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Rendering of great room for Peninsula Sarasota condominium

See Why 2024 Will be the Year Peninsula Sarasota Residents Never Forget

January 4, 2024 | Read Time: 6 minutes

While Sarasota’s real estate landscape is buzzing with new condominiums, several new options are facing setbacks in the permitting process. Amid this landscape, Peninsula Sarasota on Golden Gate Point stands as a beacon of unwavering progress. Since its groundbreaking in May 2023, this Sarasota condominium has surged forward, assuring future residents of its delivery schedule. Spearheaded by Silverline Construction, led by President and Chief Estimator Fred Basli, Peninsula Sarasota has made remarkable strides, poised to deliver residences by the end of 2024.

Developer Sam Gault, president of Gault Family Companies, has been pleased with the community’s progress so far. “Our construction progress and overall design have made us very well-received in the Sarasota market,” shared Gault. “Buyers have shared with me how excited they are to be a part of an intimate residential community designed to meet their needs and lifestyles. From our resort-style pool to the state-of-the-art fitness center and club room with private wine storage, every aspect of life was taken into consideration to create homes our owners will be proud of.”

Sam Gault, developer of Peninsula Sarasota Condominium

Sarasota Condominium Delivered by Late 2024

Peninsula Sarasota’s two mid-rise buildings offer just one or two residences per floor, ensuring an intimate and exclusive ownership experience. Rising only nine stories high, the construction at the Golden Gate Point site has been swift and efficient thus far. Vertical construction has already reached the seventh level, with the anticipation that the buildings will be topped off by winter 2024. Once the vertical construction is completed, the team will focus on crafting the abundant amenities and interior spaces residents eagerly anticipate. At this point, homeowners will work with Chelsea Dunbar of Blu Interiors to select the features and finishes that complement each owner’s specific lifestyle wishes.

Throughout this journey, Basli and the construction team has maintained open communication with residents. “I want owners to know we’re accessible,” shared Basli. “If they want to discuss their unit personally, they can call me. This is a residential building, so I aim to establish a personal connection with the residents. Also, once insurance requirements say it’s alright for me to bring people on tours with hard hats, they’ll be able to come to see the site.”

Sarasota condominium construction progress

Interest Surges as Construction Gains Momentum

It’s not just the building that’s on the rise, however. Homeowners are experiencing a renewed sense of excitement for this Sarasota condominium, and the demand for its residences has surged as well. Out of the community’s 22 residences, only five still remain available. Prospective buyers are seeing their dream home become a reality, and can now visualize the stunning views of Sarasota Bay, Marina Jack, and the Ringling Bridge. The remaining floorplans offer 3-bedroom or 3-bedroom plus den layouts ranging from 2,400 to over 5,500 square feet. Featuring spa-inspired color palettes and luxurious finishes, these open-concept layouts provide a serene ambiance. Each residence boasts the coveted corner position, with expansive wraparound terraces and floor-to-ceiling windows configured to maximize Sarasota’s stunning views.

Peninsula Sarasota condominium Owners Suite

As the exclusive sales representatives for Peninsula Sarasota, Georgia Salaverri and Steven Windsor of the Coldwell Banker realty team have seen demand soar for the condominiums. “The rising demand for luxury living in Sarasota, coupled with the rapid construction progress, has created a winning combination for Peninsula Sarasota,” shared Steven Windsor. “As people drive or stroll along the cul-de-sac neighborhood, they see the trucks and construction workers coming and going from the site. This visual representation of progress has a profound impact on helping people make decisions.”

Captivating Two-Story Penthouse Still Available

Among the five remaining floorplans is what has become the community’s crown jewel – a two-story, 5,300-square-foot penthouse. Aptly named the “Grand Penthouse”, this three-bedroom, four-bathroom, plus den residence has been designed to the highest standards of quality craftsmanship, with the latest technologies creating a life of pampered luxury. The highlight of the Grand Penthouse is the outdoor gathering areas, including a 1,200-square-foot rooftop deck and three glass-railed terraces spanning 630 total square feet on the main floor. Residents will be able to gather with friends for a cocktail party and admire the westerly views of the sun setting over Sarasota Bay. Or enjoy easterly views of boats parading across the glistening waterfront into Marina Jack as the city skyline twinkles in the night sky.

“In a city filled with large condominiums that can be overwhelming in size and scope, Peninsula Sarasota stands apart with its boutique design,” said Georgia Salaverri of Coldwell Banker Realty, one of the condominium’s exclusive sales representatives. “The sales success we have experienced at Peninsula Sarasota is a testament to the community’s intimate layout, combining the desire for the vibrancy of the Sarasota lifestyle with the opportunity to come home to their own private garden-like oasis.”

Pool rendering for Peninsula Sarasota condominium

A Garden-Like Sanctuary Near Downtown Sarasota

Just an elevator ride away, numerous amenity spaces were designed to feature every aspect of relaxed and tranquil living. A resort-style swimming pool and sun deck are perfect for daytime leisure, while the Rooftop Residents’ Lounge welcomes evening gatherings of friends and neighbors. For residents focused on health and wellness, a state-of-the-art Fitness Center features the latest high-tech cardio and strength equipment. Spacious common areas, a wine storage room, and amenity spaces have been designed by the renowned Karen Asprea Studio of New York to create a natural, spa-like sanctuary.

Peninsula Sarasota’s location on Golden Gate Point provides a private retreat wrapped in everything residents love about Sarasota. Intimate by design, this 22-acre peninsula jutting into Sarasota Bay is a serene garden-like sanctuary with brick paver streets, rows of palm trees, and friendly neighbors. Just a short stroll away, Sarasota is home to numerous arts and culture exhibitions, including museums, galleries, concert halls, and theaters. Waterfront adventures also abound, with the nearby Hart’s Landing and Marina Jack for boat charters, fishing, kayaking, and paddle boarding throughout Sarasota Bay. Beach lovers cherish Lido Key, world-renowned for its powder-soft white sand. Foodies and fashionistas alike spend the day at St. Armands Circle, filled with boutique shops and five-star dining venues.

Priced from $3.75 million, Peninsula Sarasota is experiencing high demand for its centrally located yet secluded lifestyle. For more information and to preview floorplans, Peninsula Sarasota’s Sales Gallery is now open daily at 1300 Main Street. Visit PeninsulaSarasota.com or call 941-655-9669 to schedule your Virtual Experience tour today.