1374 5th Way
$2,200,000, .24 Acres
About This Property
Attention Builders and Developers: Tremendous Development opportunity awaits on one of the few remaining parcels in the Red Hot Rosemary District, currently under final permit review with the City. This is one of the last Shovel Ready projects entitled under the recently expired 75/acre Overlay District. Prior to closing, this Award-Winning, flowing Green Architecture project, featuring 11 Residences and 1 Retail unit will be ready to break ground and commence construction. Forget about the 2 year + time commitment to design and engineer a project for issuance of permit – Seller has done all that. Even the Condo Docs are prepared. Let the actual Contracts begin – and an extensive and thorough search for a highly qualified Contractor is in place also. In 15 months, the profits could begin rolling in. These units offer the best of everything that only new construction can offer – High Ceilings, Impact Glass, the newest hurricane construction standards, stone countertops, walls of glass, high efficiency HVAC, contemporary cabinetry, elevators, beautifully designed spa areas, and rooftop balconies with Sarasota Bay views. Every month new Condos, Apartments, Retail, Hotels and restaurants are opening in the Rosemary District. And now with the new 53 acre Bay Sarasota Project only 2 blocks away, and ready to go, the property values in the Rosemary District are destined to explode. Join now and become an integral participant in the Rosemary Revolution.
Electrical Nearby, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available
Buildable, Central Business District, Cleared, Corner Lot/Unit, Historic District, Level, Street Paved
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.
Listing data comes from My Florida Regional MLS.
Listing information last updated on November 19th, 2019 at 4:45pm CST.