$9,999,000
621 Golden Gate Point
Sarasota, FL 34236
Listing updated: May 29, 2026 at 12:46 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
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.
Local Insight
At nearly $10 million for a half-acre vacant lot in an AE flood zone, you're paying almost exclusively for the Sarasota waterfront location and whatever development potential exists—but that flood designation will significantly impact building costs, insurance, and financing, so you need a thorough environmental and engineering review before committing. The $463 per square foot price is steep even by Sarasota waterfront standards, so make sure the lot's zoning and build-ability justify the premium, especially given that flood mitigation requirements will eat into your actual usable buildable area and budget.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: ActiveMay 28, 2026
- Listed$9,999,000May 28, 2026
- Price increased$9,999,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 1
- Subdivision
- Golden Gate Point
- County
- Sarasota
- Price/sq ft
- $463
- Lot size
- 21,600 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- AE (12115C0133G)
- Annual taxes
- $73,571 (2025)
- Parcel #
- 2010080023
- Zoning
- RMF5
- MLS #
- A4694968
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- HOA name
- Golden gate asosiation
- Listing terms
- Cash, Conventional, Owner Financing, Private Financing Available, Special Funding
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electrical Nearby, Electricity Available, Fiber Optics, Other
Community
- Pets allowed
- Yes
Listing Details
- Listing date
- 2026-05-27
- On market date
- 2026-05-28
- Original list price
- $9,999,000
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-05-28
- Tax legal description
- LOTS 3, 4 & 5 BLK B GOLDEN GATE POINT, BEING SAME LANDS AS DESC IN ORI 2022076538 & 2022189280
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 29, 2026 at 12:46 PM ET. 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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