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Lot/land
  • Price increase: $2M (6/25)
    $7,999,000

    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 elevatorsIlluminated open floor plans
    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.
    408 days
    |
    63
    |
    2
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    Zillow last checked:

    Listing updated:

    Listed 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#: A4655859MLS LogoOriginating MLS: Sarasota - Manatee

      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
      • Pet fee: $0 monthly
      • Subdivision: ORANGE ONE
      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
      Location
      • Region: Sarasota

      Financial & listing details

      • Annual tax amount: $44,112
      • Date on market: 6/13/2025
      • Cumulative days on market: 409 days
      • 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

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/25/2026Price change$7,999,000+33.5%
        Source: Stellar MLS #A4655859 Report a problem
        7/18/2025Price change$5,990,000-25.1%
        Source: Stellar MLS #A4655859 Report a problem
        6/13/2025Listed for sale$7,995,000
        Source: Stellar MLS #A4655859 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Original Gillespie Park

        Getting around

        92 / 100
        Walker's Paradise
        47 / 100
        Some Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Alta Vista Elementary
        • Middle: Booker Middle
        • High: Booker High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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