33 S PALM AVE #1601, Sarasota, FL 34236
$3,600,000
$3,950,000
8.9%
Est.Price: ?

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3 BD
4 BA
3,407 SqFt

33 S PALM AVE #1601 Sarasota, FL 34236

Est. payment /mo
SOLD DATE : 07/30/2026

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Key Details

Sold Price $3,600,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 3,407 sqft

Price per Sqft $1,056

Subdivision Demarcay

MLS Listing ID A4659041

Sold Date 07/30/26

Bedrooms 3

Full Baths 3

Half Baths 1

Condo Fees $4,886

Construction Status Completed

HOA Y/N No

Annual Recurring Fee 58632.0

Year Built 2024

Property Sub-Type Condominium

Source Stellar MLS

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.

Location

State FL

County Sarasota

Community Demarcay

Area 34236 - Sarasota

Zoning DTB

Rooms

Other Rooms Den/Library/Office

Interior

Interior Features Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Tile

Fireplace false

Appliance Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Balcony, Sidewalk, Sliding Doors

Parking Features Circular Driveway, Covered, On Street, Portico, Valet

Garage Spaces 2.0

Community Features Clubhouse, Fitness Center, Pool, Sidewalks

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

Water Access No

View City, Water, Gulf/Ocean - Partial

Roof Type Concrete

Porch Covered, Patio

Attached Garage true

Exposure Southwest

Garage true

Private Pool No

Building

Lot Description City Limits, Near Marina, Near Public Transit, Sidewalk

Story 18

Entry Level One

Foundation Pillar/Post/Pier

Builder Name Voeller Construction

Sewer Public Sewer

Water Public

Structure Type Concrete,Stucco

New Construction true

Construction Status Completed

Others

Pets Allowed Yes

HOA Fee Include Pool,Escrow Reserves Fund,Insurance,Maintenance Structure,Management,Pest Control,Recreational Facilities,Sewer,Trash,Water

Senior Community No

Ownership Condominium

Monthly Total Fees $4, 886

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Num of Pet 2

Special Listing Condition None

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Stellar MLS
Listed by Andrew Tanner PREMIER SOTHEBY'S INTERNATIONAL REALTY
Bought with Non-Member Agent STELLAR NON-MEMBER OFFICE

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Kevin Schumacher

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