Mixed-Use Land for Sale in Sarasota, Florida
1625 4th St, Sarasota, FL 34236
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
- Street address
- 1625 4th St
- County
- Sarasota County
- Community
- Orange One
- Elevation
- 20 feet
Directions
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.
Property details
- Acreage
- 1.42 acres
- Zoning
- DTN, DTE
- MLS #
- MFRMLS A4655859
- Posted
Property taxes
- 2024
- $44,112
Expenses
- Home Owner Assessments Fee
- $995 monthly
Parcels
- 2026100068
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
Resources
Details and features
Listing
- Type
- Land
- Franchise
- Sotheby's International Realty
Exterior
- Fencing
- Fenced
- Features
- Corner Lot, Fencing, Level, Paved
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Alta Vista Elementary | Elementary | — | — |
| Booker Middle | Middle | — | — |
| Booker High | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 18, 2025 | Price drop | $5,990,000 | $2,005,000 -25.1% | MFRMLS |
| June 13, 2025 | New listing | $7,995,000 | — | MFRMLS |