624 Palm To Bring 17 Luxury Condominium Residences to Downtown Sarasota- Reservations Underway

The Ronto Group of Naples, FL, announces 624 Palm, a new luxury condominium community that will be located in one of Sarasota’s most desirable downtown neighborhoods. Situated on tony Palm Avenue with neighboring art galleries and restaurants, the striking glass building was designed by Alcides Santiesteban, principal with Santiesteban & Associates Architects of Tampa, Florida.

624 Palm will be an 18- story tower offering 15 full-floor residences of 4,155 square feet each, one half-floor residence of 3,079 square feet, and one 4,381 square foot two-level townhome. Each residence will have a private elevator entry and garage parking. Buyers will experience expansive bay and city views from terraces located on all sides of the building. Amenities include summer kitchens, a fitness center, yoga terrace, a residents’ clubroom, spacious pool area with spa, fire table and a roof top terrace for entertaining and stargazing.

Santiesteban, known for his local work including Aria, Longboat Key, The Tower Residences at The Ritz-Carlton, Sarasota and The Ovation in St. Petersburg, says 624 Palm will enhance the downtown skyline with its use of soaring glass and curvilinear forms. “Residences at 624 Palm provide flexible open floor plans more typically associated with single family residences,” explained Santiesteban. “Expansive glass walls and oversized terraces allow for 360 degree views of downtown and the waterfront…we made sure to focus on the opportunity for indoor/outdoor living space which is so important to luxury buyers today.”

Located in the heart of downtown Sarasota, 624 Palm is just blocks from Burns Court and Main Street—offering residents convenient access to dining, cultural offerings and shopping.

“The Sarasota market is experiencing a resurgence of interest and excitement in 2015 so it’s the perfect time to create this one-of-a-kind community to complement our development portfolio,” said Anthony Solomon, Executive Vice President of The Ronto Group. “We are also thrilled to announce the opening of our sales office and to report the response to 624 Palm has been tremendous, with 50% of the residences reserved in just 4 weeks”

The 624 Palm sales office is located onsite at 624 South Palm Avenue and is open by appointment only. Reservations are now underway with residences priced from $2,100,000 to $3,975,000. For sales information contact Amy Drake, Ascentia Realty Group, 624 South Palm Ave. 941-376-9346, amy@echelononpalm.com.

Founded in 1967 by A. Jack Solomon, The Ronto Group, Inc. is a family company now managed by Jack and his son, Anthony. The Ronto Group expanded into Southeast Florida in 1978 and into the burgeoning Southwest Florida market in the mid-1980s. The company has completed over 10,000 high-rise residences, 2,000 single-family homes, several shopping plazas and a hotel. Now based in Naples, Florida, Ronto is internationally recognized for its high-rise construction, land and luxury development expertise.

Wheelock Street Capital LLC, the financial partner in 624 Palm is a private real estate investment firm founded in 2008 by Merrick R. Kleeman and Jonathan H. Paul and is headquartered in Greenwich, CT and Boston, MA.