701 COHEN WAY Sarasota, FL 34236
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved
Listing Status Active
Purchase Type For Sale
Subdivision Rosemary District
MLS Listing ID A4666601
HOA Y/N No
Annual Tax Amount $14,176
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 133.5x100
Property Sub-Type Unimproved
Source Stellar MLS
Property Description
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 walkability—all the essentials for today's millennial and empty nester markets.
Project Highlights
· Permit-Ready: Construction can begin in just 60 days
· 6 Three-Story Townhomes: Each with 4 bedrooms, 3 full baths, 2 half baths
· Private Pools & Guest Houses: Luxury features that set this community apart
· Expansive Outdoor Living: Multiple terraces, patios, and outdoor kitchens
· Private Two-Car Garages for every residence
· Large Residences: 2,800+ sq. ft., priced from $2,693,000
· Light, Bright Contemporary Architecture with impact glass and latest hurricane standards
· Projected Sales Volume: $16,000,000+
· Projected Profit Potential: $4,426,000 (Pro Forma available)
Location Advantages
· Steps from The Bay Sarasota, a 53-acre waterfront park
· Surrounded by 65 restaurants within 6 blocks
· Two blocks from Sarasota School of Arts and Sciences (SSAS)
· Minutes to downtown shopping, theaters, arts district, and St. Armands/Lido Beach
· Flood Zone X – safer, elevated land designation
· Stunning Urban Design Across 7th Street - Award winning Sarasota and Rosemary District architect, Halflants & Pichette designed condo project with rooftop pool, fitness center and clubhouse coming at southwest corner of 7th/Cohen Way.
Why This Project Wins
- 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 possible within 18 months of groundbreaking.
Optional Advantage: Buyer may retain the current builder/owner to streamline construction.
Location
State FL
County Sarasota
Community Rosemary District
Area 34236 - Sarasota
Zoning DTE
Exterior
Utilities Available Electricity Available, Sewer Available, Sewer Nearby, Water Available
View City
Building
Lot Description Buildable, City Limits, Level, Urban
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Schools
Elementary Schools Alta Vista Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Owner Financing
Membership Fee Required None
Listing Terms Cash, Conventional, Owner Financing
Special Listing Condition None
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