Sarasota Townhouse Inventory Growing Healthier


SARASOTA, FLORIDA, April 12th, 2016 – Several property developments in the Burns and Laurel Park Overlay districts are giving a healthy boost to thin inventory of townhouse condo units around downtown Sarasota.

One of these projects is the Enclave at Laurel Park which is planned for 20 homes at 1938 Laurel St. Its developer, Oaktree Development, envisions it as affordable housing and hopes to have its groundbreaking around the first quarter of 2017 if there are no setbacks in city approvals and permits. The local neighborhood association, notably, has welcomed this development and prefers it to the 23,500 square feet of space that the property was previously zoned for.

For upscale townhouses in the Laurel Park Overlay District, choices are already available at the “Q” which is winding up at 1750 Ringling Boulevard. Costing over $8 million, this project of Jebco Ventures is bringing in some 40 additional townhouses in the inventory of Sarasota condos for sale. The “Q” units flaunt a distinctively modern urban loft style and are priced from the $300s to the $700s. These townhouses come in choices of two- or three-story designs with floor areas ranging from 1,889 to 4,276 square feet.

A Pair from Gulfside Homes

Sarasota Townhouse Inventory Growing Healthier

Across east of Laurel Park off Osprey Avenue, Sarasota-based Gulfside Homes has started pre-construction selling for its two-story townhome condominium, Cottage Walk. Spacious with a private garden entrance, this budding community is planned for just eight residences having floor plans measuring from 1,700 to 2,125 square feet with flexible three-bedroom designs. Included in each townhome package are granite countertops, a private sundeck and a spacious veranda. Price points start in the $600s for the maintenance-included Cottage Walk that promises to further enliven the market for Sarasota condos for sale.

A few blocks at 1710‒1720 Alderman St. in south Burns District, pre-construction selling has also begun for Gulfside Homes’ luxury waterfront townhouse project, Hudson Commons. This new community is also set for only eight high-end units designed with four bedrooms within floor areas ranging from 2,400 up to 3,100 square feet. The low $1 million range is the starting sales price Gulfside Homes quoted for Hudson Commons pre-construction units.

Cradled by majestic oaks, Hudson Commons will feature private elevators and a private garden in its rooftop. Upgrade options for the Sarasota condos for sale here include home theater, billiards room, indoor spa and outdoor summer kitchen. The property is located beside Hudson Bayou which allows Sarasota Bay access.

Rich Mix at Burns Court

A few blocks west of these Gulfside Homes projects, several other developments are in progress in the Burns Court area, a hot spot in searches for Sarasota condos for sale. One of these is the Orange Club of the Toronto-based Vandyk which is building nine townhomes plus 15 condos at 635 S. Orange Ave. These units are planned in three separate buildings with a project cost of some $7 million and completion expected in March 2017.

Another developer in this Burns Court neighborhood is Thirty-Four-Seventy-Five LLC which has programmed 15 residential units and a pair of guest suites in a five-story building at 711 S. Palm Avenue. This new mid-rise condo, named Azure on Palm, has a project cost of nearly $9.5 million and further enriches the market mix of Sarasota condos for sale.

A high-rise Burns Court condo, the 18-story Echelon is likewise under construction nearby at 624 South Palm Avenue. Costing $20 million, this condominium is planned for 17 units with expected completion in the summer of 2017. It is a project of the Ronto Group, one of several downtown condos under construction that have lately found a strong echo in new townhouse developments.