Active

$3,750,000

Features:
  • 3 Bedrooms
  • 4 Bathrooms
  • 3407 sq ft
Overview
  • ID: MFRA4657527
  • Bedrooms: 3
  • Bathrooms: 4
  • Size: 3407 sq ft
Property Details
Remarks
In the heart of Downtown Sarasota, at the coveted corner of Main Street and Palm Avenue, this Penthouse Collection residence on the 15th floor of the newly built DeMarcay rises above the city with sweeping views of downtown, Sarasota Bay, Big Pass, and onward to the Gulf of Mexico. Step outside and walk to art galleries, acclaimed restaurants, boutiques, theaters, the farmers’ market, the city marina, wellness studios and live music. When the beach calls, St. Armands Circle and Lido Beach are just three miles over the Ringling Bridge. DeMarcay elevates downtown living with resort-style amenities crowned by an 18th-floor bi-level terrace featuring 360-degree vistas. Residents enjoy a state-of-the-art fitness center, an owners’ lounge, outdoor kitchen, and an impressive pool terrace designed for sunset gatherings and entertaining, supported by 24/7 on-site staff 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 15th floor, this 3,407-square-foot residence offers three private bedroom suites, a separate office/den, powder room, open living and dining, laundry, and a private bayfront balcony. Volume ceilings and expansive windows bring in natural light and frame the water-and-sky backdrop throughout. The chef’s kitchen pairs imported Italian cabinetry with quartz countertops, a Miele five-burner gas cooktop, and integrated Miele appliances. The primary suite is a serene retreat with a spa-inspired bath featuring designer Italian cabinetry, porcelain undermount sinks, a soaking tub, and a generous walk-in shower. An 18-story boutique community of only 39 residences, DeMarcay blends contemporary architecture with Sarasota’s heritage, thoughtfully preserving and restoring the historic facades of the original DeMarcay Hotel (1922) and the Roth Cigar Factory (1923–1938). A rare opportunity to live at Sarasota’s most walkable crossroads—elevated, effortless and distinctly downtown.
Financial Considerations
Price:
$3,750,000
HOA Fee:
N/A
Tax Amount:
$0
Price per SqFt:
$1100.68
Tax Legal Description:
UNIT 1501, DEMARCAY, CB 50 PG 52-70
Exterior Features
Lot Size:
N/A
Lot Features:
City Limits, Near Marina, Near Public Transit, Sidewalk
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned, Circular Driveway, Covered, On Street, Portico, Valet
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Furnished:
No
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
2024
Construction Type:
Concrete, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
Southwest
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony, Sidewalk, Sliding Doors, Storage
Additional Features 2:
Follow rules and regulations of the association
Map
  • Address
    33 S PALM AVE #1501
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