Downtown Sarasota

High-rise luxury and waterfront walkability

About Downtown Sarasota

Downtown Sarasota is the Gulf Coast's most concentrated luxury condo market — a high-rise corridor along Sarasota Bay anchored by landmark buildings like The Owen, The Edge, Ritz-Carlton Residences, and AQUA. The area combines bayfront views, walkable access to St. Armands Causeway, the Bayfront Park, the Sarasota Opera House, and a dense restaurant and gallery scene, with active new construction continuing to reshape the skyline. This page covers the urban core excluding the Rosemary District.

High-rise condo living Bayfront walkability New construction corridor Cultural & dining hub

Downtown Sarasota Closed Market Snapshot

Averages across 296 sold and 69 pending listings in the Downtown Sarasota submarket. Pre-list and withdrawn activity excluded. Price range: $190,000$12,499,000.

Downtown Sarasota sold and pending market statistics
Metric Value
Average Price $1,769,992
Average Price / Sq Ft $780
Average Year Built 2002
Average Living Area 1,983 sq ft
Average Days on Market 108 days

Data sourced from Stellar MLS via the Adamson Group data pipeline. Last updated July 20, 2026.

Downtown Sarasota Active Inventory & Recent Sales

A live snapshot of the Downtown Sarasota luxury real estate market — built directly from the Sarasota MLS feed and refreshed regularly. Data through July 20, 2026.

Active Inventory

Active Listings
202
Median List Price
$1,760,000
Median Price / Sq Ft
$914
Waterfront Share
32%

Of 202 active listings, 64 are waterfront (32%) and 93 are new construction built in 2020 or later (46%).

Active Inventory by Price Band

Downtown Sarasota active listings grouped by price band
Price BandActive Listings
Under $900k45
$900k – $1.5M51
$1.5M – $3M44
$3M and above62

Recent Sold Activity (Last 90 Days)

Sold Listings
79
Median Sold Price
$1,140,000
Median Days on Market
91
Sale-to-List Ratio
87.2%

Most Recent Sold Comparables (Last 90 Days)

5 most recent sold listings in Downtown Sarasota
AddressSoldDateBd / BaSq FtBuilt
101 S GULFSTREAM AVE #15CDOLPHIN TOWER$290,0002026-07-171 / 29851974
35 WATERGATE DR #1101THE TOWER RESIDENCES$3,250,0002026-07-163 / 33,7512003
136 GOLDEN GATE PT #502(waterfront)THE PHOENIX$2,350,0002026-07-163 / 3.53,7852001
800 N TAMIAMI TRL #1512ALINARI$580,0002026-07-152 / 21,3232007
1064 N TAMIAMI TRL #1308BROADWAY PROMENADE$350,0002026-07-152 / 29852007

Active inventory and recent sold data sourced directly from the Sarasota Stellar MLS feed via the Adamson Group data pipeline. Geographic boundaries enforced via PostGIS — listings are assigned to Downtown Sarasota based on actual coordinates, not just postal code. Data through July 20, 2026. All figures approximate and subject to change.

Downtown Sarasota Active Condos by Construction Era

Active condominium, villa, townhouse inventory in Downtown Sarasota — 193 listings split across four construction eras. Newer towers carry a meaningful price premium; vintage mid-century buildings still dominate volume.

Downtown Sarasota active condo, villa, and townhouse listings grouped by construction era
Build Era Active Avg Price Avg $/Sq Ft Avg Living Avg DOM
Pre-1990Built before 199042$1,116,590$6471,617sq ft168days
1990 – 2005Built 1990 through 200525$1,921,732$7442,326sq ft142days
2006 – 2019Built 2006 through 201936$1,778,022$7642,024sq ft134days
2020 & NewerBuilt 2020 or newer90$3,832,789$1,3282,708sq ft184days

Scope: active condominium, villa, townhouse listings only. Single-family residences are excluded so the era-over-era price-per-square-foot comparison stays apples-to-apples. Data sourced from Stellar MLS via the Adamson Group data pipeline. Last updated July 20, 2026.

Typical Condo Dues

Monthly condo fees for active and recently sold Downtown Sarasota condominiums, villas and townhouses — from the lowest-fee associations to full-service luxury buildings.

