$2,475,000
NEW CONSTRUCTION $125K PRICE DROP

Estimated payment $18,315/month

Total Views 4,140
3 Beds
3.5 Baths
2,229 Sq Ft
$1,110 Price per Sq Ft

Highlights

  • Valet Parking
  • Fitness Center
  • Saltwater Pool
  • Southside Elementary School Rated A
  • New Construction
  • 3-minute walk to Five Points Park

About This Home

Situated in the cultural core of downtown Sarasota and completed in 2024, this 3-bedroom, 3.5-bath residence is impeccably maintained, and captures a rare blend of refined design and effortless downtown living. Bathed in natural light and defined by clean architectural lines, it’s a home that celebrates both art and simplicity, while placing the city’s vibrant rhythm at your doorstep. With 11-foot ceilings, expansive walls ideal for displaying artwork, and partial water views from the terrace, the main living space, and owner’s suite, the interiors feel open, tranquil, and beautifully composed. The chef’s kitchen—featuring Miele appliances, a gas cooktop, a waterfall island, custom Italian cabinetry, and a walk-in pantry—blends precision and beauty in equal measure. Windows above the sink welcome natural light and offer a serene view of tree-lined Palm Avenue, while the adjacent terrace is perfect for morning coffee or sunset cocktails. Well-curated fixtures, Lutron shades throughout, integrated surround sound, and a bespoke owner’s closet highlight the home’s thoughtful design. Included are two EV-ready parking spaces and a separate temperature-controlled storage space. Residents enjoy 24-hour staffed service and an 18th-floor rooftop amenity level with a fitness center, elegant club room, and saltwater pool—each with panoramic city and bay views, creating a peaceful oasis above the lively city below.

Listing Agent

Lisa Allen

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3503873 Listed on: 10/17/2025

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2024 | New Construction

HOA Fees

  • $2,860 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Partial Bay or Harbor
  • City

Home Design

  • Entry on the 7th floor
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,229 Sq Ft Home
  • Open Floorplan
  • Built-In Desk
  • Shelving
  • High Ceiling
  • Shades
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Private Water Closet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Balcony
  • West Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, escrow reserves fund, gas, insurance, internet, maintenance structure, management, pest control, sewer, trash, water
  • Edward Bustamante Association, Phone Number (866) 378-1099
  • High-Rise Condominium
  • Sarasota Town Of Community
  • The Demarcay Subdivision
  • The community has rules related to deed restrictions
  • 18-Story Property

Amenities

  • Valet Parking

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 150 lbs
  • 3 Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$2,860 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Gas, Insurance, Internet, Maintenance Structure, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 2229
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 2359
  • Status: Active
  • Street Direction: S
  • Ownership: Condominium
  • Entry Level: 7
  • Building Area Total Srch Sq M: 219.16
  • Escrow State: FL
  • Floor Number: 7
  • Minimum Lease: 3 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 1110.36
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: High Rise
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2024
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 18
  • Window Features: Shades
  • Living Area Meters: 207.08

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, Lighting, Salt Water
  • Exterior Features: Balcony
  • Roof: Concrete
  • Pool Private: No
  • View: City, Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Valet

Utilities

  • Utilities: Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Pool
  • Association Fee Frequency: Monthly
  • Association Name: Edward Bustamante
  • Phone: 866- 378- 1099
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Please review condominium docs Rules and Regulations.
  • Association Fee Requirement: None
  • Condo Fees: 2860
  • Condo Land Included YN: 0
  • Max Pet Weight: 150
  • Monthly Condo Fee Amount: 2860
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 34320.00
  • Total Monthly Fees: 2860.00

Lot Info

  • Parcel Number: 2027057001
  • Additional Parcels: No
  • Flood Zone Code: A,E

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer to verify any lease restrictions.

Tax Info

  • Tax Lot: 0

Multi Family

  • Approval Process: Buyer to verify approval process.

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- -- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 Price Changed $2,475,000 -4.8% $1,110 / Sq Ft
10/17/2025 10/17/25 For Sale $2,600,000 +31.5% $1,166 / Sq Ft
11/18/2024 11/18/24 Sold $1,977,807 +8.1% $887 / Sq Ft View Prior Sale
11/15/2021 11/15/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $1,830,000 -- $821 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,977,807 None Listed On Document
Source: Public Records

Source: Stellar MLS

MLS Number: A4666950

Stellar MLS

APN: 2027-05-7001