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1625 4TH STREET

Lots/Land For Sale
$5,990,000

BTC: 97.55700326

ETH: 3,430.69873998

-$2M (2025/07/18)
358 days
0 room(s)

Overview

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

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
1.42 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$995

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,000,000
$1.6M – $7.8M
Confidence Low
List vs. estimate
$2.0M above estimate
List $5,990,000 · +49.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$44,112
2024
HOA
$995/mo
Escrow Reserves Fund, Insurance, Maintenance Structure
View
City
Pets
Allowed
All facts and features
  • Lot

    • Lot: 1.42 Acres

    Other Property Information

    • Parcel Number: 2026100068

    • Zoning: DTN, DTE

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • BB/HS Internet Capable

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Fire Hydrant

    • Phone Available

    • Sewer Available

    • Sewer Connected

    • Street Lights

    • Water - Multiple Meters

    • Water Available

    • Water Connected

  • Other financial information

    • HOA: $995

    • HOA Frequency: Monthly

    • Annual tax amount: $44,112

  • Source details

    • MLS ID: A4655859

    Other facts

    • Lot Features: Buildable / Corner Lot / Curb and Gutters / City Lot / Level / Near Public Transit / Room For Pool / Sidewalk / Street Lights / Suburb / Wooded

    • Direction Faces: West

    • Water Source: Public

    • Lot Size Dimensions: 217 x 306

    • Subdivision Name: ORANGE ONE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREMIER SOTHEBY'S INTERNATIONAL REALTY