Aqua is a boutique nine-story luxury condominium at 280 Golden Gate Point in downtown Sarasota, on the bay peninsula that sits just south of the John Ringling Causeway. It broke ground in April 2015 and was developed by Jonathan McCague and Michael Adams, with the building designed by Sarasota architect Guy Peterson (Your Observer, 2015).
The building is intentionally small. Aqua is a collection of full-floor residences, with each home occupying an entire floor and ranging into the thousands of square feet under air, framed by floor-to-ceiling glass and terraces for panoramic Sarasota Bay and downtown skyline views (Your Observer, 2015). Because supply is so limited, each residence trades on its floor, exposure, and finish rather than a building-wide average.
Golden Gate Point itself is an exclusive peninsula on Sarasota Bay that has filled in over the past two decades with boutique and full-floor luxury condominiums, bordered by the Ringling Causeway to the north and the downtown bayfront to the south, with Marina Jack, Bayfront Park, and Main Street within a short walk from the south end.
The honest read on Aqua is occupant focused: confirm the specific residence and its exposure, read the association reserves and milestone inspection status, and quote the coastal flood and wind insurance for the unit. The view is the easy part; the carrying cost and the building reserve posture are what set the real number.