1500 State Street Residences: A Private Suite in Sarasota’s Epicurean District

What are the State Street Residences?

State Street Residences” typically refers to the luxury boutique condominium located at 1500 State Street in downtown Sarasota. Because of its prominent location on the street, many locals and real estate guides use the term interchangeably with the building’s address.

1500 State Street: Building Specifications

Located at the intersection of State Street and Lemon Avenue, this boutique development offers an intimate alternative to Sarasota’s massive high-rises.

Quick Facts

• Year Built: 2017
• Total Residences: 20 Exclusive Units
• Stories: 6 (Mixed-use: Retail/Office on levels 1–2, Residences on 3–6)
• Architect: Hoyt Architects
• HOA Fees: Approx. $715 – $720/month (Varies by unit size)

Residence Configurations

The building features five residences per floor, primarily offering 1-bedroom and 2-bedroom layouts characterized by industrial-chic aesthetics and floor-to-ceiling glass.

Note: Price per square foot typically ranges from $750 to $850, depending on floor height, view, and interior upgrades.

Technical Features & Amenities

Drive-to-Your-Floor Parking: A hallmark feature where residents park in the adjacent garage on the same level as their front door.

Ceiling Heights: Standard units feature 10-foot ceilings, while Penthouse level units (6th Floor) boast soaring 11-foot ceilings.

Private Terraces: Every unit includes an expansive private balcony (roughly 5′ x 32′ for corner units) overlooking the Epicurean District.

Security: Secured lobby with key-fob access, private elevator entry, and closed-circuit camera monitoring.

Finishes: Gourmet kitchens with granite or quartz countertops, high-end stainless steel appliances, and stackable in-unit laundry.

HOA Fees (2026 Update): Currently averaging $717 to $720 per month.

Rental Market Strength: For investors, 1-bedroom units at 1500 State are currently commanding $3,900 to $4,500/month in the 2026 market, reflecting the high demand for the “Epicurean District” lifestyle.
Pet Policy: Remains one of the more “large-dog friendly” boutique buildings in downtown, allowing up to 2 pets with a generous weight limit (often cited up to 100 lbs), which is a major selling point.
Walk Score: Boasts a nearly perfect Walk Score of 98/100, reinforcing its status as a “park-once” residence.
Developer & Design Details
Architect: Hoyt Architects (known for modern, urban Sarasota designs).
Construction: Modern concrete and glass, completed in 2017.
Parking: 1 deeded space per unit in the attached State Street garage with unique same-floor access.

In the world of luxury real estate, “location” is often measured in miles or blocks. At 1500 State Street, it is measured in footsteps. This boutique condominium serves as a sophisticated residential anchor for the most vibrant culinary corridor in downtown Sarasota, offering a “park-once” lifestyle where your favorite dinner tables are essentially an extension of your own living room.

The Flavor of the Neighborhood

Living here means having a world-class “pantry” at your disposal. Within a single city block, you can traverse the globe through the doors of Sarasota’s most celebrated restaurants:

• BESO: The newest jewel on the block, located directly next door in The Mark. BESO brings an authentic Spanish “tapas culture” to life, specializing in shareable plates and a sophisticated Amaro-based cocktail program.
• State Street Eating House + Cocktails: A local legend just steps away, this spot defines “industrial-chic” with its award-winning mixology and soulful, modern American fare.
• Hyde Park Prime Steakhouse: Directly across the Lemon Avenue promenade, this is your destination for high-end dry-aged steaks and a refined terrace fireplace for cool Florida evenings.
• Toastique: Your wellness hub located just seconds from your lobby. Perfect for a morning artisanal toast, a cold-pressed juice, or a post-yoga acai bowl.
• Boca: A pioneer of the local farm-to-table movement, Boca’s rustic atmosphere and seasonal menu provide a fresh, garden-inspired retreat in the heart of the city.
• Brick’s Smoked Meats: For casual weekends, Brick’s offers 18-hour Texas-style brisket and live music, adding a high-energy, soulful vibe to the neighborhood.

Boutique Luxury: The Residences

While the surrounding energy is electric, 1500 State Street is designed to be a quiet, exclusive sanctuary. Completed in 2017, this six-story mid-rise eschews the scale of massive towers in favor of an intimate, boutique experience.

Key Residence Highlights:

• Integral Same-Floor Parking: In a brilliant feat of urban design, residents drive to their assigned spot on the same level as their unit. You can walk from your car directly to your front door—a game-changer when coming home with wine or takeout.
• Modern Aesthetics: The 20 residences feature 10-foot ceilings (11 feet in penthouses), floor-to-ceiling glass, and gourmet kitchens with stone countertops and high-end stainless appliances.
• Private Terraces: Each unit includes an expansive balcony overlooking the bustling street life and the Saturday Farmers Market, offering the perfect perch for people-watching.
• Pet-Friendly Living: The building welcomes four-legged residents, who will enjoy the immediate proximity to the dog-friendly Lemon Avenue promenade.

Experience the State Street Lifestyle

1500 State Street isn’t just an address; it’s an invitation to live at the intersection of luxury and flavor. Whether you’re grabbing a juice at Toastique or ending your night with tapas at BESO, your home is the heart of it all.

Are you ready to claim your place in Sarasota’s culinary crown?

Contact Sarasota Perry to schedule a private tour of 1500 State Street today.

Sarasota Perry

Founding Agent at Compass. Specializing in the curation and sale of Sarasota’s most prestigious branded residences, including The Ritz-Carlton, Waldorf Astoria, and St. Regis. With a deep commitment to white-glove service and market intelligence, I help discerning clients secure their piece of the Florida Gulf Coast’s most exclusive addresses.

Email: perry.corneau@compass.com

Website: http://www.sarasotaperry.com