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Downtown Sarasota

One of the most popular communities provided by The Graf Group of Coldwell Banker

Downtown Sarasota

About Downtown Sarasota

Living in downtown Sarasota, Florida offers a vibrant blend of urban sophistication and coastal charm. This lively neighborhood is known for its stunning bayfront views, cultural attractions, and a diverse array of dining and shopping options. Residents enjoy easy access to world-class art galleries, theaters, and festivals that showcase the area’s rich artistic heritage. The nearby sandy beaches provide a perfect escape for sun-seekers and outdoor enthusiasts, while the city's parks and waterfront promenades promote an active, healthy lifestyle. With a strong sense of community and a dynamic atmosphere, downtown Sarasota is not just a place to live; it’s a lifestyle that embraces both relaxation and excitement.

One of the most popular communities provided by The Graf Group of Coldwell Banker

2,957

# of Listings

2

Avg # of Bedrooms

$668

Avg. $ / Sq.Ft.

$1,355,128

Med. List Price

Browse Downtown Sarasota Real Estate Listings

$250,000 - $500,000

Over $5M

160 Properties Found. Page 3 of 11.

Under Construction. Positioned on one of Bird Key’s most expansive waterfront parcels featuring 200 foot of water-frontage, this extraordinary new construction estate captures sweeping Sarasota Bay views and represents a rare blend of architectural sophistication, enduring strength, and refined coastal luxury. Masterfully designed by renowned architect DSDG Architects and built by Dynan Construction, Sarasota’s premier waterfront builder, the residence has been thoughtfully engineered to the Fortified Gold standard, offering exceptional resilience and peace of mind for luxury waterfront living. A striking modern façade introduces interiors defined by dramatic floor-to-ceiling glass, allowing natural light and panoramic water views to pour throughout the home while seamlessly blending indoor and outdoor living. Warm, curated interior finishes create an inviting yet sophisticated ambiance, balancing contemporary architecture with timeless livability. Designed for both grand-scale entertaining and effortless daily living, the residence features four luxurious bedroom suites, a private office, a gym/wellness center with sauna, elevator access to all levels, an expansive rooftop deck designed to capture breathtaking sunsets over Sarasota Bay, and a spacious three-car garage. The outdoor living experience is equally compelling, with resort-inspired entertaining spaces thoughtfully designed to embrace the coveted waterfront lifestyle. The masterfully designed infinity-edge pool serves as the centerpiece of the outdoor living experience, offering a striking visual connection to the surrounding waterfront setting. Set within one of Sarasota’s most prestigious waterfront communities, this exceptional offering presents a rare opportunity to own a statement residence between downtown Sarasota and St. Armands Circle, offering an unmatched lifestyle surrounded by fine dining, boutique shopping, cultural attractions, boating amenities, and breathtaking Gulf beaches.

SARASOTA

600 MOURNING DOVE DRIVE

5 Beds

5 Baths

5,767 Sq.Ft.

$11,900,000

MLS#: A4694192

#TB8501123

SARASOTA

487 MEADOW LARK DR

5 Beds

5 Baths

6,527 Sq.Ft.

$11,900,000

MLS#: TB8501123

Under Construction. Welcome to SIX88 — and the crown jewel of Golden Gate Point. The Penthouse at Residence 801 is the pinnacle of this landmark 10-story boutique tower, offering an extraordinary 4,618 square feet of refined living across 3 bedrooms, 3.5 bathrooms, a private office, and a wine/beverage room — one of just 10 exclusive residences in one of Sarasota's most coveted waterfront addresses. Soaring above the bay with unobstructed, panoramic full-bay views, this penthouse delivers a living experience unlike anything else in the market. The breathtaking great room opens to two private wraparound balconies totaling 638 square feet, where sweeping bay views, glittering city lights, and Sarasota's legendary sunsets become the backdrop of everyday life. Whether sipping morning coffee as the sun rises over the water or entertaining under the stars, the outdoor living space here is truly unmatched — and that's before stepping up to your exclusive 1,011-square-foot private rooftop terrace, a sky-high retreat with a full outdoor kitchen and 360° views that is yours alone. Privacy is paramount — a secure, fob-activated elevator grants direct access only to your designated floor, opening into the residence and delivering a seamless blend of luxury, privacy, and peace of mind. Inside, find Thermador panel-ready appliances, custom cabinetry, designer finishes, engineered hardwood in the primary suite, spa-inspired fully tiled bathrooms, and a dedicated wine room for the discerning collector. Your private 4-car garage can be enhanced with vehicle lifts for additional capacity, while a deeded boat slip puts the bay at your fingertips. Resort-style amenities include a heated pool, fitness center, community lounge, twin elevators, and gated security — all with remarkably low HOA fees. Nestled in the secluded enclave of Golden Gate Point, you are steps from downtown Sarasota's finest dining and shopping, St. Armands Circle, and the Bay Runner. This is not just a residence — it is a legacy.

