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 in under 30 days. No red tape. No waiting. 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.
Lot/land
$7,995,000
1625 4th St LOT 1, Sarasota, FL 34236
--beds
0baths
1.43Acres
Unimproved Land
Built in ----
1.43 Acres Lot
$-- Zestimate®
$--/sqft
$995/mo HOA
What's special
Separate guest casitasPremium designer finishesCurated architectural touchesPrivate two-car garagesIn-unit elevators
- 33 days
- on Zillow |
- 130 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 02:54pm
Listing Provided by:
Frank Lambert 941-920-1500,
PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000,
Anita Lambert 941-920-1501,
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Source: Stellar MLS,MLS#: A4655859
Originating MLS: Sarasota - Manatee

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Features
- Fencing: Boundary Fencing,Chain Link
- Has view: Yes
- View description: City
Lot
- Size: 1.43 Acres
- Dimensions: 217 x 306
- Features: Buildable, Corner Lot, Curb and Gutters, City Lot, Level, Near Public Transit, Room For Pool, Sidewalk, Street Lights, Suburb, Wooded
- Residential vegetation: Mature Landscaping, Trees
Details
- Parcel number: 2026100068
- Zoning: DTN, DTE
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: 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
Community & HOA
Community
- Features: Deed Restrictions, Gated Community - No Guard, No Truck/RV/Motorcycle Parking, Sidewalks
- Subdivision: WALPOLE FRANK A
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Fence Restrictions, Gated
- Services included: Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
- HOA fee: $995 monthly
- HOA name: TBD
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Annual tax amount: $44,112
- Date on market: 6/13/2025
- Listing terms: Cash,Conventional,Owner May Carry
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
- Loading