The Obsidian

The Obsidian is set to redefine luxury living in downtown Sarasota, poised to become the city’s tallest building at 347 feet and a beacon of modern elegance. Located at 1260 North Palm Avenue, this pre-construction 18-story condominium, developed by Matt Kihnke of MK Equity Corporation and designed by Hoyt Architecture, will feature just 14 full-floor residences, each a bespoke masterpiece tailored for high-net-worth buyers. With residences ranging from 4,200 to over 7,200 square feet and starting in the upper $4 millions, The Obsidian offers unmatched exclusivity in one of Florida’s most vibrant cultural hubs. Positioned on Gallery Row, across from the Palm Avenue parking garage and adjacent to Bay Plaza, the tower will replace a single-story commercial site, signaling a transformative evolution for the area. Its sleek glass-and-steel façade, designed to reflect the Gulf Coast’s natural light, will provide residents with sweeping panoramic views of Sarasota Bay, the city skyline, and the distant barrier islands. While the project faces zoning controversies, with a critical appeal vote scheduled for May 13, 2025, its visionary design promises to elevate Sarasota’s urban landscape, blending privacy, luxury, and cultural connectivity.

The Obsidian’s architectural brilliance lies in its fusion of contemporary aesthetics and functional innovation. Each full-floor residence, accessible via private elevators, offers unparalleled privacy and customization, allowing buyers to craft their dream home in the sky. Floor-to-ceiling windows and expansive terraces maximize light and space, framing breathtaking vistas of Sarasota’s evolving skyline. Interiors will feature premium finishes, including European cabinetry, quartz countertops, and spa-inspired bathrooms, creating a warm yet sophisticated atmosphere. The development’s prime location on Gallery Row immerses residents in Sarasota’s cultural epicenter, with world-class art galleries, boutique shops, and acclaimed restaurants just steps away. The Sarasota Opera House, Florida Studio Theatre, and Selby Gardens are within walking distance, while Bay Sarasota Park—a 53-acre waterfront oasis four blocks away—offers a serene retreat. Lido Beach and St. Armands Circle, a short drive away, provide coastal charm and upscale shopping, balancing urban vibrancy with tranquility. Despite community concerns about the tower’s height, The Obsidian aligns with Sarasota’s forward-thinking growth, promising to become a landmark of prestige and sophistication.

Residences at The Obsidian are designed as sanctuaries of modern luxury, tailored for those who demand the finest in urban living. Open-concept layouts flow seamlessly into gourmet kitchens, while smart home technology integrates lighting, climate control, and security for effortless comfort. The project’s anticipated completion will set a new standard for luxury condominiums in Sarasota, offering a rare blend of bespoke design and vibrant city living. With its limited collection of homes, The Obsidian fosters an intimate, exclusive community, appealing to buyers seeking a modern masterpiece in the heart of a dynamic coastal city.

Explore elevated living at The Obsidian — where luxury, location, and lifestyle meet seamlessly. I am Sarasota’s leading New Construction sales expert. Contact me at 941.281.5472 or email me at lisa@sarasotaluxurycondos.com

  • Rooftop sky deck with lap pool: A luxurious heated lap pool with spa and fire pit, offering panoramic city and bay views for relaxation or entertaining.
  • State-of-the-art fitness center: Equipped with advanced cardio machines, weight training equipment, and a yoga studio for a comprehensive wellness experience.
  • Residents’ lounge with entertainment area: A sophisticated space with a media center, wet bar, and plush seating for social gatherings or private events.
  • 24/7 concierge service: Personalized assistance for reservations, deliveries, event planning, and tailored resident requests.
  • Secured parking with EV charging stations: Climate-controlled parking with electric vehicle charging for convenience and sustainability.
  • Pet-friendly amenities: Dedicated areas with grooming stations and nearby green spaces for residents’ pets.
  • Outdoor barbecue and dining area: A communal terrace with grills and dining tables for al fresco resident gatherings.
  • Spa and wellness suite: Featuring a sauna, steam room, and massage facilities for ultimate relaxation and rejuvenation.
  • Business center with high-speed Wi-Fi: A co-working space with a conference room for professional meetings or remote work.
  • Children’s playroom: A safe, engaging area with toys and activities designed for young residents.
  • Bicycle storage and repair station: Secure storage with maintenance tools for cycling enthusiasts.
  • Package concierge system: Secure lockers with delivery notifications for seamless package handling.
  • Guest suite for visitors: A rentable, elegantly appointed room for overnight guests, enhancing hospitality options.
  • Community garden: A landscaped area for residents to cultivate plants, herbs, or flowers, fostering community engagement.
  • Outdoor fire pit lounge: A cozy rooftop gathering spot with comfortable seating for evening relaxation under the stars.

  • Full-floor residences with private elevators: Each home occupies an entire floor with direct elevator access, ensuring ultimate privacy and exclusivity.
  • Expansive private terraces: Generous outdoor spaces with glass railings, offering panoramic views of Sarasota Bay and the city skyline.
  • Open-concept layouts with high ceilings: Spacious great rooms with 10-foot ceilings, creating an airy, light-filled environment.
  • European cabinetry and quartz countertops: Gourmet kitchens with sleek, modern finishes and premium stainless steel appliances.
  • Spa-inspired bathrooms: Double vanities, frameless glass showers, deep soaking tubs, and designer fixtures for a luxurious retreat.
  • Smart home technology: Integrated systems for lighting, climate control, and security, enhancing convenience and connectivity.
  • Soundproofed walls and impact-resistant windows: Acoustic walls and storm-resistant windows for privacy, protection, and noise reduction.
  • Custom walk-in closets: Spacious, built-in storage with adjustable shelving for personalized organization.
  • In-unit laundry with high-efficiency washers: Full-size washers and dryers for resident convenience and efficiency.
  • Pre-wired for high-speed internet: Seamless connectivity for work, streaming, and smart home integration.
  • Energy-efficient appliances: Eco-friendly kitchen and laundry appliances to minimize utility costs and environmental impact.
  • Solid-core interior doors: Elegant, sound-insulating doors with brushed nickel handles for enhanced privacy and style.

Property Location