1469 5th St

Sarasota, FL 34236

$1,299,000
Price
5,194 / 0.12
Lot Size / Acres
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Pending
Pending

Description

Under contract-accepting backup offers. 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 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,...Under contract-accepting backup offers. 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 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.
  1. Listed by Frank Lambert • Brokerage DRE #2034955 • PREMIER SOTHEBY'S INTERNATIONAL REALTY
    P: (941)-920-1500 C: (941)-920-1500 frank.lambert@premiersir.com
  2. Listed by Anita Lambert • Brokerage DRE #2034955 • PREMIER SOTHEBY'S INTERNATIONAL REALTY
    P: (941)-920-1501 C: (941)-920-1501 anita.lambert@premiersir.com

Property Details for 1469 5th Street

Subdivision Name
COLLAGE ON 5TH CONDOMINIUM
Township
36
Waterfront
No
LISTING UPDATED: 03/30/2026 04:47 PM

Property Details for 1469 5th Street

StatusPending
MLS #A4655867
Days on Market290
Taxes$18,000 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size0.12 AC
CountySarasota County
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Location

Listing Courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY, Frank Lambert; PREMIER SOTHEBY'S INTERNATIONAL REALTY, Anita Lambert
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Building Information for 1469 5th Street

Lot Size0.12 AC

Payment Calculator

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$8,041 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,541

Property Taxes

$1,500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1469 5th Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Direction Faces: South
  • 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.
  • Elementary School: Alta Vista Elementary
  • Middle Or Junior School: Booker Middle
  • High School: Booker High
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • SW Subdiv Community Name: Not Applicable
  • Street Number: 1469
  • Street Name: 5TH
  • Street Suffix: STREET
  • State: FL
  • City: SARASOTA
Parking
  • Available For Lease: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Number Of Pets: 2
  • Pet Restrictions: SEE RESTRICTIONS
  • Pet Size: Extra Large (101+ Lbs.)
  • Tax 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
  • Tax Year: 2023
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Property
Lot Information
  • Additional Parcels: No
  • Current Adjacent Use: Commercial
  • Current Use: Residential
  • Lot Features: Central Business District
  • Lot Size Dimensions: 49 x 106
  • Parcel Number: 2026117001
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: DTE
  • Lot Dimensions: 49 x 106
Property and Assessments
  • Flood Zone Code: X
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0133F
  • Number Of Lots: 1
  • Public Survey Range: 18
  • Public Survey Section: 19
Utilities
  • Sewer: Public Sewer
  • Utilities: Electrical Nearby, Public, Utility Pole
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Fencing: Chain Link
  • Pool: None
  • Pool Private: No
  • Vegetation: Mature Landscaping
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 1469 5th Street

DateEvent & SourcePriceAppreciation
Mar 30, 2026

Pending

MFRMLS #A4655867

—
Jul 18, 2025

Price Change

MFRMLS #A4655867

$1,299,000—
Jun 13, 2025

Listed (Active)

MFRMLS #A4655867

$1,695,000—
DateEvent & SourcePrice
03/30/2026

Pending

MFRMLS #A4655867

—
07/18/2025

Price Change

MFRMLS #A4655867

$1,299,000
06/13/2025

Listed (Active)

MFRMLS #A4655867

$1,695,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1469 5th Street

Taxable ValueLand-Additions-Total-
Home Facts
Beds0StyleMiscellaneous ResidentialZoningDTECountySARASOTAAPN0000-00-8665

Schools near 1469 5th Street

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Alta Vista Elementary School
Public - PK to 5
Booker Middle School
Public - 6 to 8
Booker High School
Public - 9 to 12
Skye Ranch School
Public - K to 8
Rating
School
Distance
Alta Vista Elementary School
PublicPK to 5

Booker Middle School
Public6 to 8

Booker High School
Public9 to 12

Skye Ranch School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY, Frank Lambert; PREMIER SOTHEBY'S INTERNATIONAL REALTY, Anita Lambert

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.