SARASOTA

688 GOLDEN GATE POINT 801

3 Beds

3 Baths

4,618 Sq.Ft.

$11,880,000

MLS#: A4694190

Stunning waterfront three story, coastal modern, single-family waterfront home is the perfect blend of comfort and luxury located in the treasured Cherokee Park neighborhood. Nestled on a street adorned with majestic oak and canopy trees, this exceptional property offers both privacy and grandeur. As you approach this generous lot, you'll be greeted by an electric gate entryway. Choose to park in either the detached two-car garage beneath the guest house or the hidden 6-8 car garage on the side of the house. The garage level features a private gym with a bathroom and an extraordinary outdoor living space that includes both covered and uncovered areas, a stainless steel outdoor kitchen, and a fire pit. Entering the home, you're captivated by a glass box foyer entryway with a custom staircase and state of the art glass elevator. There is also an entryway through the 6+ car garage leading to the elevator. The spacious second-floor living area boasts an open floor plan perfect for any event. The elegant great room features a custom glass floor and firebox, leading to a beautiful open kitchen with custom cabinets, waterfall stone countertops, and Subzero and Wolf appliances. Adjacent to the kitchen is a bonus room and an open yet private dining room, ideal for a wine collector with its floor-to-ceiling glass wine cellar that doubles as an art piece. Behind the kitchen cabinetry, you'll find a separate sizable pantry and laundry room. This floor also features a beautiful balcony accompanied by a glistening hot-tub/dipping pool that waterfalls into your main pool. Make your way to the third story to find 4 on suite bedrooms and a second laundry room. The primary bedroom offers an expansive layout that seamlessly blends comfort and elegance. The true highlight is the gorgeous balcony overlooking the pool that leads to a staircase up to the breathtaking rooftop. From here, you will enjoy panoramic views of the spectacular Sarasota. Whether you’re hosting a sunset soiree or savoring peaceful morning coffee, this rooftop oasis provides an extraordinary vantage point. This seamless indoor-outdoor flow and the captivating scenery make this property a true gem for those seeking both luxury and tranquility in a prime location.

SARASOTA

1610 N LODGE DRIVE

5 Beds

5 Baths

7,110 Sq.Ft.

$11,500,000

MLS#: A4671493

Positioned along the sparkling waters of Sarasota Bay, this extraordinary 1.7 acres of direct bayfront property presents a rare opportunity to create one or two landmark waterfront estates within one of Sarasota’s most desirable coastal settings. Comprised of two separate parcels, 2043 & 2046 Alameda Way, the property offers remarkable flexibility for an end user, developer, or multigenerational compound vision. Boasting an impressive 210 feet of direct bay frontage, the property captures panoramic open water views, breathtaking year-round sunsets, and exceptional boating water with a private dock already in place. The expansive footprint allows for the creation of one grand estate spanning both parcels or two significant luxury residences, each with its own commanding presence on Sarasota Bay. Custom estate plans have been designed for each parcel by renowned Choeff Levy Fischman Architecture + Design, thoughtfully envisioning world-class waterfront living that complements the scale, setting, and prestige of this exceptional offering. Tucked within a quiet waterfront enclave, the location offers privacy and tranquility while remaining moments from Downtown Sarasota’s acclaimed dining, shopping, arts, and cultural scene. Enjoy close proximity to the new The Bay Park, the iconic The John and Mable Ringling Museum of Art, and the convenience of Sarasota-Bradenton International Airport. An extraordinarily rare offering defined by scale, frontage, flexibility, and location, representing the opportunity to build one or two of Sarasota’s most significant bayfront residences.