Median Monthly Dues

$1,744/ mo

Median

Minimum

$352/ mo

Maximum

$11,729/ mo

Source: Stellar MLS via the Adamson Group data pipeline. Monthly condo dues only; entries under $100/mo are treated as data-entry errors and omitted. Figures approximate and vary by building, square footage and amenities.

Downtown Sarasota Market Questions & FAQ

Is Downtown Sarasota a buyer's or seller's market right now?

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With 202 active listings and roughly 21 closed sales a month (trailing 12 months), Downtown Sarasota has about 9.7 months of supply — a buyer's market (under 5 favors sellers, over 7 favors buyers).

What does a single-family home cost versus a condo on Downtown Sarasota?

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Single-family homes sell around $950,000 ($563/sq ft), while condos, villas and townhouses sell around $1,150,000 ($688/sq ft).

What's the price range on Downtown Sarasota?

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Active listings run from $190,000 to $12,499,000, with a median asking price of $1,760,000.

How quickly do homes sell on Downtown Sarasota?

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Recently sold homes took a median 91 days on market and closed at 87.2% of original list price (trailing 90 days).

Can I keep a boat — how many Downtown Sarasota homes have a dock?

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Of 64 active waterfront listings, 32 include a private dock; bay- and canal-front homes with a dock and lift command a clear premium over those without.

What are typical HOA and condo fees on Downtown Sarasota?

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The median monthly condo fee is $1,738 and the median monthly association fee is $1,655.

What is the median price for a downtown Sarasota condo?

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As of July 20, 2026, the median list price for active downtown Sarasota residences is $1,760,000, with a median sold price of $1,140,000 across the most recent closed sales. The market spans from entry-level condos to ultra-luxury penthouses in buildings such as AQUA on Golden Gate Point. Data sourced from Stellar MLS via PostGIS-verified geographic boundaries (Rosemary District excluded).

What is the price per square foot in downtown Sarasota?

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The median price per square foot for active downtown Sarasota listings is $914 as of July 20, 2026. Bayfront and Golden Gate Point penthouses regularly exceed $1,500/sqft, while interior-facing units in older mid-rise buildings trade well below the median.

How many condos are for sale in downtown Sarasota?

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There are currently 202 active downtown Sarasota listings, with 69 under contract (pending) and 79 closed sales recorded in recent months. The active inventory is concentrated in high-rise towers along the bayfront and Main Street corridor, with the balance in mid-rise and low-rise buildings.

How long do condos take to sell in downtown Sarasota?

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The median days on market for sold downtown Sarasota condos is approximately 91 days as of July 20, 2026. The current sale-to-list ratio is 87.2%, meaning sellers are typically accepting offers below their original asking price — a softness signal that gives qualified buyers room to negotiate, particularly on older inventory.

What is the typical HOA or condo fee in downtown Sarasota?

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The median monthly condo fee for downtown Sarasota properties is approximately $1,738, with median total monthly association costs of $1,655, as of July 20, 2026. High-end buildings with concierge service, pools, fitness centers, and bay views (such as AQUA, The Tower Residences, and BLVD Sarasota) trend higher, often $3,000+ per month for larger residences. Older mid-rise buildings carry meaningfully lower fees.

Is downtown Sarasota a buyer's or seller's market in 2026?

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As of July 20, 2026, downtown Sarasota shows a sale-to-list ratio of 87.2%, a median 91 days on market, and 202 active listings against 79 recent closed sales. 93 of the active listings are post-2020 construction, and that volume of new product delivering simultaneously contributes to elevated absorption time — especially in the $1.5M–$3M segment, where 44 active listings compete.

How much new construction is available in downtown Sarasota?

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Approximately 93 of 202 active downtown Sarasota listings are new construction built in 2020 or later. The downtown skyline is in an active building cycle, with major projects including The Owen, The Edge, Ritz-Carlton Residences, Epoch, and Rosewood Residences delivering or pre-selling. This is the largest concentration of new luxury condo construction on Florida's Gulf Coast.

What does $1.5 million buy in downtown Sarasota?

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Between $1.5M and $3M, current downtown Sarasota inventory includes 44 active listings — typically larger 2- and 3-bedroom condos with bay views, mid-floor units in landmark buildings, or new-construction residences in pre-completion projects. Below that, 45 active listings sit under $900k and 51 fall in the $900k–$1.5M band. Above $3M there are 62 active listings, the highest concentration being penthouse and bayfront units.

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