Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Pets: | Pets Allowed |
| Lot Size: | 1.4 Acres |
Financials
Price:$7,999,000
Annual Taxes:$44,112
Common charges:$995
Listing Courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY
Shovel ready luxury development in the heart of Sarasota.
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.
Amenities
- Bb Hs Internet Available
- Bb Hs Internet Capable
- Buildable
- Cable - Available
- Cable Connected
- cable tv
- City
- City Limits
- Corner Lot
- Curb And Gutters
- Deed Restrictions
- Electricity Available
- Fence Restrictions
- Fire Hydrant
- Gated
- Gated Community No Guard
- Level
- Near Public Transit
- No Truck Rv Motorcycle Parking
- Paved
- Phone Available
- Room For Pool
- Sewer Available
- Sewer Connected
- Sidewalk
- Sidewalks
- Street Lights
- Suburb
- Water Available
- Water Connected
- Water Multiple Meters
- Wooded
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
