One Watergate is a high-rise condominium occupying one of the most coveted bayfront sites in downtown Sarasota. It rises 18-stories high at 1111 Gulfstream Avenue fronting the scenic marina and yacht basin on Bayfront Drive. Streets arterial eastward of Gulfstream and Bayfront Drive shortly lead to the various downtown attractions helping mold demand for Sarasota condos for sale.
Built in 1974, this condominium nestles amidst lush and well-designed landscaping with the posh Ritz-Carlton Towers Residences as its next-door neighbor to the west and the Vue Sarasota Bay to the east. One Watergate notably shares with the Ritz-Carlton condominium the serene Watergate Drive as access lane to and from Gulfstream Avenue.
Charming As Ever
Although built in the 1970s. One Watergate condos for sale remain as charming as their newer counterparts in the Sarasota downtown neighborhood. Most of the condos of One Watergate have had updates, and upgrades for the entire building have been undertaken as well. The building improvements include a makeover of the lobby and the installation of new windows, hurricane-proof sliders, new railings and new tiles for the balconies.
Moreover, One Watergate provides amenities which are at par with those found in high-end Sarasota condo communities. Its facilities include tennis courts, a perk which only this condominium and Ritz-Carlton have in their neighborhood.
Additionally, the One Watergate community is provided with a private pool with a spacious brick-pavered deck and outdoor grills. Besides this, the property features a glassed-in community room, a fully equipped fitness center, wireless Internet and covered parking spaces.
Attractive Price Points
One Watergate condos for sale are more moderately priced compared with its neighboring properties. The asking prices of lower-floor condos in this property are could be quoted at as low as the $400s for their living areas measuring 1,575 square feet designed with two bedrooms and two baths.
An 18th floor penthouse in One Watergate, as to be expected, would get premium valuation given the priceless bay and city views it affords. Pricing for such a residence with a floor area of 1,577 square feet designed with one bedroom and two baths is typically pegged in the $1 million range. Fine interior details, such as hardwood floors in the living area and all-marble tiled baths, further enhance the values of condos for sale in One Watergate.
Portal to Gulf Delights
Buying interest on this condominium is likewise kindled by its proximity to the John Ringling Causeway which stretches westward to the chic shops and fine restaurants of St. Armands Circle. This same span likewise serves as gateway to Lido Beach and the other Gulf Coast delights in Longboat Key which include two challenging golf courses.
Just tarrying around the immediate vicinity of One Watergate though may suffice a yearning for life and leisure activities on any given day. Just across south from this condominium, its residents can enjoy the delightful features of the Bayfront Park/Marina which features biking and walking trails, canoe launch, picnic grounds and playing fields plus the superb dining at Marina Jacks and O’Leary’s. Arts and cultural activities are likewise woven into the delights of living in One Watergate, with landmarks like the Van Wezel Performing Arts Hall and the Sarasota Opera House so close to this property.
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