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$1,995,000
$895/sqft
HOA: $3,119/moTaxes: $0/yr62d on market

The Demarcay

33 S PALM AVE #701, SARASOTA, FL, 34236

View all homes for sale in The Demarcay
3 Beds|4 Baths|2,229 Sq Ft|Built 2024|2 Car Garage
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✨ This home matches what most buyers are looking for in this area.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • 62 days on market
  • Updated today

Buyer Insights are informational only — always verify with your agent.

Experience elevated downtown living in this exceptional residence at The DeMarcay. Unit 701 offers three spacious bedrooms and an elegant blend of modern finishes with timeless sophistication, creating the ideal balance of luxury and comfort. Expansive windows fill the home with natural light while framing breathtaking waterfront views of Sarasota Bay, the marina, downtown skyline and the iconic Ringling Bridge. Designed for entertaining and everyday living, the open-concept floor plan flows seamlessly onto a private balcony where you can enjoy vibrant sunsets and the energy of downtown Sarasota below. The chef-inspired kitchen features sleek contemporary design, premium finishes, a walk-in pantry and refined details throughout. Enhancing the residence is a state-of-the-art Lutron motorized shade system by Haven Smart, offering effortless convenience and modern luxury at touch of a button. The owner's suite is a private retreat featuring a beautifully upgraded custom closet and spa-inspired ambiance. Additional highlights include two assigned parking spaces in the secured garage, EV charger capability and an air-conditioned storage locker. With no pet restrictions, this residence offers flexibility for every lifestyle. Residents of The DeMarcay enjoy an unmatched collection of luxury amenities, highlighted by a stunning rooftop pool and entertaining deck overlooking the marina, Sarasota Bay, downtown skyline and the sparkling Ringling Bridge. The building also offers 24/7 valet service and on-site staff, delivering a lock-and-leave luxury lifestyle. Ideally in the heart of downtown Sarasota, this exceptional residence places you moments from world-class dining, boutique shopping, theaters, art galleries and the city’s vibrant cultural scene. Luxury waterfront living meets modern downtown convenience in one of Sarasota’s sought-after addresses.

Subdivision
THE DEMARCAY
County
Sarasota
Zip Code
34236

Neighborhood

Map unavailable

Type
Condominium
Living Area
2,229 sqft
Construction
Concrete, Stucco
Roof
Concrete
Flooring
Tile
Pool
No
HOA
$3,119 / Monthly
  • Eat-in Kitchen
  • High Ceilings
  • Open Floorplan
  • Walk-in Closet(s)
  • Balcony
  • Built-in Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Exhaust Fan
  • Freezer
  • Microwave
  • Range Hood
  • Refrigerator
  • Washer
  • Inside
  • Laundry Room
  • Public
  • Sewer Connected
  • Deed Restrictions
  • Fitness Center
  • Pool
  • Guard - 24 Hour
  • Pool
  • Escrow Reserves Fund
  • Gas
  • Insurance
  • Internet
  • Maintenance Structure
  • Management
  • Pest Control
  • Sewer
  • Trash
  • Water
Bedrooms
3
Bathrooms
4
Year Built
2024
Construction
Concrete, Stucco
Flooring
Tile
Roof
Concrete
Garage Spaces
2
Cooling
Central Air
Heating
Central
Waterfront
No
Pet Restrictions
Yes
Lot Size
Senior Community
No
Building Elevator
Yes
Pet Size
Extra Large (101+ Lbs.)
# of Pets
3
Max Pet Weight
150 lbs
Tax Year
2024
Annual Tax Amount
$0

Association Fees

  • HOA Fee

    Edward Bustamante

    $3,119/ Monthly

Down Payment20% — $399,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$10,088
HOA Fee
$3,119
Est. Property Tax
$0
Est. Insurance
$665
Total Est. Monthly Cost$13,872

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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