FL
Sarasota
SARASOTA
34236
1469 5TH STREET
1469 5TH STREET, SARASOTA, FL 34236
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Listing Type
Lots/Land
Listing Status
active
13
$1,695,000

Home Details for 1469 5TH STREET

Price
$1,695,000
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.11
County
Sarasota
Garage
Days on site
102
MLS Listing#
A4655867
Property Description

One or more photo(s) has been virtually staged. Shovel-Ready Opportunity in the Heart of Downtown Sarasota Rare Rosemary District Parcel with Approved Plans & Density Advantage Attention developers, builders, and savvy investors: this is your exclusive chance to secure one of the last remaining buildable parcels in Sarasota’s eclectic Rosemary District. Located just moments from the 53-acre Bay Sarasota Park and surrounded by 65 restaurants within a six-block radius, this property is ideally positioned for luxury residential development in one of the region’s most walkable, culturally vibrant neighborhoods. What sets this project apart? Time and density. · Shovel-ready: Permits can be issued in under 30 days—skip the 24-month design and entitlement delay. · Legacy Density Advantage: Approved under the prior 75-units-per-acre zoning—grandfathered in just before the downshift to 40 units per acre. The approved plans call for a boutique, ultra-contemporary building with just seven exclusive residences, no commercial component. Design highlights include: · Expansive 2-, 3-, and 4-bedroom penthouse-style floor plans · Floor-to-ceiling walls of glass · Private outdoor kitchens and splash pools · Only two units per floor, offering maximum privacy · Secure garage parking · Built to the latest hurricane construction standards This is the condominium lifestyle reimagined—intimate, modern, and crafted for discerning buyers who value privacy, walkability, and architectural distinction. With projected pricing from $1 million to $3 million, this build-out targets $14,515,600 million in gross sales, and the entire project could be completed in as little as 12 months. Whether you’re seeking a quick and elegant exit strategy or aiming to leave a legacy in Sarasota’s architectural landscape, this project is a rare gem in one of Florida’s most dynamic downtown corridors. Pro forma available upon request. Seize the opportunity to double your investment and be part of the Rosemary District’s next success story.

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Property Features
  • Water Features
    • None
School Information
School Information for 1469 5TH STREET, SARASOTA, FL 34236
Elementary School
Alta Vista Elementary
Middle School
Booker Middle
High School
Booker High
Listing Courtesy: PREMIER SOTHEBY'S INTERNATIONAL REALTY - 941-364-4000
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by 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. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-06-13 23:30:59
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EXIT KING REALTY
3900 Clark Rd. Unit H3-H4, Sarasota, FL 34233
Office
941 497 6060
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