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Shovel-Ready Mixed-Use Development Land
For Sale
$5,990,000

1625 4th Street, Sarasota, FL 34236

Approved plans call for a boutique mixed-use community with luxury residences and retail suites in Sarasota’s Rosemary District.

Property SizeContact for details
Days on Market636

Property Features for 1625 4th Street

General Information

Standard status Active
Property subtype Land
Zoning DTN, DTE

Taxes and HOA fees

Annual Taxes $44,112

Amenities

No
Square Feet
Boundary Fencing, Chain Link
Mature Landscaping, Trees
Listing Agency: PREMIER SOTHEBYS INTL REALTY
Listed By: Frank Lambert · License #0345242
Source: Compass
Added: Dec 12, 2024 Changed: Sep 8 Last Checked: Mar 25 at 3:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PREMIER SOTHEBYS INTL REALTY

Investment Insights

Based on property information with market context.

This shovel-ready development site comes with approved plans and permits ready to issue for a boutique mixed-use project. The concept includes 10 designer condominium residences, 10 tri-level town homes with private garages and elevators, and 10 luxury retail suites with soaring storefronts. The design centers on a private gated enclave with individual entrances, illuminated open floor plans with floor-to-ceiling glass, and outdoor alfresco terraces designed for grill-ready summer kitchens. The overall plan also incorporates a Zen-inspired pool oasis and separately positioned guest casitas intended to support multi-generational living or additional income opportunities. The approved construction approach references the latest hurricane construction standards, with premium designer finishes throughout.

The site is positioned in the heart of Sarasota’s Rosemary District and is described as one of the last buildable parcels in the area. The remarks note proximity to the new 53-acre Bay Sarasota Park and a concentration of dining options within a six-block radius.

For developers, builders, and operators, the combination of approved mixed-use entitlements and a structured residential-and-retail program provides a clear path for execution. The project is presented with a construction timeline as little as 24 months, along with pro forma information available upon request, supporting underwriting and capital-planning conversations.

Key Highlights

  • Shovel‑ready mixed‑use development in Sarasota’s Rosemary District with approved plans ready to issue permits
  • Approved plans include 10 designer condominium residences, 10 tri‑level townhomes with private garages and elevators, and 10 luxury retail suites
  • Private gated enclave design with individual entrances, plus in‑unit elevators and private two‑car garages for residences

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store Florist Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,722
Businesses Nearby

Demographics for 34236, FL

14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Approved plans call for a boutique mixed-use community with luxury residences and retail suites in Sarasota’s Rosemary District.
Where is this commercial land located?
The property is located at 1625 4th Street 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 mixed‑use development in Sarasota’s Rosemary District with approved plans ready to issue permits; Approved plans include 10 designer condominium residences, 10 tri‑level townhomes with private garages and elevators, and 10 luxury retail suites; Private gated enclave design with individual entrances, plus in‑unit elevators and private two‑car garages for residences
More about this property
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