$1,550,000
OPEN SAT 11:30AM - 1:30PM

Estimated payment $11,720/month

Total Views 905
2 Beds
2 Baths
1,228 Sq Ft
$1,262 Price per Sq Ft

Highlights

  • Valet Parking
  • Fitness Center
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Property is near a marina
  • 3-minute walk to Five Points Park

About This Home

Welcome to the DeMarcay- an 18-story boutique condominium community located on Palm Avenue, in the heart of downtown Sarasota. This beautiful 2 bedroom, 2 bathroom home on the 14th floor comes fully appointed and furnished. The residence features 11-foot ceilings, Italian cabinetry, Miele appliances including a gas cooktop, porcelain floors throughout, quartz countertops, built-out closets, and a custom dry bar. Relax on the terrace and enjoy the abundance of natural light and sweeping views of Sarasota. An array of thoughtful amenities are found on the 18th floor rooftop - all with unobstructed 360-degree views of the Bay and downtown skyline. The outdoor amenities include a heated, saltwater pool and lanai area, an outdoor kitchen and a generous entertaining area. Inside you will find a fitness center and sophisticated club room with a lounge area, dining table, bar and catering kitchen where you can entertain guests or just enjoy the views and sense of community that the DeMarcay has to offer. On-site staff is available 24/7 providing resident services for owners whether they are in town or traveling, offering a true “lock and leave” lifestyle.

Listing Agent

Lisa Allen

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3503873

MICHAEL SAUNDERS & COMPANY

Open House Schedule

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2024

Lot Details

  • Southeast Facing Home

HOA Fees

  • $1,576 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Circular Driveway
  • Off-Street Parking
  • Reserved Parking
  • 1 Assigned Parking Space

Home Design

  • Pillar, Post or Pier Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,228 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Awning
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Tile Flooring
  • Partial Bay or Harbor Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Pool Deck

Outdoor Features

  • Property is near a marina
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

Community Details

Overview

  • Association fees include pool
  • Edward Bustamante Association
  • Demarcay Condos
  • Built by Voeller Construction Inc.
  • The Demarcay Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • 18-Story Property

Amenities

  • Valet Parking
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • 3 Pets Allowed
  • Breed Restrictions

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2024

Lot Details

0

HOA Fees

$1,576 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1228
  • New Construction: No
  • Year Built: 2024
  • Building Area Total: 1348
  • 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: Condominium
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 14
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 1262.21
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2024
  • Special Features: 3

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 18
  • Street Number Modifier: 33
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 114.08
  • Room Count: 6

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Deck, Heated, In Ground, Salt Water
  • Exterior Features: Awning(s), Lighting, Other, Outdoor Grill, Outdoor Kitchen, Sidewalk
  • Roof: Concrete
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, 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
  • Parking Features: Assigned, Circular Driveway, Common, Covered, Off Street, Reserved, Valet

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Fitness Center, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool
  • Association Fee: 1576
  • Association Fee Frequency: Monthly
  • Association Name: Edward Bustamante
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: DEMARCAY
  • Pet Restrictions: See Condo Docs, no weight limit
  • Association Fee Requirement: Required
  • Building Name Number: THE DEMARCAY
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0

Fee Information

  • Total Annual Fees: 18912.00
  • Total Monthly Fees: 1576.00
  • Monthly HOA Amount: 1576.00

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027057030
  • Additional Parcels: No
  • Lot Features: City Limits, Near Marina, Sidewalk, Paved
  • Flood Zone Code: A, E
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Building Info

  • Builder Name: Voeller Construction Inc.

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Block: B
  • Tax Book Number: 1-11A
  • 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
05/02/2025 05/02/25 For Sale $1,550,000 +25.0% $1,262 / Sq Ft
11/11/2024 11/11/24 Sold $1,240,000 0.0% $1,010 / Sq Ft
07/07/2022 07/07/22 Off Market $1,240,000 -- --
05/22/2022 05/22/22 Pending -- -- --
05/22/2022 05/22/22 For Sale $1,240,000 -- $1,010 / Sq Ft
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: A4651229

Stellar MLS

APN: 2027-05-7030