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33 S PALM AVENUE UNIT 701

Condo/Co-op For Sale
$1,995,000

BTC: 31.07979625

ETH: 1,131.63238681

26 days
3 bds
3 ba
2,229 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Valet
Year Built:
2024
Lot:
No Data
Heating:
Central
Price/sqft:
$895
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,052,000
$1.8M – $2.5M
Confidence Low
List vs. estimate
$57K below estimate
List $1,995,000 · -2.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$895
+127.7% vs. city median $393
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Pool
Heated
View
City, Water
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Porcelain Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Exhaust Fan

    • Freezer

    • Microwave

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Eating Space In Kitchen

    • High Ceilings

    • Open Floorplan

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • Valet

    Property

    • Levels: One

    • Exterior Features: Balcony

    Other Property Information

    • Parcel Number: 2027057001

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Public

    • Sewer Connected

  • Other financial information

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A4692948

    Other facts

    • Construction Materials: Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Pool Features: Heated / Lighting / Salt Water

    • Window Features: Shades

    • Direction Faces: West

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2229

    • Water Source: Public

    • Subdivision Name: THE DEMARCAY

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREMIER SOTHEBY'S INTERNATIONAL REALTY