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#A4635694, Rex Glasson, Listing office: DOUGLAS ELLIMAN
Property details
About 1469 5th St
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 & 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. Located 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 most walkable, 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 · 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 million in 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 most dynamic downtown corridors. Pro forma available upon request. Seize the opportunity to double your investment and be part of the Rosemary District’s next success story.
Highlights
Home typeOther
StatusActive
Lot size0.11 Acres
MLS #A4655867
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Summary
- List Price: $1,695,000
- HOA Amount: $0
- Lot: Business District, Paved
- 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.
- Lot Size: 0.11 Acres
- MLS Number: A4655867
- MLS Name: MFRMLS
- Office Name: PREMIER SOTHEBY'S INTERNATIONAL REALTY
- Office Phone: (941) 364-4000
- Listing Agent: Frank Lambert
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 6/16/2025, 11:49:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,695,000
1469 5th St
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Price information
Property sales
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Tax history
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Nearby schools
7
Bay Haven School of Basics Plus
Public Magnet KG-5
1.6 mi
•2901 W Tamiami Cir
4
Emma E. Booker Elementary School
Public District PK-5
1.6 mi
•2350 Dr Martin Luther King Way
5
Alta Vista Elementary School
Public District PK-5
1.7 mi
•1050 S Euclid Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,125. Residents of Sarasota, FL typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
65%
<35k
19%
35k-100k
6%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
80%
Single, No Kids
4%
Single, with Kids
14%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
17%
18-34 yrs old
47%
35-64 yrs old
29%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
Minor League Baseball Games
Where do the neighbors shop?
Chico's
New York & Company
Family Dollar
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Chick-fil-A
What do the neighbors drive?
Buick
Oldsmobile
Kia
What do the neighbors listen to?
Soft Adult Contemporary
News
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1469 5th St
The listing price of 1469 5th St property is $1,695,000.
The property 1469 5th St is land located in Sarasota, Florida, 34236.
Active Listing: 1469 5th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1469 5th St are: Bay Haven School of Basics Plus (GreatSchools Rating 7/10), Emma E. Booker Elementary School (GreatSchools Rating 4/10), Alta Vista Elementary School (GreatSchools Rating 5/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Booker Middle School (GreatSchools Rating 3/10), Sarasota Military Academy (GreatSchools Rating 5/10), Sarasota High School (GreatSchools Rating 4/10), Booker High School (GreatSchools Rating 3/10).
The property 1469 5th St is 0.11 acres.
This home is located at 1469 5th St in Sarasota, FL and zip code 34236 in the Rosemary District neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $1,695,000.
Over 28 listings were sold over their listed price in May 2025 in Sarasota, FL. In the same period over 365 listings were sold below the listed price and 69 listings were sold for the listed price. The inventory of homes for sale in Sarasota, FL between April and May 2025 decreased by 1%. In May 2025 median list price was $496,832 and the average listing age was 62 days.
From Rocket Homes Real Estate and based on county public records data.