- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes
$7,999,000
Monthly Est:$39,814
-- Bed
-- Bath
1.43acres lot
1625 4th Street, Sarasota, FL 34236
$7,999,000
$39,814/moEst:
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Land
Built in -
$995/mo HOA
1.43 acres lot
$5,593,706/acre
Description
Under contract-accepting backup offers. 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.
- Houzeo last checked: 12 minutes ago
- Listing updated: October 30, 2026 at 2:54 pm
- Listing Provided by: Frank Lambert (941) 920-1500 , Anita Lambert | PREMIER SOTHEBY'S INTERNATIONAL REALTY (941) 364-4000
- Source: Stellar MLS-FL as distributed by MLS GRID | MLS#: A4655859
Property Details
Status
Active Under Contract
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
$995/mo
Finished Area
- sqft
Lot Size
1.43 acres lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
A4655859
MLS Status
Pending
Days on Market
506
Cumulative Days on Market
468
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Location
HOA Management
TBD
HOA Fees
$995/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Security Gate
Pool
Cable TV
Pest Control
Insurance
Trash Pickup
Maintenance
Sewer
Water
Management
Escrow Reserves Fund
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Utilities & Energy
Association Amenities
Cable Tv, Fence Restrictions, Gated
Water Source
Public
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
Other Features
Subdivision Name
Orange One
Vegetation
Mature Landscaping, Wooded
Community Features
Deed Restrictions, Gated Community No Guard, No Truck/rv/motorcycle Parking, Sidewalks, Street Lights
Lot Features
Buildable, Corner Lot, Curb And Gutters, City Limits, Level, Near Public Transit, Room For Pool, Sidewalk, Street Lights, Paved, Suburb, Wooded
Price History
| Date | Event | Price |
|---|---|---|
06/25/2026 Source: | Contingent (Active Under Contract) | $7,999,000 +0.05% $0/sqft |
06/13/2025 Source: | Listed for Sale | $7,995,000 +33.47% $0/sqft |
06/13/2025 Source: | Price Increased | $5,990,000 +266122.22% $0/sqft |
09/12/2022 Source: | Listing Removed | $2,250 $0/sqft |
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Based on information from Stellar MLS® through Nov 02, 2026, 11:00AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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