The DeMarcay is a refined luxury condominium development that pays tribute to Sarasota’s historic charm while delivering contemporary living in one of the city’s most coveted downtown locations. Rising 18 stories above Palm Avenue, The DeMarcay blends timeless elegance with modern design, offering a boutique collection of just 39 residences with sweeping views of Sarasota Bay, the city skyline, and the Gulf of Mexico beyond. With its historic façade, rooftop amenities, and walkable urban lifestyle, The DeMarcay is a rare opportunity for buyers seeking both heritage and luxury in the heart of the city.
Developed by GK Real Estate and designed by Parker Walter Group, The DeMarcay is named after the historic DeMarcay Hotel, which once occupied the site in the early 20th century. In a thoughtful nod to Sarasota’s past, the development preserves the original 1920s façades on Palm Avenue, seamlessly integrating them into the new tower design. This blending of old and new creates a uniquely Sarasota aesthetic—sophisticated yet approachable, timeless yet modern.
The DeMarcay offers a variety of floor plans ranging from one to three bedrooms and spanning from approximately 1,100 to over 3,200 square feet. Each residence is thoughtfully designed to enhance natural light and take full advantage of the building’s premium views. Open layouts, floor-to-ceiling windows, and expansive private terraces provide a sense of openness and connection to the outdoors, whether overlooking Sarasota Bay, downtown’s historic streets, or the vibrant marina below.
Inside, residences are appointed with high-end finishes and designer touches throughout. Kitchens feature custom Italian cabinetry, quartz countertops, large islands, and premium appliances from Sub-Zero and Wolf. Spa-like bathrooms include floating vanities, frameless glass showers, and soaking tubs in primary suites. Wide-plank hardwood flooring, recessed LED lighting, and smart home technology elevate the experience further, creating interiors that are both functional and refined.
At the heart of The DeMarcay’s appeal is its rooftop amenity level—one of the highest vantage points in downtown Sarasota. Residents enjoy a stunning rooftop pool, sundeck, and outdoor kitchen, all with panoramic vistas stretching from the Gulf to the city skyline. It’s a space designed for both relaxation and entertainment, where residents can take in Florida’s legendary sunsets or host intimate gatherings high above the city.
Complementing the rooftop is a state-of-the-art fitness center, a beautifully appointed club room, and a private lounge that doubles as a co-working space or casual social area. The building also features valet parking, secure entry, and concierge service, ensuring comfort and convenience at every level.
The DeMarcay’s location on Palm Avenue places residents in the cultural and culinary heart of Sarasota. Just steps from your front door, you’ll find art galleries, boutique shops, fine dining, and performance venues like the Sarasota Opera House and Florida Studio Theatre. Marina Jack, Bayfront Park, and The Bay are all within walking distance, offering waterfront recreation, boating access, and green space in abundance. Whether you’re catching a show, enjoying a waterfront dinner, or strolling the farmers market, downtown Sarasota life is just outside your door.
For those seeking beach access, Lido Key and Siesta Key are just a short drive away, while Sarasota-Bradenton International Airport offers easy travel options for seasonal and international residents. With its intimate scale, historic character, and luxurious offerings, The DeMarcay stands as one of Sarasota’s most distinctive residential towers—a true blend of heritage, lifestyle, and location.
Explore elevated living at DaMaray — where luxury, location, and lifestyle meet seamlessly. I am Sarasota’s leading New Construction sales expert. Contact me at 941.281.5472 or email me at lisa@sarasotaluxurycondos.com
