Penthouse Luxury at The DeMarcay – Introducing a rare opportunity to own a new construction, never-lived-in Penthouse Residence with sweeping water views that can be purchased furnished or unfurnished. The DeMarcay is an 18-story boutique condominium perfectly positioned on prestigious Palm Avenue in downtown Sarasota. This 2-bedroom, 2-bath home on the 17th floor offers expansive views of the bay, bridge and downtown Sarasota, meticulous designer finishes, and a truly elevated living experience. Soaring 14-foot ceilings and over-sized windows create an airy, light-filled interior, enhanced by custom electronic privacy window treatments throughout and blackout window treatments in the primary bedroom for ultimate comfort. The open concept living space features a kitchen with Italian cabinetry, quartz countertops, and Miele appliances including a gas cooktop. Custom built-out closets and walk-in pantry add both style and function, while upgraded engineered hardwood and porcelain tile flooring completes the modern aesthetic. Step onto the private terrace to enjoy breathtaking vistas of Sarasota and the bay. Head to the 18th-floor rooftop to indulge in unobstructed 360-degree views, a heated saltwater pool, outdoor kitchen, and spacious outdoor entertainment areas. Inside, you'll find a fitness center and elegant club room with a dining space, lounge area, and catering kitchen. With 24/7 on-site staff, The DeMarcay offers a truly turn-key, lock-and-leave lifestyle—perfect for full-time residents or seasonal escapes. Don't miss your chance to own a pristine, high-design penthouse in the heart of Sarasota’s cultural and dining district.
Property Features
Other Rooms
- Total Rooms: 7
- Primary Bathroom: 13 x 10.6
- Primary Bathroom Level: First
- Living Room Dimensions: 16 x 14
- Living Room Level: First
- Extra Room-1 Description: Inside Utility
Appliances
- Built-In Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Exhaust Fan
- Freezer
- Microwave
- Range
- Range Hood
- Refrigerator
- Washer
- Laundry Features: Inside, Laundry Room
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 11.4 x 14.1
- Bedroom 2 Dimensions: 11 x 9
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Eat-in Kitchen
- High Ceilings
- Kitchen/Family Room Combo
- L Dining
- Open Floorplan
- Solid Surface Counters
- Solid Wood Cabinets
- Walk-In Closet(s)
- Flooring: Hardwood, Tile
- Window Features: Insulated Windows, Low-Emissivity Windows
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
- Dining Room Dimensions: 9.3 x 11.8
- Dining Room Level: First
- Kitchen Dimensions: 14 x 9
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Covered, Patio
- Road Surface Type: Paved
Waterfront and Water Access
- Water Features: Bay/Harbor
Pool and Spa
- Pool Features: Heated, Salt Water
Manufactured and Mobile Info
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 1
- Parking Features: Assigned, Circular Driveway, Covered, Driveway, Off Street, Portico, Valet
Land Info
- Lot Description: City Limits, Near Marina, Near Public Transit, Sidewalk
- Lot Size Acres: 0.02
- Lot Size Square Feet: 871
Home Features
- View: City, Water
- Security Features: Fire Alarm, Fire Sprinkler System, Gated Community, Smoke Detector(s)
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Security, Wheelchair Access
- Association Fee: 1992
- Association Fee Frequency: Monthly
- Association Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 1992
- Association Name: Edward Bustamante
- Association Phone: 8663781099
- Pets Allowed: Breed Restrictions, Yes
- Pet Description: Pet Restrictions: See condo docs, Pet Size: Extra Large (101+ Lbs.), Max Pet Weight: 200, Number Of Pets: 3
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: Association Recreation - Owned, Clubhouse, Deed Restrictions, Fitness Center, Pool, Wheelchair Access
Other Property Info
- Tax Block: B
- Source Listing Status: Active
- County: Sarasota
- Directions: From North on 41 in Downtown Sarasota turn right on Main Street and right on Palm Avenue. The site is located at 33 S. Palm Avenue. Street parking available.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34236 - Sarasota
- Property Subtype: condo
- Source Neighborhood: THE DEMARCAY
- Parcel Number: 2027050006-1702
- Public Survey Range: 18
- Public Survey Section: 19
- Subdivision: THE DEMARCAY
- Township: 36
- Property Features: Condo Fees: 0 null
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1562
- Year Built: 2024
- Building Area Source: Builder
- Building Area Total: 1683
- Building Name: THE DEMARCAY
- Construction Materials: Concrete, Stucco
- Direction Faces: West
- Foundation Details: Slab
- Levels: One
- Living Area Source: Builder
- Living Area Units: Square Feet
- New Construction: Yes
- Property Age: 1
- Property Condition: Completed
- Roof: Concrete
- Levels or Stories: 18
- Building Total Stories: 18
- Structure Type: High Rise
- Elevator: Yes
- Architectural Style: Contemporary, Historic
Utilities
- Sewer: Public Sewer
- Natural Gas Connected
- Public
- Water Source: Public