1469 5th Street, Sarasota, FL 34236
- $1,299,000
- Sold Price
- $1,299,000
- List Price
- $1,299,000
- Status
- Sold
- Days on Market
- 290
- Closing Date
- Jun 18, 2026
- MLS#
- A4655867
- Lot Size
- 5,194
- Acres
- 0.11
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Collage On 5th Condominium
- MLS Area Major
- Sarasota
Property Description
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.
/t.realgeeks.media/resize/460x/https://u.realgeeks.media/swfloridafinehomes%252FBanner_Image_1-min.jpg)
Additional Information
- Taxes
- $18000
- Location
- Central Business District, Paved
- Community Features
- No Deed Restriction
- Zoning
- DTE
- Utilities
- Electrical Nearby, Public, Utility Pole
- Pool
- No Pool
- Elementary School
- Alta Vista Elementary
- Middle School
- Booker Middle
- High School
- Booker High
- Fences
- Chain Link
- Pets
- Allowed
- Pet Size
- Extra Large (101+ Lbs.)
- Flood Zone Code
- X
- Parcel ID
- 2026117001
- Legal Description
- UNIT 101, COLLAGE ON 5TH CONDOMINIUMUNIT 101, COLLAGE ON 5TH CONDOMINIUM; UNIT 201, COLLAGE ON 5TH CONDOMINIUM; UNIT 202, COLLAGE ON 5TH CONDOMINIUM; UNIT 301, COLLAGE ON 5TH CONDOMINIUM, UNIT 302, COLLAGE ON 5TH CONDOMINIUM; UNIT 401, COLLAGE ON 5TH CONDOMINIUM; UNIT 402, COLLAGE ON 5TH CONDOMINIUM
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY. 941-364-4000
Selling Office: PREMIER SOTHEBY'S INTERNATIONAL REALTY.Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. 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. Listing information is provided for consumer 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. Data last updated on