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Mixed-Use

The Sota Hotel & Residences

1703 Main St, Sarasota, FL 34236

Listing Price: $18,000,000

Lot Size
0.48 acres
Price/Acre
$37,500,000
Land Type
Land

Investment Overview

Marcus & Millichap has been chosen to exclusively present for sale The Sota hotel & Residences. The SOTA is a luxury mixed-use development that brings together 35 high-end condominium residences and a 120-key Hilton Tapestry Collection hotel in the heart of downtown Sarasota. Designed for effortless livability, the project offers resort-style amenities including a 5th-level tropical pool, state-of-the-art fitness center, private social lounge with a sunset terrace, and an on-site signature restaurant and bar overlooking the city. Hotel guests and residents alike enjoy thoughtful conveniences such as valet parking, poolside towel service, room service, conference rooms, and the attentions of a dedicated concierge. Ideally located in Sarasota’s vibrant, walkable waterfront district, SOTA is surrounded by sidewalk cafés, boutique shops, cocktail lounges, and world-class arts and cultural venues. Sarasota itself continues to be nationally recognized—twice named by Forbes as one of the best places to live and do business, and ranked among Florida’s fastest-growing counties for business expansion. Led by a best-in-class development team with deep local expertise, SOTA offers a compelling opportunity to participate in the city’s evolution as a premier destination for luxury living and boutique hospitality.

Investment Highlights

  • Ground-up $80M development featuring a 120-key Hilton Curio or Tapestry hotel and 35 luxury condominiums
  • Located in downtown Sarasota's walkable waterfront district, just steps from Marina Jack and Sarasota Bay
  • Positioned in a federally designated Opportunity Zone offering deferred capital gains and long-term tax incentives
  • Hotel amenities will include rooftop pool, signature restaurant/bar, meeting spaces, and full-service valet & concierge
  • Luxury Condo Residences feature a private lobby, resort-style pool deck, owners' lounge, and sunset terrace
  • Sarasota named one of Forbes' Top 10 U.S. Cities to Live and Do Business with high-growth, high-income demographics

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director / Chief Revenue Officer

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Mixed-Use

The Sota Hotel & Residences

Listing Price: $18,000,000

Lot Size
0.48 acres
Price/Acre
$37,500,000
Land Type
Land

Investment Highlights

  • Ground-up $80M development featuring a 120-key Hilton Curio or Tapestry hotel and 35 luxury condominiums
  • Located in downtown Sarasota's walkable waterfront district, just steps from Marina Jack and Sarasota Bay
  • Positioned in a federally designated Opportunity Zone offering deferred capital gains and long-term tax incentives
  • Hotel amenities will include rooftop pool, signature restaurant/bar, meeting spaces, and full-service valet & concierge
  • Luxury Condo Residences feature a private lobby, resort-style pool deck, owners' lounge, and sunset terrace
  • Sarasota named one of Forbes' Top 10 U.S. Cities to Live and Do Business with high-growth, high-income demographics

Investment Overview

Marcus & Millichap has been chosen to exclusively present for sale The Sota hotel & Residences. The SOTA is a luxury mixed-use development that brings together 35 high-end condominium residences and a 120-key Hilton Tapestry Collection hotel in the heart of downtown Sarasota. Designed for effortless livability, the project offers resort-style amenities including a 5th-level tropical pool, state-of-the-art fitness center, private social lounge with a sunset terrace, and an on-site signature restaurant and bar overlooking the city. Hotel guests and residents alike enjoy thoughtful conveniences such as valet parking, poolside towel service, room service, conference rooms, and the attentions of a dedicated concierge. Ideally located in Sarasota’s vibrant, walkable waterfront district, SOTA is surrounded by sidewalk cafés, boutique shops, cocktail lounges, and world-class arts and cultural venues. Sarasota itself continues to be nationally recognized—twice named by Forbes as one of the best places to live and do business, and ranked among Florida’s fastest-growing counties for business expansion. Led by a best-in-class development team with deep local expertise, SOTA offers a compelling opportunity to participate in the city’s evolution as a premier destination for luxury living and boutique hospitality.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director / Chief Revenue Officer

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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