Lawrence Pointe

Listings For SaleSold History and Market Report

Lawrence Pointe Condos for Sale – Sarasota, Florida 34236

Lawrence Pointe

Lawrence Pointe consists of three downtown midrise condominium buildings with 40 residences, which have weathered the ups and downs of the market for Sarasota condos for sale. This property is located in the prime Sunset Drive west of the downtown. It was constructed in the late 1970s on the tail-end of a condo building boom and bust replicated recently in the housing downturn leading to the 2007-2009 Great Recession.

The floor plans in this condominium range from about 1,500 square feet up to nearly 3,000 square feet. Through a broker sharp on market opportunities created by past market challenges, some great deals can be had at Lawrence Pointe. In October 2014, a 1,560-square-foot unit in this property earlier acquired from foreclosure auction was resold at $150,000.

Hot market sellers

Lawrence Pointe

Even at higher price points, available units in this community can quickly be grabbed among select Sarasota condos for sale. These days, a Lawrence Pointe two-bedroom condo unit having a floor plan of around 1,500 square feet can have an asking price in the mid $800s.

Lawrence Pointe condos are quite in demand among prospective buyers because these residences are very well-maintained and are typically in move-in condition. Another big plus is provided by the full views of the Sarasota Bay that this condominium provides, particularly at its upper floor, end units.

Superb condo management

Lawrence Pointe

The upkeep of the condominium complex is likewise outstanding with an update of its recreation facility among recent improvements. Besides a club room, the other amenities in the property include a heated swimming pool adjacent to the bayfront, on-site storage, and an under-building parking accessible directly to/from a well-secured lobby and elevator.

The superb order and repair of Lawrence Pointe speaks well of its homeowners association which has selected an efficient full-time residential manager. Notably, too, stable annual income is ensured for the condo association with its multi-year contractual property lease agreement with the nearby Ritz Carlton.

The Gulf Coast lifestyle provides another strong market push for Lawrence Pointe condos for sale. Heading west over the John Ringling bridge opens choices between Lido and Longboat Key beaches. As convenient, this condominium enjoys proximity not only to local centers of the performing arts, such as the Ringling Museum and the Opera House, but also to shopping and dining venues in the downtown and St. Armands Key.

Downtown transformation helps

What’s also exciting about Lawrence Pointe condos for sale is that more life and leisure establishments are coming in with the spate of new condominium construction in and around the city center. The latest entrants include the Tampa Bay-based chain Taco Bus and Paddywagon Irish Pub opening its ninth Southwest Florida location in Sarasota. Another is Evies bar which has geared up for a downtown bowling alley.

These three new establishments, all located in a Main Street building, are expected to be just the start of a downtown transformation. The Sarasota Bayfront 20:20, a taskforce created by the city, held public meetings in early 2015 to generate ideas for the development of 75 acres of public and private waterfront land near the downtown.

Lawrence Pointe Condos for Sale

Below are the current real estate listings available at Lawrence Pointe

Please contact me if you would like to schedule a tour of any of the listed properties below.

MLS# A4586409 - Status: Active View Property Details Add to Favorites View Map

  • 101 SUNSET DR #402
  • Price: $1,975,000
  • Zip Code: 34236
  • 2179 Square Feet
  • Subdivision: LAWRENCE POINTE I
  • Bedrooms: 3 Baths: 3
  • Escape to an elegant, amenity-rich lifestyle in Lawrence Pointe, where breathtaking bay and sunset views complement the spacious and open ambiance of this 3BR residence. Upon entry, you'll be immediately entranced by the expansive, light-filled livin ... Read More
  • Listing courtesy of: COLDWELL BANKER REALTY