SARASOTA, FL 34236 1469 5TH STREET

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Presented By: PREMIER SOTHEBY'S INTERNATIONAL REALTY with 941-364-4000. - 941-364-4000
  • MLS# A4655867
  • 06/13/2025
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Home Details

One or more photo(s) has been virtually staged. Shovel-Ready Opportunity in the Heart of Downtown Sarasota Rare Rosemary District Parcel with Approved Plans & Density Advantage Attention developers, builders, and savvy investors: this is your exclusive chance to secure one of the last remaining buildable parcels in Sarasota’s eclectic Rosemary District. Located just moments from the 53-acre Bay Sarasota Park and surrounded by 65 restaurants within a six-block radius, this property is ideally positioned for luxury residential development in one of the region’s most walkable, culturally vibrant neighborhoods. What sets this project apart? Time and density. · Shovel-ready: Permits can be issued in under 30 days—skip the 24-month design and entitlement delay. · Legacy Density Advantage: Approved under the prior 75-units-per-acre zoning—grandfathered in just before the downshift to 40 units per acre. The approved plans call for a boutique, ultra-contemporary building with just seven exclusive residences, no commercial component. Design highlights include: · Expansive 2-, 3-, and 4-bedroom penthouse-style floor plans · Floor-to-ceiling walls of glass · Private outdoor kitchens and splash pools · Only two units per floor, offering maximum privacy · Secure garage parking · Built to the latest hurricane construction standards This is the condominium lifestyle reimagined—intimate, modern, and crafted for discerning buyers who value privacy, walkability, and architectural distinction. With projected pricing from $1 million to $3 million, this build-out targets $14,515,600 million in gross sales, and the entire project could be completed in as little as 12 months. Whether you’re seeking a quick and elegant exit strategy or aiming to leave a legacy in Sarasota’s architectural landscape, this project is a rare gem in one of Florida’s most dynamic downtown corridors. Pro forma available upon request. Seize the opportunity to double your investment and be part of the Rosemary District’s next success story.
Presented By: PREMIER SOTHEBY'S INTERNATIONAL REALTY with 941-364-4000. - 941-364-4000

Interior Features for 1469 5TH STREET

Bathrooms

Total Baths

General for 1469 5TH STREET

Additional Parcels Y/NNo
Building Area Unitssquare feet
Citysarasota
Countysarasota
Current Useresidential
Directionsfrom 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.
Elementary Schoolalta vista elementary
Facing Directionsouth
Flood Zone Codex
Flood Zone Code XY
HOANo
High Schoolbooker high
Legal Descriptionunit 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
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet5194
Lot Size Unitssquare feet
MLS Area34236 - sarasota
Middle/Junior High Schoolbooker middle
ModificationTimestamp2025-06-14t05:00:10.377z
Ownershipfee simple
Pet Size Limitextra large (101+ lbs.)
Pets Allowedyes
Property Typeland
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namecollage on 5th condominium
Tax Annual Amount18000
Tax Year2023
Utilitieselectrical nearby, public, utility pole
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Zoningdte

Exterior for 1469 5TH STREET

Fencingchain link
Lot Dimensions49 x 106
Lot Featurescentral business district
Lot Size Acres0.11
Lot Size Area5194
Number of Lots1
Road Frontage Typestreet paved
Road Responsibilitypublic maintained road
Road Surface Typepaved, asphalt
Vegetationmature landscaping
Water Sourcenone
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Booker Middle
High School Booker High
Elementary School Alta Vista Elementary

Jonathan Alsaka

Price $1,695,000
MLS#A4655867
List Date 06/13/2025
Property Type Land
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