33 S PALM AVENUE 1601, Sarasota, FL 34236

• 3 beds |
• 4 baths |
• 3,407 sqft

Property Description

Under contract-accepting backup offers. Penthouse Collection residence on the 16th floor of the newly built DeMarcay, capturing commanding vistas over downtown Sarasota, Sarasota Bay, Big Pass and the Gulf. Perfectly positioned at the corner of Main Street and Palm Avenue, this address places art galleries, acclaimed dining, boutiques, theaters, the farmers’ market, the city marina, wellness studios and live music within an easy stroll. Plus, St. Armands Circle and Lido Beach are just three miles across the Ringling Bridge. DeMarcay sets a new benchmark for downtown living with elevated, resort-inspired amenities crowned by an 18th-floor bi-level terrace with 360-degree views. Residents enjoy a state-of-the-art fitness center, club lounge, outdoor kitchen, and a spectacular pool terrace designed for sunset lounging and entertaining, supported by dedicated on-site staff available 24/7 for personalized service. This is the only condominium in downtown Sarasota with 24/7 valet parking service, offering a distinctive, space-saving parking configuration and the ease of round-the-clock attended vehicle access. Bayside on the 16th floor, this elegant 3,407-square-foot residence offers three private bedroom suites, a separate office/den, powder room, open-concept living, laundry facilities, and a private bayfront balcony. Volume ceilings and expansive glass invite natural light and frame the skyline and water views throughout. The gourmet kitchen features imported Italian cabinetry, quartz countertops, a Miele five-burner gas cooktop, and integrated Miele appliances. The primary suite is a true retreat with a spa-inspired bath showcasing designer Italian cabinetry, porcelain undermount sinks, a soaking tub and a spacious walk-in shower. An 18-story boutique condominium of only 39 residences, DeMarcay uniquely weaves modern architecture with Sarasota history, thoughtfully preserving and restoring the iconic facades of the original DeMarcay Hotel (1922) and the Roth Cigar Factory (1923–1938). A rare opportunity to live above it all: At the city’s most walkable crossroads surrounded by water, culture and coastal ease.

Listing Status:

Pending

Date Added:

July 17, 2025

Data Last Updated:

July 29, 2026 at 1:21AM

Listing Office:

PREMIER SOTHEBY'S INTERNATIONAL REALTY : 941-364-4000

Listing Agent:

Andrew Tanner : 941-539-0998

MLS ID:

A4659041

Interior

• General: Eat-in KitchenHigh CeilingsOpen FloorplanStone CountersThermostatWalk-In Closet(s)
• Rooms: Den/Library/Office
• Appliances: Built-In OvenConvection OvenCooktopDishwasherDisposalDryerExhaust FanMicrowaveRange HoodRefrigeratorWasherWine Refrigerator
• Laundry: Laundry Room
• Flooring: Tile
• A/C: Central Air
• Heating: Central

Exterior

• General: BalconySidewalkSliding Doors
• Other Structures: PatioCovered
• Parking: Circular DrivewayCoveredOn StreetPorticoValet

Construction

• Roofing: Concrete
• General: ConcreteStuccoOnePillar/Post/Pier

Location

• Road/Access: Asphalt
• HOA Amenities: PoolEscrow Reserves FundInsuranceMaintenance StructureManagementPest ControlRecreational FacilitiesSewerTrashWater
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: DTBUNIT 1601DEMARCAYCB 50 PG 52-702027057034
• View: CityWater

Utilities

• Utilities: BB/HS Internet AvailableCable AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Condominium