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!
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
- Approx Time on Market1 month, 15 days
- Area34236 - Sarasota
- CountySarasota
- Subdivision Collage On 5th Condominium
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
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
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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