$7,999,000
1625 4th Street
Sarasota, FL 34236
Listing updated: June 25, 2026 at 1:21 PM ET
Listing courtesy of Premier Sotheby'S International Realty · Frank Lambert · MLS #A4655859 · Active · 941-364-4000Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Shovel-ready luxury development in the heart of Sarasota. Refined urban living | Rosemary District | $57M-plus projected sales. Experience the best of downtown Sarasota. A game-changer for luxury developers, builders and visionaries—this is one of the last buildable parcels in Sarasota’s vibrant and walkable Rosemary District, moments from the new 53-acre Bay Sarasota Park and surrounded by over 65 restaurants within a six-block radius. What makes this project unmissable? Two words: Time and density. Shovel ready with permits ready to issue. Approved plans feature a boutique, contemporary mixed-use masterpiece combining10 designer condominium residences, 10 tri-level town homes with private garages and elevators, and 10 luxury retail suites with soaring storefronts. Design and lifestyle highlights such as private gated enclave with individual entrances, expansive four-bedroom, 3.5-bath layouts, separate guest casitas for multi-gen or income opportunities, illuminated, open floor plans with floor-to-ceiling glass, alfresco terraces with grill-ready summer kitchens, lushly landscaped Zen-inspired pool oasis, private two-car garages and in-unit elevators, crafted with the latest hurricane construction standards. Premium designer finishes and curated architectural touches throughout. Investment snapshot, projected sales from $2.4M–$3M per unit with total potential projected revenue of $57,220,000. Construction timeline as little as 24 months Ideal for capital rotation, high-margin resale or portfolio legacy. the ultimate urban lifestyle. In Sarasota’s booming cultural corridor, this project redefines boutique luxury in one of Florida’s top-ranked lifestyle cities. From University Town Center to Sarasota Opera, Selby Gardens and Lido Beach—everything is within reach. Pro forma available upon request Don't miss your chance to shape the skyline—and the future—of downtown Sarasota, everything you desire is in reach. Find your ideal Florida lifestyle at Sunrise Preserve.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history377 days on market
- Status: ActiveJun 13, 2025
- Listed$7,995,000Jun 13, 2025
- Price increased$7,999,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 377
- Subdivision
- Orange One
- County
- Sarasota
- Price/sq ft
- $129
- Lot size
- 62,146 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X (12115C0133G)
- Annual taxes
- $44,112 (2024)
- Parcel #
- 2026100068
- Zoning
- DTN, DTE
- MLS #
- A4655859
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
Interior Details
- Direction faces
- West
HOA & Financial
- HOA fee
- $995 / Monthly
- Monthly HOA
- $995/mo
- Total monthly fees
- $995/mo
- Total annual fees
- $11,940
- HOA name
- TBD
- CDD
- No
- Listing terms
- Cash, Conventional, Owner Financing
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Phone Available, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Community
- Pets allowed
- Size Limit, Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-06-06
- On market date
- 2025-06-13
- Original list price
- $7,995,000
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-06-13
- Tax legal description
- LOTS 1, 2, 3 & 4, FRANK A WALPOLES SUB OF LOT 2, BLK K, PLAT OF SARASOTA, ALSO LOTS 3, 5 & S 4 FT OF LOT 1, RESUB OF LOTS 13 & 14 OF LOT 3, BLK K, & LOTS 1 THRU 4, BLK 5, CENTRAL PARK NO 1, ALSO LOTS 1 & 2, HOWARD COURT, ALSO SW 1/4 OF ORIGINAL LOT 1 LESS N 80 FT THEREOF & S 50 FT OF E1/2 OF ORIGINAL LOT 1, ALL IN BLK K, PLAT OF SARASOTA, OR 1749/1633 OR 1746/210 OR 2537/312 OR 2534/1272 OR 2508/547 OR 3039/1149 OR 3004/1500 OR 3004/1501 BEING SAME LANDS AS DESC IN ORI 2022103598
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
FROM I75 SOUTH, TAKE FRUITVILLE ROAD EXIT INTO DOWNTOWN; CROSS 301/WASHINGTON BLVD, TURN RIGHT/NORTH ON ORANGE AVE. PROJECT IS AT THE CORNER OF ORANGE AVE and 4TH STREET ON RIGHT. CURRENT STRUCTURES BEHIND CHAIN LINK FENCING TO BE DEMOLISHED.
More homes like this
$2,428,200
410 N Orange Ave #218
Sarasota, FL 34236
4 bd · 4 ba · 2,556 sqft
Orange One
MLS ID #A4603674, PREMIER SOTHEBYS INTL REALTY.
Listing provided by Stellar MLS
$2,995,000
1611 4th St #B6
Sarasota, FL 34236
5 bd · 5 ba · 3,360 sqft
Orange One
MLS ID #A4616019, PREMIER SOTHEBYS INTL REALTY.
Listing provided by Stellar MLS
$12,250,000
500 Harbor Cove Cir
Longboat Key, FL 34228
5 bd · 6 ba · 5,120 sqft
Bay Isles
MLS ID #A4697649, COLDWELL BANKER REALTY.
Listing provided by Stellar MLS
$11,900,000
1600 Harbor Sound Dr
Longboat Key, FL 34228
5 bd · 6 ba · 5,689 sqft
Bay Isles
MLS ID #A4692027, COLDWELL BANKER REALTY.
Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 25, 2026 at 1:21 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA