161 Golden Gate Point, Sarasota, FL 34236
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
161 Golden Gate Point,Sarasota, FL 34236
$3,995,000
- 4 Beds
- - Baths
- 2,752 sq. ft.
- Multi-family
- Active
Listed by: amy robinson
Office: amy robinson real estate llc.
MLS#:A4696009
Source:MFRMLS
Price summary
- Price:$3,995,000
- Price per sq. ft.:$1,248.44
- Monthly HOA dues:$1.67
About this home
One of the Last Remaining Legacy Properties on Golden Gate Point | Rare Trophy Ownership, Redevelopment & Strategic Hold Opportunity
A truly rare offering in one of Sarasota’s most exclusive and rapidly evolving luxury enclaves. With no true single-family homes currently remaining on Golden Gate Point and only a small handful of original legacy properties left, 161 Golden Gate Point represents one of the final opportunities to control a meaningful piece of “old Golden Gate” before the peninsula is fully transformed.
Positioned in the heart of downtown Sarasota, across from the Ritz-Carlton and adjacent to Marina Jack, the property currently consists of a fully updated Four-unit building featuring newer central A/Cs, five-piece stainless kitchens, quartz countertops, new roof (2025), separate electrical meters, gated courtyards, hot tub, and gazebo — offering immediate usability and meaningful interim income while future plans are explored.
Located within the City of Sarasota weekly vacation rental zone, this creates a rare opportunity not commonly found in downtown Sarasota — operate the property similarly to a boutique hotel.
For the visionary buyer, this may represent a once-in-a-generation opportunity to create what could become Golden Gate Point’s only true single-family estate — a one-of-one trophy residence in the heart of downtown Sarasota.
The property also presents compelling redevelopment potential. Golden Gate Point benefits from alternative development standards intended to support a more urban, pedestrian-friendly environment, including reduced setbacks, increased building coverage allowances, and flexible dimensional standards — enhancing redevelopment possibilities in this highly sought-after peninsula location. Similar RMF-5 sites on Golden Gate Point have supported boutique luxury residential concepts, while the adjacent rear assemblage totaling approximately 21,600 SF is also available, creating a rare opportunity for a larger strategic assemblage in one of Sarasota’s most supply-constrained luxury micro-markets.
161 also represents a compelling long-term hold opportunity. As Golden Gate Point continues its luxury transformation — and remaining legacy properties disappear — the opportunity to control irreplaceable downtown Sarasota land becomes increasingly rare.
Just moments to Marina Jack, downtown Sarasota dining, St. Armands Circle, Lido Beach, and Sarasota’s transformative bayfront destination, The Bay.
Whether envisioned as:
• Rare short-term rental building where you control the entire property
• One of Golden Gate Point’s final legacy holdings
• A future one-of-one single-family estate
• A boutique luxury redevelopment site
• A strategic assemblage opportunity
• A family office or long-term scarcity hold
• Or a rare downtown Sarasota land play with meaningful interim income potential
…opportunities of this nature are becoming increasingly difficult to replicate....
Contact an agent
Home facts
- Year built:1949
- Subdivision & Development:GOLDEN GATE POINT
- Listing ID #:A4696009
- Added:56 day(s) ago
- Updated:August 07, 2026 at 11:53 AM
Rooms and interior
- Bedrooms:4
- Flooring:Bamboo, Ceramic Tile, Marble, Tile
- Kitchen Description:Dishwasher, Disposal, Ice Maker, Kitchen/Family Room Combo, Microwave, Range, Refrigerator, Stone Counters
- Living area:2,752 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1949
- Building area:2,752 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Block
- Exterior Features:Courtyard, Covered Porch/Patio, Fence, Front Porch, Lighting, Patio, Porch, Private Mailbox, Rain Gutters, Shade Shutter(s), Side Porch, Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Schools
- Elementary school:Southside Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,995,000
- Price per sq. ft.:$1,248.44
- Tax amount:$21,915 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Irrigation Equipment, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Laundry Room, Washer
- Amenities:Ceiling Fans(s), Irrigation Equipment, Kitchen/Family Room Combo, Open Floorplan, Stone Counters, Thermostat, Underground Utilities, Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Assigned, Circular Driveway, Covered, Driveway
- Garage:Yes
- Garage spaces:1
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