Residential Property - Condominium in Sarasota
Listing Price: $1,875,000 (Mortgage Calculator →)
Description of Property
Penthouse Luxury at The DeMarcay – Never-Lived-In, Fully Furnished 2BR with Water Views. Introducing a rare opportunity to own a never-lived-in penthouse-level residence at The DeMarcay, 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 sweeping views of the bay, bridge and downtown Sarasota, meticulous designer finishes, and a truly elevated living experience. Soaring 14-foot ceilings and expansive windows create an airy, light-filled interior, enhanced by electronic privacy window treatments throughout and blackout window treatments in the primary bedroom for ultimate comfort. The open-concept living space features Italian cabinetry, quartz countertops, and Miele appliances including a gas cooktop. Built-out closets and a walk-in pantry add both style and function, while upgraded engineered hardwood and porcelain tile flooring throughout completes the modern aesthetic. Step onto the private terrace to enjoy sweeping 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 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.
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,683
Garage: Yes1 vehicles
Carport: No
Parking Features:
- Alley Access
- Assigned
- Circular Driveway
- Covered
- Driveway
- 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: 2
Bathrooms: 2
Sq. Ft. Gross: 1,683
Sq. Ft. Living Area: 1,562
Cost per (heated) sqare foot: $1,200
Year built: 2024
Annual Tax: $92,292
HOA Fee: $1,992 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
- Pool Maintenance
- Sewer
- Trash
- Water
Interior Features:
- High Ceilings
- L Dining
- Open Floorplan
- Stone Counters
Appliances:
- Built-In Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Exhaust Fan
- Microwave
- Range
- Range Hood
- Refrigerator
- Washer
Accessibility Features:
Window Features: Insulated Windows, Low-Emissivity Windows
Additional Rooms: Inside Utility
Ceiling Type:
Flooring: Engineered Hardwood, Porcelain Tile
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
- Heated
- In Ground
- Lighting
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View: Bay/Harbor - Full
Exterior & Construction
Architectural Style:
- Historical
- Other
- Mediterranean
Construction: Concrete, Stucco
Foundation: Slab
Roof: Concrete
Exterior Features: Balcony
Garage: Yes
Garage Spaces: 1
- Alley Access
- Assigned
- Circular Driveway
- Covered
- Driveway
- Portico
- Valet
Floors Total: 18
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Covered, Patio
Security Features:
- Fire Alarm
- Fire Sprinkler System
- Gated Community
- Smoke Detector(s)
Other Structures:
View: City, Water
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features:
- Association Recreation - Lease
- Deed Restrictions
- Fitness Center
- Pool
Association Amenities:
- Clubhouse
- Elevator(s)
- Fitness Center
- Gated
- Lobby Key Required
- Maintenance
- Pool
Lot Information
Lot Features:
Front Exposure: Northwest
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 20270500061702
Pets Allowed/Pet Policies: Breed Restrictions, Yes
Tax Legal Desc.: Lot 3, BLK B, Resub of Blks C& D, Plat of Sarasota, Gillespie Place, Plat Book 1 page 11A and Lot 4, BLK B, Resub of Blks C & C, Plat of Sarasota.
Section: 19
Range: 18
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.