SARASOTA

2046 ALAMEDA AVENUE

None Beds

None Baths

1.69 acres

$11,000,000

MLS#: A4694028

One or more photo(s) has been virtually staged. Pre-Construction. To be built. This penthouse with three exposures sweeping across Sarasota Bay to the downtown skyline, Residence A is an invitation to experience the beauty of natural light from sunrise to sunset. Three private terraces, one with an outdoor kitchen, are accessed from the great room, which features 13-foot ceilings, an open-plan kitchen and large walk-in pantry. A cozy den is ideal for relaxing with a book or movie, and a powder room is convenient for visitors. Two guest suites open to a third, city-view terrace, while the third guest suite is set in a corner, where it enjoys marvelous water-to-skyline views. The thoughtfully designed primary suite offers two walk-in closets, a spa-style bath with a deep soaking bathtub, double vanity and double shower. In The Ritz-Carlton global tradition of peerless service, this private residence will enjoy a dedicated on-site team that takes pride in anticipating every need and fulfilling every wish. A 24-hour dedicated staff and concierge, food and beverage services available from private, on-site service kitchen, dedicated 24-hour valet,
housekeeping services and an impressive array of private amenities overlooking the sparkling yacht harbor. In addition to exceptional private amenities and services available exclusively to tower residents, membership in The Harbor Club provides access to nearly 20,000 square feet of amenities dedicated to socializing, health and wellness.

SARASOTA

555 QUAY COMMON 2001

4 Beds

4 Baths

4,926 Sq.Ft.

$10,999,000

MLS#: A4670930

Set along the deep-water shores of Bird Key, this direct bayfront estate is a striking architectural achievement designed by renowned architect Cliff Scholz and constructed to exceptional standards by luxury builder Murray Homes. Spanning nearly 6,600 square feet of elevated living space, the residence captures panoramic Sarasota Bay views that stretch out to the Gulf while blending timeless craftsmanship with extensive recent updates and resort-inspired outdoor living. Positioned behind manicured landscaping and a pavered circular drive, the home makes a grand first impression with its stately facade, three-car side-entry garage, and elevated waterfront setting. Inside, luxurious finishes define the two-story interior, including cathedral and coffered ceilings, four-piece crown molding, solid-core doors, custom built-ins, cherrywood flooring throughout, chic lighting fixtures, and oversized impact-rated windows and French doors that fill the residence with natural light and sweeping water views. Recent improvements include a new metal roof (2024), rebuilt dock, newer seawall and lift, resurfaced pool, fresh interior and exterior paint, new landscaping, updated exterior lighting, three new garage doors, whole-house lighting, and a new Kinetico water treatment system. A statuesque foyer entry opens to the formal living room, where a stone gas fireplace flanked by custom built-ins serves as the focal point. Walls of floor-to-ceiling French doors seamlessly connect the interior to the expansive outdoor entertaining areas overlooking Sarasota Bay. The formal dining room is complemented by nearby built-ins and a wet bar. At the center of the home, the gourmet chef’s kitchen features marble flooring, contemporary custom cabinetry, professional-grade Viking appliances including a six-burner gas range, double ovens, and Bosch dual dishwashers, along with an oversized island, breakfast bar, and informal dining area. An oversized walk-in pantry with additional wine refrigeration and a first-floor laundry room complete this thoughtfully designed culinary space. To the West, the family room offers en-suite bath access, and a walk-in closet—allowing flexibility as an additional guest suite if desired. A private study completes the main living level. The second floor is devoted to family and guest accommodations and can be accessed by either the elegant solid-wood staircase or private two-stop elevator. Upstairs, a media room and second laundry room enhance everyday convenience, while the bayfront primary suite serves as a luxurious retreat with walls of glass framing spectacular water views and access to an expansive terrace overlooking the bay. The en-suite bath is a spa-like sanctuary featuring extensive custom cabinetry, dual vanities, dedicated makeup area, soaking tub, large glass-and-tile shower, and private water closet. Three additional guest suites are positioned privately along the western wing of the home, each offering walk-in closets, en-suite baths, and one with direct terrace access. Outdoor living is equally exceptional. The multi-level bayfront entertaining areas include an expansive covered terrace with built-in grilling station, lounge and dining spaces, heated swimming pool, and direct boating access—creating an ideal environment for boating enthusiasts and waterfront entertaining alike.
Located within the coveted Bird Key community, residents enjoy a prime Sarasota address between downtown Sarasota and St. Armands Circle.

