$1,795,000
PENDING

1469 5th St Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated payment $11,499/month

Total Views 129
0.11 Acre
$16,318,182 Price per Acre
5,194 Sq Ft Lot

Highlights

  • No HOA
  • Booker High School Rated A-
  • Mature Landscaping

About This Lot

One or more photo(s) has been virtually staged. Attention builders, developers and investors. A tremendous opportunity awaits on one of the last remaining parcels in the red-hot Rosemary District. Shovel-ready is the key – permits can be picked up in 30 days or less, and construction can begin immediately. Forget the two-year design and permitting process, it's done already. Plus this was the last project approved with 75 units per acre density which has now expired, and the density is now 40 units per acre. This magnificent contemporary design features two-bedroom, three-bedroom, and four-bedroom penthouse designs with walls of glass and a total of only seven residences, no commercial. This is the epitome of the boutique style of condominium living that everyone desires. Condominium lifestyle – but with only six other neighbors. Only two units per floor. Open kitchen/dining/living rooms and patios with outdoor kitchens and splash pools. With pricing from $1 million to $2.5 million, totaling a projected $12 million in sales. All units are absolutely perfect for a live/work/play, all-in-one lifestyle. A secure parking garage, the latest hurricane construction standards, and sleek contemporary designs create and add another architectural jewel to the Rosemary District. This project could be built in 12 months, and you can be off to your next project. There are 43 restaurants within three blocks, and there is also the new 53-acre Bay Sarasota Park only four blocks away, which highlights our precious Sarasota bayfront and all that Sarasota’s arts, shopping, and dining communities have to offer. Join us now and become a part of the Rosemary revolution. Ask us for the Proforma, and let us show you how you can possibly double your investment within 12 months.

Listing Agent

Frank Lambert

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0345242

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listing Agent

Anita Lambert

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0476634

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,000

Year Built

  • 1930

Lot Details

  • 5,194 Sq Ft Lot
  • Lot Dimensions are 49x106
  • South Facing Home
  • Chain Link Fence
  • Mature Landscaping
  • Property is zoned DTE

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Community Details

  • No Home Owners Association
  • Collage On 5Th Condominium Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2026117001

Property Details

Property Type

Land

Est. Annual Taxes

$18,000

Year Built

1930

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 5194
  • Number Of Lots: 1
  • Directions to Property: FROM I75 SOUTH, TAKE FRUITVILLE ROAD EXIT INTO DOWNTOWN; CROSS 301/WASHINGTON BLVD, TURN RIGHT/NORTH ON LEMON AVE., LEFT ON 5TH ST. PROPERTY IS ON RIGHT BEHIND CHAIN LINK FENCING.
  • Status: Pending
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Fee Simple
  • Escrow City: Sarasota
  • Escrow Postal Code: 34239
  • Escrow State: FL
  • Escrow Street Name: S Tamiami Trl
  • Escrow Street Number: 3700
  • List Office Head Office Key Nume: 537903989
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 345.59
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • AG Exemption YN: 0
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built: 1930

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1469

Exterior Features

  • Direction Faces: South
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0133F
  • Price Per Acre: 16318182

Utilities

  • Utilities: Electrical Nearby, Public, Utility Pole
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0
  • Pet Restrictions: SEE RESTRICTIONS
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTE
  • Parcel Number: 2026117001
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Chain Link
  • Lot Features: Central Business District, Paved
  • Lot Dimensions: 49x106
  • Flood Zone Code: X
  • Lot Size Square Meters: 483
  • Current Adjacent Use: Commercial

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 18000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,413 $101,000 $101,000 --
2023 $1,413 $96,000 $96,000 $0
2022 -- -- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $1,795,000 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: A4611530

Stellar MLS

APN: 2026-11-7001

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1469 5th St, Sarasota, FL

Homes for Sale in Sarasota, FL

This home is located at 1469 5th St, Sarasota, FL 34236 and is currently priced at $1,795,000. This property was built in 1930. 1469 5th St is a home located in Sarasota County with nearby schools including Alta Vista Elementary School, Booker Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Frank Lambert
Listing Agent
Frank Lambert
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PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 352-9530