July 24, 2023 | Read Time: 6 minutes
Peninsula Sarasota has generated national buzz for its unique design in one of the country’s most sought-after destinations. The luxurious condominium comprised of just 22 residences spans across two boutique designed buildings. Since the community’s groundbreaking on May 26th, demand has continued to rise, with over 60% of the residences already under contract.
In Sarasota’s dynamic real estate market where many preconstruction condominiums have been announced, Peninsula Sarasota is among the first to begin construction, an important milestone for homebuyer’s anxious to enjoy a Sarasota address. An efficient building design by Sarasota’s own Hoyt Architects coupled with Gilbane Building Company’s highly refined construction practices create confidence in the delivery timeline.
Georgia Salaverri and Steven Windsor of the Coldwell Banker realty team are the exclusive sales representatives for Peninsula Sarasota and recognize the significance of the construction start. “We have received renewed interest from buyers who had previously looked at the project and decided to wait to make any decisions,” shared Salaverri. “Now that we have broken ground, they can see our timeline aligning with their own. So many of our buyers are just anxious to start living the Downtown Sarasota lifestyle, and they don’t want to wait any longer.”
As Sarasota continues to evolve into a world-class destination, renowned architects and developers have introduced a new era of residential living within the city. As the demand for Sarasota living continues to soar, the timing delays faced by neighboring condominiums have resulted in a limited supply of new inventory. Therefore, the bustling construction site at Peninsula Sarasota has ignited a wave of excitement and anticipation in the region. Guided by the esteemed Gilbane Building Company, prospective homebuyers eagerly envision the promising future that awaits them as they witness the building taking shape.
“The rising demand for luxury living in Sarasota, coupled with the rapid construction progress, has created a winning combination for Peninsula Sarasota,” shared Windsor. “As people drive or stroll around the cul-de-sac neighborhood, they see the cement trucks and construction workers coming and going from the site. This visual representation of progress has a profound impact on helping people make decisions.”
One of the key aspects that make Peninsula Sarasota highly appealing to homebuyers is its shorter construction timeline. Unlike many of the towering new high-rise buildings with 20-plus floors that could take up to three years to complete, Peninsula Sarasota stands out with its sleek design comprising just nine stories. This streamlined structure translates into a significantly reduced construction window, promising that residents will be able to move in sooner than later. The prospect of experiencing their new home in a comparatively shorter timeframe adds to the allure for potential buyers.
“Being a smaller building, our timeline is shorter than a large complex,” shared Salaverri. “The builder has given us an 18-month timeline from groundbreaking to completion that is very realistic.”
Peninsula Sarasota redefines the concept of a private lifestyle, offering future residents an intentionally intimate community adorned with modern design touches that reflect their personal style. Setting itself apart from other condominium options, the residential offerings at Peninsula Sarasota boast the distinction of having only one or two residences per floor, ensuring privacy and a sense of individuality. The thoughtfully crafted floorplans include spacious 3-bedroom and 3-bedroom-plus-den layouts spanning from 2,400 to over 3,000 sq. ft. Inside, floor-to-ceiling windows and expansive corner residences provide an awe-inspiring panorama of Marina Jack, Sarasota Bay, and the vast expanse of the Gulf of Mexico. Every room exudes a sense of elegance and sophistication, with the incorporation of the latest design features that elevate the space and pay homage to the picturesque waterfront views. State-of-the-art finishes and appliances, along with smart home technology and glass-railed terraces, complete the offering, allowing residents to fully immerse themselves in the beauty and innovation of their own private sanctuary.
“Privacy is the biggest benefit our residents will have,” shared Windsor. “In the A building, full-floor residences offer space similar to a single-family home. Life at Peninsula Sarasota will offer convenience to the vibrant Downtown Sarasota lifestyle, while still providing a private and intimate retreat. The residences will be spacious and comfortable, with services tailored to residents’ needs.”
With extensive expertise in both construction and delivering high-quality products for homebuyers, Sam Gault, the president of Gault Family Companies, serves as the esteemed developer for Peninsula Sarasota. Boasting a legacy spanning six generations, Gault Family Companies possesses an impressive 160-year history in the development industry. Headquartered in Westport, Connecticut, the company has established itself as a reputable name in real estate development and management, with a diverse and thriving property portfolio. Among their notable projects is The Mill Westport, a remarkable transformation of a historic candle-wick mill into a residential complex situated in the heart of Westport. This recent venture exemplifies Gault’s commitment to preserving heritage while creating modern living spaces.
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.
Located on Golden Gate Point, Peninsula Sarasota 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 $3.7 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.