Residential Land for Sale in Sarasota, Florida
1469 5th St Sarasota, FL 34236
One or more photo(s) has been virtually staged. Attention builders, developers and investors. A tremendous opportunity awaits on one of the last remaining parcels in the red-hot Rosemary District. Shovel-ready is the key - permits can be picked up in 30 days or less, and construction can begin immediately. Forget the two-year design and permitting process, it's done already. Plus this was the last project approved with 75 units per acre density which has now expired, and the density is now 40 units per acre. This magnificent contemporary design features two-bedroom, three-bedroom, and four-bedroom penthouse designs with walls of glass and a total of only seven residences, no commercial. This is the epitome of the boutique style of condominium living that everyone desires. Condominium lifestyle - but with only six other neighbors. Only two units per floor. Open kitchen/dining/living rooms and patios with outdoor kitchens and splash pools. With pricing from $1 million to $2.5 million, totaling a projected $12 million in sales. All units are absolutely perfect for a live/work/play, all-in-one lifestyle. A secure parking garage, the latest hurricane construction standards, and sleek contemporary designs create and add another architectural jewel to the Rosemary District. This project could be built in 12 months, and you can be off to your next project. There are 43 restaurants within three blocks, and there is also the new 53-acre Bay Sarasota Park only four blocks away, which highlights our precious Sarasota bayfront and all that Sarasota's arts, shopping, and dining communities have to offer. Join us now and become a part of the Rosemary revolution. Ask us for the Proforma, and let us show you how you can possibly double your investment within 12 months.
Directions
FROM I75 SOUTH, TAKE FRUITVILLE ROAD EXIT INTO DOWNTOWN; CROSS 301/WASHINGTON BLVD, TURN RIGHT/NORTH
ON LEMON AVE., LEFT ON 5TH ST. PROPERTY IS ON RIGHT BEHIND CHAIN LINK FENCING.
Property details
- County
- Sarasota County
- Community
- Collage On 5th Condominium
- Zoning
- DTE
- Elevation
- 20 feet
- MLS Number
- MFRMLS A4611530
- Date Posted
Legal description
UNIT 101, COLLAGE ON 5TH CONDOMINIUMUNIT 101, COLLAGE ON 5TH CONDOMINIUM; UNIT 201, COLLAGE ON 5TH CONDOMINIUM; UNIT 202,
COLLAGE ON 5TH CONDOMINIUM; UNIT 301, COLLAGE ON 5TH CONDOMINIUM, UNIT 302, COLLAGE ON 5TH
CONDOMINIUM; UNIT 401, COLLAGE ON 5TH CONDOMINIUM; UNIT 402, COLLAGE ON 5TH CONDOMINIUM
Parcels
- 2026117001
Property taxes
- 2023
- $18,000
Resources
Detailed attributes
Listing
- Type
- Land
- Franchise
- Sotheby's International Realty
Exterior
- Fencing
- Fenced
- Features
- Fencing, Paved
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Alta Vista Elementary | Elementary | — | — |
Booker Middle | Middle | — | — |
Booker High | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
May 22, 2024 | New listing | $1,795,000 | — | MFRMLS |