$50, 000 CREDIT TOWARD BLINDS AND CLOSET BUILD-OUTS. Penthouse Collection residence on the 16th floor of the newly built DeMarcay, capturing commanding vistas over downtown Sarasota, Sarasota Bay, Big Pass and the Gulf. Perfectly positioned at the corner of Main Street and Palm Avenue, this address places art galleries, acclaimed dining, boutiques, theaters, the farmers' market, the city marina, wellness studios and live music within an easy stroll. Plus, St. Armands Circle and Lido Beach are just three miles across the Ringling Bridge. DeMarcay sets a new benchmark for downtown living with elevated, resort-inspired amenities crowned by an 18th-floor bi-level terrace with 360-degree views. Residents enjoy a state-of-the-art fitness center, club lounge, outdoor kitchen, and a spectacular pool terrace designed for sunset lounging and entertaining, supported by dedicated on-site staff available 24/7 for personalized service. Bayside on the 16th floor, this elegant 3, 407-square-foot residence offers three private bedroom suites, a separate office/den, powder room, open-concept living, laundry facilities, and a private bayfront balcony. Volume ceilings and expansive glass invite natural light and frame the skyline and water views throughout. The gourmet kitchen features imported Italian cabinetry, quartz countertops, a Miele five-burner gas cooktop, and integrated Miele appliances. The primary suite is a true retreat with a spa-inspired bath showcasing designer Italian cabinetry, porcelain undermount sinks, a soaking tub and a spacious walk-in shower. To personalize the home to your exact preferences, a $50, 000 credit is being offered toward blinds and custom closet build-outs. An 18-story boutique condominium of only 39 residences, DeMarcay uniquely weaves modern architecture with Sarasota history, thoughtfully preserving and restoring the iconic facades of the original DeMarcay Hotel (1922) and the Roth Cigar Factory (19231938). A rare opportunity to live above it all: At the city's most walkable crossroads surrounded by water, culture and coastal ease.
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
- 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
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 2
- Parking Features: 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, Recreational Facilities, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 4479
- Association Name: Edward Bustamante
- Association Phone: 8663781099
- Pets Allowed: Yes
Condo Info
- Unit Floor In Building: 15+
Rental Info
- Lease Term: Minimum Lease: 3 Months
Amenities and Community Features
- Community Features: Clubhouse, Fitness Center, Pool, Sidewalks
Other Property Info
- Source Listing Status: Active
- County: Sarasota
- Directions: From I75, take the Fruitville Ave 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: 2027057034
- 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: THE 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
- Phone Available
- Sewer Connected
- Water Connected
- Water Source: Public