According to the July 2018 report published by the Realtor Association of Sarasota and Manatee, the real estate market in Southwest Florida has cooled down a bit with just one exception: the condo market of Sarasota, which has appreciated nearly 20 percent in terms of median price. Sales of luxury condo units are still pretty active in this market, and this explains the high demand for One88 listings.
Located in the exclusive Golden Gate neighborhood of Downtown Sarasota, One88 is a low-rise condo tower that was honored with the Best Building award by SRQ magazine in 2017. One88 is a boutique condominium similar to the kind usually found in Dallas, Manhattan and Miami Beach; with only eight units in this five-story, each homeowner is guaranteed a penthouse.
Every detail of One88 has been built to impress. The dramatic entrance showcases a fountain with integrated LED lighting, and the common areas are decorated with engineered wood that resembles oak paneling. The heated swimming pool is large enough to practice laps, and it overlooks a private marina and the Sarasota Bay. The updated Modernist style of One88 makes it one of the best looking buildings in Southwest Florida.
The units at One88 are actually larger than the average single-family residence in Sarasota. A three-bedroom unit on the third floor, for example, occupies more than 3,000 square feet of interior. The wrap-around balcony alone measures 575 square feet, and it provides sweeping views of the Sarasota Bay as well as the skyline. Private elevator access is complemented with two staircases, and every feature has been carefully selected with luxury in mind. This is a condominium where you will find the finest carpeting, engineered wood, quartz counter tops and panels, glass railings in the balconies, European designer cabinets, high-end appliances, and more.
Pricing at One88 starts around $3 million. Most units sold upon completion of the tower in 2015, and only one unit was listed in September 2018. Ownership at One88 includes a membership at the exclusive Sarasota Yacht Club.
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Downtown Condos for Sale at One88 in Sarasota
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(all data current as of 6/19/2019)
Listing information deemed reliable but not guaranteed. Read full disclaimer.