$950,000
About this home
Priced BELOW $1M for a BRAND NEW LUXURY BUILDING on Palm Avenue in the heart of DOWNTOWN SARASOTA! Recently completed, this residence offers the rare opportunity to enjoy the ease and appeal of new construction. Thoughtful upgrades include hardwood flooring, remote-controlled window treatments throughout, and designer lighting fixtures. The open floor plan is both spacious and welcoming, filled with natural light from floor-to-ceiling windows that frame charming city views. The kitchen is beautifully appointed with paneled appliances, a natural gas cooktop, and a pantry, making it as functional as it is stylish. The primary suite features a generous walk-in closet and a beautifully appointed ensuite bath. A versatile second bedroom may also serve as a den or home office, with a guest bath conveniently located just across the hall. The DeMarcay is a boutique building offering impressive amenities and attentive services. Residents enjoy a rooftop lounge with pool and entertaining areas, complete with gas grills—ideal for hosting friends and family. Valet parking and concierge trash pick-up add to the effortless, lock-and-leave lifestyle. This is Sarasota living at its finest.
Highlights
Property details
- MLS
- Stellar MLS
- MLS #
- MFRA4680271
- Property type
- Condominium
- Subdivision
- THE DEMARCAY
- Status
- Active
- Days on market
- 173
- On market date
- January 28, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- 1
- Parking spaces
- N/A
- Lot size
- 0.2 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 144
- Student:teacher ratio
- 10.3:1
- District
- SARASOTA
- Enrollment
- 752
- Student:teacher ratio
- 18.8:1
- District
- SARASOTA
- Enrollment
- 1,251
- Student:teacher ratio
- 13.9:1
- District
- SARASOTA
Walkability
Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in SARASOTA, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 28, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.