Residential Property - Condominium in Sarasota
Listing Price: $4,300,000 (Mortgage Calculator →)Cumulative Days on Market: 335
Description of Property
$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 (1923–1938). A rare opportunity to live above it all: At the city’s most walkable crossroads surrounded by water, culture and coastal ease.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Demarcay
Bedrooms: 3
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 3,661
Sq. Ft. Living Area: 3,407
Cost per (heated) sqare foot: $1,262
Year built: 2024
Condo Fee: $4,479 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Wine Refrigerator
Additional Rooms: Den/Library/Office
Flooring: Porcelain Tile
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Stucco
Foundation: Pillar/Post/Pier
Roof: Concrete
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 2
Parking Features: Valet
Floors Total: 18
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Patio
Security Features: Smoke Detector(s)
Other Structures:
View: Water
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: Sidewalks
Lot Information
Lot Features: Sidewalk
Front Exposure: Southwest
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 2027057034
Zoning: DTB
Pets Allowed/Pet Policies: Yes
New Construction: Yes
Tax Legal Desc.: UNIT 1601, DEMARCAY, CB 50 PG 52-70
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY. 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.