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Shovel-Ready Mixed-Use Development Site
For Sale
$7,999,000

1625 4TH STREET, Sarasota, FL 34236

Permits-ready, approved plans for a luxury mixed-use project with condominium, townhome, and retail components in Sarasota’s Rosemary District.

Property SizeContact for details
Days on Market424

Property Features for 1625 4TH STREET

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $44,112
Listing Agency: PREMIER SOTHEBY'S INTERNATIONAL REALTY
Listed By: Frank Lambert · License #0345242
Source: Steelbridgerealtyllc
Added: Jun 13, 2025 Changed: Aug 8 Last Checked: Jul 1 at 1:24AM

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 SOTHEBY'S INTERNATIONAL REALTY

Investment Insights

Based on property information with market context.

This shovel-ready luxury development site comes with approved plans and permits ready to issue for a boutique, contemporary mixed-use project. The concept includes 10 designer condominium residences, 10 tri-level townhomes featuring private garages and elevators, and 10 luxury retail suites with soaring storefronts. The plan also calls for a private gated enclave with individual entrances and an interior layout designed around open, illuminated spaces. Outdoor living is emphasized with alfresco terraces and grill-ready summer kitchens, alongside a landscaped Zen-inspired pool oasis. Residential offerings include private two-car garages and in-unit elevators, and the construction approach is described as aligned with hurricane construction standards.

Located in the Rosemary District of Sarasota, the site is described as being within a walkable area and moments from Bay Sarasota Park, which is referenced as a 53-acre park. The remarks also cite a dense nearby dining environment, with more than 65 restaurants within a six-block radius, supporting a lifestyle-oriented mixed-use tenant and buyer mix.

For developers, builders, and investors, the primary value here is readiness: an approved plan set and the ability to move forward with permits. The mix of condominiums, garage-equipped townhomes, and retail suites is designed to support an integrated, street-facing component within a luxury urban context. Projected sales and pro forma materials are referenced in the remarks and can be made available upon request.

Key Highlights

  • Permits‑ready with approved plans for a luxury mixed‑use development in Sarasota’s Rosemary District
  • Mixed‑use plan includes 10 designer condominium residences, 10 tri‑level townhomes with private garages and elevators, and 10 luxury retail suites
  • Approved layout features private gated enclave with individual entrances and in‑unit elevators

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

3,888
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 - Permits-ready, approved plans for a luxury mixed-use project with condominium, townhome, and retail components 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 $7,999,000.
What are key features of this property?
This property features: Permits‑ready with approved plans for a luxury mixed‑use development in Sarasota’s Rosemary District; Mixed‑use plan includes 10 designer condominium residences, 10 tri‑level townhomes with private garages and elevators, and 10 luxury retail suites; Approved layout features private gated enclave with individual entrances and in‑unit elevators
More about this property
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