1625 4th St Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated payment $48,594/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
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 |
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 |
|---|---|---|---|---|---|
| 06/25/2026 06/25/26 | Price Changed | $7,999,000 | +33.5% | -- | |
| 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 |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $3,325,000 | Norton Hammersley Lopez & Skok |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,840,000 | New Conventional |
About the Listing Agent
Frank & Anita Lambert — Sarasota’s Coastal Lifestyle Specialists
Artfully Uniting Extraordinary Homes with Extraordinary Lives
Frank and Anita Lambert are the dynamic husband-and-wife real estate team with Premier Sotheby’s International Realty’s Downtown Sarasota office, bringing a unique blend of design expertise, construction knowledge, and global perspective to every transaction.
Frank Lambert, REALTOR® and Broker Associate, has built a remarkable four-decade career as an
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Source: Stellar MLS
MLS Number: A4655859
APN: 2026-10-0068
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Ask me questions while you tour the home.