$50, 000 CREDIT AT CLOSING TOWARD BLINDS AND CLOSET BUILD-OUTS. In the heart of Downtown Sarasota, at the coveted corner of Main Street and Palm Avenue, this Penthouse Collection residence on the 15th floor of the newly built DeMarcay rises above the city with sweeping views of downtown, Sarasota Bay, Big Pass, and onward to the Gulf of Mexico. Step outside and walk to art galleries, acclaimed restaurants, boutiques, theaters, the farmers' market, the city marina, wellness studios and live music. When the beach calls, St. Armands Circle and Lido Beach are just three miles over the Ringling Bridge. DeMarcay elevates downtown living with resort-style amenities crowned by an 18th-floor bi-level terrace featuring 360-degree vistas. Residents enjoy a state-of-the-art fitness center, an owners' lounge, outdoor kitchen, and an impressive pool terrace designed for sunset gatherings and entertaining, supported by 24/7 on-site staff for personalized service. Bayside on the 15th floor, this 3, 407-square-foot residence offers three private bedroom suites, a separate office/den, powder room, open living and dining, laundry, and a private bayfront balcony. Volume ceilings and expansive windows bring in natural light and frame the water-and-sky backdrop throughout. The chef's kitchen pairs imported Italian cabinetry with quartz countertops, a Miele five-burner gas cooktop, and integrated Miele appliances. The primary suite is a serene retreat with a spa-inspired bath featuring designer Italian cabinetry, porcelain undermount sinks, a soaking tub, and a generous walk-in shower. An 18-story boutique community of only 39 residences, DeMarcay blends contemporary architecture with Sarasota's heritage, thoughtfully preserving and restoring the historic facades of the original DeMarcay Hotel (1922) and the Roth Cigar Factory (19231938). A rare opportunity to live at Sarasota's most walkable crossroadselevated, effortless and distinctly downtown.
Property Features
Other Rooms
- Total Rooms: 10
- Laundry Dimensions: 9' x 6'
- Laundry Level: First
- Office: Yes
- Entry Foyer Dimensions: 19' x 5'
- Living Room Dimensions: 16' x 24'
- Office/Study Room Dimensions: 16' x 11'
- Entry Foyer Level: First
- Living Room Level: First
- Office/Study Room Level: First
Appliances
- Built-In Oven
- Convection Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Exhaust Fan
- Microwave
- Range Hood
- Refrigerator
- Washer
- Wine Refrigerator
- Laundry Features: Laundry Room
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 19' x 15'
- Bedroom 2 Dimensions: 14' x 13'
- Bedroom 3 Dimensions: 14' x 12'
- Primary Bedroom Level: First
- Bedroom 2 Level: First
- Bedroom 3 Level: First
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- 1/2 Bathrooms: 1
- Primary Bathroom Dimensions: 13' x 10'
- Primary Bathroom Level: First
Interior Features
- Eat-in Kitchen
- High Ceilings
- Open Floorplan
- Stone Counters
- Thermostat
- Walk-In Closet(s)
- Flooring: Tile
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Dining Room Dimensions: 15' x 24'
- Dining Room Level: First
- Kitchen Dimensions: 23' x 11'
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Sidewalk
- Sliding Doors
- Storage
- Patio And Porch Features: Covered, Patio
- Road Surface Type: Asphalt
- Patio: Yes
Land Info
- Additional Parcels: No
- Lot Description: City Limits, Near Marina, Near Public Transit, Sidewalk
- Lot Size Acres: 0.2
- Lot Size Square Feet: 8712
Manufactured and Mobile Info
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 2
- Parking Features: Assigned, Circular Driveway, Covered, On Street, Portico, Valet
Home Features
- View: Bay/Harbor - Full, Gulf/Ocean - Partial, City, Water
- Security Features: Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
Homeowners Association
- Association: No
- Association Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Management, Pest Control, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 4479
- Association Name: Edward Bustamante
- Association Phone: 8663781099
- Pets Allowed: Yes
School Information
- Elementary School: Southside Elementary
- High School: Sarasota High
- Middle School: Booker Middle
Condo Info
- Unit Floor In Building: 15+
Rental Info
- Lease Term: Minimum Lease: 3 Months
Amenities and Community Features
- Community Features: Clubhouse, Deed Restrictions, Fitness Center, Pool, Sidewalks
Other Property Info
- Source Listing Status: Active
- County: Sarasota
- Directions: From I75, take the Fruitville Avenue exit headed west. Make a left onto Washington Blvd. Make a right onto Main Street. Make a left onto Palm Ave and the Demarcay will be on the left hand side.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34236 - Sarasota
- Property Subtype: condo
- Source Neighborhood: DEMARCAY
- Parcel Number: 2027057031
- Postal Code Plus 4: 5610
- Subdivision: DEMARCAY
- Zoning: DTB
- Property Features: Condo Fees: 4479, Condo Fees Term: Monthly
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 3407
- Year Built: 2024
- Builder Name: Voeller Construction
- Building Area Source: Builder
- Building Area Total: 3661
- Building Name: DEMARCAY
- Construction Materials: Concrete, Stucco
- Direction Faces: Southwest
- Foundation Details: Pillar/Post/Pier
- Levels: One
- Living Area Source: Builder
- Living Area Units: Square Feet
- New Construction: Yes
- Property Age: 2
- Property Condition: Completed
- Roof: Concrete
- Levels or Stories: One
- Structure Type: Corner Unit, High Rise
- Total Area Sqft: 3407
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- BB/HS Internet Available
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source: Public
