1469 5th Street Sarasota, FL 34236
Pending MLS# A4655867
0.11 Acres Lot/Land
Details for 1469 5th Street
MLS# A4655867
Description for 1469 5th Street, Sarasota, FL, 34236
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Shovel-ready opportunity in the heart of Downtown Sarasota. Rare Rosemary District parcel with approved plans and density advantage. Attention developers, builders and savvy investors, this is your exclusive chance to secure one of the last remaining buildable parcels in Sarasota’s eclectic Rosemary District. Just moments from the 53-acre Bay Sarasota Park and surrounded by 65 restaurants within a six-block radius, this property is ideally positioned for luxury residential development in one of the region’s culturally vibrant neighborhoods. What sets this project apart? Time and density. Shovel-ready, permits can be issued in under 30 days—skip the 24-month design and entitlement delay. Legacy density advantage, approved under the prior 75-units-per-acre zoning—grandfathered in just before the downshift to 40 units per acre. The approved plans call for a boutique, ultra-contemporary building with just seven exclusive residences, no commercial component. Design highlights include expansive 2-, 3-, and 4-bedroom penthouse-style floor plans, floor-to-ceiling walls of glass, and private outdoor kitchens and splash pools. Only two units per floor, offering maximum privacy. Secure garage parking. Built to the latest hurricane construction standards. This is the condominium lifestyle reimagined—intimate, modern and crafted for discerning buyers who value privacy, walkability, and architectural distinction. With projected pricing from $1 million to $3 million, this build-out targets $14,515,600 in potential gross sales, and the entire project could be completed in as little as 12 months. Whether you’re seeking a quick and elegant exit strategy or aiming to leave a legacy in Sarasota’s architectural landscape, this project is a rare gem in one of Florida’s dynamic downtown corridors. Pro forma available upon request. Seize the opportunity to potentially double your investment and be part of Rosemary District’s next success story.
Listing Information
Property Type: Lot/Land, Residential
Status: Pending
Lot Size: 0.11 Acres
Subdivision: Collage On 5th Condominium
Current Use: Residential,Single Family
County: Sarasota
School Information
Elementary: Alta Vista Elementary
Middle: Booker Middle
High: Booker High
Utilities
Sewer: Public Sewer
Other Utilities: Electricity Available,Municipal Utilities,Water Not Available
Exterior / Lot Features
Lot Dimensions: 49x106
Fencing: Chain Link
Additional Exterior/Lot Features: Landscaped, Central Business District
Driving Directions
FROM 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.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 2026117001
Tax Amount: 18000
Tax Year: 2023
A broker reciprocity listing courtesy: PREMIER SOTHEBY'S INTERNATIONAL REALTY
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Copyright 2026 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Sales History & Tax Summary for 1469 5th Street
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1469 5th Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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