33 S PALM AVENUE 701, SARASOTA, FL 34236
THE DEMARCAY · Sarasota County
Key Facts
Description
Experience elevated downtown living in this exceptional residence at The DeMarcay. Unit 701 offers three spacious bedrooms and an elegant blend of modern finishes with timeless sophistication, creating the ideal balance of luxury and comfort. Expansive windows fill the home with natural light while framing breathtaking waterfront views of Sarasota Bay, the marina, downtown skyline and the iconic Ringling Bridge. Designed for entertaining and everyday living, the open-concept floor plan flows seamlessly onto a private balcony where you can enjoy vibrant sunsets and the energy of downtown Sarasota below. The chef-inspired kitchen features sleek contemporary design, premium finishes, a walk-in pantry and refined details throughout. Enhancing the residence is a state-of-the-art Lutron motorized shade system by Haven Smart, offering effortless convenience and modern luxury at touch of a button. The owner's suite is a private retreat featuring a beautifully upgraded custom closet and spa-inspired ambiance. Additional highlights include two assigned parking spaces in the secured garage, EV charger capability and an air-conditioned storage locker. With no pet restrictions, this residence offers flexibility for every lifestyle. Residents of The DeMarcay enjoy an unmatched collection of luxury amenities, highlighted by a stunning rooftop pool and entertaining deck overlooking the marina, Sarasota Bay, downtown skyline and the sparkling Ringling Bridge. The building also offers 24/7 valet service and on-site staff, delivering a lock-and-leave luxury lifestyle. Ideally in the heart of downtown Sarasota, this exceptional residence places you moments from world-class dining, boutique shopping, theaters, art galleries and the city’s vibrant cultural scene. Luxury waterfront living meets modern downtown convenience in one of Sarasota’s sought-after addresses.
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
2024
Stories
18
Living Area
2,359 sq ft
Garage Spaces
2
Ownership
Condominium
Days on Market
7
MLS® Listing#
A4692948
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Laundry
Construction
Foundation
Roof
Community
Utilities
Sewer
Water Source
Rooms
- Bathroom 2First
- Bathroom 3First
- Bedroom 212x11.3First
- Bedroom 39.6x15.6First
- Dining Room12.9x14.3First
- Kitchen11x23First
- Laundry6.1x9First
- Living Room15x15.7First
- Master Bathroom10.1x13.6First
- Master Bedroom13.3x14.7First
Financial Details
HOA
None
Parcel Number
2027057001
Directions
From the intersection of US-41 (Tamiami Trail) and Fruitville Road in downtown Sarasota: Head south on US-41/Tamiami Trail for about 2 blocks. Turn left onto Main Street. Turn right onto South Palm Avenue. The DeMarcay Residences will be on your left at 33 S Palm Ave.
Affordability Calculator
$399,000
Estimated monthly payment
$10,618/mo
Principal $1,596,000 · Est. interest $2,226,562 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in SARASOTA, FL
- $578,029
- Median Listing Price
- 100
- Median Days on Market
- 1,680
- Median Sq Ft
- $325
- Median Price / Sq Ft
- 2,637
- Active Listings
- This home’s price is 245% above the area median.
- Its price per sq ft is 160% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in SARASOTA, FL.
Location
Points of Interest in SARASOTA, FL
Showing the SARASOTA area map.
Nearby Schools
Newtosha Studio
School · 0.7 mi away
First Presbyterian Preschool
Elementary · 0.7 mi away
Achievement Center
School · 0.7 mi away
Sarasota High School
Secondary · 0.8 mi away
Westcoast Center
School · 0.8 mi away
Sarasota School of Arts and Sciences
Secondary · 0.9 mi away
Ringling College of Art and Design
Secondary School · 0.9 mi away
Suncoast School
Elementary · 0.9 mi away
Angel's Friend Child Development
School · 1.0 mi away
Agape Christian School
School · 1.3 mi away
Alta Vista Elementary School
Elementary · 1.4 mi away
Southside Elementary School
Elementary · 1.6 mi away
Community Day School
School · 1.6 mi away
Tuttle Elementary School
Elementary · 1.9 mi away
Emma E. Booker Elementary School
Elementary · 2.2 mi away
Brookside Middle School
Secondary · 2.2 mi away
Bay Haven School of Basics Plus
Elementary · 2.3 mi away
Booker High School
Secondary · 2.4 mi away
Sarasota Acceleration Academies
Secondary · 2.6 mi away
Palm Grove Mennonite Church
School · 2.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2516 BROWNING STREET, SARASOTA, FL | $1,399,000 | 5 | 5 | 2,746 |
| 140 COWPEN LANE, SARASOTA, FL | $1,399,999 | 3 | 3 | 3,115 |
| 888 BLVD OF THE ARTS 104, SARASOTA, FL | $1,400,000 | 2 | 2 | 1,729 |
| 5880 MIDNIGHT PASS ROAD 704, SARASOTA, FL | $1,400,000 | 2 | 2 | 1,498 |
| 2528 TOM MORRIS DRIVE, SARASOTA, FL | $1,425,000 | 4 | 3 | 3,361 |
| 4584 CEDRON COURT, SARASOTA, FL | $1,429,900 | 3 | 4 | 2,976 |
Moving Cost Estimate
EXIT Agents in SARASOTA
Listing Courtesy: PREMIER SOTHEBY'S INTERNATIONAL REALTY - 941-364-4000
Last Updated: 2026-05-27