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$5,990,000

  • For Sale
  • Active
  • Lots/Land
  • 1.42 Acres
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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.

Full Property Details for 1625 4th St

General

  • Price: $5,990,000
  • HOA FEE: $995/month
  • Taxes: $44,112 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4655859
  • Updated: 8/19/2025
  • Added to Site: 218 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Additional Information

  • Shared Amenities: Cable TV, Fence Restrictions, Gated

Location

  • Area: 34236 - Sarasota
  • County: Sarasota
  • Development Name: 34236 - Sarasota
  • Subdivision: ORANGE ONE
  • Driving 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.
  • Direction Faces: West

School Information

  • Elementary School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High

Community

  • Community Name: 34236 - Sarasota
  • Community Features: Deed Restrictions, Gated Community - No Guard, No Truck/RV/Motorcycle Parking, Sidewalks
  • Optional Amenities: Cable TV, Fence Restrictions, Gated
  • Association: Yes
  • Assoc. Name: TBD
  • Assoc. Fees Include: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Number of Pets: 2

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, BB/HS Internet Capable, Cable TV Available, Cable Connected, Electricity Available, Fire Hydrant, Phone Available, Sewer Available, Sewer Connected, Street Lights, Water - Multiple Met

Structural Information

  • Current Bldg. Use: Residential

Lot Features

  • Property View: City
  • Lot Size (Acres): 1.42
  • Lot Size (Sq. Ft.): 62,146
  • Lot Size: 1.4267
  • Lot Dimensions: 217 x 306
  • Frontage: Street Lights, Street Paved, City Street
  • Street/Road Desc.: Paved, Asphalt
  • Fencing (Description): Boundary Fencing, Chain Link

Financial Considerations

  • Price Per Acre: $4,218,310
  • Association Fee: $995
  • Assoc Fee Freq.: Monthly
  • Assoc Fee Desc.: Required
  • Tax Amount: $44,112
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • 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
  • Flood Zone Info: X
  • APN: 2026100068
  • Property ID: 2026100068
  • Block/Lot/Section: K

Listed by Premier Sotheby's International Realty

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— 1625 4th St —

  • Premier Sotheby's International Realty

  • Premier Sotheby's International Realty

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1625 4th St

School District:Sarasota County School District
NameGradesDistance
Alta Vista Elementary School, Sarasota, FL
1050 South Euclid Avenue, Sarasota, FL 34237
PK-51.5 mi
Booker Middle School
2250 Myrtle Street, Sarasota, FL 34234
6-82.1 mi
Booker High School
3201 North Orange Avenue, Sarasota, FL 34234
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1625 4th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/18/2025
Price Reduced
$5,990,000
-25.08%
MLS
6/13/2025
Listed
$7,995,000
140.45%
MLS
6/14/2022
Sold
$3,325,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1625 4th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$38,272
4%
$2,554,400
5%
2023
$36,624
54%
$2,432,300
23%
2022
$23,793
9%
$1,979,500
18%
2021
$21,740
—
$1,672,700
62%
2021
$21,740
1784%
$1,029,700
-4%
2019
$1,154
92%
$1,069,700
-6%
2018
$601
—
$1,136,989
-17%
2017
$601
-2%
$1,375,000
13%
2016
$616
—
$1,221,600
43%
2015
$616
—
$854,236
10%
2014
$616
—
$776,578
10%
2013
$616
—
$705,980
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Premier Sotheby's International Realty

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1625 4th Street, Sarasota, FL 34236 (MLS# A4655859) is a Lots/Land property with a lot size of 1.42 acres. 1625 4th Street is currently listed for $5,990,000 and was received on June 13, 2025. Want to learn more about 1625 4th Street? Do you have questions about finding other Lots/Land real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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