Property
ActiveCondo
1/60
$1,995,000

33 S PALM AVENUE 701

Sarasota, FL 34236
3
Beds
4
Baths
2,229
SqFt
0
Acres
STELLAR
#A4692948
Updated: Jun 3, 2026, 4:53pm

Property 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.
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Included Appliances
Built-In OvenCooktopDishwasherDisposalDryerExhaust FanFreezerMicrowaveRange HoodRefrigeratorWasher

Property Details

Highlights
View
Yes
Interior
Appliances
Built-In OvenCooktopDishwasherDisposalDryerExhaust FanFreezerMicrowaveRange HoodRefrigeratorWasher
Bathrooms Total Decimal
3.5
Building Area Total
2359
Cooling
Central Air
Floor Number
7
Flooring
Porcelain Tile
Furnished
Unfurnished
Heating
Central
Interior Features
Eating Space In KitchenHigh CeilingsOpen FloorplanWalk-In Closet(s)
Laundry Features
InsideLaundry Room
Living Area
2229
Rooms Total
10
Window Features
Shades
Construction
Building Area Source
Builder
Building Area Units
Square Feet
Construction Materials
ConcreteStucco
Direction Faces
West
Foundation Details
Slab
Levels
One
Living Area Source
Builder
Living Area Units
Square Feet
Roof
Concrete
Stories Total
18
Year Built
2024
Site & Exterior
Covered Spaces
2
Exterior Features
Balcony
Flood Zone Code
AE
Garage Spaces
2
I D X Participation
Yes
Parking Features
Valet
Pool Features
HeatedLightingSalt Water
Road Surface Type
Paved
Sewer
Public Sewer
Utilities
PublicSewer Connected
View
CityWater
Water Source
Public
Water View
Yes
Financials
Association Fee Frequency
Monthly
Association Fee Includes
24-Hour GuardCommunity PoolEscrow Reserves FundGasInsuranceInternetMaintenance StructureManagerPest ControlPool MaintenanceSewerTrashWater
Calculated List Price By Calculated Sq Ft
895.02
Condo Fees
3119
Condo Fees Term
Monthly
Contract Status Change Date
2026-05-27
Current Price
1995000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
3 Months
Monthly Condo Fee Amount
3119
Owner Name
ON RECORD
Ownership
Condominium
Parcel Number
2027057001
Tax Legal Description
UNIT NO. 701, OF THE DEMARCAY, A CONDOMINIUM, ACCORDING TO THE DECLARATION OF CONDOMINIUM RECORDED IN OFFICIAL RECORDS INSTRUMENT NO. 2024140179 AND AS PER CONDOMINIUM BOOK 50, PAGE 52, OF THE PUBLIC RECORDS OF SARASOTA COUNTY, FLORIDA., AND ANY AMENDMENTS THERETO, TOGETHER WITH ITS UNDIVIDED SHARE IN COMMON ELEMENTS.
Tax Year
2024
Total Annual Fees
37428
Total Monthly Fees
3119

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Buyer to verify any lease restrictions.
Association Approval Required
Yes
Association Name
Edward Bustamante
Association Phone
866- 378- 1099
Community Features
Deed RestrictionsFitness CenterPool
Lease Restrictions
Yes
M L S Area Major
34236 - Sarasota
Max Pet Weight
150
Number Of Pets
3
Pet Restrictions
Please review condominium docs Rules and Regulations.
Pet Size
Extra Large (101+ Lbs.)
Pets Allowed
Yes
S W Subdiv Community Name
Sarasota Town Of
Subdivision Name
THE DEMARCAY
Listing provided courtesy of STELLAR via IDX. Updated: Jun 3, 2026, 4:53pm.
Roberta Tengerdy, PA

Listing Agent

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Call Agent