To schedule a showing of 1625 4th Street, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!

$5,990,000 Reduced -$2,005,000
1625 4th Street
Sarasota, FL 34236
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • N/ASqFt
  • N/AYear Built
  • 1.42Acres
  • MLS# A4655859
  • Vacant Land
  • Residential
  • Active

  • Approx Time on Market1 year, 7 days
  • Area34236 - Sarasota
  • CountySarasota
  • Subdivision Orange One

Overview

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 visionariesthis is one of the last buildable parcels in Sarasotas 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 Sarasotas booming cultural corridor, this project redefines boutique luxury in one of Floridas top-ranked lifestyle cities. From University Town Center to Sarasota Opera, Selby Gardens and Lido Beacheverything is within reach. Pro forma available upon request Don't miss your chance to shape the skylineand the futureof downtown Sarasota, everything you desire is in reach. Find your ideal Florida lifestyle at Sunrise Preserve.



Agriculture / Farm

Association Fees / Info

Community Features:  Gated, Curbs, StreetLights, Suburban, Sidewalks

Pets Allowed:  SizeLimit, Yes

Hoa Frequency Rate:  995

Association:  Yes

Association Amenities:  Gated, CableTv

Hoa Fees Frequency:  Monthly

Association Fee Includes:  AssociationManagement, Insurance, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, ReserveFund, Sewer, Trash, Water

Bathroom Info

Buyer Compensation

Exterior Features

Exterior Features:  RoomForPool

Fees / Restrictions

Financial

Original Price:  $7,995,000

Disclosures:  CovenantsRestrictionsDisclosure

Fencing:  ChainLink, Perimeter

Garage / Parking

Green / Env Info

Interior Features

Lot Info

Direction Remarks:  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.

Number of Lots:  1

Lot Size Units:  Acres

Lot Size Acres:  1.42

Lot Sqft:  62,146

Road Frontage Type:  CityStreet

Est Lotsize:  217x306

Vegetation:  Wooded

Lot Desc:  Buildable, CornerLot, CityLot, Flat, Level, NearPublicTransit, Wooded, Landscaped, Trees

Other

Special Conditions:  None

Security Features:  FireHydrants, GatedCommunity

Other Rooms Info

Property Info

Section:  19

Class Type:  Residential

Property Sub Type:  Residential

Human Modified:  Yes

Current Use:  Residential, SingleFamily

Sqft Info

Living Area Units:  SquareFeet

Tax Info

Tax Year:  2,024

Tax Lot:  1

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, HOWARDCOURT, 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 OR3004/1501 BEING SAME LANDS AS DESC IN ORI 2022103598

Tax Block:  K

Tax Annual Amount:  44112

Tax Book Number:  1-47

Unit Info

Utilities / Hvac

Water Source:  Public, MultipleMeters

Sewer:  PublicSewer

Utilities:  CableAvailable, CableConnected, ElectricityAvailable, HighSpeedInternetAvailable, PhoneAvailable, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected

Waterfront / Water

View:  Yes

View:  City

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 ORANGE AVE. PROJECT IS AT THE CORNER OF ORANGE AVE and 4TH STREET ON RIGHT. CURRENT STRUCTURES BEHIND CHAIN LINK FENCING TO BE DEMOLISHED.

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: $7,995,000
  • Current Price: $5,990,000
  • Price Reduced: $2,005,000
Date ChangedFromTo
07/18/2025$7,995,000 $5,990,000 Reduced by $2,005,000

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If you have any questions on 1625 4th Street, Sarasota, Florida, please call David Shippey at 863-521-4517.


MLS# A4655859 located at 1625 4th Street, Sarasota, Florida is brought to you by David Shippey REALTOR®

1625 4th Street, Sarasota, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 1625 4th Street, Sarasota, Florida is A4655859.
The price for 1625 4th Street, Sarasota, Florida is $5,990,000.
The status of 1625 4th Street, Sarasota, Florida is Active.
The subdivision of 1625 4th Street, Sarasota, Florida is Orange One.
The home located at 1625 4th Street, Sarasota, Florida was built in 2026.