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$4,300,000

33 S Palm Ave Unit 1601 Sarasota, FL 34236

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

Property details

About 33 S Palm Ave Unit 1601

Penthouse Collection residence on the 16th floor of the newly-built DeMarcay, offering sky-high views of the city, Sarasota Bay, Big Pass, and beyond to the Gulf. 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, providing 360-degree vistas of Sarasota’s breathtaking scenery. Located on the 16th floor bayside, this elegant 3,407-square-foot residence 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!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size3,407 sqft
Year builtNew Const., 2024
ParkingCircular Driveway, Covered, On Street, Portico, Valet
MLS #A4659041
Attached garage2 spaces
ViewCity, Water

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Tile
  • Interior: Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s)
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Circular Driveway, Covered, On Street, Portico, Valet
  • View: City, Water
  • Exterior: Balcony, Sidewalk, Sliding Doors
  • Heating: Central
  • Cooling: Central Air
  • List Price: $4,300,000
  • Price/SqFt: $1,262
  • HOA Amount: $4479 Monthly
  • Lot: City Lot, Near Marina, Near Public Transit, Sidewalk
  • Directions: From I75, take the Fruitville Ave exit headed west. Make a left onto Washington Blvd. Make a right onto Main Street. Make a left onto Palm Ave and the Demarcay will be on the left hand side.
  • Year Built: 2024
  • Stories: 18
  • Living Area: 3,407 SqFt
  • MLS Number: A4659041
  • MLS Name: MFRMLS
  • Office Name: PREMIER SOTHEBY'S INTERNATIONAL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Andrew Tanner

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Last updated on: 7/21/2025, 1:34:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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. Residents of Sarasota, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically 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 1601

The listing price of 33 S Palm Ave Unit 1601 property is $4,300,000.

The property 33 S Palm Ave Unit 1601 is a condo located in Sarasota, Florida, 34236.

Active Listing: 33 S Palm Ave Unit 1601 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 33 S Palm Ave Unit 1601 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 1601 has 3 bedrooms and 3 full and 1 half bathrooms.

The property 33 S Palm Ave Unit 1601 is 3,407 SqFt (source: MLS/tax record).

The year of construction for 33 S Palm Ave Unit 1601 is 2024.

This home is located at 33 S Palm Ave Unit 1601 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 July 17, 2025 and is currently priced at $4,300,000.

In June 2025, from all listings sold in Sarasota, FL there were more than 23 sold above asking price, over 364 sold below and more than 51 were sold right at the asked price. Between May and June 2025, Sarasota, FL real estate market has seen decrease in the number of listings by 2%. Listings spent 72 days on the market in June 2025, and had a median list price of $495,118 during the same period.

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

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