33 S Palm Ave Unit 1601 Sarasota, FL 34236

$5,450,000
3 beds
3 full, 1 partial
3,407 sqft
$1,600 / sqft
Condo

Property details

About 33 S Palm Ave Unit 1601

Ready for immediate occupancy, this stunning new construction residence is part of the Penthouse Collection at The DeMarcay, an 18-story boutique condominium community of 39 residences. The DeMarcay is located in the heart of Downtown Sarasota on the highly sought-after South Palm Avenue, a location which puts you minutes from the finest restaurants, shops, galleries and theaters in downtown Sarasota. Perched on the 16th floor, enjoy 180-degree unparalleled views of Sarasota Bay & Gulf of Mexico, the Marina, the iconic Ringling Bridge and beyond. With 3,407 SF of living space, this home has 3 bedrooms plus a den and 3.5 bathrooms, 11-foot ceilings, expansive windows and two terraces. The chef’s kitchen offers a walk-in pantry and an integrated design highlighted by the custom Italian cabinetry and upgraded appliance package including a gas cooktop and quartz countertops. The 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 with a lounge area, dining table, bar and catering kitchen where you can entertain guests or just enjoy the views and sense of community. On-site staff is available 24/7 providing resident services for owners whether they are in town or traveling, offering 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., 2023
ParkingAssigned, Circular Driveway, Covered, Driveway, Guest, Off Street, Portico, Valet
MLS #A4637354
Attached garage2 spaces
ViewWater

Virtual tour

Summary

  • MLS Number: A4637354
  • 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: 2/8/2025, 11:19:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living room featuring light hardwood / wood-style floors and a notable chandelier

$5,450,000

33 S Palm Ave Unit 1601

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Price information

Property sales

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Nearby schools

7

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. The majority of Sarasota, FL residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of 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 1601

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 2023. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $5,450,000.

Over 18 listings were sold over their listed price in January 2025 in Sarasota, FL. In the same period over 283 listings were sold below the listed price and 55 listings were sold for the listed price. Between December and January 2025, Sarasota, FL real estate market has seen increase in the number of listings by 16.8%. While the average time on the market in January 2025 was 66 days, the median list price was $510,794.

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

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