$4,300,000

33 S Palm Ave Unit 1501 Sarasota, FL 34236

3 beds
3 full, 1 partial
3,407 sqft
$1,262 / sqft
Condo

Property details

About 33 S Palm Ave Unit 1501

Ready for immediate occupancy, this stunning new construction residence is part of the Penthouse Collection The DeMarcay, an 18-story boutique condominium community of only 39 residences located in the heart of Downtown Sarasota on the highly sought-after South Palm Avenue. A central location that puts you minutes from the finest restaurants, shops, galleries and theaters. Perched on the 15th floor with unparalleled views of Sarasota Bay and the iconic Ringling Bridge, this 3,407 SF home consists of 3 bedrooms plus a den and 3.5 bathrooms, 11-foot ceilings, expansive windows and two terraces. The chef’s kitchen offers an integrated design highlighted by the custom Italian cabinetry complete with an upgraded appliance package including a gas cooktop and quartz countertops. A walk-in pantry, under-counter wine fridge, and dry bar accessible from the great room make this residence perfect for entertaining friends and family. Awaken each morning to views of Sarasota Bay from the owners’ suite which features a generous walk-in closet and a spa-inspired bathroom with floating double vanities, a frameless glass shower, a standalone soaking tub, and a private water closet. The den is conveniently located adjacent to the owners’ suite and features a separate terrace, creating the perfect space for a sitting room or home office. The interiors pictured come to life with virtually staged furnishings. An array of thoughtful amenities are found on the 18th floor rooftop - all with unobstructed 360-degree views of the Bay and downtown skyline. The outdoor amenities include a saltwater pool and lanai area, an outdoor kitchen and a generous entertaining area. Inside you will find a club room that opens up to the outdoor spaces and provides ample entertaining space including a lounge area, dining table, bar and catering kitchen, as well as a fitness center. On-site staff is available 24/7 providing resident services for owners whether they are in town or traveling, providing a true “lock and leave” lifestyle. Note: Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size3,407 sqft
Year builtNew Const., 2024
ParkingAssigned, Circular Driveway, Covered, Driveway, Off Street, Portico, Valet
MLS #A4651119
Attached garage2 spaces
ViewCity, Water

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Eat-in Kitchen, High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Assigned, Circular Driveway, Covered, Driveway, Off Street, Portico, Valet
  • View: City, Water
  • Exterior: Balcony
  • Architectural Style: Contemporary, Historic
  • Heating: Central
  • Cooling: Central Air
  • List Price: $4,300,000
  • Price/SqFt: $1,262
  • HOA Amount: $4,479
  • HOA Frequency: Monthly
  • Lot: City Lot, Near Marina, Near Public Transit, Sidewalk
  • Directions: From North on 41 in Downtown Sarasota turn right on Main Street and right on Palm Avenue. The site is located at 33 S. Palm Avenue.
  • Year Built: 2024
  • Stories: 18
  • Living Area: 3,407 SqFt
  • MLS Number: A4651119
  • MLS Name: MFRMLS
  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Lisa Allen

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2025, 3:19:44 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living area with a chandelier, light marble finish flooring, a water view, and recessed lighting

$4,300,000

33 S Palm Ave Unit 1501

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Price information

Property sales

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Tax history

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Nearby schools

5

Alta Vista Elementary School

Public District PK-5

1.6 mi

1050 S Euclid Ave

7

Bay Haven School of Basics Plus

Public Magnet KG-5

1.9 mi

2901 W Tamiami Cir

4

Tuttle Elementary School

Public District PK-5

2.0 mi

2863 8th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $84,075. Typical income of Sarasota, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

25%
<35k
36%
35k-100k
24%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
2%
Single, with Kids
33%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

2%
<11 yrs old
1%
12-17 yrs old
7%
18-34 yrs old
38%
35-64 yrs old
52%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Minor League Baseball GamesMinor League Baseball Games

Where do the neighbors shop?

  • Stein MartStein Mart
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • LincolnLincoln
  • CadillacCadillac
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • RockRock
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 33 S Palm Ave Unit 1501

The listing price of 33 S Palm Ave Unit 1501 property is $4,300,000.

The property 33 S Palm Ave Unit 1501 is a condo located in Sarasota, Florida, 34236.

Active Listing: 33 S Palm Ave Unit 1501 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 33 S Palm Ave Unit 1501 are: Alta Vista Elementary School (GreatSchools Rating 5/10), Bay Haven School of Basics Plus (GreatSchools Rating 7/10), Tuttle Elementary School (GreatSchools Rating 4/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Booker Middle School (GreatSchools Rating 3/10), Sarasota Military Academy (GreatSchools Rating 5/10), Sarasota High School (GreatSchools Rating 4/10), Booker High School (GreatSchools Rating 3/10).

The property at 33 S Palm Ave Unit 1501 has 3 bedrooms and 3 full and 1 half bathrooms.

The property 33 S Palm Ave Unit 1501 is 3,407 SqFt (source: MLS/tax record).

The year of construction for 33 S Palm Ave Unit 1501 is 2024.

This home is located at 33 S Palm Ave Unit 1501 in Sarasota, FL and zip code 34236 in the Five Points neighborhood. This 3,407 square foot home was built in 2024. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $4,300,000.

While more than 35 listings in Sarasota, FL in April 2025 were sold above asking price, there were more than 77 listings sold at asking price, and more than 421 were sold below. In April 2025 in Sarasota, FL there were 1.6% more homes for sale than in March. The median list price of listings available in April 2025 was $500,494, while the average time on the real estate market was 69 days.

From Rocket Homes Real Estate and based on county public records data.

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