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Sarasota,FL 34236
Key Details
Property Type Vacant Land
Sub Type Unimproved
Listing Status Active
Purchase Type For Sale
Subdivision Rosemary District
MLS Listing ID A4666601
HOA Y/N No
Annual Tax Amount $14,176
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 133.5x100
Property Sub-Type Unimproved
Source Stellar MLS
Property Description
Permit-ready opportunity in Sarasota's red-hot Rosemary District. A rare chance to build lifestyle-driven homes in one of Sarasota's fastest-growing urban neighborhoods. This shovel-ready project is designed for buyers who want modern design, abundant outdoor living, and walkability—all the essentials for today's millennial and empty nester markets. Project highlights include: a permit-ready space, construction can begin in just 60 days. Potential for six three-story townhomes, each with four bedrooms, three full baths, two half baths, as well as private pools and guest houses—luxury features that set this community apart. Multiple terraces, patios, and outdoor kitchens will provide expansive outdoor living space. Private two-car garages for every residence. Large residences at over 2,800 square feet. Priced from $2,693,000 with light, bright contemporary architecture and impact glass up to the latest hurricane standards. The projected sales volume is over $16,000,000, with a projected profit potential of $4,426,000 (Pro Forma available). An advantageous location, the project is just steps from The Bay Sarasota, a 53-acre waterfront park, two blocks from Sarasota School of Arts and Sciences (SSAS), is surrounded by 65 restaurants within six blocks, and sits just minutes to downtown shopping, theaters, arts districts and St. Armands/Lido Beach. Located in Flood Zone X, a safer, elevated land designation. Adding to the sought-after location is the stunning urban design across 7th Street. The award-winning Sarasota and Rosemary District architect, Halflants & Pichette, has designed a condominium project with a rooftop pool, fitness center and clubhouse coming at southwest corner of 7th/Cohen Way. Why this project wins? This condominium development lives like single-family homes—offering privacy, scale, and unparalleled outdoor space. With demand outpacing land supply in Rosemary, this is a timely opportunity to shape the district's next chapter. Completion possible within 18 months of groundbreaking. Optional advantage - buyer may retain the current builder/owner to streamline construction.
Location
State FL
County Sarasota
Community Rosemary District
Area 34236 - Sarasota
Zoning DTE
Exterior
Utilities Available Electricity Available,Sewer Available,Sewer Nearby,Water Available
View City
Building
Lot Description Buildable,City Limits,Level,Urban
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Schools
Elementary Schools Alta Vista Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Ownership Fee Simple
Acceptable Financing Cash,Conventional,Owner Financing
Membership Fee Required None
Listing Terms Cash,Conventional,Owner Financing
Special Listing Condition None
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