SARASOTA

667 MOURNING DOVE DRIVE

5 Beds

5 Baths

6,570 Sq.Ft.

$10,995,000

MLS#: A4692992

Under Construction. Superb New Construction opportunity in Harbor Acres, a one-third-acre waterfront property on the widest part of the neighborhood's deep-water harbor on Sarasota Bay. The views are great and the home is located on a protected, sailboat water basin with no bridges to the Gulf of Mexico. Newer boat dock and boat lifts accommodate up to 15,000-pound boat plus two recreational water craft, making easy access to Sarasota's waterways and the gulf, AND the home was designed by one of the BEST architectural firms, MHK, and under construction by one of the BEST waterfront builders, Voigt Brothers. The floor plan is amazing and the home is available for purchase during the construction phase, which makes it easy for future owners to modify the interior plans to their desires and choose their finishes.
Harbor Acres is considered one of the best neighborhoods in Sarasota— and speaking of BEST, it has it all….location, waterfront, appreciation, neighbors. A close-knit community that is close to Downtown Sarasota and in-town amenities yet a half mile to Sarasota Memorial Hospital and Southside Village shops and restaurants. Call for floor plans or to walk the property.

SARASOTA

1340 HARBOR DRIVE

4 Beds

5 Baths

5,157 Sq.Ft.

$10,995,000

MLS#: A4680096

Price reduced

A modern masterpiece on Sarasota Bay, this architectural landmark embodies contemporary design and sustainable luxury. Set on over an acre in the prestigious Indian Beach neighborhood—Sarasota’s renowned “Museum Area”—the gated estate boasts nearly 180 feet of waterfront with panoramic views that extend endlessly across the Bay.
Conceived by acclaimed architect Mark Sultana of DSDG and expertly built by Voigt Brothers, the elevated residence rests gracefully on monumental columns, appearing to float above the landscape. Open-air colonnades below provide serene shaded spaces and complete storm protection, while the reinforced concrete structure—including the roof—ensures enduring strength. Elegant wood accents and striking architectural details bring warmth and balance to its modern aesthetic.
A powerful solar array crowns the home’s concrete roof, allowing fully off-grid operation. Beyond the oversized glass pivot door, a suspended staircase with solid wood treads and an elevator ascends to the main living level. Inside, walls of floor-to-ceiling impact glass frame mesmerizing water views from every room. The expansive great room transitions seamlessly to a vast covered terrace, creating a breathtaking indoor-outdoor living experience.
The sleek chef’s kitchen—enhanced by movable glass partitions—easily shifts from an open-concept entertainer’s dream to an intimate culinary retreat. The primary suite, privately positioned on the southern wing, offers inspiring views of the Ringling Bridge and includes a tranquil study. Along a sunlit gallery, four generous guest suites open to a full-length veranda overlooking Longboat Key and the Bay, with spa-like baths designed to let the water remain ever-present.
On the ground level, a four-car garage, ample storage, bonus space, and a shaded lounge connect to the dramatic 60-foot heated wet-edge lap pool—its horizon line merging with the sparkling city skyline. Just minutes from Downtown Sarasota, St. Armands Circle, Lido Beach, and celebrated cultural landmarks, this solar-powered sanctuary redefines coastal contemporary living, where architecture, innovation, and nature unite in perfect harmony.

