Sarasota Luxury Condo Sales Off to a Sizzling Start


SARASOTA, FLORIDA, January 25th 2017 – Sales of luxury condos in Sarasota appears off to a sizzling start in 2017 with nine units priced over the $1 million mark already recorded sold in the MLS as of the third week of January. Already above the seven luxury Sarasota condos sold in January 2015, the 2016 initial sales notably included four successive deals closed at the new Sansara condominium this month.

This boutique, mixed-use condo building with 10 stories was completed as scheduled during the latter half of 2016 and work on its finishing touches is currently in full swing. Sansara sits on the southwest corner of Pineapple Avenue and Ringling Boulevard, a superb location that must have helped drive market interest on its posh residences.

Sansara Penthouse Sold

Sarasota Luxury Condo Sales Off to a Sizzling Start

The Sansara has 17 residential condos laid out from the second to the ninth floor, with a pair in each level. The top floor is the exclusive domain of a penthouse with a price quote of nearly $4 million and was among the Sansara units sold this January. It features a total floor area of 4,720 square feet designed with four bedrooms and four baths.

The other condos of the Sansara have floor plans ranging from 2,264 to 1,794 square feet, featuring three bedrooms and three baths. These units, including those sold this January, are quoted between $1.2 million and $2.3 million.

The Sansara condos for sale define opulence in their 10-foot ceilings, open floor plans and retractable window wall setups that extend the living areas to each unit’s 460-square-foot outdoor terrace.

A design of prominent local architect Gary Hoyt, the Sansara exudes a Zen-like ambiance. Its common areas feature bamboo, wood, stone and native plantings. Its amenity level on the second floor boasts of a pool, spa, cabanas, bar, fire pit and barbecue grille.

Sales Momentum at La Bellasara

At the Golden Gate Point Peninsula, activity on luxury Sarasota condos for sale has likewise picked up pace at La Bellasara, an older but a desirable condominium property as well. A unit priced close to the $2.4 million range was also sold here this January.

This deal follows a December sale of another unit at around the same price level. Both of these sold condos feature floor areas of about 3,000 square feet and partake of La Bellasara’s wondrous amenities. Units still available in this condominium are priced from around the $3 million mark up to the $4.7 million level.

Echoes at Lido Key

Similar back-to-back December‒January sales were notched at the Park Residences of Lido Key, which was completed in 2015. Both of these recently sold units are priced at $1.4 million range, featuring three-bedroom layouts within floor plans of 2,460 square feet.

Out of the 18 residences in this condominium at 129 Taft Drive, Lido Key, only two are left amongst listings of Sarasota condos for sale. These units are likewise priced at around $1.4 million and with the same square footages as those sold recently. Like the Sansara, Park Residences is also a boutique condominium development that is generating strong interest from prospective buyers of luxury Sarasota condos for sale.