$3,495,000
NEW CONSTRUCTION $1M PRICE DROP

Estimated payment $24,884/month

Total Views 2,062
3 Beds
3.5 Baths
2,229 Sq Ft
$1,568 Price per Sq Ft

Highlights

  • Fitness Center
  • New Construction
  • Open Floorplan
  • Southside Elementary School Rated A
  • Full Gulf or Ocean Views
  • 3-minute walk to Five Points Park

About This Home

Experience elevated luxury at The DeMarcay in this brand-new, never-lived-in custom residence — a 3-bedroom, 3.5-bath sky home with a thoughtfully designed living space and breathtaking, unobstructed views of Sarasota Bay, the Gulf of Mexico, the Ringling Bridge, and Marina Jack's. From glowing sunrises to dazzling fireworks displays, your front-row seat to Sarasota’s skyline awaits.

The chef’s kitchen is a dream come true, featuring a 6-burner gas cooktop, top-of-the-line appliances, custom cabinetry, wine cooler, and a generous walk-in pantry. The expansive primary suite welcomes the morning light with serene water views and includes a spa-like bath with double vanities, a freestanding soaking tub, glass-enclosed shower, and large walk-in closet. Both secondary bedrooms offer luxurious en suite bathrooms for comfort and privacy.

No detail has been left untouched — this residence is fully outfitted with upgraded designer lighting, integrated audio, smart thermostat controls, and Lutron blackout curtains in every room. It truly lives like a single-family home in the sky.

Amenities are located on the 18th floor and feature a resort-style pool, grilling area, catering/hosting lounge, and a fully equipped fitness center — all with panoramic views. Additional conveniences include 24-hour resident services, two assigned garage parking spaces, and a private storage unit.

Set in the vibrant heart of downtown Sarasota, you’ll be just steps away from fine dining, boutique shopping, art galleries, theaters, and cultural attractions — all within easy walking distance.

This is luxury redefined. Come home to comfort, sophistication, and Sarasota’s most spectacular views.

Listing Agent

Daria Fairchild

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3106285 Listed on: 05/23/2025

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2024 | New Construction

HOA Fees

  • $2,860 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Full Gulf or Ocean
  • City

Home Design

  • Entry on the 11th floor
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,229 Sq Ft Home
  • Open Floorplan
  • Built-In Desk
  • Shelving
  • High Ceiling
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Private Water Closet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Septic Needed

Additional Features

  • Balcony
  • West Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, escrow reserves fund, gas, insurance, maintenance structure, management, pest control, sewer, trash, water
  • Edward Bustamante Association, Phone Number (866) 378-1099
  • High-Rise Condominium
  • Sarasota Town Of Community
  • The Demarcay Subdivision
  • The community has rules related to deed restrictions
  • 18-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 150 lbs
  • 3 Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$2,860 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 2229
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 2359
  • Directions to Property: South on I-75, Exit 210 West onto Fruitville Rd., Left onto N Washington Blvd, Right onto Ringling Blvd., Continue straight to stay on Ringling Blvd., Take the 1st exit onto S Pineapple Ave, Left onto Mc Ansh Square, Right onto S Palm Ave
  • Status: Active
  • Street Direction: S
  • Ownership: Condominium
  • Entry Level: 11
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 11
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 3 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 1567.97
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: High Rise
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-366-8070
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 18
  • Street Number Modifier: 33
  • Living Area Meters: 207.08
  • Room Count: 10

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Concrete
  • Pool Private: No
  • View: City, Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full,Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Pool
  • Association Fee Frequency: Monthly
  • Association Name: Edward Bustamante
  • Phone: 866- 378- 1099
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Please review condominium docs Rules and Regulations.
  • Association Fee Requirement: None
  • Building Name Number: THE DEMARCAY
  • Condo Fees: 2860
  • Condo Land Included YN: 0
  • Max Pet Weight: 150
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 2860
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 34320.00
  • Total Monthly Fees: 2860.00

Lot Info

  • Parcel Number: 2027050006-1102
  • Additional Parcels: No
  • Flood Zone Code: A,E
  • Homestead YN: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer to verify any lease restrictions.

Tax Info

  • Tax Lot: 0

Multi Family

  • Approval Process: Buyer to verify approval process.

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- -- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2025 09/17/25 Price Changed $3,495,000 -12.5% $1,568 / Sq Ft
07/16/2025 07/16/25 Price Changed $3,995,000 -11.2% $1,792 / Sq Ft
05/23/2025 05/23/25 For Sale $4,500,000 +114.8% $2,019 / Sq Ft
12/02/2024 12/02/24 Sold $2,095,000 0.0% $1,024 / Sq Ft View Prior Sale
11/11/2021 11/11/21 Pending -- -- --
10/22/2021 10/22/21 Off Market $2,095,000 -- --
05/05/2021 05/05/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $2,105,000 -- $1,029 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: A4653446

Stellar MLS

APN: 2027-05-7017