- – beds
- – baths
- – sqft
- ~1 acre lot
- – on site
Shovel-Ready Luxury Development in the Heart of Sarasota Refined Urban Living | Rosemary District | $57M+ Projected Sales EXPERIENCE THE BEST OF DOWNTOWN SARASOTA A true 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 6 block radius. What makes this project unmissable? Two words: Time & Density. · Shovel-Ready: Permits in under 30 days. No red tape. No waiting. Approved plans feature a boutique, contemporary mixed-use masterpiece combining: · 10 Designer Condominium Residences · 10 Tri-Level Townhomes with private garages and elevators · 10 Luxury Retail Suites with soaring storefronts --- Design & Lifestyle Highlights: · Private gated enclave with individual entrances · Expansive 4-bedroom, 3.5-bathroom 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 · Total projected revenue: $57,220,000 · Construction timeline: as little as 24 months · Ideal for capital rotation, high-margin resale, or portfolio legacy --- The Ultimate Urban Lifestyle Positioned 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.
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Last updated Jun 14, 2025
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MLS# A4655859 —
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:FROM I75 SOUTH, TAKE FRUITVILLE ROAD EXIT INTO DOWNTOWN; CROSS 301/WASHINGTON BLVD, TURN RIGHT/NORTH ON ORANGE AVE. PROJECT IS AT THE CORNER OF ORANGE AVE and 4TH STREET ON RIGHT. CURRENT STRUCTURES BEHIND CHAIN LINK FENCING TO BE DEMOLISHED.
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Latitude:27.340031
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Longitude:-82.538104
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Coordinates:-82.538104, 27.340031
The Property
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Parcel Number:2026100068
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Property Type:Land
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Lot Features:Buildable
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Lot Size Acres:1.42
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Lot Size Area:1.4267
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Lot Size SqFt:62146
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Lot Size Dimensions:217 x 306
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Lot Size Units:Acres
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Total Acres:1 to less than 2
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Zoning:DTN, DTE
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Current Use:Residential
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Direction Faces:West
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View:City
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View:true
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Fencing:Boundary Fencing
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Vegetation:Mature Landscaping
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Water Source:Public
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Road Responsibility:Public Maintained Road
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Road Surface Type:Paved
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Road Frontage Type:Street Lights
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Flood Zone Code:X
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Flood Zone Panel:12115C0133G
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Additional Parcels:false
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Price Per Acre:5630282
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Easements:Subject to Easement
Listing Agent
- Contact info:
- Agent phone:
- (941) 920-1500
- Office phone:
- (941) 364-4000
Taxes
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Tax Year:2024
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Tax Lot:1
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Tax Block:K
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Tax Legal Description:LOTS 1, 2, 3 & 4, FRANK A WALPOLES SUB OF LOT 2, BLK K, PLAT OF SARASOTA, ALSO LOTS 3, 5 & S 4 FT OF LOT 1, RESUB OF LOTS 13 & 14 OF LOT 3, BLK K, & LOTS 1 THRU 4, BLK 5, CENTRAL PARK NO 1, ALSO LOTS 1 & 2, HOWARD COURT, ALSO SW 1/4 OF ORIGINAL LOT 1 LESS N 80 FT THEREOF & S 50 FT OF E1/2 OF ORIGINAL LOT 1, ALL IN BLK K, PLAT OF SARASOTA, OR 1749/1633 OR 1746/210 OR 2537/312 OR 2534/1272 OR 2508/547 OR 3039/1149 OR 3004/1500 OR 3004/1501 BEING SAME LANDS AS DESC IN ORI 2022103598
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Tax Book Number:1-47
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Tax Annual Amount:$44,112
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/A4655859
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Special Listing Conditions:None
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Schools
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Elementary School:Alta Vista Elementary
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Middle Or Junior School:Booker Middle
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High School:Booker High
The Community
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Subdivision Name:WALPOLE FRANK A
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Community Features:Deed Restrictions
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Waterview:false
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Water Access:false
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Waterfront:false
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Pets Allowed:Size Limit
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# of Pets:2
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Association Amenities:Cable TV
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Association:true
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Association Fee:995
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Association Fee Frequency:Monthly
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Association Fee Includes:Escrow Reserves Fund
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Association Fee Requirement:Required
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Monthly HOA Amount:995
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Ownership:Fee Simple
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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6/13/25
Jun 13, 2025
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Listed / Active | STELLAR_MLS | $7,995,000 | 140.5% (47.1% / YR) |
6/21/22
Jun 21, 2022
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STELLAR_MLS | $3,325,000 | -7.6% | |
11/17/21
Nov 17, 2021
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STELLAR_MLS | $3,600,000 |