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701 Cohen Way - COHEN ONE 0.31 Acres of Commercial Land Offered at $2,200,000 in Sarasota, FL 34236

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Investment Highlights

Permit-ready development site located in Sarasota’s Rosemary District.
Close proximity to downtown Sarasota, waterfront attractions, and beaches.
Exceptional opportunity in a rapidly growing, high-demand urban market.

Highly walkable neighborhood surrounded by shops, dining, and cultural venues.
Project concept focuses on modern design with spacious outdoor living.

Executive Summary

This rare shovel-ready development site offers a permit-ready opportunity in Sarasota’s vibrant Rosemary District, one of the city’s most sought-after urban neighborhoods. Priced at $2.2 million, the property spans approximately 0.31 acres and positions developers at the heart of a thriving live-work-play environment near downtown Sarasota.
The project is designed to meet growing demand for lifestyle-centric residences, featuring contemporary architecture, substantial outdoor spaces, and unparalleled walkability. Surrounding amenities include boutique retail, upscale dining, cultural attractions, and the arts district, making it highly attractive for millennial buyers and empty nesters seeking urban convenience and coastal living.
Developers will benefit from full permit approvals, streamlining the construction process and reducing lead time. The site’s proximity to major roadways, Sarasota Bay, and the Gulf beaches further enhances its long-term value proposition. With the Rosemary District experiencing rapid growth, this property represents a significant infill opportunity amid limited supply of premium parcels in the area.

Property Facts

Price	$2,200,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Mixed Use Multifamily Single Family Residence
No. Lots	1	Total Lot Size	0.31 AC
Property Type	Land
Zoning	DTE - Permit ready in approx 60 days. DTE zoning - Downtown Edge Zoning; 5 stories mixed use available; up to 40 units per acre

Price	$2,200,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use Multifamily Single Family Residence
Total Lot Size	0.31 AC
Zoning	DTE - Permit ready in approx 60 days. DTE zoning - Downtown Edge Zoning; 5 stories mixed use available; up to 40 units per acre

1 Lot Available

Lot

Price	$2,200,000	Lot Size	0.31 AC
Price Per AC	$7,096,774.19

Price	$2,200,000
Price Per AC	$7,096,774.19
Lot Size	0.31 AC

Description

701 Cohen Way comprises 0.31 acres in Sarasota, Florida, within the Rosemary District, an area characterized by mixed-use development and growing residential demand. The property is offered for sale as a permit-ready site with approvals in place for residential construction. Surrounding infrastructure includes local roads with connectivity to Downtown Sarasota, U.S. Route 41, and nearby cultural destinations such as theaters and arts centers. The parcel is situated near commercial amenities and is positioned within a neighborhood experiencing ongoing redevelopment and urban infill activity.

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