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1625 4th St 1.42 Acres of Commercial Land Offered at $5,990,000 in Sarasota, FL 34236
INVESTMENT HIGHLIGHTS
- Eclectic downtown Rosemary District 2 blocks from Whole Foods, Farmers Market, 65 restaurants, theater, opera, galleries, etc.
EXECUTIVE SUMMARY
Shovel-Ready Luxury Development in the Heart of Sarasota Refined Urban Living | Rosemary District | $57M+ Projected Sales EXPERIENCE THE BEST OF DOWNTOWN SARASOTA A true 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 6 block radius. What makes this project unmissable? Two words: Time & Density. · Shovel-Ready: Permits in under 30 days. No red tape. No waiting. Approved plans feature a boutique, contemporary mixed-use masterpiece combining: · 10 Designer Condominium Residences · 10 Tri-Level Townhomes with private garages and elevators · 10 Luxury Retail Suites with soaring storefronts --- Design & Lifestyle Highlights: · Private gated enclave with individual entrances · Expansive 4-bedroom, 3.5-bathroom 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 · Total projected revenue: $57,220,000 · Construction timeline: as little as 24 months · Ideal for capital rotation, high-margin resale, or portfolio legacy --- The Ultimate Urban Lifestyle Positioned 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.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $5,990,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.42 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $5,990,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.42 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $5,990,000 | Lot Size | 1.42 AC |
| Price Per AC | $4,218,309.86 |
| Price | $5,990,000 |
| Price Per AC | $4,218,309.86 |
| Lot Size | 1.42 AC |
Shovel-ready mixed-use lot in Sarasota’s Rosemary District. Approved for 30 luxury units with permits in 30 days. Projected $57M+ sales. Prime location near The Bay Park, walkable dining, and culture. Rare, high-yield development opportunity.
DESCRIPTION
Shovel-ready mixed-use lot in Sarasota’s Rosemary District. Approved for 30 luxury units with permits in 30 days. Projected $57M+ sales. Prime location near The Bay Park, walkable dining, and culture. Rare, high-yield development opportunity.
1 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (73)
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1625 4th St
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