Property Description

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

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Property Details

Highlights

View

Yes

Construction

Building Area Units

Square Feet

Direction Faces

West

Living Area Units

Square Feet

Site & Exterior

Current Use

Residential

Fencing

Boundary FencingChain Link

Flood Zone Code

X

I D X Participation

Yes

Lot Features

BuildableCorner LotCurb and GuttersCity LotLevelNear Public TransitRoom For PoolSidewalkStreet LightsSuburbWooded

Lot Size Acres

1.42

Lot Size Area

1.4267

Lot Size Dimensions

217 x 306

Lot Size Square Feet

62146

Lot Size Units

Acres

Number Of Lots

Yes

Public Survey Range

18

Public Survey Section

19

Road Frontage Type

Street LightsStreet PavedCity Street

Road Responsibility

Public Maintained Road

Road Surface Type

PavedAsphalt

Sewer

Public Sewer

Total Acreage

1 to less than 2

Utilities

BB/HS Internet AvailableBB/HS Internet CapableCable AvailableCable ConnectedElectricity AvailableFire HydrantPhone AvailableSewer AvailableSewer ConnectedStreet LightsWater - Multiple MetersWater AvailableWater Connected

Vegetation

Mature LandscapingTrees

View

City

Water Source

Public

Zoning

DTNDTE

Zoning Compatible

Yes

Financials

Association Fee

995

Association Fee Frequency

Monthly

Association Fee Includes

Escrow Reserves FundInsuranceMaintenance StructureMaintenance GroundsManagerPest ControlPool MaintenanceSewerTrashWater

Calculated List Price By Calculated Sq Ft

128.71

Contract Status Change Date

2025-06-13

Current Adjacent Use

Residential

Current Price

7999000

Existing Lease Type

Gross

Feed Types

BBO

Lease Term

12 Months

Monthly H O A Amount

995

Owner Name

PREMIER ON MAIN LLC

Ownership

Fee Simple

Parcel Number

2026100068

Price Per Acre

5633099

Public Survey Township

36

Tax Annual Amount

44112

Tax Block

K

Tax Book Number

1-47

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, HOWARD COURT, 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 OR 3004/1501 BEING SAME LANDS AS DESC IN ORI 2022103598

Tax Lot

Yes

Tax Year

2024

Total Annual Fees

11940

Total Monthly Fees

995

Neighborhood & Lifestyle

Community & Association

Association Amenities

Cable TVFence RestrictionsGated

Association Fee Requirement

Required

Association Name

TBD

Community Features

Deed RestrictionsGated Community - No GuardNo Truck/RV/Motorcycle ParkingSidewalks

M L S Area Major

34236 - Sarasota

Number Of Pets

2

Pet Size

Large (61-100 Lbs.)

Pets Allowed

Size LimitYes

S W Subdiv Community Name

Not Applicable

Subdivision Name

ORANGE ONE

Schools

Ratings

Elementary

Alta Vista Elementary

Middle

Booker Middle

High

Booker High

Listing provided courtesy of STELLAR via IDX. Updated: Jun 25, 2026, 4:08pm.

1625 4TH STREET

1625 4TH STREET

Property Description

Property Details

Highlights

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Frank Lambert

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$200

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1625 4TH STREET

1625 4TH STREET

Property Description

Property Details

Highlights

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Frank Lambert