Location! Location! In the Heart of Downtown Sarasota. Penthouse Collection residence on the 15th floor of the newly-built DeMarcay, offering sky-high views of the city, Sarasota Bay, Big Pass, and beyond to the Gulf of Mexico. 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, all providing 360-degree vistas of Sarasota’s breathtaking scenery. Located on the 17th floor bayside, this elegant 3,407-square-foot 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! Please note that some images are artist renderings representative of the interior finishes and may not exactly match the actual finishes of this residence.
New construction
$4,195,000
33 S Palm Ave #1501, Sarasota, FL 34236
3beds
3,407sqft
Est.:
Condominium
Built in 2024
-- sqft lot
$-- Zestimate®
$1,231/sqft
$4,479/mo HOA
What's special
Penthouse collection residenceThree private bedroom suitesOutdoor kitchenQuartz countertopsSparkling poolDesigner italian cabinetsImported italian cabinetry
- 4 hours
- on Zillow |
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Zillow last checked: 7 hours ago
Listing updated: 11 hours ago
Listing Provided by:
Andrew Tanner 941-539-0998,
PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000
Source: Stellar MLS,MLS#: A4657527
Originating MLS: Sarasota - Manatee

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Den/Library/Office
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Laundry: Laundry Room
Features
- Eating Space In Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
- Flooring: Tile
- Doors: Sliding Doors
- Has fireplace: No
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 3,661
- Total interior livable area: 3,407 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Circular Driveway, Covered, On Street, Portico, Valet
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Sidewalk, Storage
- Has view: Yes
- View description: City, Water, Bay/Harbor - Full, Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full,Gulf/Ocean - Partial
Lot
- Size: 8,712 Square Feet
- Features: City Lot, Near Marina, Near Public Transit, Sidewalk
Details
- Parcel number: 2027057031
- Zoning: DTB
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete, Stucco
- Foundation: Pillar/Post/Pier
- Roof: Concrete
Condition
- Completed
- New construction: Yes
- Year built: 2024
Details
- Builder model: A
- Builder name: Voeller Construction
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
- Subdivision: DEMARCAY
HOA
- Has HOA: No
- Services included: Community Pool, Reserve Fund, Insurance, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
- HOA fee: $4,479 monthly
- HOA name: Edward Bustamante
- HOA phone: 866-378-1099
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $1,231/sqft
- Date on market: 7/2/2025
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
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