Saravela, Downtown Sarasota
Downtown Sarasota's first new luxury high-rise with short-term rental freedom. 282 turnkey furnished residences, penthouses and townhomes from the $900s, with 47,000 sq ft of amenities and two rooftop pools.
Downtown Sarasota's first new luxury high-rise with short-term rental freedom. 282 turnkey furnished residences, penthouses and townhomes from the $900s, with 47,000 sq ft of amenities and two rooftop pools.
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Saravela at a glance: Saravela is a 19-story luxury condominium tower under development at 430 N Tamiami Trail in downtown Sarasota, Florida 34236, between the Rosemary Arts District and the Sarasota bayfront. Developed by GSP Development and designed by Kimmich Smith Architecture with interiors by ID & Design International, it will offer 282 turnkey, fully furnished condominium residences, penthouses and townhomes with one to four bedrooms, 667 to 2,086 square feet, priced from the $900s. It is the first new downtown Sarasota high-rise to permit short-term rentals, with an on-site rental program and more than 47,000 square feet of amenities across six levels, including two rooftop pools. Beyond Realty represents buyers at Saravela at no additional cost. Call or text (941) 467-3448 or use the form on this page for floor plans, current pricing and a private presentation.
Most new luxury condominiums in downtown Sarasota restrict rentals to 30 days or longer. Saravela permits short-term rentals with a three-night minimum, managed by an on-site, professionally staffed rental program, so a residence can generate income when the owner is away. Residences are delivered turnkey and fully furnished by designer Steven G., which means a buyer can close, hand the keys to the rental team, and start hosting guests without furnishing or staging a thing. For a limited time the developer is also offering a Preferred Purchaser Program with a two-year leaseback on select residences.
Saravela will include 282 residences on 19 floors: condominium residences, a penthouse collection, and a limited collection of two-story townhomes. Every residence features floor-to-ceiling glass, expansive terraces, open floor plans with soaring ceilings, Italian cabinetry by Arrex Cucine, Sub-Zero refrigeration and double ovens, and VillaControl smart-home technology with keyless entry and app-based thermostats.
Residence Type | Square Feet | Notes |
|---|---|---|
One bedroom | 667 to 856 | Efficient plans that keep entry pricing under $1 million |
Two bedroom | 1,034 to 1,631 | The core of the building, many with bay or city views |
Three bedroom | 1,569 to 2,086 | Includes premier and penthouse-level residences |
Four bedroom | 1,563 to 1,865 | Limited availability |
Townhomes | 1,530 to 1,915 | Two-story residences with private entries |
Pricing: The developer prices residences from the $900s. Residences currently listed in the Sarasota MLS range from about $998,000 for a one bedroom to $3,445,000 for a three-bedroom penthouse-level residence (September 2026). Pricing, availability and incentives change as the building sells, so request the current price list through the form on this page and we will send it the same day.
Services: concierge, complimentary jitney to St. Armands Circle and Lido Beach, optional housekeeping, laundry, dog walking and pet sitting, climate-controlled storage, common-area Wi-Fi, 24/7 security and on-site maintenance.
Saravela's rental program is centralized and run on site. The team handles marketing on the major booking platforms, dynamic pricing, guest screening and communication, keyless check-in through the VillaControl app, luxury housekeeping and linen service between stays, preventative maintenance, and monthly owner statements with tax remittance through an owner portal. Owners set their own calendar and use the residence whenever they like. Minimum stays are three nights. Rental income projections from any source are estimates only, and we will walk you through the assumptions before you rely on them.
Saravela sits on North Tamiami Trail at the north edge of downtown Sarasota, a short walk to The Bay park, the Van Wezel Performing Arts Hall, the Rosemary District's restaurants and galleries, Main Street, Sarasota Opera, the Marina Jack waterfront, and the Sarasota Farmers Market. The complimentary jitney connects residents to St. Armands Circle and Lido Key beaches across the Ringling Bridge. Sarasota Bradenton International Airport is about 15 minutes away and Siesta Key beach is about 20 minutes.
The developer's sales gallery represents the developer. Beyond Realty represents you. Developers welcome broker participation at Saravela, but you must be registered by your agent before or at your first contact with the sales gallery for that agent to represent you, so contact us first. Our representation costs you nothing. We review the floor plans and stack against view lines and sun exposure, compare Saravela with the other new downtown towers we track, negotiate on price, upgrades and closing incentives, review the condominium documents and rental program agreement with you, and manage the process end to end for out-of-state buyers, including video presentations and remote closing. Broker-owner Darren Dowling has represented buyers in Sarasota luxury and new construction since 2015 and Beyond Realty ranks in the top 1.5% of brokerages nationwide.
