33 PALM, SARASOTA, FL 34236

$1,475,000 Was $1,590,000

Beds: 2

Baths: 2 Full

Sq. Ft.: 1,562 Sq. Ft.

Year Built: 2024

Lot Size: 0.02 Acres

Garage: 1

Pool: No

DOM: 129

Property Overview

Status: Active

Property Type: Residential

MLS #: ff2ee74d0049eebde3919479e4c8d7f5

Subdivision: THE DEMARCAY

County: Sarasota

HOA Fee: $1,992 (Monthly)

Year Built: 2024

Construction: Concrete, Stucco

Foundation: Slab

Roof: Concrete

Cooling: Central Air

Heating: Central

Sewer: Public Sewer

Water Source: Public

Zoning: N/A

Tax Amount: N/A (2024)

Listed On: Oct 20, 2025

Description

Experience the pinnacle of modern elegance in this brand-new, never-lived-in penthouse at The DeMarcay—located in the heart of downtown on Palm Avenue, just steps from Sarasota’s finest dining, art galleries, and boutiques. Perched high on the 17th floor, this two-bedroom, two-bath residence captivates with panoramic views of Sarasota Bay, the Ringling Bridge, and the downtown skyline. Expansive windows and 14-foot ceilings fill the open-concept living space with natural light, creating a seamless connection between indoor luxury and breathtaking scenery. The designer kitchen is a culinary showcase, featuring Italian cabinetry, quartz countertops, and top-of-the-line Miele appliances, including a gas cooktop. Every finish reflects thoughtful sophistication—from engineered hardwood and porcelain tile flooring to custom-built closets and a spacious walk-in pantry. The neutral color palette is pleasing for any decor. Automated window treatments throughout, with blackout shades in the primary suite, give both convenience and comfort. The primary suite features an expansive walk-in closet complete with custom cabinets. Step onto your private terrace to enjoy the sunset, or retreat to the 18th-floor rooftop oasis—complete with a heated saltwater pool, outdoor kitchen, and multiple lounging areas overlooking the bay and city skyline. Additional amenities include a state-of-the-art fitness center and an elegant residents’ club room with dining, lounge, and catering kitchen. With 24/7 on-site staff, every detail of daily life is effortlessly managed. Whether you are looking for a year-round home or a seasonal escape, this pristine penthouse combines refined design, resort-style amenities, and an unmatched downtown Sarasota address. Come see it today!

Exterior Features

Balcony

Directions

US 41 to Main Street. Turn east on Main Street and then right (north) on Palm Avenue. The DeMarcay will be on your left. Turn in the driveway for valet parking. The Listing Agent will meet you in the lobby.

School Information

Elementary: Southside Elementary

Middle: Booker Middle

High: Sarasota High

Location

Get Directions View on Google Maps

Mortgage Estimator

*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.

Listing Information

Provided Courtesy of:

COMPASS FLORIDA LLC

Listing Agent: Georgia Salaverri

Information is deemed reliable but not guaranteed. Information provided is 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.

Data last updated: April 6, 2026, 4:17 am UTC

MLS Source: Stellar MLS Copyright © 2026

Similar Active Listings Nearby

Similar Recently Sold Listings Nearby