1500 State Street: Modern Condo Living in Downtown Sarasota

by Hunt Brothers Realty

1500 State Street is a boutique condominium in the heart of Downtown Sarasota, offering just 20 residences in a contemporary mixed-use building completed in 2017. Its defining advantage is location: residents are positioned near Main Street, Lemon Avenue, the Sarasota Farmers Market, restaurants, shops, cultural destinations and the bayfront. Residences emphasize efficient modern floor plans, private balconies, tall ceilings and assigned covered parking connected with the State Street garage. Unlike Sarasota's larger luxury towers, 1500 State Street does not revolve around an extensive resort amenity package. It is primarily about modern urban living, a small residential population and direct access to downtown.

Quick Answers About 1500 State Street Sarasota

Where is 1500 State Street in Sarasota?

1500 State Street is located at 1500 State Street, Sarasota, Florida 34236, in the traditional Downtown Sarasota core near Lemon Avenue and Main Street. The address puts residents close to restaurants, shopping, the Saturday Sarasota Farmers Market, Five Points and numerous downtown cultural destinations.

How many condos are at 1500 State Street?

Florida condominium registration records identify 1500 State Street as a 20-unit condominium. That makes it considerably smaller than many of Downtown Sarasota's larger residential towers.

When was 1500 State Street built?

The condominium was completed and registered in 2017. Its relatively recent construction and contemporary interiors distinguish it from many older buildings in Sarasota's central downtown grid.

Does 1500 State Street have a pool?

Current building and listing information does not identify a resident swimming pool as part of the condominium's amenity program. Buyers who prioritize a resort pool, large fitness center or extensive resident club facilities should compare 1500 State Street with larger downtown buildings that provide those amenities.

Does 1500 State Street have garage parking?

Yes. Current property information identifies assigned covered parking connected with the State Street parking garage. An unusual feature of the design is that selected residences can access parking on the same building level, although buyers should verify the exact parking rights associated with the individual condominium.

Is 1500 State Street waterfront?

No. 1500 State Street is an urban Downtown Sarasota condominium rather than a waterfront building. Its value proposition centers on the Main Street core and downtown walkability rather than direct Sarasota Bay frontage or private boating access.

Can condos at 1500 State Street be rented?

Current MLS-derived building information commonly identifies a one-month minimum lease period. Rental rules can be amended, and additional restrictions may apply, so buyers should verify the current declaration, rules and leasing procedures directly through the condominium association before relying on historical listing information.

Are pets allowed at 1500 State Street?

Current property records indicate that pets are permitted, but published sources differ on specific weight limitations and conditions. Buyers should obtain the current condominium rules and confirm the number, size, breed and other applicable pet restrictions before purchasing.

1500 State Street Is a Boutique Downtown Condominium

The scale of 1500 State Street is one of its most important characteristics. Florida Department of Business and Professional Regulation records identify only 20 condominium residences, creating a fundamentally different ownership environment from a downtown tower containing 100 or more units.

The building combines residential and commercial uses. Retail and commercial space contributes to the urban streetscape at the lower levels, while the condominium residences occupy the building above. This is not a secluded residential complex set apart from downtown activity. It is deliberately integrated into the city center.

That distinction matters for buyers. Someone looking for extensive private grounds, a large pool deck and multiple resort amenities may prefer a different building. Someone who wants a contemporary residence directly within Downtown Sarasota may view the smaller amenity program as a reasonable tradeoff for the location.

Hunt Brothers Realty's Downtown Sarasota condo comparison explains why buyers should compare buildings by location and lifestyle rather than assuming every downtown condominium provides the same experience.

What Are the Condos at 1500 State Street Like?

Residences at 1500 State Street are generally compact by luxury condominium standards, reinforcing the building's urban character. Current property records show one-bedroom and two-bedroom configurations, with individual layouts and measurements varying by residence.

A current 2026 one-bedroom listing, for example, identifies approximately 752 square feet of interior living space and a private balcony. Other property records document larger two-bedroom residences. Buyers should rely on the current condominium plan, property record and listing measurements for the specific unit rather than assuming every residence has the same dimensions.

Features associated with residences include:

Open-concept living areas
Private balconies or terraces
Approximately 10-foot ceilings in documented residences
Contemporary kitchens
Granite countertops in original and current property descriptions
Stainless steel appliances in documented residences
In-unit laundry
Impact-resistant glass identified in current building information
Secured building and elevator access
Assigned covered parking

Individual condos can be renovated, furnished or otherwise changed after the original construction. Buyers should therefore distinguish original building specifications from the actual condition and finishes of the residence being considered.

The Parking Arrangement Is One of the Building's Most Interesting Features

Parking can materially affect the convenience of downtown condominium living. At 1500 State Street, residential parking is connected with the adjacent State Street garage rather than relying on an isolated residential parking structure.

Current listings describe assigned covered parking with unusually convenient access to the residential floors. A current fourth-floor residence, for example, identifies its assigned covered parking space on the same level as the condominium.

Parking rights are property-specific. Buyers should confirm the deeded or assigned space, location, guest-parking arrangements, access procedures and any applicable rules for the residence they are considering.

