$1,395,000
33 Palm Avenue
Sarasota, FL 34236
Listing updated: July 18, 2026 at 6:51 AM ET
Listing courtesy of Premier Sotheby'S International Realty · Thomas Hedge, JR · MLS #A4700305 · Active · 941-364-4000Property type
Year built
Price / sq ft
HOA dues
Day on market
Garage space
Flood zone
About this home
Experience refined downtown living from the 15th floor of The DeMarcay, one of Sarasota's premier luxury condominium residences. Perfectly positioned in the heart of downtown, this exceptional two-bedroom, two-bath residence offers the ultimate walkable lifestyle, placing world-class dining, boutique shopping, art galleries, theaters, the Sarasota Opera, Whole Foods, the Saturday Farmers Market, and the city's vibrant cultural scene just outside your door. Just a short stroll away, Sarasota Bay, Marina Jack, Bayfront Park, and O'Leary's Tiki Bar provide endless opportunities to enjoy waterfront dining, boating, and spectacular Gulf Coast sunsets. Inside, the residence showcases sophisticated contemporary design with an open-concept floor plan highlighted by a stunning chef's kitchen featuring quartz countertops, a waterfall island, and seamless flow into the dining and living areas. Floor-to-ceiling windows and the private terrace capture beautiful city views along with a picturesque peek of Sarasota Bay. A custom-built entertainment wall and elegant dry bar with wine refrigeration create the perfect setting for entertaining, while porcelain tile flooring, designer lighting, and premium finishes elevate every space. The spacious primary suite offers a custom walk-in closet and a beautifully appointed spa-inspired bath. Residents of The DeMarcay enjoy an exceptional luxury lifestyle with concierge service, valet parking, the secure Butterfly entry system, a state-of-the-art fitness center, owner's storage, and a spectacular rooftop amenity level featuring a resort-style pool, outdoor kitchen, club room, and panoramic views of Sarasota's skyline and bay. This is a rare opportunity to enjoy sophisticated, maintenance-free living with the very best of downtown Sarasota just steps from your front door.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: ActiveJul 17, 2026
- Listed$1,395,000Jul 17, 2026
- Price increased$1,395,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 1
- Cumulative DOM
- 166
- Subdivision
- Demarcay
- County
- Sarasota
- Year built
- 2024
- Living area
- 1,122 sq ft
- Price/sq ft
- $1,243
- Building area
- 1,237 sq ft (Public Records)
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- AE/X
- Garage
- 1 spaces
- Annual taxes
- $14,396 (2025)
- Parcel #
- 2027057033
- Zoning
- DTB
- MLS #
- A4700305
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Tile
- Appliances
- Convection Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Interior features
- Dry Bar, Kitchen/Family Room Combo, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Natural Gas
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- No
- Parking features
- Circular Driveway, Valet
HOA & Financial
- Total monthly fees
- $1,700/mo
- Total annual fees
- $20,400
- HOA name
- First Service Residential / Tammie Cunningham
- CDD
- No
- Min lease term
- 3 Months
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Minimum lease is three months, four times per year.
- Approval process
- Application and fee required.
Exterior & Construction
- Exterior features
- Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Sidewalk, Sliding Doors
- Construction materials
- Concrete, Stucco
- Roof
- Concrete
- Foundation
- Pillar/Post/Pier
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Natural Gas Connected
Community
- Pets allowed
- Breed Restrictions, Number Limit, Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Kitchen | First | |
| Primary Bedroom | First | |
| Primary Bathroom | First | |
| Bedroom 2 | First | |
| Bathroom 2 | First | |
| Balcony/Porch/Lanai | First | 14x9 |
Listing Details
- Listing date
- 2026-07-13
- On market date
- 2026-07-17
- Original list price
- $1,395,000
- Occupant type
- Owner
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-07-17
- Tax legal description
- Unit 1503, Demarcay, C8 50 PG 52-70
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
South on US41 toward Sarasota Downtown Bayfront, turn left at Main street traffic light, at the first four way stop, turn right onto Palm Ave. The Demarcay is second building on left, park on street (paid parking).
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information 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.
Based on information submitted to the MLS GRID as of July 18, 2026 at 6:51 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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