Active

1625 4th Street

SARASOTA, FL 34236
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SqFt62,146

Sqft(Lot)

Acres1.42

Acres(Lot)

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 hi ghlights 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.

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Detail Ic Property Details

Property Type : Land

Price : $5,990,000

AD Id : 65347554

MLS Id : MFRA4655859

Lot Size : 1.42 Acres(Lot)

Living Area Size : 62,146

County : Sarasota

Subdivision: Walpole Frank A

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Feature Features

  • Water Source

    WaterSource: Public

  • Lot Information

    Lot Dimensions: 217x306 Lot Description: Buildable, Corner Lot, Curb and Gutters, City Limits, Level, Near Public Transit, Room For Pool, Sidewalk, Street Lights, Paved, Suburb, Wooded Lot Square Feet: 62146 Lot Acres: 1.42 Lot Size (SqMt): 5774

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$7995000

  • Tax Information

    Tax Block: K Tax Book Number: 1-47 Tax Lot: 1 Tax Legal Description: LOTS 1, 2, 3 & 4, FRANK A WALPOLES SUB OF LOT 2, BLK K, PLAT OF SARASOTA, ALSO LOTS 3, 5 & S 4 FT OF LOT 1, RESUB OF LOTS 13 & 14 OF LOT 3, BLK K, & LOTS 1 THRU 4, BLK 5, CENTRAL PARK NO 1, ALSO LOTS 1 & 2, HOWARD COURT, ALSO SW 1/4 OF ORIGINAL LOT 1 LESS N 80 FT THEREOF & S 50 FT OF E1/2 OF ORIGINAL LOT 1, ALL IN BLK K, PLAT OF SARASOTA, OR 1749/1633 OR 1746/210 OR 2537/312 OR 2534/1272 OR 2508/547 OR 3039/1149 OR 3004/1500 OR 3004/1501 BEING SAME LANDS AS DESC IN ORI 2022103598 Annual Tax: $44112 Tax Year: 2024 Parcel Number: 2026100068

  • Homeowners Association Information

    Included Fees: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Sewer, Trash, Water Included Amenities: Cable TV, Fence Restrictions, Gated HOA: $995.00 Monthly

  • School Information

    Elementary School: Alta Vista Elementary Junior High School: Booker Middle Senior High School: Booker High
  • Utility Information

    BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Phone Available, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: ORANGE ONE City: SARASOTA Direction: FROM I75 SOUTH, TAKE FRUITVILLE ROAD EXIT INTO DOWNTOWN; CROSS 301/WASHINGTON BLVD, TURN RIGHT/NORTH ON ORANGE AVE. PROJECT IS AT THE CORNER OF ORANGE AVE and 4TH STREET ON RIGHT. CURRENT STRUCTURES BEHIND CHAIN LINK FENCING TO BE DEMOLISHED.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1744 10th St, Sarasota, FL, 34236 $625,000 -- -- -- Acres (Lot)--
654 Lafayette Court, Sarasota, FL, 34236 $695,000 -- -- 7,120 0.16 Acre(Lot)
1923 5th Street, Sarasota, FL, 34236 $965,000 -- -- 10,500 0.24 Acre(Lot)
1930 Adams Lane, Sarasota, FL, 34236 $725,000 -- -- 5,000 0.11 Acre(Lot)
1703 Alta Vista Street, Sarasota, FL, 34236 $1,300,000 -- -- 8,800 0.20 Acre(Lot)
449 N Osprey Avenue, Sarasota, FL, 34236 $414,999 -- -- 5,042 0.12 Acre(Lot)
1744 10th Street, Sarasota, FL, 34236 $625,000 -- -- 6,800 0.16 Acre(Lot)
1721 8th Street, Sarasota, FL, 34236 $650,000 -- -- 9,200 0.21 Acre(Lot)
1705 6th Street, Sarasota, FL, 34236 $1,600,000 -- -- 12,077 0.28 Acre(Lot)
624 Goodrich Avenue, Sarasota, FL, 34236 $1,600,000 -- -- 10,388 0.24 Acre(Lot)
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ByOwner last updated this listing 06/11/2026 @ 06:20

MLS: MFRMLS #A4655859 LISTED BY: Frank Lambert, PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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