430 N Tamiami Trail Unit 1507New Construction Home in Sarasota, FL
Sarasota, FL 34236 · Sarasota County
$1,917,000
$1335/sq ft
Photos of 430 N Tamiami Trail Unit 1507
1 / 23About this home
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 1,436 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.
Home details and costs
- MLS number
- A4681433
- Property type
- Condominium
- Build stage
- Pre-Construction
- Heated square feet
- 1,436 sq ft
- Total under roof
- 1,684 sq ft
- Stories
- 1 Story
- Subdivision
- Saravela Sarasota
- HOA fee
- $1,795/mo
- Annual property tax
- $1 (current assessment)
- Days on market
- 243 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$16,486
$191,700 down (10%) on a $1,725,300 loan
- Principal and interest
- $10,905
- Property tax (estimated)
- $2,801
- Homeowners insurance
- $267
- HOA
- $1,795
- PMI (under 20% down)
- $719
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $1 a year, while taxing this purchase price works out closer to $33,606. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
This listing shows real leverage signals. Here is what its own numbers say.
On the market 243 daysStrong signal
Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.
Pre-constructionContext
Nothing is built yet, so there are no carrying costs pressuring the builder. The trade is that you get design-center control and first pick of lots instead.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Assigned schools
- Elementary
- Alta Vista Elementary
- Middle
- Booker Middle
- High
- Booker High
School assignments come from the MLS and change. Confirm directly with the district before relying on them.
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Listed by Premier Sotheby's International Realty. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 430 N Tamiami Trail Unit 1507, Sarasota, FL 34236 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.