SARASOTA

4123 BAY SHORE ROAD

5 Beds

6 Baths

5,117 Sq.Ft.

$10,888,000

MLS#: A4688729

Pre-Construction. To be built. This luxurious grand canal-front estate offers direct deep-water boating to the Gulf, out of one of the most exclusive neighborhoods on north Siesta Key. This in progress New Construction property by Pham Development is on an expansive 17,842 SF and 0.41 acre lot, with a 4,769 SF traditional-style home to be built. Enjoy two separate guests suites on top of the two 2-car garages, for a total of 4 garage spaces, both with elevator access to the above suites. The master bedroom will have water views, and the grand entry home hosts a total of 6 bedrooms, 6 baths, and 1 powder bath.

This property's deep-water grand canal with no bridges is ideal for yachts and boats, with up to a 13-foot draft. A new dock and boat lift is set to be installed. Inside, expansive living spaces boast high-end finishes and top-of-the-line appliances, blending timeless elegance with modern comfort. Enjoy the water, and a large backyard perfect for entertaining, a private pool, and new lush landscaping—making this the ultimate waterfront estate for family.

SARASOTA

3441 GULFMEAD DRIVE

6 Beds

6 Baths

4,769 Sq.Ft.

$10,500,000

MLS#: A4693315

Virtually Staged. Under Construction. The Rosewood Residences, Lido Key is the first collaboration between Rosewood and a developer for a stand-alone residential condominium bearing the prestigious Rosewood name. Offering a limited collection of 65 stunning private residences located on 3.5 acres of one of the most treasured beaches on the West coast of Florida with 235 feet of beach frontage. The 11-story design by Miami based Swedroe Architecture with interiors spaces thoughtfully designed by Lillian Wu Studios of NYC. Offering 24-hour concierge, valet parking and bespoke owner services by Rosewood Resorts. Residence #1108 features 11’ ceilings, 4 bedrooms, 4.5 baths plus den with 4,482 square feet perfect for entertaining. Dramatically organized around an expansive island and an inviting full size wet bar warmed by sunny southern exposure with city and bay views to the East. As the private elevator doors open to the grand salon, the abundance of light and floor to ceiling windows provide a spectacular view of the Gulf of Mexico. Three guest ensuite bedrooms plus a spacious den ensuring owners and guests privacy. The Owner’s suite continues the views even further, with a full wall of floor to ceiling windows and glass door leading out to your expansive terrace. Imagine waking up to this view and enjoying a cup of coffee from the morning bar without having to leave your owner’s suite. No detail overlooked in the expansive kitchen with Wolf, Sub-Zero, Waterworks plumbing fixtures, Rocky Mountain hardware and Irpinia cabinets with a multitude of finish choices. Grab your favorite vintage from your Sub-Zero wine refrigerator as the chef in your life creates their masterpiece on the outdoor summer kitchen with built in gas grill. The residence is a perfect location for entertaining and offers a separate service galley with a second refrigerator, oven, and dishwasher, a perfect space for catering or a dinner prepared by your onsite chef and delivered by the in-residence dining team. The 46,900 square foot amenity level offers an intimate, private club atmosphere surrounded only by family and friends. The spaces are perfect for gathering or quiet escape. Only 65 owners, your experience will be as private as it will be luxurious. Lavish amenities include a private waterfront Bistro dining option, a world-class fitness center with options for private training and yoga, two outdoor pools, private cabanas, day beds, towels, food and beverage service. The wellness spa is a haven for relaxation with hot and cold plunge pools, sauna and steam rooms and private massage treatment rooms. The Club Lounge, serving morning coffee, is a wonderful place to start the day. The other amenities include an exciting game room with TVs, bar, billiards, jukebox and game tables, a nine-seat private theater and six generously sized guest suites allowing owners’ family and friends to enjoy the pleasures of this private resort. The 3rd level pool terrace offers a Zero-edge swimming lap pool & spa with sun shelf, day cabanas and social seating. Fire pit terraces, bocce lawn, Butterfly & chefs garden. The Beach club with a Zero-edge swimming pool with sun shelves and day cabanas, chairs, towel and umbrella service also includes an outdoor pursuits program including kayaking and standup paddle boards. Rosewood’s “Enriched Living” creating experiences that are authentic, original, and deeply personal by offering impeccable service and unparalleled attention to detail. Private enclosed 4 car garage included.

