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#A4635693, Rex Glasson, Listing office: DOUGLAS ELLIMAN
Property details
About 1625 4th St
Shovel-ready luxury development in the heart of Sarasota. Refined urban living | Rosemary District | $57M-plus projected sales. Experience the best of downtown Sarasota. A 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 six-block radius. What makes this project unmissable? Two words: Time and density. Shovel ready with permits in under 30 days. No red tape. No waiting. Approved plans feature a boutique, contemporary mixed-use masterpiece combining10 designer condominium residences, 10 tri-level town homes with private garages and elevators, and 10 luxury retail suites with soaring storefronts. Design and lifestyle highlights such as private gated enclave with individual entrances, expansive four-bedroom, 3.5-bath 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. Investment snapshot, projected sales from $2.4M–$3M per unit with total potential projected revenue of $57,220,000. Construction timeline as little as 24 months Ideal for capital rotation, high-margin resale or portfolio legacy. the ultimate urban lifestyle. 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, everything you desire is in reach. Find your ideal Florida lifestyle at Sunrise Preserve.
Highlights
Home typeOther
StatusActive
Lot size1.42 Acres
MLS #A4655859
ViewCity
Virtual tour
Summary
- View: City
- List Price: $5,990,000
- HOA Amount: $995 Monthly
- Annual Tax Amount: $36,623
- Tax Year: 2023
- Lot: Corner Lot, City Lot, Level, Near Public Transit, Room for pool, Sidewalk, Paved, Suburb, Wooded
- Directions: FROM I75 SOUTH, TAKE FRUITVILLE ROAD EXIT INTO DOWNTOWN; CROSS 301/WASHINGTON BLVD, TURN RIGHT/NORTH ON ORANGE AVE. PROJECT IS AT THE CORNER OF ORANGE AVE and 4TH STREET ON RIGHT. CURRENT STRUCTURES BEHIND CHAIN LINK FENCING TO BE DEMOLISHED.
- Lot Size: 1.42 Acres
- MLS Number: A4655859
- MLS Name: MFRMLS
- Office Name: PREMIER SOTHEBY'S INTERNATIONAL REALTY
- Office Phone: (941) 364-4000
- Listing Agent: Frank Lambert
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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: 7/29/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 17, 2022 | Home Sold | $3,325,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $2,432,300 | $36,623 |
| 2022 | $1,979,500 | $23,793 |
| 2021 | $1,672,700 | $23,793 |
| 2020 | $1,029,700 | $21,739 |
| 2019 | $1,069,700 | $1,153 |
| 2018 | $1,136,989 | $600 |
| 2017 | $1,375,000 | $600 |
History based on county public records data.
Nearby schools
4
Emma E. Booker Elementary School
Public District PK-5
1.5 mi
•2350 Dr Martin Luther King Way
5
Alta Vista Elementary School
Public District PK-5
1.6 mi
•1050 S Euclid Ave
4
Tuttle Elementary School
Public District PK-5
1.6 mi
•2863 8th St
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 $31,966. The most common annual income of people living in Sarasota, FL is less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
58%
<35k
37%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
18%
Single, with Kids
10%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
37%
18-34 yrs old
35%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Minor League Baseball Games
Soccer
Where do the neighbors shop?
Burlington
New York & Company
Forever 21
Where do the neighbors go to eat?
Popeyes
Chick-fil-A
Dominos Pizza
What do the neighbors drive?
Dodge
Kia
Mazda
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1625 4th St
The listing price of 1625 4th St property is $5,990,000.
The property 1625 4th St is land located in Sarasota, Florida, 34236.
Active Listing: 1625 4th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1625 4th St are: Emma E. Booker Elementary School (GreatSchools Rating 4/10), Alta Vista Elementary School (GreatSchools Rating 5/10), Tuttle Elementary School (GreatSchools Rating 4/10), 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).
According to the records, the last property tax for 2023 is $36,623 (source: MLS/based on county public records data).
The last sale was on June 17, 2022 for $3,325,000 (source: MLS/tax record).
The property 1625 4th St is 1.42 acres.
This home is located at 1625 4th St in Sarasota, FL and zip code 34236 in the Gillespie Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $5,990,000.
Over 23 listings were sold over their listed price in June 2025 in Sarasota, FL. In the same period over 364 listings were sold below the listed price and 51 listings were sold for the listed price. Between May and June 2025, Sarasota, FL real estate market has seen decrease in the number of listings by 2%. Listings spent 72 days on the market in June 2025, and had a median list price of $495,118 during the same period.
From Rocket Homes Real Estate and based on county public records data.