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Sold for $1,125,000
  • $1,125,000

    33 S PALM AVENUE #1403, SARASOTA, FL 34236

    2beds
    1,228sqft
    Condominium
    Built in 2024
    -- sqft lot
    $1,110,800 Zestimate®
    $916/sqft
    $5,076 Estimated rent

    Home value

    $1,110,800

    $1.01M - $1.22M

    $5,076/mo

    Zestimate® history
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    What's special

    Large islandExpansive windowsHeated saltwater poolOutdoor kitchenAbundance of natural lightPrivate terraceCity and bay views
    Welcome to the DeMarcay- an 18-story boutique condominium community on prestigious Palm Avenue, in the heart of downtown Sarasota. This impeccably designed 2-bedroom, 2-bathroom home on the 14th floor can be furnished and move-in ready- offering a seamless blend of luxury, comfort and convenience. Step inside to soaring 11-foot ceilings, elegant porcelain flooring, and expansive windows that fill the home with natural light and delightful city and bay views. The chef’s kitchen features Italian custom cabinetry, Miele appliances including a gas cooktop, sleek quartz countertops and a large island perfect for cooking and entertaining. Additional highlights include built-out closets, stylish window treatments, a custom-designed dry bar, and a temperature-controlled storage space. Relax on your private terrace and enjoy the abundance of natural light and sweeping views of Sarasota. The amenities are found on the 18th floor rooftop and include a heated saltwater pool and lanai area, an outdoor kitchen and casual entertaining space, a fitness center, and a sophisticated club room with a catering kitchen - all with unobstructed 360-degree views of the Bay and downtown skyline. On-site staff is available 24/7 providing resident services for owners and their guests. This is downtown living at its best.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Allen 312-848-1636,

    MICHAEL SAUNDERS & COMPANY 941-951-6660

    Bought with:

    Dave Hall, 3586217

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4651229MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Other, Walk-In Closet(s)
    • Level: First
    • Area: 152.55 Square Feet
    • Dimensions: 11.3x13.5
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 103.5 Square Feet
    • Dimensions: 9x11.5
    Primary bathroom
    • Features: Dual Sinks, Exhaust Fan, Rain Shower Head
    • Level: First
    • Area: 77.35 Square Feet
    • Dimensions: 8.5x9.1
    Dining room
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Kitchen
    • Features: Kitchen Island, Exhaust Fan, Pantry
    • Level: First
    • Area: 96 Square Feet
    • Dimensions: 8x12
    Laundry
    • Features: Built-In Shelving, Pantry
    • Level: First
    • Area: 59.16 Square Feet
    • Dimensions: 6.8x8.7
    Living room
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 180 Square Feet
    • Dimensions: 12x15
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
    • Flooring: Porcelain Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 1,348
    • Total interior livable area: 1,228 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Circular Driveway, Common, Covered, Off Street, Reserved, Valet
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony
    • Pool features: Heated, Salt Water
    • Has view: Yes
    • View description: Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Gulf/Ocean - Partial
    Lot
    • Size: 871 Square Feet
    • Features: City Lot, Near Marina, Near Public Transit, Sidewalk
    Details
    • Parcel number: 2027057030
    • Zoning: DTB
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary,Historical
    • Property subtype: Condominium
    Materials
    • Concrete, Stucco
    • Foundation: Pillar/Post/Pier
    • Roof: Concrete
    Condition
    • Completed
    • New construction: Yes
    • Year built: 2024
    Details
    • Builder model: F

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Public

    Community & HOA

    Community
    • Features: Association Recreation - Owned, Clubhouse, Deed Restrictions, Fitness Center, Pool, Wheelchair Access
    • Pet fee: $0 monthly
    • Subdivision: THE DEMARCAY
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool
    • Services included: 24-Hour Guard, Community Pool, Reserve Fund, Gas, Insurance, Maintenance Structure, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
    • HOA fee: $1,720 monthly
    • HOA name: Edward Bustamante
    • HOA phone: 866-378-1099
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $916/sqft
    • Tax assessed value: $982,100
    • Annual tax amount: $14,377
    • Date on market: 5/2/2025
    • Cumulative days on market: 242 days
    • Ownership: Condominium
    • Total actual rent: 0
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    1/23/2026Sold$1,125,000-3.5%$916/sqft
    Source: Stellar MLS #A4651229 Report a problem
    12/31/2025Pending sale$1,166,000$950/sqft
    Source: Stellar MLS #A4651229 Report a problem
    11/19/2025Price change$1,166,000-9.6%$950/sqft
    Source: Stellar MLS #A4651229 Report a problem
    10/16/2025Price change$1,290,000-5.8%$1,050/sqft
    Source: Stellar MLS #A4651229 Report a problem
    6/3/2025Price change$1,370,000-6.2%$1,116/sqft
    Source: Stellar MLS #A4651229 Report a problem
    5/16/2025Price change$1,460,000-5.8%$1,189/sqft
    Source: Stellar MLS #A4651229 Report a problem
    5/2/2025Listed for sale$1,550,000+25%$1,262/sqft
    Source: Stellar MLS #A4651229 Report a problem
    5/1/2025Listing removed$6,500$5/sqft
    Source: Stellar MLS #A4646628 Report a problem
    3/31/2025Listed for rent$6,500$5/sqft
    Source: Stellar MLS #A4646628 Report a problem
    3/18/2025Listing removed$6,500$5/sqft
    Source: Zillow Rentals Report a problem
    2/27/2025Price change$6,500-7.1%$5/sqft
    Source: Zillow Rentals Report a problem
    2/17/2025Listed for rent$7,000$6/sqft
    Source: Zillow Rentals Report a problem
    11/11/2024Sold$1,240,000$1,010/sqft
    Source: Stellar MLS #A4536285 Report a problem
    6/30/2022Pending sale$1,240,000$1,010/sqft
    Source: Stellar MLS #A4536285 Report a problem
    6/16/2022Listing removed--
    Source: Stellar MLS #A4536285 Report a problem
    5/22/2022Pending sale$1,240,000$1,010/sqft
    Source: Stellar MLS #A4536285 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,884 $982,100
    Find assessor info on the county website

    Neighborhood: 5 Points

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Booker Middle
    • High: Sarasota High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,110,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,110,800