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33 S Palm Avenue Unit 1501

Sarasota, FL 34236

3 beds
4 baths
3,407 sqft
$1,731 per sqft
2023 build
– on site

Under Construction. Ready for immediate occupancy, this stunning new construction residence is part of the Penthouse Collection The DeMarcay, an 18-story boutique condominium community of only 39 residences located in the heart of Downtown Sarasota on the highly sought-after South Palm Avenue. A central location that puts you minutes from the finest restaurants, shops, galleries and theaters. Perched on the 15th floor with unparalleled views of Sarasota Bay and the iconic Ringling Bridge, this 3,407 SF home consists of 3 bedrooms plus a den and 3.5 bathrooms, 11-foot ceilings, expansive windows and two terraces. The chef’s kitchen offers an integrated design highlighted by the custom Italian cabinetry complete with an upgraded appliance package including a gas cooktop and quartz countertops. A walk-in pantry, 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 that opens up to the outdoor spaces and provides ample entertaining space including a lounge area, dining table, bar and catering kitchen, as well as a fitness center. On-site staff is available 24/7 providing resident services for owners whether they are in town or traveling, providing 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.

Listing courtesy of STELLAR_MLS / MICHAEL SAUNDERS & COMPANY

Last checked: Checking… • Last updated Jan 10, 2025 •

MLS# A4596347 —

The Building

Year Built:

2023
New Construction:

true
Builder Model:

A
Builder Name:

Voeller Construction Inc
Construction Materials:

Concrete
Building Elevator:

true
Levels:

Three Or More
Stories Total:

18
Roof:

Concrete
Foundation Details:

Slab
Patio And Porch Features:

Covered
Floor Number:

15+
Unit Number:

1501
Building Area Total:

3661
Building Area Units:

Square Feet
Building Area Source:

Builder

Interior

Interior Features:

High Ceilings
Flooring:

Porcelain Tile
Fireplace:

false

Room Dimensions

Living Area:

3407
Living Area Units:

Square Feet
Living Area Source:

Builder

Location

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.
Latitude:

27.335267
Longitude:

-82.542813
Coordinates:

-82.542813, 27.335267

The Property

Parcel Number:

20270500061501
Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Under Construction
Direction Faces:

Southwest
View:

Water
View:

true
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

A,E
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

3
Tax Legal Description:

Lot 3, Blk B, Resub of Blks C & D, Plat of Sarasota, Gillespie Place, Plat Book 1 page 1, 11A & Lot 4, BLK 5, Resub of Blks C&D Plat of Sarasota
Tax Annual Amount:

3

Beds

Bedrooms Total:

3

Baths

Total Baths:

3.5
Total Baths:

4
Full Baths:

3
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4596347
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Septic Needed

Appliances

Appliances:

Built-In Oven
Laundry Features:

Inside

The Community

Subdivision Name:

THE DEMARCAY
Senior Community:

false
Community Features:

Deed Restrictions
Water View:

Bay/Harbor - Full
Water View:

true
Water Access:

false
Waterfront:

false
Pool Private:

false
Pool Dimensions:

29x17
Pool Features:

Heated
Pets Allowed:

Yes
Pet Restrictions:

See condominium docs
# of Pets:

2
Max Pet Weight:

150
Association:

true
Association Fee Frequency:

Monthly
Association Fee Includes:

Community Pool
Association Fee Requirement:

Required
Condo Fees:

4479
Condo Fees Term:

Monthly
Monthly Condo Fee Amount:

4479
Ownership:

Condominium
Association Approval Required:

true

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2
Open Parking:

true
Parking Features:

Assigned

Monthly cost estimate

Asking price

$5,900,000

Expense	Monthly cost
Mortgage	$31,592
Taxes	N/A
Insurance	$1,622
Utilities	$143 See report
Total	$33,357/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
11/1/24 Nov 1, 2024	Price Changed	STELLAR_MLS	$5,900,000	-12.6%
5/17/24 May 17, 2024	Price Changed	STELLAR_MLS	$6,750,000	-6.3%
1/23/24 Jan 23, 2024	Listed / Active	STELLAR_MLS	$7,200,000

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This condo located in Downtown Sarasota, Sarasota, FL 34236 is currently for sale for $5,900,000. 33 S Palm Avenue Unit 1501 is a 3,407 square foot condo with 3 beds and 4 baths that has been on Estately for 353 days. 33 S Palm Avenue Unit 1501 is in the Downtown Sarasota neighborhood of Sarasota and has a WalkScore® of 97, making it a walker’s paradise. This condo is in the attendance area of Southside Elementary School, Booker Middle School, and Sarasota High School.

Listing Courtesy of: STELLAR_MLS and MICHAEL SAUNDERS & COMPANY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.