$2,095,000
SOLD DEC 2, 2024
3 Beds
3.5 Baths
2,045 Sq Ft
$1,400/mo HOA Fee

Recently Sold

$1,024 Per Sq Ft

190 Days on Market

Highlights

  • Valet Parking
  • Water Views
  • New Construction
  • Southside Elementary School Rated A
  • Fitness Center
  • 3-minute walk to Five Points Park

About This Home

As of December 2024

One or more photo(s) has been virtually staged. Pre-Construction. To be built. Rare new pre-construction intimate boutique 18 story condo tower located in the charming historic Sarasota. Tucked amongst the most coveted galleries, restaurants, shops, theaters and the Marina which makes the 39 private residences at The DeMarcay one of the best locations for walkability. The reinvention of the names sake 1922 hotel artfully pays homage to its history while claiming its future with expansive new construction and modern homes. Buyer will select from Luxe designer finishes to make the home their own. Interiors include custom Italian Cabinetry, Miele appliances, gas cooking, quartz counters, spa like baths, large windows and balconies with every home. Offering a city and or a water view! One of the few roof top pools in Sarasota provides the bay, sky and city coupled with a state of the art outdoor kitchen and two terraces and a fitness center. Delivery is estimated to be in the summer of 2023. The pictures are of the artist renderings.

Last Agent to Sell the Property

Bobbi Ellis

EPIQUE REALTY, INC. Brokerage Phone: 941-366-8070 License #3290809 Listed on: 05/05/2021

EPIQUE REALTY, INC.

Last Buyer's Agent

Jaclyn Brunckhorst

BCB REALTY LLC License #3249071

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2021 | New Construction

Lot Details

  • West Facing Home
  • Historic Home

HOA Fees

  • $1,400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Portico
  • Alley Access
  • Circular Driveway
  • Assigned Parking

Property Views

  • Water
  • City

Home Design

  • Home in Pre-Construction
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 2,045 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Living Room
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer

Pool

  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, gas, maintenance structure, ground maintenance, management, pest control, recreational facilities
  • Bobbi Ellis Association, Phone Number (941) 404-8858
  • Visit Association Website
  • High-Rise Condominium
  • Saulstari Community
  • The Demarcay Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 18-Story Property

Amenities

  • Valet Parking
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 150 lbs
  • 2 Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$1,400 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Gas, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Pre-Construction
  • Property Sub Type: Condominium
  • Architectural Style: Historic
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2045
  • Lot Size Acres: 8691
  • New Construction: Yes
  • Year Built: 2021
  • Building Area Total: 2180
  • Lot Size Sq Ft: 8691
  • Directions to Property: The Sales Gallery is located at 32 S. Palm Ave. in downtown Sarasota.
  • Status: Sold
  • Street Direction: S
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • 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: 2
  • RATIO Current Price By Calculate: 1024.45
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: High Rise
  • Attribution Contact: 941-366-8070
  • Tax Year: 2021
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: High Ceilings, Open Floorplan
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 18
  • Street Number Modifier: 33
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 189.99
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Balcony
  • Roof: Concrete
  • Pool Private: No
  • View: City, Water
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2024-12-30T00:00:00.000

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Alley Access, Assigned, Circular Driveway, Covered, Guest, Portico, Valet

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool
  • Association Fee: 1400
  • Association Fee Frequency: Monthly
  • Association Name: Bobbi Ellis
  • Phone: 941-404-8858
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: See condo doc's
  • Association Fee Requirement: Required
  • Building Name Number: THE DEMARCAY
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 150
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: bobbi@thedemarcay.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: www.thedemarcay.com

Fee Information

  • Total Annual Fees: 16800.00
  • Total Monthly Fees: 1400.00
  • Monthly HOA Amount: 1400.00

Lot Info

  • Parcel Number: 2027050006-1101
  • Additional Parcels: No
  • Flood Zone Code: A, E
  • Homestead YN: 1
  • Lot Size Square Meters: 807

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See condo doc's

Tax Info

  • Tax Annual Amount: 92291.95
  • Tax Lot: 4

Multi Family

  • Approval Process: See condo doc's

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

Tax History Compared to Growth

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

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: A4499904

Stellar MLS

APN: 2027-05-7017