621 GOLDEN GATE POINT

SARASOTA, FL 34236

Listing courtesy of KONA REALTY · MLS# A4694968

$8,500,000

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Property Details

Lot size

0.5 acres

Zoning

RMF5

Price / acre

$17,000,000

MLS#

A4694968

Listed

May 28, 2026

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.

Facts & Costs

Property type: Land
Zoning: RMF5
Current use: Residential
Lot dimensions: 120x181
Price per acre: $17,000,000
Road surface: Paved
Lot size: 0.5 acres
Days on market: 125
Waterfront: No
Community: Golden Gate Point
Subdivision: GOLDEN GATE POINT
County: Sarasota
Flood zone: AE

Monthly & yearly costs

Property taxes: $73,571 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Utilities & lot

Utilities: Cable Connected, Electrical Nearby, Electricity Available, Fiber Optics
Sewer: Public Sewer
Water: Public

Payment Estimate

$49,112 / month

Principal & interest: $42,981
Property taxes: $6,131
HOA: $0
Home insurance: enter below

Down payment (20%)$1,700,000Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 7:00 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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