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$50,000 CREDIT TOWARD BLINDS AND CLOSET BUILD-OUTS. 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.
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.
To personalize the home to your exact preferences, a $50,000 credit is being offered toward blinds and custom closet build-outs.
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.
Property Details
Price: $4,300,000
Sq Ft: 3,407
($1,262 per sqft)
Bedrooms: 3
Bathrooms: 3
Partial Baths: 1
City: Sarasota
County: Sarasota
Type: Condominium
Development: Demarcay
Virtual Tour/Floorplan:
View
Year Built: 2024
Listing Number: A4659041
Status Code: A-Active
Tax Year: 2024
Garage:
2
Pets Allowed: Yes
Interior Features:
Eat-in Kitchen
High Ceilings
Open Floorplan
Stone Counters
Thermostat
Walk-In Closet(s)
Financial Information:
Tax Year: 2024
Exterior Features:
Balcony
Sidewalk
Sliding Doors
Equipment:
Built-In Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Exhaust Fan
Microwave
Range Hood
Refrigerator
Washer
Wine Refrigerator
View:
City
Water
Additional Information:
MLS Area: 34236 - Sarasota
Price per Square Feet: $1,262.11
Total Floors: 18
Water: Public
Lot Desc.: City Limits, Near Marina, Near Public Transit, Sidewalk
Construction: Concrete, Stucco
Date Listed: 2025-07-17 19:47:12
Pool: No
Parking: Circular Driveway, Covered, On Street, Portico, Valet
Garage Spaces: 2
Flooring: Tile
Roof: Concrete
Heating: Central
Cooling: Central Air
Pets: Yes
Sewer: Public Sewer
Map of 33 Palm Avenue S #1601, Sarasota, FL 34236
Listing Courtesy Of: Premier Sothebys International Realty
Andrew.Tanner@premiersir.com