The Neighborhood Report – Golden Gate Point

Enjoy waterfront living just moments from the excitement of downtown Sarasota.

Just minutes from downtown Sarasota, Golden Gate Point is a 22-acre peninsula with envious water views and some of the most luxurious condominiums in Sarasota. Originally owned by circus magnate John Ringling, the property—known then as Cedar Point—has gone through several evolutions to reach its current state as a luxury residential community.

Market Activity – Golden Gate Point

To date, there are 23 active listings. These range from interior units beginning at $139K to a lavish, 6,000-square-foot bayfront front home with unprecedented views of the Marina Jack harbor and downtown available for $6 million. In between are two- and three-bedroom units with great views of Ringling Bridge starting at $500K.

Pending sales on Golden Gate Point are up, with two in last seven days. The last 12 months posted 15 closings ranging from $139K – $2.5 million. Of the 23 active listings, only one is a short sale: an interior two-bedroom condominium priced at $139K. The season looks promising, as the inventory is almost balanced and prices are still very good.

Donald Geikie and Dana Westmark of Michael Saunders & Company’s Main Street office have concluded a number of sales on Golden Gate Point, and have a list of satisfied sellers and content buyers that provide them with referral business. If you are interested in buying or selling a property on Golden Gate Point, they welcome the opportunity to assist you.

Why Choose Golden Gate Point?

In between the beach and downtown, Golden Gate Point offers the best of everything Sarasota has to offer. A relaxed lifestyle; an easy walk to theatres, great restaurants and fabulous entertainment choices; and lushly landscaped with a paver brick road and wide sidewalks with benches and streetlights, Golden Gate Point is truly a paradise found.

Share your thoughts, leave a comment!

Google Profile