New to buying pre-construction in Florida? Read our guide to buying a new construction condo in downtown Sarasota, which covers deposits, the 15-day cancellation right, HOA fees and rental rules. For a deeper look at who Saravela suits and how the rental program works for owners, read Saravela Sarasota: Inside Downtown's First Luxury Tower With Short-Term Rental Freedom.
Saravela is at 430 N Tamiami Trail, Sarasota, FL 34236, on the northern edge of downtown Sarasota between the Rosemary Arts District and the bayfront, a few blocks from The Bay park and the Van Wezel Performing Arts Hall. The sales gallery is at the same address.
Saravela is developed by GSP Development (GSP Sarasota LLC), a Chicago-based real estate firm with a portfolio of luxury multifamily, office, medical office and retail properties. The architect is Kimmich Smith Architecture, interiors are by ID & Design International (IDDI), and residences are furnished by Steven G.
Saravela is a 19-story tower with 282 turnkey residences: condominium residences, penthouses and a limited collection of townhomes, plus ground-floor retail space.
The developer prices residences from the $900s. Residences currently listed in the Sarasota MLS range from about $998,000 for a one bedroom to $3,445,000 for a three-bedroom penthouse-level residence as of September 2026. Contact Beyond Realty for the current price list and available inventory by floor.
Yes. Saravela permits short-term rentals with a three-night minimum, subject to condominium association rules and City of Sarasota regulations, and operates an on-site, professionally managed rental program that handles bookings, guest services, housekeeping and owner reporting. This is rare for a new downtown Sarasota condominium, where most buildings require 30-day or longer minimums.
For a limited time the developer is offering a Preferred Purchaser Program with a two-year leaseback on select residences. Leaseback payments are governed by a separate agreement, and after the two-year term the owner is responsible for HOA fees and property taxes. Ask us for the current program terms and which residences qualify.
Yes. Residences are delivered turnkey and fully furnished by interior designer Steven G., with Italian cabinetry by Arrex Cucine, Sub-Zero refrigeration, floor-to-ceiling windows and smart-home technology, so they are ready for owner use or the rental program at closing.
More than 47,000 square feet across six levels: two rooftop resort-style pools and hot tubs, two spas with saunas and cold plunges, two fitness centers and yoga rooms, a golf simulator, duckpin bowling and arcade, attended Kids' Club and splash pad, co-working space with private offices, club rooms, a private dining room with wine vault, bocce, putting green, outdoor movie lawn, dog run and dog wash, gourmet market and coffee bar, valet, concierge and a complimentary jitney to St. Armands Circle and Lido Beach.
The developer publishes association fee estimates by residence in the condominium documents, and they vary by residence size. We provide the current fee schedule, the rental program fee structure and an ownership cost analysis for any specific residence before you sign a contract.
Saravela is in pre-construction sales with a sales gallery open at 430 N Tamiami Trail. The developer updates the construction schedule as the project advances; we share the current timeline and deposit schedule with every buyer we represent.
You are not required to use one, but the sales gallery staff represents the developer. Broker participation is welcomed, and your agent must register you before or at your first contact with the sales gallery to represent you. Beyond Realty's representation is free to the buyer and adds independent advice on pricing, floor plan selection, contract terms and the rental program.
Call or text Beyond Realty at (941) 467-3448, email [email protected], or complete the form on this page. We arrange private sales gallery presentations, floor plan reviews and video presentations for buyers outside Florida.
Beyond Realty (The Dowling Group)
2170 Main Street, Suite 103
Sarasota, FL 34237
Phone: (941) 467-3448
Email: [email protected]
Broker-Owner: Darren Dowling
Serving downtown Sarasota, Lakewood Ranch, Siesta Key, Longboat Key, Lido Key and the Gulf Coast.
Beyond Realty LLC is an independent brokerage and is not the developer or the developer's listing agent for Saravela. Information is from the developer's published broker materials and public listings as of September 16, 2026 and is subject to change. Oral representations cannot be relied upon as correctly stating representations of the developer; refer to the documents required by Section 718.503, Florida Statutes. Renderings are artist's concepts courtesy of GSP Development. Rental income figures are estimates only. Page last updated September 16, 2026.
The builder's sales team works for the builder. We work for you. Most builders require your agent to register you on or before your first visit, so reach out before you stop by the sales center. Our representation costs you nothing extra, and we negotiate incentives, lot premiums and design credits on your behalf.