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430 N Tamiami Trl #417, Sarasota, FL, 34236

1beds
1baths
856sqft
$998,000
$1,166price/sqft
$6,524/moest. monthly cost
$260,960/yrincome needed

About This Home

One or more photo(s) has been virtually staged. Pre-Construction. To be built. Introducing Saravela, a transformative new luxury residential community rising in the heart of downtown Sarasota at 430 N. Tamiami Trail. This striking mixed-use development features 271 luxury condominiums and 11 elegant town homes within an iconic architectural composition, crafted to maximize the Sarasota lifestyle, amenity access and downtown connectivity. Saravela represents a new vision of urban coastal living, strategically between Sarasota’s vibrant arts district and the scenic Bayfront, offering ease of access to world-class dining, boutiques, cultural venues and waterfront recreation. Designed by Kimmich Smith Architecture with interiors by ID & Design International and a comprehensive lifestyle program, Saravela offers more than 47,000 square feet of resort-style amenities spread across six indoor and outdoor levels, including multiple rooftop pools, fitness and wellness studios, spa and yoga rooms, social lounges, golf simulator, game and kids’ club spaces, putting green, outdoor grilling stations, dog run and wash, co-working space and concierge services. A signature feature of Saravela is its owner-flexible rental program, the first of its kind in downtown Sarasota. With a short term rental option and on-site professional rental management, our innovative rental program can help you offset costs and let your residence work for you while you are away. Residences are crafted for modern urban living, offering thoughtfully designed interiors, expansive views and direct access to the best of Sarasota’s lifestyle. Enjoy the Bayfront park, performance venues, upscale restaurants, cafés, galleries and boating, beach, and golf destinations are just minutes away. This two-bedroom, one-bath residence of 856 square feet features 11-foot ceilings, quality finishes including high-end appliances and fixtures, floor-to-ceiling windows and a spacious balcony. For a carefree, turnkey experience, the residence is fully furnished with custom selections by acclaimed Steven G. Interiors. Saravela’s prime downtown address, sophisticated design, unique rental flexibility, and industry leading amenity program position it as a defining residence for owners seeking a full-time lifestyle or seasonal getaway in one of Florida’s dynamic coastal cities.

Getting Around

90
WalkingWalker's Paradise
45
TransitSome Transit
70
BikeVery Bikeable

Schools

7/10
5/10
Booker Middle SchoolGrades 6-82.3 mi
3/10
Booker High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: Pre-Construction
  • New construction: Yes
  • Year built: 2027

Materials

  • Foundation: Block,Raised
  • Roof: Membrane,Other
  • Construction materials: Block,Concrete

Other

  • Builder name: GSP Development

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Tankless Water Heater,Washer
  • Laundry features: Laundry Closet

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • High Ceilings,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Smart Home,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Thermostat
  • Door features: Outdoor Grill,Sliding Doors
  • Window features: Window Treatments,Shutters
  • Flooring: Tile

Great Room

  • Level: First
  • Area: 285
  • Dimensions: 15x19

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Humidity Control

Interior Area

  • Total structure area: 856
  • Total interior livable area: 856 sqft

Kitchen

  • Features: Kitchen Island
  • Level: First
  • Area: 210
  • Dimensions: 15x14

Primary Bathroom

  • Features: Dual Sinks,En Suite Bathroom,Exhaust Fan,Shower No Tub,Water Closet/Priv Toilet
  • Level: First
  • Area: 143
  • Dimensions: 11x13

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 143
  • Dimensions: 11x13

Property

Details

  • Parcel number: SARAVELA417
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: Heated,Other,Salt Water
  • Patio & porch: Patio
  • Exterior features: Balcony,Courtyard,Dog Run,Fire Pit,Lighting,Outdoor Grill,Sauna,Sidewalk
  • Has spa: Yes
  • Spa features: Heated
  • Has view: Yes
  • View description: City,Pool

Lot

  • Features: City Lot,Near Marina,Near Public Transit,Sidewalk

Parking

  • Total spaces: 1
  • Parking features: Guest,Valet
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Inland Flooding
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Sarasota County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,046$60,552
Home Insurance *$683$8,196
Property Taxes $598$7,176
Electricity $197$2,366
Total$6,524$78,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$223,680/yr
40% on housing$195,720/yr
45% on housing$173,973/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,166This listing

vs Other Active Listings

Avg $/sqft

ZIP 34236$1,061
Sarasota County$346

vs Homes Sold Last Month

Median $/sqft

ZIP 34236$896
Sarasota County$245

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-08Listed for sale$998,000

New Construction Spec Condo

AgentGregg Center
BrokeragePREMIER SOTHEBY'S INTERNATIONAL REALTY

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