A joint venture between Jebco Ventures and Omnium Real Estate has secured a $46.5 million construction loan from Centennial Bank for the development of The Edge Sarasota, a luxurious 10-story condominium with 27 residences.
The property, located at 290 Cocoanut Ave., will offer private terraces and penthouse units with spacious rooftop spaces measuring up to 600 square feet. Positioned on half an acre of land, The Edge Sarasota boasts breathtaking views of both Sarasota Bay and the city skyline.
Residents can enjoy top-notch amenities such as a pool and spa, fitness center, concierge services, and climate-controlled private garages. Additionally, there will be a fine-dining restaurant on the ground floor.
With half of its units already presold for an estimated total sellout value of $109 million,the demand for The Edge Sarasota is high among buyers seeking luxury living in this prime location.
