Price Reduction - Seller Financing
Address
621 Golden Gate Point, SARASOTA, FL
Price
$ 8,500,000
Property Attributes
  • MLS#A4694968
  • TypeLand
  • Listing Status Active
  • CountySarasota
  • CitySARASOTA
  • AreaSarasota
  • NeighborhoodGOLDEN GATE POINT
  • Zip34236
  • Style
  • Taxes$ 73571
  • Price$ 8,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.5 Acres
Data Source:
Stellar MLS
Property Description

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.

Price History
5/28/2026 Listed $9,999,000
7/29/2026 5$9,500,000
8/26/2026 6$8,950,000
9/24/2026 5$8,500,000

General Features

Sewer Public Sewer
Utilities Cable Connected,Electrical Nearby,Electricity Available,Fiber Optics,Other
Zoning RMF5
Pets Allowed Yes
Tax Year 2025
Current Use Residential
Ownership Fee Simple
County Sarasota
Property Type Land
Subdivision Name GOLDEN GATE POINT
Status Active
Directions From downtown Sarasota, head west on Main Street toward the bayfront. Turn right onto North Tamiami Trail (US-41 N), then use the left lanes to turn left onto Gulfstream Avenue toward the John Ringling Causeway. Just before the bridge, turn right onto Golden Gate Point. Follow the loop around to 621 Golden Gate Point.
City SARASOTA
Association Name Golden gate asosiation
MLS Area 34236 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 21600
Listing Terms Cash,Conventional,Owner May Carry,Private Financing Available,Special Funding
Tax Annual Amount 73571
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4694968
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 3
Legal Description LOTS 3, 4 & 5 BLK B GOLDEN GATE POINT, BEING SAME LANDS AS DESC IN ORI 2022076538 & 2022189280
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE

Exterior Features

Water Source Public
Lot Size Area 21600
Lot Dimensions 120 x 181
Lot Size Acres 0.5
Road Surface Type Paved
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34236

Price
AVG $3.13M
$8.5M
Taxes
AVG $24,158
$73,571