What Amenities Does 1500 State Street Have?

1500 State Street should not be confused with a full-service resort condominium. Its amenity proposition is comparatively streamlined.

Current building and property information emphasizes:

Secured residential access
Elevator service
Assigned covered garage parking
Private residential balconies and terraces
Commercial uses within the mixed-use development
Immediate access to the Downtown Sarasota environment

Current sources do not identify a resident resort pool, extensive fitness facility, concierge program or large private social club as defining building amenities. That can be a positive or negative depending on the buyer.

A buyer who wants extensive shared amenities can compare 1500 State Street with 1350 Main, BLVD Sarasota or BAYSO Sarasota, all of which provide substantially broader resident amenity programs.

Location Is the Main Amenity at 1500 State Street

For many buyers, the strongest amenity is outside the building.

1500 State Street sits near the intersection of State Street and Lemon Avenue, just off the Main Street corridor. This places the building in the traditional commercial and cultural center of Downtown Sarasota rather than on its outer edge.

Depending on destination and route, residents can have convenient pedestrian access to:

Main Street restaurants and shops
The Sarasota Farmers Market
Five Points and Selby Five Points Park
Sarasota Opera
Florida Studio Theatre
Downtown galleries and businesses
Sarasota's bayfront
Downtown parks and public spaces

Actual walking convenience depends on the destination, weather, construction, traffic and individual mobility. Still, the building's central location makes it particularly relevant for buyers whose goal is to use a car less frequently for everyday downtown activities.

Hunt Brothers Realty's guide to living near Downtown Sarasota explores the broader tradeoffs between downtown condominium living and nearby residential neighborhoods.

The Sarasota Farmers Market Is Right in the Downtown Environment

One distinctive aspect of the location is its relationship with the Sarasota Farmers Market. The longstanding Saturday market operates within the downtown street grid, including the Lemon Avenue area immediately associated with 1500 State Street's surroundings.

For some buyers, having a major weekly downtown event outside the building is part of the appeal. For others, it reinforces an important point about the property: this is active urban living.

Downtown events, restaurant activity, pedestrians, deliveries, traffic and nearby businesses can create a different environment from a quiet residential condominium enclave. Prospective buyers should visit the building during weekday mornings, evenings and weekends to understand how the location feels at different times.

1500 State Street Is Not a Waterfront Condo

Buyers researching Downtown Sarasota sometimes group every centrally located condominium into the same category. That can obscure an important difference.

1500 State Street is not directly on Sarasota Bay. It does not offer private waterfront frontage, marina facilities or direct boating access. Its relationship with Sarasota Bay comes from its downtown location and access to the public bayfront rather than waterfront ownership.

Buyers who make water views or direct waterfront location a priority should compare other parts of Downtown Sarasota, The Quay and Golden Gate Point. Hunt Brothers Realty's Downtown Sarasota building comparison separates Main Street-oriented properties from bayfront, Quay and Golden Gate Point choices.

How Does 1500 State Street Compare With 1350 Main?

Both buildings appeal to buyers who want to live in the Main Street core, but they provide very different condominium experiences.

1350 Main is a substantially larger high-rise building with concierge service, a resort-style pool deck, fitness facilities and resident social spaces. Its residences also extend into considerably larger floor plans.

1500 State Street is smaller, newer and more streamlined. Its 20-unit residential count and compact layouts can appeal to a buyer who prioritizes a boutique building and central location over a long list of common amenities.

Feature	1500 State Street	1350 Main
Building Style	Boutique mixed-use condominium	Larger luxury high-rise
Residential Count	20 residences	Substantially larger residential community
Pool	Not identified in current building information	Yes
Fitness Center	Not identified as a building amenity	Yes
Parking	Assigned covered garage parking	Garage parking
Location Emphasis	State Street and Lemon Avenue urban core	Direct Main Street address

How Does 1500 State Street Compare With Newer Luxury Condos?

The word modern can mean different things in Downtown Sarasota. 1500 State Street offers relatively recent construction and contemporary residences, but it should not be placed in the same category as Sarasota's large newer luxury developments simply because it was completed in 2017.

BAYSO Sarasota, for example, combines newer construction in The Quay with a resort-style pool, fitness facilities, resident club spaces, concierge service and Sarasota Bay views from selected residences. BLVD Sarasota provides another high-rise alternative with extensive amenities and larger luxury residences.

1500 State Street offers a different proposition: fewer residences, smaller floor plans, fewer shared amenities and a location embedded directly in the traditional Main Street business district.

Who Might Prefer 1500 State Street?

No Downtown Sarasota condominium is the right choice for every buyer. 1500 State Street may be particularly worth comparing for someone whose priorities include:

A very central Downtown Sarasota location
A small residential population
Relatively recent construction
A compact, lower-maintenance residence
Private outdoor balcony space
Covered assigned parking
Restaurants and shops immediately nearby
Access to downtown cultural venues and events
Less emphasis on resort-style shared amenities

Buyers who want larger residences, a pool, concierge, fitness center, extensive common areas, direct bay frontage or private boating facilities should compare other buildings before deciding.

