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1469 5th St, Sarasota, FL – $995,000

  • $995k Price
  • .12 Acres
  • 371 DOM
  • $995k Price
  • .12 Acres
  • 371 DOM

1469 5th St

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, having completed Site Plan Approval Process. One of the last Shovel Ready projects entitled under the recently expired 75 acre Overlay District, subject property faces 5th St. & 2 adjacent alleyways. Within 6 months, this flowing Modern Architecture project, featuring Only 7 Residences - This is Huge - 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 most all of that, as well as locating a highly qualified Contractor. Final Engineering & Construction Plans are still to be completed – therefore the 6 month time period to permit. In 18 months, profits could begin rolling in. New construction designs offer High Ceilings, latest hurricane construction standards, walls of glass, high efficiency HVAC, elevators, beautifully designed spa areas & Private Pools which grace 6 of the 7 Units, culminating with 2 Spectacular 2 Story Rooftop Penthouses & 7 separate secure parking garages. New Condos, Apartments, Retail, Hotels & restaurants abound in immediate area along with new 53 acre Bay Sarasota Project only 4 blocks away, property values are destined to explode along with all Downtown & our precious SRQ Bayfront. Join us now & become an integral participant in the Rosemary Revolution.

Essential Information

  • MLS® #A4437271
  • Price$995,000
  • Bathrooms0.00
  • Acres0.12
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
  • Taxes$5,914
  • CDDN

Community Information

  • Address1469 5th St
  • AreaSarasota
  • SubdivisionPlat Of Sarasota Exhibit
  • CitySarasota
  • CountySarasota County
  • StateFL
  • Zip Code34236

Amenities

Utilities

Cable Available, Phone Available, Sewer Available, Sewer Connected, Sewer Nearby, Street Lights, Water Available

View

Urban, Street Lights, Sidewalk, In City Limits, Central Business District, Buildable

Exterior

  • Exterior FeaturesMature Landscaping
  • Lot DescriptionUp to 10,889 Sq. Ft.

School Information

  • ElementaryAlta Vista Elementary
  • MiddleBooker Middle
  • HighBooker High

Pet Information

  • Pets AllowedY

Additional Information

  • Days on Market371
  • ZoningDTE

Listing Details

  • OfficePremier Sothebys Intl Realty
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Price Change History for 1469 5th St, Sarasota, FL (MLS® #A4437271)

Date Details Change
Price Reduced from $1,195,000 to $995,000 $200,000 (16.74%)
Price Reduced from $1,600,000 to $1,195,000 $405,000 (25.31%)

Premier Sothebys Intl Realty.

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on June 3rd, 2020 at 7:00pm EDT.