1469 5TH STREET Sarasota, FL 34236
- Added:
- Jun 6, 2025
- Days on Market:
- 325
- Last Refresh:
- Apr 26 at 5:06 am
Property Features for 1469 5TH STREET
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- DTE
- Pets allowed
- Yes
- Exterior features
- Paved, Fencing
- Fencing
- Fenced
- Standard status
- Pending
- APN
- 2026117001
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 18000
Building Details
- Architectural style
- Other
Listing agent Frank Lambert License #0345242 (941) 920-1500
Listing office PREMIER SOTHEBY'S INTERNATIONAL REALTY 50 Central Ave Suite 110, Naples, FL (941) 364-4000
Listing date Jun 6, 2025
MLS# A4655867
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Prime Land in Rosemary District
Located in the heart of Downtown Sarasota, this rare parcel in the Rosemary District presents a shovel-ready opportunity. The property has approved plans and a density advantage, making it an attractive prospect for developers, builders, and investors. Situated moments from the 53-acre Bay Sarasota Park and surrounded by 65 restaurants within a six-block radius, its location is ideal for luxury residential development. The approved plans allow for a boutique, ultra-contemporary building with seven exclusive residences, featuring expansive 2-, 3-, and 4-bedroom penthouse-style floor plans, floor-to-ceiling walls of glass, and private outdoor kitchens and splash pools. The design includes only two units per floor for maximum privacy and secure garage parking. Built to the latest hurricane construction standards, the project targets discerning buyers who value privacy, walkability, and architectural distinction. The 0.11-acre parcel benefits from a legacy density advantage, approved under the prior 75-units-per-acre zoning. Permits can be issued in under 30 days, skipping the typical 24-month design and entitlement delay. The intended use is luxury residential development, with projected pricing from $1 million to $3 million, targeting $14,515,600 in potential gross sales, and the entire project could be completed in as little as 12 months.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.541302
- Latitude
- 27.34069
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Shovel-ready land parcel approved for luxury residential development.
Where is this commercial land located?
The property is located at 1469 5TH STREET Sarasota, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Shovel‑ready: permits potentially issued in under 30 days.; Rare Rosemary District parcel: approved for 75 units per acre.; Approved plans for a boutique, ultra‑contemporary building with seven exclusive residences.
