JessicaPerez
LOT SIZE 0.310 acres
MLS#A4706492
STATUSActive
PROPERTY TYPELand - Lot/Land
SUBDIVISIONROSEMARY DISTRICT
Property Description
Soon to be a permit-ready' opportunity in Sarasota's red-hot Rosemary Arts & Design District. A rare chance to build lifestyle-driven homes in one of Sarasota's fastest-growing urban neighborhoods. This shovel-ready project is designed for buyers who want modern design, abundant outdoor living and navigability, all the essentials for today's millennial and empty nester markets. Project highlights include a permit-ready space, construction can begin in just four to six months. Potential for six three-story townhomes, each with four bedrooms, three full baths and two half baths, as well as private pools and guest houses, luxury features that set this community apart. Multiple terraces, patios and outdoor kitchens will provide expansive outdoor living space. Private two-car garages for every residence. Large residences at over 2,800 square feet. Priced at $2,495,000, the lot has potential for light, bright architecture, built to the latest hurricane standards. The property has potential to produce sales volume and profit. An advantageous location, the project is a short distance from The Bay Sarasota, a 53-acre waterfront park; two blocks from Sarasota School of Arts and Sciences (SSAS) and surrounded by 65 restaurants within six blocks and just minutes from downtown shopping, theaters, arts districts and St. Armands/Lido Beach. Located in Flood Zone X, a safer, elevated land designation. Adding to the sought-after location is the stunning urban design across 7th Street. The award-winning Sarasota and Rosemary District architect, Halflants & Pichette, has designed a condominium project with a rooftop pool, fitness center and clubhouse coming at the southwest corner of 7th/Cohen Way. This condominium development lives like single-family homes, offering privacy, scale and unparalleled outdoor space. With demand outpacing land supply in Rosemary, this is a timely opportunity to shape the district's next chapter. Completion is possible within 18 months of groundbreaking. Adjacent property is MLS A4706531. Together with this property, it offers a 62-unit development opportunity.
Property Features
Property Type: Land - Lot/Land
Lot Size: 0.31 Acres
Taxes: $14,176
Feature Descriptions
Days on Site: 3
Directions: FROM I 75, TAKE FRUITVILLE RD EXIT INTO DOWNTOWN SARASOTA; TURN NORTH ON CENTRAL AVE; TURN RIGHT ON7TH STREET; PROPERTY IS ON LEFT AT COHEN WAY/7TH STREET.
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Buildable, City Limits, Level, Urban
Lot Dimensions: 0.31
Ownership: Fee Simple
Property Attached Y/N: No
Road Frontage: 100
Sewer: Public Sewer
Showing Instructions: Call Listing Agent 2,Call Listing Agent, Call Listing Office, Go Direct, No Lockbox, See Remarks
Special Sale Provisions: None
Utilities: Electricity Available, Sewer Available, Sewer Nearby, Water Available
Water: Public
Water Access Y/N: No
Zoning: DTE
Local Schools
High School: Booker High
Middle School: Booker Middle
Elementary School: Alta Vista Elementary
Listed By / Shown By
Listed By
Agency Name: PREMIER SOTHEBY'S INTERNATIONAL REALTY
Agency Contact: 941-364-4000
Shown By
Agent Name: Jessica Perez
Agent Phone: Cell: (954) 263-7441
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 7,461.83 per month $5,552.79 Principal & Interest $1,181.33 Property Tax $727.71 Homeowner's InsuranceChange Payment Information
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701 Cohen Way | MLS# A4706492
This land located at 701 Cohen Way, Sarasota, FL 34236 is currently listed for sale with an asking price of $2,495,000. The property has approximately 0.31 Acres. Search Sarasota real estate on jperez.realty100.com today.