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  • Price$2,200,000
  • Acres0.24

1374 5th Way, Sarasota

PRE-CONSTRUCTION. TO BE BUILT. Attention Builders & Developers: Tremendous Development opportunity awaits on one of the few remaining parcels in the Red Hot Rosemary District, currently under final permit review with the City. This is one of the last Shovel Ready projects entitled under the recently expired 75/acre Overlay District. Property faces 5th St & Florida Ave & also has 5th Way/alley alongside the property. Prior to closing, this Award-Winning, flowing Green Architecture project, featuring 11 Residences & 1 Retail unit will be ready to break ground & commence construction. Forget about the 2 year + time commitment to design & engineer a project for issuance of permit - Seller has done all that. Even the Condo Docs are prepared. Let the actual Contracts begin - & an extensive & thorough search for a highly qualified Contractor is in place also. In 15 months, the profits could begin rolling in. New construction designs offer High Ceilings, Impact Glass, the newest hurricane construction standards, walls of glass, high efficiency HVAC, contemporary cabinetry, elevators, beautifully designed spa areas & rooftop balconies with Sarasota Bay views. Every month new Condos, Apartments, Retail, Hotels & restaurants are opening in the Rosemary District. Now with the new 53 acre Bay Sarasota Project only 2 blocks away & ready to go, the property values in the Rosemary District are destined to explode. Join now & become an integral participant in the Rosemary Revolution.

Essential Information

  • MLS® #A4434321
  • Price$2,200,000
  • Bathrooms0.00
  • Acres0.24
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive

Amenities

  • UtilitiesElectrical Nearby, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available
  • ViewBuildable, Cleared, Corner Lot/Unit, Historic District, Level, Street Paved, Central Business District

School Information

  • ElementaryAlta Vista
  • MiddleBooker Middle
  • HighBooker

Listing Details

  • Listing Office:Premier Sothebys Intl Realty

Community Information

  • Address1374 5th Way
  • AreaSarasota
  • SubdivisionPlat Of Sarasota Exhibit
  • CitySarasota
  • CountySarasota County
  • StateFL
  • Zip Code34236

Exterior

  • Lot DescriptionUp to 10,889 Sq. Ft.

Additional Information

  • Days on Market24
  • ZoningDTE
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Listing information courtesy of Premier Sothebys Intl Realty.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on May 25th, 2019 at 8:45pm EDT.