With a surge of buyers moving from large single-family homes on the barrier islands to condominiums in the heart of downtown, Echelon on Palm’s one-of-a-kind Bay House is a unique option for a buyer making the transition from a private home to the convenience of a low-maintenance condominium.
The 4,437 square foot, three bedroom, three bath, two half -bath Bay House encompasses the first two levels of Echelon, the new luxury 18-story condominium community located at 624 South Palm Avenue. Long known as a highly desirable location, with bay front park and Sarasota Bay to the west and the dining, shopping, culture, and services of downtown Sarasota to the east, Echelon has proven popular with those seeking the excitement and walk ability of an urban lifestyle in an a charming residential neighborhood.
The owner of Bay House will enjoy a private two-car garage, first level Owners’ Suite, soaring walls of glass, 21 foot ceilings in the living/dining room, spacious family room and kitchen, flexible open loft/office space, private elevator, walled bay view terrace with
summer kitchen, second level bay view terrace and easy walk-out access to both Gulfstream and Palm Avenues. If purchased pre-construction, the buyer will have the ability to work with the design team to customize the interiors and choose from a wide variety of finish selections. Bay House is priced at $3,100,000, fully finished.
In addition to the town home, Echelon on Palm features 15 full-floor residences of 4,155 square feet each and one residence of 3,086 square feet all with expansive views from multiple bay and city view terraces. The flowing great room floor plans include private elevator lobbies, high ceilings, open kitchens, on-floor storage and summer kitchens overlooking Sarasota Bay. Prices for the condominium residences range from $2,195,000 – $4,250,000.
Architecturally distinct, Echelon is 65% sold and scheduled for a construction start in the next 30 days. Designed by Alcides Santiesteban, of Tampa, Florida, Santiesteban is known for his regional work including Aria, Longboat Key, Ovation in St. Petersburg and a variety of bay front towers in Bonita Bay just north of Naples.
Echelon’s amenities include a residents’ clubroom, fitness center, pool terrace with spa, fire table, bar and grill, and a dramatic roof top terrace where residents can entertain and stargaze. Volume ceilings, marble, limestone, and wide-plank wood flooring, multi-dimensional wall treatments, distinctive built-ins, dramatic lighting and original artwork will define the common areas.
Echelon is being developed by the Naples based Ronto Group, internationally recognized for its high-rise construction, land and luxury development expertise. The company, managed by Jack Solomon and his son, Anthony has completed over 10,000 high-rise residences, 2,000 single-family homes, several shopping plazas and a hotel. Wheelock Street Capital LLC, the financial partner in Echelon on 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.