1625 4TH ST, Sarasota, FL 34236 - MLS#A4655859 - Alina Pekarsky

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Alina Pekarsky

alina@vhrfl.com +1(386) 569-5383

$5,990,000

Est. payment - /mo

1.42 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Orange One

MLS Listing ID A4655859

HOA Fees $995/mo

HOA Y/N Yes

Annual Recurring Fee 11940.0

Annual Tax Amount $44,112

Lot Size 1.420 Acres

Acres 1.42

Lot Dimensions 217x306

Property Sub-Type Residential

Source Stellar MLS

Property Description

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.

Location

State FL

County Sarasota

Community Orange One

Area 34236 - Sarasota

Zoning DTN, DTE

Exterior

Fence Boundary Fencing, Chain Link

Community Features Deed Restrictions, Gated Community - No Guard, No Truck/RV/Motorcycle Parking, Sidewalks, Street Lights

Utilities Available 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

Amenities Available Cable TV, Fence Restrictions, Gated

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Building

Lot Description Buildable, Corner Lot, Curb and Gutters, City Limits, Level, Near Public Transit, Room For Pool, Sidewalk, Street Lights, Paved, Suburb, Wooded

Lot Size Range 1 to less than 2

Sewer Public Sewer

Water Public

Schools

Elementary Schools Alta Vista Elementary

Middle Schools Booker Middle

High Schools Booker High

Others

Pets Allowed Size Limit, Yes

HOA Fee Include Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Pool,Sewer,Trash,Water

Pet Size Large (61-100 Lbs.)

Ownership Fee Simple

Monthly Total Fees $995

Acceptable Financing Cash, Conventional, Owner Financing

Membership Fee Required Required

Listing Terms Cash, Conventional, Owner Financing

Num of Pet 2

Special Listing Condition None

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Listed by Frank Lambert PREMIER SOTHEBY'S INTERNATIONAL REALTY

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Alina Pekarsky

+1(386) 569-5383

Broker | BKBK3118291

Broker BKBK3118291

1625 4TH ST Sarasota, FL 34236

Alina Pekarsky

Key Details

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Exterior

Building

Schools

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