$1,795,000
 $9,636 est/mo Sourced by Back At You

1469 5th St , SARASOTA, FL 34236

SARASOTA, FL 34236

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Description

One or more photo(s) has been virtually staged. Attention builders, developers and investors. A tremendous opportunity awaits on one of the last remaining parcels in the red-hot Rosemary District. Shovel-ready is the key - permits can be picked up in 30 days or less, and construction can begin immediately. Forget the two-year design and permitting process, it's done already. Plus this was the last project approved with 75 units per acre density which has now expired, and the density is now 40 units per acre. This magnificent contemporary design features two-bedroom, three-bedroom, and four-bedroom penthouse designs with walls of glass and a total of only seven residences, no commercial. This is the epitome of the boutique style of condominium living that everyone desires. Condominium lifestyle - but with only six other neighbors. Only two units per floor. Open kitchen/dining/living rooms and patios with outdoor kitchens and splash pools. With pricing from $1 million to $2.5 million, totaling a projected $12 million in sales. All units are absolutely perfect for a live/work/play, all-in-one lifestyle. A secure parking garage, the latest hurricane construction standards, and sleek contemporary designs create and add another architectural jewel to the Rosemary District. This project could be built in 12 months, and you can be off to your next project. There are 43 restaurants within three blocks, and there is also the new 53-acre Bay Sarasota Park only four blocks away, which highlights our precious Sarasota bayfront and all that Sarasota’s arts, shopping, and dining communities have to offer. Join us now and become a part of the Rosemary revolution. Ask us for the Proforma, and let us show you how you can possibly double your investment within 12 months.

Details

MLS#A4611530
Listing TypeFor Sale
Sub-TypeFor-sale
StatusPending
Days On Site264
Listing Provided ByPREMIER SOTHEBYS INTL REALTY | Frank Lambert

Features

ZoningDTE
Acreage0.11

Market Activity 34236

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of February 10, 2025 at 12:24:32 PM PST 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. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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StateFL
CountySarasota
CitySARASOTA
Zip Code34236
Area34236 Sarasota
SubareaNot Applicable
Community NameCOLLAGE ON 5TH CONDOMINIUM
School DistrictBooker High
Elementary SchoolAlta Vista Elementary
Middle SchoolBooker Middle
High SchoolBooker High
Listing VS Median (in COLLAGE ON 5TH CONDOMINIUM)
Price:
$1,795,000
low | high
Med:
$0
On Site:
264
low | high
Med:
Sourced by Back At You
Listing Updated: February 4, 2025 at 1:32:04 PM PST