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$1,795,000
$1,795,000
price
0.11
approx. acreage
Land
Farm
prop. type
Real Estate Professional
C.

Description

One or more photo(s) has been virtually staged. Attention builders, developers and investors. A tremendous opportunity awaits on one of the last remaining parcels in the red-hot Rosemary District. Shovel-ready is the key – permits can be picked up in 30 days or less, and construction can begin immediately. Forget the two-year design and permitting process, it's done already. Plus this was the last project approved with 75 units per acre density which has now expired, and the density is now 40 units per acre. This magnificent contemporary design features two-bedroom, three-bedroom, and four-bedroom penthouse designs with walls of glass and a total of only seven residences, no commercial. This is the epitome of the boutique style of condominium living that everyone desires. Condominium lifestyle – but with only six other neighbors. Only two units per floor. Open kitchen/dining/living rooms and patios with outdoor kitchens and splash pools. With pricing from $1 million to $2.5 million, totaling a projected $12 million in sales. All units are absolutely perfect for a live/work/play, all-in-one lifestyle. A secure parking garage, the latest hurricane construction standards, and sleek contemporary designs create and add another architectural jewel to the Rosemary District. This project could be built in 12 months, and you can be off to your next project. There are 43 restaurants within three blocks, and there is also the new 53-acre Bay Sarasota Park only four blocks away, which highlights our precious Sarasota bayfront and all that Sarasota’s arts, shopping, and dining communities have to offer. Join us now and become a part of the Rosemary revolution. Ask us for the Proforma, and let us show you how you can possibly double your investment within 12 months.


Listed by Frank Lambert, .

Property Highlights

  • Zoning: Dte
  • Property Type: Land/Farm/Lots
  • MLS #: A4611530

General Information

Total Acres
Total Acres
0.11
Area 34236 - Sarasota
Current Use Residential
Elementary School Alta Vista Elementary
High School Booker High
Middle School Booker Middle
Number of Lots 1
Property Subtype Land
Subdivision Collage On 5th Condominium
Taxes $18,000

Property Features

Direction Faces South
Fencing Chain Link
Lot Size Acres 0.11
Lot Size Dimension 49x106
Lot Size Square Feet 5,194
Sewer Public Sewer
$1,795,000
$1,795,000
price
0.11
approx. acreage
Land
Farm
prop. type
Real Estate Professional
C.
Location
1469 5th Street, Sarasota, FL 34236 Driving Directions
Similar Listings
Sarasota
Nearby Schools
Listed by Frank Lambert, Premier Sothebys Intl Realty.

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