Hunt Brothers Realty's Downtown Sarasota condo buyer guide can help buyers create a shortlist based on these priorities.

What Should Buyers Verify Before Purchasing at 1500 State Street?

A building profile is a starting point, not a substitute for condominium due diligence. Before purchasing a specific residence at 1500 State Street, buyers should investigate current information that can materially affect ownership.

Current condominium assessments and what they include
Association budget and financial information
Applicable reserve information
Current or proposed special assessments
Association insurance
Individual HO-6 insurance requirements
Pet rules
Leasing restrictions and approval procedures
Parking rights and access
Storage rights, if any
Commercial and residential shared-property responsibilities
Maintenance responsibilities
Applicable structural inspection and reserve-study requirements
Condition of the individual residence

Florida condominium requirements have changed in recent years, and not every statutory requirement applies identically to every building. Buyers should obtain current association records and have legal, financial, insurance, inspection and other property-specific questions reviewed by the appropriate qualified professionals rather than relying on older listing descriptions.

Association Fees Need Context

Current listings provide useful snapshots of condominium fees, but those figures should not be treated as permanent building-wide numbers. Assessments can change, and different sources may display a quarterly amount, monthly equivalent or another billing format.

Instead of comparing one advertised fee with another building's fee, buyers should obtain the current association budget and determine what the assessment actually funds. A meaningful comparison should consider insurance, common-area maintenance, reserves, building services, utilities included in the fee and any current or anticipated special assessments.

Tax consequences and condominium expenses depend on the individual property and owner. Buyers should verify taxes with the applicable public records and tax authorities and consult qualified tax or financial professionals regarding their specific circumstances.

Insurance Should Be Reviewed Before the Purchase Decision

Condominium buyers need to understand both association-level insurance and the coverage appropriate for the individual unit. The association's master policy does not eliminate the need to evaluate individual coverage.

Insurance availability, coverage and premiums can vary substantially by property and policy. Buyers should obtain a property-specific HO-6 quote, review the association's current insurance information and discuss coverage, deductibles and loss-assessment considerations with a qualified Florida insurance professional before making a purchasing decision.

Additional Questions About 1500 State Street

Is 1500 State Street a high-rise?

It is better described as a boutique mid-rise or mixed-use downtown condominium than one of Sarasota's major residential high-rises. The limited 20-unit residential count is central to its identity.

Does 1500 State Street have bay views?

The building is not a bayfront condominium, and buyers should not assume Sarasota Bay views. Outlooks vary by floor and orientation and are more commonly associated with the surrounding downtown cityscape. The actual view should be evaluated from the specific residence.

Is 1500 State Street a 55+ condominium?

Current condominium and property information does not identify 1500 State Street as a 55+ age-restricted community. Buyers should nevertheless review the current association documents for all occupancy rules applicable to a particular purchase.

Is 1500 State Street good for someone who wants to walk downtown?

Its central location is one of the building's defining characteristics. Main Street, restaurants, shops, cultural destinations and downtown events are nearby, although actual walking convenience depends on the destination, route, weather and individual mobility.

Is 1500 State Street quieter than a large luxury tower?

A smaller residential population does not necessarily mean a quieter overall environment. The building is located in an active commercial downtown area near restaurants, businesses, events and the Sarasota Farmers Market. Buyers sensitive to street activity should visit at multiple times of day and week.

What other boutique Downtown Sarasota condos should buyers compare?

Buyers interested in smaller modern buildings can compare 1500 State Street with properties such as The Collection, Sansara and other boutique downtown choices. Hunt Brothers Realty's guides to The Collection Sarasota and Sansara Sarasota illustrate how dramatically floor-plan size, amenities and location can vary even among low-density downtown condominiums.

The Bottom Line on 1500 State Street Sarasota

1500 State Street occupies a distinctive position in Downtown Sarasota. It combines relatively recent construction with only 20 residences, private balconies, secured access, covered parking and a location embedded directly in the traditional downtown core.

Its appeal is not based on having the largest residences or the longest list of amenities. There is no currently identified resort pool, major fitness center or expansive resident club program. Instead, the building offers a streamlined form of condominium ownership where Downtown Sarasota itself provides much of the lifestyle.

For the right buyer, that can be the point. Restaurants, shops, cultural venues, the Farmers Market and the bayfront are part of the surrounding environment, while the residence provides a contemporary home base with private outdoor space and covered parking.

Hunt Brothers Realty can help buyers compare 1500 State Street with other Downtown Sarasota condominiums based on current inventory, floor plans, association expenses, parking, amenities and preferred location. Explore Sarasota real estate, review the Downtown Sarasota condo buyer guide, compare Downtown Sarasota condos by location and lifestyle, or contact Hunt Brothers Realty to discuss current downtown opportunities.

Informational notice: This article provides general real estate and educational information only and is not individualized legal, financial, tax, insurance, lending, inspection, engineering, title or other professional advice. Condominium assessments, reserves, insurance, leasing rules, pet policies, parking rights, amenities and other conditions can change. Buyers should obtain and review current association documents and property-specific information and consult the appropriate qualified real estate, legal, insurance, tax, lending, inspection, engineering and other professionals before making a purchasing decision.