SARASOTA, FL 34236 1469 5TH STREET

Pending
1469 5TH STREET SARASOTA, FL - Image 11469 5TH STREET SARASOTA, FL - Image 21469 5TH STREET SARASOTA, FL - Image 3
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1469 5TH STREET SARASOTA, FL - Image 4
Presented By: PREMIER SOTHEBYS INTL REALTY with 941-364-4000. - 941-364-4000
  • MLS# A4611530
  • 05/22/2024
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Home Details

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.
Presented By: PREMIER SOTHEBYS INTL REALTY with 941-364-4000. - 941-364-4000

Interior Features for 1469 5TH STREET

Bathrooms

Total Baths

Other Interior Features

Street SuffixSTREET

General for 1469 5TH STREET

Additional Parcels Y/NNo
Building Area Unitssquare feet
Citysarasota
Countysarasota
Current Useresidential
Directionsfrom 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.
Elementary Schoolalta vista elementary
Facing Directionsouth
Flood Zone Codex
Flood Zone Code XY
HOANo
High Schoolbooker high
Legal Descriptionunit 101, collage on 5th condominiumunit 101, collage on 5th condominium; unit 201, collage on 5th condominium; unit 202, collage on 5th condominium; unit 301, collage on 5th condominium, unit 302, collage
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet5194
Lot Size Unitssquare feet
MLS Area34236 - sarasota
Middle/Junior High Schoolbooker middle
ModificationTimestamp2025-02-04t17:48:37.787z
Ownershipfee simple
Pet Size Limitextra large (101+ lbs.)
Pets Allowedyes
Property Typeland
Sewerpublic sewer
Standard Statuspending
Statuspending
Subdivision Namecollage on 5th condominium
Tax Annual Amount18000
Tax Year2023
Utilitieselectrical nearby, public, utility pole
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Zoningdte

Exterior for 1469 5TH STREET

Fencingchain link
Lot Dimensions49 x 106
Lot Featurescentral business district
Lot Size Acres0.11
Lot Size Area5194
Number of Lots1
Road Frontage Typestreet paved
Road Responsibilitypublic maintained road
Road Surface Typepaved, asphalt
Vegetationmature landscaping
Water Sourcenone

Additional Details

Price History

Schools

Middle School Booker Middle
High School Booker High
Elementary School Alta Vista Elementary

Andre LaFountain

Realtor / Coach
Price $1,795,000
MLS#A4611530
List Date 05/22/2024
Property Type Pending
Phone 518.569.7173
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Location
  • Babcock Ranch