More Condos Coming

New Condos Are Headed to Golden Gate Point

Pre-construction prices start at $2.4 million per unit.

By Kim Doleatto June 12, 2023

The Owen is headed to the southern end of Golden Gate Point.

Yet another condo project is headed to Golden Gate Point, as its last handful of single-family homes and older builds are razed to make room for luxury spaces that boast sparkly views of Sarasota Bay.

The Owen, a gated, 10-story tower, located at 325 Golden Gate Point, is bringing 29 new condo units to the 22-acre downtown peninsula just east of the Ringling Bridge. It’s projected to break ground by the end of this year, with completion planned for the fall of 2025. Built on a 1.18-acre site, it's replacing a previous two-story, humbler collection of condos built in 1974. 

The Owen is one of a number of new luxury condo builds on Golden Gate Point that include Six88, Peninsula, En Pointe and Evolution. 

Aerial view of Golden Gate Point in downtown Sarasota.

Although the condos share the same zip code as other new towers going up across the street, along the Quay, the ones here stand out for the smaller scale. “It’s more intimate,” says Amy Drake of Premier Sotheby's International Realty, handling sales. “Buyers are looking for that neighborhood feeling." Plus, the height restriction on Golen Gate Point is 10 stories, versus the 18-story limit many developers are fulfilling with nearby projects like Bayso and the DeMarcay.

“What’s appealing is the boutique nature of it. But the amenities still rival some the bigger new buildings,” Drake adds.

Rendering of the interior of The Owen.

The Owen's amenities include a 1,714-square-foot fitness center with spa elements like massage, steam and sauna areas. There will be a gathering room, a conference room, and a game room with a pool table, card tables and a bar. The gated community includes a saltwater infinity edge pool, hot tub, fire tables, lounge areas and a bocce ball court, plus a doggy park and private paths. Each residence comes with two parking spaces and an EV charger.

The building's two bottom levels are for parking, with one unit slated for the third level. All the others start on the fourth level, where there will be four units, as with every other floor going up to the 10th, where there will be four penthouses.

The fifth floor kicks off the water views, and each unit will have a private elevator entry. Floorplans, ranging from 2,263 square feet to 3,072 square feet under air plus a terrace, include three bedrooms with a den and three-and-a-half bathrooms (or the same sans den). Prices range from $2.4 million to $4,650,000, and for a limited time, the residences are customizable.

According to Drake, six of the 29 units have been reserved. 

Designed by MHK Architecture and Planning, The Owen’s developer is the Ronto Group, in partnership with Wheelock Street Capital.  

View of the Ringling Bridge from Golden Gate Point.

Locally, Ronto's first Sarasota project was Echelon, at 624 S. Palm Ave., completed in 2018, and more recently, Rosewood Residences on Lido Key, outside of multiple projects spanning Tampa, Toronto, Texas and its home base in Naples. The Echelon went up on the site of the former La Palme Royale Bed and Breakfast.

In 1947, just five names appeared in the city directory of people living on the 22-acre peninsula now called Golden Gate Point. Today, with more than 500 seasonal and permanent residents and a flurry of luxury high-rise construction, this little peninsula is helping change the skyline of Sarasota. 

Interested? Call (941) 210-0987 or click here.

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