Active

161 Golden Gate Point

SARASOTA, FL 34236

$3,995,000 $16,843/Mo

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Overview

7,200

Sqft(Lot)

0.17

Acre(Lot)

Description

One of the Last Remaining Legacy Properties on Golden Gate Point | Rare Trophy Ownership, Redevelopment & Strategic Hold Opportunity A truly rare offering in one of Sarasota’s most exclusive and rapidly evolving luxury enclaves. With no true single-family homes currently remaining on Golden Gate Point and only a small handful of original legacy properties left, 161 Golden Gate Point represents one of the final opportunities to control a meaningful piece of “old Golden Gate” before the peninsula is fully transformed. Positioned in the heart of downtown Sarasota, across from the Ritz-Carlton and adjacent to Marina Jack, the property currently consists of a fully updated Four-unit building featuring newer central A/Cs, five-piece stainless kitchens, quartz countertops, new roof (2025), separa te electrical meters, gated courtyards, hot tub, and gazebo — offering immediate usability and meaningful interim income while future plans are explored. Located within the City of Sarasota weekly vacation rental zone, this creates a rare opportunity not commonly found in downtown Sarasota — operate the property similarly to a boutique hotel. For the visionary buyer, this may represent a once-in-a-generation opportunity to create what could become Golden Gate Point’s only true single-family estate — a one-of-one trophy residence in the heart of downtown Sarasota. The property also presents compelling redevelopment potential. Golden Gate Point benefits from alternative development standards intended to support a more urban, pedestrian-friendly environment, including reduced setbacks, increased building coverage allowances, and flexible dimensional standards — enhancing redevelopment possibilities in this highly sought-after peninsula location. Similar RMF-5 sites on Golden Gate Point have supported boutique luxury residential concepts, while the adjacent rear assemblage totaling approximately 21,600 SF is also available, creating a rare opportunity for a larger strategic assemblage in one of Sarasota’s most supply-constrained luxury micro-markets. 161 also represents a compelling long-term hold opportunity. As Golden Gate Point continues its luxury transformation — and remaining legacy properties disappear — the opportunity to control irreplaceable downtown Sarasota land becomes increasingly rare. Just moments to Marina Jack, downtown Sarasota dining, St. Armands Circle, Lido Beach, and Sarasota’s transformative bayfront destination, The Bay. Whether envisioned as: • Rare short-term rental building where you control the entire property • One of Golden Gate Point’s final legacy holdings • A future one-of-one single-family estate • A boutique luxury redevelopment site • A strategic assemblage opportunity • A family office or long-term scarcity hold • Or a rare downtown Sarasota land play with meaningful interim income potential …opportunities of this nature are becoming increasingly difficult to replicate.

Property Details

Property Type : Land

Price : $3,995,000

AD Id : 83755558

MLS Id : MFRA4696806

Lot Size : 0.17 Acre(Lot)

Living Area Size : 7,200

County : Sarasota

Subdivision: Golden Gate Point

Map

What's Nearby

Nearby Areas

Features

Water Source

WaterSource: Public

Lot Information

Lot Dimensions: 60x120 Lot Square Feet: 7200 Lot Acres: 0.17 Lot Size (SqMt): 669

Property Information

Property Type: Land

Listing Price Information

Original List Price:$3995000

Tax Information

Tax Block: B Tax Book Number: 763-906 Tax Lot: 30 Tax Legal Description: TROPITINA APTS LOT 30 BLK B GOLDEN GATE POINT DOC 84 Annual Tax: $21915 Tax Year: 2025 Parcel Number: 2010080030

Virtual Tour

Virtual Tour (External Link)

Homeowners Association Information

HOA: $20.00 Annually

School Information

Elementary School: Southside Elementary
Utility Information

Electricity Available, Sewer Connected, Underground Utilities, Water Connected Sewer: Public Sewer Water Source: Public
Location Information

Subdivision: GOLDEN GATE POINT City: SARASOTA Direction: US-41 round-a-bout West toward John Ringling Causeway. Turn left at first light onto Golden Gate Point. Turn right at the stop sign, 161 Golden Gate is the 2nd building on the left.

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Nearby Home Value

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1744 10th St, Sarasota, FL, 34236	$625,000	--	--	--	Acres (Lot)--
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1930 Adams Lane, Sarasota, FL, 34236	$725,000	--	--	5,000	0.11 Acre(Lot)
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449 N Osprey Avenue, Sarasota, FL, 34236	$414,999	--	--	5,042	0.12 Acre(Lot)
1744 10th Street, Sarasota, FL, 34236	$625,000	--	--	6,800	0.16 Acre(Lot)
1721 8th Street, Sarasota, FL, 34236	$650,000	--	--	9,200	0.21 Acre(Lot)
1705 6th Street, Sarasota, FL, 34236	$1,600,000	--	--	12,077	0.28 Acre(Lot)
624 Goodrich Avenue, Sarasota, FL, 34236	$1,600,000	--	--	10,388	0.24 Acre(Lot)

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ByOwner last updated this listing 06/12/2026 @ 06:20

MLS: MFRMLS #A4696806 LISTED BY: Amy Robinson, AMY ROBINSON REAL ESTATE LLC 941-346-7000 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)