At 420 Golden Gate Point, a rare opportunity has emerged with the listing of Penthouse 700 at Grande Riviera for $8.5 million. This full-floor penthouse, spanning the seventh floor of the 13-unit waterfront building, is being marketed by Tom Hedge and Monica Barth of Premier Sotheby’s International Realty’s Downtown Sarasota office, marking the first verified sale of its kind at the building in over eight years.
Features of the 5,412-Square-Foot Residence
Penthouse 700 spans 5,412 square feet of interior space and includes four bedrooms, four full baths, and two half baths. The residence was designed to maintain uninterrupted views of the water and skyline, with an open floor plan that avoids structural columns. Approximately 2,500 square feet of surrounding terraces extend the living areas outdoors. These terraces offer sightlines across Sarasota Bay, the downtown skyline, and the Gulf of Mexico.
The residence is designed for single-level living. It features expansive living and dining areas framed by walls of glass, along with a private office, exercise space, and additional flex space. The kitchen includes a large center island with a gas cooktop and extensive cabinetry. Private elevator access and a two-car garage further distinguish the property.
Grande Riviera is a boutique building of just 13 residences. It sits at the southern end of Golden Gate Point across the bay from downtown Sarasota. Building amenities include a bayfront pool and spa, along with personalized building services. The property is near downtown restaurants, galleries, theaters, the marina, Bayfront Park, and The Ritz-Carlton, Sarasota.
Historical Context and Market Position
According to Sarasota County property records, the most recent verified full-floor penthouse sale at Grande Riviera was Penthouse 900 in February 2018 for $5.05 million. The listing notes that bringing an entire floor to market is a significant offering for the area.
Grande Riviera represents an important chapter in the evolution of Golden Gate Point. When the building was completed in 2005, the peninsula was entering a period of significant transformation. Grande Riviera was among the early luxury residential buildings that helped establish the scale, architecture, and waterfront lifestyle that define Golden Gate Point today. Its gold dome became part of the Sarasota skyline, and nearly two decades later, the building remains one of the peninsula’s most recognizable residences.
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