161 GOLDEN GATE POINT

SARASOTA, FL 34236

Listing courtesy of AMY ROBINSON REAL ESTATE LLC · MLS# A4696009

$2,995,000

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Property Details

Units

Square feet

2,752

Net income / yr

MLS#

A4696009

Listed

June 11, 2026

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), separate 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.

Facts & Costs

Property type: Quadruplex
Units: 4
Net income: $1 / year
Zoning: RMF5
Year built: 1949
Lot size: 7,200 sq ft
Garage: 1 spaces
Price per sq ft: $1,088
Days on market: 112
Private pool: No
Waterfront: No
Community: Golden Gate Point
Subdivision: GOLDEN GATE POINT
County: Sarasota
Flood zone: AE

Monthly & yearly costs

HOA fee: $20 / annually
Property taxes: $21,915 / year (2025)

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

Construction & systems

Heating: Central
Cooling: Central Air
Flooring: Bamboo, Ceramic Tile, Marble, Tile
Roof: Shingle
Construction: Block
Parking: Assigned, Circular Driveway, Covered, Driveway
View: City, Water

Payment Estimate

$16,972 / month

Principal & interest: $15,144
Property taxes: $1,826
HOA: $2
Home insurance: enter below

Down payment (20%)$599,000Interest rate (%)Loan termHome insurance ($/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

Features & Amenities

Dishwasher
Disposal
Dryer
Electric Water Heater
Ice Maker
Microwave
Range
Refrigerator
Washer
Ceiling Fans(s)
Kitchen/Family Room Combo
Open Floorplan
Stone Counters
Thermostat
Window Treatments
Courtyard
Fence
Fire Pit
Lighting
Private Mailbox
Private Yard
Rain Gutters
Shade Shutter(s)
Sidewalk

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 Oct 1, 2026, 7:45 AM 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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