What is the average condo price in Downtown Sarasota?

The median condo price in Downtown Sarasota is approximately $1,010,000 in 2026. Luxury high-rises like Ritz-Carlton Residences, One88, Epoch, and Vue Sarasota Bay reach $2M–$5M+.

Is Rosemary District Sarasota a good investment?

Yes. The Rosemary District has posted a +4% year-over-year median price increase to ~$646K, driven by new construction, walkability, and Sarasota's arts-and-dining scene.

What are property taxes like in Downtown Sarasota?

The combined millage rate is approximately 11.47 mills. For a $1M home with homestead exemption, expect roughly $9,000–$11,000 per year. Florida has no state income tax.

How far is Downtown Sarasota from the beach?

Lido Key is roughly 10 minutes via the John Ringling Causeway. Siesta Key is about 15 minutes, and Longboat Key is 15–20 minutes north.

Sarasota County, FL

Downtown Sarasota & Rosemary District

Complete Real Estate & Neighborhood Guide — walkable urban living, world-class culture, and Gulf Coast waterfront, with Dave Giampietri Group.

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Florida's Gulf Coast Cultural Capital

Downtown Sarasota is walkable urban living, world-class culture, and waterfront beauty — all in one ZIP code.

The heart of downtown centers on Main Street and Palm Avenue. Bayfront Park anchors the eastern edge with sweeping bay views. The Rosemary District is Sarasota's arts and creative neighborhood, with craft breweries, galleries, and chef-driven restaurants. Lido, Siesta and Longboat Key beaches are 10–15 minutes away.

Why Downtown Sarasota

An Urban Lifestyle Most Cities Promise — Sarasota Actually Delivers

Walkable Urban Core

Main Street and Palm Avenue form the most walkable mixed-use corridor on Florida's Gulf Coast — galleries, chef-driven restaurants, boutiques, and bayfront parks all within a few blocks.

World-Class Arts & Culture

Ringling Museum, Van Wezel Performing Arts Hall, Sarasota Opera, Asolo Repertory Theatre, Florida Studio Theatre, and Sarasota Art Museum anchor a cultural scene unmatched in any city this size.

Bayfront + Gulf Beaches in Minutes

Bayfront Park and the new Quay Sarasota shape the downtown waterfront. Lido Key, Siesta Key, and Longboat Key — three of America's top-ranked beaches — are 10–15 minutes from your front door.

Downtown Sarasota Market Snapshot

By the Numbers

$1.05MDowntown Median PriceFeb 2026

$646KRosemary District Median+4% YoY

$1.01MDowntown Condo Median

Single-family median ~$1,022,500. Data via Sarasota MLS and Realtor Association of Sarasota & Manatee. Dave Giampietri Group.

Home Valuation

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Neighborhoods

Explore Downtown Sarasota Neighborhoods

Rosemary District

Sarasota's arts and creative district, the highest concentration of new mixed-use construction downtown

$500,000 – $1,500,000

Burns Court / Laurel Park

Historic bungalows on the National Register of Historic Places, walking distance to Main Street

$500,000 – $1,200,000

Bayfront / Marina District

Luxury high-rises including Ritz-Carlton Residences, One88, Epoch, and Vue Sarasota Bay

$800,000 – $5,000,000+

Palm Avenue / Main Street Corridor

Sarasota's most walkable corridor — galleries, boutiques, theaters, and chef-driven dining at street level

$600,000 – $3,000,000+

Golden Gate Point

Waterfront peninsula at the foot of the John Ringling Causeway with townhomes and intimate-scale condos

$600,000 – $2,000,000+

Gillespie Park

Most affordable entry point to downtown Sarasota, anchored by the 10-acre Gillespie Park

$400,000 – $800,000

The Quay Sarasota

$1B+ bayfront mixed-use development with luxury condos, hotel, retail, and waterfront promenade

$1,000,000 – $5,000,000+

Payne Park Area

Family-friendly downtown-adjacent area with a 39-acre park, skate park, tennis center, and playgrounds

$450,000 – $1,000,000

Schools

Education in Downtown Sarasota

Public

Alta Vista Elementary
Booker Middle School
Riverview High School

Private

Out-of-Door Academy
Cardinal Mooney Catholic High School
Sarasota Military Academy

Dining

Downtown Sarasota Dining Highlights

Fine Dining

Owen's Fish Camp
Indigenous
Selva Grill
Lila
Jack Dusty
Cafe L'Europe

Casual

State Street Eating House
Boca
Made
Baker & Wife
Mattison's City Grille
Marina Jack

Breweries

Calusa Brewing
Big Top Brewing

Culture

World-Class Cultural Institutions

Ringling Museum of Art

Van Wezel Performing Arts Hall

Sarasota Opera

Asolo Repertory Theatre

Florida Studio Theatre

Sarasota Art Museum

Towles Court Artist Colony

Marie Selby Botanical Gardens

Comparisons

Downtown Sarasota vs Other Florida Markets

Downtown Sarasota vs St. Armands

St. Armands offers Circle shopping and proximity to Lido Beach but lacks downtown's depth of dining, culture, and walkable density.

Downtown Sarasota vs Lakewood Ranch

Lakewood Ranch is master-planned suburban with newer construction. Downtown Sarasota trades yard space for true urban walkability and waterfront.

Downtown Sarasota vs St. Petersburg Downtown

St. Pete is larger and more eclectic. Downtown Sarasota is smaller, more polished, and arguably the stronger arts-and-culture market per capita.

Downtown Sarasota vs Naples Downtown

Naples is more exclusive and 25–40% more expensive. Downtown Sarasota delivers comparable lifestyle at meaningfully better value.

At a Glance

Downtown Sarasota by the Numbers

Area TypeUrban Core / Walkable Downtown

CountySarasota County

Tax Rate~11.47 mills

Nearest BeachesLido, Siesta, Longboat (10–15 min)

AirportSarasota-Bradenton Int'l (SRQ) ~15 min

Coordinates27.3364, -82.5307

Testimonials

What Sarasota Buyers and Sellers Say

"Dave knew every building on Palm Avenue — HOA quirks, hurricane history, which floors held value. We landed a bayfront condo at a price our out-of-town agent said was impossible."

Bayfront Buyer

Downtown Sarasota, FL

Your Downtown Sarasota Specialist

Dave Giampietri

Downtown Sarasota is the market I live and work in every day. From Ritz-Carlton Residences to Rosemary District new construction, from Burns Court bungalows to Golden Gate Point waterfront — I know the buildings, the HOA structures, the building-by-building resale story, and the developers behind The Quay.

I'm easy to work with, I tell the truth on value and condition, and I move fast when the right opportunity appears. Whether you are buying a downtown condo, relocating to Sarasota, or selling a Laurel Park home, let's talk.

(941) 313-7022 · DaveGHomes@gmail.com · Dave Giampietri Group

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Dave Giampietri, Downtown Sarasota Realtor

FAQ

Downtown Sarasota Real Estate, Frequently Asked Questions

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Dave Giampietri · DaveGHomes@gmail.com · (941) 313-7022