Type: Condominium
Year Built: 2024
Neighborhood: Demarcay
Days on Website: 34

Courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY

Description

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!

Open House

Property Details and Features

  • Building Name Number: THE DEMARCAY
  • Living Area Meters: 316.52
  • Room Count: 10
  • Building Area Total: 3661
  • Building Area Units: Square Feet
  • Construction Materials: "Concrete", "Stucco"
  • Direction Faces: Southwest
  • Levels: "One"
  • Living Area: 3407
  • Stories Total: 18
  • Year Built: 2024
  • Condo Fees Term: Monthly
  • Total Annual Fees: $53,748
  • Total Monthly Fees: $4,479
  • Condo Fees: $4,479
  • Monthly Condo Fee Amount: $4,479
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Partial
  • Association Approval Required YN: 1
  • Association Fee Includes: "Pool", "Escrow Reserves Fund", "Insurance", "Maintenance Structure", "Management", "Pest Control", "Recreational Facilities", "Sewer", "Trash", "Water"
  • Association Name: Edward Bustamante
  • Association Phone: 866-378-1099
  • Building Elevator
  • Interior Features: "Eat-in Kitchen", "High Ceilings", "Open Floorplan", "Stone Counters", "Thermostat", "Walk-In Closet(s)"
  • Available For Lease
  • Minimum Lease: 3 Months
  • Calculated List Price By Calculated Sq Ft: $1,262
  • Unit Number: 1601
  • Number Times per Year: 4
  • Number Of Pets: 2
  • Pets Allowed: "Yes"
  • Property Description: Corner Unit,High Rise
  • Patio and Porch Features: "Covered", "Patio"
  • Property Condition: "Completed"
  • Zoning: DTB
  • Additional Rooms: Den/Library/Office
  • Road Surface: "Asphalt"
  • Appliances: "Built-In Oven", "Convection Oven", "Cooktop", "Dishwasher", "Disposal", "Dryer", "Exhaust Fan", "Microwave", "Range Hood", "Refrigerator", "Washer", "Wine Refrigerator"
  • 3 full bathrooms
  • 1 half bathroom
  • Bedrooms Total: 3
  • Community Features: "Clubhouse", "Fitness Center", "Pool", "Sidewalks"
  • Cooling: "Central Air"
  • Exterior Features: "Balcony", "Sidewalk", "Sliding Doors"
  • Flooring: "Tile"
  • Foundation Details: "Pillar/Post/Pier"
  • Attached Garage Yn: t
  • Garage Spaces: 2
  • Heating: "Central"
  • Laundry Features: "Laundry Room"
  • County or Parish: Sarasota
  • Subdivision: DEMARCAY
  • Features: "City Limits", "Near Marina", "Near Public Transit", "Sidewalk"
  • View: "City", "Water"
  • Parking Features: "Circular Driveway", "Covered", "On Street", "Portico", "Valet"
  • Roof: "Concrete"
  • Sewer: "Public Sewer"
  • Utilities: "BB/HS Internet Available", "Cable Available", "Electricity Connected", "Phone Available", "Sewer Connected", "Water Connected"
  • Water Source: "Public"
$4,300,000 - 3Br/4Ba - for Sale in Demarcay, Sarasota
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Location

$4,300,000 - 33 S Palm Avenue Unit 1601, Sarasota, FL 34236
33 S Palm Avenue Unit 1601 Sarasota, FL 34236
County or Parish: Sarasota

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This content last updated on August 20, 2025 5:20PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.