SARASOTA

1000 BENJAMIN FRANKLIN DRIVE 1108

4 Beds

4 Baths

4,482 Sq.Ft.

$10,400,000

MLS#: A4631351

Ultra-Prime Development Opportunity on Golden Gate Point with Unmatched Versatility. This exceptional 0.496-acre site consists of 3 parcels totaling 21,600 sq. ft. and offers a premier canvas for a developer to build a bespoke luxury project of their choice under flexible RMF5/GGP Overlay zoning. For those looking to capitalize immediately on Sarasota’s thriving luxury market, this property comes ready to go vertical with the fully designed, engineered, and permitted project. Skip the years of city approvals: this permit-ready package features a stunning mid-rise boutique design by the renowned Hoyt Architects, featuring 12 ultra-luxury residences and two magnificent full-floor penthouses on the 8th and 9th levels. The approved plans incorporate premium lifestyle amenities, including an infinity-edge resort pool/spa deck, an exclusive resident club room, private secured parking, and residences designed to capture spectacular Intracoastal and Gulf Coast water views. Perfectly nestled in a highly desirable, garden-like oasis setting, this flat, clear site features 180 feet of road frontage and full utility connectivity. Future residents will enjoy an elite, walkable lifestyle just steps from downtown Sarasota, Marina Jack, and the Ringling Bridge, and just minutes from St. Armands Circle and Lido Key beaches. Whether you bring your own vision or break ground tomorrow using the fully approved luxury plans, this is a rare, high-margin opportunity in Sarasota's most coveted waterfront enclave.

SARASOTA

621 GOLDEN GATE POINT

None Beds

None Baths

0.5 acres

$9,999,000

MLS#: A4694968

Virtually Staged. Under Construction. A Coastal Masterpiece nestled on the pristine shores of the Gulf, Rosewood Residences Lido Key redefines luxury living with 65 residences that seamlessly blend timeless elegance, modern comfort, and the effortless charm of coastal life. This remarkable new development is more than a home—it’s a sanctuary designed for those who appreciate refined living in a breathtaking natural setting. An open-concept Haven for entertaining and connection, experience enhanced modern living in this breathtaking Model residence curated by Lillian Wu Studio NYC. At the heart of the residence lies a thoughtfully designed open living layout that fosters both intimacy and grandeur. The expansive kitchen features Wolf, Sub-Zero, and Waterworks plumbing fixtures, Rocky Mountain hardware, Irpinia cabinets, and dual central islands, ideal for hosting sophisticated gatherings—from savoring your favorite vintage from the Sub-Zero wine refrigerator during wine and cheese evenings to celebratory dinners. Adjacent to this culinary centerpiece is a corner bar, perfectly positioned near the terrace and outdoor BBQ station, allowing for a fluid transition between indoor and outdoor entertainment. The salon, flanked by two generous terraces, offers panoramic views and abundant natural light, creating a serene yet vibrant atmosphere. These terraces extend the living space outward, inviting the gentle Gulf breeze and golden sunsets into everyday life. Whether you’re hosting family holidays or enjoying quiet mornings, this space captures the essence of coastal living. With materials that speak to sophistication throughout the residence, wide plank solid wood flooring lays the foundation for understated luxury. Its rich texture and natural warmth are complemented by soft, tactile upholstery, creating a harmonious balance between structure and comfort. Each area within the open-plan layout is subtly defined by custom abstract-patterned rugs, which not only add visual interest but also provide a soft, inviting feel underfoot. A Primary Suite anchored in elegance, a Calico abstract impression wallcovering serves as a striking focal point, setting a tone of artistic sophistication. Surrounding the bed, curated leather accent pieces introduce a touch of masculine energy, balancing the softness of the room’s palette and textures. Beyond the residence, the 46,900 sf amenity level offers an intimate, private club atmosphere with lavish amenities, including a private waterfront Bistro dining option, a world-class fitness center with options for private training and yoga, two outdoor pools, private cabanas, day beds, towels, food, and beverage service. The wellness spa is a haven for relaxation with hot and cold plunge pools, steam rooms, and private massage treatment rooms. The Club Lounge, serving morning coffee, is a wonderful start to the day. Other amenities include an exciting game room with TVs, bar, billiards, jukebox, and game tables, a nine-seat private theater, and six generously sized guest suites for owners’ family and friends to enjoy the pleasures of this private resort. The 3rd level pool terrace offers a Zero-edge swimming lap pool & spa with sun shelf, day cabanas, social seating, fire pit terrace, bocce lawn, and Butterfly & Chef's garden. The Beach Club includes a Zero-edge swimming pool with sun shelves, day cabanas, chairs, as well as towel and umbrella service. Outdoor pursuits include kayaking and stand-up paddleboarding. Private enclosed garage included.

