Sarasota’s historic Bath & Racquet Club site is set to be transformed into a premier wellness compound following the recent groundbreaking of the Bath & Racquet Residences and Club. The project, which officially commenced construction after securing $79 million in financing, marks a significant milestone in the city’s luxury real estate landscape.
A Legacy Reimagined
Once a beloved gathering place for tennis enthusiasts since 1969, the 13-acre property at 2170 Robinhood Street is now poised to become Sarasota’s most dynamic residential and wellness destination. The redevelopment is led by Silver Sky Global Capital and Federal Finance Group, who purchased the site in 2022 for $15.35 million.
Luxury Living Meets Wellness
The project will feature 256 luxury condominiums housed in four-story buildings, each designed with hurricane-proof windows and concrete construction for safety and durability. With over 20 unique floor plans—including one- to three-bedroom layouts and seven three-story penthouses—the residences are tailored for a range of lifestyles. Most units, including all 33 one-bedroom options, have already been pre-sold since sales began in January 2023.
Beyond residential offerings, the development is anchored by a robust wellness and recreation program. Residents and club members will enjoy:
- 13 outdoor tennis courts
- 16 pickleball courts (including 12 indoor, air-conditioned courts)
- A state-of-the-art fitness center and wellness spa
- A resort-style pool and private residential pool
- Yoga and Pilates studios
- Walking trails and a dog park
- A full-service restaurant and bar exclusive to residents and members
- Additional amenities such as bike storage, private unit storage, and assigned parking
A Community Driven by Wellness and Sport
The project’s wellness focus is led by tennis legend Tommy Haas, who serves as Global Ambassador and Club Curator. Haas, a former world #2 player who trained in Sarasota, is dedicated to creating a world-class facility that honors the club’s storied past while promoting active, healthy living.
“This is an incredible full-circle moment for me,” Haas said. “I moved to this area when I was 11 years old to pursue my dreams of turning pro. I am thrilled to be part of bringing back this historic landmark, which holds a special place in Sarasota’s sporting history.”
A Beacon for Sarasota
Local officials and developers alike view the Bath & Racquet Residences and Club as a transformative project for the city. Sarasota City Commissioner Kyle Battie described the groundbreaking as a “monumental, historic day,” emphasizing the project’s role in shaping the city’s future.
With construction underway and move-ins expected by December 2026, the Bath & Racquet Residences and Club is set to offer a blend of luxury living, wellness and world-class sports amenities — cementing its place as a landmark destination for Sarasota and the region.
An Investment Opportunity
Since its initial offering, the project has seen a rapid increase in pricing, with values rising by $100 per square foot—an early indicator of robust demand and investor confidence. Investors who got in at the beginning have gained close to 20%. Prices will continue to increase as the development progresses, so now is now is a prime time for prospective buyers to secure a unit before prices climb further.
Currently, Bath & Racquet Residences boasts the best price per square foot among new in-city condominiums not located on the water, undercutting competitors by 50% to 70%. In addition, homeowners’ association (HOA) fees are approximately half those of similar communities, providing an added financial advantage for residents.
Strategic Partnership and Investment Potential
The Laughlin Tanner Group, which maintains a special relationship with the developer, is offering exclusive access to the best deals and terms for buyers who work with our team. This partnership ensures that clients can maximize their investment and secure outstanding returns.
Interested parties are encouraged to contact the Laughlin Tanner Group for details on how to participate in this exciting investment opportunity before prices rise further. This is a rare chance to get in on a development offering both luxury and value in Sarasota.
