Key Takeaways
- Mira Mar Residences is new construction planned for South Palm Avenue in downtown Sarasota, on the site of the historic Mira Mar, established in 1922 (Source: Seaward Development marketing materials, 2026).
- The project is being developed by Seaward Development, which has stated its intent to preserve the historic Mira Mar Apartments building and return it to its original condition (Source: Seaward Development marketing materials, 2026).
- Seaward Development plans 70 three- and four-bedroom residences in two towers, priced from $4,165,000, with completion projected for the first quarter of 2029 (Source: Seaward Development fact sheet and residence features sheet). Prices and availability are subject to change without notice.
- Buyers and agents can join Carole Samuels' Mira Mar Interest List to receive floor plans, pricing, and availability as soon as Seaward Development releases them.
What is Mira Mar Residences, and where is it located on South Palm Avenue?
South Palm Avenue sits in the heart of downtown Sarasota, one block from the corner of Palm Avenue and Main Street, according to the developer. As part of her COAST Framework approach to evaluating downtown Sarasota condo opportunities, Carole Samuels is tracking Mira Mar Residences from its earliest public announcement so her clients have documented, dated information rather than rumor.
Who is developing Mira Mar Residences?
Carole Samuels and RE/MAX Palm Realty are not affiliated with Seaward Development. Information about the developer's plans on this page comes directly from Seaward Development's own marketing materials, reproduced in the section below exactly as the developer wrote it.
From Seaward Development: The Project Story
The block below is the developer's own marketing copy about Mira Mar Residences. It is reproduced here word for word, with no edits, additions, or corrections, and is clearly attributed to Seaward Development.
Preserving The Past, Defining The Future
WHERE SARASOTA’S STORY BEGAN—AND BEGINS AGAIN
Amid the plethora of downtown condominiums, the Mira Mar stands apart, for it was at this South Palm Avenue site that the foundation for modern Sarasota was laid over 100 years ago. Seaward Development immediately recognized the importance of the Mira Mar Apartments and the former Mira Mar Hotel to the history of Sarasota. The Mira Mar Apartments were the catalyst to Sarasota’s rapid transition from a fishing, ranching, and agricultural community into a stellar destination known nationally for attracting residents and tourists, a reputation still enjoyed. With overwhelming citywide support, Seaward Development will preserve the iconic apartment and return the building to its original condition. Thus, Mira Mar Residences will link Sarasota’s colorful Roaring 1920s past to today’s vibrant downtown for future generations.
Renderings are artist's conceptions and subject to change. Mira Mar Residences is developed by Seaward Development. Carole Samuels and RE/MAX Palm Realty are not affiliated with the developer.
What is the history of the Mira Mar site in downtown Sarasota?
For general background on Sarasota's early twentieth century growth, the Sarasota History Alliance and the Sarasota County historical resources pages are useful starting points. Carole recommends buyers verify any specific historic designation or landmark status for the Mira Mar building directly with the City of Sarasota before relying on it.
Will the historic Mira Mar building be preserved as part of Mira Mar Residences?
Preservation commitments made in developer marketing materials are not the same as recorded land use approvals. Buyers who want to confirm the final, approved scope of any preservation or restoration work should request the condominium documents required under Section 718.503, Florida Statutes, and review any approved site plan on file with the City of Sarasota.
What are the pricing, size, and projected completion for Mira Mar Residences?
Early renderings shared by Seaward Development, shown in the Episode 1 history video below, depict twin tower buildings on the site. Renderings are the developer's artist conceptions and are subject to change.
How can I get Mira Mar floor plans and updates?
Use the contact form below, or visit the Mira Mar Episode 1 article to join the interest list directly.
Where can I watch the history of Mira Mar Residences?
What We Know So Far
| Item | Status |
|---|---|
| Location | South Palm Avenue, downtown Sarasota |
| Developer | Seaward Development |
| Site history | Mira Mar Apartments / former Mira Mar Hotel, established 1922 |
| Preservation plan | Developer states intent to preserve and restore the historic building to original condition |
| Residences | 70 three- and four-bedroom residences in two towers |
| Pricing | From $4,165,000 (subject to change) |
| Projected completion | First quarter of 2029 |
| Floor plans | Available from Carole on request |
| Interest list | Open, via Carole Samuels |
Carole Samuels, REALTOR® — Coastal Real Estate Advisor, RE/MAX Palm Realty
Creator of The COAST™ Framework. Licensed in Florida since 1996. Read Carole's full story →
License SL3155464 · ABR, e-PRO, SFR
Ask Carole About Mira Mar Residences
Your information is never shared. Carole Samuels, REALTOR®, RE/MAX Palm Realty, 330-503-9035, carole@carolesamuels.com.