$1,395,000
33 S PALM AVENUE UNIT 1503, SARASOTA, FL 34236
Beds
2
Baths
2
Sq Ft
1,122 sq ft
Year Built
2024
Lot Size
—
Garage
1
About This Property
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 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 moments from your front door.
Property Overview
Interior Features
Exterior & Lot
Utilities
Parking
HOA & Community
Financial Details
Schools
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).
Location
33 S PALM AVENUE UNIT 1503, SARASOTA, FL 34236
Listing Information
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Home Price
$1,395,000
Loan Term
Nearby Schools
Financing a Luxury Home
Specialized financing for this $1,395,000 property in SARASOTA. Luxury purchases typically require jumbo or portfolio lending.
💎
Jumbo Loan
$139,500 Down
For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.
🎖️
VA Jumbo
$0 Down
VA-eligible borrowers can go above conforming limits with zero down in many cases.
🏦
Portfolio Loan
$209,250 Down
Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.
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Bridge Loan
$279,000 Down
Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: July 20, 2026.