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    1625 4Th St Sarasota, FL 34236

    For Sale
    $5,990,000

    Land - SARASOTA, FL

    Lot size:
    1.42 Acres
    Days on Market:
    118
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 1625 4Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    DTN, DTE
    APN
    2026100068
    Pets allowed
    Size Limit, Yes
    Exterior features
    Corner Lot, Level, Paved, Fencing
    Fencing
    Fenced
    Lot size
    1.42 Acres

    Taxes and HOA fees

    Expense value
    995
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    Premier Sotheby's International Realty (239) 403-2227 [email protected]

    Listing agent Frank Lambert (941) 364-4000 License #0345242

    Listing date Aug 19, 2025

    MLS# A4655859 Listing URL

    Copyright © 2025 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

    Sarasota Shovel-Ready Luxury Development Land

    This shovel-ready land is located in the Rosemary District of Sarasota. Approved plans feature a mixed-use development combining 10 condominium residences, 10 tri-level townhomes with private garages and elevators, and 10 luxury retail suites with storefronts. The development offers a private gated enclave with individual entrances, expansive four-bedroom, 3.5-bath layouts, separate guest casitas, open floor plans with floor-to-ceiling glass, alfresco terraces with grill-ready summer kitchens, a landscaped Zen-inspired pool oasis, and private two-car garages with in-unit elevators. Construction will adhere to hurricane standards, with premium designer finishes and architectural touches. The 1.42-acre parcel is located moments from the new 53-acre Bay Sarasota Park and surrounded by over 65 restaurants within a six-block radius. Projected sales are from $2.4M–$3M per unit with a total potential projected revenue of $57,220,000. Construction timeline is estimated at 24 months. The property is located near University Town Center, Sarasota Opera, Selby Gardens and Lido Beach.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Dental Office Spa & Massage Law Firm Hair Salon Realty agency Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.538104
    Latitude
    27.340031

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    FAQs

    What type of property is this?
    Mixed-use property - Buildable parcel in Rosemary District with approved mixed-use development plans.
    Where is this mixed-use property located?
    The property is located at 1625 4Th St Sarasota, FL.
    What is the asking price?
    The asking price for this property is $5,990,000.
    What are key features of this property?
    This property features: - Shovel-ready development with permits ready to issue, saving significant time and resources.; - Approved plans for a high-density, mixed-use project featuring 10 condos, 10 townhomes, and 10 retail suites.; - Located in Sarasota's Rosemary District, a vibrant and walkable area with over 65 restaurants within a six-block radius and close proximity to the new Bay Sarasota Park.
    (941) 364-4000
    Request Owner's contact information
    1625 4Th St Sarasota, FL 34236
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    Sarasota, FL 34236
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1625 4Th St Sarasota, FL 34236
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