Penthouse Luxury at The DeMarcay – Introducing a rare opportunity to own a new construction, never-lived-in Penthouse Residence with sweeping water views that can be purchased furnished or unfurnished. The DeMarcay is an 18-story boutique condominium perfectly positioned on prestigious Palm Avenue in downtown Sarasota. This 2-bedroom, 2-bath home on the 17th floor offers expansive views of the bay, bridge and downtown Sarasota, meticulous designer finishes, and a truly elevated living experience. Soaring 14-foot ceilings and over-sized windows create an airy, light-filled interior, enhanced by custom electronic privacy window treatments throughout and blackout window treatments in the primary bedroom for ultimate comfort. The open concept living space features a kitchen with Italian cabinetry, quartz countertops, and Miele appliances including a gas cooktop. Custom built-out closets and walk-in pantry add both style and function, while upgraded engineered hardwood and porcelain tile flooring completes the modern aesthetic. Step onto the private terrace to enjoy breathtaking vistas of Sarasota and the bay. Head to the 18th-floor rooftop to indulge in unobstructed 360-degree views, a heated saltwater pool, outdoor kitchen, and spacious outdoor entertainment areas. Inside, you'll find a fitness center and elegant club room with a dining space, lounge area, and catering kitchen. With 24/7 on-site staff, The DeMarcay offers a truly turn-key, lock-and-leave lifestyle—perfect for full-time residents or seasonal escapes. Don't miss your chance to own a pristine, high-design penthouse in the heart of Sarasota’s cultural and dining district.
New construction
Price cut: $125K (6/3)
$1,750,000
33 S Palm Ave #1702, Sarasota, FL 34236
2beds
1,562sqft
Est.:
Condominium
Built in 2024
-- sqft lot
$-- Zestimate®
$1,120/sqft
$1,992/mo HOA
What's special
Over-sized windowsHeated saltwater poolOutdoor kitchenPrivate terraceQuartz countertopsItalian cabinetryOpen concept living space
- 38 days
- on Zillow |
- 127 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: June 14, 2025 at 10:07am
Listing Provided by:
Lisa Allen 312-848-1636,
MICHAEL SAUNDERS & COMPANY 941-951-6660
Source: Stellar MLS,MLS#: A4651257
Originating MLS: Sarasota - Manatee

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Utility Room
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Area: 161.08 Square Feet
- Dimensions: 11.4x14.13
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 99 Square Feet
- Dimensions: 11x9
Primary bathroom
- Features: Dual Sinks, Exhaust Fan, Makeup/Vanity Space, Rain Shower Head, Split Vanities, Water Closet/Priv Toilet, Window/Skylight in Bath
- Level: First
- Area: 137.8 Square Feet
- Dimensions: 10.6x13
Dining room
- Level: First
- Area: 109.74 Square Feet
- Dimensions: 9.3x11.8
Kitchen
- Features: Breakfast Bar, Ceiling Fan(s), Kitchen Island, Exhaust Fan, Pantry
- Level: First
- Area: 126 Square Feet
- Dimensions: 14x9
Laundry
- Features: Built-In Shelving
- Level: First
- Area: 81 Square Feet
- Dimensions: 9x9
Living room
- Features: Ceiling Fan(s)
- Level: First
- Area: 224 Square Feet
- Dimensions: 16x14
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, L Dining, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
- Flooring: Engineered Hardwood, Porcelain Tile
- Windows: Insulated Windows, Low Emissivity Windows
- Has fireplace: No
Interior area
- Total structure area: 1,683
- Total interior livable area: 1,562 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Circular Driveway, Covered, Driveway, Off Street, Portico, Valet
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Balcony
- Pool features: Heated, Salt Water
- Has view: Yes
- View description: City, Water, Bay/Harbor - Full
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full
- Waterfront features: Bay/Harbor Access
Lot
- Size: 871.2 Square Feet
- Features: City Lot, Near Marina, Near Public Transit, Sidewalk
Details
- Parcel number: 20270500061702
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary,Historical
- Property subtype: Condominium
Materials
- Concrete, Stucco
- Foundation: Slab
- Roof: Concrete
Condition
- Completed
- New construction: Yes
- Year built: 2024
Details
- Builder model: E3
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Public
Community & HOA
Community
- Features: Association Recreation - Owned, Clubhouse, Deed Restrictions, Fitness Center, Pool, Wheelchair Access
- Security: Fire Alarm, Fire Sprinkler System, Gated Community, Smoke Detector(s)
- Subdivision: THE DEMARCAY
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Security, Wheelchair Access
- Services included: 24-Hour Guard, Community Pool, Reserve Fund, Gas, Insurance, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
- HOA fee: $1,992 monthly
- HOA name: Edward Bustamante
- HOA phone: 866-378-1099
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $1,120/sqft
- Date on market: 5/7/2025
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Road surface type: Paved
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