The growing real estate market in Downtown Sarasota has emerged as one of Florida’s most exclusive and active spots for luxury condominium living – I specialize in serving clients drawn to this area and have extensive knowledge about the condo market.
With its stunning waterfront views, vibrant arts scene, world-class dining, and high-end shopping, this upscale location holds magnetic appeal for affluent buyers seeking luxury condominiums—whether for relocation, investment, or a seasonal retreat.
Why Downtown Sarasota?
Sarasota, synonymous with sophistication and relaxation, offers a picturesque backdrop for its thriving economy and rich cultural heritage. This jewel on the coast captivates those who appreciate both elegance and convenience. Residents enjoy access to premier restaurants, high-end boutiques, and renowned art galleries all within a walkable and scenic downtown area. Additionally, the nearby barrier islands offer pristine beaches and serene coastal escapes which accentuate Sarasota’s appeal as a luxury haven.
Discover Sarasota’s Most Luxurious Condo Residences
New construction pipeline
The active condominium sites in Sarasota total 647 units, with 343 units (53%) sold and 304 units (47%) remaining. There are 1,355 units in upcoming condominium projects, all currently in pre-launch. These developments vary in size, with some smaller sites and others consisting of several hundred units. The Sarasota market is preparing for a significant influx of new luxury condos, with several projects awaiting the start of sales.
For those seeking the finest in downtown urban living, I curated this list of five of the most lavish active residential buildings in Sarasota. Each offers a distinctive blend of luxury, location, and lifestyle.
If you are interested in learning more about luxury condos, listed properties or have specific questions about the Sarasota real estate market, feel free to reach out to me at [email protected].
1 - The SOTA Residence & Hotel
Situated at 1703 Main St. in the heart of downtown Sarasota, SOTA offers a unique blend of condominium residences and a boutique hotel experience for the discerning buyer who appreciates a walkable lifestyle. A diverse range of award-winning restaurants, shops, and a vibrant nightlife scene dot this dynamic neighborhood. Imagine exploring a unique mix of independent boutiques, art galleries, and specialty shops along Main Street and surrounding neighborhoods.
Facilities at the SOTA Residence & Hotel include a state-of-the-art fitness center, private resident massage room, and concierge services, as well as a rooftop social lounge and sunset terrace with panoramic views. SOTA blends sophisticated urban living with the convenience of hotel amenities and offers a unique lifestyle experience in downtown Sarasota.
1703 Main St., Sarasota, FL 34236
35 Luxury condominium units
Prices starting from $2.8 million
2 - The Owen
The Owen, a luxury contemporary design boutique condominium development, stands well-position on the southern tip of Golden Gate Point. located at 325 Golden Gate Point and provides a unique blend of living and “work or play” related services. With construction currently underway and completion expected in the near future, Owen at Golden Gate Point stands apart as the sole property offering full customization for pre-construction buyers. Despite its central location, Golden Gate Point offers a uniquely private and quaint neighborhood feel, providing a serene retreat from the bustle of downtown. Surrounded by Sarasota Bay, the Owen provides partial bay and marina views within walking distance to St. Armand’s Circle and nearby beaches.
Residents will also have access to secure parking under the building with two parking spaces per unit, private elevator-foyer, and secure bike storage are included. Wide, light-filled floor plans with full-height windows will feature Ronto’s signature luxury finishes and features. Drink your morning coffee on the spacious terraces and watch the sailboats or take a quick stroll to a seaside farmer’s market.
325 Golden Gate Point, Sarasota, FL 34236
29 Boutique luxury condominiums
Price starting from the upper $2.4 million
5 - The Peninsula
Peninsula Sarasota combines luxury living with a prime location, offering residents an unparalleled waterfront lifestyle. This exclusive condominium allows residents to fully immerse themselves in Sarasota’s cultural offerings, natural beauty, and urban conveniences all while enjoying the luxury and privacy of their waterfront residence. The Peninsula has two towers, and they appear separate but are part of a single building. With this design it offers two main types of residence. The single-floor units within the left tower feature floor-to-ceiling hurricane impact resistance windows that allow natural light to elevate the sophisticated design aesthetic that feels modern and clean, yet warm and comfortable.
