Saravela 430 N. Tamiami Trail

Saravela is a groundbreaking luxury condominium development redefining urban living in downtown Sarasota, Florida, with its innovative blend of high-end ownership and flexible short-term rental options. Located between Fourth and Fifth Streets, this mixed-use project features two contemporary towers—one rising to 18 stories and the other to 12 stories—offering 282 condominiums and 11 two-story townhomes, alongside 40 attainable rental units to promote housing diversity. Units boast modern coastal designs with high 12-foot ceilings, floor-to-ceiling windows, glass-lined terraces, Italian cabinetry, integrated smart home technology, and premium appliances, though specific square footage ranges are not publicly detailed; prospective prices start under $1 million for entry-level residences and extend to over $3 million for penthouses. Developed by Chicago-based GSP Development, with architecture by Kimmich Smith and interiors by ID & Design International, the project is expected to be completed in 2027 following a 24-month build-out 2026. Spanning 47,000 square feet across six indoor and outdoor levels, amenities elevate resort-style living with two rooftop pools, spas, fitness centers, clubrooms, co-working spaces, a kids' club with duckpin bowling and splash pad, golf simulator, putting green, bocce ball court, pet amenities, concierge services, valet parking, private shuttle to St. Armands Circle and Lido Beach, weekly car services, wine vaults, and lush green spaces including a 3,000-square-foot public park and fifth-floor deck with garden nooks. Positioned at the gateway to downtown's vibrant arts district and bayfront, Saravela offers panoramic city and Sarasota Bay views, walkable access to shops, galleries, dining, cultural venues like the Van Wezel Performing Arts Hall, and nearby beaches, making it ideal for full-time residents, seasonal owners, or investors seeking income through its unique three-day minimum rental program managed on-site. To explore this exciting opportunity with expert guidance, contact Sarasota Perry, a realtor experienced in representing buyers of new construction properties.