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
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on September 27, 2026 10:51 AM UTC The listing information on this page last changed on Last updated on September 27, 2026 10:51 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 27, 2026 10:51 AM UTC
The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other
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© 2026 Greater Alabama MLS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Numen Realty Advisors. Data last updated: September 27, 2026 10:29 AM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating