Views - Seller Financing
Address
1625 4th Street, SARASOTA, FL
Price
$ 7,999,000
Property Attributes
  • MLS#A4655859
  • TypeLand
  • Listing Status Pending
  • CountySarasota
  • CitySARASOTA
  • AreaSarasota
  • NeighborhoodORANGE ONE
  • Zip34236
  • Style
  • Taxes$ 44112
  • Price$ 7,999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.42 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. 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.

Elementary School Middle School High School
Alta Vista Elementary Elementary School Booker Middle Middle School Booker High High School
Price History
12/19/2025 Listed $5,990,000
6/25/2026 34$7,999,000

General Features

Sewer Public Sewer
Utilities 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
Possession Negotiable
Zoning DTN, DTE
HOA Fee 995
Association Fee Includes Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Manager,Pest Control,Pool Maintenance,Sewer,Trash,Water
Pets Allowed Size Limit,Yes
View City
Tax Year 2024
Current Use Residential
Ownership Fee Simple
Community Features Deed Restrictions,Gated Community - No Guard,No Truck/RV/Motorcycle Parking,Sidewalks
Assoc Fee Paid Per Monthly
County Sarasota
Property Type Land
Association Amenities Cable TV,Fence Restrictions,Gated
Subdivision Name ORANGE ONE
Facing Direction West
Status Pending
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.
High School Booker High
City SARASOTA
Association Name TBD
MLS Area 34236 - Sarasota
Lot Size Units Acres
Lot Size Square Feet 62146
Listing Terms Cash,Conventional,Owner May Carry
Elementary School Alta Vista Elementary
Tax Annual Amount 44112
Middle/Junior High School Booker Middle
Ok to Lease 12 Months
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4655859
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Tax Lot 1
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
Pet Size Limit Large (61-100 Lbs.)
Water Access Y/N false
Monthly HOA Amount 995
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Yes

Exterior Features

Vegetation Mature Landscaping,Trees
Fencing Boundary Fencing,Chain Link
Lot Features Buildable,Corner Lot,Curb and Gutters,City Lot,Level,Near Public Transit,Room For Pool,Sidewalk,Street Lights,Suburb,Wooded
Water Source Public
Lot Size Area 1.4267
Lot Dimensions 217 x 306
Lot Size Acres 1.42
Road Surface Type Paved,Asphalt
Waterfront Y/N false
Road Frontage Type Street Lights,Street Paved,City Street
Number of Lots 1
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34236

Price
AVG $3.13M
$8M
Taxes
AVG $24,158
$44,112