4 Beds
4.5 Baths
6,814 SqFt
Acre Lot
Sqft Lot
Open House
Wed February 1st  12:30pm — 3:00pm
Sat February 4th  12:30pm — 3:00pm
Wed February 8th  12:30pm — 3:00pm
Wed February 15th  12:30pm — 3:00pm
Sat February 18th  12:30pm — 3:00pm
Status Active
Property Type Condominium
Price Type
Year Built 2023
Neighborhood The Demarcay
Days on Website 96

Property Map

$12,500,000 – 33 S Palm Avenue Unit 1601, Sarasota, FL 34236

Street View



One or more photo(s) has been virtually staged. Under Construction. Work with our architect to create a two-story bespoke residence to meet your every need. Enjoy expansive water views in this 4 bedroom home that has 3 additional customizable rooms where you can create your dream library, wine room, home theatre, etc. There is a formal guest suite on the second level and a full-service guest quarters with kitchenette on the first level. The DeMarcay is an 18-story intimate boutique condo tower located in downtown historical Sarasota. The rooftop pool offers sweeping views of the bay and city coupled with a state-of-the-art outdoor kitchen, beautiful clubhouse and four terraces perfect for entertaining. 24/7 staff on site to provide resident services. Wonderful downtown location tucked amongst the most coveted galleries, restaurants, shops, & theaters (while still being close to the Marina) puts the 39 private residences at The DeMarcay in one of the best locations for walkability! This reinvention of the 1922 DeMarcay Hotel artfully pays homage to its past while claiming its place as one of the few modern buildings of its type in this location. Delivery scheduled for Fall of 2023. 4 parking spaces included. Note: Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.

Property Details and Features


  • Building Name Number: THE DEMARCAY
  • Living Area Meters: 633.04
  • Room Count: 11
  • Building Area Total: 7322
  • Building Area Units: Square Feet
  • Construction Materials: “Concrete”
  • Direction Faces: Southwest
  • Levels: “Two”
  • Living Area: 6814
  • Stories Total: 18
  • Year Built: 2023


  • Total Annual Fees: $81,960
  • Total Monthly Fees: $6,830


  • Water View: Bay/Harbor – Full

Home Owner’s Association

  • Association Email: sales@thedemarcay.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: 1
  • Monthly HOA Amount: $6,830
  • Association Fee Frequency: Monthly
  • Association Fee Includes: “Pool”, “Escrow Reserves Fund”, “Gas”, “Insurance”, “Maintenance Structure”, “Management”, “Pest Control”, “Pool”, “Sewer”, “Trash”, “Water”
  • Association Fee: $6830
  • Association Name: FirstService Residential

Interior Features

  • Building Elevator
  • Interior Features: “Elevator”, “High Ceilings”, “Open Floorplan”, “Walk-In Closet(s)”


  • Available For Lease
  • Minimum Lease: 3 Months
  • Calculated List Price By Calculated Sq Ft: $1,834
  • Unit Number: 1601


  • Number Times per Year: 4

Pets Policy

  • Number Of Pets: 2
  • Pet Restrictions: See condo docs.
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 150
  • Pets Allowed: “Yes”


  • Pool Dimensions: 29×17
  • Pool Features: “Heated”, “Lighting”, “Salt Water”


  • Property Description: High Rise
  • Patio and Porch Features: “Covered”
  • Property Condition: “Under Construction”

Additional Rooms

  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Great Room,Inside Utility,Interior In-Law Suite,Media Room,Storage Rooms

Property Access

  • Road Surface: “Asphalt”

Appliances and Equipment

  • Appliances: “Built-In Oven”, “Convection Oven”, “Cooktop”, “Dishwasher”, “Disposal”, “Dryer”, “Exhaust Fan”, “Freezer”, “Microwave”, “Range”, “Range Hood”, “Refrigerator”, “Washer”, “Wine Refrigerator”


  • 4 full bathrooms
  • 1 half bathroom


  • Bedrooms Total: 4


  • Community Features: “Deed Restrictions”, “Pool”


  • Cooling: “Central Air”


  • Disclosures: “HOA/PUD/Condo Disclosure”

Exterior Features

  • Exterior Features: “Balcony”


  • Flooring: “Tile”


  • Foundation Details: “Slab”


  • Attached Garage Yn: t
  • Garage Spaces: 4


  • Heating: “Central”


  • Laundry Features: “Inside”, “Laundry Room”


  • County or Parish: Sarasota
  • Subdivision: THE DEMARCAY


  • View: “City”, “Water”


  • Parking Features: “Assigned”, “Circular Driveway”, “Covered”, “Driveway”, “Guest”, “Off Street”, “Portico”, “Valet”


  • Roof: “Concrete”


  • Sewer: “Public Sewer”


  • Utilities: “Public”
  • Water Source: “Public”

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This content last updated on January 29, 2023 11:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.