DeMarcay

DeMarcay Condos for Sale – Sarasota, Florida 34236

A historic address combined with chic downtown living is the unique pitch of the DeMarcay to prospective buyers of Sarasota condos for sale. This condominium is located at 33 South Palm Avenue, taking over the former sites of the DeMarcay Hotel and the Roth Cigar factory both of which appear on the National Register of Historic Places. Altogether, their sites bring a parcel of 8,643 square feet total for the DeMarcay condominium.

This condominium has been on the drawing boards since 2006, but its development finally took off in early 2019 with the start of the pre-selling of its units. The DeMarcay is a project of XAC Developers of Barrington, Illinois, which not only adopted the name of the historic hotel formerly occupying the site but also committed to preserve its facade as well as that of the neighboring former cigar factory.

Boutique Condominium

The DeMarcay condominium is set as a boutique high-rise building 18 stories tall, adding 39 units to the inventory of Sarasota condos for sale. Historical artifacts dating back to the days of the DeMarcay Hotel and the cigar factory will be housed in the condominium building.

Besides preserving its historic character, the DeMarcay presents urban vibe and luxury in the boutique features of its blueprint. A resort-style swimming pool with picturesque views of Sarasota Bay is set at the condominium’s rooftop.

Progressive modernist in its architectural style, the DeMarcay provides plenty of amenities to its residents, such as a clubhouse with a full kitchen and lounge areas. An outdoor kitchen, community terrace, and fitness center are added residential delights at the DeMarcay. A 24-hour valet service is likewise part of the perks of living in this condominium.

Luxury of Space

The living areas of DeMarcay condos for sale range from 1,144 to 3,106 square feet. The floor plans’ layouts allow for flexibility enabling a combination square footages to come out with larger units. The pricing for one-bedroom units starts at the low $600s while million-dollar price quotes go for the larger condos with floor plans in the 2,000‒3,000-square-foot range.

The DeMarcay condos for sale boast large expansive windows, private balconies, and 10-foot high ceilings throughout. Floorings come either in porcelain wood or marble. As an added measure, each condo flaunts 8-foot solid core entry and painted interior doors. Kitchens and bathrooms are as winsome and well-appointed, exemplifying the deluxe finishes of the condos in the DeMarcay.

Icon in Walkability

The DeMarcay has a walkability score of 95, affirming its close proximity to plenty of the points of interest in downtown Sarasota. These nearby attractions include the classy restaurants and shops of South Palm just steps from the DeMarcay. Also a short distance east from the condominium, new life and leisure venues have emerged, spurred by Sarasota’s condo construction boom following the economic recovery after the Great Recession. These new downtown draws for shopping and dining include the mixed-use development of the Mark and 1500 State Street.

In addition, the DeMarcay has a front-row seat to downtown events like the Sarasota Farmers Market held each Saturday morning. The Palm Avenue corridor of the DeMarcay itself is a source of delight each first Friday of the month with its “art walk” featuring gallery open houses, dining specials, and live music entertainment.

DeMarcay Condos For Sale

Below are the current real estate listings available in the DeMarcay.

Please contact me if you would like to schedule a tour of any of the listed properties below.

MLS# A4596347 - Status: Active View Property Details Add to Favorites View Map

• 33 S PALM AVE #1501
• Price: $7,200,000
• Zip Code: 34236
• 3407 Square Feet
• Subdivision: THE DEMARCAY
• Bedrooms: 3 Baths: 3+
• One or more photo(s) has been virtually staged. Under Construction. Photos have been virtually staged. Delivering Q2 of 2024. The DeMarcay is an 18-story boutique condominium of only 39 residences located on the highly sought-after South Palm Avenue ... Read More
• Listing courtesy of: MICHAEL SAUNDERS & COMPANY