$5,990,000
$2M PRICE DROP

Estimated payment $37,120/month

Total Views 7,646
1.42 Acres
$4,218,310 Price per Acre
61,855 Sq Ft Lot

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

Frank Lambert

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0345242 Listed on: 06/13/2025

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

  • $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

Property Details

Property Type

Land

Est. Annual Taxes

$44,112

Lot Details

1.42 Acres

HOA Fees

$995 per month

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Sewer, Trash, Water
  • Property Type: Land
  • Lot Size Acres: 1.42
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 62146
  • Number Of Lots: 1
  • Status: Active
  • Co List Office Mls Id: MFR281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Fee Simple
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: S Tamiami Trl
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 96.39
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Planned Unit Development Yn: 1
  • Attribution Contact: 941-364-4000
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: City Street
  • View: City
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0133G
  • Easements: Subject to Easement

Utilities

  • Utilities: BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Phone Available, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community - No Guard, No Truck/RV/Motorcycle Parking, Sidewalks, Street Lights
  • Association Amenities: Cable TV, Fence Restrictions, Gated
  • Association Fee: 995
  • Association Fee Frequency: Monthly
  • Association Name: TBD
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Pet Size: Large (61-100 Lbs.)

Fee Information

  • Total Annual Fees: 11940.00
  • Total Monthly Fees: 995.00
  • Monthly HOA Amount: 995.00

Schools

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

Lot Info

  • Zoning: DTN, DTE
  • Parcel Number: 2026100068
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Boundary Fencing, Chain Link
  • Lot Features: Buildable, Corner Lot, Curb and Gutters, City Limits, Level, Near Public Transit, Room For Pool, Sidewalk, Street Lights, Paved, Suburb, Wooded
  • Lot Dimensions: 217x306
  • Flood Zone Code: X
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Terms Of Lease: Gross Lease

Tax Info

  • Tax Annual Amount: 44112
  • Tax Block: K
  • Tax Book Number: 1-47
  • Tax Lot: 1

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $41,722 $2,732,900 $2,065,600 $667,300
2024 $36,624 $2,554,400 $1,860,900 $693,500
2023 $36,624 $2,432,300 $1,806,100 $626,200
2022 $23,793 $1,979,500 $1,802,500 $177,000
2021 $21,740 $1,672,700 $1,335,000 $337,700
2020 $540 $1,029,700 $729,800 $299,900
2019 $1,154 $1,069,700 $767,000 $302,700
2018 $601 $1,372,200 $1,042,800 $329,400
2017 $601 $1,033,626 $0 $0
2016 $616 $1,221,600 $861,100 $360,500
2015 $616 $1,035,000 $748,900 $286,100
2014 $616 $705,980 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

About the Listing Agent

Frank Lambert

PREMIER SOTHEBY'S INTERNATIONAL REALTY

(941) 207-4565

Section Image

Frank Cameron Lambert, a broker associate with the Downtown Sarasota office of Premier Sotheby's International Realty, is an award-winning developer with a career that spans four decades and several states. His personal motto is just like that of Sotheby's International Realty®: Artfully Uniting Extraordinary Homes with Extraordinary Lives.

Originally from Springfield, Ohio, Frank studied architectural engineering at Purdue University in Indianapolis, Indiana, and founded his own

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  • 430 Kumquat Ct Unit 504, Sarasota, FL 34236

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Source: Stellar MLS

MLS Number: A4655859

Stellar MLS

APN: 2026-10-0068

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