Residential Property - Condominium in Sarasota
Listing Price: $5,900,000 (Mortgage Calculator →)
Description of Property
Under Construction. Ready for immediate occupancy, this stunning new construction residence is part of the Penthouse Collection The DeMarcay, an 18-story boutique condominium community of only 39 residences located in the heart of Downtown Sarasota on the highly sought-after South Palm Avenue. A central location that puts you minutes from the finest restaurants, shops, galleries and theaters. Perched on the 15th floor with unparalleled views of Sarasota Bay and the iconic Ringling Bridge, this 3,407 SF home consists of 3 bedrooms plus a den and 3.5 bathrooms, 11-foot ceilings, expansive windows and two terraces. The chef’s kitchen offers an integrated design highlighted by the custom Italian cabinetry complete with an upgraded appliance package including a gas cooktop and quartz countertops. A walk-in pantry, under-counter wine fridge, and dry bar accessible from the great room make this residence perfect for entertaining friends and family. Awaken each morning to views of Sarasota Bay from the owners’ suite which features a generous walk-in closet and a spa-inspired bathroom with floating double vanities, a frameless glass shower, a standalone soaking tub, and a private water closet. The den is conveniently located adjacent to the owners’ suite and features a separate terrace, creating the perfect space for a sitting room or home office. The interiors pictured come to life with virtually staged furnishings. An array of thoughtful amenities are found on the 18th floor rooftop - all with unobstructed 360-degree views of the Bay and downtown skyline. The outdoor amenities include a saltwater pool and lanai area, an outdoor kitchen and a generous entertaining area. Inside you will find a club room that opens up to the outdoor spaces and provides ample entertaining space including a lounge area, dining table, bar and catering kitchen, as well as a fitness center. On-site staff is available 24/7 providing resident services for owners whether they are in town or traveling, providing a true “lock and leave” lifestyle. Note: Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.
Bedrooms: 3
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 3,661
Garage: Yes2 vehicles
Carport: No
Parking Features:
- Assigned
- Circular Driveway
- Covered
- Driveway
- Guest
- Off Street
- Portico
- Valet
Spa Features:
Water Frontage:
Water Features:
Water Access:
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: The Demarcay
Bedrooms: 3
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 3,661
Sq. Ft. Living Area: 3,407
Cost per (heated) sqare foot: $1,732
Year built: 2023
Annual Tax: $3
Condo Fee: $3,831 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Community Pool
- Escrow Reserves Fund
- Gas
- Insurance
- Maintenance Structure
- Manager
- Pest Control
- Pool Maintenance
- Sewer
- Trash
- Water
Interior Features:
- High Ceilings
- Open Floorplan
- Walk-In Closet(s)
Appliances:
- Built-In Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Exhaust Fan
- Freezer
- Microwave
- Range
- Range Hood
- Refrigerator
- Washer
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Porcelain Tile
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
- Heated
- Lighting
- Salt Water
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View: Bay/Harbor - Full
Exterior & Construction
Architectural Style:
Construction: Concrete
Foundation: Slab
Roof: Concrete
Exterior Features: Balcony
Garage: Yes
Garage Spaces: 2
- Assigned
- Circular Driveway
- Covered
- Driveway
- Guest
- Off Street
- Portico
- Valet
Floors Total: 18
Floors in Unit: Three Or More
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Covered
Security Features:
Other Structures:
View: Water
Fencing:
Sewer: Septic Needed
Water Source: Public
Community Features: Deed Restrictions, Pool
Association Amenities:
Lot Information
Lot Features:
Front Exposure: Southwest
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 20270500061501
Pets Allowed/Pet Policies: Yes
New Construction: Yes
Tax Legal Desc.: Lot 3, Blk B, Resub of Blks C & D, Plat of Sarasota, Gillespie Place, Plat Book 1 page 1, 11A & Lot 4, BLK 5, Resub of Blks C&D Plat of Sarasota
Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.