$1,750,000

33 S Palm Ave Unit 1702 Sarasota, FL 34236

$10,000
Closing credit¹
2 beds
2 full
1,562 sqft
0.02 acres
$1,120 / sqft
Condo

Property details

About 33 S Palm Ave Unit 1702

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.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,562 sqft
Lot size0.02 Acres
Year builtNew Const., 2024
ParkingAssigned, Circular Driveway, Covered, Driveway, Off Street, Portico, Valet
MLS #A4651257
Attached garage1 space
ViewCity, Water

Summary

  • Full Bathrooms: 2
  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Hardwood, Tile
  • Interior: Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, L Dining, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • 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: $1,750,000
  • Price/SqFt: $1,120
  • HOA Amount: $1992 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. Street parking available.
  • Year Built: 2024
  • Stories: 18
  • Living Area: 1,562 SqFt
  • Lot Size: 0.02 Acres
  • MLS Number: A4651257
  • MLS Name: MFRMLS
  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Lisa Allen

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Last updated on: 6/6/2025, 11:49:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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33 S Palm Ave Unit 1702, Sarasota, FL 34236 - view of urban area

$1,750,000

33 S Palm Ave Unit 1702

$10,000

closing credit¹

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0.5% sale price²

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. Residents of Sarasota, FL typically earn between $35k-100k each year. The most common type of family is 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 1702

The listing price of 33 S Palm Ave Unit 1702 property is $1,750,000.

The property 33 S Palm Ave Unit 1702 is a condo located in Sarasota, Florida, 34236.

Active Listing: 33 S Palm Ave Unit 1702 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 33 S Palm Ave Unit 1702 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 1702 has 2 bedrooms and 2 bathrooms.

The property 33 S Palm Ave Unit 1702 is 1,562 SqFt (source: MLS/tax record).

The year of construction for 33 S Palm Ave Unit 1702 is 2024.

This home is located at 33 S Palm Ave Unit 1702 in Sarasota, FL and zip code 34236 in the Five Points neighborhood. This 1,562 square foot home, which was built in 2024, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $1,750,000.

Over 28 listings were sold over their listed price in May 2025 in Sarasota, FL. In the same period over 365 listings were sold below the listed price and 69 listings were sold for the listed price. In May 2025 in Sarasota, FL there were 1% less homes for sale than in April. In May 2025 median list price was $496,832 and the average listing age was 62 days.

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

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