33 S Palm Avenue Unit 1601, Sarasota, FL 34236

$3,600,000
3
BD
4
BA
3,407
SqFt

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Sold Price
$3,600,000
List Price
$3,950,000
Closing Date
Jul 30, 2026
MLS#
A4659041
Type
Condo
Property Style
Condo
Bedrooms
3
Bathrooms
4
Living Area
3,407
Subdivision
Demarcay
Year Built
2024

Property Description

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. This is the only condominium in downtown Sarasota with 24/7 valet parking service, offering a distinctive, space-saving parking configuration and the ease of round-the-clock attended vehicle access. 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. 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.

Additional Information

Condo Maint. Fee
$4886
Condo Maint. Fee Schedule
Monthly
Community Features
Clubhouse, Fitness Center, Pool, Sidewalks, No Deed Restriction
Style
One Story
Exterior Construction
Concrete, Stucco
Mnthly. Maint. Incl.
Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
Interior
Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
Interior Features
Eat-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
Exterior
Balcony, Sidewalk, Sliding Doors
Roof
Concrete
Extra Rooms
Den/Library/Office
Located Near
City Limits, Near Marina, Near Public Transit, Sidewalk
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Garage
Circular Driveway, Covered, On Street, Portico, Valet
Floor
Tile
Heating
Central
Cooling
Central Air
Pool
Yes
Pool Type
Community
Water
Bay View, Bay Front, Beach View, Beach Access
Water View
Yes

Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY. Selling Office: STELLAR NON-MEMBER OFFICE.

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