33 S Palm Ave #1503, photo 1
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Overview

2 bd2 ba1,122 sqft1 car garageCondominium
TypeCondominium
HOANone listed
Built2024
Living area1,122 sqft
Price / sqft$1,243
Garage1 car

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About this home

Dry BarKitchen/Family Room ComboSplit BedroomVaulted Ceiling(s)Walk-in Closet(s)BalconyLightingOutdoor Grill

33 S Palm Ave #1503 is a 2024-built home in Demarcay, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,122 square feet of living space. Listed at $1,395,000 (about $1,243/sqft), 89 days on market. Flood zone AE/X - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
2024
Price / sqft
$1,243
On market
89 days
Annual tax
$14,396
Flood zone
AE/X
Type
Condominium

At a glance

High-rise condo
18 stories · 2024
Water + city views
City
Community pool
Shared amenity
1 car garage
Valet available
Private balcony
Outdoor space

Payment

Est. monthly payment
$9,172/mo
Down payment (20%)
$279,000
Property taxes
$1,200/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
2024
Lot
-
Cooling
Central Air
Heating
Natural Gas
Parking
Circular Driveway, Valet
Days on Market
89
Dry Bar
Kitchen/Family Room Combo
Split Bedroom
Vaulted Ceiling(s)
Walk-in Closet(s)
Balcony
Lighting
Outdoor Grill
Outdoor Kitchen
Sidewalk
Sliding Doors
Community Mailbox
Pool
Sidewalks
Convection Oven
Dishwasher
Disposal
Dryer
Gas Water Heater
Microwave
Range
Range Hood
Refrigerator
Washer
Wine Refrigerator
Elementary
Southside Elementary
Middle
Booker Middle
High
Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE/X
Annual Tax (2025)
$14,396
Parcel #
2027057033

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Demarcay
County
Sarasota
MLS Area
34236 - Sarasota
Lot Size
-
Near Public TransitSidewalkPaved

Price history

Date
Event
Price
7/13/2026
Listed for sale
Source: Stellar MLS #A4700305
$1,395,000
$1,243/sqft

Neighborhood

33 S Palm Ave #1503
Sarasota, FL, 34236 · 34236 - Sarasota

Market insights

Offer Insights

Choose an offer strength

List price: $1,395,000
$1.34M – $1.40M
95.9% – 100% of listTops out right at the list price
80% of listList price
83 of the last 165 condo closings in 34236 landed at this number or higher (50%). The median one sat 72 days before it went under contract, and this one is on day 89.

Sample: 165 closed condo sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$9,173/mo
Principal & interest$7,275
Property taxes$1,200
Insurance$698
Down payment20% · $279,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,395,000

$1,243 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,122 sq ft

Time on market

89 days

Year built

2024

Monthly payment

About $9,172/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $14,396 annual tax bill, insurance.

Flood zone

Zone AE/X

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byPREMIER SOTHEBY'S INTERNATIONAL REALTYListing agent: Thomas Hedge, JRListing data from Stellar MLS, MLS# A4700305.

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