David Shippey
863.521.4517

1469 5th Street Sarasota Florida | Home for Sale

To schedule a showing of 1469 5th Street, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,299,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$1,299,000 Reduced -$396,000
1469 5th Street
Sarasota, FL 34236
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • N/ASqFt
  • N/AYear Built
  • 0.11Acres
  • MLS# A4655867
  • Vacant Land
  • Residential
  • Active


Overview

One or more photo(s) has been virtually staged. Shovel-ready opportunity in the heart of Downtown Sarasota. Rare Rosemary District parcel with approved plans and density advantage. Attention developers, builders and savvy investors, this is your exclusive chance to secure one of the last remaining buildable parcels in Sarasotas eclectic Rosemary District. Just moments from the 53-acre Bay Sarasota Park and surrounded by 65 restaurants within a six-block radius, this property is ideally positioned for luxury residential development in one of the regions culturally vibrant neighborhoods. What sets this project apart? Time and density. Shovel-ready, permits can be issued in under 30 daysskip the 24-month design and entitlement delay. Legacy density advantage, approved under the prior 75-units-per-acre zoninggrandfathered in just before the downshift to 40 units per acre. The approved plans call for a boutique, ultra-contemporary building with just seven exclusive residences, no commercial component. Design highlights include expansive 2-, 3-, and 4-bedroom penthouse-style floor plans, floor-to-ceiling walls of glass, and private outdoor kitchens and splash pools. Only two units per floor, offering maximum privacy. Secure garage parking. Built to the latest hurricane construction standards. This is the condominium lifestyle reimaginedintimate, modern and crafted for discerning buyers who value privacy, walkability, and architectural distinction. With projected pricing from $1 million to $3 million, this build-out targets $14,515,600 in potential gross sales, and the entire project could be completed in as little as 12 months. Whether youre seeking a quick and elegant exit strategy or aiming to leave a legacy in Sarasotas architectural landscape, this project is a rare gem in one of Floridas dynamic downtown corridors. Pro forma available upon request. Seize the opportunity to potentially double your investment and be part of Rosemary Districts next success story.



Agriculture / Farm

Association Fees / Info

Pets Allowed:  Yes

Senior Community:  No

Association:  ,No,

Bathroom Info

Buyer Compensation

Exterior Features

Pool Private:  No

Fees / Restrictions

Financial

Original Price:  $1,695,000

Fencing:  ChainLink

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Interior Features

Fireplace:  No

Spa:  No

Lot Info

Direction Remarks:  FROM I75 SOUTH, TAKE FRUITVILLE ROAD EXIT INTO DOWNTOWN; CROSS 301/WASHINGTON BLVD, TURN RIGHT/NORTH ON LEMON AVE., LEFT ON 5TH ST. PROPERTY IS ON RIGHT BEHIND CHAIN LINK FENCING.

Number of Lots:  1

Lot Size Units:  Acres

Lot Size Acres:  0.11

Lot Sqft:  5,194

Est Lotsize:  49x106

Lot Desc:  CentralBusinessDistrict, Landscaped

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  19

Class Type:  Residential

Property Sub Type:  Residential

Property Attached:  No

New Construction:  No

Human Modified:  Yes

Current Use:  Residential, SingleFamily

Sqft Info

Living Area Units:  SquareFeet

Tax Info

Tax Year:  2,023

Tax Legal Description:  UNIT 101, COLLAGE ON 5TH CONDOMINIUMUNIT 101, COLLAGE ON 5TH CONDOMINIUM; UNIT 201, COLLAGE ON 5TH CONDOMINIUM; UNIT 202,COLLAGE ON 5TH CONDOMINIUM; UNIT 301, COLLAGE ON 5TH CONDOMINIUM, UNIT 302, COLLAGE ON 5THCONDOMINIUM; UNIT 401, COLLAGE ON 5TH CONDOMINIUM; UNIT 402, COLLAGE ON 5TH CONDOMINIUM

Tax Annual Amount:  18000

Unit Info

Utilities / Hvac

Water Source:  None

Sewer:  PublicSewer

Cooling:  No

Heating:  No

Utilities:  ElectricityAvailable, MunicipalUtilities, WaterNotAvailable

Waterfront / Water

Waterfront:  No

View:  No

Schools

Elem:  Alta Vista Elementary

Middle:  Booker Middle

High:  Booker High

Directions

FROM I75 SOUTH, TAKE FRUITVILLE ROAD EXIT INTO DOWNTOWN; CROSS 301/WASHINGTON BLVD, TURN RIGHT/NORTH ON LEMON AVE., LEFT ON 5TH ST. PROPERTY IS ON RIGHT BEHIND CHAIN LINK FENCING.

This listing courtesy of Premier Sotheby's International Realty 

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Price & Status History (on davidshippey.com since Fri, Jun 13th 2025)
  • Original Price: $1,695,000
  • Current Price: $1,299,000
  • Price Reduced: $396,000
Date ChangedFromTo
07/18/2025$1,695,000 $1,299,000 Reduced by $396,000

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If you have any questions on 1469 5th Street, Sarasota, Florida, please call David Shippey at 863-521-4517.


MLS# A4655867 located at 1469 5th Street, Sarasota, Florida is brought to you by David Shippey REALTOR®

1469 5th Street, Sarasota, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 1469 5th Street, Sarasota, Florida is A4655867.
The price for 1469 5th Street, Sarasota, Florida is $1,299,000.
The status of 1469 5th Street, Sarasota, Florida is Active.
The subdivision of 1469 5th Street, Sarasota, Florida is Collage On 5th Condominium.
The home located at 1469 5th Street, Sarasota, Florida was built in 2025.

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