$1,495,000
$100K PRICE DROP

Estimated payment $11,783/month

Total Views 3,288
2 Beds
2 Baths
1,562 Sq Ft
$957 Price per Sq Ft

Highlights

  • Fitness Center
  • Partial Gulf or Ocean Views
  • High Ceiling
  • Southside Elementary School Rated A
  • Open Floorplan
  • 3-minute walk to Five Points Park

About This Home

Price Improvement !!!Best price per square foot in the building. Ready for immediate occupancy, Never-Lived in 2 bedroom 2 full bath residence at the Demarcay in Downtown Sarasota. The unit features partial water views and sweeping views of the downtown skyline. Discover the pinnacle of Downtown luxury living in this exquisite 11th floor open concept unit on esteemed Palm Avenue, known for its walkability to countless restaurants and Marina Jacks. The unit features a top-of-the-line kitchen which is a chef’s dream, equipped with premium Miele appliances, a Gas Miele cooktop which is ideal for both everyday cooking and entertaining. Attention to detail with the imported Italian cabinetry and quartz countertops will be sure to please. The expansive master suite is a private sanctuary, with automatic blinds on the windows, allowing you to wake up to Sarasota’s natural beauty each day, with the click of a button. In the Master bath the same quality continues with quartz counters, imported Italian cabinets, and automatic blinds. Enjoy your oversized walk-in closet only a few steps away. The spacious living room and dining room also have newly installed electric blinds and perfect proximity to the kitchen for convenience. Step out onto the spacious balcony to experience daily sunsets over the bay and enjoy a front-row seat to Fourth of July fireworks, creating memorable experiences right from your home. This luxurious condo provides an unparalleled lifestyle with a secure parking spot where your car is taken up one of the two car elevators and parked in your own secure parking space.This residence includes a storage locker, and exclusive access to the rooftop salt water pool with 360 degree stunning bay and city views, spacious entertaining areas ,and rooftop grilling area.Pamper yourself and your pets with a pet-friendly atmosphere and entertain guests in style. The complete fitness center offers state-of-the-art equipment for an active lifestyle. On-site staff is available 24/7 providing resident services for owners whether they are in town or traveling, creating a true peace of mind and convenient feeling. Located just a short walk away from Sarasota's finest dining, upscale shopping, art galleries, and theatres, this condo epitomizes elegance, convenience, and Downtown living at its best. Embrace the Sarasota Bay lifestyle—where luxury meets convenience on Palm Avenue. one or more pictures was virtually staged

Listing Agent

Scott Curtin

CHARLES RUTENBERG REALTY INC Brokerage Phone: 866-580-6402 License #3285186 Listed on: 05/10/2025

CHARLES RUTENBERG REALTY INC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2024

Lot Details

  • Southeast Facing Home

HOA Fees

  • $1,992 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,562 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Living Room
  • L-Shaped Dining Room
  • Tile Flooring
  • Partial Bay or Harbor Views

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Private Water Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, gas, insurance, maintenance structure, management, sewer, trash, water
  • Edward Bustamante Association, Phone Number (866) 378-1099
  • The Demarcay Subdivision
  • Leased Association Recreation
  • The community has rules related to deed restrictions
  • 18-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 101 lbs
  • 3 Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2024

Lot Details

0

HOA Fees

$1,992 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Gas, Insurance, Maintenance Structure, Management, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1562
  • New Construction: No
  • Year Built: 2024
  • Building Area Total: 1683
  • Directions to Property: From North on 41 in Downtown Sarasota turn right on Main Street and right on Palm Avenue. The site is located at 33 S. Palm Avenue.
  • Status: Active
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 11
  • List Office Head Office Key Nume: 1038309
  • Minimum Lease: 3 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 957.11
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 866-580-6402
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: High Ceilings, L Dining, Open Floorplan, Stone Counters
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 18
  • Street Number Modifier: 33
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 145.11
  • Room Count: 6

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Concrete
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Lease, Deed Restrictions, Fitness Center, Pool
  • Association Fee: 1992
  • Association Fee Frequency: Monthly
  • Association Name: Edward Bustamante
  • Phone: 866-378-1099
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: see condo docs
  • Association Fee Requirement: Required
  • Building Name Number: DEMARCAY
  • Condo Land Included YN: 0
  • Max Pet Weight: 101
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: eward.bustamante@fsresidential.com
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 23904.00
  • Total Monthly Fees: 1992.00
  • Monthly HOA Amount: 1992.00

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027050006-1103
  • Additional Parcels: No
  • Flood Zone Code: A,E
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: see condo docs

Tax Info

  • Tax Lot: 4

Map

Range of Values:

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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 Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $1,495,000 -6.3% $957 / Sq Ft
05/10/2025 05/10/25 For Sale $1,595,000 +19.0% $1,021 / Sq Ft
11/08/2024 11/08/24 Sold $1,340,000 0.0% $1,091 / Sq Ft
11/08/2024 11/08/24 For Sale $1,340,000 -- $1,091 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: A4647703

Stellar MLS

APN: 2027-05-7019