Property
$5,990,0001.42 Acres
For Sale
For Sale
$5,990,0001.42 Acres
For Sale

1625 4th Street, Sarasota, FL 34236 - Sarasota County

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Property ID 23891640

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WALPOLE FRANK A

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.

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Premier Sotheby's International Realty

Sarasota, FL

(941) 920-1500
Listing provided by
Frank Lambert
Premier Sotheby's International Realty(941) 920-1500
Source: Sotheby's, MLS# A4655859
Listing last updated: October 12, 2025 at 4:57 AM
Listing last checked: December 1, 2025 at 11:30 AM
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Frank Lambert

Premier Sotheby's International Realty
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Is this your property? Sell it faster with premium placement and targeted ads.

Frank Lambert

Premier Sotheby's International Realty