1625 4th St Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated payment $37,246/month
Highlights
- Gated Community
- City View
- Property is near public transit
- Booker High School Rated A-
- 1.42 Acre Lot
- Wooded Lot
About This Lot
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.
Listing Agent
PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0345242 Listed on: 06/13/2025
Co-Listing Agent
PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0476634
Property Details
Property Type
- Land
Est. Annual Taxes
- $44,112
Lot Details
- 1.42 Acre Lot
- Lot Dimensions are 217x306
- West Facing Home
- Chain Link Fence
- Mature Landscaping
- Corner Lot
- Level Lot
- Wooded Lot
- Property is zoned DTN, DTE
HOA Fees
- $995 Monthly HOA Fees
Schools
- Alta Vista Elementary School
- Booker Middle School
- Booker High School
Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- City Views
- Property is near public transit
Listing and Financial Details
- Legal Lot and Block 1 / K
- Assessor Parcel Number 2026100068
Community Details
Overview
- Association fees include escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, pool, sewer, trash, water
- Orange One Subdivision
- The community has rules related to deed restrictions, fencing, no truck, recreational vehicles, or motorcycle parking
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Price Changed | $5,990,000 | -25.1% | -- |
| 06/13/2025 06/13/25 | For Sale | $7,995,000 | +140.5% | -- |
| 06/21/2022 06/21/22 | Sold | $3,325,000 | 0.0% | $575 / Sq Ft |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- |
| 07/30/2021 07/30/21 | Off Market | $3,325,000 | -- | -- |
| 03/31/2020 03/31/20 | For Sale | $3,600,000 | -- | $622 / Sq Ft |
Source: Stellar MLS
MLS Number: A4655859
APN: 2026-10-0068
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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