The exclusive amenities include a resort-like pool and spa, a state-of-the-art fitness center, and a club room for social gatherings. The rooftop terrace provides a communal space for residents to enjoy panoramic views of the city and bay.
223 Golden Gate Point, Sarasota, FL 34236
23 unique personalized residences across two buildings
Price starting from the upper $3.7 million
8 - Ritz-Carlton Sarasota Bay
Ritz-Carlton Sarasota Bay is one of downtown Sarasota’s residential buildings under active development with breathtaking views of the Sarasota Bay. Situated along The Quay, a prime waterfront location allows residents access to water activities and is surrounded by a vibrant metropolis. This luxury forward thinking modern condominium development offers each unit contemporary layouts providing ample space and designer finishes for a refined urban living experience. Each resident will enjoy vast scale windows envelope units in luminous natural light and views.
Designed by award-winning SB Architects, Ritz-Carlton Sarasota Bay offers stellar amenities including aquatic options (resort-style pool, spa and lap pool), an indoor-outdoor bar with food service, club room, outdoor plaza (featuring a full catering kitchen complete with a bar, custom fireplace, and wine vault), a fitness center and much more.
Residents will have access to The Ritz-Carlton Member’s Club, including its restaurants, full-service spa and salon, renowned beaches, and golf clubs. The Ritz-Carlton makes this an unmatched place to call home with the perfect blend of convenience and luxury with easy access to the best of the area.
555 Quay Commons, Sarasota, FL 34236
78 residences
Price starting from $3.7 million
7 - One Park
One Park is situated in Downtown Sarasota’s Waterfront District adjacent to the new 53-acre Bay Park. These 86 residences with stunning views of Sarasota Bay and city skyline offer spacious floor plans ranging from 2,760 to 4,250 square feet. The penthouse collection features 6 residences from 5,450 to 8,450 square feet with every detail thoughtfully considered. Each unit features 10-to-12-foot floor-to-ceiling windows and smart home technology. These luxury units offer a range of high-end features with modern décor and endless sunset views.
One Park Sarasota combines luxury with extensive unique amenities truly set apart from other elite condominiums including: Himalayan salt cave, desiccated Pilates and spin rooms, golf simulation room, 15-capacity boat dock, and much more.
668 Quay Commons, Sarasota, FL 34236
86 Residence
Price starting from the upper $1.8 million
Occupancy is scheduled for late 2026
The Sarasota luxury real estate market shows sustained, strong growth moving into 2025. Residential property space in downtown Sarasota remains highly competitive. These condo residences represent the crème-de-la-crème of offerings.
Downtown Sarasota continues to evolve with new luxury condo developments that offer a blend of modern amenities, stunning views, and prime locations. Sarasota’s market is preparing for an influx of more new luxury condominiums for several years to come.
Here are some of the pre-launch additions to the luxury condominium scene: (See above map for locations)
13 -Amara
14 – Ritz-Carlton
15 - Hyatt Centric
16 - One Park West
17 – Saravela
18 – Obsidian
19 – Williams Parker Site
20 - Adagio
21 – 1801 Main Street
22 – Mira Mar
23 – Zenith Site
24 – 625 The Point
With a dazzling array of property types and a competitive landscape, the market presents significant opportunities for investment and lifestyle enhancement. Downtown Sarasota’s walkability, cultural attractions, and urban charm make it particularly appealing to wealthy buyers seeking a sophisticated lifestyle. The blend of historic and modern architecture, coupled with proximity to beaches and outdoor activities, makes the allure of this city undeniable.
Call me today at 941.266.0529 for any questions about these and other downtown Sarasota luxury homes.
