About 1625 4th Street
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.
Features of 1625 4th Street
| MLS® # | A4655859 |
|---|---|
| Price | $7,995,000 |
| Bathrooms | 0.00 |
| Acres | 1.42 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
| HOA Fees | $995 |
| HOA Fees Freq. | Monthly |
| Has CDD | N |
| Property Taxes | $44,112 |
Pets Information
| # Of Pets | 2 |
|---|---|
| Pets Allowed | Size Limit, Yes |
| Pet Size | Large (61-100 Lbs.) |
Community Information
| Address | 1625 4th Street |
|---|---|
| Area | Sarasota |
| Subdivision | WALPOLE FRANK A |
| City | SARASOTA |
| County | Sarasota |
| State | FL |
| Zip Code | 34236 |
Amenities
| Amenities | Cable TV, Fence Restrictions, Gated |
|---|---|
| View | City |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Buildable, Corner Lot, Curb and Gutters, City Limits, Level, Near Public Transit, Room For Pool, Sidewalk, Street Lights, Paved, Suburb, Wooded |
|---|
School Information
| Elementary | Alta Vista Elementary |
|---|---|
| Middle | Booker Middle |
| High | Booker High |
Additional Information
| Date Listed | June 13th, 2025 |
|---|---|
| Days on Market | 26 |
| Zoning | DTN, DTE |
| Maintenance Includes | Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Sewer, Trash, Water |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | PREMIER SOTHEBY'S INTERNATIONAL REALTY |
|---|