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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.
| DAYS ON MARKET | 68 | LAST UPDATED | 7/11/2025 |
|---|---|---|---|
| TRACT | THE DEMARCAY | YEAR BUILT | 2024 |
| COMMUNITY | 34236 - Sarasota | GARAGE SPACES | 1.0 |
| COUNTY | Sarasota | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Southside Elementary |
|---|---|
| Jr. High School | Booker Middle |
| High School | Sarasota High |
| PRICE HISTORY | |
| Prior to Jun 3, '25 | $1,875,000 |
|---|---|
| Jun 3, '25 - Jun 20, '25 | $1,750,000 |
| Jun 20, '25 - Today | $1,675,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Gas, Insurance, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water |
| APPLIANCES | Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer |
| AREA | 34236 - Sarasota |
| CONSTRUCTION | Concrete, Stucco |
| EXTERIOR | Balcony |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 1992 |
| INTERIOR | Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Walk-In Closet(s) |
| LOT | 871 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| PARKING | Assigned, Circular Driveway, Covered, Driveway, Off Street, Valet, Attached |
| POOL | Yes |
| POOL DESCRIPTION | Heated, Salt Water |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Contemporary, Historic |
| SUBDIVISION | THE DEMARCAY |
| UTILITIES | Natural Gas Available, Natural Gas Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Water, City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Lisa Allen, MICHAEL SAUNDERS & COMPANY, 941-951-6660
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 7/14/25 11:19 AM PDT.
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