1625 4Th Street, Sarasota, FL 34236
Active Under Contract $7,999,000
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Under contract-accepting backup offers. Shovel-ready luxury development in the heart of Sarasota. Refined urban living | Rosemary District | $57M-plus projected sales. Experience the best of downtown Sarasota. A game-changer for luxury developers, builders and visionaries—this is one of the last buildable parcels in Sarasota’s vibrant and walkable Rosemary District, moments from the new 53-acre Bay Sarasota Park and surrounded by over 65 restaurants within a six-block radius. What makes this project unmissable? Two words: Time and density. Shovel ready with permits ready to issue. Approved plans feature a boutique, contemporary mixed-use masterpiece combining10 designer condominium residences, 10 tri-level town homes with private garages and elevators, and 10 luxury retail suites with soaring storefronts. Design and lifestyle highlights such as private gated enclave with individual entrances, expansive four-bedroom, 3.5-bath layouts, separate guest casitas for multi-gen or income opportunities, illuminated, open floor plans with floor-to-ceiling glass, alfresco terraces with grill-ready summer kitchens, lushly landscaped Zen-inspired pool oasis, private two-car garages and in-unit elevators, crafted with the latest hurricane construction standards. Premium designer finishes and curated architectural touches throughout. Investment snapshot, projected sales from $2.4M–$3M per unit with total potential projected revenue of $57,220,000. Construction timeline as little as 24 months Ideal for capital rotation, high-margin resale or portfolio legacy. the ultimate urban lifestyle. In Sarasota’s booming cultural corridor, this project redefines boutique luxury in one of Florida’s top-ranked lifestyle cities. From University Town Center to Sarasota Opera, Selby Gardens and Lido Beach—everything is within reach. Pro forma available upon request Don't miss your chance to shape the skyline—and the future—of downtown Sarasota, everything you desire is in reach. Find your ideal Florida lifestyle at Sunrise Preserve.
Cable TV
Fence Restrictions
Gated
Taxes: $44,112.00
Tax Year: 2024
Association Fee: $995.00
Association Fee Frequency: Monthly
City
Elementary School: Alta Vista Elementary
Middle School: Booker Middle
Junior High: Booker Middle
High School: Booker High
MLS Area: 34236 - Sarasota
Price per Square Feet: $128.71
Water: Public
Date Listed: 2025-06-13 00:00:00
Pets: Size Limit, Yes
Sewer: Public Sewer
Lot Desc.: Buildable, Corner Lot, Curb And Gutters, City Limits, Level, Near Public Transit, Room For Pool, Sidewalk, Street Lights, Paved, Suburb, Wooded
Parcel ID: 2026100068
Amenities: Cable Tv, Fence Restrictions, Gated
Listing Courtesy Of: Premier Sotheby's International Realty
frank.lambert@premiersir.com
Under contract-accepting backup offers. Shovel-ready luxury development in the heart of Sarasota. Refined urban living | Rosemary District | $57M-plus projected sales. Experience the best of downtown Sarasota. A game-changer for luxury developers, builders and visionaries—this is one of the last buildable parcels in Sarasota’s vibrant and walkable Rosemary District, moments from the new 53-acre Bay Sarasota Park and surrounded by over 65 restaurants within a six-block radius. What makes this project unmissable? Two words: Time and density. Shovel ready with permits ready to issue. Approved plans feature a boutique, contemporary mixed-use masterpiece combining10 designer condominium residences, 10 tri-level town homes with private garages and elevators, and 10 luxury retail suites with soaring storefronts. Design and lifestyle highlights such as private gated enclave with individual entrances, expansive four-bedroom, 3.5-bath layouts, separate guest casitas for multi-gen or income opportunities, illuminated, open floor plans with floor-to-ceiling glass, alfresco terraces with grill-ready summer kitchens, lushly landscaped Zen-inspired pool oasis, private two-car garages and in-unit elevators, crafted with the latest hurricane construction standards. Premium designer finishes and curated architectural touches throughout. Investment snapshot, projected sales from $2.4M–$3M per unit with total potential projected revenue of $57,220,000. Construction timeline as little as 24 months Ideal for capital rotation, high-margin resale or portfolio legacy. the ultimate urban lifestyle. In Sarasota’s booming cultural corridor, this project redefines boutique luxury in one of Florida’s top-ranked lifestyle cities. From University Town Center to Sarasota Opera, Selby Gardens and Lido Beach—everything is within reach. Pro forma available upon request Don't miss your chance to shape the skyline—and the future—of downtown Sarasota, everything you desire is in reach. Find your ideal Florida lifestyle at Sunrise Preserve.
Property Details
Price: $7,999,000
City: Sarasota
County: Sarasota
Type: Land
Development: Orange One
Acres: 1.4200
Virtual Tour/Floorplan: View
Listing Number: A4655859
Status Code: Active Under Contract
Taxes: $44,112.00
Tax Year: 2024
Pets Allowed: Size Limit, Yes
Total Recurring Fees: $995
Total Recurring Fee Frequency: 0.00
Amenities:
Cable TV
Fence Restrictions
Gated
Financial Information:
Taxes: $44,112.00
Tax Year: 2024
Association Fee: $995.00
Association Fee Frequency: Monthly
View:
City
School Information:
Elementary School: Alta Vista Elementary
Middle School: Booker Middle
Junior High: Booker Middle
High School: Booker High
Additional Information:
MLS Area: 34236 - Sarasota
Price per Square Feet: $128.71
Water: Public
Date Listed: 2025-06-13 00:00:00
Pets: Size Limit, Yes
Sewer: Public Sewer
Lot Desc.: Buildable, Corner Lot, Curb And Gutters, City Limits, Level, Near Public Transit, Room For Pool, Sidewalk, Street Lights, Paved, Suburb, Wooded
Parcel ID: 2026100068
Amenities: Cable Tv, Fence Restrictions, Gated
Map of 1625 4Th Street, Sarasota, FL 34236
Listing Courtesy Of: Premier Sotheby's International Realty
frank.lambert@premiersir.com