SARASOTA

1000 BENJAMIN FRANKLIN DRIVE 904

3 Beds

3 Baths

4,081 Sq.Ft.

$9,800,000

MLS#: A4669382

Rare Mixed-Use Investment & Redevelopment Opportunity

Unique in its kind and virtually impossible to replicate, this prominent 10,000 SF mixed-use commercial asset is located within the one and only St. Armands Key district, one of the most exclusive and supply-constrained retail and dining destinations on Florida’s Gulf Coast.

Positioned on a highly visible corner lot with three street frontages, the property combines stabilized income with exceptional long-term redevelopment potential.

The ground floor is currently leased to an operating restaurant under a five-year lease commenced August 2025, providing immediate income to the new owner. The second floor offers flexible office, hospitality, or repositioning opportunities.

Constructed of reinforced concrete, steel, and glass, the structure was originally engineered to support vertical expansion. The city has already approved one additional 5,000 SF level, with potential for further expansion subject to review and approval.

?

Investment Highlights

10,000 SF two-story commercial building
Corner property with three street frontages
Stabilized income component
Flexible second-floor configuration
Approved vertical expansion
Air rights / redevelopment upside
Reinforced concrete and steel construction
Rare St. Armands Key location
Hurricane-resilient structure
Rear loading and unloading area
Direct owner offering
Air Rights & Vertical Expansion
The current building height is approximately 22 feet. The city has already approved one additional 5,000 SF level, and the structure was originally engineered to support up to six stories, subject to future review and approval.
This creates a rare opportunity for long-term redevelopment and value creation in one of Sarasota’s most desirable island markets.

SARASOTA

40 S BLVD OF THE PRESIDENTS

None Beds

None Baths

9,313 Sq.Ft.

$9,700,000

MLS#: TB8516925

An Architectural Masterpiece on Sarasota Bay. Commanding one of Sarasota’s most spectacular bayfront settings, this gated estate blends cutting-edge engineering with timeless coastal living. Built on 55 deep concrete piles extending 30 feet underground, the home is constructed entirely of cast-in-place concrete and masonry, including every slab and the roof, creating a true hurricane fortress designed to endure generations. A massive 8-car garage sits beneath this elevated residence on an oversized, fenced lot, offering both privacy and security. Inside, the open-concept layout was intentionally designed with no interior bearing walls, supported only by a few discreet columns per floor—allowing future owners to reimagine the floor plan freely to suit any lifestyle. Outdoors, the property feels like a private resort. The waterfront pool area features sunken seating and a swim-up bar, perfect for entertaining or soaking in Sarasota’s sunsets over the bay. An elevator serves all levels, including the roof, where there’s potential for an extraordinary rooftop terrace with panoramic views of Sarasota Bay and the skyline. Documents are currently being finalized for a dock permit, which will enhance the property’s existing direct Sarasota Bay access and allow for private boat docking in the future. 4035 Bay Shore Road isn’t just built, it’s engineered to impress. A home where modern strength meets pure waterfront serenity.

SARASOTA

4035 BAY SHORE ROAD

8 Beds

8 Baths

8,875 Sq.Ft.

$9,500,000

MLS#: A4667415

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