1.42 Acres Lot
1.42 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Walpole Frank A
MLS Listing ID A4655859
HOA Fees $995/mo
HOA Y/N Yes
Annual Recurring Fee 11940.0
Annual Tax Amount $44,112
Lot Size 1.420 Acres
Acres 1.42
Lot Dimensions 217x306
Property Sub-Type Residential
Source Stellar MLS
Property Description
Refined Urban Living | Rosemary District | $57M+ Projected Sales
EXPERIENCE THE BEST OF DOWNTOWN SARASOTA
A true 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 6 block radius.
What makes this project unmissable? Two words: Time & Density.
· Shovel-Ready: Permits in under 30 days. No red tape. No waiting.
Approved plans feature a boutique, contemporary mixed-use masterpiece combining:
· 10 Designer Condominium Residences
· 10 Tri-Level Townhomes with private garages and elevators
· 10 Luxury Retail Suites with soaring storefronts
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Design & Lifestyle Highlights:
· Private gated enclave with individual entrances
· Expansive 4-bedroom, 3.5-bathroom 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
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Investment Snapshot:
· Projected sales from $2.4M–$3M per unit
· Total projected revenue: $57,220,000
· Construction timeline: as little as 24 months
· Ideal for capital rotation, high-margin resale, or portfolio legacy
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The Ultimate Urban Lifestyle
Positioned 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.
Location
State FL
County Sarasota
Community Walpole Frank A
Area 34236 - Sarasota
Zoning DTN, DTE
Exterior
Fence Boundary Fencing, Chain Link
Community Features Deed Restrictions, Gated Community - No Guard, No Truck/RV/Motorcycle Parking, Sidewalks, Street Lights
Utilities Available BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Phone Available, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Amenities Available Cable TV, Fence Restrictions, Gated
View City
Building
Lot Description Buildable, Corner Lot, Curb and Gutters, City Limits, Level, Near Public Transit, Room For Pool, Sidewalk, Street Lights, Paved, Suburb, Wooded
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Schools
Elementary Schools Alta Vista Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Pets Allowed Size Limit, Yes
HOA Fee Include Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Pool,Sewer,Trash,Water
Pet Size Large (61-100 Lbs.)
Ownership Fee Simple
Monthly Total Fees $995
Acceptable Financing Cash, Conventional, Owner Financing
Membership Fee Required Required
Listing Terms Cash, Conventional, Owner Financing
Num of Pet 2
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4655859
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