$1,795,000 Price Analysis    ♡   Sarasota, FL 34236 Unknown bed 0 bath unknown SqFt ($0/SqFt) 5,194SqFt lot. Listed 2024-05-22 | Ⓧ USDA Ineligible due to property near Sarasota |
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* Sale Pending *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 seven reside nces, no commercial. This is the epitome of the boutique style of condominium living that everyone desires.
Condominium lifestyle but with 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 unts 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 four blocks away, which highlights our precious Sarasota bayfront and all that Sarasotas 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.
Presented by Frank Lambert at
Premier Sotheby's International Realty.
Property MLS #A4611530 from StellarMLS
Frontage Length: 49
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Lot Size Acres: 0.1192378
Lot Size Dimensions: 49x106
Number of Lots: 1
Vegetation: Mature Landscaping
Lot Size Square Feet: 5194
High School: Booker High
Middle School: Booker Middle
Map directions Map directions Map directions Map directionsPets Allowed: Yes
Pet Description: Pet Restrictions: SEE RESTRICTIONS, Pet Size: Extra Large (101+ Lbs.), Number Of Pets: 2
Source Listing Status: Pending
County: Sarasota
Current Use: Residential
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.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Land
Area: 34236 - Sarasota
Source Neighborhood: COLLAGE ON 5TH CONDOMINIUM
Parcel Number: 2026117001
Postal Code Plus 4: 4931
Subdivision: COLLAGE ON 5TH CONDOMINIUM
Township: 36
Zoning: DTE
Source System Name: C2C
$1,795,000
StellarMLS
Listing removed 2024-01-26
$1,795,000
StellarMLS
Listed 2023-04-27
$1,795,000
StellarMLS
Listing removed 2021-10-29
$995,000
StellarMLS
Sold 2018-08-20
$416,500
Public Record
Sold 2017-05-01
$532,000
Public Record
Sold 2002-02-21
$65,000
Public Record
Electrical Nearby
Public
Utility Pole
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.