A Guide to the Downtown Sarasota Condo Boom
In downtown Sarasota, cranes and construction workers have become as common a sight as morning dog walkers and people heading to the office. There’s no doubt about it: We’re in the middle of a condo craze. According to Zillow, the heart of the city saw 181 condo sales close in the last 12 months, compared to just 48 for all other home types, and the roughly 12,000 current downtown residents are about to welcome 1,700 more units. From the Rosemary District to Golden Gate Point and the bayfront, Sarasota’s skyline will never be the same again.
One Park
1100 Boulevard of the Arts
Completion expected: 2024
Prices: $2 million to more than $10 million. (One penthouse is pending for almost $14 million.)
Units: 123
Sizes: 2,760 to 4,280 square feet
Stories: 18
Headed to the corner of Boulevard of the Arts and Tamiami Trail, facing Sarasota Bay, this mammoth project (pictured at top) will have dedicated remote workspaces, a 15,000-square-foot fitness area, a catering kitchen, dog sitting services, a wine room, a juice bar and a dog park. There will also be hotel rooms for resident guests. Penthouses will have private rooftops with summer kitchens and plunge pools. Units are already more than half sold.
Collage on 5th
1469 Fifth St.
Completion expected: 2023
Prices: $700,000 to $2 million
Units: Seven
Sizes: 1,150 to 3,135 square feet
Stories: Five
This boutique condo project will take the place of a deteriorating, 1930s wood-frame home where copper sculptor Rubin Peacock once lived. Originally from Virginia, Peacock displayed his work at Allyn Gallup Contemporary Art while he lived in the home. He sold it to developers in 2017 for $532,000. Collage on 5th will include two two-story penthouses, patio splash pools and grilling areas.
Villa Ballada
430 Kumquat Court
Completion expected: 2024
Prices: $840,000 to $2.2 million
Units: 22
Sizes: 1,060 to 2360 square feet
Stories: Five
Czech for “House of Harmony,” Villa Ballada is scheduled to break ground soon. The .29-acre lot sold to the developer for nearly $3 million. Thanks to a city overlay district that permits greater density, dozens of projects, both residential and commercial, have taken root in the Rosemary District neighborhood just north of downtown, making it one of the hottest and densest real estate destinations in Sarasota. The bottom floor will have two retail spaces.
Bayso
100 Marina View Drive
Completion expected: 2023
Prices: From the $800,000s to more than $3 million
Units: 149
Sizes: 1,600 to 5,000-plus square feet
Stories: 18
This high-rise in the Quay Sarasota waterfront district sold out less than 12 months after the first sale was made in early 2021. Bayso amenities will include a resort-style pool, a fitness center, a club room with a catering kitchen and a private dog park. It shares the same developer, Kolter Urban, with its neighbor, The Ritz Residences Sarasota. The Delray Beach-based company also developed two other recent high-profile downtown residential projects: The Vue and The Mark.
The Edge
290 Cocoanut Ave.
Completion expected: 2023
Prices: $1.2 to $3.7 million
Units: 27
Sizes: 2,084 to 3,566 square feet
Stories: 10
On the busy corner of Fruitville Road and Cocoanut Avenue, those high in the sky will be able to escape it all. The four penthouses here come with 600 square feet of private rooftop space. The site was purchased by local development firm JEBCO Ventures in 2013 for just over $1 million. An amenity-dedicated floor includes a fitness center, a pet lawn and spa, a resort-style pool, a catering kitchen, a bar and grill and a yoga studio.
The Collection
1335 Second St.
Completion expected: 2023
Prices: $1.3 to $3.3 million
Units: 12
Sizes: 2,520 to 3,366 square feet
Stories: 10
Right across from the Selby Public Library and Five Points, this building’s design features extensive use of glass, allowing for 360-degree vistas and skyline views from the upper-floor units. Amenities include a lap pool; a hot tub; a spacious deck with day beds, cabanas and lounge chairs; an outdoor fire pit; temperature controlled storage; a fitness and yoga facility; a sauna; a boardroom; and a social lounge area.
Six88
688 Golden Gate Point
Completion expected: 2023
Prices: $2.5 to $11.9 million
Units: 10
Sizes: 2,050 to 6,267 square feet
Stories: Nine
Floors four through seven, each their own residence, have identical floor plans. The fourth-floor residence is priced at $5,888,000; then tack on another million for each floor up until you hit the 6,000-plus-square-foot penthouse listed at $11,888,000 that comes with a private roof terrace. Condo amenities include an outdoor heated pool featuring a private deck, a fitness center, a social club room, a dog grooming area and a roof deck lounge.
The DeMarcay
33 S. Palm Ave.
Completion expected: 2023
Prices: $700,000 to $4.3 million
Units: 30
Sizes: 1,055 to 3,219 square feet
Stories: 18
It was the site of the Roth Cigar Factory and DeMarcay Hotel, both two stories high and built in the early 1920s. The hotel was designated by the National Register of Historic Places in 1984, and the facades of both will be preserved and incorporated into the new structure. The hotel had an expansive view of the bay and easy access to Sarasota’s bustling Main Street. In 2016, one of our writers toured the once-glamorous then long-vacant, dusty hotel, and, in one room, spied a cardstock sign listing hotel rules, including that doors must remain open if entertaining a guest of the opposite sex.
En Pointe
509 Golden Gate Point
Completion expected: 2023
Prices: $2.6 to $3.2 million
Units: Four
Sizes: 2,439 square feet
Stories: Five
This boutique-style condo building on the Golden Gate Point peninsula is perhaps the most humble as far as density, with one unit per floor. While the square footage remains the same, the difference as you go up is the price of a better view. The ground floor will be dedicated to parking, with two spaces for each unit, including electric charging stations. En Pointe will be situated on the inside loop of Golden Gate Point, facing Marina Jack, and the terraces have wood ceilings and glass railings that are all the rage.
Peninsula Sarasota
223 Golden Gate Point
COMPLETION EXPECTED: 2024
PRICES: $2 to $6 million
UNITS: 23
SIZES: 2,760 to 3,482 square feet
STORIES: Two buildings; each with nine stories
Scheduled to soon break ground on Golden Gate Point, these two condo buildings–one with half-floor residences and the other with one unit per floor–offer low-density living in high-density downtown Sarasota. Amenities include an elevated sun deck connecting the two buildings, a swimming pool and firepit areas, a fitness center, a gathering room with wine storage, two parking spaces per residence equipped with EV charging and a rooftop lounge overlooking Sarasota Bay.